Baltic index ticks up on gains in larger vessels

The Baltic Exchange’s dry bulk sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, rose on Monday, on higher rates for capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 5 points, or about 0.3%, to 1,843. The capesize index (.BACI) …

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