April 2026

Back to Baltic Dry Index

30-April-2026

The Baltic Dry Index (BDI) increased by 16 points to reach 2,686 points. The Baltic Capesize Index (BCI) increased by 44 points to 4,327 points, with average daily earnings for capesize bulk carriers increased by $401 to $35,741. The Baltic Panamax Index (BPI) increased by 13 points to 1,992 points, while average daily income for panamax bulk increased by $116 to $17,930. The Baltic Supramax Index (BSI) decreased by 9 points to 1,525 points, with average daily earnings for supramax bulk carriers decreased by $113 to $19,278. The Baltic Handysize Index (BHSI) increased by 3 points to 814 points, as average daily earnings for handysize bulk carriers increased by $59 to $14,656 per day.

 

 

 

29-April-2026

The Baltic Dry Index (BDI) decreased by 7 points to reach 2,670 points. The Baltic Capesize Index (BCI) decreased by 21 points to 4,283 points, with average daily earnings for capesize bulk carriers decreased by $196 to $35,340. The Baltic Panamax Index (BPI) increased by 13 points to 1,979 points, while average daily income for panamax bulk increased by $119 to $17,814. The Baltic Supramax Index (BSI) decreased by 8 points to 1,534 points, with average daily earnings for supramax bulk carriers decreased by $96 to $19,391. The Baltic Handysize Index (BHSI) increased by 7 points to 811 points, as average daily earnings for handysize bulk carriers increased by $130 to $14,597 per day.

 

 

 

28-April-2026

The Baltic Dry Index (BDI) increased by 11 points to reach 2,677 points. The Baltic Capesize Index (BCI) increased by 22 points to 4,304 points, with average daily earnings for capesize bulk carriers increased by $202 to $35,536. The Baltic Panamax Index (BPI) increased by 9 points to 1,966 points, while average daily income for panamax bulk increased by $78 to $17,695. The Baltic Supramax Index (BSI) increased by 2 points to 1,542 points, with average daily earnings for supramax bulk carriers increased by $19 to $19,487. The Baltic Handysize Index (BHSI) increased by 2 points to 804 points, as average daily earnings for handysize bulk carriers increased by $39 to $14,467 per day.

 

 

 

27-April-2026

The Baltic Dry Index (BDI) increased by 1 point to reach 2,666 points. The Baltic Capesize Index (BCI) stayed at 4,282 points, with average daily earnings for capesize bulk carriers increased by $1 to $35,334. The Baltic Panamax Index (BPI) decreased by 3 points to 1,957 points, while average daily income for panamax bulk decreased by $21 to $17,617. The Baltic Supramax Index (BSI) increased by 5 points to 1,540 points, with average daily earnings for supramax bulk carriers increased by $65 to $19,468. The Baltic Handysize Index (BHSI) increased by 5 points to 802 points, as average daily earnings for handysize bulk carriers increased by $74 to $14,428 per day.

 

 

27-April-2026

Capesize Bulk Carrier Market – Baltic Capesize Index (BCI)

The capesize bulk carrier market started the week with a strong advance, as the BCI Baltic Capesize Index (BCI) 182 5TC briefly approached $39,000, largely driven by firmer Atlantic basin sentiment. The initial rise was supported by a solid Baltic Capesize Index (BCI) C3 market and a shorter list of capesize bulk carrier ballasters, particularly for May loading windows, while capesize bulk carrier fronthaul business added further strength. However, the early upward movement became increasingly difficult to preserve. A clear split developed between the Atlantic and Pacific basins, with the Pacific capesize bulk carrier market weakening as BCI Baltic Capesize Index (BCI) C5 capesize bulk carrier charter rates eased from around $13.50 toward $13, even though miners continued to participate at a steady but measured pace. This softer tone in the Pacific capesize bulk carrier market eventually reduced the impact of the Atlantic capesize bulk carrier market’s stronger position. The Atlantic capesize bulk carrier market, by comparison, kept a firmer undertone for much of the week, helped by selective but important capesize bulk carrier fixtures on transatlantic and fronthaul routes. Even so, capesize bulk carrier market activity was irregular, and by the closing stages of the week, the Atlantic capesize bulk carrier market also began to lose upward momentum.

