Sectors News Results

  • 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.

  • Baltic index jumps over 7% on higher rates across vessel segments

    The Baltic exchange's main sea freight index jumped more than 7% on Thursday, propelled 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 7.6%, at 2,669.

  • Baltic index snaps 10-session losing streak as capesize rates jump

    The Baltic exchange's main sea freight index snapped a 10-session losing streak on Wednesday, supported by a jump in capesize rates. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, gained 61 points, or 2.5%, to 2,481. * The capesize index rose by 95 points, or 4%, to 2,488.

  • Baltic index slides for 10th session as capesize rates fall

    The Baltic exchange's main sea freight index slipped for the tenth straight session on Tuesday, pressured by a decline in capesize rates. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, shed eight points, or 0.3%, to 2,420. * The capesize index fell by 74 points, or 3%, to 2,393, its lowest since March 31.

  • Baltic main index dips on falling capesize rates

    The Baltic exchange's main sea freight index eased on Monday, falling for a ninth straight session, pressured by weaker rates for capesize vessels. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, shed 10 points, or 0.4%, at 2,428.

  • Baltic main index posts 4th straight weekly dip on capesize retreat

    The Baltic exchange's main sea freight index fell to its lowest in more than a month en route to its fourth straight weekly decline, pressured by a retreat in the capesize segment. * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, shed 34 points, or 1.4%, at 2,438, its lowest since April 19. * The main index fell 6% for the week.

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