Freight rates diverge: dry bulk jumps to 2,740 as containers ease and tanker war-risk unwinds

Key Takeaways The Baltic Dry Index hit 2,740 in Thursday's session before closing the week at 2,805, lifted by capesize iron ore loadings, while container rates moved lower. The Drewry World Container Index was 4,389 dollars per 40-foot container, down about 1 percent, with blank sailings on major routes cut to three. The Intra-Asia Container Index eased to 1,478 dollars after six straight record weeks near 1,518 dollars, still up about 212 percent year over year. Tanker war-risk premia eased after Tehran signalled no escalation, but a fresh strait incident keeps the threat reloadable. ISM supplier deliveries slowed in October on both sides of the 54.5 services and 55.5 manufacturing prints,…