Main sea freight index at Baltic Exchange drops another 14 points

Published: Nov 20, 2015 15:24

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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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