Main sea freight index at Baltic Exchange drops to below 1000 points

Aug 25, 2015 10:32

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped further to below 1000 points on Friday lead by weak panamax rates.

UNITED KINGDOM August 24 2015 3:17 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped further to below 1000 points on Friday lead by weak panamax rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by another 20 points to 994 points on Friday.

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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Main sea freight index at Baltic Exchange drops to below 1000 points

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