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Wednesday, November 19, 2008

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 19 November 2008

Baltic Exchange Dry Index       859         (DOWN 6)

Baltic Exchange Capesize Index  989         (DOWN 5)

Baltic Exchange Panamax Index   978         (DOWN 34)

Baltic Exchange Supramax Index  606         (UP 17)

Baltic Exchange Handysize Index 310         (UP 4)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change

BCI

Average of the T/C routes       $3691       (UP  24)

BPI

Average of the T/C routes       $7907       (DOWN  265)

BSI

Average of the T/C routes       $6332       (UP  176)

BHSI

Average of the T/C routes       $4526       (UP  57)

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Baltic Exchange Capesize Index TM - 19 November 2008

Baltic Exchange Capesize Index     989     (DOWN 5)

Rte

Num    Description                                     Weight Avg.   Move

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

C2     160000lt Tubarao -Rotterdam                     10     4.945  -0.035

C3     150000mt Tubarao - Beilun/Baoshan               15     8.533  -0.067

C4     150000mt Richards Bay - Rotterdam               5      6.150  -0.095

C5     150000mt W Australia - Beilun/Baoshan           15     4.100  -0.055

C7     150000mt Bolivar - Rotterdam                    5      5.250  -0.015

C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     2923   -12

C9_03  172000mt  Continent/Mediterranean trip Far East 5      7246   -42

C10_03 172000mt Pacific RV                             20     2392   109

C11_03 172000mt China/Japan trip Mediterranean/Cont    5      2204   40

C12    150000mt Gladstone - Rotterdam                  10     10.265 -0.074

Average of the T/C Routes                                     3691   24

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Baltic Exchange Panamax Index TM - 19 November 2008

Baltic Exchange Panamax Index     978     (DOWN 34)

Rte

Num    Description                    Weight Avg.  Move

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

P1A_03 74000mt Transatlantic RV       25     6350  -359

P2A_03 74000mt SKAW-GIB/FAR EAST      25     11038 -696

P3A_03 74000mt Japan-SK/Pacific/RV    25     8100  -64

P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     6139  58

Average of the T/C Routes                    7907  -265

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Baltic Exchange Supramax Index TM - 19 November 2008

Baltic Exchange Supramax Index     606     (UP 17)

Rte

Num Description                        Weight Avg.  Move

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

S1A Antwerp - Skaw Trip Far East       12.5   7921  179

S1B Canakkale Trip Far East            12.5   8158  91

S2  Japan - SK / NOPAC or Australia rv 25     5117  111

S3  Japan - SK Trip Gib - Skaw range   25     4885  172

S4A US Gulf - Skaw-Passero             12.5   10054 513

S4B Skaw-Passero - US Gulf             12.5   4523  60

Average of the T/C Routes                     6332  176

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

S5  W.Africa  via ECSA to FarEast      0      6831  128

S6  Jpn-SK trip via Aus/India          0      5295  86

S7  EC India - China                   0      7195  916

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Baltic Exchange Handysize Index TM - 19 November 2008

Baltic Exchange Handysize Index     310     (UP 4)

Rte

Num Description                                        Weight Avg. Move

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

HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3618 107

HS2 Skaw - Passero trip Boston / Galveston             12.5   3832 107

HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   7144 -84

HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   6255 -30

HS5 SE Asia trip via Australia to S'pore / Japan       25     3743 82

HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3936 93

Average of the T/C Routes                                     4526 57

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Baltic Exchange Daily Fixture/Index List 19/11/2008

BDI 859 (DOWN 6) BCI 989 (DOWN 5) BPI 978 (DOWN 34)

BSI 606 (UP 17) BHSI 310 (UP 4)

Last published BDTI 999 (DOWN 9) BCTI 949 (DOWN 7)

TIMECHARTER

'Cape Riviera' 2005 185879 dwt  dely aps Brazil spot 2/4 months trading redel worldwide $10000 daily + approx $290000 bb - Vale

