Dry Cargo Rates Continue Rise In Quiet Market
September 6, 2000
Dry cargo rates continued to rise on Tuesday, but the market was quiet following Monday's Labor Day holiday in the U.S., brokers said. Cargill chartered the Ken Pan built in 1984 to ship 31,000 tons of maize from Durban to Japan 10/20 September at $22.75. The Baltic Dry Index (BDI) rose five points to 1,671, the Baltic Panamax Index four points to 1,616, the Baltic Handy Index six points to 1,169 and the Baltic Capesize Index by seven points to 2,239.
Related News
Houthi Leader Vows to Escalate Attacks on Merchant Shipping
Australia Backs Long-Term Gas Exploration
US Sends Warship Through Taiwan Strait Ahead of Presidential Inauguration
Conflict Heating Up Over Cosco's Megaport in Peru
Ship Engine Failure Halts Bosphorus Vessel Traffic