Baltic index hits near two-year peak as capesize registers strong gains

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed to log a near two-year high on Tuesday, bolstered by strong gains in the capesize segment. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 17 points, or 0.7%, to …

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