'Alpha Faith' 2008 178015 dwt  dely Kwangyang spot 1 years trading $6000 daily for 1st 55 days and $19000 daily for balance - Swiss Marine

'Lady Maria Luisa' 2007 77000 dwt  dely Zhanjiagang 24/28 Nov  trip via S.China redel US Gulf $6000 daily - Norden

'Ascanius' 2004 76878 dwt  dely Dunkirk 25/27 Nov  trip via Kamsar redel Stade $5500 daily - Proline

'Fortune Ocean' 2006 76600 dwt  dely Shanghai 19/20 Nov  trip via EC Australia redel EC South America $5500 daily - GMI

'Red Jasmine' 2006 76496 dwt  dely Worldwide 1/25 Dec 1 years trading redel worldwide $15000 - Cosbulk

'Red Gardenia' 2005 76294 dwt  dely PMO 25/27 Nov  trip via WC India redel China $6500 daily - Solebay

'Pacific Breeze' 2004 76200 dwt  dely Sual 24/26 Nov 2 laden legs 1st Weipa/Gladstone redel Singapore-Japan rge $10000 daily - Norden

'Medi Rotterdam' 2002 75735 dwt  dely Gibraltar 26/30 Nov  trip via Paranagua redel S.Korea $11000 daily - Louis Dreyfus

'Salvatore Cafiero' 2001 75668 dwt  dely Antwerp 21/25 Nov  trip via US Gulf redel China $10000 daily - Daewoo

'Erato' 2004 74444 dwt  dely Worldwide Jan/Mar 2009 11/14 months trading redel worldwide $15000 daily - Cargill - <recent>

'Asia Graeca' 2004 74041 dwt  dely Gibraltar ppt 8/10 months trading redel worldwide $15000 daily - Cargill - <fixed last week>

'Deep Seas' Morgan Stanley relet 1999 72891 dwt  dely Shenzhen 23/25 Nov  trip via S.China redel US Gulf $6300 daily - Klaveness

'Fortezza' 1993 69300 dwt  dely Cape Passero ppt  trip via Kamsar redel Aughinish $6500 daily - Oldendorff

'Darya Brahma' 2006 56056 dwt  dely Chennai 20/30 November  trip redel China $9000 daily - cnr

'Medi Valencia' 2008 56014 dwt  dely dop Mundra 24/26 November  trip redel China $8500 daily - cnr

'Shamrock' 2006 52835 dwt  dely Chennai 24/26 November  trip redel China $8500 daily - cnr

'Da Ya Hai' 2002 50458 dwt  dely aps Santos end Nov trip redel south east Asia $9000 daily - Oldendorff

'Cos Fair' 1999 46689 dwt  dely East Med end November  about 3/5 months trading redel Atlantic approx $8000 daily - WBC

'Springwood' 1984 37700 dwt  dely dop Barranquilla spot trip via north coast South America redel south Brazil $7000 daily - Eitzen

'Bludance' 1995 26517 dwt  dely Luanda prompt 4/6 months trading redel Atlantic $6550 daily - Progress Bulk Carriers

ORE

'TBN' 160000/10 Port Hedland/Qingdao end Nov $4.10 fio scale/30000sc - BHP Billiton

'Ocean Confidence' 2005 160000/10 Port Hedland/Qingdao 23/28 Nov $4.10 fio scale/30000sc - BHP Billiton

'Pacific Tiara' 2004 160000/10 Port Hedland/Qingdao 15/25 Nov $4.20 fio scale/30000sc - BHP Billtion - <fixed last week>

'Cape Frontier' 2006 160000/10 Port Hedland/Qingdao 15/25 Nov $4.20 fio scale/30000sc - BHP Billiton - <fixed last week>

COAL

'HMM TBN' 130000/10 Richards Bay/Taean, S.Korea 5/19 Dec $6.27 fio 50000sc/26500sc - KEPCO

GRAIN

'Miden Max' 1993 55000/10 hss US Gulf/China 11/20 Dec $27.00 fio 10000shex/8000shex - Noble

///END OF MESSAGE///

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