Here is how the various Baltic Exchange shipping indices fared for the week ending 14 August.

  • Baltic Dry Index (BDI)-10.3%
  • Baltic Capesize Index (BCI): -14.4%
  • Baltic Panamax Index (BPI): -6.1%
  • Baltic Supramax Index (BSI): +1.4%
  • Baltic Handysize Index (BHSI): -0.7%

  • Baltic Dirty Tanker (BDTI):  +5.2%
  • Baltic Clean Tanker (BCTI): -4.2%

Here are the results of the corresponding stock indices, courtesy of Capital Link Shipping:

  • CL Dry Bulk Index: -1.5%
  • CL Tanker Index: +0.3%

Drybulk shipping rates continue to slide but related stock prices are holding up OK. These days the BDI seems to have little effect on stock prices. Oil tanker owners are starting to see an uptick in rates, especially for Suezmax tankers.

I apologize for the light posting over the last few weeks. I plan to get back to daily writing for this site.

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