The Baltic Shipping Index fell to a one-week low as freight rates fell across all routes.
2025-07-29 21:50:09
The latest data shows that the Baltic Dry Index (BDI) closed at 2109 points on July 29, 2025, a five-day low and down 5.26% month-on-month (from the previous value). This marked the largest drop since June 26, 2025, and the third consecutive day of decline (including zero growth). A comprehensive short-term chart shows that the BDI showed positive growth seven times, negative growth four times, and zero growth zero times in the last 11 data points. The Panamax Index (BPI) was at 1741 points, down 3.17% from the previous value; the Capesize Index (BCI) was at 3476 points, down 7.90%; and the Supramax Index (BSI) was at 1281 points, down 0.62%. For the latest 720-day and 10-year charts of the Baltic Dry Index and its three major sub-segments, please see the dedicated charts.
The Baltic Exchange's main sea freight index, a measure of freight rates for ships carrying dry bulk commodities, fell to its lowest level in a week on Tuesday, hurt by weak demand across all vessel segments.
The main index tracking freight rates for Capesize, Panamax and Supramax vessels fell 117 points, or 5.3%, to 2,109, its lowest level since July 22.
The capesize index fell 298 points, or 7.9%, to 3,476, its lowest level in a week.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargo such as iron ore and coal, fell by $2,466 to $28,830.
Iron ore futures surged well above the psychologically crucial $100 a tonne on Tuesday as investors watched the resumption of trade talks between China and the United States for signs of progress.
The panamax index fell 57 points, or 3.2%, to 1,741, its lowest level since July 10.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, fell $509 to $15,671.
Among smaller vessels, the supramax index fell 8 points, or 0.6%, to 1,281.
The Baltic Exchange's main sea freight index, a measure of freight rates for ships carrying dry bulk commodities, fell to its lowest level in a week on Tuesday, hurt by weak demand across all vessel segments.
The main index tracking freight rates for Capesize, Panamax and Supramax vessels fell 117 points, or 5.3%, to 2,109, its lowest level since July 22.
The capesize index fell 298 points, or 7.9%, to 3,476, its lowest level in a week.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargo such as iron ore and coal, fell by $2,466 to $28,830.
Iron ore futures surged well above the psychologically crucial $100 a tonne on Tuesday as investors watched the resumption of trade talks between China and the United States for signs of progress.
The panamax index fell 57 points, or 3.2%, to 1,741, its lowest level since July 10.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, fell $509 to $15,671.
Among smaller vessels, the supramax index fell 8 points, or 0.6%, to 1,281.
- Risk Warning and Disclaimer
- The market involves risk, and trading may not be suitable for all investors. This article is for reference only and does not constitute personal investment advice, nor does it take into account certain users’ specific investment objectives, financial situation, or other needs. Any investment decisions made based on this information are at your own risk.
