Tag: Baltic dry index
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Baltic Dry Index rises on stronger Capesize demand, tighter vessel supply
The Baltic Dry Index rose 1.8% (53 points) d-o-d to 3,031 on 11 May’26, supported by firmer Capesize rates amid active iron ore and coal cargo bookings, along with tighter vessel availability across key trade routes. Capesize: BCI rose 0.4% (21 points) to 4,976. Panamax: BPI gained 2.2% (50 points) to 2,283, the highest since…