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Wednesday, January 14, 2009

Baltic Exchange Daily Summary of Baltic Exchange Dry Indices - 14 January 2009

Baltic Exchange Dry Index       920         (UP 9)

Baltic Exchange Capesize Index  1888        (UP 24)

Baltic Exchange Panamax Index   513         (DOWN 7)

Baltic Exchange Supramax Index  409         (UP 7)

Baltic Exchange Handysize Index 275         (UP 5)

Daily Summary of the Baltic Exchange Time Charter Routes

                                Rate($/Day) Change

BCI

Average of the T/C routes       $15684      (UP  449)

BPI

Average of the T/C routes       $4084       (DOWN  52)

BSI

Average of the T/C routes       $4274       (UP  66)

BHSI

Average of the T/C routes       $4066       (UP  90)

<<>>

Baltic Exchange Capesize Index TM - 14 January 2009

Baltic Exchange Capesize Index     1888     (UP 24)

Rte

Num    Description                                     Weight Avg.   Move

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

C2     160000lt Tubarao -Rotterdam                     10     7.791  0.173

C3     150000mt Tubarao - Beilun/Baoshan               15     14.069 0.574

C4     150000mt Richards Bay - Rotterdam               5      7.823  0.041

C5     150000mt W Australia - Beilun/Baoshan           15     6.036  -0.137

C7     150000mt Bolivar - Rotterdam                    5      8.132  0.164

C8_03  172000mt Gibraltar/Hamburg trans Atlantic RV    10     16982  482

C9_03  172000mt  Continent/Mediterranean trip Far East 5      24096  1534

C10_03 172000mt Pacific RV                             20     13335  -311

C11_03 172000mt China/Japan trip Mediterranean/Cont    5      8325   92

C12    150000mt Gladstone - Rotterdam                  10     11.825 0.065

Average of the T/C Routes                                     15684  449

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Baltic Exchange Panamax Index TM - 14 January 2009

Baltic Exchange Panamax Index     513     (DOWN 7)

Rte

Num    Description                    Weight Avg. Move

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

P1A_03 74000mt Transatlantic RV       25     4814 -126

P2A_03 74000mt SKAW-GIB/FAR EAST      25     8693 -69

P3A_03 74000mt Japan-SK/Pacific/RV    25     1693 -9

P4_03  74000mt FAR EAST/NOPAC/SK-PASS 25     1137 -2

Average of the T/C Routes                    4084 -52

<<>>

Baltic Exchange Supramax Index TM - 14 January 2009

Baltic Exchange Supramax Index     409     (UP 7)

Rte

Num Description                        Weight Avg. Move

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

S1A Antwerp - Skaw Trip Far East       12.5   5097 -50

S1B Canakkale Trip Far East            12.5   5198 -25

S2  Japan - SK / NOPAC or Australia rv 25     3588 58

S3  Japan - SK Trip Gib - Skaw range   25     3777 55

S4A US Gulf - Skaw-Passero             12.5   6500 247

S4B Skaw-Passero - US Gulf             12.5   2664 128

Average of the T/C Routes                     4274 66

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

S5  W.Africa  via ECSA to FarEast      0      6211 239

S6  Jpn-SK trip via Aus/India          0      3708 60

S7  EC India - China                   0      8685 -144

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Baltic Exchange Handysize Index TM - 14 January 2009

Baltic Exchange Handysize Index     275     (UP 5)

Rte

Num Description                                        Weight Avg. Move

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

HS1 Skaw - Passero trip  Recalada - Rio de Janeiro     12.5   3029 -3

HS2 Skaw - Passero trip Boston / Galveston             12.5   3100 -7

HS3 Recalada / Rio de Janeiro trip Skaw / Passero.     12.5   6161 5

HS4 US Gulf trip via US Gulf or NCSA to Skaw / Passero 12.5   4965 15

HS5 SE Asia trip via Australia to S'pore / Japan       25     4156 318

HS6 S Korea / Japan via NOPAC to  S'pore-Japan         25     3479 36

Average of the T/C Routes                                     4066 90

<<>>

Baltic Exchange Daily Fixture/Index List 14/01/2009

BDI 920 (UP 9) BCI 1888 (UP 24) BPI 513 (DOWN 7)

BSI 409 (UP 7) BHSI 275 (UP 5)

Last published BDTI 692 (DOWN 12) BCTI 548 (DOWN 5)

TIMECHARTER

'Linda Dream' 2007 180180 dwt  dely Continent ppt  trip via Brazil redel China approx $24000 daily - Cargill

