* The overall index, which factors in rates for capesize,
panamax and supramax shipping vessels, lost 13 points, or 0.8%,
at 1,545, its lowest in more than a week.
* The panamax index lost 26 points, or 1.7%, to hit
its lowest in more than two months at 1,514.
* Average daily earnings for panamaxes , which
usually carry coal or grain cargoes of about 60,000 to 70,000
tonnes, decreased $232 to $13,630.
* Among smaller vessels, the supramax index fell 18
points to 1,105.
* "During this month, China (and India) are expected to
increase coal purchases, which could be a bullish driver,"
shipbroker Fearnleys wrote in a weekly report, referring to the
supramax index.
* The capesize index was unchanged at 2,325.
* Average daily earnings for capesizes , which
typically transport 150,000-tonne cargoes carrying commodities
such as iron ore and coal, firmed at $19,283.
* Dalian and Singapore iron ore futures hit five-month lows,
following a more than 10% drop in the past month, with the
weaker-than-expected China factory activity data and gloomy
near-term downstream demand outlook weighing on sentiment. (Reporting by Ananya Bajpai in Bengaluru; Editing by Subhranshu
Sahu)
