The Baltic Dry Index fell to a more than 17-month low on Wednesday, as all ship type price indices declined. The Baltic Dry Index dropped 49 points or 4.83% to 966 points, the lowest level since the end of July 2023. The Capesize ship price index plunged 118 points to 1100 points. The average daily profit for Capesize ships dropped by $979 to $9123. The Panamax ship price index decreased by 24 points to 1037 points. The average daily profit for Panamax ships declined by $216 to $9331. The Supermax dry bulk carrier price index fell by 10 points to 846 points, marking the ninth consecutive trading day of decline. The Handy size ship price index decreased by 8 points to 524 points.