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 359 69.6 - 707 72.6 - 634 1484 234.1
3-mths 389 56.6 - 778 56.8 - 1059 1059 100.0
1-mth 497 22.5 - 1002 21.8 - 2191 -73 -3.3
1-wk 550 10.7 - 1070 14.0 - 2047 71 3.5
 
15-Aug-19 550 - US$7,666 1070 - US$11,609 2047 - -
16-Aug-19 560 1.8 US$7,800 1118 4.5 US$12,115 2088 41 2.0
19-Aug-19 569 1.6 US$7,929 1141 2.1 US$12,348 2067 -21 -1.0
20-Aug-19 579 1.8 US$8,068 1161 1.8 US$12,552 2059 -8 -0.4
21-Aug-19 591 2.1 US$8,226 1188 2.3 US$12,823 2061 2 0.1
22-Aug-19 609 3.0 US$8,465 1220 2.7 US$13,148 2118 57 2.8

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