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Home / Metal News / Main sea freight index at Baltic Exchange drops to 474 points

Main sea freight index at Baltic Exchange drops to 474 points

Dec 24, 2015 09:01

Source:SMM

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped to 474 points on Wednesday mainly due to higher cape rates.

UNITED KINGDOM December 23 2015 1:50 PM

LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped to 474 points on Wednesday mainly due to higher cape rates.

The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, down by 4 points to 474 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 drops to 474 points

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