Tag: baltic index trends
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Baltic dry index rebounds as Capesize, Panamax strengthens; Supramax hits 3-week low
Improved iron ore and coal cargo activity supports Cape, Panamax earnings Supramax extends losses on weak minor bulk demand and ample vessel supply The Baltic Dry Index (BDI) rebounded 1.6% d-o-d (41 points) to 2,673 on 30 July against 2,632 on 29 July, ending a three-session losing streak. The recovery was driven by stronger Capesize…