Baltic index hits near three-week low as larger vessel rates fall

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week low on Tuesday, pressured by lower rates for capesize and panamax vessels. * The main index BDI, which tracks rates for capesize, panamax and supramax shipping vessels, fell 49 points, or 2.49%, to …

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