For A Third Day, The Capesize Index Fell

Credit: Containership_Unsplash

A Trading Economic news source highlights the Baltic Exchange Dry Index data.

The Baltic Exchange’s main sea freight index

The Baltic Exchange’s main sea freight index, which measures the cost of shipping goods worldwide, was down for a second straight session on Monday, falling 14 points to a near one-week low of 1,223 points, mainly pressured by the larger vessel segment.

The capesize index, which tracks vessels typically transporting 150,000-tonne cargoes such as...

https://mfame.guru/for-a-third-day-the-capesize-index-fell/

Baltic Exchange Dry Index – 2023

Credit: Peninsula’s bunker tanker Hercules Sky supplying a biofuel blend to a chemical tanker in Gibraltar. Peninsula

The Baltic Exchange’s main sea freight index, which measures the cost of shipping goods worldwide, rose by 5 points to 1,128 points on 3rd August , after a 2.4% slump the day before, amid higher demand for panamax vessels, says an article published on Tradingeconomics.

Seventh straight session

The panamax index, which tracks ships that usually carry coal or grain cargoes of about...

https://mfame.guru/baltic-exchange-dry-index-2023/

Drop In Capsize Segment Pulls Baltic Index Down By 45 Points

Baltic Exchange’s main sea freight index, was dragged lower by a drop in earnings of the larger capsize segment, reports YahooFinance.

Drop in earnings

Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, was dragged lower by a drop in earnings of the larger capsize segment.

The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 45 points, or 1.3%, to 3,338.

Capesize index

  • The capesize index slid 241...

https://mfame.guru/drop-in-capsize-segment-pulls-baltic-index-down-by-45-points/

Strong Capesize Rates Push Baltic Index Up By 61 Points

A jump in capesize rates snap Baltic exchange’s main sea freight index 10-session losing streak on Wednesday, reports Yahoo Finance.

Main sea freight index

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 61 points, or 2.5%, to 2,481.

Capesize Index

  • The capesize index rose by 95 points, or 4%, to 2,488.
  • Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient...

https://mfame.guru/strong-capesize-rates-push-baltic-index-up-by-61-points/

High Panamax Rates Pushes Baltic Index Up By 14 Points

Baltic index edges higher as panamax, supramax rates increase, reports Yahoo Finance.

Second straight gain

The Baltic exchange’s main sea freight index extended gains for a second straight session on Tuesday, helped by firmer rates for the panamax and supramax segments.

Baltic gains

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, increased by 14 points, or 0.4%, to 3,254.

Capesize Index

  • The capesize index fell by 41 points, or 0.8%,...

https://mfame.guru/high-panamax-rates-pushes-baltic-index-up-by-14-points/

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/

Firm Capesize Demand Pushes Baltic Index 2-week High

Higher capesize rates lift Baltic index to 2-week high, reports Yahoo Finance.

Baltic Index high rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, advanced on Monday, supported by improved demand for capesize vessels.

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was up 60 points, or 2.9%, at 2,145, its highest level since March 29.

Capesize Index

  • The capesize index jumped 249 points, or 8.6%, to a...

https://mfame.guru/firm-capesize-demand-pushes-baltic-index-2-week-high/

Muted Vessel Demand Pulls Baltic Index Down By 2.7%

The Baltic Exchange’s main sea freight index declined on Tuesday, reports Yahoo Finance.

Baltic index decline

The Baltic Exchange’s main sea freight index that tracks rates for ships ferrying dry bulk commodities declined on Tuesday, weighed down by muted demand across vessel segments.

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, was down 59 points, or 2.7%, to 2,103, its weakest since March 16.

Capesize Index

  • The capesize index edged down 72 points, or 3.1%,...

https://mfame.guru/muted-vessel-demand-pulls-baltic-index-down-by-2-7/

Firm Vessel Rates Push Baltic Index Up By 23 Points

The Baltic Exchange’s main sea freight index rose to 5-month peak, reports Yahoo Finance.

Firm vessel rates

The Baltic Exchange’s main sea freight index rose to its highest in more than five months on Monday, as rates across vessel segments strengthened.

Baltic dry index gain

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 23 points, or 1.2%, to 1,983, its highest since Oct. 7, 2020.

Capesize index

The capesize index gained 37...

https://mfame.guru/firm-vessel-rates-push-baltic-index-up-by-23-points/

Baltic Index Snaps 4-session Losing Streak

The Baltic Exchange’s main sea freight index gained on Tuesday, reports Yahoo Finance.

Baltic index gain

The Baltic Exchange’s main sea freight index gained on Tuesday, snapping a four-session run of losses, helped by stronger rates in the capesize and panamax vessel segments.

The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was up 22 points, or 1.3%, to 1,673.

Capesize Index

The capesize index rose 57 points, or 4%, to 1,465,...

https://mfame.guru/baltic-index-snaps-4-session-losing-streak/

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