Baltic Index Slides to 5-Month Low as Capesize, Panamax Rates Retreat
Nov 16 (Reuters) – The Baltic Exchange’s dry bulk sea freight index on Tuesday declined to its lowest level since early June, weighed by lower
gCaptain’s full news coverage of the Baltic Exchange Index, which tracks rates for dry bulk ships including capesize, panamax and supramax vessels.
Nov 16 (Reuters) – The Baltic Exchange’s dry bulk sea freight index on Tuesday declined to its lowest level since early June, weighed by lower
Nov 12 (Reuters) – The Baltic Exchange’s dry bulk sea freight index eased on Friday, but posted its first weekly rise in five weeks, helped by
Savvy traders, analysts and math whizzes had seen it coming- the drybulk market’s “parabolic rise” during September was simply not sustainable. Big
Oct 29 (Reuters) – The Baltic Exchange’s dry bulk sea freight index eased on Friday and posted its biggest monthly fall since January 2020, hurt by
The drybulk market, described a few weeks ago as “overheated” or “on fire”, has been inching back to a calmer and cooler situation. Interestingly,
The Baltic Dry Index, at 4,257 points, has now fallen over 24% from its 13-year peak earlier this month. Oct 25 (Reuters) – The Baltic Exchange’s
Oct 6 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Wednesday as robust demand and port congestion
By Ashitha Shivaprasad Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index eased on Thursday, but still gained about 53% for the
The Baltic Dry Index set its all-time record of over 11,000 points during the 2007-2008 commodities super cycle. Could we be headed for super cycle 2.0? Sept
Sept 28 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13
Sept 27 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index rose to its highest level in 13 years on Monday, bolstered by robust
Sept 23 (Reuters) – Strong rates across dry bulk vessel segments drove the Baltic Exchange’s main sea freight index to their highest since 2009 on
Broad sell-off in bulk shipping stocks even as Baltic Dry Index hits 12-year high. GNK -11%, GOGL -13%, DSX -11%, EGLE -11%, SB -9%. By Ashitha Shivaprasad
By Alex Longley (Bloomberg) In an already banner year for shipping, commodity carriers just saw their biggest daily gain in a decade. Average rates for giant
Aug 25 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index fell on Wednesday, halting a 11-session rally that saw it scale its
Aug 24 (Reuters) – Solid demand across dry bulk vessels segments propelled the Baltic Exchange’s main sea freight index to its highest level in
By Damian Shepherd and Alex Longley (Bloomberg) — For a glimpse at how fast demand for commodities has rebounded in the wake of the coronavirus, look no
Aug 20 (Reuters) – The Baltic Exchange’s main sea freight index rose to a more than 11-year peak on Friday on solid demand for all vessels, with
Aug 19 (Reuters) – The Baltic Exchange’s main sea freight index extended its winning streak to eight sessions on Thursday, supported by a surge in
Aug 17 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth
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