Tag: Freight Rates
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Baltic Index Up As Capesize Rates Soar
The Baltic Dry Index (BDI) is an economic indicator issued by the London-based Baltic Exchange. The index provides an assessment of the price of moving major raw materials by sea, it covers Handysize, Supramax, Panamax and Capesize dry bulk carriers carrying a range of commodities including Coal, Iron ore and grain. The Baltic Exchange’s main…