Home / Metal News / Precious Metals / Main sea freight index at Baltic Exchange advances to 944 points
Main sea freight index at Baltic Exchange advances to 944 points
Oct 21,2014 10:00CST
industry news
Source:SMM
The main sea freight index at Baltic Exchange for bigger vessels advanved to 944 points on Friday mainly due to a pick-up in capesize activity, after falling for 12 consecutive sessions.

UNITED KINGDOM October 20 2014 3:35 PMTweet 
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for bigger vessels advanved to 944 points on Friday mainly due to a pick-up in capesize activity, after falling for 12 consecutive sessions.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, up by 14 points or 1.51 percent to 944 points.

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

 

sea freight index
Baltic Exchange

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news