According to CoinMeta, the Baltic Dry Freight Index ( BDI ) continued its upward trend, driven by increases in the rates for Cape-size and Panamax vessels. The BDI index rose by 49 points, or 1.79%, to 2,854 points, the highest level since October 9th. The Cape-size vessel freight index ( BCI ) increased by 115 points, or 2.7%, to 4,459 points, reaching a level not seen in over a month. The average daily profit for Cape-size vessels rose by $1,044 to $36,936. The Panamax vessel freight index ( BPI ) increased by 34 points, or 1.7%, to 2,037 points, setting a new high since October 26th. The average daily profit for Panamax vessels also rose by $300 to $18,330. The Ultra-Handy Dry Cargo Ship Index ( BSI ) fell by 5 points, or 0.3%, to 1,810 points, hitting the lowest level since October 8th. The Handy-size vessel freight index ( BHSI ) rose by 2 points to 1,025 points.