On Aug 14 the Baltic Dry Index (BDI) halted a four-day losing streak, closing up 19 points (+0.7%) at 2,863 but down 7.3% on the week. The Capesize index (BCI) rose 69 points (+1.5%) to 4,538 but fell 11.5% week-on-week; Capesize average daily earnings increased $627 to $37,652. The Panamax index (BPI) dropped 34 points (-1.5%) to 2,228, down 3% for the week; Panamax daily earnings fell $306 to $20,055. The Supramax index (BSI) gained 9 points (+0.6%) to 1,622, its highest since July 28 and up 1

South Korea's Ministry of Science and ICT said Friday July ICT product exports rose 140.6% YoY to $53.4 bln, a July record, driven by strong AI-related chip demand. Imports climbed 37.3% YoY to $18.3 bln, producing a $35.1 bln trade surplus. By product, semiconductor exports jumped 178.8% YoY to $41.0 bln and have expanded for 17 consecutive months; computer and communications equipment rose 353.9% to $4.9 bln; mobile phone exports increased 62.6% to $1.6 bln. By destination, exports to China and Hong Kong combined rose 194.7% YoY; to the US +187%; to the EU +202%; to Vietnam +115.7%; to India +128.2%.

美國財長貝森特：我們將繼續對伊朗經濟實施制裁，並在霍爾木茲海峽保持持續的封鎖。我們將禁止任何物品進出伊朗港口。