in 2018, according to data compiled by the Baltic Exchange.
hitting 321,962 lots*, volumes in the dry market were up by 1.4% to 1,196,929
lots, its strongest performance since 2008, while dry options volumes increased
by 44% to 268,976 lots, finding similar levels to 2016.
panamax volumes grew by 10% and now account for nearly half (48%) of all dry
FFA trades. Capesize volumes were down slightly on 2017, dropping 4.5% to
accounting for nearly a third (31%) of all trades, with capesize volumes
improving 37% to 182,575 lots to take a 68% share of the total. Supramax lots
were down 3.5% (3,414 lots) on 2017 levels, accounting for the final 1% of the
on January 2, 2019, up 25% on January 2, 2018. Dry option open interest is also
up with 185,724 lots open on January 2, 2019, up 57% on January 2, 2018.
reaching 191,224 lots. Much of this growth took place in the final quarter of
2018 when an average of 5691 lots were traded each week. Clean volumes for the
year were down 10% at 130,738 lots.
ocean transportation of cargo.
World Maritime News.