Baltic Exchange Dry Freight Index. BADI Thursday decline because of falling Capesize and Panamax ship Fares.
Baltic Dry Index slipped 0.63% to 1097 points The index measures the cost of transport of iron ore, cement, grain, coal and fertilizer, and other resources.
The Baltic Panamax freight index. BPNI fell 1.49% average daily profit fell 123-7929 U.S. dollars. Usually the type of ship carrying capacity of 6-7 million tons of main cargo is coal or grain.
Panamax freight decline because of shipping activity slowdown experienced strong trend of the past week.
The Baltic's capesize index. BACI fell 1.49% to 2241 points, the average daily profit decline 273-16233 U.S. dollars. Capesize vessels typically carrying capacity of 15 million tonnes of cargo, mainly iron ore and coal.
Average daily profit rising to to 61-6576 U.S. dollars. Handymax and Supramax vessels and average daily profit rose 84-7942 U.S. dollars.