July 7 (Reuters) – Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, snapped a five-session losing streak on Wednesday on the back of strength in the capesize vessel segment.
* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 62 points, or about 2%, to 3,241.
* The capesize index was up 206 points, or 6.3%, at 3,499.
* Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient iron ore, increased by $1,709 to $29,018.
* The panamax index eased 10 points, or 0.2% to 4,150.
* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,00 tonnes, declined by $90 to $37,347.
* The supramax index fell 11 points to 2,909. (Reporting by Eileen Soreng in Bengaluru; Editing by Aditya Soni)
