Baltic Index Gains For Tenth Straight Session To More Than Two-Month High

The Baltic Exchange’s dry bulk sea freight index, which measures rates for vessels moving dry bulk commodities, rose for a tenth straight session on Wednesday to its highest level in more than two months, helped by higher capesize and supramax rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, …

Baltic Index Gains For Tenth Straight Session To More Than Two-Month High Read More »

Dry Weekly Market Monitor: Capesize South Atlantic Ballasters Vs Baltic Rates

Recent observations indicate that imported iron ore stocks at China’s major ports have seen a slight decrease, dropping by 529,900 tonnes, or 0.3% week-on-week, to a total of 153.4 million tonnes as of February 20. This reduction occurs even as both the incoming and discharged volumes of iron ore have risen in recent weeks, suggesting …

Dry Weekly Market Monitor: Capesize South Atlantic Ballasters Vs Baltic Rates Read More »

Scroll to Top