BALTIC FREIGHT INDEX

BALTIC FREIGHT INDEX

1539 (Mar. 29, 1990) Previous day - 1539

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 13.483 1485

U.S. Gulf-Japan

Grain 20 percent 26.000 1820

U.S. North Pacific-Japan

Grain 15 percent 15.225 1650

U.S. Gulf-Venezuela

Grain 5 percent 17.350 1487

Antwerp-Jeddah

Grain 5 percent 21.425 2057

Hampton Roads-Richards Bay-Japan

Coal 7.5 percent 16.942 1643

Hampton Roads-North Continent

Coal 5 percent 7.642 1322

Queensland-Rotterdam

Coal 5 percent 12.683 1120

Vancouver-San Diego-Rotterdam

Petcoke 5 percent 14.058 1070

Monrovia-Rotterdam

Iron Ore 5 percent 6.933 1541

Casablanca-West Coast India

Phosrock 2.5 percent 34.958 979

Aqaba-West Coast India

Phosrock 5 percent 20.083 1483