Baltic index hits two-week high on firm capesize, panamax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a two-week high on Thursday, supported by higher rates for larger vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 30 points or 2.8% to 1097, its highest level …

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