Tag: Baltic panamax index
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Baltic Dry Index declines by over 1% d-o-d amid Capesize correction
Capesize index falls sharply by nearly 3% on weaker activity Panamax, Supramax edge higher, limiting overall decline The Baltic Dry Index (BDI) fell 47 points, or 1.35%, d-o-d to 3,426 on 25 September, from 3,473 on 24 September. The decline was driven by a sharp correction in the Capesize segment, while Panamax and Supramax posted…