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Baltic Index Down Again on Muted Vessel Demand

Feb 8 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low on Monday on muted vessel demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser, fell four points to 293 points. […]

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WP_Post Object ( [ID] => 104885 [post_author] => 4 [post_date] => 2016-02-08 14:10:56 [post_date_gmt] => 2016-02-08 14:10:56 [post_content] =>

Photo: Shutterstock/Volodymyr KyrylyukFeb 8 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low on Monday on muted vessel demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser, fell four points to 293 points. […]

The post Baltic Index Down Again on Muted Vessel Demand appeared first on gCaptain.

[post_title] => Baltic Index Down Again on Muted Vessel Demand [post_excerpt] =>

Photo: Shutterstock/Volodymyr KyrylyukFeb 8 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low on Monday on muted vessel demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser, fell four points to 293 points. […]

The post Baltic Index Down Again on Muted Vessel Demand appeared first on gCaptain.

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