Main sea freight index at Baltic Exchange plummets to below 850 points-Shanghai Metals Market

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Main sea freight index at Baltic Exchange plummets to below 850 points

Industry News 07:41:26PM Sep 11, 2015 Source:SMM

UNITED KINGDOM September 11 2015 4:35 PM    

LONDON (Scrap Register): The main  sea freight index at Baltic Exchange for ships carrying dry bulk commodities  plummeted to below 850 points on Thursday 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 25 points to 830 points on Thursday.

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


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Main sea freight index at Baltic Exchange plummets to below 850 points

Industry News 07:41:26PM Sep 11, 2015 Source:SMM

UNITED KINGDOM September 11 2015 4:35 PM    

LONDON (Scrap Register): The main  sea freight index at Baltic Exchange for ships carrying dry bulk commodities  plummeted to below 850 points on Thursday 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 25 points to 830 points on Thursday.

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