Baltic Index Hits Two-Week Low On Declining Vessel Rates Across All Segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a more than two-week low on Monday, pressured by losses across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 15 points, or 0.8%, to 1,976 points, …

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