Marine Link
Wednesday, September 28, 2016

Freight Market Quiet

October 20, 1999

Few significant developments emerged on Wednesday as the dry bulk market appeared to be stabilizing in most areas, reflected in the latest moves of the Baltic indices, brokers said. The Baltic Freight Index (BFI) rose 12 points to 1,397, the Baltic Panamax Index gained 18 points to 1,335, the Baltic Handy Index firmed three points to 959 and the Baltic Capesize Index was up four points to 1,901. The Capesize sector was quiet although rates were generally unchanged, while Panamax rates in the Far East sector looked to be very steady, especially the more modern types. There were some signs of easier conditions for handy-sizes in the Far East and possibly also in the U.S. Gulf and South America but differences in freight rates in the Atlantic so far appeared to be marginal.


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News