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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

Star Bulk Takes Delivery of First Capesize from JMU

Athens, Greece-headquartered Star Bulk Carriers says it has taken delivery of 'M/V Peloreus' a 182,000 dwt Capesize built by Japan Marine United (“JMU”) and the

China Issues New Rules on US DDG Imports

China's Import Inspection Authority, AQSIQ, is now requiring U.S. distiller's dried grains imports to be officially certified free of the MIR 162 GMO trait, the U.

Freeport Says Indonesia Exports Could Resume Soon

Freeport-McMoRan Inc said on Wednesday it expects to "imminently" sign an agreement with Indonesia that would enable it to immediately resume copper concentrate

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1711 sec (6 req/sec)