Diana Shipping inc. common stock (DSX) Social Stream
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$SHIP The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest in more than 11 years on Friday, fuelled by strong demand across vessel segments.bigshipper, published August 13, 2021
* The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, jumped to 3,566, up about 2% or 63 points, at its highest level since mid 2010.
* The main index also registered a 5.8% gain for the week, its best in eight.
* The capesize index advanced to a four-month high at 4,766 points, or 3.4%. The capesize segment also marked a fourth straight weekly rise, up 9.3%.
* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, rose by $1,309 to $39,526. $DSX $SB $CTRM