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Baltic Dry Index Hits Over One-month High on Gains Across Vessel Segments
The Baltic Exchange's main sea freight index rose to a more than one-month high on Wednesday, helped mostly by steady gains in rates for the panamax and capesize vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 67 points, or 5.8%, to 1,233.The capesize index gained 104 points, or 6.5%, to 1,701.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes carrying commodities
Gains in Panamax Vessel Rates Lift Baltic Dry Index
The Baltic Exchange's main sea freight index edged up on Monday as rates for the panamax segment, ferrying coal and grain cargoes, hit a more than three-month high that also helped offset a dip in the larger capesize vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels ferrying dry bulk commodities, edged up by 6 points to 1,135.The panamax index extended its winning streak to a 14th straight session to gain 28 points, or 2.1%, to 1,365.
Baltic Dry Index Up on Firm Rates for Larger Vessels
The Baltic Exchange's main sea freight index rose for a third straight session on Monday, buoyed by an uptick in capesize and panamax vessels rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 9 points to 1,145.The capesize index gained 14 points to 1,832.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, increased by $112 to $15,
Baltic Dry Index Logs Second Straight Weekly Gain
The Baltic Exchange's main sea freight index rose for the second straight week on Friday, led by strong demand in the panamax vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, gained 8 points, or 0.7%, to 1,136.The main index was up 2.3% for the week, its second straight weekly gain.The panamax index rose 21 points, or 1.9%, to 1,133.The index jumped 16.2% in its best week since March 3.Average daily earnin
Baltic Dry Index Logs Second Straight Monthly Gain
The Baltic Exchange's main sea freight index gained on Monday, posting its second straight monthly gain, supported by an uptick in rates for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 17 points, or 1.5%, to 1,127. The index was up 3.3% for the month.The capesize index earned 43 points, or about 2.4%, to 1,873, its highest level since late June.
Baltic Dry Index Slips on Weaker Vessel Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday, pressured by lower rates across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 17 points, or 1.6%, at 1,073 — its lowest since July 3.The capesize index fell 41 points, or 2.5%, to a two-week low of 1,614.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes carrying commoditi
Baltic Dry Index Logs First Weekly Gain in Three
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, marked its first weekly gain in three even as it inched lower on Friday on weaker demand in the larger vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 13 points, or 1.2%, to 1,090.However, the main index rose 8% for the week…
Baltic Dry Index Slides to Worst Week in Four
The Baltic exchange's main sea freight index recorded its worst week in four on Friday dragged by a retreat across vessel segments, but a brief bounce in the larger capesize segment last week helped the index notch up a monthly gain.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 21 points, or 1.9%, to 1,091.The main index tracking rates for ships ferrying dry bulk commodities shed about 12% for the week…
Baltic Dry Index hits Near Four-week Peak
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a near four-week high on Wednesday, supported by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 60 points, or about 5.6%, to 1,138, its highest since May 26.The capesize index jumped 190 points, or 12.3%, to 1,730.Average daily earnings for capesize vessels, which typically transport 150,000-tonne c
Larger Vessel Gains Lift Baltic Dry Index to Best Week in Three Months
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday and marked its best week since mid-March, supported by a rebound in the capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 15 points, or 1.4%, to 1,055, its highest level since May 30.The index was…
Baltic Dry Index Logs Best Day in Nearly Three Months
The Baltic Exchange's main sea freight index posted its biggest single-day gain since mid-March on Tuesday, supported by higher rates for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 77 points, or 8.2%, to 1,016, its biggest daily percentage gain since March 14.The capesize index jumped 205 points or 17.4% to 1,383 - its biggest rise in over three months.Average daily earnings for ca
Baltic Dry Index Snaps 16-day Losing Streak
The Baltic Exchange's main dry bulk sea freight index rose for the first time in 17 sessions on Monday, buoyed by an uptick in the larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels ferrying dry bulk commodities, gained 20 points, or 2.2%, to 939.The capesize index added 62 points, or 5.6%, at 1,178, after posting its biggest weekly percentage fall in almost four months last week.Average daily earnings for cap
Baltic Dry Index Extends Slide for 10th Straight Session
The Baltic Exchange's main sea freight index of shipping rates for dry bulk commodities logged its 10th consecutive decline on Wednesday, hitting its lowest in two-and-a-half months as rates fell across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 53 points, or 3.9%, to 1,295 points, its biggest drop since February.The capesize index was down 110 points, or 5.4%, at a one-month low of 1,930 points, marking its biggest
Baltic Dry Index Logs Third Straight Monthly Rise
The Baltic Exchange's main sea freight index slipped on Friday, but posted its third straight monthly gain, supported by increasing demand for the capesize vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 5 points to 1,576. The index was, however, up 13.5% for the month, as well as registered a weekly rise.The capesize index rose 25 points…
Baltic Dry Index Logs Best Day in Over Five Weeks
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, posted its biggest single-day gain since mid-March on Thursday, steered by higher shipping rates for all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 60 points, or 4.4%, to 1,432 — its biggest daily percentage rise since March 14.The capesize index snapped its four-session losing streak…
Baltic Dry Index Logs Worst Week in Two Months
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday to mark it worst week since mid-February as demand waned across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 28 points, or 1.9%, to 1,435.The index was down 8% for the week — its biggest weekly percentage fall since Feb. 17.The capesize index shed 38 points, or 2%, to 1,850.
Baltic Dry Index Falls on Lower Vessel Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday, pressured by lower shipping rates for all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 44 points, or 2.9%, to its lowest in more than a week at 1,463.The capesize index lost 89 points, or 4.7%, at 1,822.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes carrying commodi
Baltic Dry Index Gains as Capesize Rates Rebound
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday buoyed by a rebound in rates of the larger capesize vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 28 points, or about 1.9%, to 1,484 - its biggest daily percentage rise since March 14.The capesize index added 104 points, or about 5.9%, to 1,856.Average daily earnings for capesizes, which typically transport 1
Baltic Dry Index Ticks Up on Capesize Jump
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Monday as rates for the larger capesize vessel segment rebounded.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 7 points, to 1,542.
Baltic Dry Index Rises Above 11-week High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over 11-week high on Monday, propelled by stronger rates across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 41 points, or about 2.9%, at 1,465 - its highest since Dec.