Baltic Index Rises Over 10 Week-high On Capesize, Panamax Demand

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Baltic index hits over ten-week high on stronger capesize, panamax demand, reveals an XM news source.

Baltic Exchange’s main sea freight index

The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, rose to its highest level since late December on Monday, supported by stronger rates across capesize and panamax segments.

* The overall index, which factors in rates for capesize, panamax and supramax...

https://mfame.guru/baltic-index-rises-over-10-week-high-on-capesize-panamax-demand/

Baltic Index Rose To 11-year Peak

The Baltic exchange’s main sea freight index rose on Wednesday, reports Yahoo Finance.

High Main Sea Freight Index 

The Baltic exchange’s main sea freight index rose on Wednesday, its highest since mid-2010, boosted by gains across vessel segments.

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose by 109 points, or 3.5%, to 3,266, its strongest level since June 2010.

Capesize Index

  • The capesize index rose 224 points, or 4.3%, to...

https://mfame.guru/baltic-index-rose-to-11-year-peak/

Capesize Jump Puts A 10-year Peak on Baltic Freight Index

The Baltic Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel segment on increasing iron ore shipments from Brazil, reports Yahoo Finance.

Baltic dry index

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessel ferrying dry bulk commodities, jumped 238 points, or 9.6%, to 2,710, its highest since October 2010.

The index recorded its biggest daily jump since Feb. 17.

Capesize index

The...

https://mfame.guru/capesize-jump-puts-a-10-year-peak-on-baltic-freight-index/

Demand for Capesize Vessels, Baltic Index Climbs Up

  • The Baltic Exchange’s main sea freight index,rose on Tuesday as stronger demand for capesize vessels offset a dip in panamax and supramax rates.
  • The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 20 points, or about 1%, to 2,092.
  • The capesize index climbed 134 points, or 5.6%, to 2,528, its highest since Jan. 25.

A recent news published in Yahoo edited by Devika Syamnath says that higher capesize rates buoy Baltic index.

Capesize index

The capesize index...

https://mfame.guru/demand-for-capesize-vessels-baltic-index-climbs-up/

Baltic Index Sees An Acute Dip in 3 Months As Capesize Weakens

  • The Baltic Exchange’s main sea freight index, tracking rates for capesize, panamax and supramax vessels, registered its steepest decline.
  • The decline in more than three months is driven by reduced demand for capesizes.
  • The Baltic index fell 87 points, or 6.3%, the biggest percentage decline since July 22, to 1,297, which was a trough since Sept. 18.
  • The capesize index lost 253 points, or 11.7%, its worst percentage decline since May 28, to 1,903.

Baltic index marks biggest dip in over 3 months...

https://mfame.guru/baltic-index-sees-an-acute-dip-in-3-months-as-capesize-weakens/