Panamax Bulk Carrier Market – Baltic Panamax Index (BPI)

The panamax bulk carrier market delivered a muted and uneven performance, with limited panamax bulk carrier fixture activity early in the week and a growing supply of panamax bulk carrier tonnage weighing on confidence. In the Atlantic panamax bulk carrier market, the previous week’s firmer charter rate tone gradually weakened as the week unfolded, pressured by increased panamax bulk carrier availability and softer transatlantic grain demand. Although mineral stems and North Coast South American (NCSA) cargo flows remained reasonably steady, panamax bulk carrier charter rates continued to ease, with routes such as the Baltic Panamax Index (BPI) P1A moving lower. The Asian panamax bulk carrier market, however, showed greater stability, supported by consistent cargo volumes from Australia, Indonesia, and the North Pacific (NOPAC), as well as tighter prompt panamax bulk carrier tonnage. This stronger regional demand helped keep panamax bulk carrier charter rates firmer in Asia. Over the week, the Baltic Panamax Index (BPI) P5TC declined from $17,785 to $17,638.

Ultramax / Supramax Bulk Carrier Market – Baltic Supramax Index (BSI)

The ultramax and supramax bulk carrier market enjoyed a constructive week, with shipowners maintaining a stronger negotiating position in several regions. In the Atlantic ultramax and supramax bulk carrier market, good demand from the US Gulf (USG) for transatlantic employment supported sentiment, with 62K DWT ultramax bulk carrier open US Gulf (USG) to Turkiye fixed at around $33,000. The East Coast South America (ECSA) ultramax and supramax bulk carrier market also produced steady enquiry, allowing ultramax and supramax bulk carrier charter rates to remain relatively firm, with 63K DWT ultramax bulk carrier open Argentina to Japan fixed at around $17,500 plus $750,000 BB (Ballast Bonus). The Continent ultramax and supramax bulk carrier market saw a modest increase in interest toward the end of the week, with 62K DWT ultramax bulk carrier open UK to Turkiye fixed at around $19,500. In Asia, fresh tonnage availability remained constrained in the ultramax and supramax bulk carrier market, while improved enquiry levels kept ultramax and supramax bulk carrier market charter rates well supported. 63K DWT ultramax bulk carrier open Vietnam to ARAG fixed at around $18,000. 63K DWT ultramax bulk carrier open Indonesia to West Coast India (WCI) fixed at around $31,000. Period demand was also active in the ultramax and supramax bulk carrier market, with 63K DWT ultramax bulk carrier open Japan fixed at around $22,000 for minimum 5-7 months trading with clean cargo.

Handysize Bulk Carrier Market – Baltic Handysize Index (BHSI)

The handysize bulk carrier market moved steadily higher over the week, with sentiment improving each day despite a relatively small number of reported handysize bulk carrier fixtures. In the Atlantic handysize bulk carrier market, strength was led mainly by the US Gulf (USG) and East Coast South America (ECSA), where limited prompt tonnage for April 2026 helped support firmer handysize bulk carrier charter rates. 39K DWT handysize bulk carrier open Mexico East Coast to US East Coast fixed at around $17,000. 39K DWT handysize bulk carrier open West Africa (WAFR) via Argentina to Peru fixed at around $28,500. The Continent and Mediterranean handysize bulk carrier market, meanwhile, remained mostly steady, with quiet activity and only marginal improvements in handysize bulk carrier market charter rates. 38K DWT handysize bulk carrier open South Spain via Morocco to West Africa (WAFT) fixed at around $14,000. In the Asia handysize bulk carrier market, sentiment gathered pace throughout the week. A shortage of prompt handysize bulk carrier market tonnage in the north, together with stronger enquiry from both northern and southern areas, lifted handysize bulk carrier market charter rates. Shipowners gained additional leverage, encouraging charterers to raise their charter rate expectations. Handysize bulk carrier market activity remained healthy, while some period interest was also reported. 38K DWT handysize bulk carrier open South Korea to Southeast Asia (SEA) fixed at around $16,000.

