The Baltic Exchange's main sea freight index gained on Thursday, driven by a jump in the capesize vessel segment to its highest level in a month. * The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, gained 60 points, or 1.9%, to 3,214, the highest since July 13.
The Baltic Exchange's main sea freight index fell on Wednesday, as weaker demand for panamax and capesize vessels weighed. * The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 12 points, or 0.4%, to 3,154. * The capesize index lost 3 points to 3,841, its lowest since July 22.
ALBANY, N.Y., July 27, 2021 /PRNewswire/ -- Marine Insurance Market: Growth Summary The marine transport industry has expanded substantially over the years. With an increase in transportation across the marine arena, increase in accidents and casualties was also reported. Marine insurance covers damage caused to ships, terminals, cargo vessels, and also includes cargo losses.
The Baltic Exchange's main sea freight index snapped four sessions of gains on Tuesday due to lower rates in the capesize and panamax vessel segments. * The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, dropped 44 points, or 1.4%, to 3,166. * The capesize index lost 106 points, or 2.7%, to 3,844, its lowest since July 22.
The Baltic Exchange's main sea freight index rose for a fourth straight session on Monday, helped by higher demand for capesize vessels. * The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 11 points, or 0.3%, to 3,210. * The capesize index added 35 points, or nearly 1%, to 3,950, its highest since June 29.
NEW YORK, July 23, 2021 Set to grow by 22.22 million TEU during 2021-2025, Technavio's latest market research report estimates the container leasing market to register a CAGR of almost 15%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources.
The Baltic Exchange's main sea freight index ended higher on Friday to notch its biggest weekly gain in five weeks, as a surge in capesize rates outweighed losses in the panamax segment. * The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 96 points, or 3.1%, to 3,199, its highest since July 13.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
