The Baltic Dry Index (BDI) fell 1.8% to 3,445 points on September 14, 2026, marking its third consecutive decline and the lowest level since early September. The capesize segment led the downturn, while panamax and supramax rates showed more moderate moves, underscoring a mixed picture across dry bulk vessel classes.
The Baltic Dry Index, the key benchmark tracking average dry bulk charter rates across major vessel classes, slipped by 1.8% to 3,445 points on September 14, 2026, extending losses for a third consecutive session and reaching its lowest reading since September 2. Market reports indicate that the capesize index, covering large vessels typically carrying 150,000-ton cargoes of iron ore and coal, fell around 2.8% to roughly 5,900 points, while panamax rates eased by about 0.6% and supramax levels remained comparatively steadier in some lanes. At the same time, data from the Shanghai Shipping Exchange show that weekly freight rates for three major dry bulk vessel types on Far East routes continued to rise, and the Far East Dry Bulk Rental Index extended its upward trend, highlighting regional divergences within the global market.
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