Gains in panamax vessel rates take Baltic sea freight index higher

The Baltic Exchange’s main sea freight index .BADI edged up on Monday as rates for the panamax segment, ferrying coal and grain cargoes, hit a more than three-month high that also helped offset a dip in the larger capesize vessel segment. * The overall index, which factors in rates for capesize, panamax and supramax shipping …

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