Baltic Index Falls, Posts Weekly Decline On Lower Capesize, Panamax Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a more than two-week low on Friday and logged a weekly fall, as weak rates in capesize and panamax segments weighed. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, lost …

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