Posts tagged as Baltic dry index

Baltic index rises as rates improve for capesize vessels

Wednesday, August 26, 2020

The Baltic Exchange’s main sea freight index rose on Tuesday, as higher rates for capesize vessels offset a fall in panamax and supramax segments. * The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, was up 27 points, or 1.8%, at 1,518. * The capesize index rose 86 points, or 3.9%, to 2,293. * Average daily earnings…