Main sea freight index at Baltic Exchange advances sharply to 584 points

Published: Mar 20, 2015 17:56
The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities advanced sharply on Thursday due to the strong demand for vessels across all segments.

UNITED KINGDOM March 20 2015 2:45 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities advanced sharply on Thursday due to the strong demand for vessels across all segments.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, up by another 13 points to 584 points on Thursday.

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

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Main sea freight index at Baltic Exchange advances sharply to 584 points - Shanghai Metals Market (SMM)