Baltic index inches up on rising capesize rates

The Baltic Exchange’s main sea freight index edged up on Friday, helped by rising rates for capesize vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 11 points, or about 0.6%, to 1,710. The Baltic capesize index rose 54 points, …

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