Baltic index gains on rate increase across all vessel segments

The Capesize index rose 142 points, or 4.9 per cent, to 3,058 points. Average daily earnings for Capesize vessels increased by $1,173 to $25,358.

Dalian iron ore futures extended declines to hit a more than six-week low on Thursday, weighed down by the anticipation of falling demand in top consumer China.