The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to 15-month low on Tuesday, dragged down by losses across all vessel segments.

* The index .BADI, which factors in rates for capesize, panamax and supramax shipping vessels, fell 12 points to 1,156 points, its lowest level since Sept. 2023.

* The capesize index .BACI dropped 29 points to 1,503 points, also hitting its lowest level since Sept. 2023.

* Average daily earnings for capesize vessels .BATCA, which typically transport 150,000-ton cargoes such as iron ore and coal, decreased by $238 to $12,464.

* Dalian iron ore futures prices surged to their highest in two months on Tuesday after Beijing eased its monetary policy stance for the first time in over a decade, spurring bets of further stimulus to boost the top consumer's economic growth. IRONORE/

* The panamax index .BPNI edged down 2 points to 1,077 points.

* Average daily earnings for panamax vessels .BPWT, which usually carry 60,000-70,000 tons of coal or grain cargo, fell $22 to $9,691.

* Among smaller vessels, the supramax index .BSIS was down 4 points at 967 points, its lowest level since August 2023.

Source: Reuters