BALTIC FREIGHT INDEX

BALTIC FREIGHT INDEX

1539 (Mar. 28, 1990) Previous day - 1546

The Baltic International Freight Futures Market in London offers owners and charterers in the bulk shipping community a forum for futures trading of a freight rate index. The contracts are based on the Baltic Freight Index, announced daily, of 12 routes listed below. DollarCom- Metric

Routes modity Weight Ton Index

U.S. Gulf-North Continent

Grain 20 percent 13.500 1487

U.S. Gulf-Japan

Grain 20 percent 26.120 1828

U.S. North Pacific-Japan

Grain 15 percent 15.450 1675

U.S. Gulf-Venezuela

Grain 5 percent 17.340 1486

Antwerp-Jeddah

Grain 5 percent 21.400 2054

Hampton Roads-Richards Bay-Japan

Coal 7.5 percent 16.950 1643

Hampton Roads-North Continent

Coal 5 percent 7.660 1326

Queensland-Rotterdam

Coal 5 percent 12.670 1119

Vancouver-San Diego-Rotterdam

Petcoke 5 percent 14.150 1077

Monrovia-Rotterdam

Iron Ore 5 percent 6.940 1542

Casablanca-West Coast India

Phosrock 2.5 percent 35.010 981

Aqaba-West Coast India

Phosrock 5 percent 20.200 1492