BALTIC FREIGHT INDEX

BALTIC FREIGHT INDEX

1444 (Apr. 18, 1990) Previous day - 1447

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 13.375 1473

U.S. Gulf-Japan Grain 20 percent 24.167 1692

U.S. North Pacific-Japan Grain 15 percent 13.075 1417

U.S. Gulf-Venezuela Grain 5 percent 16.317 1398

Antwerp-Jeddah Grain 5 percent 21.000 2016

Hampton Roads-Richards Bay-Japan Coal 7.5 percent 15.942 1546

Hampton Roads-North Continent Coal 5 percent 7.192 1245

Queensland-Rotterdam Coal 5 percent 12.475 1102

Vancouver-San Diego-Rotterdam Petcoke 5 percent 13.492 1027

Monrovia-Rotterdam Iron Ore 5 percent 6.742 1498

Casablanca-West Coast India Phosrock 2.5 percent 34.208 958

Aqaba-West Coast India Phosrock 5 percent 19.500 1440