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UPDATE 1-Baltic index logs record jump as capesize demand spikes

The Baltic Exchange's main sea freight index recorded its biggest ever daily percentage jump on Wednesday, propelled by surging capesize rates due to a spike in iron-ore shipments. [Source]

Publication Date:

Origin: reuters.com

Category: companyNews

Topics: capesize, shipments, in iron-ore, spike, rates, surging, propelled, on Wednesday, percentage, daily, biggest, recorded, freight index, Exchange's, Baltic, spikes, demand, record, index, 1-Baltic, UPDATE

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/nBgeLwzUGmg/update-1-baltic-index-logs-record-jump-as-capesize-demand-spikes-idUSL4N2DU36C