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                    [Title] => Shipping dependent firms ailing over high freight costs
                    [Summary] => The rising costs of shipping services are becoming too heavy for domestic industries, which import raw materials and spare parts to keep afloat.


Data gathered from the Baltik-Handi Max Index (BHMI) showed prices have started to surge from June this year from about $13,000 per day to $22,000 per day this month. BHMI reflects the shipping services costs of handy-max size vessels with loading capacity of 40,000 DWAT to 53,000 DWAT.


                    [DatePublished] => 2004-01-05 00:00:00
                    [ColumnID] => 133272
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BALTIK-HANDI MAX INDEX

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                    [ArticleID] => 234044
                    [Title] => Shipping dependent firms ailing over high freight costs
                    [Summary] => The rising costs of shipping services are becoming too heavy for domestic industries, which import raw materials and spare parts to keep afloat.


Data gathered from the Baltik-Handi Max Index (BHMI) showed prices have started to surge from June this year from about $13,000 per day to $22,000 per day this month. BHMI reflects the shipping services costs of handy-max size vessels with loading capacity of 40,000 DWAT to 53,000 DWAT.


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Shipping dependent firms ailing over high freight costs

January 5, 2004 - 12:00am

The rising costs of shipping services are becoming too heavy for domestic industries, which import raw materials and spare parts to keep afloat. Data gathered from the Baltik-Handi Max Index (BHMI) showed prices...

Business