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Home / Metal News / Main sea freight index at Baltic Exchange continue to stay below 950 points

Main sea freight index at Baltic Exchange continue to stay below 950 points

Oct 20, 2014 10:28

The main sea freight index at Baltic Exchange for bigger vessels continued to stay below 950 points mainly due to a drop in capesize activity.

UNITED KINGDOM October 17 2014 4:35 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels continued to stay below 950 points mainly due to a drop in capesize activity.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by 5 points or 0.53 percent to 930 points on Thursday.

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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