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                                 Table 5.3-5.  Annual prices for blocked QS only transfers, prices for different sized blocks


                                 IPHC                                      Ave             Tot num          QS
                                 mngt    Vess             Block           price              of QS          per          Num of
                                 area    category         size       |    $/QS     |         trans         trans    |     trans



                                  2C     36 to 60 ft    <=  1,000    |    1.07     |       539,781        29,988    |      18
                                         <= 35 ft       <=  1,000    |    0.70     |       108,093        27,023    |       4

                                  3A     > 60 ft        <=  1,000    |    0.74     |       463,918        92,784    |       5
                                         36 to 60 ft    <=  1,000    |    0.70     |       808,946        50,559    |      16
                                         <= 35 ft       <=  1,000    |    0.70     |       126,965        14,107    |       9

                                  3B     > 60 ft        <=  1,000    |     C       |       201,892       201,892    |       1
                                         36 to 60 ft    <=  1,000    |    0.45     |       294,371        58,874    |       5
                                         <= 35 ft       <=  1,000    |     C       |        76,645        25,548    |       3

                                  4A     > 60 ft        <=  1,000    |     C       |       106,692        53,346    |       2
                                         36 to 60 ft    <=  1,000    |     C       |        49,669        16,556    |       3
                                         <= 35 ft       <=  1,000    |     C       |        40,175        13,392    |       3







                                  C indicates confidential data (fewer than four transactions)
                                  Data includes priced transfers and sweep-up transfers only
                                  Data includes only observations with positive prices
                                  Data was created on 1-3-96