The Baltic Dry Bulk Freight Price Index fell on Friday, recording its worst weekly performance in five months due to falling demand for all ship types. The Baltic Sea Dry Bulk Freight Price Index fell 18 points to 1,576 points. The index has accumulated a cumulative decline of more than 11% this week, for the third consecutive week of weekly decline. The cape-type shipping price index fell 46 points to 2,276 points. The cumulative decline of the index this week was more than 18%. The average daily profit of cape-type ships fell by $384 to $18,875. The Panamanian shipping price index fell 3 points to 1,285 points. The index fell more than 10% on a weekly basis. The average daily profit of Panama-type ships fell by $29 to $1,1562. The ultra-convenient bulk carrier freight rate index fell 4 points to 1,250 points.

The Baltic Dry Bulk Freight Price Index fell on Friday, recording its worst weekly performance in five months due to falling demand for all ship types. The Baltic Sea Dry Bulk Freight Price Index fell 18 points to 1,576 points. The index has accumulated a cumulative decline of more than 11% this week, for the third consecutive week of weekly decline. The cape-type shipping price index fell 46 points to 2,276 points. The cumulative decline of the index this week was more than 18%. The average daily profit of cape-type ships fell by $384 to $18,875. The Panamanian shipping price index fell 3 points to 1,285 points. The index fell more than 10% on a weekly basis. The average daily profit of Panama-type ships fell by $29 to $1,1562. The ultra-convenient bulk carrier freight rate index fell 4 points to 1,250 points.