Tag: Baltic dry index
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Baltic Dry Index declines to 1-week low as Capesize, Panamax weakens
Panamax snaps nine-session winning streak; Supramax recovers Capesize index drops by 6% as freights ease after recent gains The Baltic Dry Index (BDI) fell for a third consecutive session, declining 107 points (3.5%) d-o-d to 2,939 on 12 August from 3,046 on 11 August, marking a one-week low. The broader correction was driven primarily by…