{"id":47035,"date":"2016-05-10T16:50:32","date_gmt":"2016-05-10T16:50:32","guid":{"rendered":"https:\/\/splash247.com\/?p=47035"},"modified":"2016-05-11T08:32:30","modified_gmt":"2016-05-11T08:32:30","slug":"baltic-dry-index-dips-below-600-points-again","status":"publish","type":"post","link":"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/","title":{"rendered":"Baltic Dry Index dips below 600 points again"},"content":{"rendered":"<p>The Baltic Dry Index (BDI) has fallen 22 points to reach 594 today, the sharpest drop seen since mid-November 2015.<\/p>\n<p>The capesize market was the biggest contributor to the BDI&#8217;s sharp contraction, thanks to muted chartering activity on major routes and lower rates.<\/p>\n<p>The Baltic Capesize Index (BCI) reached 752 points today, 85 points lower than Monday and some 408 points lower than its six-month high of 1,160, seen on April 27.<\/p>\n<p>Likewise, the BCI&#8217;s weighted timecharter average (TCA) rate fell $667 from Monday&#8217;s level to $5,946 per day. Like the BCI, the TCA rate reached a six-month peak on April 27 of $9,170 per day.<\/p>\n<p>Spot rates today fell on all capesize benchmark routes, particularly for voyages from Brazil to China and to the Continent.<\/p>\n<p>The Baltic indices for handysizes, panamaxes and supramaxes declined too, but all by less than 10 points.<\/p>\n<p>In the period market, KC Maritime&#8217;s panamax \r\n\t\t\t<span style=\"color:#00adeb;\" class=\"mt_tooltip\" data-mturl=\"\/en\/ais\/details\/ships\/shipid:686167\/mmsi:477188600\/vessel:686167\"  data-mmsi=\"477188600\" data-imo=\"9288411\" data-dwt=\"76520\" data-yob=\"2005\" data-typename=\"Bulk Carrier\" data-typecolor=\"7\" data-countrycode=\"HK\" data-country=\"Hong Kong\" data-info=\"Bulk Carrier [HK]\" data-photourl=\"http:\/\/photos.marinetraffic.com\/ais\/showphoto.aspx?shipid=686167\" data-assetname=\"DARYA UMA\" data-assettype=\"Vessel\"><em>Darya Uma<\/em><\/span><img decoding=\"async\" style=\"display:none\" src=\"http:\/\/photos.marinetraffic.com\/ais\/showphoto.aspx?shipid=686167\" \/>\u00a0(76,520 dwt, built 2005) was reported fixed for four to seven months to an unnamed charterer at $5,400 daily, a slight discount on six-month fixtures seen previously. The vessel will deliver in Qingdao, China between May 15-17, according to Baltic Exchange data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Baltic Dry Index (BDI) has fallen 22 points to reach 594 today, the sharpest drop seen since mid-November 2015. The capesize market was the biggest contributor to the BDI&#8217;s sharp contraction, thanks to muted chartering activity on major routes and lower rates. The Baltic Capesize Index (BCI) reached 752 points today, 85 points lower &hellip;<\/p>\n","protected":false},"author":2,"featured_media":40146,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[80,57,70],"tags":[299,103,325],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Baltic Dry Index dips below 600 points again - Splash247<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baltic Dry Index dips below 600 points again - Splash247\" \/>\n<meta property=\"og:description\" content=\"The Baltic Dry Index (BDI) has fallen 22 points to reach 594 today, the sharpest drop seen since mid-November 2015. The capesize market was the biggest contributor to the BDI&#8217;s sharp contraction, thanks to muted chartering activity on major routes and lower rates. The Baltic Capesize Index (BCI) reached 752 points today, 85 points lower &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/\" \/>\n<meta property=\"og:site_name\" content=\"Splash247\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/Splash247\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-10T16:50:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-05-11T08:32:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"957\" \/>\n\t<meta property=\"og:image:height\" content=\"595\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Holly Birkett\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@http:\/\/www.twitter.com\/HJBirkett\" \/>\n<meta name=\"twitter:site\" content=\"@splash_247\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Holly Birkett\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/\"},\"author\":{\"name\":\"Holly Birkett\",\"@id\":\"https:\/\/splash247.com\/#\/schema\/person\/b82fefd1dc7509f3077df7c494c1bb08\"},\"headline\":\"Baltic Dry Index dips below 600 points again\",\"datePublished\":\"2016-05-10T16:50:32+00:00\",\"dateModified\":\"2016-05-11T08:32:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/\"},\"wordCount\":187,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/splash247.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323.jpg\",\"keywords\":[\"Baltic Dry Index\",\"Editor's Picks\",\"Fixtures\"],\"articleSection\":[\"Asia\",\"Dry Cargo\",\"Europe\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/\",\"url\":\"https:\/\/splash247.com\/baltic-dry-index-dips-below-600-points-again\/\",\"name\":\"Baltic Dry Index dips below 600 points again - 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The capesize market was the biggest contributor to the BDI&#8217;s sharp contraction, thanks to muted chartering activity on major routes and lower rates. 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She is currently based in London.","sameAs":["https:\/\/www.linkedin.com\/profile\/view?id=51632069","https:\/\/twitter.com\/http:\/\/www.twitter.com\/HJBirkett"],"url":"https:\/\/splash247.com\/author\/hollyb\/"}]}},"jetpack_featured_media_url":"https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323.jpg","uagb_featured_image_src":{"full":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323.jpg",957,595,false],"thumbnail":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323-150x150.jpg",150,150,true],"medium":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323-300x187.jpg",300,187,true],"medium_large":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323-768x477.jpg",768,477,true],"large":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323.jpg",957,595,false],"1536x1536":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323.jpg",957,595,false],"2048x2048":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323.jpg",957,595,false],"jannah-image-small":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323-220x150.jpg",220,150,true],"jannah-image-large":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323-390x220.jpg",390,220,true],"jannah-image-post":["https:\/\/splash247.com\/wp-content\/uploads\/2015\/07\/Berge-Bulk-e1600067088323-780x470.jpg",780,470,true]},"uagb_author_info":{"display_name":"Holly Birkett","author_link":"https:\/\/splash247.com\/author\/hollyb\/"},"uagb_comment_info":1,"uagb_excerpt":"The Baltic Dry Index (BDI) has fallen 22 points to reach 594 today, the sharpest drop seen since mid-November 2015. The capesize market was the biggest contributor to the BDI&#8217;s sharp contraction, thanks to muted chartering activity on major routes and lower rates. The Baltic Capesize Index (BCI) reached 752 points today, 85 points lower&hellip;","views":"9","_links":{"self":[{"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/posts\/47035"}],"collection":[{"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/comments?post=47035"}],"version-history":[{"count":0,"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/posts\/47035\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/media\/40146"}],"wp:attachment":[{"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/media?parent=47035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/categories?post=47035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/splash247.com\/wp-json\/wp\/v2\/tags?post=47035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}