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Balticcrashtime3The Sea Dry Freight Index stopped rising for six consecutive days [The Baltic Dry Freight Index (BDI) ended its six consecutive trading days of rising momentum on May 9crashtime3, mainly affected by the decline in the capesize freight index.]

On May 9, the Baltic Dry Freight Index (BDI) fell 37 points or 1.crashtime3.7%, closing at 2166 points. At the same time, the capesize freight index fell sharply by 136 points or 3.crashtime3.8%, closing at 3405 points. Affected by this, the average daily profit of capesize ships decreased by US$1127 to US$28238.

Although the capesize freight index fell, the Panamasize freight index rose slightly by 15 points, or 0.8%, to 2020. The average daily profit of Panamax ships increased by US$136 to US$18180.

In addition, the ultra-flexible bulk carrier freight index also recorded a slight increase, rising 11 points or 1.1% to 1488 points.