Page 46: of Maritime Reporter Magazine (June 1998)

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DRY BULK MARKET

Freight Rate Trends

Handy Panamax Cape

Handy Panamax Cape Handy Panamax Cape

YEAR 1979 46 42 45 42 44 46 53 55 50 57 54 49 72 66 67 82 75 83 79 79 86 75 74 74 77 79 82 80 79 80 105 101 97 86 88 93 1981 79 83 78 100 100 100 1980 95 94 90 74 76 73 88 89 82 82 86 73 86 87 77 86 86 86 79 77 66 94 101 97 85 74 66 99 102 90 74 72 56 91 96 9 59 63 49 80 81 75 57 61 52 90 88 73 60 61 54 94 93 74 60 62 56 86 90 78 56 59 49 105 94 87 1982 1983-

Ourk 's

Available in Solid Platinum, 18Kt, 14 Kt, 10Kt Gold & Sterling Silver u^Nothincf Compares to the (^volution ofj ^Conditional ^(yona />fs into ^Pdctti r and ore a'?uantif)n! M j . v; n -U • v'>? fit i 1984 1985 w * w^wm&r - • v/r- i

V / I *

American Handmade Designs 1-800-368-5595

A- 4- Strand Bracelet 14kt. S2.265; 18kt. S2.760

B-

Anchor Chain Bracelet (Available in any length) 7 1/2" 14kt. S1.487; 18kt. S1.937 c-

NGC Classic 3- Strand

Comfort Fit Ring 14kt. S620; 18kt. S795

D- 3- Strand Comfort Fit Ring (without outer rim) 14kt. S560; 18kt. S725

E-

Classic 3- Strand Ring 14kt. S485; 18kt. S635

F- 1- Strand Diamond Engagement Ring .50 ct. Diamond 14kt. S3,125; 18kt. S3,275

G-

Comfort Fit Anniversary Band (With princess cut diamonds set in Platinum and 18kt. Gold) S6.250

Circle 215 on Reader Service Card 1986 1987

Handy Panamax Cape 51 58 49 49 54 41 63 59 52 69 61 52 64 57 52 50 50 40 40 40 31 41 38 30 51 40 35 52 42 34 51 42 36 52 44 39 57 48 40 51 49 41 53 49 41 55 57 40 55 56 40 50 47 41 46 44 36 46 44 36 45 46 36 48 46 38 50 47 45 49 46 43 50 46 41 49 49 44 53 51 55 52 54 57 56 52 54

Wi CO 46 46 47 45 39 51 47 41 50 50 41 51 49 42 53 51 45 51 49 43 48 46 42 45 47 42 48 49 45 48 50 47 45 46 47 43 44 39 40 38 31 37 34 27 40 37 30 44 42 38 46 43 39 43 42 42 41 42 38 36 39 34 35 38 32 33 36 31 30 32 28 28 30 27 25 27 24 26 29 26 41 39 36 39 38 33 41 37 34 38 37 34 42 39 37 41 40 35 48 43 40 53 45 38 58 50 43 46 43 38 46 42 36 51 55 47 50 50 43 52 57 47 60 61 50 67 1 64 58 79 67 63 90 78 69 91 85 72 80 80 68 74 72 58 70 66 47 67 61 44 65 62 48 75 68 56 79 72 59

For a Free Color Catalogue or to Place an Order Call: Nautical Gold Creations, 23731 Madison St., Torrance, CA 90505 1-800-368-5595 Fax (24 hours) 310-791-5102 • E-Mail: [email protected]

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.