BREAKING NEWS
Baltic Dry Index Bounces Back
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, rose about 0.3% to 3,584 points on Tuesday, following a 1.4% decrease in the prior session. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, rebounded by 0.4% to 6,313 points; and the supramax index went up 0.7% to 1,693 points. On the other hand, the panamax index, which tracks vessels carrying around 60,000 to 70,000 tons of coal or grain, was down for a third day, falling 0.7% to 2,414 points.
Source: Trading Economics
#latestnews #theshippingtribune #shippingnews #baltic #dryindex
Comments