The Baltic Dry Index rose to a one-month high on Tuesday, with rates for Capesize and Panamax vessels increasing. The Baltic Dry Index rose by 13 points, or 0.7%, to 1961 points, its highest level since May 14. The Capesize Index rose by 28 points, or 0.9%, to 2966 points. Capesize vessels saw a daily profit increase of $233 to $24596. The Panamax Index fell by 6 points, or about 0.3%, to 1954 points. Panamax vessels saw a daily profit decrease of $52 to $17585. The Supramax Index rose by 16 points, or 1.1%, to 1362 points. The Handysize Index rose by 9 points to 725 points.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Baltic Dry Index touched a more than one-month high
The Baltic Dry Index rose to a one-month high on Tuesday, with rates for Capesize and Panamax vessels increasing. The Baltic Dry Index rose by 13 points, or 0.7%, to 1961 points, its highest level since May 14. The Capesize Index rose by 28 points, or 0.9%, to 2966 points. Capesize vessels saw a daily profit increase of $233 to $24596. The Panamax Index fell by 6 points, or about 0.3%, to 1954 points. Panamax vessels saw a daily profit decrease of $52 to $17585. The Supramax Index rose by 16 points, or 1.1%, to 1362 points. The Handysize Index rose by 9 points to 725 points.