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Home / Metal News / Sea Freight Index at Baltic Exchange Inches Up to above 900 Points

Sea Freight Index at Baltic Exchange Inches Up to above 900 Points

Jun 24, 2014 09:12

The main sea freight index at Baltic Exchange for bigger vessels inched up to above 900 points on Friday due a rise in capesize rates.

UNITED KINGDOM June 23 2014 3:24 PM LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels inched up to above 900 points on Friday due a rise in capesize rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, inched up by 2 points or 0.22 percent to 904 points.

The main sea freight index at Baltic Exchange is the rate which tracks for ships carrying dry bulk commodities.

sea freight index

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