Baltic Index Rises To Over One-Month High On Stronger Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a more-than-one-month high on Monday supported by higher capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 28 points, or 1.3%, to 2,153 points, the highest level …

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