The Baltic Exchange Baltic Sea Transportation Index, which tracks the tariff for ships carrying dry bulk commodities, is obtained on Friday and registers the second weekly profit in a row, driven by a strong capsis rate.
The main index, which are factors in tariffs for shipping shipping ships, Panamax and Supramax, rose 70 points to 1,229 points, the highest since December 3. The index rose more than 18% for this week.
The CAPESIZE index added 245 points to 1,818 points, the highest above twelve weeks. It rose more than 58% this week, the best week since January 13.
The average daily income for capacity ships, which usually transports 150,000 tons of cargo such as iron ore and coal, increased $ 2,028 to $ 15,074.
The price of iron ore futures drops and is determined for monthly losses, suppressed by US tariff problems and increasing trade friction on Chinese steel exports.
The Panamax index fell 29 points to 1,063 points, decreased for the fourth successive session. The index fell 6.7% for a week.
The average daily income for Panamax ships, which usually carry 60,000-70,000 tons of coal or seeds, down $ 262 to $ 9,569.
Among the smaller ships, the Supramax index released 8 points to 895 points and posted the second weekly defeat in succession.
Source: Reuters
