Shipping

Dry-bulk freight rates fall to their lowest level in more than a month

29 September 2026
2 sources

The Baltic Dry Index fell 2.05% on September 30 as Capesize and Panamax earnings weakened. The decline points to softer short-term conditions in the dry-bulk market, although the broader quarterly trend remains positive.

On September 30, 2026, the Baltic Dry Index fell by 65 points, or 2.05%, to 3,113, its lowest level since August 27. The Capesize index dropped 175 points, or 3.43%, to 4,928, while average daily Capesize earnings declined by $1,584 to $41,191. Panamax rates also weakened, while the Supramax index was unchanged.

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