Baltic Index Rises for Fifth Day On Stronger Capesize, Panamax Rates

Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fifth straight session on Monday, boosted by robust gains in capesize and panamax vessels. The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 63 points to 1,558 points. The capesize index rose 201 …

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