 

 

 

24-April-2026

The Baltic Dry Index (BDI) decreased by 8 points to reach 2,665 points. The Baltic Capesize Index (BCI) decreased by 33 to 4,282 points, with average daily earnings for capesize bulk carriers decreased by $301 to $35,333. The Baltic Panamax Index (BPI) decreased by 5 points to 1,960 points, while average daily income for panamax bulk decreased by $44 to $17,638. The Baltic Supramax Index (BSI) increased by 13 points to 1,535 points, with average daily earnings for supramax bulk carriers increased by $162 to $19,403. The Baltic Handysize Index (BHSI) increased by 6 points to 797 points, as average daily earnings for handysize bulk carriers increased by $119 to $14,354 per day.

 

 

 

23-April-2026

The Baltic Dry Index (BDI) decreased by 2 points to reach 2,673 points. The Baltic Capesize Index (BCI) decreased by 41 to 4,315 points, with average daily earnings for capesize bulk carriers decreased by $368 to $35,634. The Baltic Panamax Index (BPI) decreased by 6 points to 1,965 points, while average daily income for panamax bulk decreased by $62 to $17,682. The Baltic Supramax Index (BSI) increased by 38 points to 1,522 points, with average daily earnings for supramax bulk carriers increased by $481 to $19,241. The Baltic Handysize Index (BHSI) increased by 10 points to 791 points, as average daily earnings for handysize bulk carriers increased by $185 to $14,235 per day.

 

 

 

22-April-2026

The Baltic Dry Index (BDI) increased by 35 points to reach 2,675 points. The Baltic Capesize Index (BCI) increased by 56 to 4,356 points, with average daily earnings for capesize bulk carriers increased by $507 to $36,002. The Baltic Panamax Index (BPI) decreased by 2 points to 1,971 points, while average daily income for panamax bulk decreased by $14 to $17,744. The Baltic Supramax Index (BSI) increased by 41 points to 1,484 points, with average daily earnings for supramax bulk carriers increased by $520 to $18,760. The Baltic Handysize Index (BHSI) increased by 12 points to 781 points, as average daily earnings for handysize bulk carriers increased by $206 to $14,050 per day.

 

 

 

21-April-2026

The Baltic Dry Index (BDI) increased by 7 points to reach 2,640 points. The Baltic Capesize Index (BCI) stayed at 4,300 points, with average daily earnings for capesize bulk carriers decreased by $1 to $35,495. The Baltic Panamax Index (BPI) decreased by 3 points to 1,973 points, while average daily income for panamax bulk decreased by $27 to $17,758. The Baltic Supramax Index (BSI) increased by 21 points to 1,443 points, with average daily earnings for supramax bulk carriers increased by $270 to $18,240. The Baltic Handysize Index (BHSI) increased by 15 points to 769 points, as average daily earnings for handysize bulk carriers increased by $273 to $13,844 per day.

 

 

 

20-April-2026

The Baltic Dry Index (BDI) increased by 66 points to reach 2,633 points. The Baltic Capesize Index (BCI) increased by 172 points to 4,300 points, with average daily earnings for capesize bulk carriers increased by $1,564 to $35,496. The Baltic Panamax Index (BPI) increased by 1 point to 1,976 points, while average daily income for panamax bulk increased by $12 to $17,785. The Baltic Supramax Index (BSI) increased by 7 points to 1,422 points, with average daily earnings for supramax bulk carriers increased by $84 to $17,970. The Baltic Handysize Index (BHSI) increased by 13 points to 754 points, as average daily earnings for handysize bulk carriers increased by $234 to $13,571 per day.

