Baltic Dry Index at Over 2-Week Low

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, eased for the second straight session on Tuesday, dropping 2.2% to its lowest since October 19 at 2,590 points. All vessel segments moved lower, with the downturn particularly pronounced among larger vessels. The capesize index, which typically transports 150,000-ton ...

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