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Monday, 04/19/2021 10:05:07 AM

Monday, April 19, 2021 10:05:07 AM

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The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, climbed 62 points, or 2.7%, to a more than one-year high of 2,385.
The main index firmed 14.4% this week, recording its best week since March 19.
The capesize index gained 56 points, or 1.7%, at 3,439, a peak since October last year.
The index added 19.3% for the week and marked its third weekly gain in a row.
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient iron ore, were up $464 at $28,520.
https://www.hellenicshippingnews.com/baltic-index-posts-second-weekly-jump-as-vessel-demand-grows/
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