News list for " freight rates"

Baltic Dry Index hits 23-month low

The Baltic Dry index extended losses to a 23-month low on Thursday, weighed down by weaker rates across ship types. The Baltic Dry index fell 69 points to 824, its lowest level since February 2023. The Capesize index fell 155 points to a more than five-week low of 1,081. Capesize profits fell $1,285 a day to $8,967. The Panamax index fell 39 points to 804, its lowest level since June 2020. Panamax profits fell $346 a day to $7,239. The super-handy bulk index slipped 20 points to 654, its lowest ...

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2025-01-23 22:09:58
The Baltic Dry Index has fallen to a 19-month low

The Baltic Dry index hit its lowest level in more than 19 months on Monday as rates fell across all ship types. The Baltic Dry index fell 30 points, or 3.04 percent, to 957, its lowest level since June 2023. The Capesize index fell 66 points, or 4.74 percent, to a two-week low of 1,327. Capesize profits fell $547 a day to $11,008. The Panamax index fell 4 points to 893, its lowest since February 2023. Panamax profits fell $34 a day to $8,036. The super handy bulk index fell 20 points to 727.

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2025-01-20 22:50:31
Baltic Dry Index hits near two-month high

The Baltic Dry bulk freight index rose on Monday, hitting a near two-month high on strong demand for capesize vessels. The Baltic Dry bulk freight index rose 108 points, or 5.3 percent, to 2,158, its highest level since May 9. The Capesize index rose 348 points, or 10.1 percent, to 3,791, its highest level since March 19. Capesize daily profits rose $2,881 to $31,438. The Panamax index slipped 5 points, or about 0.3 percent, to 1,662. Panamax daily profits fell $52 to $14,955. The ultra-handy bu...

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2024-07-01 22:51:03
The Baltic Dry Index rose 5.27 percent to 2,158.

The Baltic Dry Index rose 5.27 percent to 2,158.

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2024-07-01 20:02:56