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 28,000 dwt bulk carrier.

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 BSI BDI
% Net TC Avg % Net TC Avg Difference %
6-mths 543 -36.5 - 1062 -38.9 - 1727 -1105 -64.0
3-mths 644 -46.4 - 963 -32.6 - 1003 -381 -38.0
1-mth 451 -23.5 - 701 -7.4 - 1112 -490 -44.1
1-wk 302 14.2 - 478 35.8 - 608 14 2.3
 
13-Feb-19 302 - US$4,153 478 - US$5,352 608 - -
14-Feb-19 311 3.0 US$4,262 526 10.0 US$5,853 628 20 3.3
15-Feb-19 315 1.3 US$4,317 560 6.5 US$6,203 639 11 1.8
18-Feb-19 322 2.2 US$4,412 594 6.1 US$6,519 643 4 0.6
19-Feb-19 335 4.0 US$4,603 625 5.2 US$6,801 635 -8 -1.2
20-Feb-19 345 3.0 US$4,739 649 3.8 US$7,023 622 -13 -2.0

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