Baltic index steady as lower rates for smaller vessels counter capesize gains

The Baltic Exchange’s dry bulk sea freight index was mostly unchanged on Tuesday after a climb in capesize rates was countered by declines for all other vessel classes. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 1 point, or 0.1%, at 2,093. But the index ended 2023 …

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