Baltic index declines for 6th session on weaker vessel rates
July 27 (Reuters) - The Baltic Exchange's main sea freight index fell for the sixth straight session to a more than one-month low on Monday, weighed down by weaker demand for all vessel segments.
* The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, fell 24 points, or 1.8%, to 1,293, its lowest since June 17.
* The Baltic capesize index dropped 32 points, or 1.5%, to 2,052, its lowest in nearly six weeks.
* Average daily earnings for capesizes, which typically transport cargoes of 170,000 tonnes to 180,000 tonnes, including iron ore and coal, declined by $270 to $17,014.
* The panamax index slipped 37 points, or about 3.1%, to 1,161.
* Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, decreased by $337 to $10,449.
* The supramax index was down 9 points at 906. (Reporting by Shreyansi Singh in Bengaluru; Editing by Ramakrishnan M.)
