|One week ago||1725||992||784|
|Spot time charter||$ 12,239/day||$ 7,000/day||$ 8,667/day|
|One week ago||$ 12,944/day||$ 7,980/day||$ 8,818/day|
The Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, inched higher on Thursday helped by stronger rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up seven points, or 0.7 percent, at 1,012 points. The capesize index jumped 50 points, or 3.04 percent, to 1,695 points after falling 40% over the last month.
|One week ago||1480||1023||811|
|Spot time charter||$ 12,944/day||$ 7,980/day||$ 8,818/day|
|One week ago||$ 11,499/day||$ 8,225/day||$ 8,959/day|
Rates continued to slip across all vessel segments this week with the Baltic Dry Index decreasing by 10 points, reaching 994 points.
|One week ago||1779||1187||861|
|Spot time charter||$ 11,499/day||$ 8,225/day||$ 8,959/day|
|One week ago||$ 13,285/day||$ 9,541/day||$ 9,457/day|
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the ninth consecutive session on Friday, weighed down by lower rates for larger vessel segments. The overall index fell 25 points, or 2.2 percent, to 1,109. The index registered a weekly decline of about 7 percent.
|Two weeks ago||1830||1494||895|
|Spot time charter||$ 13,285day||$ 9,541/day||$ 9,457/day|
|Two weeks ago||$ 13,369/day||$ 11,982/day||$ 9,785/day|
|Two weeks ago||2173||1427||886|
|Spot time charter||$ 13,369day||$ 11,982/day||$ 9,785/day|
|Two weeks ago||$ 15,570/day||$ 11,443/day||$ 9,062/day|
Values for dry bulk carriers are now rising exponentially, as demand is growing among ship owners, encouraged by the market’s recovery since the start of 2017. Dry bulk ship values are up by 20 per cent in just 30 days.
|One week ago||2597||1374||881|
|Spot time charter||$ 15,570day||$ 11,443/day||$ 9,062/day|
|One week ago||$ 18,864/day||$ 11,025/day||$ 9,214/day|
|One week ago||2482||1218||896|
|Spot time charter||$ 18,864/day||$ 11,025/day||$ 9,214/day|
|One week ago||$ 18,078/day||$ 9,786/day||$ 9,369/day|
|One week ago||2413||1108||879|
|Spot time charter||$ 18,078/day||$ 9,786/day||$ 9,369/day|
|One week ago||$ 17,763/day||$ 8,914/day||$ 9,193/day|
|One week ago||1789||1211||874|
|Spot time charter||$ 17,763/day||$ 8,914/day||$ 9,193/day|
|One week ago||$ 13,231/day||$ 9,728/day||$ 9,142/day|
The dry bulk industry’s main benchmark has been staging a significant comeback during the past few weeks, demand for second hand bulkers has increased accordingly. However, many are remaining cautiously optimistic about continued improvements. According to Allied’s George Lazaridis, Head of Market Research & Asset Valuations, prices for many of the main industrial commodities such as iron ore and coal have continued to climb as demand holds firm, while even steel, a commodity which has more than any other felt the pressure from the supply glut, has managed to show a favourable face this year.
|One week ago||1097||1084||840|
|Spot time charter||$ 13,231/day||$ 9,728/day||$ 9,142/day|
|One week ago||$ 8,571/day||$ 8,711/day||$ 8,785/day|
|One week ago||1165||947||809|
|Spot time charter||$ 8,571/day||$ 8,711/day||$ 8,785/day|
|One week ago||$ 9,358/day||$ 7,613/day||$ 8,461/day|
Transpacific dry bulk trades are starting to push the freight market to new heights recently. Chinese exports showed a year-on-year rise for the first time in ten months, while South Korea has been showing increased figures in exports for the past three months in a row.
|One week ago||739||917||729|
|Spot time charter||$ 9,358/day||$ 7,613/day||$ 8,461/day|
|One week ago||$ 6,130/day||$ 7,359/day||$ 7,622/day|
As some are expecting the dry bulk market to be in for a rebound, the demand for second hand bulkers is intensifying.
|One week ago||687||943||672|
|Spot time charter||$ 6,130/day||$ 7,359/day||$ 7,622/day|
|One week ago||$ 5,363/day||$ 7,556/day||$ 7,022/day|
|One week ago||981||922||667|
|Spot time charter||$ 5,363/day||$ 7,556/day||$ 7,022/day|
|One week ago||$ 7,381/day||$ 7,374/day||$ 6,978/day|
Today the Baltic Dry Index feel 18 points reaching 752 points. Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current levels next week on ample tonnage supply even as chartering activity is likely to increase following the end of the Chinese New Year holidays.
|One week ago||1239||968||692|
|Spot time charter||$ 7,381/day||$ 7,374/day||$ 6,978/day|
|One week ago||$ 8,987/day||$ 7,743/day||$ 7,233/day|
|One week ago||1610||970||718|
|Spot time charter||$ 8,987/day||$ 7,7343/day||$ 7,233/day|
|One week ago||$ 11,915/day||$ 7,743/day||$ 7,513/day|
|One week ago||1383||1042||739|
|Spot time charter||$ 11,915/day||$ 7,743/day||$ 7,513/day|
|One week ago||$ 10,343/day||$ 8,312/day||$ 7,729/day|