The Baltic Dry Bulk Freight Rate Index changed almost last wednesday, with Panamax freight rates rising, offsetting lower cape and ultra-handy freight rates. The Baltic Sea Overall Dry Freight Price Index rose 4 points, or 0.18 percent, to 2289 points. The Cape Freight Rate Index fell 49 points, or 2.1 percent, to 2301, its lowest level since late March 2021. The average daily profit of cape-type vessels decreased by $406 to $19,084. The Panamax Freight Index rose 129 points, or 4.5 percent, to 3,003. The average daily profit of Panamax vessels increased by $1158 to $27865. The ultra-handy freight rate index fell 44 points to a multi-month low of 2165 points.
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