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 617 -26.3 - 1175 -29.7 - 1413 -723 -51.2
3-mths 597 -23.8 - 977 -15.5 - 1279 -589 -46.1
1-mth 359 26.7 - 707 16.8 - 634 56 8.8
1-wk 437 4.1 - 786 5.1 - 730 -40 -5.5
 
15-Mar-19 437 - US$6,115 786 - US$8,274 730 - -
18-Mar-19 440 0.7 US$6,156 787 0.1 US$8,270 721 -9 -1.2
19-Mar-19 443 0.7 US$6,207 789 0.3 US$8,291 712 -9 -1.2
20-Mar-19 446 0.7 US$6,253 796 0.9 US$8,388 709 -3 -0.4
21-Mar-19 449 0.7 US$6,305 813 2.1 US$8,586 695 -14 -2.0
22-Mar-19 455 1.3 US$6,387 826 1.6 US$8,739 690 -5 -0.7

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