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Friday, January 02, 2009

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 2 January 2009

Baltic Exchange Dry Index       773         (DOWN 1)
Baltic Exchange Capesize Index  1361        (UP 24)
Baltic Exchange Panamax Index   540         (DOWN 18)
Baltic Exchange Supramax Index  411         (DOWN 10)
Baltic Exchange Handysize Index 279         (DOWN 2)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change BCI
Average of the T/C routes       $8997       (UP  108)
BPI
Average of the T/C routes       $4326       (DOWN  150)
BSI
Average of the T/C routes       $4295       (DOWN  110)
BHSI
Average of the T/C routes       $4096       (DOWN  17)

Baltic Exchange Capesize Index TM - 2 January 2009

Baltic Exchange Capesize Index     1361     (UP 24)

Rte
Num    Description                                     Weight Avg. 
Move
====== =============================================== ====== ====== =====
C2     160000lt Tubarao -Rotterdam                     10     5.195
0.070
C3     150000mt Tubarao - Beilun/Baoshan               15     9.104
0.254
C4     150000mt Richards Bay - Rotterdam               5      6.250
0.055
C5     150000mt W Australia - Beilun/Baoshan           15     5.655
0.155
C7     150000mt Bolivar - Rotterdam                    5      5.559
0.049
C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     6814 
-66
C9_03  172000mt  Continent/Mediterranean trip Far East 5      11654
304
C10_03 172000mt Pacific RV                             20     11288
234
C11_03 172000mt China/Japan trip Mediterranean/Cont    5      6233 
-40
C12    150000mt Gladstone - Rotterdam                  10     10.350
0.061
Average of the T/C Routes                                     8997 
108

Baltic Exchange Panamax Index TM - 2 January 2009

Baltic Exchange Panamax Index     540     (DOWN 18)

Rte
Num    Description                    Weight Avg. Move
====== ============================== ====== ==== ====
P1A_03 74000mt Transatlantic RV       25     4531 73
P2A_03 74000mt SKAW-GIB/FAR EAST      25     7808 -235
P3A_03 74000mt Japan-SK/Pacific/RV    25     2667 -246
P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     2297 -193
Average of the T/C Routes                    4326 -150

Baltic Exchange Supramax Index TM - 2 January 2009

Baltic Exchange Supramax Index     411     (DOWN 10)

Rte
Num Description                        Weight Avg. Move
=== ================================== ====== ==== ====
S1A Antwerp - Skaw Trip Far East       12.5   5479 -135
S1B Canakkale Trip Far East            12.5   5638 -75
S2  Japan - SK / NOPAC or Australia rv 25     3872 -73
S3  Japan - SK Trip Gib - Skaw range   25     3936 -35
S4A US Gulf - Skaw-Passero             12.5   5425 -368
S4B Skaw-Passero - US Gulf             12.5   2206 -80
Average of the T/C Routes                     4295 -110

The route(s) below do not form part of the index calculation
S5  W.Africa  via ECSA to FarEast      0      5736 -93
S6  Jpn-SK trip via Aus/India          0      3956 -19
S7  EC India - China                   0      9440 -500

Baltic Exchange Handysize Index TM - 2 January 2009

Baltic Exchange Handysize Index     279     (DOWN 2)

Rte
Num Description                                        Weight Avg.
Move
=== ================================================== ====== ==== ====
HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3229 -4
HS2 Skaw - Passero trip Boston / Galveston             12.5   3307 -18
HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   6250 150
HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   5283 -84
HS5 SE Asia trip via Australia to S'pore / Japan       25     3700 -31
HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3650 -57
Average of the T/C Routes                                     4096 -17

