- Capesize segment stable amid balanced vessel availability
- Smaller segment remain supported
The Baltic Dry Index inched down by 1.4% d-o-d (44 points) to 3,151 on 15 May 2026, amid stability in Capesize segment and volatility in bunker prices.
Segment-wise trends
- Capesize: The Baltic Capesize Index (BCI) remained stable d-o-d at 5,316, as balanced vessel availability and steady iron ore cargo flows from Brazil and Australia kept sentiment firm despite limited fresh fixtures.
- Panamax: The Baltic Panamax Index (BPI) increased by 0.7% (18 points) to 2,521, supported by improved grain and coal cargo activity, while relatively tight tonnage in parts of the Atlantic lent additional support to freight sentiment.
- Supramax: The Baltic Supramax Index (BSI) rose by 0.45% (7 points) to 1,565, amid stable minor bulk demand and gradual improvement in regional cargo inquiries, although overall market sentiment remained cautious due to uneven fixture activity.
Outlook
Near-term dry bulk freight sentiment is expected to remain firm, supported by steady cargo demand and balanced vessel availability across key routes. However, bunker price volatility and cautious chartering activity may cap further gains.
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