The Baltic Sea Dry Bulk Freight Price Index continued its decline on Wednesday to its lowest level in more than two months due to falling freight rates for all ship types. The Baltic Sea Dry Bulk Freight Price Index fell 90 points to 1,676 points. The index hit its lowest level since August 13. The cape-type shipping price index fell 221 points to 2,552 points. The index also hit a two-month low. The average daily profit of cape-type ships fell by $1,833 to $2,161. The Panamanian shipping price index fell 55 points to 1,309 points. The average daily profit of Panama-type ships fell by $492 to $11,785. The ultra-convenient bulk carrier freight rate index fell 3 points to 1,257 points.

The Baltic Sea Dry Bulk Freight Price Index continued its decline on Wednesday to its lowest level in more than two months due to falling freight rates for all ship types. The Baltic Sea Dry Bulk Freight Price Index fell 90 points to 1,676 points. The index hit its lowest level since August 13. The cape-type shipping price index fell 221 points to 2,552 points. The index also hit a two-month low. The average daily profit of cape-type ships fell by $1,833 to $2,161. The Panamanian shipping price index fell 55 points to 1,309 points. The average daily profit of Panama-type ships fell by $492 to $11,785. The ultra-convenient bulk carrier freight rate index fell 3 points to 1,257 points.