Baltic index falls as capesize loses momentum

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, on Wednesday snapped a six-day winning streak as capesize vessel rates fell. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 53 points, or 2.5%, at 2,044 points. The index hit its …