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June 16 (Reuters) \u2013 The Baltic Exchange\u2019s main sea freight index rose to more than a six-month high on Tuesday, boosted by stronger demand for capesize and panamax vessels.<\/p>\n
<\/p>\n
* The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 81 points, or about 8.3%, to 1,054, its highest since Dec. 24.<\/p>\n
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* The Baltic capesize index jumped 206 points, or about 12.5% to 1,854, its highest since Dec. 24.<\/p>\n
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* Iron ore future in China gained on Tuesday, on robust demand from China\u2019s steel mills and concerns over supply.<\/p>\n
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* \u201cThe gradual re-opening of all countries and the intensified interest for restocking have given a boost to the dry bulk market,\u201d Allied Shipbroking said in a weekly note on Monday.<\/p>\n
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* Average daily earnings for capesizes, which typically transport cargoes of 170,000 tonnes to 180,000 tonnes, including iron ore and coal, increased by $1,489 to $14,786.<\/p>\n
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* The panamax index gained 65 points, or 7.4%, to 949.<\/p>\n
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* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, rose $586 to $8,545.<\/p>\n
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* The supramax index rose 12 points, or 2%, to 624. (Reporting by Anjishnu Mondal; Editing by Ramakrishnan M.)<\/p>\n
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(c) Copyright Thomson Reuters 2019.<\/em><\/p>\n gCaptain<\/p>\n","protected":false},"excerpt":{"rendered":" June 16 (Reuters) \u2013 The Baltic Exchange\u2019s main sea freight index rose to more than a six-month high on Tuesday, boosted by stronger demand for capesize and panamax vessels. * The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 81 points, …<\/p>\n","protected":false},"author":1,"featured_media":11801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1559,2231,1560,2123,1449,6218],"class_list":["post-11800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marine-world","tag-baltic","tag-dry","tag-index","tag-months","tag-time","tag-tops"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/11800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=11800"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/11800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/11801"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=11800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=11800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=11800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}