BALTIC FREIGHT INDEX

BALTIC FREIGHT INDEX

1440 (Jan. 30, 1992) 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 15 routes listed below.Dollar

Com- Metric

Routes modity Weight Ton Index

U.S. Gulf-North Continent L. Grain 10% 13.375 1473

Trans-Atlantic Round Time Charter 10% 10950 1671

U.S. Gulf-Japan H. Grain 10% 23.500 1645

Skaw Passero-Taiwan-Japan Time Charter 10% 14358 1938

U.S. North Pacific-Japan H. Grain 7.5% 14.117 1530

Trans-Pacific Round Time Charter 7.5% 10733 1596

U.S. Gulf-Venezuela H. Grain 5% 15.708 1346

Skaw Passero-Far East Time Charter 5% 11225 1388

Hampton Roads-Richards Bay-Japan Coal 7.5% 13.667 1325

Hampton Roads-North Continent Coal 5% 4.842 0994

Queensland-Rotterdam Coal 5% 11.758 1039

Vancouver-San Diego-Rotterdam Petcoke 5% 12.800 0974

Tubarao-Rotterdam Iron Ore 5% 6.008 1171

Casablanca-West Coast India Phosrock 2.5% 36.108 1011

Aqaba-West Coast India Phosrock 5% 18.917 1397