BALTIC FREIGHT INDEX

BALTIC FREIGHT INDEX

1456 (Apr. 12, 1990) Previous day - 1459

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 23.950 1676

U.S. North Pacific-Japan

Grain 15 percent 13.600 1474

U.S. Gulf-Venezuela

Grain 5 percent 16.608 1423

Antwerp-Jeddah

Grain 5 percent 21.092 2025

Hampton Roads-Richards Bay-Japan

Coal 7.5 percent 15.983 1550

Hampton Roads-North Continent

Coal 5 percent 7.233 1252

Queensland-Rotterdam

Coal 5 percent 12.500 1104

Vancouver-San Diego-Rotterdam

Petcoke 5 percent 13.633 1037

Monrovia-Rotterdam

Iron Ore 5 percent 6.758 1502

Casablanca-West Coast India

Phosrock 2.5 percent 34.333 962

Aqaba-West Coast India

Phosrock 5 percent 19.750 1458

*Apr. 16 - Holiday.