The Baltic Exchange's dry bulk sea freight index rose to a one-week high on Monday, as gains in the capesize segment overshadowed declines in rates for smaller vessels.

• The overall index .BADI , which factors in rates for capesize, panamax and supramax shipping vessels, was up 29 points, or 2.1%, at 1,436 points, its highest since Jan. 29.

• The capesize index .BACI added 112 points, or 5.5%, at 2,142 points, the highest level in nearly two weeks.

• Average daily earnings for capesize vessels .BATCA , which typically transport 150,000-ton cargoes such as iron ore and coal, increased by $929 to $17,766.

• Dalian iron ore futures fell amid persistent caution due to mounting port inventory and lingering property worry in top consumer China, while the Singapore benchmark rebounded slightly on increased purchases.

• The panamax index .BPNI fell 25 points, or 1.7%, to a three-week low of 1,419 points.

• Average daily earning for panamax vessels .BPWT , which usually carries about 60,000 tons to 70,000 tons of coal or grain cargo, was down by $228 at $12,768.

• More grain ships diverted around South Africa last week after attacks on Red Sea shipping.

• Among smaller vessels, the supramax index .BSIS was down 4 points at 1,037 points.

Source: Reuters