The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, notched its biggest gain in about two years on Friday, propelled by robust demand for capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 75 points, or 7.4 percent, to 1,093 points – its biggest one day percentage gain since Nov. 17, 2016.

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