 

 

 

17-April-2026

The Baltic Dry Index (BDI) increased by 44 points to reach 2,567 points. The Baltic Capesize Index (BCI) increased by 102 points to 4,128 points, with average daily earnings for capesize bulk carriers increased by $920 to $33,932. The Baltic Panamax Index (BPI) increased by 5 points to 1,975 points, while average daily income for panamax bulk increased by $43 to $17,773. The Baltic Supramax Index (BSI) increased by 17 points to 1,415 points, with average daily earnings for supramax bulk carriers increased by $217 to $17,886. The Baltic Handysize Index (BHSI) increased by 11 points to 741 points, as average daily earnings for handysize bulk carriers increased by $194 to $13,337 per day.

 

 

 

16-April-2026

The Baltic Dry Index (BDI) increased by 39 points to reach 2,523 points. The Baltic Capesize Index (BCI) increased by 62 points to 4,026 points, with average daily earnings for capesize bulk carriers increased by $562 to $33,012. The Baltic Panamax Index (BPI) increased by 22 points to 1,970 points, while average daily income for panamax bulk increased by $202 to $17,730. The Baltic Supramax Index (BSI) increased by 27 points to 1,398 points, with average daily earnings for supramax bulk carriers increased by $339 to $17,669. The Baltic Handysize Index (BHSI) increased by 15 points to 730 points, as average daily earnings for handysize bulk carriers increased by $268 to $13,143 per day.

 

 

 

15-April-2026

The Baltic Dry Index (BDI) increased by 130 points to reach 2,484 points. The Baltic Capesize Index (BCI) increased by 293 points to 3,964 points, with average daily earnings for capesize bulk carriers increased by $2,658 to $32,450. The Baltic Panamax Index (BPI) increased by 48 points to 1,948 points, while average daily income for panamax bulk increased by $427 to $17,528. The Baltic Supramax Index (BSI) increased by 27 points to 1,371 points, with average daily earnings for supramax bulk carriers increased by $342 to $17,330. The Baltic Handysize Index (BHSI) increased by 9 points to 715 points, as average daily earnings for handysize bulk carriers increased by $167 to $12,875 per day.

 

 

 

14-April-2026

The Baltic Dry Index (BDI) increased by 104 points to reach 2,354 points. The Baltic Capesize Index (BCI) increased by 234 points to 3,671 points, with average daily earnings for capesize bulk carriers increased by $2,125 to $29,792. The Baltic Panamax Index (BPI) increased by 38 points to 1,900 points, while average daily income for panamax bulk increased by $344 to $17,101. The Baltic Supramax Index (BSI) increased by 24 points to 1,344 points, with average daily earnings for supramax bulk carriers increased by $307 to $16,988. The Baltic Handysize Index (BHSI) increased by 5 points to 706 points, as average daily earnings for handysize bulk carriers increased by $82 to $12,708 per day.

 

 

 

13-April-2026

The Baltic Dry Index (BDI) increased by 49 points to reach 2,250 points. The Baltic Capesize Index (BCI) increased by 119 points to 3,437 points, with average daily earnings for capesize bulk carriers increased by $1,082 to $27,667. The Baltic Panamax Index (BPI) increased by 7 points to 1,862 points, while average daily income for panamax bulk increased by $61 to $16,757. The Baltic Supramax Index (BSI) increased by 12 points to 1,320 points, with average daily earnings for supramax bulk carriers increased by $143 to $16,681. The Baltic Handysize Index (BHSI) increased by 2 points to 701 points, as average daily earnings for handysize bulk carriers increased by $53 to $12,626 per day.

 

 

 

10-April-2026

The Baltic Dry Index (BDI) increased by 40 points to reach 2,201 points. The Baltic Capesize Index (BCI) increased by 83 points to 3,318 points, with average daily earnings for capesize bulk carriers increased by $750 to $26,585. The Baltic Panamax Index (BPI) increased by 13 points to 1,855 points, while average daily income for panamax bulk increased by $114 to $16,696. The Baltic Supramax Index (BSI) increased by 15 points to 1,308 points, with average daily earnings for supramax bulk carriers increased by $194 to $16,538. The Baltic Handysize Index (BHSI) increased by 5 points to 699 points, as average daily earnings for handysize bulk carriers increased by $79 to $12,573 per day.

