Baltic Indices for Last Week

Here is how the various Baltic Exchange shipping indices fared for the week ending 31 July.

• Baltic Dry Index (BDI): +0.1%
• Baltic Capesize Index (BCI): +4.2%
• Baltic Panamax Index (BPI): -9.7%
• Baltic Supramax Index (BSI): -0.4%
• Baltic Handysize Index (BHSI): +0.9%
  
• Baltic Dirty Tanker (BDTI): -1.3%
• Baltic Clean Tanker (BCTI): +4.7%

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

• CL Dry Bulk Index: -1.3%
• CL Tanker Index: -1.3%

For the week, it looks like all of the action was in the Panamax class of bulk freighters.  Spot dirty tankers continue to struggle at break even rates or a little worse. Maritime stocks slid for the week in contrast to the overall market.