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Thursday, December 11, 2008

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 11 December 2008


Baltic Exchange Dry Index          711         (UP 20)
Baltic Exchange Capesize Index  1142        (UP 84)
Baltic Exchange Panamax Index   442         (DOWN 8)
Baltic Exchange Supramax Index  498         (DOWN 13)
Baltic Exchange Handysize Index  302         (UP 2)
Daily Summary of the Baltic Exchange Time Charter Routes
                                Rate($/Day) Change
BCI
Average of the T/C routes       $6029       (UP  1000)
BPI
Average of the T/C routes       $3555       (DOWN  64)
BSI
Average of the T/C routes       $5202       (DOWN  140)
BHSI
Average of the T/C routes       $4391       (UP  35)
Baltic Exchange Capesize Index TM - 11 December 2008
Baltic Exchange Capesize Index     1142     (UP 84)
Rte
Num    Description                                     Weight Avg. 
Move
====== =============================================== ====== ======
=====
C2     160000lt Tubarao -Rotterdam                     10     4.932
0.150
C3     150000mt Tubarao - Beilun/Baoshan               15     7.875
0.383
C4     150000mt Richards Bay - Rotterdam               5      5.964
0.150
C5     150000mt W Australia - Beilun/Baoshan           15     4.918
0.323
C7     150000mt Bolivar - Rotterdam                    5      5.264
0.209
C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     4709 
668
C9_03  172000mt  Continent/Mediterranean trip Far East 5      7950 
1073
C10_03 172000mt Pacific RV                             20     7250 
1423
C11_03 172000mt China/Japan trip Mediterranean/Cont    5      4208 
837
C12    150000mt Gladstone - Rotterdam                  10     10.245
0.190
Average of the T/C Routes                                     6029 
1000
Baltic Exchange Panamax Index TM - 11 December 2008
Baltic Exchange Panamax Index     442     (DOWN 8)
Rte
Num    Description                    Weight Avg. Move
====== ============================== ====== ==== ====
P1A_03 74000mt Transatlantic RV       25     3209 4
P2A_03 74000mt SKAW-GIB/FAR EAST      25     6055 -48
P3A_03 74000mt Japan-SK/Pacific/RV    25     2729 -87
P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     2228 -123
Average of the T/C Routes                    3555 -64
Baltic Exchange Supramax Index TM - 11 December 2008
Baltic Exchange Supramax Index     498     (DOWN 13)
Rte
Num Description                        Weight Avg.  Move
=== ================================== ====== ===== ====
S1A Antwerp - Skaw Trip Far East       12.5   6654  -115
S1B Canakkale Trip Far East            12.5   6580  -129
S2  Japan - SK / NOPAC or Australia rv 25     4227  -134
S3  Japan - SK Trip Gib - Skaw range   25     4083  -130
S4A US Gulf - Skaw-Passero             12.5   8945  -187
S4B Skaw-Passero - US Gulf             12.5   2820  -157
Average of the T/C Routes                     5202  -140
The route(s) below do not form part of the index calculation
S5  W.Africa  via ECSA to FarEast      0      5705  -100
S6  Jpn-SK trip via Aus/India          0      4223  -122
S7  EC India - China                   0      10688 -12
Baltic Exchange Handysize Index TM - 11 December 2008
Baltic Exchange Handysize Index     302     (UP 2)
Rte
Num Description                                        Weight Avg.
Move
=== ================================================== ====== ====
====
HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3643 -21
HS2 Skaw - Passero trip Boston / Galveston             12.5   3786 -28
HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   6689 -42
HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   6340 23
HS5 SE Asia trip via Australia to S'pore / Japan       25     3644 75
HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3693 100
Average of the T/C Routes                                     4391 35
* TIME CHARTER FIXTURES - 11 December 2008 *
MADEIRA 2007                     177926 DWT TCT
DEL APS BRAZIL, SPOT, TRIP, REDEL FAR EAST
$5200 DAILY + $127000 BB                 CHINESE STEEL MILL
FIXED EARLIER THIS WEEK
----------------------------------------------
LOWLANDS PHOENIX 2004            177036 DWT TC
DEL CHINA, JAN 10/20, 11/13 MONTHS TRADING, REDEL WORLDWIDE
$17500 DAILY                             CARGILL
----------------------------------------------
AQUAGEM 1997 COSCO TIANJIN RELET 167,102 DWT TCT
DEL CONTINENT, DEC 15-20, TRIP VIA NARVIK, REDEL ROTTERDAM
$3,500 DAILY                             OLDENDORFF
----------------------------------------------
SHI DAI 1 2007                   76611 DWT TCT
DEL SANTOS, DEC 15/20, TRIP, REDEL FAR EAST
