Baltic index posts worst day in a month as vessel demand wanes

The Baltic Exchange’s dry bulk sea freight index (.BADI) fell for the sixth consecutive session on Thursday to mark its worst day since mid-September, as rates slipped across all vessel segments. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, fell 55 points, or about 3%, to 1,818. The capesize …

Scroll to Top