Wednesday, February 17, 2021
Shipping

Baltic Dry Index Jumps Over 17%

Feb 17 (Reuters) – The Baltic Exchange’s main sea freight index rose to its highest in over three weeks on Wednesday as demand for capesizes rebounded and rates for the...

February 17, 2021
Total Views: 1514

Tuesday, February 2, 2021
Large Bulker Ship
News

Baltic Index Down Near Four-Week Low

by Bharat Govind Gautam (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Monday was down at its lowest since early...

February 2, 2021
Total Views: 1061

Monday, January 11, 2021
bulk carrier
Shipping

Baltic Dry Index Extends Rally Surging 10%

Jan 11 (Reuters) – The Baltic Exchange’s main sea freight index climbed about 10% to its highest level in three months on Monday as soaring coal demand from China continued...

January 11, 2021
Total Views: 3076

Friday, January 8, 2021
dry bulk ship, bulker
Shipping

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...

January 8, 2021
Total Views: 4757

Tuesday, January 5, 2021
bulk ship
Shipping

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...

January 5, 2021
Total Views: 2068

Thursday, December 24, 2020
bulk ship
Shipping

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...

December 24, 2020
Total Views: 2131

Tuesday, November 3, 2020
dry bulk ship, bulker
Maritime News

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...

November 3, 2020
Total Views: 125

Monday, October 5, 2020
bulk ship
Maritime News

Baltic Dry Index Rallies Past 1-Year High

Oct 5 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest in more than a year on Monday...

October 5, 2020
Total Views: 197

Tuesday, September 29, 2020
bulk ship
Maritime News

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...

September 29, 2020
Total Views: 21

Thursday, September 24, 2020
baltic dry index
Maritime News

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...

September 24, 2020
Total Views: 46

Wednesday, July 29, 2020
baltic dry index
Maritime News

Baltic Dry Index Snaps 7-Day Losing Streak

July 29 (Reuters) – The Baltic Exchange’s main sea freight index rose on Wednesday, after declining for seven consecutive sessions, as rates for larger capesize and panamax vessels bounced back...

July 29, 2020
Total Views: 22

Wednesday, July 1, 2020
bulk ship
Maritime News

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...

July 1, 2020
Total Views: 52

Thursday, June 18, 2020
iron ore ship
Maritime News

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...

June 18, 2020
Total Views: 51

Wednesday, June 17, 2020
bulk carrier sunset
Maritime News

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...

June 17, 2020
Total Views: 23

Monday, April 20, 2020
bulk ship
Maritime News

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...

April 20, 2020
Total Views: 54

Thursday, January 30, 2020
bulk ship
Maritime News

Capesize Rates Slump to All-Time Low

By Anjishnu Mondal Jan 30 (Reuters) – The capesize component of the Baltic sea freight index plunged to an all-time low on Thursday, hurt by high fuel costs owed to...

January 30, 2020
Total Views: 17

Monday, January 27, 2020
bulk ship helicopter pad
Maritime News

Baltic Dry Index Falls to Over 3-Year Low

Jan 27 (Reuters) – The Baltic Exchange’s main sea freight index fell to its lowest level since April 2016, dragged down by lower vessels rates across categories. * The Baltic...

January 27, 2020
Total Views: 68

Wednesday, August 28, 2019
baltic dry index
Maritime News

Baltic Dry Index at 5 1/2-Year High

Aug 28 (Reuters) – The Baltic Exchange’s main sea freight index rose to its highest since December 2013 on Wednesday, pushed by strong demand across all vessel categories, with the...

August 28, 2019
Total Views: 5

Friday, August 9, 2019
Maritime News

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...

August 9, 2019
Total Views: 6

Thursday, August 1, 2019
baltic dry index
Maritime News

Baltic Dry Index Falls for Eighth Session

Aug 1 (Reuters) – The Baltic Exchange’s main sea freight index fell for an eighth straight session on Thursday, as increased vessel supply and easing demand for shipping iron ore...

August 1, 2019
Total Views: 3