Summary
[Baltic dry bulk index fell for the fourth consecutive day]The Baltic dry bulk index fell for the fourth consecutive day on Tuesday, as rates for all types of ships fell. The Baltic index for overall dry bulk fell 67 points, or 2.7%, to 2,417. The capesize index fell 95 points, or 5.5%, to 1,639. Average daily earnings for capesize vessels fell $784 to $13,596. The panamax index slipped 79 points, or 2.31%, to 3,337. Average daily earnings for panamax vessels fell $717 to $30,029. The Supramax index fell 45 points to 2,946. The handysize index slipped 13 points to 1,774. (Financial Association)
The Baltic Dry Index fell for a fourth straight day on Tuesday as rates for all vessel sizes fell. The Baltic index for overall dry bulk fell 67 points, or 2.7%, to 2,417. The capesize index fell 95 points, or 5.5%, to 1,639. Average daily earnings for capesize vessels fell $784 to $13,596. The panamax index slipped 79 points, or 2.31%, to 3,337. Average daily earnings for panamax vessels fell $717 to $30,029. The Supramax index fell 45 points to 2,946. The handysize index slipped 13 points to 1,774.
(Article source: Financial Associated Press)