MARITIME BUSINESS LEADERS
BREAKING NEWS
Baltic Dry Index Up for 5th Day
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a fifth straight session on Tuesday, up 0.3% to a fresh high since October 9 at 2,862 points. The panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, rose by 1.9% to its highest since October 26 at 2,075 points; and the capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, remained steady at an over one-month high of 4,457 points. Among smaller vessels, the supramax index eased further by 0.2% to reach its lowest level since October 7 at 1,806 points.
Source: Trading Economics
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