The Baltic Dry Index rose 23 points, or 2.16 percent to 1090 points. The index measures the cost of shipping of iron ore, cement, grain, coal and fertilizer. 

Baltic Panamax freight index. BPNI up 4.37% of the vessels and the average daily profit rose to $ 12,402 the highest since early January. 

Intermodal Shipbrokers George Lazaridis, said Panamax shipping rates rise in kinetic energy is pretty good. 

The average daily profit of light vessels and Ultra-Handymax ship rose to $ 8.54 thousand and $ 10,920 respectively. 

Lazaridis said that the good performance of the Ultra-Handymax and Handysize vessels. 

Baltic Capesize Index Baltic's capesize index edged down 0.59 percent to 1524 points, cooling due to Chinese demand for iron ore. The vessels usually carry the main cargo of 150,000 tons of coal and iron ore. Average daily profit fallen by about 76 percent this year. 

Supply speed of the vessel has exceeded the demand for commodities is expected to limit the gains of the dry bulk freight in the coming months.