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Original title: Baltic dry bulk transport index continues to decline, Capesize freight rates decrease
Wenhua Finance (Comprehensive Compilation Building Yiting) – According to foreign news on November 13, the Baltic Dry Bulk Freight index continued to decline on Friday and the capesize market continued to be depressed.
The Baltic’s overall dry bulk transport index fell 9 points, or 0.8%, to 1,115 points, the lowest since June 16. The index fell 6% this week, marking the sixth consecutive week of decline.
The Capesize freight index fell 43 points, or 2.8%, to 1,507 points, the lowest since June 11.
The average daily profit of Capesize vessels continued to decline from $ 356 to $ 12,498.The carrying capacity of this type of vessel is usually 150,000 tons and the cargo includesiron oreStone and coal etc.
The Panamax freight index rose 21 points, or 1.8%, to 1,198 points.
The average daily profit of Panamax ships increased by $ 185 to 10,780 yuan. The carrying capacity of this type of ship is between 60,000 and 70,000 tons, and the cargo is usually coal or grain.
The Handysize Freight Index remained stable at 884 points.
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