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 381 34.9 - 783 -4.9 - 1043 321 30.8
3-mths 539 -4.6 - 1022 -27.1 - 1950 -586 -30.1
1-mth 656 -21.6 - 1223 -39.1 - 1916 -552 -28.8
1-wk 550 -6.5 - 865 -13.9 - 1428 -64 -4.5
 
07-Nov-19 550 - US$7,557 865 - US$9,240 1428 - -
08-Nov-19 539 -2.0 US$7,419 824 -4.7 US$8,814 1378 -50 -3.5
11-Nov-19 533 -1.1 US$7,336 796 -3.4 US$8,530 1345 -33 -2.4
12-Nov-19 526 -1.3 US$7,248 774 -2.8 US$8,301 1354 9 0.7
13-Nov-19 521 -1.0 US$7,174 758 -2.1 US$8,123 1365 11 0.8
14-Nov-19 514 -1.3 US$7,084 745 -1.7 US$7,988 1364 -1 -0.1

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