Baltic Index Posts Weekly Gain On Higher Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Friday to post a weekly gain on higher capesize vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was up 65 points, or 4.8%, at 1,418, its highest in four …

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