Tag: Baltic panamax index
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Baltic Dry Index hits nearly 5-year high on firm commodity demand, tight tonnage
Capesize leads rally, BCI hits highest level since Dec’23 Index gains 14% w-o-w as market sentiment strengthens The Baltic Dry Index (BDI) climbed 140 points (4%) d-o-d to 3,628 on 4 September, from 3,488 on 3 September, extending its rally to a third consecutive session and reaching its highest level since October 2021, nearly five…