Main sea freight index at Baltic Exchange drop further to 706 points

Published: Nov 4, 2015 10:37

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The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped further to 706 points on Monday due to a sharp decline in capesize, panamax and supramax rates.

CHINA November 03 2015 2:40 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped further to 706 points on Monday due to a sharp decline in 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 15 points to 706 points on Monday.

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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