Most Shipping Costs Drop BDI Index Continued to Decline

Most Shipping Costs Drop BDI Index Continued to Decline

    On December 15, the BDI index was at 1619 points, down 49 points, or -2.94%, from the previous day.The Baltic Sea Capesize Index (BCI) shed 159 points or -4.04% to 3777 points. The average daily profit fell 1,486 U.S. dollars to 25,859 U.S. dollars.The Baltic Panamax Shipping Index (BPI) dropped 37 points, or -2.16%, to 1677. Average daily profit fell 287 dollars to 13,421 US dollars.Among smaller vessels, the BSI dropped 2 points to 942. The daily average profit dropped 21 dollars to 10,817 U.S. dollars. The Handy Shipping Index (BHSI) was up 1 point at 636 points. The daily average profit rose 16 U.S. dollars to 9,276 U.S. dollars.


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