Dry bulk index continues to drop – down 40 percent since New Year's

The Baltic Dry Index continues its nosedive. The index is down more than 40 percent since the turn of the year, and is now at the lowest level since April 2016.

Photo: PR / Norden

Dry bulk index Baltic Dry continues to decline, after reaching a multi-year low yesterday.

Friday, the index drops 3.3 percent to 557 points, and has thus dropped 42 percent since the turn of the year.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Poseidon Principles set to raise ambitions in coming weeks

The banks in Poseidon Principles are working on the basis of halving CO2 emissions in shipping by 2050. At the same time, some of the same banks are working towards a target of CO2 neutrality by 2050 as part of the Net-Zero Banking Alliance. Before long, Poseidon will reassess its ambition.

Further reading

Related articles

Trial banner

Latest news

See all jobs