Slip Baltic Index in Lower Castesize, Panamax Rate
The Transportation Index of Sea Utik Baltik, which measures the tariff for ships carrying dry bulk commodities, falls on Monday, is pressed by lower tariffs for capsize ships and Panamax.
* The main index of BBDI, which tracks the tariff for capsize, Panamax and Supramax Shipping Vessels, down 13 points, or 0.6%, to 2,038 points. The index took three sessions in a row.
* CAPESIZE Index (.BACI) dropped by 25 points, or 0.8%, in 3,317, took a three -day victory.
* The average daily income for cotton vessels (.batca), which usually transports 150,000 tons of cargo such as iron ore and coal, down $ 210 to $ 27,506.
* Iron ore rises, supported by strong restocking requests from steel factory in China in the middle of a healthy profit margin and low inventory, despite the expectations of production cuts in North China to limit profits.
* Among the smaller ships, the Supramax Index (.Bsis) added 5 points, or 0.4%, to 1,325. The index registered session session session in a row.
* Panamax Index (.BPNI) dropped to the lowest one month and dropped 21 points, or 1.3%, at 1,614. The index down to the lowest level since July 8.
* The average daily income for Panamax ships (.BPWT), which usually carries 60,000-70,000 tons of coal or seeds, down $ 183 to $ 14,529.
* Elsewhere, the Liquid Natural Gas Tanker (LNG) targeted by US sanctions has anchored at the Russian 2 Arctic LNG factory, the fourth ship that did this this year, ship data from the KPler and LSEG showed.
Source: Reuters