Tag: baltic index

The Baltic dry index edged lower on 26 Dec against 24 Dec, as subdued year-end cargo inquiries, particularly for coal, iron ore, and grains, coincided with rising vessel availability across basins, prompting owners to trim offers amid cautious chartering sentiment. Capesize: BCI declined 0.5% (18 points) to 3,319. Panamax: BPI up by 1 point to…