Tag: Mysteel news
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Baltic index ends 12-day winning streak
The Baltic Exchange’s dry bulk sea freight index (BDI), an indicator of supply-demand fundamentals in global dry cargo markets, snapped a 12-session winning streak on Tuesday, as pressure from lower capesize rates outweighed gains in smaller vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, registered 2,291 points…