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 611 -30.0 - 977 -25.5 - 1395 -260 -18.6
3-mths 440 -2.7 - 787 -7.5 - 721 414 57.4
1-mth 385 11.2 - 780 -6.7 - 1040 95 9.1
1-wk 414 3.4 - 714 2.0 - 1105 30 2.7
 
11-Jun-19 414 - US$5,892 714 - US$7,722 1105 - -
12-Jun-19 416 0.5 US$5,925 712 -0.3 US$7,701 1080 -25 -2.3
13-Jun-19 419 0.7 US$5,956 710 -0.3 US$7,689 1062 -18 -1.7
14-Jun-19 420 0.2 US$5,962 716 0.8 US$7,744 1085 23 2.2
17-Jun-19 422 0.5 US$5,988 720 0.6 US$7,792 1093 8 0.7
18-Jun-19 428 1.4 US$6,059 728 1.1 US$7,888 1135 42 3.8

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