Baltic index down for third straight session on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates in the capesize segment. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 13 points, or 0.8%, to 1,621 points. …

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