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Baltic Dry Index Breaks 2-Day Advance

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, snapped a two-day winning streak on Thursday, dropping about 2.7% to a one-week low of 3,521 points. Weaker rates across larger segments were behind the decline. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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