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Wednesday, December 24, 2008

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 24 December 2008

Baltic Exchange Dry Index       774         (DOWN 10)

Baltic Exchange Capesize Index  1337        (DOWN 8)

Baltic Exchange Panamax Index   558         (DOWN 13)

Baltic Exchange Supramax Index  421         (DOWN 9)

Baltic Exchange Handysize Index 281         (DOWN 3)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change

BCI

Average of the T/C routes       $8889       (DOWN  63)

BPI

Average of the T/C routes       $4476       (DOWN  105)

BSI

Average of the T/C routes       $4405       (DOWN  91)

BHSI

Average of the T/C routes       $4113       (DOWN  45)

++

Baltic Exchange Capesize Index TM - 24 December 2008

Baltic Exchange Capesize Index     1337     (DOWN 8)

Rte

Num    Description                                     Weight Avg.   Move

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

C2     160000lt Tubarao -Rotterdam                     10     5.125  -0.039

C3     150000mt Tubarao - Beilun/Baoshan               15     8.850  -0.092

C4     150000mt Richards Bay - Rotterdam               5      6.195  -0.010

C5     150000mt W Australia - Beilun/Baoshan           15     5.500  -0.032

C7     150000mt Bolivar - Rotterdam                    5      5.510  -0.058

C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     6880   -79

C9_03  172000mt  Continent/Mediterranean trip Far East 5      11350  -215

C10_03 172000mt Pacific RV                             20     11054  19

C11_03 172000mt China/Japan trip Mediterranean/Cont    5      6273   23

C12    150000mt Gladstone - Rotterdam                  10     10.289 -0.031

Average of the T/C Routes                                     8889   -63

6+

Baltic Exchange Panamax Index TM - 24 December 2008

Baltic Exchange Panamax Index     558     (DOWN 13)

Rte

Num    Description                    Weight Avg. Move

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

P1A_03 74000mt Transatlantic RV       25     4458 -89

P2A_03 74000mt SKAW-GIB/FAR EAST      25     8043 -85

P3A_03 74000mt Japan-SK/Pacific/RV    25     2913 -150

P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     2490 -95

Average of the T/C Routes                    4476 -105

++++

Baltic Exchange Supramax Index TM - 24 December 2008

Baltic Exchange Supramax Index     421     (DOWN 9)

Rte

Num Description                        Weight Avg. Move

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

S1A Antwerp - Skaw Trip Far East       12.5   5614 -97

S1B Canakkale Trip Far East            12.5   5713 -168

S2  Japan - SK / NOPAC or Australia rv 25     3945 -50

S3  Japan - SK Trip Gib - Skaw range   25     3971 -29

S4A US Gulf - Skaw-Passero             12.5   5793 -270

S4B Skaw-Passero - US Gulf             12.5   2286 -36

Average of the T/C Routes                     4405 -91

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

S5  W.Africa  via ECSA to FarEast      0      5829 -42

S6  Jpn-SK trip via Aus/India          0      3975 -72

S7  EC India - China                   0      9940 -100

++

Baltic Exchange Handysize Index TM - 24 December 2008

Baltic Exchange Handysize Index     281     (DOWN 3)

Rte

Num Description                                        Weight Avg. Move

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

HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3233 -3

HS2 Skaw - Passero trip Boston / Galveston             12.5   3325 7

HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   6100 -178

HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   5367 -68

HS5 SE Asia trip via Australia to S'pore / Japan       25     3731 -33

HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3707 -26

Average of the T/C Routes                                     4113 -45

++

Baltic Exchange Daily Fixture/Index List 24/12/2008

BDI 774 (DOWN 10) BCI 1337 (DOWN 8) BPI 558 (DOWN 13)

BSI 421 (DOWN 9) BHSI 281 (DOWN 3)

Last published BDTI 1252 (No change) BCTI 839 (DOWN 1)

TIMECHARTER

'Alpha Action' 1994 150790 dwt  dely S.Japan spot 3/5 months trading redel worldwide $10500 daily - Noble

'Betis' 2004 76801 dwt  dely aps Cape Henry 10/20 Jan  trip redel Brazil $3750 daily + $115000 daily - cnr

'Astrale' 2000 75933 dwt  dely Ennore 26/28 Dec  trip via EC India redel China $8000 daily - cnr

'Great Eagle' 2005 74143 dwt  dely Tilbury in d/c early Jan  trip via Murmansk redel UKC approx $4000 daily - Cargill

'Angela Star' 1998 73798 dwt  dely Skaw early Jan  trip via Port Cartier redel Fos $7000 daily - Cargill

'Premnitz' 1994 72873 dwt  dely Hong Kong spot  trip via EC India redel N.China $2000 daily - Brownstone

'Golden Joy' 1994 70000 dwt  dely Nantong 30/31 Dec  trip trip via EC India redel China $2500 daily - Uniwell

'Cumbria' 1994 69043 dwt  dely Hong Kong 24/27 Dec  trip via India redel China $3000 daily - Uniwell

'Star Cosmo' 2005 52247 dwt  dely aps Cape Henry 10/20 Jan  trip redel Brazil $5950 daily - cnr

ORE

'Alpha Century' 2000 160000/10 Port Hedland/Qingdao 15/25 Jan $5.90 fio scale/30000sc - BHP Billiton

'ZOSCO Zhoushan' 1994 140000/10 Goa/China 12/20 Jan $6.00 fio 20000dc-15000sc/30000sc - Noble

GRAIN

'Mega Doner' 55000/10 hss US Gulf/China 1/5 Jan $21.00 fio 10000sx/10000sx - Sinochart

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