Baltic Index Falls To Five-Month Low As Vessel Rates Decline Across The Board

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to an over five-month low on Tuesday, as rates across all vessel segments declined. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 90 points, or 4.5%, to 1,889 points, its …

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