tradingkey.logo

Baltic index rises to over one-month high on gains across all vessels

ReutersSep 9, 2025 12:50 PM

- The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a more than one-month high on Tuesday, driven by higher rates across all vessel segments.

* The main index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, increased by 60 points, or 3%, to 2,079 points, its highest level since July 29.

* Meanwhile, the capesize index .BACI rose to a two-week high, adding 104 points, or 3.6%, to 3,016 points, its highest since August 26.

* Average daily earnings for capesize vessels .BATCA, which typically transport 150,000-ton cargoes such as iron ore and coal, added $867 to $25,017.

* Iron ore futures climbed for a sixth straight session, driven by mounting concerns over supply prospects from the giant Simandou project in Guinea, coupled with expectations of improving demand in top consumer China. IRONORE/

* The panamax index .BPNI gained 77 points, or 4.2%, to 1,923 points, reaching its highest since July 17.

* Average daily earnings for panamax vessels .BPWT, which usually carry 60,000-70,000 tons of coal or grain, increased by $698 to $17,311.

* Among smaller vessels, the supramax index .BSIS rose 9 points, or 0.6%, to 1,473 points.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI