Baltic Dry Bulk Freight Index Edges Up On Capesize Gains

The Baltic Exchange’s dry bulk freight index increased on Friday for the second day in a row, driven by stronger capesize rates, though the index recorded an 8.1% decline for the week. The main Baltic index, which measures rates for capesize, panamax and supramax vessels, added 8 points, or 0.3%, to reach 3,148 points. The …

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