Baltic index logs best month in 2 years on improved vessel demand

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships ferrying dry bulk commodities, rose on Friday and logged its best month in 2 years propelled by a corresponding rise in capesize and panamax demand. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, snapped its four-session long …

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