Aug 25 (Reuters) – The Baltic Exchange’s main sea freight index rose on Tuesday, as higher rates for capesize vessels offset a fall in panamax and supramax segments.
* The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, was up 27 points, or 1.8%, at 1,518.
* The capesize index rose 86 points, or 3.9%, to 2,293.
* Average daily earnings for capesizes, which typically transport cargoes of 170,000 tonnes to 180,000 tonnes including iron ore and coal, rose by $708 to $19,013.
* However, the panamax index was down 3 points, or 0.2%, at 1,629, falling for the seventh straight session.
* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, fell by $31 to $14,658.
* The supramax index inched down 1 point to 964, after rising for 13 straight sessions. (Reporting by Diptendu Lahiri in Bengaluru; Editing by Krishna Chandra Eluri)
