Baltic index gains on higher rates for smaller vessels

The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday as gains in the panamax and supramax segments offset a dip in capesize rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, gained 29 points, or 1.1%, to 2,575 points. The panamax index gained 161 points, …

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