Baltic index declines as all vessels see falling rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday, pressured by losses across all vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, dipped 39 points to 1,537 points. The capesize index lost 98 points to 2,626 points. …
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