Baltic Dry Index 21/07/06

BDI 3191 (Up 29)

BCI 4347 (Up 45)

BPI 2956 (Up 28)

BSI 2288 (Up 13)

TIMECHARTER

'Thalassini Niki' 2005 171809 dwt dely Shanghai 27/29 July trip via West Australia redel China $45000 daily ? BHPB

'Ocean Cosmos' 2000 171191 dwt dely S Japan 6/8 July trip via West Australia redel China $42000 daily - Cargill

'Filomena Lembo' 2006 82500 dwt dely Kamaishi spot trip via Newcastle redel Malaysia $23750 daily - Hanjin

'Vassos' 2004 76300 dwt 14 on 33 dely Passero 21/23 July trip via EC South America redel Singapore-Japan $25000 daily ? Cargill

'Patya Bulker' 2004 76015 dwt dely Xingang 24/27 July trip via North China redel India $25000 daily ? STX Pan Ocean

'Orsolina Bottiglieri' 2001 75413 dwt dely Japan 27/29 July trip via Australia redel Singapore-Japan $23000 daily -

'Leto' 2001 75169 dwt dely Aden spot trip via EC South America redel Singapore-Japan $21750 daily ? Bunge

'National Prosperity' 1995 75100 dwt 14 on 32 + 2 dely Zhangzhou 30 July/3 August 11/13 months trading redel worldwide $21000 daily - Transfield

'Angelic Power' 2002 74764 dwt dely Muscat spot 2 laden legs redel worldwide $21000 daily ? Bunge

'Seamaid' TBR 1999 74461 dwt dely worldwide October 2006 2 years trading redel worldwide $19250 daily ? G.Bottiglieri

'Great Intelligence' 2000 74293 dwt 14 on 34 dely Haldia spot trip via East Coast India redel China $18000 daily ? North China Lines

'Nicos L' 2002 74000 dwt dely Passero 21/22 July trip via EC South America redel Singapore-Japan $24000 daily ?

'Elinakos' 1997 73751 dwt dely Hamburg 27/30 July 12/14 months trading redel worldwide $22000 daily ? Deiulemar

'CSK Eminence' 1997 73606 dwt dely Xingang 2/8 August 4/6 months trading redel worldwide $24750 daily ? Dreyfus

'Ocean Crystal' 1999 73600 dwt 14/14.5 on 35.5 dely Passero 27/30 July 4/5 months trading redel worldwide $24750 daily - Bunge

'Nicos L' 2002 73193 dwt 14 on 31 + 2.5 dely Passero 21/25 July trip via EC South America redel China $24000 daily ?

'Fu Le' 1998 71332 dwt del aps Tubarao 7/17 August trip redel Taiwan $23000 daily + $500000 bb ? CSE Transport

'Teng Fei Hai' 1995 69877 dwt dely Lanshan spot 4/6 months trading redel worldwide $23000 daily -

'Scenery Sea' 1991 69358 dwt dely Gresik 30/31 July trip via Australia redel Singapore-Japan $26500 daily -

'Hellenic Sky' 1994 68591 dwt dely Inchon 25/30 July trip via Nopac redel Singapore-Japan $21000 daily ? Dreyfus

'Delfa' 2005 53594 dwt dely Texas Gulf 26/30 July trip redel West Coast Central America $20000 daily ? Armada

'Maritime Diamond' 1995 47574 dwt dely Chennai 26/30 July trip redel China approx $18500 daily -

'Aliki' L' 1985 42592 dwt dely Black Sea 1/10 August 3/5 months trading redel worldwide $17750 daily -

ORE

'Red Lily' 70000/10 Tubarao/Ghent 1/10 August $18.00 fio 4 days shinc - Perseveranza

COAL

'MOSK TBN' 150000/10 Richards Bay/Rotterdam 15/30 August $17.30 fio scale/25000 shinc - BHPB

'Bulk Leher' 1992 120000/10 Newcastle/Taranto 15/25 August $23.00 fio 50000/30000 sc bends - Rio Tinto

'TBN' 70000/10 Puerto Prodeco/Fos 1/10 August $18.75 fio 5 days shinc - Total