Baltic Index Hits One-Week Low As Vessel Rates Across Segments Fall

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Tuesday to its lowest level in a week, pressured by weaker demand across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 117 points, or 5.3%, to 2,109 points, …

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