The Baltic Dry Index has continued to rise, supported by higher freight rates across all major dry bulk segments from Capesize to Supramax. Solid demand for raw material shipments is underpinning the dry bulk market despite iron ore price volatility and uncertainty over Chinese steel demand. This provides more favorable conditions for owners and operators but increases cost pressure for shippers.
According to specialist maritime press, the Baltic Dry Index (BDI) on September 9, 2026 rose on the back of stronger average time‑charter earnings across all main vessel classes. Reports indicate that the Panamax index is holding around 2,414 points, with average daily earnings above $21,700, while the Supramax index has also recorded moderate gains. Complementary data for the composite BDI, which aggregates Handymax, Panamax and Capesize freight benchmarks, shows the overall index at about 3,584 points, confirming a broad‑based increase in dry bulk freight rates.
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