SeaNews Index launches, delivering vital insights for maritime decision-makers in a fluctuating market landscape.

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday on stronger rates across all vessel sizes.

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marginally declined on Wednesday on weaker demand for capesize vessels.

ASIA-Europe rates fell below US$500 last week to $490 per TEU, down two per cent from the previous week, according to the latest Shanghai Containerised Freight Index (SCFI).

Baltic index under pressure asshipglut growsReuters AfricaBADI, which tracks rates toshipdry commodities, slid to its lowest in two years for a third day on Thursday as a mounting glut ofshipsweighed on...Baltic Dry: Not what it used to beGlobe and Mail (blog)4 haber makalesinin tümü »

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry commodities, fell on Thursday for an eighteenth straight session as softer demand weighed on vessel rates. The overall index, a gauge of the cost of shipping commodities such as iron ore, cement, grain, coal and fertiliser, lost 17 points or 1.94 percent to 861 points.