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 675 -41.9 - 1144 -32.4 - 1546 -696 -45.0
3-mths 409 -4.2 - 607 27.3 - 939 -89 -9.5
1-mth 455 -13.8 - 826 -6.4 - 690 160 23.2
1-wk 394 -0.5 - 726 6.5 - 767 83 10.8
 
15-Apr-19 399 - US$5,683 714 - US$7,597 738 - -
16-Apr-19 397 -0.5 US$5,653 718 0.6 US$7,642 749 11 1.5
17-Apr-19 394 -0.8 US$5,618 726 1.1 US$7,716 767 18 2.4
18-Apr-19 390 -1.0 US$5,568 732 0.8 US$7,789 790 23 3.0
23-Apr-19 391 0.3 US$5,580 751 2.6 US$7,983 821 31 3.9
24-Apr-19 392 0.3 US$5,587 773 2.9 US$8,189 850 29 3.5

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