Tag: Baltic
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Baltic Dry Index falls nearly 2% to two-week low as Capesize weakens
Capesize extends losses for third consecutive session Supramax gains modestly, bucking broader weakness The Baltic Dry Index (BDI) declined by 62 points, or 1.8%, to 3,445 on 14 September from 3,507 on 11 September, falling to its lowest level in around two weeks. The decline was primarily driven by continued weakness in Capesize freight rates,…