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Baltic Index Rises to Over Five-month Peak
The Baltic Exchange's main sea freight index gained on Wednesday, marking its highest level since early October as rates for the capesize and supramax vessel segments rose.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, climbed 79 points, or 4.2%, to 1,980—its highest since October 7, 2020.The main index was up for a seventh straight session.The capesize index was up 207 points, or 10.6%, at 2,157, its highest since Jan.
Baltic Index Snaps Losing Streak
The Baltic Exchange's main sea freight index gained on Tuesday, snapping a four-session run of losses, helped by stronger rates in the capesize and panamax vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was up 22 points, or 1.3%, to 1,673.The capesize index, rose 57 points, or 4%, to 1,465, breaking a losing streak of eight sessions.Average daily earnings for capesizes, which typically transport 150,000-tonne car
Capesize Rates Slide, Dragging Baltic Index Down
The Baltic Exchange's main sea freight index dipped to its lowest since mid-February on Monday as rates for the larger capesize segment fell for the eighth straight session.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 24 points, or 1.4%, to 1,651.The capesize index, was down 31 points, or 2.2%, at 1,408, a two-week low.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore a
Baltic Index Slips on Weaker Capesize, Panamax Rates
The Baltic Exchange's main sea freight index dipped on Wednesday, pressured by lower rates for the capesize and panamax vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was down 18 points, or 1%, at 1,709.The capesize index fell 109 points, or 6.8%, to an over one-week low of 1,485.Average daily earnings for capesizes…
Baltic Index near Four-week Peak on Surging Supramax Rates
The Baltic Exchange's main sea freight index scaled a near four-week high on Thursday as a jump in supramax rates offset weakness in the larger vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 14 points, or 0.8%, to 1,770, hitting its highest since Jan. 22 and recording a sixth straight session of gains.The capesize index retreated from a three-week high touched on Wednesday to fall 20 points…
Capesize and Panamax Bulker Rates Are Soaring
The Baltic Exchange's main sea freight index rose to its highest in over three weeks on Wednesday as demand for capesizes rebounded and rates for the panamax vessel segment scaled ten-year highs.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, surged 261 points, or 17.5%, to 1,756, recording its fifth straight session of gains.The index was at its strongest since January 25.The capesize index leapt 427 points, or 28.8%, to 1,912,
Buoyant Rates Lift Baltic Index
The Baltic Exchange's main sea freight index surged to its highest since late January on Tuesday as forward-looking market sentiment lifted capesize rates, and smaller vessel segments continued to firm.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 131 points, or 9.6%, to 1,495, a peak since Jan. 27.The capesize index jumped 224 points, or 17.8%, to 1,485 - its strongest since Feb.
Baltic Index Edges Up
The Baltic Exchange's main sea freight index on Thursday gained after posting losses in the last three sessions, as strong gains in panamax and supramax vessel rates countered a slide in the capesize segment.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 10 points, or 0.8%, to 1,313.The capesize index dropped 53 points, or 4.1%, to an over two-month low of 1,243.
Baltic Index Down for Second Week
The Baltic Exchange's main sea freight index fell for a second straight week, despite recovering slightly on Friday, as rates for the larger capesize vessel segment weakened.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 6 points, or 0.5%, to 1,333.The index fell about 8.2% this week.The capesize index dropped for a 12th straight session, falling 13 points, or 0.8%, to 1,527, its lowest since Dec.
Baltic Index Falls to One-month Low
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday as rates for the capesize vessel segment slipped for a ninth straight session.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, slid 64 points, or 4.4%, to 1,380, its lowest level since Jan. 4. The index extended its losing streak to eight sessions.The capesize index was down 177 points…
Baltic Index Down at Near Four-week Low on Falling Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Monday was down at its lowest since early January, as rates weakened across vessel segments.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 8 points, or 0.6%, to 1,444. The index extended its losing streak to seven sessions.The capesize index was down 19 points, or 1%, at 1,871, its lowest since Dec.
Baltic Index Falls for Fifth Day
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped for the fifth session in a row on Thursday, as rates waned for capesize and panamax vessel segments.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 70 points, or 4.5%, to a three-week low of 1,470.The capesize index slipped for the sixth session in a row, shedding 200 points, or 9.3%, to a more than five-week trough
Baltic Index Falls to Three-week Low
The Baltic Exchange's main sea freight index slipped to its lowest in nearly three weeks on Wednesday, dragged by a drop in demand for the larger capesize vessel segment.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was down for a fourth straight session, and dipped by 119 points, or 7.2%, to 1,540, its lowest since Jan.
Higher Rates Lift Baltic Index to One-week Peak
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in a week on Wednesday as vessel rates improved across all segments.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was up 62 points, or 3.5%, at 1,828, a one-week high.The capesize index climbed 170 points, or 5.8%, at 3,082.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes
Baltic Index Drifts Lower as Capesize Rates Weigh
The Baltic Exchange's main sea freight index dropped on Monday, as weaker rates for the larger capesize segment offset gains in panamax and supramax vessel rates.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 14 points, or 0.8%, to an over one-week low of 1,740.The capesize index retreated 54 points, or about 1.9%, to 2,839.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore an
Stronger Rates Lift Baltic Index to Three-month Peak
The Baltic Exchange's main sea freight index rose to its highest since October last year as capesize rates continued to firm.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 88 points, or 5%, to 1,849, its highest since Oct. 9, 2020.The capesize index rose 231 points, or about 7.8%, to 3,186, a three-month high.The index has registered strong gains for the past three sessions…
Baltic Index Extends Rally on Surging Chinese Coal Shipments
The Baltic Exchange's main sea freight index climbed about 10% to its highest level in three months on Monday as soaring coal demand from China continued to power capesize rates higher.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, jumped 155 points, or about 9.7%, to 1,761, its highest since mid-October last year.The capesize index gained 407 points, or about 16%, to 2,955, its highest since Oct.
Baltic Index Jumps 11% as Chinese Coal Demand Propels Capesizes
The Baltic Exchange's main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese coal demand drove up capesize rates.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, leaped 158 points, or nearly 11%, to 1,606, its highest since Oct. 14, 2020.The main index was up about 17.6% for the week, its highest jump since early October last year.The capesize index jumped 426 points, or about 20%, to 2,548, a peak since Oct.
Baltic Index Up for Seventh Straight Session
The Baltic Exchange's main sea freight index that tracks rates for ships carrying dry bulk commodities rose for a seventh session in a row on Thursday as rates firmed across all vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, added 23 points, or 1.6%, to 1,448, its highest since Oct.
Rising Capesize, Panamax Rates Buoy Baltic index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its highest level since mid-October last year as rates for capesize and panamax vessels extended gains.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, added 44 points, or 3.2% to 1,418, a peak since Oct. 16, 2020.The capesize index was up 91 points…