Tag: Baltic panamax index
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Baltic Dry Index hits 4-week low as Capesize rates decline sharply
Capesize drops 4.6%, hits 5-week low Panamax slips, Supramax extends gains The Baltic Dry Index (BDI) fell d-o-d by 90 points, or 2.75%, to 3,178 on 29 September, from 3,268 on 28 September, marking its third consecutive session of decline and its lowest level since 1 September. The decline was primarily driven by a sharp…