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Baltic Dry Index Bounces | Hellenic Shipping News Worldwide

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, snapped its three-day losing streak on Friday, rising 1.2% to 2,043 points, mainly supported by the larger vessel segments.

The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, rebounded by 1.7% to 3,051 points; and the panamax index, which usually carries 60,000-70,000 tons of coal or grain, continued to increase, rising 1.2% to 1,838 points.

Among smaller vessels, the supramax index eased 1 point to 1,159 points.
Source: Trading Economics



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