Baltic dry bulk index extends slide for 10th straight session

The Baltic Exchange’s main sea freight index of shipping rates for dry bulk commodities logged its 10th consecutive decline on Wednesday, hitting its lowest in two-and-a-half months as rates fell across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 53 points, or 3.9%, to 1,295 …

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