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Monday, September 22, 2008

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 22 September 2008

Baltic Exchange Dry Index       4949          (DOWN 26)

Baltic Exchange Capesize Index  6408        (DOWN 120)

Baltic Exchange Panamax Index   5396        (UP 28)

Baltic Exchange Supramax Index  3112        (UP 10)

Baltic Exchange Handysize Index 1683        (DOWN 5)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change

BCI

Average of the T/C routes       $66052      (DOWN  1529)

BPI

Average of the T/C routes       $43697      (UP  244)

BSI

Average of the T/C routes       $32545      (UP  108)

BHSI

Average of the T/C routes       $24700      (DOWN  82)

++

Baltic Exchange Capesize Index TM - 22 September 2008

Baltic Exchange Capesize Index     6408     (DOWN 120)

Rte

Num    Description                                     Weight Avg.   Move

====== =============================================== ====== ====== ======

C2     160000lt Tubarao -Rotterdam                     10     21.814 -0.491

C3     150000mt Tubarao - Beilun/Baoshan               15     48.267 -0.525

C4     150000mt Richards Bay - Rotterdam               5      24.636 -0.264

C5     150000mt W Australia - Beilun/Baoshan           15     16.245 -0.196

C7     150000mt Bolivar - Rotterdam                         5      22.995 -0.537

C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     60045  -1673

C9_03  172000mt  Continent/Mediterranean trip Far East 5      101327 -1981

C10_03 172000mt Pacific RV                                      20     58154  -1708

C11_03 172000mt China/Japan trip Mediterranean/Cont    5      44683  -755

C12    150000mt Gladstone - Rotterdam                        10     35.745 -0.315

Average of the T/C Routes                                     66052  -1529

++

Baltic Exchange Panamax Index TM - 22 September 2008

Baltic Exchange Panamax Index     5396     (UP 28)

Rte

Num    Description                         Weight Avg.  Move

====== ============================== ====== ===== ====

P1A_03 74000mt Transatlantic RV             25     37278 -210

P2A_03 74000mt SKAW-GIB/FAR EAST       25     50800 -450

P3A_03 74000mt Japan-SK/Pacific/RV         25     47295 813

P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     39413 821

Average of the T/C Routes                    43697 244

++

Baltic Exchange Supramax Index TM - 22 September 2008

Baltic Exchange Supramax Index     3112     (UP 10)

Rte

Num Description                            Weight Avg.  Move

=== ================================== ====== ===== ====

S1A Antwerp - Skaw Trip Far East       12.5   37372 -253

S1B Canakkale Trip Far East                12.5   37835 -171

S2  Japan - SK / NOPAC or Australia rv   25     30788 220

S3  Japan - SK Trip Gib - Skaw range     25     28061 355

S4A US Gulf - Skaw-Passero               12.5   48872 191

S4B Skaw-Passero - US Gulf               12.5   18581 -57

Average of the T/C Routes                     32545 108

The route(s) below do not form part of the index calculation

S5  W.Africa  via ECSA to FarEast      0      35547 -441

S6  Jpn-SK trip via Aus/India          0      31033 366

S7  EC India - China                   0      20668 93

++

Baltic Exchange Handysize Index TM - 22 September 2008

Baltic Exchange Handysize Index     1683     (DOWN 5)

Rte

Num Description                                             Weight Avg.  Move

=== ================================================== ====== ===== ====

HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   19443 -7

HS2 Skaw - Passero trip Boston / Galveston              12.5   19479 -14

HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   32272 -300

HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   29420 -195

HS5 SE Asia trip via Australia to S'pore / Japan            25     24100 -43

HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     24393 -28

Average of the T/C Routes                                     24700 -82

++

Baltic Exchange Daily Fixture/Index List 22/09/2008

BDI 4949 (DOWN 26) BCI 6408 (DOWN 120) BPI 5396 (UP 28)

BSI 3112 (UP 10) BHSI 1683 (DOWN 5)

Last published BDTI 1586 (UP 28) BCTI 1462 (UP 4)

TIMECHARTER

'Bulk Australia' 2003 170578 dwt  dely Cape Passero 27/30 Sept  transatlantic round redel Skaw-Cape Passero $50000 daily - Cargill

'Peruvian Express' 2007 82655 dwt  dely El Dekheila 24/25 Sept  trip via Black Sea redel China $55000 daily - Grand China - <recent>

'Billion Trader I' 2007 82500 dwt  dely Nantong 26/30 Sept  trip via Indonesia redel Japan $44000 daily - Nippon Steel

'YM Rightness' Atlas Bulk Shipping relet 2004 77684 dwt  dely Taiwan 27 Sept/3 Oct  trip via N.Australia redel Singapore-Japan rge abt 25/30 days $50000 daily - Rio Tinto

'De Xin Hai' 2008 76437 dwt  dely Shanghai 25/30 Sept  trip via NoPac redel China $45000 daily - Cosbulk

'Maritsa' 2005 75932 dwt  dely Aden 22/25 Sept  trip via Saldanha redel Hamburg $30000 daily - Oldendorff

'Isminaki' 1998 74577 dwt  dely Jinzhou 22/26 Sept  trip via Hay Point redel Santos $33900 daily - United

'Alpha Flame' 1999 74545 dwt  dely Cape Passero 18/20 Sept 2 laden legs redel Skaw-Cape Passero $45000 daily - cnr

'Tai Prize' 2001 73169 dwt  dely Kaohsiung 28 Sept/2 Oct 11/13 months trading redel worldwide $51000 daily - Rio Tinto

'Ataman' 2001 72867 dwt  dely Goa 27/30 Sept  trip redel Japan $35000 daily - NYK - <recent>

'North Princess' 1996 71290 dwt  dely Wakayama ppt  trip via Australia redel Singapore-Japan rge $48000 daily - Norden

'Navios Gemini S' 1994 68636 dwt  dely Casablanca 20/21 Sept 2 laden legs redel Skaw-Cape Passero $40000 daily option redel Far East $50000 daily - Cargill

'Yvonne' 2008 56300 dwt  dely Kaoshiung 24/26 September  trip via Nopac redel India approx $30000 daily - Eitzen - <recent>

'Darya Mahesh' 2008 56056 dwt  dely USGulf 5/10 October  trip redel Singapore-Japan $53000 daily - STX Pan Ocean

'Sealuck 2' 2004 55452 dwt  dely S.China 24/26 September 24/26 September  trip redel West Africa $30000 daily - STX Pan Ocean

'Ocean Predator' 2002 48635 dwt  dely USGulf spot  trip redel West Coast Central America $44000 daily - Armada

'Dubai Guardian' 1997 46271 dwt  dely Changjiangkou 25 Sept/3 Oct  trip via Nopac redel China $31500 daily - EBC

ORE

'Tian Lu Hai' 2005 160000/10 Ponta Da Madeira/Dunkirk west & east 25 Sept/9 Oct $21.00 fio 6 days sc - Arcelor-Mittal

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