One chart: The Baltic Dry Index rises to a more than four-month high, with increases across all ship types.
2026-04-17 23:01:27

The Baltic Dry Index (which monitors freight rates for vessels transporting dry bulk commodities) surged to its highest level in more than four months on Friday and recorded a weekly gain, as freight rates rose across all vessels.
The Baltic Dry Index, which tracks freight rates for Capesize, Panamax, and Supramax vessels, rose 44 points, or 1.7%, to 2,567, its highest level since early December 2025.
The index rose for the eleventh consecutive trading day, accumulating a 16.6% gain this week, marking its largest weekly increase since the end of January.
The Capesize bulk carrier index rose 102 points, or about 2.5%, to 4,128 points, a new high in more than four months. The index rose 24.4% for the week.
The average daily revenue of Capesize vessels carrying 150,000 tons of cargo (including iron ore and coal) rose by $920 to $33,932.
On Friday, iron ore futures prices in Dalian rose slightly.
"The freight market shows strong demand for Capesize bulk carriers in the Pacific region," Kpler said in a report on Wednesday.
The Panamax index rose 5 points, or about 0.3%, to 1,975, its highest level since early March, and recorded a weekly gain of 6.5%.
The average daily earnings of Panamax vessels (typically carrying 60,000 to 70,000 tons of coal or grain) increased by $43 to $17,773.
The Supramax bulk carrier index rose 17 points, or 1.2%, to 1415. The index has risen 8.2% this week.
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