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Baltic Dry Index has been pumping for the third consecutive trading day
The Baltic Dry Index (BDI) rose for the third consecutive trading day on Tuesday, supported by the increase in Panamax and Supramax rates. The BDI gained 15 points to reach 753 points. The Panamax index rose by 71 points to 901 points. The average daily profit of Panamax vessels increased by $643 to $8112. The Capesize index fell by 17 points to 844 points, while the average daily profit of Capesize vessels decreased by $146 to $6998. The Supramax bulk carrier index increased by 3 points to 605, ending a decline of more than two months.