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News 2026-10-16 13:12 UTC

Baltic index logs third weekly loss as capesize rates weigh

Oct 16 (Reuters) — The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday, extending losses to a third straight week as weakness in capesize vessel rates continued to weigh on the market. The main Baltic index, which tracks rates for capesize, panamax an