The Baltic Dry Bulk Shipping Index Declines Due to Lower Rates for Larger Vessels

```htmlAccording to Golden Ten Data Futures on June 3, the Baltic Dry Bulk Shipping Index fell on Wednesday due to declines in Capesize and Panamax vessel rates. The Baltic Dry Bulk Shipping Index dropped by 81 points, or 2.5%, from the previous trading day, closing at 3,124 points. The Capesize Index fell by 206 points, or 3.8%, to 5,253 points. Capesize vessels' average daily earnings decreased by $1,870 to $44,138. The Panamax Index dropped by 31 points to 2,290 points. Panamax vessels' average daily earnings fell by $282 to $20,607. The Supramax Bulk Carrier Index rose by 6 points to 1,583 points.```