* TIME CHARTER FIXTURES - 2 January 2009 *

*** PLEASE NOTE: FIXTURES HERE ARE REPORTED FIXED FROM DECEMBER 22 TO JANUARY 1

----------------------------------------------
GOOD NEWS 1982                   138484    TCT
                                  DWT
DEL WC INDIA, PPT, TRIP, REDEL CHINA
$6000 DAILY + $275000 BB                 NOBLE
----------------------------------------------
ORANGE TRUTH 2006                82962 DWT TCT
DEL JOHOR BAHRU, SPOT, TRIP VIA INDONESIA, REDEL SINGAPORE-JAPAN RGE
$5000 DAILY                              CNR
FIXED LAST WEEK
----------------------------------------------
GIUSEPPE RIZZO 2004 COSCO        77684 DWT TCT
EUROPE RELET
DEL IMMINGHAM, JAN 8/14, 1/2 LADEN LEGS, REDEL SKAW-CAPE PASSERO
$5500 DAILY                              CARGILL
FIXED EARLIER THIS WEEK
----------------------------------------------
MEDI TAIPEI 2003                 76633 DWT TCT
DEL QINGDAO, SPOT, TRIP VIA AUSTRALIA, REDEL SINGAPORE-JAPAN RGE
$2000 DAILY                              DAEBO
FIXED 30/12
----------------------------------------------
NORD GALAXY 2006                 76500 DWT TCT
DEL MAILIAO, JAN 4/8, TRIP VIA INDONESIA, REDEL TAIWAN
$2400 DAILY                              GRAND CHINA SHIPPING
----------------------------------------------
ELLY 1999                        74000 DWT TCT
DEL MINA SAQR, SPOT, TRIP VIA AL JUBAIL, REDEL WC INDIA
$5000 DAILY                              GREAT EASTERN
----------------------------------------------
ALKAIOS 1985                     66234 DWT TCT
DEL BRIXHAM, SPOT, TRIP VIA MURMANSK, REDEL UKC
$4000 DAILY                              SUEK
FIXED LAST WEEK
----------------------------------------------
LOWLANDS PATRASCHE 2007          58790 DWT TCT
DEL APS TAMPA, EARLY JANUARY, TRIP, REDEL INDIA
APPROX $8250 DAILY                       CARGILL
----------------------------------------------
GENCO WISDOM 1997 HMM RELET      47000 DWT TCT
DEL USGULF, EARLY JANUARY, TRIP, REDEL SPAIN
$4000 DAILY                              ARMADA
----------------------------------------------
BROTHER GLORY 1998               46211 DWT TCT
DEL SOUTH WEST PASS, JAN 2/3, TRIP, REDEL BUENAVENTURA
$7500 DAILY                              BUNGE

** DRY VOYAGE FIXTURES - 2 January 2009 **

*** PLEASE NOTE: FIXTURES HERE ARE REPORTED FIXED FROM DECEMBER 23 TO JANUARY 1

=========   ORE                =======
------------------------------------------------------
CIC CAPTAIN VENIAMIS 2001       160000/10    ORE
PORT HEDLAND TO QINGDAO, 3/9 JAN
$5.90 FIO SCALE/30000SC                       BHP BILLITON
RECENT
------------------------------------------------------
PASCHALIS D 2002                160000/10    ORE
PORT HEDLAND TO QINGDAOO, 1/15 JAN
APPROX $5.95 FIO SCALE/30000SC                BHP BILLITON
RECENT
------------------------------------------------------
ALPHA CENTURY 2000              160000/10    ORE
PORT HEDLAND TO QINGDAO, 15/25 JAN
$5.90 FIO SCALE/30000SC                       BHP BILLITON
FIXED
------------------------------------------------------
PITSA D 2002                    160000/10    ORE
PORT HEDLAND TO QINGDAO, 1/15 JAN
APPROX $5.95 FIO SCALE/30000SC                BHP BILLITON
RECENT
------------------------------------------------------
SEALINK PROSPERITY 1984         160000/10    ORE
LESS VISAKHAPATNAM TO QINGDAO, 10/15 JAN
$4.75 BASIS 3.75% FIO 40000SC/30000SC         NOBLE CHARTERING
------------------------------------------------------
COSCO TBN                       150000/10    ORE
PORT HEDLAND TO QINGDAO, 1/11 JAN
APPROX $5.90 FIO SCALE/30000SC                BHP BILLITON
------------------------------------------------------
SALT LAKE CITY 2005 NCS RELET   150000/10    ORE
WEST AUSTRALIA TO QINGDAO, 6/15 JAN
$5.20 FIO SCALE/30000SC                       SHAGANG
RECENT

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