A chart: Baltic Index continues to rise, large ship freight rates rise
2025-09-10 22:04:44
The latest data shows that the Baltic Dry Index (BDI) reached 2112 points on September 10, 2025, reaching a new high since July 28, 2025. It rose 1.59% month-on-month (compared to the previous value) and marked the fifth consecutive day of increases (including zero increases). 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 1975 points, up 2.70% from the previous value; the Capesize Index (BCI) was at 3071 points, up 1.82%; and the Supramax Index (BSI) was at 1478 points, up 0.34%. 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 dry bulk shipping index, which monitors freight rates for ships transporting dry bulk commodities, hit a more than one-month high on Wednesday, driven by rising rates for Capesize and Panamax vessels.
The main index, which measures rates for Capesize, Panamax and Supramax vessels, rose 33 points, or 1.6%, to 2,112, its highest level since July 28.
Meanwhile, the Capesize index rose to its highest point in more than three weeks, rising 55 points, or 1.8%, to 3,071, its highest level since August 18.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, rose by $448 to $25,465.
Iron ore futures fell on Wednesday, affected by some profit-taking.
The Panamax index rose 52 points, or 2.7%, to 1,975, reaching its highest level since July 15.
Average daily earnings for Panamax vessels, which typically carry 60,000 to 70,000 tonnes of coal or grain, increased by $467 to $17,778.
Among smaller vessels, the supramax index rose 5 points, or 0.3%, to 1,478.
The Baltic Exchange's dry bulk shipping index, which monitors freight rates for ships transporting dry bulk commodities, hit a more than one-month high on Wednesday, driven by rising rates for Capesize and Panamax vessels.
The main index, which measures rates for Capesize, Panamax and Supramax vessels, rose 33 points, or 1.6%, to 2,112, its highest level since July 28.
Meanwhile, the Capesize index rose to its highest point in more than three weeks, rising 55 points, or 1.8%, to 3,071, its highest level since August 18.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, rose by $448 to $25,465.
Iron ore futures fell on Wednesday, affected by some profit-taking.
The Panamax index rose 52 points, or 2.7%, to 1,975, reaching its highest level since July 15.
Average daily earnings for Panamax vessels, which typically carry 60,000 to 70,000 tonnes of coal or grain, increased by $467 to $17,778.
Among smaller vessels, the supramax index rose 5 points, or 0.3%, to 1,478.
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