Baltic Sea freight index witness biggest percentage jump in 5 months on Aug. 12-Shanghai Metals Market

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Baltic Sea freight index witness biggest percentage jump in 5 months on Aug. 12

Industry News 08:45:14AM Aug 14, 2014 Source:SMM
UNITED KINGDOM August 13 2014 3:50 PM
 
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels recorded the biggest percentage jump in five months on Tuesday helped by higher rates for capesize vessels.
 
The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, rose 44 points or 5.57 percent to 836 points.
 
The main sea freight index at Baltic Exchange is the rate which tracks for ships carrying dry bulk commodities.
 

Baltic Sea freight index witness biggest percentage jump in 5 months on Aug. 12

Industry News 08:45:14AM Aug 14, 2014 Source:SMM
UNITED KINGDOM August 13 2014 3:50 PM
 
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels recorded the biggest percentage jump in five months on Tuesday helped by higher rates for capesize vessels.
 
The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, rose 44 points or 5.57 percent to 836 points.
 
The main sea freight index at Baltic Exchange is the rate which tracks for ships carrying dry bulk commodities.