Baltic Index Posts Weekly Gain On Higher Capesize Demand

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Friday and posted a weekly rise due to higher demand for capesize vessels. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, added 10 points, or 0.8%, to 1,421. It …

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