Tag: baltic index trend
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Baltic Dry Index extends post-holiday rally; smaller vessels lag recovery
The Baltic Dry Index increased by 5.4% (146 points) to 2,832 on 5 May’26 against 30 Apr, driven primarily by stronger Capesize earnings amid improved iron ore cargo activity and firmer Atlantic sentiment, despite continued weakness in the Supramax segment. Capesize: BCI surged 8.7% (376 points) to 4,703. Panamax: BPI gained 3.1% (62 points) to…