Baltic Dry Index Down for 3rd Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for the third session on Tuesday, falling about 1.2% to an over one-week low of 3,054 points, amid broad-based weakness across vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased …

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