Monday, January 11, 2021
Friday, January 8, 2021
Baltic Index Jumps 11% as Chinese Coal Demand Propels Capesizes
Jan 8 (Reuters) – The Baltic Exchange’s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese coal demand drove up...
Tuesday, January 5, 2021
Rising Capesize, Panamax Rates Buoy Baltic Dry Index
Jan 5 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its highest level since mid-October last year...
Thursday, December 24, 2020
Baltic Dry Index Marks First Yearly Gain in Three Years
Dec 24 (Reuters) – The Baltic Exchange’s main sea freight index posted its first annual gain in three years on Thursday as iron ore shipments to China bounced higher, despite...
Tuesday, November 3, 2020
Baltic Dry Index Hits Over 4-Month Low on Weak China Demand
Nov 3 (Reuters) – The Baltic Exchange’s main sea freight index fell to a more than four-month low on Tuesday as weak demand from China dragged down vessel rates across...
Monday, October 5, 2020
Tuesday, September 29, 2020
Bulker Earnings Surge on China Infrastructure Investment
By Firat Kayakiran (Bloomberg) –Ships that transport coal and iron ore to China are seeing a surge in earnings as the nation’s demand for commodities rises, despite concerns about a...
Thursday, September 24, 2020
Baltic Index at Over 2-Month Peak as Capesize Activity Picks Up
Sept 24 (Reuters) – The Baltic Exchange’s main sea freight index jumped to a more than two-month high on Thursday as strong iron-ore shipments out of Australia and Brazil boosted...
Wednesday, July 29, 2020
Wednesday, July 1, 2020
Dry Bulk Shipping is Shrugging Off COVID-19. For Now
By Firat Kayakiran (Bloomberg) –The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand...
Thursday, June 18, 2020
Another Record Day for the Baltic Dry Index as Capesizes Surge
June 18 (Reuters) – The Baltic Exchange’s main sea freight index marked its largest single-day percentage rise on Thursday, as capesize vessel segment rates jumped 50% on strong iron ore...
Wednesday, June 17, 2020
Capesizes Lead Baltic Dry Index’s Record Daily Surge
June 17 (Reuters) – The Baltic Exchange’s main sea freight index recorded its biggest ever daily percentage jump on Wednesday, propelled by surging capesize rates due to a spike in...
Monday, April 20, 2020
Bulk Shipping Rates Start to Recover as China Emerges From Virus
By Krystal Chia (Bloomberg) — Freight rates for bulk commodities, which were torpedoed earlier this year as China’s economy took its initial hit from the pandemic and as iron ore cargo...
Thursday, January 30, 2020
Monday, January 27, 2020
Wednesday, August 28, 2019
Friday, August 9, 2019
Baltic Index Nudges Up, but Posts Third Weekly Fall
Aug 9 (Reuters) – The Baltic Exchange’s main sea freight index rose on Friday, buoyed by an uptick in demand across all vessel segments, but still posted its third straight...
Thursday, August 1, 2019
Monday, July 15, 2019
Tuesday, July 9, 2019
Baltic Dry Index Hits 11-Month High on Strong Demand for Iron Ore Shipping
July 9 (Reuters) – The Baltic Exchange’s main sea freight index rose to its highest in 11 months on Tuesday, driven by higher rates for larger capesize vessels on strong...
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