With the Baltic Exchange’s deadline for assessing feedback to its proposed changes to the Baltic Dry Index (BDI) expiring today, the subsidiary of the Singapore Exchange is expected to push ahead with plans to eject handysize ships.
Broking sources indicate that the Baltic is ready to impose a 40% capesize, 30% panamax and 30% supramax weighting to the general shipping industry index in defiance of opposition from some brokers and owners to dropping handysize vessels.
