| The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in over three years on Wednesday as slow cargo trade and a surplus of vessels dragged sentiment down.
The overall index fell 23 points or 2.85 percent to 784 points and was at its lowest since Jan. 6, 2009. The shipping sector in coming months is expected to face a supply glut and glum economic outlook, including concerns over Chinese demand for raw materials, which will pressure earnings...............................................Full Article: Source
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