Baltic Index Extends Gains On Rising Capesize Prices
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended gains on Thursday, supported by a rise in capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 11 points, or 0.6%, to 1,961 points. The capesize index gained …
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