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Wednesday, November 26, 2008

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 26 November 2008

Baltic Exchange Dry Index       763         (DOWN 41)

Baltic Exchange Capesize Index  883         (DOWN 49)

Baltic Exchange Panamax Index   719         (DOWN 85)

Baltic Exchange Supramax Index  637         (DOWN 4)

Baltic Exchange Handysize Index 318         (DOWN 3)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change

BCI

Average of the T/C routes       $2773       (DOWN  456)

BPI

Average of the T/C routes       $5809       (DOWN  685)

BSI

Average of the T/C routes       $6659       (DOWN  46)

BHSI

Average of the T/C routes       $4642       (DOWN  29)

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Baltic Exchange Capesize Index TM - 26 November 2008

Baltic Exchange Capesize Index     883     (DOWN 49)

Rte

Num    Description                                     Weight Avg.  Move

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

C2     160000lt Tubarao -Rotterdam                     10     4.559 -0.255

C3     150000mt Tubarao - Beilun/Baoshan               15     7.429 -0.509

C4     150000mt Richards Bay - Rotterdam               5      5.282 -0.195

C5     150000mt W Australia - Beilun/Baoshan           15     3.873 -0.041

C7     150000mt Bolivar - Rotterdam                    5      4.841 -0.259

C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     1864  -841

C9_03  172000mt  Continent/Mediterranean trip Far East 5      5577  -669

C10_03 172000mt Pacific RV                             20     2050  -145

C11_03 172000mt China/Japan trip Mediterranean/Cont    5      1600  -171

C12    150000mt Gladstone - Rotterdam                  10     9.695 -0.270

Average of the T/C Routes                                     2773  -456

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Baltic Exchange Panamax Index TM - 26 November 2008

Baltic Exchange Panamax Index     719     (DOWN 85)

Rte

Num    Description                    Weight Avg. Move

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

P1A_03 74000mt Transatlantic RV       25     4750 -376

P2A_03 74000mt SKAW-GIB/FAR EAST      25     8308 -1007

P3A_03 74000mt Japan-SK/Pacific/RV    25     5564 -900

P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     4616 -456

Average of the T/C Routes                    5809 -685

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Baltic Exchange Supramax Index TM - 26 November 2008

Baltic Exchange Supramax Index     637     (DOWN 4)

Rte

Num Description                        Weight Avg.  Move

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

S1A Antwerp - Skaw Trip Far East       12.5   8015  -73

S1B Canakkale Trip Far East            12.5   8368  -34

S2  Japan - SK / NOPAC or Australia rv 25     5300  -35

S3  Japan - SK Trip Gib - Skaw range   25     5047  -43

S4A US Gulf - Skaw-Passero             12.5   11425 -56

S4B Skaw-Passero - US Gulf             12.5   4770  -51

Average of the T/C Routes                     6659  -46

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

S5  W.Africa  via ECSA to FarEast      0      7045  -40

S6  Jpn-SK trip via Aus/India          0      5360  -31

S7  EC India - China                   0      9140  219

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Baltic Exchange Handysize Index TM - 26 November 2008

Baltic Exchange Handysize Index     318     (DOWN 3)

Rte

Num Description                                        Weight Avg. Move

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

HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3721 -36

HS2 Skaw - Passero trip Boston / Galveston             12.5   3993 -78

HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   7156 -55

HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   6555 0

HS5 SE Asia trip via Australia to S'pore / Japan       25     3871 28

HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3986 -57

Average of the T/C Routes                                     4642 -29

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Baltic Exchange Daily Fixture/Index List 26/11/2008

BDI 763 (DOWN 41) BCI 883 (DOWN 49) BPI 719 (DOWN 85)

BSI 637 (DOWN 4) BHSI 318 (DOWN 3)

Last published BDTI 968 (DOWN 10) BCTI 905 (DOWN 13)

TIMECHARTER

'Linda Dream' MOSK relet 2007 180180 dwt  dely Immingham ely Dec  transatlantic round redel Skaw-Cape Passero $1000 daily - Cargill

'Yasa Team' 2006 75261 dwt  dely Mundra 26/30 Nov  trip via WC India redel China $7250 daily - cnr

'Tian Yu Feng' 2001 74200 dwt  dely psg Canakkale ppt  trip via Black Sea & Saudi Arabia redel Aden-PMO $9000 daily - Bunge

'Royal Ocean' NNC relet 1995 70677 dwt  dely N.China spot  trip via NoPac redel Singapore-Japan rge $4000 daily - STX Pan Ocean

'Princess Natalie' 1989 70242 dwt      - <reported 25/11 the charterer is Brownstone>

'Vitaglory' 1989 69703 dwt      - <reported 25/11 the period was 5/7 months and fixed 6/11 enbloc with the Vitapride to Bunge for the same period>

'Vitapride' 1993 69153 dwt      - <reported 25/11 the period was 5/7 months fixed 6/11 enbloc with the Vitaglory to Bunge for the same period>

'Mighty Michalis' 1983 62297 dwt  dely Egypt Med spot  trip via Black Sea redel Djibouti $8500 daily - HBC

'Jin Pu' 2008 55496 dwt  dely PMO 5/6 Dec  trip via WC India redel China $9000 daily - Uniwell

'Medi Cork 2004 53552 dwt  dely Indonesia spot  trip via W.Australia redel Singapore-Japan approx $6000 daily - cnr

'Gem of Kilakarai' 2005 53299 dwt  dely aps Indonesia spot  trip redel China approx $6000 daily - cnr

'Great Majesty' 1998 47428 dwt  dely Port Kembla prompt 1 years trading redel worldwide $8500 daily - cnr

'ID Bulker' 1989 26970 dwt  dely aps Gove 3/5 Dec trip redel China $4000 daily + $30000 bb - cnr

ORE

'SG Prosperity' 1997 180000/10 Ponta Da Madeira/Kwangyang 15/30 Dec $7.00 fio scale/35000sc - Kleimar

'Ina' 2003 160000/10 Port Hedland/Qingdao 17/25 Dec $4.00 fio scale/30000sc - BHP Billiton

'Erradale' 1994 150000/10 Goa/Qingdao 7/14 Dec $4.00 fio scale/30000sc - Noble

'Pacific Enterprise' 1995 150000/10 Saldanha Bay/China 5/15 Dec $6.00 fio scale/30000sc - Chinese steel mill

'Cosbulk TBN'  Esperance/Qingdao    - <reported 25/11 to Richmark the business failed>

COAL

'Samsun TBN' 160000/10 Abbot Point/S.Korea 6/15 Dec $4.50 fio scale/35000sc - KEPCO

'HMM TBN' 130000/10 Newcastle/Taean 15/30 Dec $4.38 fio scale/35000sc - KEPCO

'Iron Vassilis' GMI relet 2006 70000/10 Baltimore/Antwerp 29 Nov/11 Dec $8.20 fio 25000 shinc bends - Cobelfret - <recent>

GRAIN

3xCosco TBNs' 60000/10 hss Upriver + Bahia Blanca/China Mar/Apr/June 2009 $32.50 fio 8000shinc/10000shinc - Chinese chrtr

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