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The Baltic Exchange's dry bulk sea freight index experienced its seventh consecutive decline, primarily driven by weakened rates for capesize shipping vessels. The overall index, considering capesize, panamax, and supramax vessels, dropped by 2.9%. Capesize vessels, specializing in transporting bulk cargoes like iron ore and coal, witnessed a 4.8
The Baltic Exchange's dry bulk sea freight index experienced its seventh consecutive decline, primarily driven by weakened rates for capesize shipping vessels. The overall index, considering capesize, panamax, and supramax vessels, dropped by 2.9%. Capesize vessels, specializing in transporting bulk cargoes like iron ore and coal, witnessed a 4.8
The Baltic Exchange's dry bulk sea freight index experienced its seventh consecutive decline, primarily driven by weakened rates for capesize shipping vessels. The overall index, considering capesize, panamax, and supramax vessels, dropped by 2.9%. Capesize vessels, specializing in transporting bulk cargoes like iron ore and coal, witnessed a 4.8
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