The Baltic Dry Index Rose for the Fourth Consecutive Month

Published: Jun 1, 2022 09:49

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SHANGHAI, Jun 1 (SMM) - The Baltic Dry Index rose for the fourth straight month, but posted a sixth straight day of declines, up 6.7% in May.

SHANGHAI, Jun 1 (SMM) - The Baltic Dry Index rose for the fourth straight month, but posted a sixth straight day of declines, up 6.7% in May. The capesize index rose 24.9% in May. The average daily earnings for capesize vessels rose $610 to $22,126. The panamax index fell 2.2% in May. The average daily earnings for panamax vessels fell $633 to $25,860. The Supramax index rose 0.3% in May.

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