Baltics have fallen in capesize since the lowest fall in 7 months

Baltics have fallen in capesize since the lowest fall in 7 months ...

Dec 22 - The Baltic Exchange's dry bulk maritime freight index declined on Wednesday, on account of the recent fall in rates in capesize boats, a rate that hasn't been recorded since June.

* The total index, which is the largest index of capesizes, panamax, and supramax vessels, lost 65 points, or 2,8 %, to 2 229, the lowest since April 14.

* The rate for the vessels has risen over the last week.

The capesize index drops to its lowest since June 8 at 2.145.

* The average daily earnings for capesizes transport 150,000 tonnes of cargoes like iron ore and coal decreased by 1 725 to 20 363 dollars.

* Benchmark Dalian and Singapore Steel Ore Futures fell on the slumber as concerns over COVID-19 curbs in China and the imminent off-season for construction activities in the world's largest steel producer sank.

* The panamax index was 73 points. 3,2%, to 2,384, ending its 10-session losing streak.

* Daily income for panamaxes, which carry 60,000-70,000 tonnes coal and grain cargoes, increased by 664,-$211,460.

* The index with supramax fell 46 points from its lowest in three weeks at the age of 337.

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