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Wednesday, December 03, 2008

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 3 December 2008

Baltic Exchange Dry Index       672         (DOWN 12)

Baltic Exchange Capesize Index  830         (No change)

Baltic Exchange Panamax Index   539         (DOWN 20)

Baltic Exchange Supramax Index  579         (DOWN 18)

Baltic Exchange Handysize Index 307         (DOWN 3)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change

BCI

Average of the T/C routes       $2320       (UP  4)

BPI

Average of the T/C routes       $4338       (DOWN  161)

BSI

Average of the T/C routes       $6050       (DOWN  194)

BHSI

Average of the T/C routes       $4464       (DOWN  47)

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Baltic Exchange Capesize Index TM - 3 December 2008

Baltic Exchange Capesize Index     830     (NO CHANGE)

Rte

Num    Description                                     Weight Avg.  Move

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

C2     160000lt Tubarao -Rotterdam                     10     4.216 -0.009

C3     150000mt Tubarao - Beilun/Baoshan               15     6.796 -0.004

C4     150000mt Richards Bay - Rotterdam               5      5.064 0.000

C5     150000mt W Australia - Beilun/Baoshan           15     3.923 0.005

C7     150000mt Bolivar - Rotterdam                    5      4.527 -0.009

C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     1225  4

C9_03  172000mt  Continent/Mediterranean trip Far East 5      5027  -19

C10_03 172000mt Pacific RV                             20     1792  43

C11_03 172000mt China/Japan trip Mediterranean/Cont    5      1233  -13

C12    150000mt Gladstone - Rotterdam                  10     9.310 -0.010

Average of the T/C Routes                                     2320  4

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Baltic Exchange Panamax Index TM - 3 December 2008

Baltic Exchange Panamax Index     539     (DOWN 20)

Rte

Num    Description                    Weight Avg. Move

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

P1A_03 74000mt Transatlantic RV       25     3875 -112

P2A_03 74000mt SKAW-GIB/FAR EAST      25     6879 -149

P3A_03 74000mt Japan-SK/Pacific/RV    25     3625 -230

P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     2975 -153

Average of the T/C Routes                    4338 -161

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Baltic Exchange Supramax Index TM - 3 December 2008

Baltic Exchange Supramax Index     579     (DOWN 18)

Rte

Num Description                        Weight Avg.  Move

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

S1A Antwerp - Skaw Trip Far East       12.5   7349  -174

S1B Canakkale Trip Far East            12.5   7355  -184

S2  Japan - SK / NOPAC or Australia rv 25     4908  -67

S3  Japan - SK Trip Gib - Skaw range   25     4637  -68

S4A US Gulf - Skaw-Passero             12.5   10235 -853

S4B Skaw-Passero - US Gulf             12.5   4368  -77

Average of the T/C Routes                     6050  -194

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

S5  W.Africa  via ECSA to FarEast      0      6478  -202

S6  Jpn-SK trip via Aus/India          0      4951  -69

S7  EC India - China                   0      9933  273

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Baltic Exchange Handysize Index TM - 3 December 2008

Baltic Exchange Handysize Index     307     (DOWN 3)

Rte

Num Description                                        Weight Avg. Move

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

HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3757 78

HS2 Skaw - Passero trip Boston / Galveston             12.5   3943 64

HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   7033 -106

HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   6515 -23

HS5 SE Asia trip via Australia to S'pore / Japan       25     3569 -94

HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3664 -100

Average of the T/C Routes                                     4464 -47

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Baltic Exchange Daily Fixture/Index List 03/12/2008

BDI 672 (DOWN 12) BCI 830 (UP 0) BPI 539 (DOWN 20)

BSI 579 (DOWN 18) BHSI 307 (DOWN 3)

Last published BDTI 1175 (UP 51) BCTI 877 (DOWN 3)

TIMECHARTER

'Marvellous' Coscobulk relet 2000 169225 dwt  dely aps Brazil 10/20 Dec 2/4 months trading redel worldwide $5500 daily + $100000 bb - Vale

'C.Koreana' 1990 149416 dwt  dely Kaohsiung 10/15 Dec  trip via Port Kembla redel South Korea $3500 daily - Kookyang

'Manoussos P' 2008 82549 dwt  dely aps Canakkale 7/10 Dec  trip via Black Sea redel Aden-PMO $8500 daily - Bunge

'Pearl of Jebel Ali' 2002 76611 dwt  dely Cape Passero 10/15 Dec  trip via Black Sea & Iraq redel PMO $9000 daily - Golden Ocean

'Pos Glory' 2005 76508 dwt  dely Mundra 12/14 Dec  trip via Goa redel China $7500 daily - Brownstone

'Maritime Taboneo' 2004 76302 dwt  dely Paradip 5/12 Dec  trip redel China $12500 daily - cnr

'Tianjin Pioneer' 2005 75744 dwt  dely aps Richards Bay 22/28  Dec  trip redel Italy $3750 daily + $115000 bb - D'Amico

'Lilian Z' 1999 74461 dwt  dely Singapore 1/5 Dec  trip via SW Australia redel Jeddah $6000 daily - AWB

'Pacific Paradise' 1993 73645 dwt  dely Black Sea ppt  trip via USEC redel Skaw-Cape Passero $4800 daily - cnr

'Spring Peacock' 1998 72497 dwt  dely aps Xingang 3/8 Dec  trip redel Taiwan $3100 daily - Grand Ocean Shipping - <recent>

'Pelagia' 1995 71741 dwt  dely aps Canakkale 5/10 Dec  trip redel Far East $8000 daily - Fayette

'SD Glory' 1987 68634 dwt  dely South West Pass 22/29 Dec  trip via Mississippi River redel Med $5750 daily - Windrose

'Irene' 1993 65671 dwt  dely PMO spot  trip via WC India redel China $10000 daily - cnr - <fixed recently>

'Nord Harmony' 2007 56071 dwt  dely dop Rizhao 5/7 December  trip redel West Africa approx $5000 daily - cnr

'Spar Canis' 2006 53565 dwt  dely Chittagong 5/7 December  trip via East Coast India redel China $12000 daily - cnr

'Mairouli' 2005 53350 dwt  dely North Brazil 20/30 December 1 years trading redel worldwide $11000 daily - TMT - <recent>

'Rea' 2003 53125 dwt  dely Singapore spot  trip via India redel Singapore-Japan approx $7000 daily - cnr

'Hawk 1' 2001 50296 dwt  dely Haldia 5/10 December  trip redel China $10000 daily - cnr

'Lian Hua Hai' 2000 47980 dwt  dely USGulf 6/10 December  trip redel Morocco approx $8500 daily - Strategic

'Noni' 1996 44382 dwt  dely Maputo-Durban range mid December  trip redel Atlantic approx $4500 daily - Island View Shipping

ORE

'Cape Salvia' 2002 160000/10 Port Hedland/Qingdao 20/30 Dec $3.90 fio scale/30000sc - BHP Billiton

'TBN' 72500/10 Port Latta/Beilun + Haili 18/27 Dec $8.10 fio scale/12000sc - Shagang

COAL

'Penelope' 1997 160000/10 Richards Bay/Rotterdam 14/20 Dec $5.10 fio scale/25000sc - Cargill

'Kookyang TBN' 130000/10 Port Kembla/Taean 21/30 Dec $4.50 fio scale/30000sc - KEPCO

'Star of RBD' 2008 70000/10 Hay Point/Itaquai 11/20 Dec $8.00 fio 40000sc/30000sc - GMI

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