Baltic Index Extends Gains To Over One-Month High On Strong Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for an eighth straight session to hit a more-than-one-month high on Monday, supported by gains across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 21 …

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