* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped 23 points, or 1.6%, to 1,412.
* The capesize index dipped 49 points, or 2.7%, to 1,801.
* Average daily earnings for capesizes , which
typically transport 150,000-tonne cargoes carrying commodities
such as iron ore and coal, decreased $405 to $14,939.
* The panamax index was down 27 points, or 1.6%, to
1,675.
* Average daily earnings for panamaxes , which
usually carry coal or grain cargoes of about 60,000 to 70,000
tonnes, decreased $241 to $15,076.
* Iron ore futures were subdued on persistent worries about
demand prospects for the steelmaking ingredient in China and
caution ahead of a raft of Chinese economic data releases.
* Among smaller vessels, the supramax index edged up
2 points to 1,098.
(Reporting by Rahul Paswan in Bengaluru;)
