# All segments remain in the red — Breakwave Advisors

> The Baltic Dry Index closed the week of November 22 at 1,537 points with all vessel segments lower. Panamax earnings fell to their lowest since August 2023, and Atlantic Panamax rates dropped further.

- Date: 2024-11-25 · published 2024-11-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/27600-all-segments-remain-in-the-red-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Falling dry bulk rates reflect soft grain and coal demand, lowering freight costs for feed grain imports but signaling weak trade volumes.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2024/11/24/all-segments-remain-in-the-red

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.