Baltic Dry Bulk Freight Index rises for the third consecutive day, with Capesize ship freight rates climbing to a three-week high

NightAirdropper · 2026-03-28T02:47:35+00:00

The Baltic Dry Bulk Freight Index rose for the third consecutive day due to record-high Capesize ship freight rates. However, overall this week, it declined by 1.2%. Profits for Capesize ships increased significantly, while Panamax ship freight rates and daily profits declined.

NightAirdropper

2026-03-28 02:47:35

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Gelonghui March 27 | The Baltic Dry Index rose for a third consecutive trading day, driven by an increase in the Capesize freight index to its highest level in more than three weeks. The Baltic Dry Index rose 17 points, or 0.84%, to 2031 points from the previous trading day, but the index fell 1.2% for the week so far. The Capesize freight index increased by 58 points, or about 2%, to 3032 points, the highest level since March 4. Daily earnings for Capesize ships rose by $523 to $23,994, the highest level in more than three weeks. The Panamax freight index fell 14 points, or 0.8%, to 1756 points, the lowest level in six weeks. Daily earnings for Panamax ships decreased by $131 to $15,800. The Supramax freight index rose 1 point, or 0.1%, to 1206 points.

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