The Baltic Dry Index declined as earnings for the largest dry-bulk vessels softened, while the Ultramax and Supramax segments remained comparatively resilient.
The Baltic Dry Index fell 1.23% to 2,628 as earnings for Capesize and Panamax vessels weakened. Average Capesize earnings dropped by $585 per day to $30,292, while Panamax earnings declined by $309 to $18,672 per day.
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