Main sea freight index at Baltic Exchange advances to 587 points

Published: May 28, 2015 13:31

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The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities advanced for the first time on Wednesday.

UNITED KINGDOM May 28 2015 9:35 AM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities advanced for the first time on Wednesday, after the drop of eight consecutive day in a raw, boosted higher capesize and supramax rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, up by 3 points to 587 points on Wednesday.

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

sea freight index BDI

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