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Tuesday, December 09, 2008

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 9 December 2008

Baltic Exchange Dry Index       679         (UP 8)

Baltic Exchange Capesize Index  991         (UP 53)

Baltic Exchange Panamax Index   466         (DOWN 15)

Baltic Exchange Supramax Index  523         (DOWN 10)

Baltic Exchange Handysize Index 298         (DOWN 1)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change

BCI

Average of the T/C routes       $4214       (UP  661)

BPI

Average of the T/C routes       $3748       (DOWN  127)

BSI

Average of the T/C routes       $5464       (DOWN  111)

BHSI

Average of the T/C routes       $4324       (DOWN  14)

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Baltic Exchange Capesize Index TM - 9 December 2008

Baltic Exchange Capesize Index     991     (UP 53)

Rte

Num    Description                                     Weight Avg.  Move

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

C2     160000lt Tubarao -Rotterdam                     10     4.559 0.095

C3     150000mt Tubarao - Beilun/Baoshan               15     7.183 0.141

C4     150000mt Richards Bay - Rotterdam               5      5.527 0.250

C5     150000mt W Australia - Beilun/Baoshan           15     4.450 0.132

C7     150000mt Bolivar - Rotterdam                    5      4.895 0.136

C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     3350  577

C9_03  172000mt  Continent/Mediterranean trip Far East 5      6085  354

C10_03 172000mt Pacific RV                             20     4800  1031

C11_03 172000mt China/Japan trip Mediterranean/Cont    5      2621  683

C12    150000mt Gladstone - Rotterdam                  10     9.775 0.160

Average of the T/C Routes                                     4214  661

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Baltic Exchange Panamax Index TM - 9 December 2008

Baltic Exchange Panamax Index     466     (DOWN 15)

Rte

Num    Description                    Weight Avg. Move

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

P1A_03 74000mt Transatlantic RV       25     3279 -62

P2A_03 74000mt SKAW-GIB/FAR EAST      25     6200 -180

P3A_03 74000mt Japan-SK/Pacific/RV    25     3014 -130

P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     2499 -137

Average of the T/C Routes                    3748 -127

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Baltic Exchange Supramax Index TM - 9 December 2008

Baltic Exchange Supramax Index     523     (DOWN 10)

Rte

Num Description                        Weight Avg.  Move

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

S1A Antwerp - Skaw Trip Far East       12.5   6883  -100

S1B Canakkale Trip Far East            12.5   6853  -136

S2  Japan - SK / NOPAC or Australia rv 25     4569  -100

S3  Japan - SK Trip Gib - Skaw range   25     4242  -51

S4A US Gulf - Skaw-Passero             12.5   9233  -145

S4B Skaw-Passero - US Gulf             12.5   3125  -205

Average of the T/C Routes                     5464  -111

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

S5  W.Africa  via ECSA to FarEast      0      5906  -115

S6  Jpn-SK trip via Aus/India          0      4463  -123

S7  EC India - China                   0      10613 175

<<>>>

Baltic Exchange Handysize Index TM - 9 December 2008

Baltic Exchange Handysize Index     298     (DOWN 1)

Rte

Num Description                                        Weight Avg. Move

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

HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3671 -22

HS2 Skaw - Passero trip Boston / Galveston             12.5   3821 7

HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   6772 11

HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   6335 -53

HS5 SE Asia trip via Australia to S'pore / Japan       25     3481 -7

HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3514 -22

Average of the T/C Routes                                     4324 -14

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Baltic Exchange Daily Fixture/Index List 09/12/2008

BDI 679 (UP 8) BCI 991 (UP 53) BPI 466 (DOWN 15)

BSI 523 (DOWN 10) BHSI 298 (DOWN 1)

Last published BDTI 1350 (DOWN 4) BCTI 869 (No change)

TIMECHARTER

'Cape America' 1991 149515 dwt  dely Immingham 5/7 Dec  transatlantic round redel Skaw-Cape Passero $2500 daily approx $160000 bb - Augustea - <fixed last week>

'Billion Trader II' 2007 82014 dwt  dely Kaoshiung 18/20 Dec 11/13 months trading redel worldwide $11000 daily - Cargill

'Torm Tina' 2001 75996 dwt  dely Fangcheng spot  trip via Indonesia redel China $2500 daily - Danzas

'Cyclades' 2000 75681 dwt  dely Amsterdam 11/13 Dec  trip via Kamsar redel Stade $3500 daily - Proline

'Ligari' 2004 75583 dwt  dely aps EC South America 11/13 Dec  trip redel Singapore-Japan rge $5600 daily + $150000 bb - Cargill

'Cinzia D'Amato' Samsun relet 75218 dwt      - <reported 08/12 the ship did not fix to Cargill and was fixed on voyage basis to Cosco Europe from Norfolk/Jorf Lasfar rnr>

'Geosand' 2005 74444 dwt  dely Mundra ppt  trip via WC India redel China $7500 daily - cnr

'Great Prosperity' 1999 73600 dwt      - <reported 08/12 the charterer is Clipper not Cargill>

'Prabhu Parvati' 2003 56060 dwt  dely aps Indonesia spot  trip redel India approx $6000 daily - Armada - <recent>

'Helene Selmer' 2005 55741 dwt  dely aps Indonesia mid December  trip redel India approx $7000 daily - Norden

'Jaeger' 2004 52483 dwt  dely Mediterranean in d/c spot 12 months trading redel worldwide $5000 daily 1st 50 days $10500 balance - Cosbulk

'Steel Might' 1985 39132 dwt  dely aps South Africa 15/22 December  trip redel UKCont $4500 daily - Island View Shipping

ORE

'Mineral Kyushu' 2006 160000/10 West Australia/China 20/30 Dec approx $4.25 fio scale/30000sc - cnr

'Cape Ray' ex Private 2007 160000/10 Port Hedland/China 11/20 Dec $4.45 fio scale/30000sc - Classic Maritime - <recent>

'Lowlands Phoenix' 2004 160000/10 Port Hedland/Qingdao ppt $4.00 fio scale/30000sc - BHP Billiton

'Alpha Century' 2000 160000/10 West Australia/China 15/25 Dec $4.25 fio scale/30000sc - cnr

'Sea Gloria' 1994 150000/10 Dampier/China 18/25 Dec $4.00 fio scale/30000sc - Rio Tinto - <fixed last week>

'Carouge' 1992 150000/10 Dampier/Qingdao 10/20 Dec $4.15 fio scale/30000sc - Rio Tinto

'TBN' 120000/10 Cape Lambert/Qingdao 15/24 Dec $4.15 fio scale/30000sc - Rio Tinto

COAL

'Antonis G.Pappadakis' 1995 70000/10 Banjarmasin/El Ferrol 9/19 Dec $9.00 fio 15000sc/25000sc 12 hours tt bends - GMI

GRAIN

'Nord Saturn' 2005 48500/10 barley Rouen & La Pallice/Huangpu & Ningbo 14/16 Dec $26.00 fio 8000shex/5000shex - Interbrau

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