Baltic index falls for third week on weaker rates across segments

The Baltic Exchange’s dry bulk sea freight index edged up on Friday but declined for the third consecutive week as rates across vessel segments lingered near multi-week lows. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 7 points, or 0.3%, at 2,094. The index fell 10.8% on …

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