The Baltic Exchange’s dry bulk freight index slipped for a fourth successive session on Wednesday, sliding about 2.1% to 3,113 points and registering its weakest reading since 27 August, according to a report published by reports on 30 September 2026.

The Baltic Dry Index measures the freight rates for ships that carry dry bulk commodities and is the gauge cited in the report to describe the movement in market levels on Wednesday; the fall to 3,113 points followed three earlier sessions of retreat and reduced the index to its lowest point in just over a month.

Capesize segment felt most strongly

The report noted that the capesize index, which is the subset of the market that typically transports about 150,000 tonnes per voyage and commonly carries cargoes such as iron ore and coal, fell by 3.4% on Wednesday, registering a sharper decline than the broader index on the same day.

That further drop in capesize rates occurred alongside the overall 2.1% move in the Baltic Dry Index and underscores that the largest bulk vessel class recorded the steepest single-session fall reported on 30 September 2026.

A fourth consecutive downward session

reports’s account emphasised the sequence of declines, describing Wednesday’s movement as the fourth straight session of retreat for the Baltic Exchange’s dry bulk freight index, with the series of daily falls culminating in the 3,113-point level that the report identifies as the lowest since 27 August.

The combination of a roughly 2.1% drop in the broad Baltic Dry Index and a 3.4% slide in the capesize component on the same day produced the lowest month-plus reading for the benchmark, as conveyed in the source item dated 30 September 2026.

The Baltic Exchange measure cited in the report tracks rates for vessels that carry a wide range of dry bulk commodities, and the capesize subset named in the report is characterised by its capacity to move very large cargoes, typically around 150,000 tonnes, including consignments of iron ore and coal, as stated by reports.

Luke Smout, Editor of The Maritime Gazette
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