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 729 -22.4 - - 1249 -23.6 - 1480 -219 -14.8
3-mths 428 32.2 - - 674 41.5 - 893 368 41.2
1-mth 596 -5.0 - - 1012 -5.7 - 1643 -382 -23.3
1-wk 576 -1.7 - - 937 1.8 - 1263 -2 -0.2
 
11-Apr-25 582 - US$9,961 US$8,093 939 - US$9,345 1274 - -
14-Apr-25 577 -0.9 US$9,870 US$8,002 936 -0.3 US$9,312 1282 8 0.6
15-Apr-25 576 -0.2 US$9,847 US$7,979 937 0.1 US$9,315 1263 -19 -1.5
16-Apr-25 572 -0.7 US$9,781 US$7,914 943 0.6 US$9,388 1241 -22 -1.7
17-Apr-25 569 -0.5 US$9,724 US$7,857 950 0.7 US$9,473 1261 20 1.6
22-Apr-25 566 -0.5 US$9,674 US$7,806 954 0.4 US$9,518 1261 0 0.0

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