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Baltic Sea Freight Index Posts Weekly Gain as Capesize Rates Jump
The Baltic Exchange's main sea freight index , tracking rates for ships ferrying dry bulk commodities, logged its first weekly gain since mid-June, as a jump in capesize rates outweighed declines in other vessel segments.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 140 points, or nearly 7%, at 2,150 points, its highest since July 4. It rose 4% for the week.The capesize index rose 462 points…
Panamax Gains Buoy Baltic Sea Freight Index
The Baltic Exchange's main sea freight index edged up on Thursday, snapping a 14-session long streak of losses, propped up by gains in the panamax segment and slightly higher earnings for capesize vessels.The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, rose one point, or 0.2%, to 431.The capesize index slipped four points to a negative 187…
Capesize Slumps, Coronovirus Pull Down Rates
The capesize component of the Baltic sea freight index plunged to an all-time low on Thursday, hurt by high fuel costs owed to new shipping regulations and a seasonal slowdown worsened by a coronavirus outbreak.The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 27 points, or 5.1%, to 498 — its lowest level in over 3 years.The capesize index dropped 92 points…
Lower Capesize Rates Weigh on Baltic Sea Freight Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday, snapping five consecutive days of gains, as rates for capesize vessels slipped to their lowest in a month. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, slipped 21 points, or 1.73 percent, to 1,191 points. "It's a very tight market now that you're coming off of the Chinese New year.
Firmer Vessel Demand Pushes Baltic Sea Freight Index Up
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday, helped by stronger rates across all vessel segments.
Baltic Sea Freight Index Up on Higher Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday, helped by higher rates for bigger vessels.
Baltic Sea Freight Index Rises on Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday, supported by firmer rates across vessel segments.
Baltic Sea Freight Index Slips
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday for the first time in five weeks, hurt by…
Baltic Sea Freight Index Up
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fourth consecutive session on Wednesday, on gains across most vessel segments.
Baltic Sea Freight Index Flat
Press release - The Baltic Exchange's main sea freight index tracking rates for ships carrying dry bulk commodities was unchanged on Tuesday, as rising demand for…
Baltic Sea Freight Index Remains Flat
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained unchanged on Monday. The overall index, which…
Baltic Sea Freight Index Down on Muted Shipping Activity
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged lower on Monday on muted shipping activity. The index…
Baltic Sea Freight Index Flat for Second Straight Session
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained flat for the second straight session on Friday on muted vessel activity.
Baltic Sea Freight Index Steady, Vessel Activity Muted
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained flat on Thursday due to muted vessel activity.
Baltic Sea Freight Index Falls on Muted Vessel Activity
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday due to muted vessel activity. The index…
Lower Vessel Rates Pull Down Baltic Sea Freight Index
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Tuesday on lower vessel rates. The index, which…
Baltic Sea Freight Index Down on Lower Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, pulled down by a fall in rates across all vessel segments.
Baltic Sea Freight Index Up on Higher Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday, mostly on higher capesize rates. The index…
Baltic Sea Freight Index Edges Higher
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Monday as rates rose for vessels across all segments.
Baltic Sea Freight Index Flat on Muted Vessel Activity
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained steady on Thursday due to a muted vessel activity.
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