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Baltic Dry Index Down for 3rd Day

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, decreased for a third straight session on Tuesday, dropping about 2.8% to a fresh low since September 1 at 3,178 points. The main downward pressure came from larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes, including ...

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

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