$6250 DAILY + $170000 BB                 LOUIS DREYFUS
----------------------------------------------
AJAX 2006                        76500 DWT TCT
DEL WAKAYAMA, DEC 24/28, TRIP VIA NEWCASTLE, REDEL TAIWAN
$3000 DAILY                              BRIGHT SHIPPING
----------------------------------------------
VINASHIN GLORY 1983              76017 DWT TCT
DEL WC INDIA, PPT-15 DEC, TRIP, REDEL CHINA
$4000 DAILY                              JALDHI
RPTD 12/10: CORRECTS DETAILS/LAYCAN
----------------------------------------------
MEDI BALTIMORE 2005              76000 DWT TCT
DEL BATAM, DEC 15/17, TRIP, REDEL SKAW-CAPE PASSERO
INTENTION COAL
$2000 DAILY                              CNR
----------------------------------------------
DE PING HAI 2002                 74819 DWT TCT
DEL XIAMEN, DEC 20/22, TRIP, REDEL USEC
$2000 DAILY                              ARMADA
----------------------------------------------
EVER SHINING 1999                74346 DWT TCT
DEL BANDAR ABBAS, DEC 18/23, TRIP VIA WC INDIA, REDEL CHINA
$6500 DAILY                              SINOCHART
----------------------------------------------
IONIAN EAGLE 2001                74082 DWT TCT
DEL JINTANG, PPT, TRIP VIA INDONESIA, REDEL MUMBAI
$3000 DAILY                              IMC
----------------------------------------------
FELICIA 1997                     72,456 DWT TC
DEL CONTINENT, END-DEC/EARLY-JAN, 11-13 MONTHS TRADING, REDEL WW
$10,750 DAILY                            CARGILL
----------------------------------------------
PETER S 1995 14K/33T             71,550    TC
DEL E MED, DEC 14/15, 11-13 MONTHS TRADING, REDEL WW
8000D-1ST60                              GLENCORE
----------------------------------------------
QUESA UNO 1993                   70312 DWT TCT
DEL SAMCHEONPO, SPOT, TRIP VIA WEST AUSTRALIA, REDEL CHINA
$2000 DAILY                              NCS
----------------------------------------------
SANTOS SUCCESS 1984              66894 DWT TCT
DEL SINGAPORE, SPOT, TRIP VIA CHENNAI, REDEL CHINA
$4200 DAILY                              BENEMAR
----------------------------------------------
SAPPHIRE SEAS 2005               53702 DWT TCT
DEL RETRO RIZHAO, DEC 5, TRIP VIA WC INDIA, REDEL CHINA
$3300 DAILY                              AHT
----------------------------------------------
GRETA 2007                       53621 DWT TCT
DEL XINGANG, SPOT, TRIP VIA EAST COAST INDIA, REDEL CHINA
$4500 DAILY                              AHT
----------------------------------------------
NAVIOS IONIAN 2000               52067 DWT TCT
DEL WEST AFRICA, DEC 15/18, TRIP, REDEL CONTINENT
APPROX $6000 DAILY                       OLDENDORFF
----------------------------------------------
ASSIMINA 1984                    41,900 DWT TCT
DEL CHINA, SPOT, TRIP, REDEL WEST AFRICA
$4,000 DAILY                             NOBLE
FIXED EARLY THIS WEEK
----------------------------------------------
CALYPSO N 1983                   33009 DWT TCT
DEL BLACK SEA, SPOT, TRIP, REDEL WEST AFRICA
$4500 DAILY                              CONTI GMT
RECENT
** DRY VOYAGE FIXTURES - 11 December 2008 **
=========   COAL               =======
AQUAGLORY 2003                  150000/10    COAL
RICHARDS BAY TO ROTTERDAM, 5/19 JAN
$5.75 FIO SCALE/25000SC                       CARGILL
------------------------------------------------------
TBN                             150000/10    COAL
NEWCASTLE TO MAP TA PHUT, 20 DEC/5 JAN
APPROX $5.30 FIO SCALE/40000SC                RIO TINTO
=========   GRAIN              =======
KING COLE 1997                  75,000 DWT   B
UBU TO EL DEKHEILA, DEC 20-29 70,000 TONS 10% COAL
$6.45                                         EZDK
=========   ORE                =======
CHINA PROGRESS 2006 COSCO HONG  160000/10    ORE
KONG RELET
PORT HEDLAND TO QINGDAO, 9/14 DEC
$4.70 FIO SCALE                               CQD
RIZHAO STEEL
------------------------------------------------------
CHS HARVEST 2006                160000/10    ORE
PORT HEDLAND TO QINGDAO, DEC 19
$4.75 FIO SCALE/30000SC                       BHP BILLITON
------------------------------------------------------
OCEAN CERES 1999                160000/10    ORE
WEST AUSTRALIA TO CHINA, EARLY JAN
$4.50 FIO SCALE/30000SC                       CARGILL
------------------------------------------------------
PACIFIC ACCORD 2007             160000/10    ORE
WEST AUSTRALIA TO CHINA, PPT
$4.50 FIO SCALE/30000SC                       CARGIL
------------------------------------------------------
TBN                             49000/10     ORE
KAMSAR TO POINT COMFORT, 16/22 DEC
$7.15 FIO 24000SC/15000SX   MICHELE BOTTIGLIERI ARMATORI SPA
FIXED END LAST WEEK

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