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Baltic Index Snaps 12-Day Losing Streak On Higher Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for ships carrying dry bulk commodities, snapped a twelve-day losing streak on Thursday, buoyed by higher rates in the capesize vessel segment. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained for the first time since March 25, adding …