Baltic Index Drops To One-Month Low As Rates Across Vessels Decline

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, slipped to a one-month low on Friday on waning demand across vessel segments as trade war tensions rise. The main index, which tracks rates for capesize, panamax, and supramax shipping vessels, fell 51 points or 3.3% to 1,489, …

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