Baltic Index Rose To 11-year Peak

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The Baltic exchange’s main sea freight index rose on Wednesday, reports Yahoo Finance.

High Main Sea Freight Index 

The Baltic exchange’s main sea freight index rose on Wednesday, its highest since mid-2010, boosted by gains across vessel segments.

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose by 109 points, or 3.5%, to 3,266, its strongest level since June 2010.

Capesize Index

  • The capesize index rose 224 points, or 4.3%, to...

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