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 707 -19.1 - - 1264 -26.4 - 1890 -221 -11.7
3-mths 618 -7.4 - - 959 -3.0 - 1051 618 58.8
1-mth 472 21.2 - - 765 21.6 - 792 877 110.7
1-wk 556 2.9 - - 864 7.6 - 1400 269 19.2
 
07-Mar-25 556 - US$9,503 US$7,635 864 - US$8,445 1400 - -
10-Mar-25 561 0.9 US$9,586 US$7,718 864 0.0 US$8,448 1424 24 1.7
11-Mar-25 564 0.5 US$9,638 US$7,770 864 0.0 US$8,446 1436 12 0.8
12-Mar-25 569 0.9 US$9,723 US$7,856 872 0.9 US$8,542 1559 123 8.6
13-Mar-25 570 0.2 US$9,749 US$7,881 895 2.6 US$8,810 1650 91 5.8
14-Mar-25 572 0.4 US$9,783 US$7,915 930 3.9 US$9,232 1669 19 1.2

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