This Domain is for Sale. To make an offer please get contact.
Make an Offer
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result
No Result
View All Result
Maritime and Salvage Wolrd News - Latest Ship Technologies
No Result
View All Result

Baltic Dry Index Logs First Gain of 2016

marinesalvage by marinesalvage
January 12, 2024
in News
0
bow of a dry bulk carrier at anchor
bow of a dry bulk carrier at anchor

Baltic Dry Index Logs First Gain of 2016

ReutersFeb 12 (Reuters) – The Baltic Exchange’s foremost sea freight index, monitoring charges for ships carrying dry bulk commodities, rose for the primary time this yr on Friday, helped by increased charges for panamax vessels.

However, the dry bulk market is anticipated to stay below stress as a dark outlook for world demand persists.

The general index, which gauges the price of transport sources together with iron ore, cement, grain, coal and fertiliser, marginally rose by some extent to 291 factors on Friday.

The index remained flat on Thursday after a 12 day shedding streak.

The index touched an all-time low of 290 factors on Wednesday, marking the bottom stage for the reason that information started in 1985.

The dry bulk sector has been significantly damage by slower Chinese enterprise at a time when the sector is fighting enormous overcapacity.

The capesize index was down 7 factors at 199 factors.

Average each day earnings for capesizes, which usually transport 150,000-tonne cargoes comparable to iron ore and coal, fell $58 to $2,698.

The panamax index was up 12 factors, or 3.85 p.c, at 324 factors. Average each day earnings for panamaxes have been up by $94 at $2,597.

Among smaller vessels each supramax index and handysize index slipped some extent to 243 and 183 factors respectively. (Reporting by Swati Verma in Bengaluru; Editing by Greg Mahlich)

(c) Copyright Thomson Reuters 2016.

Source of This New

Tags: baltic dry index
Previous Post

New Hybrid-drive Tug is First on South America’s West Coast

Next Post

U.S. Touts ‘Batman’ Destroyer as Obama Courts Asean Leaders

Related Posts

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located
News

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located

July 13, 2024
capesize bulk carrier terminal iron ore dry bulk
News

Capesize Rates at Six-Year Lows, Could Slide Further

July 13, 2024
jennifer turecamo moran tug chesapeake bay winter
News

Cold Morning on the Chesapeake

July 13, 2024
Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV
News

Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

July 13, 2024
Eco Marine Power and Nakashima Propeller Cooperate on Composites
News

Eco Marine Power and Nakashima Propeller Cooperate on Composites

July 12, 2024
odfjell
News

Odfjell Announces Layoffs, Reduction of European Officers

July 12, 2024
Next Post
U.S. Touts ‘Batman’ Destroyer as Obama Courts Asean Leaders

U.S. Touts ‘Batman’ Destroyer as Obama Courts Asean Leaders

Quick Search

No Result
View All Result

Recent Posts

  • Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located July 13, 2024
  • Capesize Rates at Six-Year Lows, Could Slide Further July 13, 2024
  • Cold Morning on the Chesapeake July 13, 2024
  • Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV July 13, 2024
  • Eco Marine Power and Nakashima Propeller Cooperate on Composites July 12, 2024

Categories

  • Informative
  • Law & Regulations
  • News
  • Technology
  • Tug&Barge&Salvage
Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located
News

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located

by marinesalvage
July 13, 2024
0

Hunt for Black Boxes Still On After AirAsia Plane’s Tail Located By Fathiya Dahrul and Rieka Rahadiana (Bloomberg) — Divers...

Read more
capesize bulk carrier terminal iron ore dry bulk

Capesize Rates at Six-Year Lows, Could Slide Further

July 13, 2024
jennifer turecamo moran tug chesapeake bay winter

Cold Morning on the Chesapeake

July 13, 2024
Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

Video: Aboard the Mighty CSCL Globe in Felixstowe – ShippingTV

July 13, 2024
Eco Marine Power and Nakashima Propeller Cooperate on Composites

Eco Marine Power and Nakashima Propeller Cooperate on Composites

July 12, 2024
Maritime and Salvage Wolrd News - Latest Ship Technologies

© 2023 - Marine-Salvage.net

Navigate Site

  • Home Page
  • Privacy Policy
  • Contact Us
  • About Us

Follow Us

No Result
View All Result
  • Home
  • News
  • Technology
  • Law & Regulations
  • Informative
  • Tug&Barge&Salvage

© 2023 - Marine-Salvage.net

Manage Cookie Consent
We use cookies to optimize our website and our service.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}