Dry cargo fixture summary - 13 April 2007

Subject: Dry cargo fixture summary - 13 April 2007

Dry cargo fixture summary - 13 April 2007

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

BDI Baltic Dry Index 5553 UP 7

BCI Baltic Capesize Index 7960 DOWN 30

BPI Baltic Panamax Index 5254 UP 6

BSI Baltic Supramax Index 3613 UP 36

BHSI Baltic Handysize Index 1797 UP 12

Timecharter

-----------

'Sideris GS' 2006 175000 dwt dely Sines 3/5 May balance of period 2.5/4

months redel worldwide approx $105000 daily - Shagang

'Paschalis D' 2002 169200 dwt dely retro Japan 17 Mar 2 laden legs redel

worldwide $70000 daily - Transfield

'Ocean Lord' 2005 82977 dwt dely Cape Passero 8 Apr trip via Brazil &

Libya redel Cape Passero $47000 daily - Lalemant - <fixed a week ago>

'Tai Promotion' 2004 77834 dwt dely Tanjung Bin 19/21 Apr trip via West

Australlia redel Continent int mineral sands & concentrates $45000 daily

- Hudson

'Pantazis L' Sinochart Europe relet 2003 76629 dwt - <reported 12/04

charterer is Shagang and the correct rate $41500 daily>

'Navios Star' NCS relet 2002 76620 dwt dely Taiwan 17/24 Apr trip via EC

Australia redel Taiwan $40750 daily - U Ming

'Maritime Lijiang' 2006 76302 dwt geared dely Xingang 20/30 Apr 30/40

days duration redel Singapore-Japan rge $47500 daily - cnr

'Red Gardenia' CTP relet 2005 76294 dwt dely Taiwan spot 2 laden legs

redel Singapore-Japan rge $44000 daily - Panoceanic

'Waikiki' 1995 75339 dwt dely PMO 17/23 Apr trip via WC India redel China

$43000 daily - cnr

'Fortune Lady' 1998 74694 dwt dely Mauban 25/28 Apr trip via Indonesia

redel Hong Kong $43000 daily - BHP Billiton

'Tian Yang Feng' 2000 74027 dwt dely Rotterdam 19/23 Apr trip via Narvik

redel Turkey $46000 daily - MOSK

'Alabama' Swiss Marine relet 1998 74002 dwt dely Piombino 14/17 Apr trip

via EC South America redel China $46000 daily - Dreyfus

'Miden Max' Swiss Marine relet 1993 73767 dwt dely Antwerp ppt 1/2 laden

legs EC South America redel Singapore-Japan rge $45750 daily - Dreyfus

'Tai Profit' 2001 73105 dwt dely N.China 21/23 Apr trip via West

Australia redel Singapore-Japan rge $41000 daily - S.Korean chrtr

'Genco Surprise' 1998 72495 dwt dely Mississippi River 19/27 Apr trip

redel China $41000 daily + $700000 bb - Dreyfus

'Wadi Sudr' 1994 70031 dwt dely Nha Trang, Vietnam 16/19 Apr 2 laden legs

redel worldwide $41000 daily - North China Shipping

'Grand Rodosi' 1990 68788 dwt dely Tarragona 15/20 Apr trip via Kamsar

redel Skaw-Cape Passero $44000 daily - Oldendorff

'Natalie' 1981 64911 dwt dely PMO 22/28 Apr trip via India redel China

$31500 daily - Noble

'Valentini H' 1980 61418 dwt dely Jebel Ali 17/20 Apr trip via Goa redel

China $31000 daily - Fremery

'Kang Hong' 2005 55589 dwt dely Wakayama 12/15 April 5/7 months trading

redel worldwide $35500 daily - Daewoo

'Filia Gem' 2005 53702 dwt dely Far East 10/30 May 3 years trading redel

worldwide average rate approx $26850 daily - Korea Line

'Nord Wave' 2005 53489 dwt dely Nigeria 20/30 April trip via East Coast

South America redel Singapore-Japan $42000 daily - cnr

'Sanko Galaxy' 2005 52980 dwt dely USGulf spot trip redel Singapore-Japan

approx $51500 daily - Bunge

'E.Duckling' 2001 52061 dwt dely North China 28 April/7May trip redel Med

$39400 daily - Carbofer

'Kang Yuan' 2002 50467 dwt dely Zhoushan 23/25 April 5/7 months trading

redel worldwide $36500 daily - STX Pan Ocean

'Clementine' 2004 50238 dwt dely Pipavav spot trip redel China $34500

daily - Chinese charterer

'Hulk' 1995 46601 dwt dely Mississippi River 23/25 April min 3/max 4

months trading redel worldwide $39500 daily - Korean charterer

'Dubai Faith' 1996 45681 dwt dely Jacksonville 13/17 April trip via

USGulf redel Spain $48000 daily - Norden

'Zhong Hai' 1996 45178 dwt dely Xingang spot 3/5 months trading redel

worldwide $34500 daily - Samsun Freight Europe

'Nikolaos' 1984 34544 dwt dely Nigeria spot trip redel Cont $28500 daily

- Oldendorff

'Fiesta' 1998 29500 dwt dely Houston 26/30 April trip redel North Cont

$34000 daily - Norden

Ore

---

'CSK Enterprise' 1997 150000/10- Tubarao/Ijmuiden 3/10 May $29.25 fio 7

days sc - Corus

'Neu TBN' 150000/10 Port Cartier/Port Talbot 3/8 May $20.95 fio 6 days sc

- Corus

Coal

----

'RWE TBN' 150000/10 Rchards Bay/Rotterdam 5/19 May $23.50 fio

scale/25000sc - Cargill