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Home / Metal News / Main sea freight index at Baltic Exchange drops another 14 points

Main sea freight index at Baltic Exchange drops another 14 points

Nov 20, 2015 15:24

Source:SMM

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped another 14 points on Thursday due to a sharp decline in capesize, panamax and supramax rates.

UNITED KINGDOM November 20 2015 9:20 AM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped another 14 points on Thursday 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 14 points to 504 points on Thursday.

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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The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to stay below 650 points on Friday as lower cape, panamax and supramax rates.

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Main sea freight index at Baltic Exchange plummets to another record low of 317 points

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Main sea freight index at Baltic Exchange declines further and stay below 450 points

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

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.

Nov 20, 2015 10:00

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Main sea freight index at Baltic Exchange drops another 14 points

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