The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for a fourth straight session on Thursday, dragged by losses in the capesize and supramax segments.

The main index, which tracks rates for capesize, panamax and supramax vessels, lost 58 points to 1,718. The index had gained around 88% in 2025.

The capesize index fell 157 points, or 5.5%, to 2,721.

Average daily earnings for capesize vessels, which typically transport 150,000-ton cargoes such as iron ore and coal, decreased $1,416 to $21,179.

Iron ore futures retreated as investors booked profits on fears of potential government intervention in top consumer China, with prices nearing the key psychological level of $110 per metric ton.

Among smaller vessels, the supramax index lost 17 points to 976.

Meanwhile, the panamax index added 19 points, or 1.4%, to 1,336.

Average daily earnings for panamax vessels, which usually carry 60,000 to 70,000 tons of coal or grain, increased $177 to $12,028.
Source: Reuters