Metals News
Main freight index at Baltic Exchange drops to 1,040 points
industry news
09:02AM
Aug 21,2014
Source:SMM

UNITED KINGDOM August 20 2014 4:51 PM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels dropped on Thursday because of a drop in rates for capesize vessels.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, fell by 2 points or 0.19 percent to 1,040 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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