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

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.