IMAREX (Freight Derivatives)

Imarex is the only organized marketplace in the world for trading and clearing of freight derivatives. They offer full service brokerage including a trading platform and clearing house. The freight covered is for wet and dry cargoes with forward coverage of the same liquid route/vessel size combinations that are listed on the Baltic Exchange. LIM captures daily settlement values for clean and dirty tanker rates expressed in percentage Worldscale, going forward 4 months, 6 quarters and two calender years. The data service through LIM and pricing is available by arrangement with the exchange.

Please contact Mikal Boe at +47 23 89 42 27, or email mikal.boe@imarex.com.

See www.imarex.com for more information.