Baltic Dry Index Advances for 7th Day
2026-11-12 14:59
By
Luisa Carvalho
1 min. read
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a seventh straight session on Thursday, rising by 2.1% to its highest since October 5 at 3,020 points.
Gains were broad-based across vessel segments, particularly the larger one.
The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, advanced by 2.9% to its highest since October 2 at 4,836 points.
At the same time, the supramax index increased by 1.2% to an over one-week high of 1,831 points; and the panamax index, which usually carries 60,000 to 70,000 tons of coal or grain, went up 0.7% to its highest level since October 22 at 2,117 points.