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Tuesday, December 02, 2008

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 2 December 2008

Baltic Exchange Dry Index       684         (DOWN 16)

Baltic Exchange Capesize Index  830         (DOWN 3)

Baltic Exchange Panamax Index   559         (DOWN 31)

Baltic Exchange Supramax Index  597         (DOWN 13)

Baltic Exchange Handysize Index 310         (DOWN 4)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change

BCI

Average of the T/C routes       $2316       (DOWN  48)

BPI

Average of the T/C routes       $4499       (DOWN  260)

BSI

Average of the T/C routes       $6244       (DOWN  137)

BHSI

Average of the T/C routes       $4511       (DOWN  59)

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Baltic Exchange Capesize Index TM - 2 December 2008

Baltic Exchange Capesize Index     830     (DOWN 3)

Rte

Num    Description                                     Weight Avg.  Move

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

C2     160000lt Tubarao -Rotterdam                     10     4.225 -0.034

C3     150000mt Tubarao - Beilun/Baoshan               15     6.800 -0.017

C4     150000mt Richards Bay - Rotterdam               5      5.064 -0.032

C5     150000mt W Australia - Beilun/Baoshan           15     3.918 0.032

C7     150000mt Bolivar - Rotterdam                    5      4.536 -0.032

C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     1221  -6

C9_03  172000mt  Continent/Mediterranean trip Far East 5      5046  -50

C10_03 172000mt Pacific RV                             20     1749  -55

C11_03 172000mt China/Japan trip Mediterranean/Cont    5      1246  -81

C12    150000mt Gladstone - Rotterdam                  10     9.320 -0.020

Average of the T/C Routes                                     2316  -48

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Baltic Exchange Panamax Index TM - 2 December 2008

Baltic Exchange Panamax Index     559     (DOWN 31)

Rte

Num    Description                    Weight Avg. Move

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

P1A_03 74000mt Transatlantic RV       25     3987 -158

P2A_03 74000mt SKAW-GIB/FAR EAST      25     7028 -257

P3A_03 74000mt Japan-SK/Pacific/RV    25     3855 -300

P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     3128 -325

Average of the T/C Routes                    4499 -260

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Baltic Exchange Supramax Index TM - 2 December 2008

Baltic Exchange Supramax Index     597     (DOWN 13)

Rte

Num Description                        Weight Avg.  Move

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

S1A Antwerp - Skaw Trip Far East       12.5   7523  -174

S1B Canakkale Trip Far East            12.5   7539  -246

S2  Japan - SK / NOPAC or Australia rv 25     4975  -88

S3  Japan - SK Trip Gib - Skaw range   25     4705  -134

S4A US Gulf - Skaw-Passero             12.5   11088 -129

S4B Skaw-Passero - US Gulf             12.5   4445  -105

Average of the T/C Routes                     6244  -137

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

S5  W.Africa  via ECSA to FarEast      0      6680  -128

S6  Jpn-SK trip via Aus/India          0      5020  -95

S7  EC India - China                   0      9660  135

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Baltic Exchange Handysize Index TM - 2 December 2008

Baltic Exchange Handysize Index     310     (DOWN 4)

Rte

Num Description                                        Weight Avg. Move

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

HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3679 -21

HS2 Skaw - Passero trip Boston / Galveston             12.5   3879 -35

HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   7139 -78

HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   6538 -37

HS5 SE Asia trip via Australia to S'pore / Japan       25     3663 -93

HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3764 -57

Average of the T/C Routes                                     4511 -59

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Baltic Exchange Daily Fixture/Index List 02/12/2008

BDI 684 (DOWN 16) BCI 830 (DOWN 3) BPI 559 (DOWN 31)

BSI 597 (DOWN 13) BHSI 310 (DOWN 4)

Last published BDTI 1124 (UP 51) BCTI 880 (DOWN 8)

TIMECHARTER

'Medi Hong Kong' 2006 82790 dwt  dely Muroran 4/6 Dec  trip via NoPac redel China int coal $4000 daily - Pioneer Navigation

'Navios Star' 2002 76662 dwt  dely Paradip 4/10 Dec  trip via EC India redel China $8500 daily - Bagadiya

'Medi Cagliari' 2004 75772 dwt  dely Haldia 6/10 Dec  trip via EC India redel China $8500 daily - cnr

'Thetis' 2004 73583 dwt  dely Taiwan 25 Dec/10 Feb 1 years trading redel worldwide $10500 daily - Cargill

'TPC Arirang' 1994 71535 dwt  dely Lanshan 4/5 Dec  trip via NoPac redel Singapore-Japan rge $3500 daily - cnr

'SD Nova' 1996 70108 dwt  dely N.China 10/15 Dec  trip via Southeast Asia redel Continent $3750 daily - The Rice Corp

'Kanak Prem' 1997 69221 dwt  dely Mumbai 4/7 Dec  trip via WC India redel China $8500 daily - Noble

'RZS Joy' 1995 69050 dwt  dely Hong Kong 26/30 Nov  trip via EC India redel China $3000 daily - Jaldhi

'Ikan Sudip' 2008 56000 dwt  dely Singapore 6/8 December  trip via South-east Asia redel China $7500 daily - cnr

'Sunny Globe' 2005 55715 dwt  dely Mariveles 8/10 Dec  trip via Australia redel Singapore-Japan rge $5500 daily - Seawin

'Federal St.Laurent' 1996 34372 dwt  dely North Coast South America early December  trip redel Black Sea approx $7500 daily - Oldendorff

ORE

'Baotrans TBN' 160000/10 Port Hedland/Qingdao 15/24 Dec $4.00 fio scale/30000sc - SK Shipping

'Front Guider' 1991 150000/10 Port Hedland/Qingdao mid Dec approx $3.90 fio scale/30000sc - BHP Billiton

'RBD Capri' 2008 75000/10 Narvik/Eregli 10/17 Dec $5.85 fio scale/27000sc - Cetragpa

'Norden TBN' 65000/10 Moi-I-Rana/Ijmuiden 9/14 Dec $4.00 fio 5 days - Corus

COAL

'TBN' 70000/10 Newport News/Rotterdam 12/21 Dec $6.00 fio 30000sc/25000sc - Constellation - <recent

>

GRAIN

'Annoula' MDS relet 1989 65000/10 hss US Gulf/Egypt 10/15 Dec $12.25 fio 10000shex/10000fex - Windrose

'TBN' 27500/5  wheat Rouen/Algeria prompt $12.75 fio 9000/3000 - French chrtr

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