Baltic Dry Index reaches its highest level in nearly two weeks

Golden Ten Data Futures, May 27 — The Baltic Dry Index (BDI) reached a near two-week high, driven by strong demand across all vessel types. The BDI rose by 39 points, or 1.3%, from the previous trading day to 3,124 points, marking its highest level since May 15. The Capesize Index (BCI) increased by 78 points, or 1.5%, to 5,272 points, a two-week high. Average daily earnings for Capesize vessels rose by $712 to $44,314. The Panamax Index (BPI) climbed by 34 points, or 1.5%, to 2,292 points, its highest since May 20. Average daily earnings for Panamax vessels rose by $311 to $20,629. The Supramax Index (BSI) increased by 3 points, or 0.2%, to 1,562 points. The Handysize Index (BHSI) rose by 1 point to 844 points.