Baltic Dry Index Report -18 November 2015

Baltic Dry Index (BDI)    -18   519
Rates

		BCI	(Cape index)	BPI	(Panamax index)	BSI	(Supramax index)
INDEX		671	-62	477	-10	491	-13
SPOT TC AVG	(USD)	5597	-371	3810	-82	5131	-138
YESTERDAY	(USD)	5968		3892		5269
YEAR AGO	(USD)	22855		8442		9449

Spot  TC Average = The Average Value of the Main Shipping Routes applicable for each of the 3 types of Ships 
BDI=The Weighted Composite Index of BCI/BPI/BSI

Daily Chart For Cape/Panamax/Supra TC AVERAGE Values

PERIOD RATES(Figures in USD per day)

	Cape Size				Panamax
Period	Atlantic Delivery	Pacific Delivery		Period	Atlantic Delivery	Pacific Delivery
4/6 months	22250	14250		4/6 months	10750	7750
1 year	14900	12400		1 year	8750	7750
2 years	13750	13000		2 years	8500	8100
3 years	12750	12750		3 years	7800	7800
5 years	12750	12750		5 years	7800	7800

The above rates, applicable on Newbuilding vessels, are a Combination of Indicative Market Values and Last Reported.

Example of
Reported Fixtures

Ocean Energy: 69/98, dely Rotterdam 1-5 April, 4 to 6 mos, Redel Far East, 38000$/day, Hanjin

Glossary

Ocean Energy = Name of the ship 69 = 69,000 dwt = vessel size in deadweight tons 98 = Vessel built 98 4 to 6 mos = The duration of the charter in months Del = Where the charter will start Redel = Where the charter will finish 1-5 april = The period when the ship will be delivered WW = World wide Hanjin = Name of the Charterer

Reported Fixtures

Period Time Charter Cape Size

'Cape Century' 172683 dwt 2001 dely Xiamen spot   

        5/7 months trading redel worldwide $12850 daily  -  Swissmarine

Period Time Charter Panamax Size

'Leda C' 81526 dwt 2011 dely Kunsan 25/28 Sept

         5/7 mos trading redel worldwide $8000 daily - Cargill

(Source: 2015,DRY SHIPS)