Baltic sea freight index posts weekly gain as capesize rates jump

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, logged its first weekly gain since mid-June, as a jump in capesize rates outweighed declines in other vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 140 points, or nearly 7%, …

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