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Baltic Dry Index Jumps to 2023-Highs

The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, surged by 5.5% by 3,331 points on Wednesday, reaching its highest since December 2023. Gains were broad-based, led by the larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, jumped 8.1% to ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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