[Base Metal]Strong capesize rates lift main sea freight index at Baltic Exchange to 1200 points

Published: Aug 6, 2015 08:46

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The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to advance on Tuesday boosted by strong capesize rates.

UNITED KINGDOM August 05 2015 3:26 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to advance on Tuesday boosted by strong capesize rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, up by another 49 points to 1200 points on Tuesday.

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

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