Baltic Dry Index Falls 49 Points Today; Capesize and Panamax Rates Decline

GateNews
According to Guru Club, the Baltic Dry Index (BDI) fell 49 points (1.6%) to 3005 points today (May 20), weighed down by declines across all vessel types. The Capesize Index (BCI) dropped 69 points (1.4%) to 4,880 points, with daily earnings down $625 to $40,760. The Panamax Index (BPI) declined 85 points (3.5%) to 2,374 points, with daily earnings falling $764 to $21,367.
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