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Dry bulk shipping index falls to six-week low
The Baltic Exchange's dry bulk shipping index fell to a six-week low on Tuesday, driven by declining rates for Capesize vessels.
The Baltic's main index, which tracks rates for Capesize, Panamax and Supramax vessels, fell 68 points, or 2.2%, to settle at 3,002 points. This was the index's weakest level since 25/08.
The Capesize index fell 195 points, or 4%, to 4,638 points, its lowest level since 21/08.
The average daily earnings of Capesize vessels, which typically carry cargoes of 150,000 tonnes of iron ore and coal, fell by $1,769 to $38,561.#BinanceLaunchesBinanceIntelligence #BitcoinTargets2026OpenAt$87570 #StriveBuys2000BTCFor$169M #StriveBuys2000BTCFor$169M #EvernorthXRPTreasuryCompletesSPACMerger
$XAU
Dry bulk shipping index falls to six-week low
The Baltic Exchange's dry bulk shipping index fell to a six-week low on Tuesday, driven by declining rates for Capesize vessels.
The Baltic's main index, which tracks rates for Capesize, Panamax and Supramax vessels, fell 68 points, or 2.2%, to settle at 3,002 points. This was the index's weakest level since 25/08.
The Capesize index fell 195 points, or 4%, to 4,638 points, its lowest level since 21/08.
The average daily earnings of Capesize vessels, which typically carry cargoes of 150,000 tonnes of iron ore and coal, fell by $1,769 to $38,561.#BinanceLaunchesBinanceIntelligence #BitcoinTargets2026OpenAt$87570 #StriveBuys2000BTCFor$169M #StriveBuys2000BTCFor$169M #EvernorthXRPTreasuryCompletesSPACMerger
