Baltic Dry Index Advances for 7th Day

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a seventh straight session on Thursday, rising by 2.1% to its highest since October 5 at 3,020 points. Gains were broad-based across vessel segments, particularly the larger one. The capesize index, which typically transports 150,000-ton cargoes, ...

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →