Logo

Baltic Dry Index Up for 3rd Day, Still Posts Weekly Loss

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a third session on Friday, rising about 0.8% to 2,031 points.

The capesize index, which typically transport 150,000-ton cargoes including iron ore and coal, also advanced for a third day, climbing 2% to its highest since March 4at 3,032 points.

At the same time, the supramax index added 1 point to 1,206 points; while the panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, continued to decrease, falling about 0.8% to a fresh six-week low of 1,756 points.

For the week, the benchmark index declined about 1.2%.
Source: Trading Economics



Source

Related News

Freight Market Report 27/03-2026 Presented By IC S...

6 hours ago

The war in Iran will have knock-on effects for the...

9 hours ago

Norden moves into ice-class with LKAB deal and new...

12 hours ago

Sea Glory enters the cape segment with newcastlema...

14 hours ago

Baltic Dry Index Rises for 2nd Day

22 hours ago