Baltic Dry Bulk Index Ends Worst Day In Over Three Months

The Baltic Exchange’s main sea freight index declined the most since mid-February on Thursday as shipping rates continued to slump across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, dipped 80 points, or 6.2%, to 1,215 points, its lowest since early March. …

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