Sectors News Results

  • Baltic index perks up as capesize rates increase

    The Baltic Exchange's main sea freight index snapped three straight sessions of losses to gain on Wednesday, as rates increased for the capesize and supramax vessel segments. * The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 28 points, or 0.9%, at 3,147 points. * The capesize index gained 85 points, or 2.2%, to 3,868 points.

  • Baltic index slips for third day as weaker demand for larger vessels weigh

    The Baltic Exchange's main sea freight index fell for the third straight session on Tuesday, pressured by easing rates for capesize and panamax vessels. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels was down by 71 points, or 2.2% at 3,119, its lowest level in a week. * The capesize index declined 170 points, or 4.3% to 3,783, its lowest since June 15.

  • Baltic index edges down on weaker capesize, panamax demand

    The Baltic Exchange's main sea freight index slipped on Monday, weighed down by weaker rates for capesize and panamax vessels. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, fell 28 points, or 0.9%, to 3,190. * The capesize index dipped 76 points, or 1.9%, to 3,953.

  • Baltic index snaps seven-session winning streak as capesize rates dip

    The Baltic Exchange's main sea freight index snapped a seven-session winning streak on Friday as capesize rates declined, but was up for the second straight week. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, fell 49 points, or 1.5% to $3,218. * The main index was up more than 12% for the week.

  • Baltic index surges to 11-year peak on robust demand

    The Baltic Exchange's main sea freight index soared to its highest in 11 years on Thursday as rates across all vessel segments were lifted by strong demand for dry bulk commodities. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, added 91 points, or 2.9%, to 3,267, its highest level since June 2010.

  • Baltic index hits five-week high on stronger rates across vessels

    The Baltic exchange's main sea freight index rose for the sixth straight session to its highest level in five weeks on Wednesday, helped by stronger rates across vessel segments. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 151 points, or 5%, to its highest since May 11 at 3,176.

  • Loadsmart Launches Data Insights Product to Strengthen Shipper Operations

    CHICAGO, June 16, 2021  Loadsmart, a digital freight technology company, today announced the release of its Data Insights offering, which strengthens shipper operations with a robust data infrastructure specific to each company.

  • Baltic index gains on higher rates across vessels

    The Baltic exchange's main sea freight index rose for the fifth straight session on Tuesday, supported by stronger rates across vessel segments. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 81 points, or 2.8%, to 3,025. * The capesize index rose by 152 points, or 4.3%, to a three-week high at 3,695.

  • Baltic index hits one-month high on stronger rates across vessels

    The Baltic exchange's main sea freight index rose for the fourth straight session on Monday to its highest in a month, supported by higher rates across vessel segments. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 87 points, or 3%, to a peak since May 13 at 2,944.

  • Baltic index posts best week since February on gains across vessels

    The Baltic exchange's main sea freight index rose on Friday and marked its first weekly gain in four, steered by strong gains across vessel segments. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 188 points, or 7%, at 2,857. * The capesize index rose by 447 points, or 15.4%, to a two-week high at 3,346.

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