Baltic index slips on weaker capesize demand

The Baltic Exchange’s main sea freight index, which monitors rates for ships carrying dry bulk commodities, fell on Monday as demand for capesize vessels weakened. * The main index BBDI, which tracks rates for capesize, panamax and supramax shipping vessels, dropped 22 points, or 1.1%, to 2,022 points, reaching its lowest point since August 12. …

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