Baltic Index Snaps 3-Session Losing Streak On Larger Vessel Gains

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 14 points to 990 points. The …

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