PrivateAnastasia @PrivateAnastasia: "The Baltic Exchange's main sea..."

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The Baltic Exchange's main sea freight index, which measures the cost of shipping goods worldwide, was down for the second session on Thursday, falling about 1.1% to an over two-week low of 2,411 points, amid lower rates across the board. $FCX (Freeport-McMoRan Inc) $AA (Alcoa) "In the North Atlantic, a surplus of vessels has led to a softer market, giving charterers the upper hand to negotiate lower rates and favorable terms. This scenario contrasts with the South Atlantic, which is performing well due to increased activity and higher rates driven by regional demand", shipbroker Fearnleys wrote in a weekly note. The capesize index, which tracks vessels typically transporting 150,000-tonne cargoes such as iron ore and coal, decreased by 0.7% to 4,276 points; $SHIP (Seanergy Maritime Holdings Corp) $SBLK (Star Bulk Carriers Corp.) and the panamax index, which tracks ships that usually carry coal or grain cargoes of about 60,000 to 70,000 tonnes, slid 2% to its lowest since mid-November at 1,915 points. Among smaller vessels, the supramax index fell 1.4% to a two-week low of 1,442 points. $MCHI $PAVE tradingeconomics.com/commodity/baltic

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FCX

Freeport-McMoRan Inc

Alcoa

SHIP

Seanergy Maritime Holdings Corp

SBLK

Star Bulk Carriers Corp.

MCHI

iShares MSCI China ETF

PAVE

Global X U.S. Infrastructure Development ETF