The Baltic Index snapped 13 days of successive defeats on the profits of a larger ship


The Baltic Exchange Baltic Sea Transport Index, which tracks down the tariff for ships carrying dry bulk commodities, yelled at thirteen days defeat on Friday, supported by strong tariffs in all segments of Captesize and Panamax.

The overall index, the factors in the tariff for shipping shipping ships, Panamax and Supramax, gained 20 points to 735 points, recording profits for the first time since January 13. The contract dropped 8.1% this week.

Capesize Index (.BACI) gained 33 points to 874 points. The index fell more than 14.4% for a week.

The average daily income for cotton vessels (.batca), which usually transports 150,000 tons of cargo such as iron ore and coal, gets $ 275 to $ 7,252.

The Panamax Index (.BPNI) gained 33 points to 800 points. The index also posted weekly losses.

The average daily income for Panamax ships (.BPWT), which usually carries around 60,000-70,000 tons of coal or seeds, increased $ 300 to $ 7,199.

Among the smaller ships, the Supramax Index (.Bsis) fell 2 points at 603 points, the lowest since June 2020. The index fell for the sixteenth week in a row and down 5.3% for a week.
Source: Reuters



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