Baltic index declines on capesize weakness

The Baltic Exchange’s dry bulk sea freight index edged lower on Monday as the capesize segment dipped for a ninth consecutive session. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, dipped 60 points to 2,484 points. The capesize index dipped 153 points, or 8.1%, to 1,734. Average daily …

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