Baltic index rises as all ship sectors gain
2025-10-16 23:04:11

The Baltic Exchange's dry bulk shipping index, which monitors freight rates for ships transporting dry bulk commodities, edged up on Thursday, driven by gains across all vessel sectors.
The main index measuring freight rates for Capesize, Panamax and Supramax vessels rose 49 points, or 2.5%, to 2,046.
On Tuesday, Washington and Beijing began imposing additional port fees on ocean carriers transporting everything from holiday toys to crude oil.
“Container freight rates are trending more positively due to the impact of Chinese port charges as U.S. port charges come into effect,” Jefferies analysts said in a note.
The capesize index rose 142 points, or 4.9%, to 3,058.
Average daily earnings for capesize vessels, which typically carry 150,000 tonne cargoes such as iron ore and coal, rose by $1,173 to $25,358.
Dalian iron ore futures extended their decline on Thursday, hitting their lowest point in more than six weeks, dragged down by expectations of lower demand from top consumer China.
The panamax index rose 5 points to 1,826, its highest level since Sept. 26.
Average daily earnings for Panamax vessels, which typically carry 60,000-70,000 tonnes of coal or grain, rose $47 to $16,433.
Among smaller vessels, the supramax index rose 4 points to 1,422.
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