Main sea freight index at Baltic Exchange declines further to 875 points-Shanghai Metals Market

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Main sea freight index at Baltic Exchange declines further to 875 points

Industry News 06:05:41PM Sep 07, 2015 Source:SMM

UNITED KINGDOM September 07 2015 2:35 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities declined further to 875 points on Friday mainly due to weak capesize, panamax and supramax rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by another 16 points to 875 points on Friday.

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


Key Words:  base metal 

Main sea freight index at Baltic Exchange declines further to 875 points

Industry News 06:05:41PM Sep 07, 2015 Source:SMM

UNITED KINGDOM September 07 2015 2:35 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities declined further to 875 points on Friday mainly due to weak capesize, panamax and supramax rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by another 16 points to 875 points on Friday.

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


Key Words:  base metal