The Baltic Dry Index fell closer to the 1,000-point level on Friday as chartering activity slowed and rates fell, particularly for capesize and panamax bulk carriers.
The index, the overall indicator of the strength of bulker markets, fell a further four points to 1,051 on Friday.
This means the BDI has fallen by 41% since its last peak of 1,785 points on 15 November.
