Sectors News Results

  • Baltic index sees worst day since January as capesizes tumble

    The Baltic Exchange's dry bulk sea freight index registered its worst day in nine months on Friday, as capesize rates faltered. * The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell 243 points, or 5.2%, to 4,410. * The capesize index fell 713 points, or 10.3% - biggest since Jan. 27 - to 6,205.

  • Baltic index slips to one-month low as capesize rates weaken

    The Baltic Exchange's dry bulk sea freight index slipped to its lowest in almost a month on Thursday, as rates for the capesize vessel segment fell. * The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell 98 points, or 2.1%, to 4,653. * The capesize index fell 357 points, or 4.9%, to 6,918, its lowest in a month.

  • Baltic index snaps 8-day losing streak on stronger vessel demand

    The Baltic Exchange's dry bulk sea freight index gained on Wednesday, after falling for eight straight sessions, supported by higher rates across all vessel segments. * The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose by 37 points, or 0.8%, to 4,751.

  • USD 27.58 bn growth in Digital Shipment Market | Advent of New Technologies to Drive the Market Growth | Technavio

    NEW YORK, Oct. 19, 2021 The digital shipment market is set to grow by USD 27.58 billion at over 21.57% from 2021 to 2025, according to the latest research report from Technavio. Download Our Free Sample Report and gain more insights on market environment and potential growth variance factors. Technavio analyzes the market by Type and Geography.

  • Baltic index falls to over 3-week low on weaker capesize demand

    The Baltic Exchange's dry bulk sea freight index fell to its lowest level in more than three weeks on Tuesday, weighed down by weaker demand for capesize vessels. * The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell by 18 points, or 0.4%, to 4,714. * The capesize index fell 129 points, or 1.8%, to 7,229, its lowest in almost a month.

  • Baltic index falls for 7th day as capesizes drag

    The Baltic Exchange's dry bulk sea freight index extended losses for a seventh straight session on Monday, as a drop in capesize rates offset gains in the smaller vessel segments. * The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell by 122 points, or 2.5%, to 4,732.

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