Baltic Dry Index Breaks 3-Day Decline

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, halted its three-day losing streak on Wednesday, rising about 1.9% to 2,652 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, surged roughly 5% to a two-week high of 3,886 points, reversing three consecutive ...

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