A chart: The Baltic Dry Index rose as freight rates for all types of ships rose
2025-07-10 22:11:13

The Baltic Exchange's main sea freight index, which tracks freight rates for ships carrying dry bulk commodities, rose on Thursday as rates for all vessel classes increased.
The main index tracking freight rates for capesize, panamax and supramax vessels rose 42 points, or 3%, to 1,465.
The Capesize index rose 10 points, or 0.6%, to 1,664. The contract snapped a 17-session losing streak.
Average daily earnings for capesize vessels, which typically carry 150,000 tonnes of cargoes such as iron ore and coal, rose $84 to $13,799.
Iron ore futures rose for a third straight session, hitting multi-month highs, as expectations of a new round of reforms to rein in steel supply and more stimulus from top steel consumer China boosted sentiment.
The Panamax index rose 102 points, or 6.3%, to 1,723, its highest level since July 31 last year.
Average daily earnings for Panamax vessels, which typically carry 60,000 to 70,000 tonnes of coal or grain, rose $917 to $15,507.
Among smaller vessels, the supramax index rose 31 points, or 2.7%, to 1,182.
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