Baltic Index Down on Lower Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, eased on Tuesday for the second straight session on lower capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, slipped 8 points to 1,650 points. The capesize index (.BACI) fell 54 …

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