Main sea freight index at Baltic Exchange rises further to 978 points

UNITED KINGDOM September 22 2015 2:54 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities rose further on Monday due to strong capesize and panamax rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, up by another 18 points to 978 points on Monday.

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