Friday, 22 September 2017 12:31

Market Report - September 22, 2017

The overall index rose 34 points, or 2.4 percent, to 1,449 points – its highest level since November 5, 2014,  The capesize index climbed 138 points, or 5.07 percent, to 2,861 points, its biggest gain since November 25, 2014 with average daily earnings for capesizes increasing from USD 897 to USD 20,694.


Average daily earnings for panamaxes fell by USD 33 to USD 12,310 slipping 5 points while the supramax index gained 16 points to 1,033 points, while the handysize index rose 14 points to 576 points.

 
        Capesize          Panamax            Supramax 
Index          3147         1493       1061
One week ago         2685         1521         977
Spot time charter       $   22,392/day  $   12,006/day  $ 10,723/day 
One week ago    $   19,614/day  $   12,224/day  $ 10,270/day    

 

Read 120 times Last modified on Friday, 22 September 2017 12:35
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