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Baltic Dry Index 1985 - 2022. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
The sea stretches from 53°N to 66°N latitude and from 10°E to 30°E longitude. It is a shelf sea and marginal sea of the Atlantic with limited water exchange between the two, making it an inland sea. The Baltic Sea drains through the Danish Straits into the Kattegat by way of the Øresund, Great Belt and Little Belt.
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