Main sea freight index at Baltic Exchange continue to stay below 550 points
The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to stay below 550 points mark on Thursday mainly due to lower capesize panamax and supramax rates.
UNITED KINGDOM December 11 2015 11:25 AM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities continued to stay below 550 points mark on Thursday mainly due to lower 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 12 points to 534 points on Thursday.
The main sea freight index at Baltic Exchange is the rate which tracks for ships carrying dry bulk commodities.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
