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Home / Metal News / Stronger supramaxes drive up main sea freight index at Baltic Exchange

Stronger supramaxes drive up main sea freight index at Baltic Exchange

Aug 7, 2014 16:32

The main sea freight index at Baltic Exchange for bigger vessels advanced to 755 points on Tuesday primarily supported by a stronger supramax segment.

UNITED KINGDOM August 07 2014 9:35 AM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels advanced to 755 points on Tuesday primarily supported by a stronger supramax segment.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, was up 2 points or 0.27 percent to 755 points.

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

Baltic Exchange

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