The Baltic Dry Index rises for the third consecutive trading day as demand increases for all vessel types.

Golden Ten Data Futures reported on May 13 that, according to foreign media, the Baltic Dry Index closed higher for the third consecutive trading day due to increased demand across all vessel types. The Baltic Dry Index rose by 126 points, or 4.1%, to 3,189 points compared to the previous trading day. The Capesize index increased by 258 points, or 5.1%, to 5,340 points. Average daily earnings for Capesize vessels rose by $2,342 to $44,930. The Panamax index increased by 94 points, or 4%, to 2,454 points. Average daily earnings for Panamax vessels rose by $842 to $22,083. The Supramax index rose by 18 points, or 1.2%, to 1,553 points.