Aug 10 (Reuters) - The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, notched its biggest one-day percentage gain in five months on Thursday, buoyed by soaring demand for larger vessels. The index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 42 points, or 4 percent, at 1,092 … [Read more...]
Baltic Dry Index Tops 1,000 Points
Aug 3 (Reuters) - The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, boosted by higher rates for the larger capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 30 points, or 3.02 percent, at 1,023 points. The … [Read more...]
Baltic Dry Index, Up for Nine Straight Sessions, Hits Two-Month High
July 21 (Reuters) - The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday for the ninth straight session, on higher rates for capesize and smaller vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 13 points, or 1.35 percent, at 977 points, … [Read more...]
The Baltic Dry Index Falls to 850 Points, Its Lowest Level Since February
June 1 (Reuters) - The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, dropped on Thursday to its lowest level in 14 weeks on falling rates across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 28 points, or 3.19 percent, at 850 points - its … [Read more...]
Baltic Dry Index Continues Downward Spiral
May 30 (Reuters) - The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a nearly three-month low on Tuesday, hurt by weaker rates across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 12 points, or 1.32 percent, to 900 points - its … [Read more...]
Baltic Dry Index Sinks to Lowest Level Since March
May 24 (Reuters) - The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest in nearly three months on Wednesday on weaker demand across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 15 points, or 1.58 percent, at 934 points … [Read more...]
Baltic Dry Index Falls Below 1,000 Points
May 15 (Reuters) - The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell 2 percent on Monday as lower demand for iron ore fixtures hit capesize rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 20 points, or 2 percent, to 994 points. The capesize index … [Read more...]