Baltic index extends losses on weaker capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 17-month low on Thursday, dragged down by weaker rates across capesize and supramax vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 52 points to 976 points, …

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