Main sea freight index at Baltic Exchange continues to drop to 802 points-Shanghai Metals Market

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Main sea freight index at Baltic Exchange continues to drop to 802 points

Industry News 06:53:53PM Sep 16, 2015 Source:SMM

UNITED KINGDOM September 16 2015 4:15 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to drop to 802 points on Tuesday 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 3 points to 802 points on Tuesday.

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


Main sea freight index at Baltic Exchange continues to drop to 802 points

Industry News 06:53:53PM Sep 16, 2015 Source:SMM

UNITED KINGDOM September 16 2015 4:15 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to drop to 802 points on Tuesday 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 3 points to 802 points on Tuesday.

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