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Home / Metal News / Main sea freight index at Baltic Exchange plummets to below 600 points mark

Main sea freight index at Baltic Exchange plummets to below 600 points mark

May 22, 2015 13:16

Source:SMM

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities plummeted for the fifth day in a raw on Thursday due to lower capesize and panamax rates.

UNITED STATES May 22 2015 9:36 AM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities plummeted for the fifth day in a raw on Thursday due to lower capesize and panamax rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by another 14 points to 592 points on Thursday.

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

The main sea freight index at Baltic Exchange

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