The Baltic Dry Index fell for a second day on Thursday as capesize rates
weakened. BDI dropped 89 points, or 3.04%, to 2,840 — the lowest since July 6.
The Capesize index (BCI) slid 255 points, or 5.6%, to 4,339, its lowest in over
a month; Capesize daily earnings fell $2,314 to $35,849. Capesizes (~150,000
dwt), used to carry iron ore and coal, were the main drag. The Panamax index
(BPI) eased 1 point, or 0.04%, to 2,257; Panamax daily earnings fell $9 to
$20,316. The Supramax index (BSI) rose 10 points, or 0.6%, to 1,730 — its
highest since August 2022. The Handy index (BHSI) slipped 2 Points to 904.