Tag: Baltic panamax index
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Baltic Dry Index rises d-o-d for second session; Capesize rebound offsets Panamax weakness
Capesize strengthens as Atlantic activity improves Panamax remains under pressure from ample tonnage The Baltic Dry Index (BDI) rose for a second consecutive session, gaining 34 points, or 1%, d-o-d to 3,370 on 18 September, from 3,336 on 17 September. The recovery was led by a stronger Capesize segment, while continued Panamax weakness limited the…