Tag: baltic index trends
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Baltic Dry Index extends gains as Capesize and Panamax strengthen; Supramax eases marginally
Capesize momentum and Panamax recovery lift BDI Supramax slips slightly after recent resilience The Baltic Dry Index (BDI) extended its upward momentum on 24 August, rising 41 points (1.4%) w-o-w to 2,882 from 2,841 on 21 August. The weekly gain was driven by stronger Capesize and Panamax freight rates, while a marginal decline in Supramax…