Tag: baltic index trend

The Baltic Dry Index surged by 7.1% (202 points) to 3,034 on 7 May’26 against 5 May, reaching its highest level since July 2025. It was driven by strong Capesize demand amid increased iron ore shipments and tightening vessel availability. Capesize: BCI increased 9.3% (436 points) to 5,139. Panamax: BPI gained 6.9% (141 points) to…