Tag: Baltic panamax index

Geopolitical tension kept index under pressure Weak cargo demand, outlook uncertain The Baltic Dry Index (BDI) continue to head south d-o-d by 1.6% (49 points) to 3,005 on 20 May 2026, primarily due to weakness in the Capesize segment, where softer iron ore fixture activity on key Brazil-China and Australia-China routes, coupled with increased vessel…