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 483 -1.2 - 755 19.9 - 1055 956 90.6
3-mths 397 20.2 - 718 26.0 - 749 1262 168.5
1-mth 420 13.6 - 716 26.4 - 1085 926 85.3
1-wk 458 4.1 - 835 8.4 - 1759 252 14.3
 
09-Jul-19 458 - US$6,386 835 - US$9,122 1759 - -
10-Jul-19 463 1.1 US$6,452 845 1.2 US$9,231 1777 18 1.0
11-Jul-19 468 1.1 US$6,525 860 1.8 US$9,402 1816 39 2.2
12-Jul-19 472 0.9 US$6,580 879 2.2 US$9,606 1865 49 2.7
15-Jul-19 472 0.0 US$6,578 888 1.0 US$9,719 1928 63 3.4
16-Jul-19 477 1.1 US$6,647 905 1.9 US$9,912 2011 83 4.3

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