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 586 6.3 - 1078 -11.1 - 1387 -23 -1.7
3-mths 572 8.9 - 1135 -15.6 - 1439 -75 -5.2
1-mth 656 -5.0 - 1003 -4.5 - 1147 217 18.9
1-wk 625 -0.3 - 949 0.9 - 1237 127 10.3
 
04-Dec-18 625 - US$8,579 949 - US$10,436 1237 - -
05-Dec-18 625 0.0 US$8,582 950 0.1 US$10,438 1296 59 4.8
06-Dec-18 625 0.0 US$8,578 951 0.1 US$10,446 1339 43 3.3
07-Dec-18 625 0.0 US$8,574 953 0.2 US$10,467 1372 33 2.5
10-Dec-18 624 -0.2 US$8,567 955 0.2 US$10,491 1385 13 0.9
11-Dec-18 623 -0.2 US$8,552 958 0.3 US$10,517 1364 -21 -1.5

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