The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, dipped for a fifth successive session on Wednesday, weighed down by weaker capesize vessel rates.
The Baltic index, which reflects rates for capesize, panamax and supramax vessels, was down by 44 points, or 3.4%, to 1,260.
The capesize index dropped 108 points, or 4.3%, to 2,435 points.
Average daily earnings for capesizes, which typically transport 170,000-180,000 tonne cargoes such as iron ore and coal, fell by $1,208 to $18,606.
The panamax index rose 11 points, or 1%, to 1,127 points, its biggest percentage gain since Oct. 10.
Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, inched up by $89 to $9,051.
The supramax index edged higher by 2 points to 718.
Source: Reuters
Related Posts
Baltic index slips on falling capesize, panamax rates
Baltic index gains on stronger vessel demand
Baltic index logs best day in 4-1/2 months on jump in capesize rates
Baltic index rises for eighth straight session
Baltic index edges up on firm panamax, supramax rates
Baltic index falls for eighth straight session on lower capesize rates
generic dapoxetine online
Baltic index records fifth straight fall | Shipping Herald
ivermectin doses human
Baltic index records fifth straight fall | Shipping Herald
generic dapoxetine without a doctor
Baltic index records fifth straight fall | Shipping Herald
uses for dapoxetine in women
Baltic index records fifth straight fall | Shipping Herald
patient reviews of tamoxifen
Baltic index records fifth straight fall | Shipping Herald
why doesn’t vidalista work for me
Baltic index records fifth straight fall | Shipping Herald
albuterol inhaler for allergies
Baltic index records fifth straight fall | Shipping Herald
half life of cialis 5mg
Baltic index records fifth straight fall | Shipping Herald
plaquenil effects on the eyes
Baltic index records fifth straight fall | Shipping Herald
dapoxetine patent expiration date extended
Baltic index records fifth straight fall | Shipping Herald
online doctors that provide prescriptions
Baltic index records fifth straight fall | Shipping Herald