Two former J Lauritzen executives have launched a new dry cargo index aimed at assessing the income potential of bulkers.

Anders Liengaard and Soren Roschmann are behind the Vesselindex.com project.

It covers the handysize, supramax and panamax segments and it not a response to the Baltic Exchange dropping handysize vessels from its own industry benchmark, Roschmann told TradeWinds.

The idea is said to stem from Liengaard’s time at Lauritzen and Pacific Basin.