June 29 (Reuters) – The Baltic Exchange’s most important sea freight index rose on Monday, helped by increased charges for capesize vessels and a slight uptick in supramax vessel prices.
* The Baltic dry index, which tracks prices for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, attained 45 points, or 2.6%, to 1,794.
* The index rose 12.5% very last week, marking its sixth consecutive 7 days of gains.
* The index has surged 60% so considerably this year and has cancelled out losses triggered by the coronavirus pandemic that hurt world wide trade and demand from customers for vessels.
* The Baltic capesize index attained 106 factors, or 2.5%, to 4,325.
* Normal every day earnings for capesizes, which typically transportation cargoes of 170,000 tonnes to 180,000 tonnes, which include iron ore and coal, rose by $1,137 to $30,778.
* The supramax index edged 1 level increased to 679.
* The panamax index was unchanged at 1,256 factors a higher given that Dec. 19.
* Typical day-to-day earnings for panamaxes, which typically carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, was up by $1 at $11,307. (Reporting by Nakul Iyer in Bengaluru Modifying by Ramakrishnan M.)