Baltic Dry Index Rises for 3rd Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for the third session on Monday, rising about 0.5% to a fresh high since June 5 at 2,960 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for the third day, …

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