Baltic Dry Index Up to 1-Week High

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a second session on Friday, rising about 2.4% to its highest since June 12 at 2,722 points, underpinned by the larger vessel segment. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, …

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