The Baltic Dry Index climbed by 174 points to 3,331 on September 2, 2026, reflecting stronger demand for iron ore and coal shipments and higher spot charter rates for Capesize and Panamax bulk carriers.
The Baltic Dry Index (BDI), which tracks average dry bulk freight rates across major global routes, rose by 174 points to reach 3,331 on September 2, 2026, marking one of the highest readings in recent months. Industry market data show that just a day earlier the index was around 3,157, before advancing by roughly 5.5%, underscoring a broad‑based firming of the dry bulk charter market. The BDI is compiled by the London‑based Baltic Exchange using daily assessments of time‑charter equivalent and voyage rates for Capesize, Panamax and Supramax vessels on benchmark routes.
Source:
tradingeconomics.comShare this article
Related news
VLCC rates retreat from record levels but remain historically high
VLCC freight rates have eased after a sharp surge, yet they remain close to yearly highs as Gulf-related risks and constrained vessel availability continue to support tanker earnings.
SCFI Raises 40-Foot Container Weighting as European Rates Strengthen
The Shanghai Containerized Freight Index has adopted a revised methodology that lifts the weighting of 40-foot container rates to 55%. The change comes as European and Mediterranean freight rates rise while several US-bound lanes soften.
Carriers Raise Selected Rates and Add Surcharges on Americas and Africa Trades
CMA CGM raised an Asia–South America rate, while Maersk announced a peak-season surcharge for cargo moving from South America to the US and Canada.