* The overall index, which factors in rates for capesize,
panamax and supramax shipping vessels, rose 55 points, or 5.9%,
to 990, on Tuesday.
* The main index was up 45.4% for the month, the most since
September 2022.
* The capesize index rose 28 points, or about 4%, to
729, marking its seventh straight session of gains. It has risen
37% for the month.
* Average daily earnings for capesizes , which
typically transport 150,000-tonne cargoes such as iron ore and
coal, gained $227 at $6,042.
* The panamax index , up for the sixth straight
session, gained 104 points, or 7.9%, at 1,421.
* The index rose 35.1% for the month, marking its biggest
monthly percentage gain in five.
* Average daily earnings for panamaxes , which
usually carry coal or grain cargoes of about 60,000 to 70,000
tonnes, were up $932 at $12,785.
* Among smaller vessels, the supramax index rose 55
points to 1,105.
* Meanwhile, Dalian and Singapore iron ore futures showed
divergent trends on Tuesday due to a mixed near-term market
outlook, with the former continuing a downtrend for the fifth
consecutive session, while the latter reversed up. (Reporting by Ananya Bajpai in Bengaluru; Editing by Shilpi
Majumdar)
