Dry cargo fixture summary - 12 April 2007

Subject: Dry cargo fixture summary - 12 April 2007

Dry cargo fixture summary - 12 April 2007

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BDI Baltic Dry Index 5546 DOWN 10

BCI Baltic Capesize Index 7990 DOWN 96

BPI Baltic Panamax Index 5248 UP 22

BSI Baltic Supramax Index 3577 UP 30

BHSI Baltic Handysize Index 1785 UP 11

Timecharter

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'Harumatou' 2004 177243 dwt dely Kashima ppt 12 months trading redel

worldwide $78500 daily - TMT

'Pantelis SP' 1999 169883 dwt dely Far East Feb/Mar 2008 4 years trading

redel worldwide $50000 daily - Glory Wealth

'Anangel Splendour' Bocimar relet 1993 161587 dwt dely Oita 19/21 Apr

trip via Indonesia redel UKC $55000 daily option via West Australia redel

UKC $60000 daily - SK Shipping

'Ocean Dragon' 1997 150159 dwt dely retro Maijisan 7 Apr trip via

Richards Bay redel Continent $45500 daily option redel Spain $43000 daily

- Swiss Marine

'Yasa Fortune' 2006 82849 dwt dely Kinuura 12/14 Apr trip via EC

Australia redel Japan $44750 daily - NYK

'Filomena Lembo' 2006 82790 dwt dely Fukuyama 16/18 Apr trip via

Australia redel Taiwan $44000 daily - China Steel Express

'Fortune Ocean' STX Pan Ocean relet 2006 76801 dwt dely Jintangang 12/14

Apr 5/7 months trading redel worldwide $41500 daily - Swiss Marine

'Pantazis L' Sinochart Europe relet 2003 76629 dwt dely Cape Passero

20/22 Apr 1 year redel worldwide $41000 daily - cnr

'Salvatore Cafiero' 2001 75688 dwt dely Continent ppt trip via Narvik

redel Black Sea $46000 daily - MOSK

'Anna' 2002 75162 dwt dely Worldwide May 12 months trading redel

worldwide $37000 daily - MOSK

'Thalia' 2001 75120 dwt dely retro Jorf Lasfar 5 Apr trip via River Plate

redel Spain $44000 daily - Transgrain

'Lilian Z' GMI relet 1999 74461 dwt dely retro Cape Passero 7 Apr 2 laden

legs redel Atlantic $43500 daily - Cobelfret

'Nereid' 2001 74295 dwt dely Immingham 18/20 Apr trip via Murmansk redel

Spain $44000 daily - EdF

'Greta R' 1989 68772 dwt dely China 20/23 Apr 4/6 months redel worldwide

$38500 daily - Norden

'Glorious Rena' 1987 68337 dwt dely Shanghai 1/5 May 6/8 months trading

redel worldwide $36500 daily - United

'Artaki' 1994 66865 dwt dely Central Med spot trip via Brazil redel Skaw-

Cape Passero $34500 daily - Worthington

'Wadi Alkarnark' 1997 64214 dwt dely Damietta 18/21 Apr 3/5 months

trading redel worldwide $40000 daily - Bunge - <recent>

'Azure' 1982 64200 dwt dely Shanghai 7/10 Apr trip via N.China redel

Skaw-Cape Passero $31000 daily - STX Pan Ocean

'Arya Payk' Eastern Ocean relet 2006 53000 dwt dely PMO 20/30 April trip

via India redel Singapore-Japan $31000 daily - Chinese charterer

'Tarsus' 2001 52180 dwt dely Visakhapatnam 14/16 April trip redel China

$36000 daily - IMR

'Genco Marine' 1996 45222 dwt dely Nemrut 14/18 April 2 laden legs via AG

redel Singapore-Japan approx $37500 daily - Turkish charterer

'Captainyannis L' 1995 43683 dwt dely USGulf 20/25 April trip redel Med

$47000 daily - Energy

'Hanjin Antwerp' 1996 27209 dwt dely Vitoria 13/16 April trip redel

Morocco $25000 daily + $375000 bb - Cargill

Ore

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'Pacific Bulk TBN' 150000/10 Ponta da Madeira/Beilun 1/15 May $45.50 fio

scale/30000sc - Wugang Steel

'Mineral China' 2003 150000/10 Port Hedland/Qingdao 11/20 Apr $19.50 fio

scale/25000sc - Shagang

'Castillo de San Juan' 1990 150000/10 Port Cartier/Rotterdam 1/10 May

approx $21.00 fio 7 days sc - TKS

'CHS Magnificence' 2006 150000/10 Esperance/China 11/20 Apr $19.50 fio

scale/25000sc - Nanjing Steel

'Yiosonas' 1992 140000/10 Saldanha/Port Talbot 5/12 May $25.00 fio 7 days

sc - Corus

'Longdar' 1983 70000/10 St.Lawrence/China 11/14 Apr $46.00 fio

scale/25000sc - Chinese

Coal

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'CSE TBN' 1500000/10 Roberts Bank/Kwangyang a/o Pohang 1/15 May $24.60

fio 50000sc/45000sc - POSCO