Baltic index logs second straight weekly gain on panamax strength

The Baltic Exchange’s main sea freight index .BADI rose for the second straight week on Friday, led by strong demand in the panamax vessel segment. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, gained 8 points, or 0.7%, to 1,136. * The main index …

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