The Baltic Dry Index (BDI) ended the week at 24 points below its 1986 low, closing at 530 points.

The Baltic Dry Index (BDI) fell to its lowest level ever on Wednesday dropping to 553 points.

On Monday the Baltic Dry Index (BDI) equalled its all time low of 29 years ago dropping to 554 points. There was a certain sense of inevitability about this news. It was the 13th trading day in a row the index had dropped and it has fallen for 47 out of the last 51 days.

The Baltic Dry Index (BDI) dipped another 5 points on Friday, meaning that a repeat performance on Monday will see it equaling its time low from 29 years ago.

The dry bulk market has continued to crumble this week with the Baltic Dry Index (BDI) just 10 points off its lowest level in its 30-year history at the close of Thursday.

The Baltic Dry Index (BDI) lost nearly another 3% on Monday to plunge below the 600 points barrier and is closing in on an all time low.

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