UNITED KINGDOM May 12 2015 12:20 PM
LONDON (Scrap Register): The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities advanced further on Monday on higher rates for capesize vessels.
The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, up by another 4 points to 578 points on Monday.
The main sea freight index at Baltic Exchange is the rate which tracks for ships carrying dry bulk commodities.