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Tag: Baltic panamax index

  • Baltic Dry Index extends d-o-d rally, reaches three-month high

    Baltic Dry Index extends d-o-d rally, reaches three-month high

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    by

    Nikita Shukla
    in

    Capesize leads broad-based gains as freight momentum strengthens Panamax continues recovery, while Supramax remains largely stable The Baltic Dry Index (BDI) strengthened further on 28 August, rising by 130 points (4.3%) to 3,186, from 3,056 on 26 August. The index reached its highest level since 2 June, signalling a significant improvement in dry bulk freight…