 

 

 

9-April-2026

The Baltic Dry Index (BDI) increased by 22 points to reach 2,161 points. The Baltic Capesize Index (BCI) increased by 15 points to 3,235 points, with average daily earnings for capesize bulk carriers increased by $133 to $25,835. The Baltic Panamax Index (BPI) increased by 19 points to 1,842 points, while average daily income for panamax bulk increased by $173 to $16,582. The Baltic Supramax Index (BSI) increased by 32 points to 1,293 points, with average daily earnings for supramax bulk carriers increased by $403 to $16,344. The Baltic Handysize Index (BHSI) decreased by 2 points to 694 points, as average daily earnings for handysize bulk carriers increased by $42 to $12,494 per day.

 

 

 

8-April-2026

The Baltic Dry Index (BDI) increased by 44 points to reach 2,139 points. The Baltic Capesize Index (BCI) increased by 72 points to 3,220 points, with average daily earnings for capesize bulk carriers increased by $657 to $25,702. The Baltic Panamax Index (BPI) increased by 21 points to 1,823 points, while average daily income for panamax bulk increased by $189 to $16,409. The Baltic Supramax Index (BSI) increased by 30 points to 1,261 points, with average daily earnings for supramax bulk carriers increased by $377 to $15,941. The Baltic Handysize Index (BHSI) decreased by 2 points to 692 points, as average daily earnings for handysize bulk carriers decreased by $48 to $12,452 per day.

 

 

 

7-April-2026

The Baltic Dry Index (BDI) increased by 29 points to reach 2,095 points. The Baltic Capesize Index (BCI) increased by 62 points to 3,148 points, with average daily earnings for capesize bulk carriers increased by $557 to $25,045. The Baltic Panamax Index (BPI) increased by 18 points to 1,802 points, while average daily income for panamax bulk increased by $164 to $16,220. The Baltic Supramax Index (BSI) increased by 7 points to 1,231 points, with average daily earnings for supramax bulk carriers increased by $88 to $15,564. The Baltic Handysize Index (BHSI) decreased by 1 point to 694 points, as average daily earnings for handysize bulk carriers decreased by $8 to $12,500 per day.

 

 

 

2-April-2026

The Baltic Dry Index (BDI) increased by 36 points to reach 2,066 points. The Baltic Capesize Index (BCI) increased by 63 points to 3,086 points, with average daily earnings for capesize bulk carriers increased by $570 to $24,488. The Baltic Panamax Index (BPI) increased by 26 points to 1,784 points, while average daily income for panamax bulk increased by $231 to $16,056. The Baltic Supramax Index (BSI) increased by 15 points to 1,224 points, with average daily earnings for supramax bulk carriers increased by $191 to $15,476. The Baltic Handysize Index (BHSI) decreased by 1 point to 695 points, as average daily earnings for handysize bulk carriers decreased by $24 to $12,508 per day.

 

 

 

1-April-2026

The Baltic Dry Index (BDI) increased by 35 points to reach 2,030 points. The Baltic Capesize Index (BCI) increased by 76 points to 3,023 points, with average daily earnings for capesize bulk carriers increased by $697 to $23,918. The Baltic Panamax Index (BPI) increased by 14 points to 1,758 points, while average daily income for panamax bulk increased by $133 to $15,825. The Baltic Supramax Index (BSI) increased by 7 points to 1,209 points, with average daily earnings for supramax bulk carriers increased by $95 to $15,285. The Baltic Handysize Index (BHSI) decreased by 6 points to 696 points, as average daily earnings for handysize bulk carriers decreased by $97 to $12,532 per day.