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Capesize Index

SS&Y's Capesize Indices Drop

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 45 points to 4,060 in the week ending Jan. 24. "A fresh decline in the Pacific Capesize Index this week indicated that the market has turned in the charterers' favor. Although we feel that this is only a temporary change in direction," SS&Y reported. "The demand forecasts from Asia and Japan in particular remain bullish towards the back end of the first quarter," SS&Y added. SS&Y's Atlantic Capesize Index fell 71 points to 4,248 in the same week. "The Atlantic Capesize index lost another 71 points this week and has dropped 213 points since the start of the year, but we feel that this is line with our predictions of some months ago, and that it will begin to rise again around the latter part of the first quarter," SS&Y reported. "However, Richards Bay bucked the trend of falling rates with a 10 cent rise, and despite the market appearing to be in the charterers favor, the fine balance between supply/demand means that this could change in an instant," SS&Y added.


SS&Y's Pacific Capesize Index Rises 37 Points

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rose 37 points to 3,287 in the week ending Sept. 27. "Cargoes uncovered for October helped to steady rates and even saw a slight improvement in places, which led to a modest 37 point gain in this week's index," SS&Y reported.


SS&Y Indices Fall

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 54 points and its Atlantic Capesize Index fell 79 points in the week ending Monday to 5,123.


SS&Y Pacific Capesize Index Down 12 Points

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index was down 12 points to 4,282 in the week ending Nov. 22. "Short-term prospects remain good as the plethora of Chinese enquiry is not fully covered yet, as well as some Atlantic-bound cargoes for December, which leaves a few opportunities for owners," SS&Y reported. "The firm tone should prevail over the coming week but thereafter the market will need fresh inquiry


SS&Y Indices Push Higher

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rose 123 points in the week ending Monday to 5,726. "A major resurgence from Japanese interests heated the spot market in the Pacific with rates rising accordingly. Because of the tightened supply situation any new interest will boost the market," SS&Y said. "Several charterers have already covered early November positions, but enquiries are still relatively plentiful leading to a conclusion of continued strength in the Pacific for


Baltic Index Rises for Seventh Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the seventh straight session on Monday, supported by improved activity across vessel segments headed by the capesizes.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 21 points or 4.67 percent to 471 points.   The capesize index jumped 79 points, or 22.9 percent, to 424 points


Baltic Index Down on Lower Capesize, Panamax Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Friday, as demand for capesize and panamax vessels fell.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell seven points, or about 1 percent to 703 points.   The capesize index was down 20 points, or 1.76 percent at 1,117 points.  


Baltic Sea Index Down as Weak Demand Hits Vessel Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday as lack of demand took a toll on rates for most of the vessel segments.   The index, which factors in the average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, fell two points to 596 points.   The capesize index remained unchanged at 456 points.  


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. The index, which factors in the average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, dropped six points to 596 points. The capesize index shed 12 points to 463 points. Average daily earnings for capesizes, which typically transport 150


Main Sea Freight Index at Baltic Exchange Raises

Pic:  Baltic Exchange Ltd

 The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities rose further on Friday mostly on higher capesize rates. The index tracks rates for ships carrying dry bulk commodities.   The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, rose  rose 4 pts, or 0.67%, to 597 pts.   The capesize index rose 11 points or 2.11 percent to 532 points.  


Baltic Index Up On Higher Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday helped by an increase in demand for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Higher Capesize Demand Pushes up Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday buoyed by higher demand for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up five points


Lower Large Dry Bulk Rates drag Baltic Index

File Image: A FedNav bulk vessel in the St. Lawrence Seaway (FedNav)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday dragged down by lower demand for larger vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Down on Lower Demand for Larger Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday hurt by sluggish demand for large vessel sizes.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Falls on Weaker Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday as demand for larger vessel segments declined.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down six points


Baltic Index Declines on Weaker Demand for Larger Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday on sluggish demand for panamax vessels, partially offset by a rise in demand for the smaller vessel sizes.   The overall index, which factors in rates for capesize, panamax


Baltic Index Falls on Weaker Demand for Larger Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday on weaker demand for larger vessel segments.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down nine points


Baltic Index Falls on Sluggish Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday hurt by an decline capesize vessel demand.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down eight points


Capesize Demand Pushes Baltic Index Up

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday helped by an increase in demand for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Rises on Stronger Capesize Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday on stronger rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 13 points, or 2


Baltic Index Rises as Larger Vessels Lend Support

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, supported by higher rates for capesize and panamax vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Flat, Rates for Bigger Vessels Rise

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, remained unchanged on Thursday, even as rates for capesize and panamax vessels rose. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Down on Weaker Capesize, Smaller Ship Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, was down on Wednesday on weaker demand for capesizes and smaller vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Falls on Weaker Capesize Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday weighed down by lower rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Falls on Lower Vessel Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday pulled down by weaker demand across vessel segments.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels






 
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