The Baltic Dry Index of commodity shipping costs jumped 5.0% to 2,047 points to carve out a sixth straight daily gain.
Capesize rates led the way with an increase of 6.0%, while Supramax rates were up 4.7%.
Related stocks: Diana Shipping (NYSE:DSX), DryShips (NASDAQ:DRYS), Eagle Bulk Shipping (NASDAQ:EGLE), Navios Maritime Holdings (NYSE:NM), Navios Maritime Partners$(NMM)$ (NYSE:NMM), Globus Maritime Limited$(GLBS)$ (NASDAQ:GLBS), Safe Bulkers$(SB)$ (NYSE:SB), Scorpio Bulkers (NYSE:SALT), Star Bulk Carriers (NASDAQ:SBLK), Golden Ocean Group$(GOGL)$ Limited (NASDAQ:GOGL), Tidewater (NYSE:TDW), Seanergy Maritime (NASDAQ:SHIP), Genco Shipping & Trading (NYSE:GNK).
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