Dry cargo fixture summary - 02 April 2007

Dry cargo fixture summary - 02 April 2007

==========================

BDI Baltic Dry Index 5417 UP 29

BCI Baltic Capesize Index 7888 UP 78

BPI Baltic Panamax Index 5016 UP 13

BSI Baltic Supramax Index 3489 UP 7

BHSI Baltic Handysize Index 1775 NO CHANGE

Timecharter

-----------

'Southern Explorer' 2002 177493 dwt - <reported 30/03 the charterer is

STX Pan Ocean>

'Cape Shanghai' newbuilding 175000 dwt dely ex yard Shanghai 31 Mar/2 Apr

trip via West Australia redel China $87500 daily - cnr

'Glorius' 2004 171320 dwt dely China in d/c 20/30 Apr 1 years trading

redel worldwide approx $75000 daily - BHP Billiton

'Coppersmith' 1995 149735 dwt dely Oita 4/6 Apr trip via West Australia

redel Japan $74000 daily - Shinwa

'Amazon' 1990 149494 dwt dely Algeciras 16/21 Apr trip via Ponta Da

Madeira redel China $100000 dailly - Glory Wealth

'Royal Breeze' 2002 76679 dwt dely retro Santander 28 Mar trip via Brazil

redel China $44900 daily - Pioneer Metals

'Maritime Suzana' Dreyfus relet 2005 76619 dwt dely Praia Mole 14/16 Apr

trip via Brazil redel China $45000 daily + $825000 bb - Pioneer Metals

'CMB Laetitia' newbuilding 76000 dwt dely ex yard Jiangnan 19/21 Apr 1

years trading redel worldwide $35450 daily - Sinochart

'Danae' 2005 75348 dwt - <reported 30/03 the charterer is Atlas Bulk

Shipping>

'Amira' Golden Ocean relet 2001 74401 dwt dely Far East May 11/13 months

trading redel worldwide $34250 daily - Glory Wealth

'Cemtex Venture' Glencore relet 2003 73546 dwt dely Aden ppt trip via EC

South America redel Far East $42000 daily - Sinochart

'Hanjin Tacoma' 1994 70337 dwt dely Immingham 2/5 Apr trip via Murmansk

redel Continent $39000 daily - Atlas Bulk Shipping

'Theonikiki' 1984 65772 dwt dely PMO 6/9 Apr trip via WC India redel

China $30000 daily - Pacific Bulk

'SD Progress' 1989 65708 dwt dely Xiamen 8/12 Apr trip via Indonesia

redel Singapore-Japan rge $33000 daily - Sunwoo

'Dimitris Perrotis' 1984 64933 dwt dely Inchon 10/15 Apr 4/6 months

trading redel worldwide $31000 daily - Atlas Bulk Shipping

'Spar Canis' 2006 53565 dwt dely Fangcheng 15/25 April 1 years trading

redel worldwide $32000 daily - Farenco

'Pacific Mercury' 1996 49016 dwt dely Fukuyama 4/6 April trip via

Philippines redel China approx $36750 daily - Sinochart

'Bonasia' 2001 46509 dwt dely worldwide June/August 2007 2 years trading

redel worldwide approx $25500 daily - Korea Line

'Agia Sofia' 1982 35063 dwt dely Black Sea 31 Mar/2 Apr trip redel US

Gulf $17000 daily - Unicargo

'Pontoporos' 1984 29155 dwt 13 on 22+1.7 dely Mombasa 9/11 April trip via

South Africa redel UKCont approx $23000 daily - Island View Shipping

'Aonoble' 1994 27308 dwt 13 on 21+0.2 dely passing Aden 3/7 April trip

via South Africa redel USGulf approx $19250 daily - Oldendorff