A chart: The Baltic Index rose, and freight rates in all ship sectors strengthened
2025-08-06 21:56:15
The latest data shows that the Baltic Dry Index (BDI) reached 1994 points on August 6, 2025, a three-day high and a 3.80% month-on-month increase (compared to the previous value), marking the largest increase since July 24, 2025. A comprehensive short-term chart shows that the BDI showed positive growth five times, negative growth six times, and zero growth zero times in the last 11 data points. Among them, the Panamax Index (BPI) was at 1643 points, up 1.11% from the previous value; the Capesize Index (BCI) was at 3187 points, up 6.02%; and the Supramax Index (BSI) was at 1300 points, up 1.64%. For the latest 720-day and 10-year charts of the Baltic Dry Index and its three sub-segments, please see the dedicated charts.
The Baltic Exchange's main ocean freight index, a measure of how much ships carry dry bulk commodities, rose on Wednesday, driven by stronger rates for all vessel types.
The main index tracking rates for Capesize, Panamax and Supramax vessels rose 73 points, or 3.8%, to 1,994. The contract fell to its lowest level since July 16 on Tuesday.
The capesize index rose 181 points, or 6%, to 3,187.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, rose $1,505 to $26,434.
Iron ore futures edged lower on concerns that demand from top consumer China will weaken in coming weeks, and some investors were closing positions and turning their attention to coking coal.
The Panamax index ended a 15-day losing streak, rising 18 points, or 1.1%, to 1,643.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose $166 to $14,791.
Among smaller vessels, the supramax index rose 21 points, or 1.6%, to 1,300, its highest level since July 23.
The Baltic Exchange's main ocean freight index, a measure of how much ships carry dry bulk commodities, rose on Wednesday, driven by stronger rates for all vessel types.
The main index tracking rates for Capesize, Panamax and Supramax vessels rose 73 points, or 3.8%, to 1,994. The contract fell to its lowest level since July 16 on Tuesday.
The capesize index rose 181 points, or 6%, to 3,187.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, rose $1,505 to $26,434.
Iron ore futures edged lower on concerns that demand from top consumer China will weaken in coming weeks, and some investors were closing positions and turning their attention to coking coal.
The Panamax index ended a 15-day losing streak, rising 18 points, or 1.1%, to 1,643.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose $166 to $14,791.
Among smaller vessels, the supramax index rose 21 points, or 1.6%, to 1,300, its highest level since July 23.
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