Tag: baltic index
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Baltic dry index slips as sentiments weaken across vessel segments
The Baltic dry bulk index decreased d-o-d by 3.8% (83 points) to 2,121 on 17 Dec. The index fell as weaker iron ore and coal chartering, combined with rising vessel availability across basins, pressured spot freight rates. Capesize: BCI fell 3.7% (140 points) to 3,694. Panamax: BPI decreased by 6.2% (97 points) to 1,480. Supramax:…