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Capesize Indices

SS&Y Capesize Indices Fall

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 125 points to 4,293 in the week ending Dec. 29. "The final Pacific Capesize Index of 1999 brought a slight tinge of disappointment for owners," SS&Y reported. SS&Y's Atlantic Capesize Index fell 87 points to 4,532 in the same week. "The 87 point drop in the index won't have been unexpected due to the seasonal effect of holidays on demand," SS&Y reported.


SS&Y Capesize Indices Rise

SS&Y Capesize Indices Rise SS&Y Atlantic Capesize Index Rises 53 Points Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 53 points to 4,420 in the week ending Nov. 29. "Increasing pressure on fronthaul rates, particularly for modern tonnage, has brought a firm tone to routes to the Far East, and demand for end December in to the start of 2000 will keep owners optimistic that rates will climb further," SS&Y reported.


Capesize Indices Rise

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rose 626 points in the week ending Monday, Feb. 14, to 4,449. "Charterers who had been watching the weakening market over the first weeks of 2000, chose the Chinese New Year to enter the market with new requirements," SS&Y said. SS&Y’s Atlantic Capesize Index rose 495 points in the week ending Monday, Feb. 14, to 4,500. "Increased demand due to end of fiscal year stockpiling/completion of 1999 contracts resulted in available


SS&Y Atlantic Capesize Index Rises 120 Points

Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 120 points to 4,520 in the week ending Oct. 18. "The Atlantic index exceeded 1997 levels on Monday but it is unclear whether the recent steep spike will be maintained," an SS&Y spokesperson said. "It seems that while tonnage remains tight for the next month or so, the current levels will remain steady to firm in the Atlantic," he added. Steady cargo demand in the Atlantic for both iron ore and coal was said by SS&Y to be


SS&Y's Atlantic Capesize Index Rises 148 Points

Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 148 points to 3,682 in the week ending Sept. 27. "A rise of 148 points in this week's index indicates the firmness of underlying demand, with trips bound for the Pacific firming considerably," SS&Y reported, adding that the ever-firming bunker price was a large contributing factor to the overall price.


SS&Y Capesize Indices

SS&Y Pacific And Atlantic Capesize Indices Drop Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 45 points to 5,284 in the week ending March 27. "The Pacific sector remains tight, with owners gaining firm rates in a positional market," SS&Y said. "Tonnage is scarce for early positions, allowing owners to play a stronger hand," SS&Y added. SS&Y's Atlantic Capesize Index fell 85 points to 5,179 in the same week.


SS&Y's Atlantic Capesize Index Rose 52 Points

Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 52 points to 3,534 in the week ending Sept. 20. "The steep rise in the index over the last few weeks has gradually tailed off, but it still managed to climb over the 3,500 barrier this week and now stands 637 points above the same period in 1998," SS&Y said. "However, 637 points above awful, should only qualify as acceptable." Most rates were said to be flat or at least showed that interest was not diminishing


SS&Y Indices Drop Again

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 53 points to 5,284. "Owners have been keen to get their vessels fixed well before the office Christmas party to keep them trading over the festive period, which has been gratefully grasped by charterers who got the discounts they desired," SS&Y said. "This may not be the case in January when the balanced positional market will have little encouragement for owners to discount asking prices


Baltic Freight Index Falls

  The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday as weak demand took its toll on vessel rates. The index, which factors in the average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, dropped eight points or 1.34 percent to 588 points. The capesize index fell nine points to 454 points. Average daily earnings for capesizes, which typically transport 150


Baltic Index Up for Twelfth Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for the twelfth consecutive session, supported primarily by stronger demand for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 16 points or about 3 percent to 555 points.   The capesize index swelled 77 points, or about 12 percent, to 733 points.  


Weaker Panamax Rates Weigh on Baltic Index

File photo: Star Bulk

The Baltic Exchange's main sea freight index fell slightly on Monday, as sliding panamax rates offset gains in capesize earnings.   The Baltic index, which tracks rates for ships carrying dry bulk commodities, was down for the sixth straight session.  


Weaker Vessel Rates Weigh on Baltic Index

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the seventh session on Tuesday, weighed down by falling rates for most vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Weak Demand Drags Down Baltic Index

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest in nearly three months on Wednesday on weaker demand across all vessel segments. The overall index, which factors in rates for capesize, panamax


Baltic Index Falls to Lowest Since Early March

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Thursday fell to its lowest since early March as demand slowed across all vessel segments. The overall index, which factors in rates for capesize, panamax


Baltic Index Sags Again

File Image (CREDIT: AdobeStock / (c) lidia n neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for an eleventh straight session on Wednesday as rates across vessels segments weakened.   The overall index, which factors in rates for capesize, panamax


Weaker Rates Weigh on Baltic Index

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday as rates continued to slip across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Dips on Panamax, Smaller Vessel Rates

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Friday, as gains in capesize rates failed to offset lower rates for panamax and smaller vessels. The overall index, which considers rates for capesize, panamax


Baltic Index Halts 13-session Losing Streak

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Monday to snap a 13-session losing streak, supported by firmer demand for capesize vessels. The overall index — which considers rates for capesize, panamax


Baltic Index Up On Higher Capesize Rates

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, crawled up for the second straight session on higher rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Dips on Weaker Smaller Vessel Demand

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, was marginally down on Wednesday as demand for smaller vessels eased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Gains On Firmer Capesize Rates

File Image (CREDIT: AdobeStock / (c) Lucasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Thursday helped by stronger rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Capesize Rates Nudge Baltic Index Up Again

File Image (CREDIT: AdobeStock / (c) Lidia n Neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose marginally on Friday on stronger rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 2 points


Baltic Index Falls on Lower Iron Ore Demand

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell 2 percent on Monday as lower demand for iron ore fixtures hit capesize rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Slides for 4th Straight Day

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth straight session on Thursday, pressured by lower panamax vessel rates. The overall index, which factors in rates for capesize, panamax


Baltic Index Inches Down

File photo: NORDEN

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Friday on weaker rates for smaller vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels






 
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