Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions
(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces...
The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 16 points or about 3 percent to 555 points.
The capesize index swelled 77 points, or about 12 percent, to 733 points.
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, rose $444 to $5,533.
The panamax index rose 11 points to 654 points.
Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 to 70,000 tonnes, rose $85 to $5,216.
Among smaller vessels, the supramax index was up seven points to 492 points, while the handysize index was up two points to 288 points (Reporting by Nithin Prasad in Bengaluru)
(c) Copyright Thomson Reuters 2016.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,959 members that receive our newsletter.
Have a news tip? Let us know.
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign UpMaritime and offshore news trusted by our 105,959 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up