Baltic Indices Fall In Thin Pre-Holiday Trade

Thursday, December 30, 1999
A lack of fresh chartering saw the Baltic indices under pressure, brokers said last week. The Baltic Dry Index (BDI) fell four points to 1,320, the Baltic Panamax Index also fell four points to 1,210, and the Baltic Capesize Index shed eight points to 1,824, while the Baltic Handy Index remained unchanged at 935. Grain business remained thin and was confinerd to the U.S. Gulf region with CAM fixing an unnamed vessel for 25,000 tons wheat to Algeria December 28/Jan 10 at $20, and Cargill who fixed 23,000/24,500 tons tons heavy grain Mississippi/Buenaventura prompt shipment at $15.25. The Baltic component rate for 54,000 tons heavy grain U.S. Gulf/Japan posted a modest gain for the first time in days, Thursday's fixing set at $20.050 against $20.007 on Wedneesday. Mineral chartering was relatively quiet but saw Ilva fix Almar 1 for 105,000 tons coal Richards Bay/Taranto January 22/February 5 at $8.60. - (Reuters)
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson

SC Ports Report Record Pier Container Volumes

Georgetown grows 10 percent fiscal year to date Today South Carolina Ports reported March pier container volumes were the highest since August 2008. Last month the Port handled 85,

West Coast is Key for Exporting Bigger Canada Crops

Canada needs to invest in shipping more grains and oilseeds off the West Coast as harvests get larger, to avoid the massive transportation backlogs that followed last year's record crops,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0898 sec (11 req/sec)