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 1478 -9.4 - - 2303 7.1 - 2219 135 6.1
3-mths 1745 -23.3 - - 3016 -18.2 - 2575 -221 -8.6
1-mth 1664 -19.5 - - 2818 -12.5 - 3369 -1015 -30.1
1-wk 1341 -0.1 - - 2460 0.2 - 2462 -108 -4.4
 
16-Jun-22 1341 - US$22,936 US$21,068 2460 - US$25,708 2462 - -
17-Jun-22 1343 0.1 US$22,961 US$21,093 2467 0.3 US$25,782 2578 116 4.7
20-Jun-22 1336 -0.5 US$22,848 US$20,981 2470 0.1 US$25,809 2596 18 0.7
21-Jun-22 1336 0.0 US$22,848 US$20,980 2471 0.0 US$25,819 2484 -112 -4.3
22-Jun-22 1338 0.1 US$22,876 US$21,008 2475 0.2 US$25,863 2349 -135 -5.4
23-Jun-22 1339 0.1 US$22,891 US$21,024 2466 -0.4 US$25,767 2354 5 0.2

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