A chart: The Baltic Index rose to a near two-month high on strong capesize rates
2025-09-18 21:48:47
The latest data shows that the Baltic Dry Index (BDI) reached 2205 points on September 18, 2025, reaching a new high since July 28, 2025. It rose 1.15% 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 10 times, negative growth once, and zero growth at any time in the last 11 days. The Panamax Index (BPI) was at 1881 points, down 2.18% from the previous value; the Capesize Index (BCI) was at 3411 points, up 2.43%; and the Supramax Index (BSI) was flat at 1492 points. 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, which monitors freight rates for ships transporting dry bulk commodities, rose to a near two-month high on Thursday, supported by rising capesize rates.
The main index measuring freight rates for Capesize, Panamax and Supramax vessels rose 25 points, or 1.2%, to 2,205, its highest level since July 28.
The Capesize index also rose to a nearly two-month high, rising 111 points, or 3.4%, to 3,411, its highest level since July 29.
Average daily earnings for capesize vessels, which typically carry 150,000-tonne cargoes such as iron ore and coal, rose by $922 to $28,288.
Iron ore futures prices fell slightly on Thursday.
Meanwhile, the Panamax index fell to its lowest point in more than a week, falling 42 points, or 2.2%, to 1,881, its lowest level since September 8.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, fell $380 to $16,928.
Among smaller vessels, the Supramax Index remained unchanged at 1,492 points.
The Baltic Exchange's main sea freight index, which monitors freight rates for ships transporting dry bulk commodities, rose to a near two-month high on Thursday, supported by rising capesize rates.
The main index measuring freight rates for Capesize, Panamax and Supramax vessels rose 25 points, or 1.2%, to 2,205, its highest level since July 28.
The Capesize index also rose to a nearly two-month high, rising 111 points, or 3.4%, to 3,411, its highest level since July 29.
Average daily earnings for capesize vessels, which typically carry 150,000-tonne cargoes such as iron ore and coal, rose by $922 to $28,288.
Iron ore futures prices fell slightly on Thursday.
Meanwhile, the Panamax index fell to its lowest point in more than a week, falling 42 points, or 2.2%, to 1,881, its lowest level since September 8.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, fell $380 to $16,928.
Among smaller vessels, the Supramax Index remained unchanged at 1,492 points.
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