The Baltic Dry Bulk Freight Index has risen for the 10th consecutive trading day According to Golden Finance, on April 16th, the Baltic Dry Bulk Freight Index rose for the 10th consecutive trading day, with all types of ships rising. The Baltic Dry Index rose 39 points, or 1.6%, from the previous trading day to 2523 points, the highest level since early December 2025. The Cape class ship freight rate index rose 62 points, or about 1.6%, to 4026 points, the highest point in over four months. The average daily profit of Cape class ships increased by $562 to $33012. The Panamax Freight Index rose 22 points, or about 1.1%, to 1970 points, the highest level since early March. The index has risen for the 11th consecutive trading day. The daily profit of Panamax ships increased by $202 to $17730. The freight rate index for ultra flexible bulk carriers rose 27 points, or 1.97%, to 1398 points. The index of flexible shipping rates rose 15 points to 730 points.