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 390 66.9 - 732 66.9 - 790 1065 134.8
3-mths 486 34.0 - 953 28.2 - 2130 -275 -12.9
1-mth 691 -5.8 - 1292 -5.4 - 2266 -411 -18.1
1-wk 658 -1.1 - 1218 0.3 - 1924 -69 -3.6
 
11-Oct-19 658 - US$9,050 1218 - US$12,922 1924 - -
14-Oct-19 656 -0.3 US$9,022 1223 0.4 US$12,961 1916 -8 -0.4
15-Oct-19 656 0.0 US$9,017 1227 0.3 US$12,989 1898 -18 -0.9
16-Oct-19 655 -0.2 US$8,997 1226 -0.1 US$12,969 1897 -1 -0.1
17-Oct-19 653 -0.3 US$8,969 1224 -0.2 US$12,943 1861 -36 -1.9
18-Oct-19 651 -0.3 US$8,944 1222 -0.2 US$12,915 1855 -6 -0.3

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