{"id":54042,"date":"2025-01-03T17:35:53","date_gmt":"2025-01-03T14:35:53","guid":{"rendered":"https:\/\/www.al-sindbad.net\/large-vessel-rates-firm-baltic-index-rises\/54042\/"},"modified":"2025-01-03T17:35:53","modified_gmt":"2025-01-03T14:35:53","slug":"large-vessel-rates-firm-baltic-index-rises","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/large-vessel-rates-firm-baltic-index-rises\/54042\/","title":{"rendered":"Large Vessel Rates Firm, Baltic Index Rises"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"meta\">&#13;<br \/>\n            <meta itemprop=\"datePublished\" content=\"2025-01-03T09:34:32.0000000\"\/>&#13;<br \/>\n            <span class=\"date\">January 3, 2025<\/span>&#13;<br \/>\n            <meta itemprop=\"dateModified\" content=\"2025-01-03T09:34:32.0000000\"\/>&#13;\n        <\/p>\n<div class=\"images-wrapper single\">\n<div class=\"images\">\n<div class=\"image active\">\n                <\/p>\n<p>&#13;<br \/>\n                        Copyright Timon\/AdobeStock&#13;\n                    <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div property=\"articleBody\">\n<p>The Baltic Exchange&#8217;s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel rates.<\/p>\n<p>The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 43 points to 1,072 points.<\/p>\n<p>Average daily earnings for capesize vessels, which typically transport 150,000-ton cargoes such as iron ore and coal, increased by $948 to $11,407.<\/p>\n<p>Meanwhile, the most-traded May iron ore contract on China&#8217;s Dalian Commodity Exchange (DCE) ended daytime trade 2.18% lower at 764 yuan ($104.66) a ton, mainly dragged down by seasonally diminishing demand for the key steelmaking ingredient. <\/p>\n<p>Average daily earnings for panamax vessels, which usually carry 60,000-70,000 tons of coal or grain cargo, rose $353 to $9,358.<\/p>\n<p>(Reuters)<\/p>\n<\/p><\/div>\n<\/div>\n<p>maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#13; &#13; January 3, 2025&#13; &#13; &#13; Copyright Timon\/AdobeStock&#13; The Baltic Exchange&#8217;s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel rates. The index, which factors in rates for capesize, panamax and supramax shipping vessels, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":54043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-54042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/54042","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=54042"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/54042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/54043"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=54042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=54042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=54042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}