According to an article published in Seeking Alpha, the Baltic Dry Index fell 4.68% to 1,221 points in London on a drop across several different types of rates.
Panamax rates tumble
Panamax rates were down 5.74% and capesize rates fell 5.26% to lead the index lower. Supramax rates dropped 2.05% and Handysize rates slipped 0.28%.
The BDI has now retreated for eleven days in a row. The shipping index has ranged from 595 points to 2,518 points over the last 52 weeks.
Related stocks
- Diana Shipping (NYSE:DSX)
- DryShips (NASDAQ:DRYS)
- Eagle Bulk Shipping (NASDAQ:EGLE)
- Navios Maritime Holdings (NYSE:NM)
- Navios Maritime Partners (NYSE:NMM)
- Globus Maritime Limited (NASDAQ:GLBS)
- Safe Bulkers (NYSE:SB)
- Scorpio Bulkers (NYSE:SALT)
- Star Bulk Carriers (NASDAQ:SBLK)
- Golden Ocean Group Limited (NASDAQ:GOGL)
- Seanergy Maritime (NASDAQ:SHIP)
- EuroDry (NASDAQ:EDRY)
- Genco Shipping & Trading (NYSE:GNK).
- Related ETFs: Invesco Shipping ETF (NYSEARCA:SEA)
- Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY).
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Source: SeekingAlpha
