Baltic dry index hits one-month high amid renewed US-Iran hostilities

Source: Mysteel Jul 15, 2026 16:20

The Baltic Exchange's main sea freight index, a bellwether for global dry bulk shipping rates, advanced for a fourth consecutive session on Tuesday, reaching its highest level in over a month.

On July 14, the overall index, which comprises rates for Capesize, Panamax and Supramax vessels, climbed 20 points, or 0.7%, from the previous session to settle at 2,980 points. This marks the index's highest reading since June 8 and reflects strengthening demand across all vessel segments. The Capesize index, which

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