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We exclusively use data from government, customs, or government-affiliated websites to maintain reliability and public integrity. In addition, we engage directly with industry experts to gather real-time, firsthand information. Each data point is collected, verified, and aggregated following established ethical standards, ensuring that our research processes meet the rigor recommended by ESOMAR. - Transparency and Accuracy:
All data are published promptly as they become available from the source, ensuring that our insights remain current and reflective of on-ground market dynamics. We actively seek and incorporate regular feedback from industry experts, which allows us to make real-time adjustments and continuously improve the accuracy and reliability of our data. - Ethical Data Usage and Third-Party Material:
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The Baltic's exchange dry bulk sea freight index rose by 6 points to 1425 on weekending January 4th due to high rates across vessel segments
Posted on February 16, 2022 |
- The overall index, which factors in rates for Capesize, Panamax, and supramax vessels, grew 6 points to 1,425, the Capesize index gained 11 points to 1,291, and average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, increased by $94 to $10,710.
- Average daily earnings for Panamaxes, which transport 60,000-70,000 tonne coal or grain cargoes, grew by $54 to $15,939 and the supramax index registered its first gain since Dec. 13, growing by 1 point to 1,571.