Baltic Index Fall

Baltic Index Slips from 5-month High

The Baltic Exchange’s main sea freight index drifted lower on Thursday, slipping from 5-month high, reports Yahoo Finance.

Baltic index drift

The Baltic Exchange’s main sea freight index drifted lower on Thursday, having gained in the last seven sessions to hit a high since October, as rates eased for the capesize and panamax vessel segments.

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, slipped by 10 points, or 0.5%, to 1,970,...

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Baltic Index Slips by 4.6%

The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities, fell for a ninth consecutive session on Monday, reports Reuters.

What is the reason?

Baltic index slips for 9th session driven by lower rates for capesize and panamax vessels.

The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 68 points, or 4.6%, at 1,409 points, its lowest since Sept. 22.

Capesize index

  • The capesize index shed 187...

https://mfame.guru/baltic-index-slips-by-4-6/

Baltic Index Falls Mirroring Capesize Dip

According to a Reuters report, The Baltic Exchange’s main sea freight index, fell for a fifth consecutive session on Tuesday.

Baltic sea freight index

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fifth consecutive session on Tuesday, mirroring a dip in the capesize segment.

  • The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 75 points, or 4.2%, at 1,732 points,...

https://mfame.guru/baltic-index-falls-mirroring-capesize-dip/

Capesize, Supramax Rates Fall! Baltic Index Slips by 1%

  • Baltic index  fell 4 points, or 1%, to 411 on lower capesize, supramax vessel rates.
  • The panamax index rose 5 points, or 0.9%, to 546.

According to a Reuters report, capesize, supramax components of the Baltic Sea Freight Index declined on Monday, affected by weaker demand for capesize and supramax vessels outweighing stronger rates for the panamax category.

The developments
  • The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 4...

http://mfame.guru/capesize-supramax-rates-fall-baltic-index-slips-by-1/

Lower Vessel Rates Drag the Baltic Index To 4 Year Low!

According to a Reuters report, the Baltic Exchange’s main sea freight index fell to its lowest level since April 2016, dragged down by lower vessel rates across categories.

Latest Developments
  • The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, dropped 11 points, or 2.0%, to 546 — its lowest in over 3 years.
  • The capesize index fell 30 points, or 18.2%, to 135.
  • The index registered its 32nd consecutive session of losses, touching its...

http://mfame.guru/lower-vessel-rates-drag-the-baltic-index-to-4-year-low/

Baltic Index Reels Under Weak Capesize Rates, Falls for the 7th Straight Session

According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a seventh straight session on Wednesday to its lowest in over four months, hurt by lower capesize rates.

How did it happen?
  • The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 123 points, or 7.4%, to 1,533, its lowest since July 2.
  • The capesize index slumped 249 points, or 8.4%, to 2,726, its lowest in more than four...

http://mfame.guru/baltic-index-reels-under-weak-capesize-rates-falls-for-the-7th-straight-session/

Waning Demand Pulls Baltic Index Down To 4-month Low

According to an article published in Reuters, The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a four-month low on Monday, weighed down by easing rates across vessel segments.

  • The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 22 points, or 1.3%, to 1,675, its lowest since July 3.
  • The capesize index dropped 4 points, or 0.1% to 2,946 points, its lowest in more than a week.
  • Average daily...

http://mfame.guru/waning-demand-pulls-baltic-index-down-to-4-month-low/

Baltic Index Sag As Vessel Demand Dwindle

Waning demand across vessels drags Baltic index to over a 2-week low for a ninth straight session, reports Reuters.

Weaker vessel demand

The Baltic Exchange’s main sea freight index fell for a ninth straight session on Wednesday to a two-week low, hurt by weaker demand across vessel segments.

  • The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 27 points, or 1.5%, to 1,779, its lowest in over two weeks.
  • The capesize index slipped 71 points, or 2.4%, to 2,873,...

http://mfame.guru/baltic-index-sag-as-vessel-demand-dwindle/

Baltic Index Reels Under Low Capesize Rates, Falls for the 8th Straight Session

According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, stretched its losing streak to an eighth straight session on Monday, hurt by lower rates for Capesize vessels.

How did it happen?
  • The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 1 point to 2,311 points. The index has fallen for eight straight sessions.
  • The capesize index dropped 9 points, or 0.2%, to 4,538 points.
  •  Average...

http://mfame.guru/baltic-index-reels-under-low-capesize-rates-falls-for-the-8th-straight-session/