The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, extended its rally for a 14th consecutive session on Wednesday, climbing 1.3% to 2,675 points — its highest level since early December 2025.
The capesize index, covering 150,000-ton cargoes such as iron ore and coal, rose 1.3% to 4,356 points, its strongest reading in more than four months. The supramax index also strengthened, gaining 2.8% to 1,484 points.
In contrast, the panamax index, which typically reflects vessels carrying 60,000 to 70,000 tons of coal or grain, declined for a second straight session, edging down 0.1% to 1,971 points.
