Driven by the freight rates of Capesize and Panamax vessels, the Baltic Dry Index continues to rise slightly.

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Jin10 data reports on October 7th that supported by the rise in freight rates for Capesize and Panamax vessels, the Baltic Dry Index saw a slight increase on Tuesday. The Baltic Dry Index rose by 15 points, or 0.78%, to 1,947 points. The Capesize freight index increased by 57 points to 2,885 points. The average daily profit for Capesize vessels increased by $474 to $23,927. The Panamax freight index ended a 7-day decline, rising by 11 points to 1,665 points. The average daily profit for Panamax vessels increased by $102 to $14,988. The Supramax freight index fell by 18 points to 1,425 points, a new low since August 22.

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