Main sea freight index at Baltic Exchange drops to 598 points

Published: Mar 30, 2015 17:06

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The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped on Friday as lack of demand took a toll on rates for most of the vessel segments.

UNITED KINGDOM March 30 2015 2:07 PM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped on Friday as lack of demand took a toll on rates for most of the vessel segments.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by 2 points to 598 points on Friday.

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

baltic dry index

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