Tag: Baltic panamax index
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Baltic Dry Index falls nearly 5% as Capesize rates correct sharply
Capesize index drops sharply by nearly 7.5%, driving decline Panamax slips marginally, while Supramax edges higher The Baltic Dry Index (BDI) fell sharply by 158 points, or 4.61%, to 3,268 on 28 September, from 3,426 on 25 September. The decline was led by a sharp correction in the Capesize segment, while Panamax also edged lower.…