Baltic Dry Index Rises Further, Posts Weekly Gain

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a third session on Friday, rising about 2.8% to 2,028 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, climbed 5.8% to 2,880 points; and the panamax index, which usually carries 60,000 to …

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