A chart: The Baltic Shipping Index fell to a near one-month low due to falling demand for Capesize ships
2025-07-01 21:29:24

The Baltic Exchange's main sea freight index fell for a fifth straight session on Tuesday to hit a near one-month low as demand for Capesize vessels slumped.
The main index fell 31 points, or 2.1%, to 1,458, its lowest level since June 3.
The capesize index fell 100 points, or 4.7%, to 2,011, its lowest level since May 28.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, fell $833 to $16,677.
Iron ore futures fell.
The Panamax index was unchanged at 1,500 points.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, fell $4 to $13,498.
Among smaller vessels, the supramax index rose 6 points to 1,018.
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