Baltic Dry Index Falls Further
The Baltic Index, measuring the price for dry bulk freight, fell by 2.2% to 3,002 points on Tuesday, its lowest since late August. The index measuring prices for capsize bulk carriers plunged by 4% to 4,638, aligned with a drop in earnings for iron ore and coal carriers. In turn, indexes measuring panamax and supramax vessels was mostly unchanged from the previous session.
2% to 3,002 points on Tuesday, its lowest since late August. The index measuring prices for capsize bulk carriers plunged by 4% to 4,638, aligned with a drop in earnings for iron ore and coal carriers. In turn, indexes measuring panamax and supramax vessels was mostly unchanged from the previous session.