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Baltic Index Snaps 13-Session Winning Streak On Weaker Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels carrying dry bulk commodities, fell on Tuesday snapping a 13-session winning streak, as rates weakened across vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, shed 14 points to 1,262 points. The capesize index declined …