Baltic Index Falls For Third Straight Session On Lower Capesize, Panamax Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for the third successive session on Wednesday, pressured by weak demand for capesize and panamax vessels. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 13 points at 1,637 points. …

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