Tag: baltic index trend
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Baltic dry index moves lower d-o-d amid Capesize correction
The Baltic Dry Index dropped d-o-d by 4.5% (96 points) to 2,028 points on 3 Feb’26, as a sharp correction in the Capesize segment outweighed mixed performance across other vessel classes, amid softer iron ore and coal fixing activity. Capesize rates weakened notably, while Panamax earnings edged lower. Capesize: BCI declined by 7.5% (259 points)…