stuntcrasher| Baltic Dry freight index hits a week low

Gelonghui May 14| BalticstuntcrasherChina's Sea Dry Freight Index fell to a more than a week low on Tuesday as demand for various ship types fell. The Baltic Dry freight index fell 73 points or 3stuntcrasher.53%, to 1993, the lowest level since May 3. The capesize freight index fell 177 points, or 5.69%, to 2931 points. Average daily profit for capesize ships fell $1462 to $24311. The Panamax freight index fell 39 points, or 1.93%, to 1978. The average daily profit of Panamax ships dropped by US$358 to US$17799. The ultra-flexible bulk carrier freight index fell 10 points or 0.67%, to 1475 points.

stuntcrasher| Baltic Dry freight index hits a week low

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