Dry cargo fixture summary - 21 March 2007

Dry cargo fixture summary - 21 March 2007

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BDI Baltic Dry Index 5226 UP 54

BCI Baltic Capesize Index 7411 UP 188

BPI Baltic Panamax Index 4969 DOWN 39

BSI Baltic Supramax Index 3412 UP 18

BHSI Baltic Handysize Index 1735 UP 15

Timecharter

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'Mineral Kyoto' 2004 180310 dwt dely Zhoushan 21/24 Mar trip via West

Australia redel Far East $80000 daily -

'Alina II' Swiss Marine relet 1986 179802 dwt - <reported 20/03 to RTS

the correct rate is $61000 daily>

'CHS Creation' 2006 174231 dwt dely China 23/27 Mar trip via E. Australia

redel Japan $70000 daily - NYK

'Successor' NCS relet newbuilding 173000 dwt dely ex yard Bohai end Mar

trip via West Australia redel S.China $73500 daily option redel N.China

$75500 daily - BHP Billiton

'Star Zulu' 1986 170968 dwt dely Xingang spot trip via West Australia

redel China $60000 daily - Noble

'Bulk Europe' 2001 170578 dwt dely Rotterdam 1/3 Apr trip via Brazil

redel Japan $115000 daily option transatlantic round voyage $100000 daily

- MOSK

'Cape Hawk' 1995 161425 dwt dely Baoshan 1/3 Apr 3/5 months trading redel

worldwide $72000 daily - BHP Billiton

'Silver Clipper' 1993 151450 dwt dely Nagoya 2/4 Apr 5/7 months trading

redel worldwide $65000 daily - CTransport

'Kalypso' 1997 73762 dwt dely Kashima 23/25 Mar trip via NoPac redel

Singapore- Japan rge $38500 daily - Cargill

'Darya Tara' 2000 73281 dwt dely Antwerp 23/27 Mar trip via Murmansk

redel UKC $37750 daily - Transfield

'Fu Kang' 1997 72437 dwt dely Cape Passero end Mar 2 laden legs redel

worldwide $42500 daily - ABT

'Bianco ID' 1998 70251 dwt dely Zhoushan 24/28 Mar 7/9 months trading

redel worldwide $35000 daily - Pacific Bulk

'Shi Dai 3' ex Fivos 1994 69659 dwt dely Haungpu 3/13 Apr 4/6 months

trading redel worldwide $36000 daily - Cargill - <fixed end of last week>

'Maratha Explorer' Rizzo-Bottiglieri-De Carlinii Armatori Spa relet 1990

68849 dwt dely Jintang 22/25 Mar trip via NoPac redel Singapore-Japan rge

$35500 daily - Dreyfus

'Santa Maria I' 1984 67296 dwt dely Stade 22/25 Mar trip via Santarem

redel Liverpool $36750 - Cargill

'Xin Feng' 1981 65875 dwt dely Mundra 2/3 Apr trip redel China $28000

daily - Trustworth

'Bao Shan Hai' 1991 64910 dwt dely S.Korea 23/25 Mar trip via E.Australia

redel China $29427 daily basis 5% - Atlas Bulk Shipping

'Avra' 1982 64854 dwt - <reported 20/03 the correct dely is retro Yanbu

12 Mar and business was fixed 13/03>

'Nikos O' 1982 63719 dwt dely Antwerp 23/30 Mar trip via EC South America

redel Skaw-Cape Passero $35750 daily - grain house

'Grigorpan' 2002 53806 dwt dely South-East Asia spot 3/5 months trading

redel worldwide approx $36000 daily - D'Amico

'Shamrock' 2006 52385 dwt dely wwr Liverpool spot trip redel East Med

$45000 daily - Norton

'Seabee' 1999 46671 dwt dely Fangcheng 21/25 March 4/6 months trading

redel worldwide $31500 daily - Oldendorff

'New Eternity' 1994 45741 dwt dely Taiwan 10/15 April 5/7 months trading

redel worldwide $31500 daily - Sunwoo

'Great Happy' 1997 45248 dwt dely Shanghai 5/15 April period until 20

Sept/20 Nov 2007 redel worldwide $31500 daily - Korea Line