Industry information

Baltic Exchange Indices

The Baltic Exchange Handysize Index (BHSI) was formally launched in 2007 and is a measure of the strength of spot freight earnings for smaller dry bulk vessels, currently based on a standard 38,000 dwt bulk carrier (since 2 Jan 2020).

The Baltic Exchange Supramax Index (BSI) was officially launched in 2006 and is currently based on a standard 58,000 dwt bulk carrier.

The BHSI and BSI reflect average spot market TCE earnings across several representative routes.

The Baltic Exchange Dry Index (BDI) is the dry bulk freight market indicator comprising several key routes across the Capesize, Panamax and Supramax segments.

Key: BDI = Baltic Exchange Dry Index
BSI = Baltic Exchange Supramax Index
BHSI = Baltic Exchange Handysize Index

Baltic Indices

BHSI 38,000 BHSI 28,000 BSI BDI
% Net TC Avg* Net TC Avg* % Net TC Avg* Difference %
6-mths 484 27.7 - - 909 29.2 - 1194 558 46.7
3-mths 623 -0.8 - - 1247 -5.9 - 1755 -3 -0.2
1-mth 594 4.0 - - 1027 14.3 - 1518 234 15.4
1-wk 567 9.0 - - 1058 11.0 - 1581 171 10.8
 
15-Feb-24 567 - US$9,702 US$7,835 1058 - US$11,058 1581 - -
16-Feb-24 572 0.9 US$9,773 US$7,905 1071 1.2 US$11,194 1610 29 1.8
19-Feb-24 577 0.9 US$9,867 US$7,999 1090 1.8 US$11,386 1629 19 1.2
20-Feb-24 596 3.3 US$10,195 US$8,328 1129 3.6 US$11,795 1632 3 0.2
21-Feb-24 613 2.9 US$10,480 US$8,613 1154 2.2 US$12,057 1676 44 2.7
22-Feb-24 618 0.8 US$10,560 US$8,693 1174 1.7 US$12,272 1752 76 4.5

Source: The Baltic Exchange
* Net TC Average excludes 5% commission

Cookies and Privacy Policy

We use cookies to enhance user experience, as well as to provide reporting information. You can provide your consent by clicking “Accept and close”. You are free at any time to block or delete cookies through your browser.

Accept and close Read More