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Baltic Dry Index Extends Slide

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, slumped about 4.6% to its lowest since june 30 at 2,545 points on Thursday, marking the ninth consecutive session of declines. Downward pressure conti ued to come from larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes, ...

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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