Capesize Owners Are Earning $52,457 a Day, the Best Since December
The Baltic Dry Index closed at 3,473 points on Wednesday 24 September, up 1.3 percent on the day, and the capesize segment underneath it is earning more than at any point since early December 2025. Capesize owners pulled a $52,457 timecharter average out of Week 39, and the trans-Atlantic route assessment touched $62,938 a day before easing back, its strongest level since December. For a cargo class the desk has mostly left alone while container rates flatlined, dry bulk is now the loudest freight story of the month, and it is built on iron ore moving farther, not more.
Key Takeaways The Baltic Dry Index closed at 3,473 points on 24 September 2026, up 1.3 percent on the day, with capesize at…
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