Baltic Dry Index Down for 2nd Day
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, eased for a second session on Tuesday, falling about 1.8% to 2,670 points, weighed down by the larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, dropped about 3.5% to 3,911 points; …
