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Home / Metal News / Main sea freight index at Baltic Exchange declines further to 519 points

Main sea freight index at Baltic Exchange declines further to 519 points

Nov 20, 2015 10:00

Source:SMM

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

UNITED STATES November 19 2015 2:33 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities declined further on Wednesday 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 18 points to 519 points on Wednesday.

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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Main sea freight index at Baltic Exchange declines further to 519 points

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