Capesize Index

Elevated Dry Bulk Demand Pushes Baltic Index Up By 44 Points

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday to its highest level since mid-October last year, reports Reuters.

Gains extended

The Baltic Exchange’s main sea freight index, climbed on Tuesday to its highest level since mid-October last year as rates for capesize and panamax vessels extended gains.

Baltic sea freight index

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, added 44 points,...

https://mfame.guru/elevated-dry-bulk-demand-pushes-baltic-index-up-by-44-points/

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/

Weekly Bulk Report – Week 36, 2020

The Baltic Briefing has released a report about the dry bulk market for the 36thweek of shipping activities of this year. The report dated 04thSeptember highlights the plight of the dry bulk market at the on-sight of the 36thweek.

Capesize

The Capesize market suffered a technical correction this week, with the timecharter average shedding $1792 to close at $16,252. The catalyst was not isolated to one loading area.

C5 West Australia 

The C5 West Australia round rapidly traded lower on Thursday,...

https://mfame.guru/weekly-bulk-report-week-36-2020/

Weekly Bulk Report – Week 34, 2020

The Baltic Briefing has released a report about the dry bulk market of the 34thweek of shipping activities of this year. The report dated 21stAugust highlights the plight of the dry bulk market at the on-sight of the 34thweek.

Capesize

The capesize market took a southerly direction this week and settled at $17,918, down -$1,998 week on week. 

Brazil to China C3

Brazil to China C3 trading activity saw numerous vessels snapped up and while the market anticipated a value lift, rates responded with...

https://mfame.guru/weekly-bulk-report-week-34-2020/

High Supramax Demand Push Baltic Index To 4-Week High

  • Baltic index at 4-week high on higher supramax demand.
  • The capesize index eased 2 points, or 0.1%, to 2,400.
  • The panamax index slipped 5 points, or 0.3%, to 1,819.
  • The supramax index rose 16 points, or 1.7%, to 943.

The Baltic Exchange’s main sea freight index hit its highest in four-weeks on Monday, as the supramax rates soared high, reports Yahoo News.

How did this happen?

The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax...

https://mfame.guru/high-supramax-rates-push-baltic-index-to-4-week-high/

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