'Mineral Belgium' 2001 171509 dwt  dely Gijon ppt  trip via Brazil redel China $23000 daily - Cargill

'S.A. Altius' 2001 171509 dwt      - <reported 13/01 the correct rate is $21500 daily>

'Aquabreeze' Constellation relet 2003 171012 dwt  dely Rotterdam 2/4 Feb  trip via Brazil redel China $24000 daily - Vale

'Iron Bradyn' GMI relet 2005 82597 dwt  dely Hay Point 25/30 Jan  trip redel Sweden $1200 + $122500 - BHP Billiton

'Coal Hunter' 2006 82295 dwt  dely Skaw spot  trip via US Gulf redel China int grain $10500 daily - Sinochart

'Torm Antwerp' 2008 76886 dwt  dely Maputo 22/24 Jan  trip via EC South America redel Singapore-Japan $9000 daily - Chinese chrtr

'Royal Breeze' 2002 76679 dwt  dely Skaw 15/20 Jan  trip via US Gulf redel China $7800 daily - Cargill

'Avoca' 2004 76629 dwt  dely psg Keelung 15/16 Jan  trip via Newcastle redel Taiwan $1900 daily - Kwangming

'Danae' 2001 75106 dwt  dely Amsterdam 22/24 Jan  trip via US Gulf redel China $8300 daily - Cosco Qingdao

'Elbe Max' 1999 73548 dwt  dely Mundra 15/25 Jan  trip via Richards Bay redel Mundra $4900 daily - Oldendorff

'Spring Peacock' 1998 72497 dwt  dely Richards Bay 27/30 Jan  trip redel Continent $2100 daily + $122500 bb - BHP Billiton

'Nord Jupiter' 2006 71171 dwt  dely Suape 28/30 Jan  trip via River Plate redel China $9000 daily + $230000 bb - Danzas

'COS Prosperity' 2006 55500 dwt  dely PMO end January  trip via West Coast India redel China $6000 daily - OBS

'Falcon Trader 2'  2009 54900 dwt  dely ex yard Oshima spot  trip via East Coast Australia redel East Coast India $4500 daily - Doric Ocean Transport

'Navios Mercator' 2002 53553 dwt  dely PMO 16/20 January  trip via West Coast India redel China $5000 daily - Uniwell

'Rea' 2003 53125 dwt  dely Singapore spot  trip via Australia redel Singapore-Japan approx $5500 daily - cnr - <recent>

'Alex D' 1989 52135 dwt  dely Singapore spot  trip via India redel Singapore-Japan approx $3000 daily - Seawin

'Smart' 1982 36205 dwt  dely aps Santos 13/15 Jan 2 laden legs redel Atlantic $6500 daily - cnr

'Ocean Pearl' 1994 28458 dwt  dely Dabo spot trip via West Australia redel Singapore-Japan rge $4500 daily - Oldendorff

'Fu Jin' 1977 25884 dwt  dely Tanjung Manis prompt trip redel Red Sea $4000 daily + $30000 bb - PUC

ORE

'Pacific Accord' 2007 170000/10 Port Hedland/Qingdao 20/30 Jan $6.00 fio scale/30000sc - Cargill - <fixed last week>

'Star Beta' 1993 160000/10 Dampier/Qingdao 16/24 Jan $6.25 fio scale/30000sc - Rio Tinto

'Harmonious' 2007 160000/10 Port Hedland/Qingdao 20/30 Jan $6.00 fio scale/30000sc - BHP Billiton

'Iron Queen' 1996 option 'Cape Mercury' 1997 150000/10 Itaquai/Qingdao 1/10 Feb $15.50 fio scale/30000sc - Bao Island

COAL

'TBN' 150000/10 Dalyrmple/Rizhao 20/30 Jan $7.50 fio scale/30000sc - Rio Tinto

'STX Pan Ocean TBN' 125000/10 Gladstone/Taean 1/10 Feb $5.88 fio scale/33000sc - KEPCO

'Cosbulk TBN' 70000/10 IBT/Porto Torres 20/28 Jan $9.25 fio 20000sc/15000sc - Flame

'Noble TBN' 70000/10 Newport News/Vizakhapatnam 1/10 Feb $16.45 fio 35000sx/20000sc - VSP

'North Prince' 1999 70000/10 Vancouver or Prince Rupert/China 15/20 Jan $7.75 fio 35000sc/15000sc - Oxbow

///END OF MESSAGE///

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