Shipping

Capesize and Panamax gains lift Baltic Dry Index to one-month high

8 November 2026
2 sources

The Baltic Dry Index rose 1.8% to 2,854 points, supported by stronger Capesize and Panamax earnings.

The Baltic Dry Index increased by 49 points, or 1.8%, to 2,854, its highest level since October 9. The advance was driven by the Capesize and Panamax segments, while Supramax rates fell to their lowest level since early October. Average daily earnings for Panamax vessels rose by about $300 to $18,330.

Source:

skai.gr

Share this article

Related news

Shipping
8 Nov

CMA CGM adds war-risk surcharge to Black Sea container shipments

CMA CGM introduced a $35-per-TEU war-risk surcharge from November 9 for cargo moving to and from Black Sea countries, including services via Constanta, Varna, Burgas and Poti.

2 sources
Shipping
7 Nov

China Delivers Its Second Homebuilt Large Cruise Ship

Shanghai Waigaoqiao Shipbuilding has delivered Adora Flora City, China’s second domestically built large cruise ship. The delivery marks a shift from a single pioneering vessel toward series production.

3 sources
Shipping
6 Nov

Tanker fleet growth threatens the durability of the freight-rate boom

Exceptionally strong tanker rates have lifted vessel values, but accelerating fleet growth could limit how long the current boom lasts.

2 sources