Baltic Dry Index Hits Near 3-Month Peak

The Baltic Exchange’s dry bulk sea freight index rose 2.1% to 3,107 on Thursday, marking a sixth consecutive session of gains and reaching its highest level since June 3. The index tracks rates for capesize, panamax and supramax vessels. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for ...

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