Capesize Timecharter Average (C5TC) 15,383 -71 ↓ Panamax Timecharter Average (P5TC) 11,572 -74 ↓ Supramax Timecharter Average (S11TC) 12,489 78 ↑ Handysize Timecharter Average (HS7TC) 10,155 70 ↑ P1A_82 Skaw-Gibraltar transatlantic round voyage 82,500 10,309 -264 ↓ P2A_82 Skaw-Gibraltar trip to Taiwan-Japan 82,500 17,204 -9 ↓ P3A_82 Japan-South Korea transpacific round voyage 82,500 1

Baltic Exchange Index Summary - 19/05/2025 ============================= BDI        1,347 -41 BCI-180    1,888 -130 TCavg 15,656 -1,080 BCI-182               TCavg 19,174 -1,247 BPI-82     1,293 +3   TCavg 11,635 +27 BSI-63       980 +2   TCavg 12,388 +30 BHSI-38   

Capesize Timecharter Average (C5TC) 15,454 -202 ↓ Panamax Timecharter Average (P5TC) 11,646 11 ↑ Supramax Timecharter Average (S11TC) 12,411 23 ↑ Handysize Timecharter Average (HS7TC) 10,085 71 ↑ P1A_82 Skaw-Gibraltar transatlantic round voyage 82,500 10,573 -195 ↓ P2A_82 Skaw-Gibraltar trip to Taiwan-Japan 82,500 17,213 30 ↑ P3A_82 Japan-South Korea transpacific round voyage 82,500 1

Baltic Exchange Index Summary - 16/05/2025 ============================= BDI        1,388 +83 BCI-180    2,018 +247 TCavg 16,736 +2,045 BCI-182               TCavg 20,421 +2,024 BPI-82     1,290 +3   TCavg 11,608 +23 BSI-63       978 +3   TCavg 12,358 +31 BHSI-38   

Pmax82 P1A_82 Skaw-Gibraltar transatlantic round voyage 82,500 11,995 -371 ↓ P2A_82 Skaw-Gibraltar trip to Taiwan-Japan 82,500 18,205 -586 ↓ P3A_82 Japan-South Korea transpacific round voyage 82,500 9,896 -35 ↓ P4_82 Japan-South Korea trip to Skaw-Passero 82,500 8,444 -30 ↓ P6_82 Singapore round voyage via Atlantic 82,500 12,355 -225 ↓ Panamax Timecharter Average (P5TC) 11,844 -231 ↓