BALTIC FREIGHT INDEX

BALTIC FREIGHT INDEX

1436 (Apr. 19, 1990) Previous day - 1444

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 13.317 1467

U.S. Gulf-Japan

Grain 20 percent 24.025 1682

U.S. North Pacific-Japan

Grain 15 percent 12.875 1396

U.S. Gulf-Venezuela

Grain 5 percent 16.250 1392

Antwerp-Jeddah

Grain 5 percent 20.958 2012

Hampton Roads-Richards Bay-Japan

Coal 7.5 percent 15.933 1545

Hampton Roads-North Continent

Coal 5 percent 7.183 1243

Queensland-Rotterdam

Coal 5 percent 12.475 1102

Vancouver-San Diego-Rotterdam

Petcoke 5 percent 13.450 1023

Monrovia-Rotterdam

Iron Ore 5 percent 6.758 1502

Casablanca-West Coast India

Phosrock 2.5 percent 34.083 955

Aqaba-West Coast India

Phosrock 5 percent 19.333 1428