Baltic Dry Index Hits Over 9-Month High On Capesize Surge

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, climbed to its highest level in more than nine months on Thursday, driven by a sharp rise in capesize vessel rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 124 points, or 6.5%, …

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