Baltic Dry Index

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, eased for the sixth successive session on Wednesday, falling about 4.6% to a fresh low since September 2023 at 1,180 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, dropped 183 points to its lowest since mid-September 2023 at 1,609 points, weighing on the main index. Meanwhile, the panamax index, which usually carries 60,000-70,000 tons o...