Main sea freight index at Baltic Exchange falls to 1,070 points-Shanghai Metals Market

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Main sea freight index at Baltic Exchange falls to 1,070 points

Industry News 09:40:17AM Aug 29, 2014 Source:SMM

UNITED KINGDOM August 27 2014 4:28 PM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels decline on Tuesday because of lower capesize rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, fell by 18 points or 1.65 percent to 1,070 points.

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

 

Key Words:  sea freight index 

Main sea freight index at Baltic Exchange falls to 1,070 points

Industry News 09:40:17AM Aug 29, 2014 Source:SMM

UNITED KINGDOM August 27 2014 4:28 PM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels decline on Tuesday because of lower capesize rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, fell by 18 points or 1.65 percent to 1,070 points.

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

 

Key Words:  sea freight index