Main sea freight index at Baltic Exchange drops for the fifth consecutive day

Published: May 7, 2015 17:48

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The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped further for the fifth consecutive day on Thursday on lower rates for capesizes and panamax vessels.

UNITED KINGDOM May 07 2015 2:35 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped further for the fifth consecutive day on Thursday on lower rates for capesizes and panamax vessels.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by another 5 points to 575 points on Thursday.

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

main sea freight index Baltic Exchange BDI

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