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 ↓

Baltic Exchange Index Summary - 09/05/2025 ============================= BDI        1,299 -17 BCI-180    1,709 -43 TCavg 14,169 -363 BCI-182              TCavg 17,835 -476 BPI-82     1,353 -10 TCavg 12,173 -96 BSI-63       969 +1  TCavg 12,248 +18 BHSI-38      554  0  T

Capesize Timecharter Average (C5TC) 14,532 -1,518 ↓ Panamax Timecharter Average (P5TC) 12,269 12 ↑ Supramax Timecharter Average (S11TC) 12,230 79 ↑ Handysize Timecharter Average (HS7TC) 9,979 -68 P1A_82 Skaw-Gibraltar transatlantic round voyage 82,500 12,464 246 ↑ P2A_82 Skaw-Gibraltar trip to Taiwan-Japan 82,500 18,725 567 ↑ P3A_82 Japan-South Korea transpacific round voyage 82,500 10,