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Capesize Indices

SS&Y Capesize Indices Fall

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 125 points to 4,293 in the week ending Dec. 29. "The final Pacific Capesize Index of 1999 brought a slight tinge of disappointment for owners," SS&Y reported. SS&Y's Atlantic Capesize Index fell 87 points to 4,532 in the same week. "The 87 point drop in the index won't have been unexpected due to the seasonal effect of holidays on demand," SS&Y reported.


SS&Y Capesize Indices Rise

SS&Y Capesize Indices Rise SS&Y Atlantic Capesize Index Rises 53 Points Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 53 points to 4,420 in the week ending Nov. 29. "Increasing pressure on fronthaul rates, particularly for modern tonnage, has brought a firm tone to routes to the Far East, and demand for end December in to the start of 2000 will keep owners optimistic that rates will climb further," SS&Y reported.


Capesize Indices Rise

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rose 626 points in the week ending Monday, Feb. 14, to 4,449. "Charterers who had been watching the weakening market over the first weeks of 2000, chose the Chinese New Year to enter the market with new requirements," SS&Y said. SS&Y’s Atlantic Capesize Index rose 495 points in the week ending Monday, Feb. 14, to 4,500. "Increased demand due to end of fiscal year stockpiling/completion of 1999 contracts resulted in available


SS&Y Atlantic Capesize Index Rises 120 Points

Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 120 points to 4,520 in the week ending Oct. 18. "The Atlantic index exceeded 1997 levels on Monday but it is unclear whether the recent steep spike will be maintained," an SS&Y spokesperson said. "It seems that while tonnage remains tight for the next month or so, the current levels will remain steady to firm in the Atlantic," he added. Steady cargo demand in the Atlantic for both iron ore and coal was said by SS&Y to be


SS&Y's Atlantic Capesize Index Rises 148 Points

Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 148 points to 3,682 in the week ending Sept. 27. "A rise of 148 points in this week's index indicates the firmness of underlying demand, with trips bound for the Pacific firming considerably," SS&Y reported, adding that the ever-firming bunker price was a large contributing factor to the overall price.


SS&Y Capesize Indices

SS&Y Pacific And Atlantic Capesize Indices Drop Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 45 points to 5,284 in the week ending March 27. "The Pacific sector remains tight, with owners gaining firm rates in a positional market," SS&Y said. "Tonnage is scarce for early positions, allowing owners to play a stronger hand," SS&Y added. SS&Y's Atlantic Capesize Index fell 85 points to 5,179 in the same week.


SS&Y's Atlantic Capesize Index Rose 52 Points

Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 52 points to 3,534 in the week ending Sept. 20. "The steep rise in the index over the last few weeks has gradually tailed off, but it still managed to climb over the 3,500 barrier this week and now stands 637 points above the same period in 1998," SS&Y said. "However, 637 points above awful, should only qualify as acceptable." Most rates were said to be flat or at least showed that interest was not diminishing


Dry Bulk Index Up Slightly

The Baltic Dry Index (BDI) rose one point to 1,429, the Baltic Panamax Index (BPI) gained three points to 1,560 and the Baltic Handymax Index (BHI) firmed 35 points to 9,220, while the Baltic Capesize Index (BCI) was down four points to 1,702.


Baltic Dry Indices Down

The Baltic Dry Index (BDI) fell six points to 1,496, the Baltic Panamax Index (BPI) lost 12 points to 1,626, the Baltic Handymax Index (BHI) firmed 14 points to 9,649 and the Baltic Capesize Index (BCI) was down seven points to 1,788.


SS&Y Indices Drop Again

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 53 points to 5,284. "Owners have been keen to get their vessels fixed well before the office Christmas party to keep them trading over the festive period, which has been gratefully grasped by charterers who got the discounts they desired," SS&Y said. "This may not be the case in January when the balanced positional market will have little encouragement for owners to discount asking prices


Baltic Sea Freight Index Down, Capesize Rates Slump

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for an 11th straight session on Tuesday, mainly driven by a heavy drop in capesize vessel rates. The overall index, which factors in the average daily earnings of capesize, panamax


Baltic Sea Freight Index Down Again

The Baltic Exchange main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday for a 12th straight session on weak rates for capesize vessels. The overall index, which factors in the average daily earnings of capesize, panamax


Falling Vessel Rates Keep Baltic Freight Index Down

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday for a 13th straight session as vessel rates continued to soften. The overall index, which factors in the average daily earnings of capesize, panamax


Baltic Sea Freight Index down on Weak Capesize Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped for a 14th straight session on Friday, driven mainly by falling capesize rates. The overall index, which factors in the average daily earnings of capesize, panamax


Baltic Trading Takes Delivery of Drybulk Vessels

Baltic Trading Limited (NYSE: BALT), a drybulk company focused on the spot market, has taken delivery of the Baltic Bear, a Capesize newbuilding, and the Baltic Jaguar, a 2009-built Supramax vessel. The Baltic Bear and the Baltic Jaguar are the third and fourth vessels, respectively


Seanergy Enters Three Time Charters

Seanergy Maritime Holdings Corp. announced today that it has entered into new time charter agreements for one of its Panamax vessels and two of its Capesize vessels. The M/V BET Intruder, a 69,235 dwt Panamax dry bulk carrier built in 1993


Baltic Trading Ltd. Announces Q1 2012 Financial Results

Dry bulk transporters, Baltic Trading announce net loss in Q1 2012 Baltic Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Baltic Trading Limited's current fleet consists of two Capesize


Drewry's Dry Bulk Insight

Capesize difficulties countered by smaller vessel gains.   Drewry Maritime Research’s latest Dry Bulk Insight report published in Januray highlights the changing fortunes of the market. December saw a large drop in the Drewry Hire Index


Baltic Trading Take Delivery of Capesize, & Charter Out

Bulk carrier image CCL

Baltic Trading Limited has accepted delivery of the first of two new bulk carriers, 'Baltic Tiger', a 179,185 dwt Capesize vessel, and found a time charter for the vessel without delay. The Baltic Tiger delivered to its charterer, Swissmarine Services S.A


London's Baltic Exchange Redefines Capesize Terms

Capesize Bulk Carrier: Wiki CCL photo

The Baltic Exchange inform it will be making significant amends to the Baltic Capesize Index including a change to its vessel description, amends to the route weightings and the addition of three new routes, as follows:  

 The move follows a formal consultation process with the dry bulk


Baltic Trading Acquires Two Capesize Vessels

Takes Delivery of the Baltic Lion; Vessel to Commence Spot Market-Related Time Charter. Baltic Trading Limited announced today that it has taken delivery of the Baltic Lion, a 2012-built Capesize vessel. The Baltic Lion is the second of two Capesize vessels to be delivered to the Company under


Baltic Freight Index up on Higher Dry Bulk Activity

Reuters - The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday. The overall index, which factors in the average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, rose 19 points to 1,562.


Baltic Freight Index Down, Capesize, Panamax Rates Fall

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for an eighth consecutive session on Thursday as rates for capesize and panamax vessels continued lower. The overall index, which factors in the average daily earnings of capesize


Baltic Sea Freight Index Down

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a ninth straight session on Friday on lower vessel activity. The overall index, which factors in the average daily earnings of capesize, panamax


Falling 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 for a tenth straight session on Monday as vessel rates continued to fall. The overall index, which factors in the average daily earnings of capesize, panamax


 
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