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Baltic index snaps 11-session rally as capesizes fall
The Baltic Exchange’s main dry bulk sea freight index fell on Wednesday, halting a 11-session rally that saw it scale its highest level in over a decade, as the larger capesize vessel segment retreated.
The Baltic Briefing: Dry Bulk Market report
Capesize
The Capesize market broke out of its recent range this week as the 5TC peaked on Thursday before easing Friday slightly down at $36,150.
Baltic index slips on weaker panamax, capesize rates
The Baltic Exchange’s main sea freight index fell on Wednesday, as weaker demand for panamax and capesize vessels weighed.
Strong demand across vessel segments lifts Baltic index
Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, rose on Friday bolstered by firmer rates across vessel segments.
Baltic index edges down on weaker capesize, panamax demand
The Baltic Exchange’s main sea freight index slipped on Monday, weighed down by weaker rates for capesize and panamax vessels.
Baltic index marks worst week in 4 months as capesize rates drop
The Baltic exchange’s main sea freight index fell on Friday to log its worst weekly performance in about four months, as capesize rates dropped.
Baltic index rises to near 11-year peak on buoyant vessel rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, climbed to its highest since mid-2010 on Thursday as demand improved for all vessel segments.
