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The Baltic Dry Freight Index fell, dragged down by the decline in the Capesize index
Release time：Jul 04, 2019 From：admin
According to foreign news on May 30, the dry bulk freight index of the Baltic Sea Shipping Exchange fell on Thursday, dragged down by the drop in the sea-going rate.
The overall dry bulk freight index of the Baltic Sea fell by 10 points or 0.9% to 1,097 points.
The index was held near a four-month high on Wednesday.
The Capesize freight index fell 36 points, or 2.2%, to 1,623.
The daily average profit of the Capesize vessel fell by US$198 to US$12,965. This type of ship usually carries 17-180,000 tons of cargo, and the cargo is iron ore and coal.
The Panamax freight rate index rose by 3 points, or 0.2%, to 1,340 points.
The average daily profit of Panamax vessels rose by $28 to $10,740. This type of ship usually carries between 60,000 and 70,000 tons of cargo, and the cargo is usually coal or grain.
The Super Handysize freight index fell 7 points to 756 points.
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