Dry cargo fixture summary - 22 March 2007 22.3.2007 & FFA

Dry cargo fixture summary - 22 March 2007

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BDI Baltic Dry Index 5275 UP 49

BCI Baltic Capesize Index 7546 UP 135

BPI Baltic Panamax Index 4971 UP 2

BSI Baltic Supramax Index 3426 UP 14

BHSI Baltic Handysize Index 1749 UP 14

Timecharter

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'Kildare' 1996 211360 dwt dely Kwangyang 30/31 Mar trip via West

Australia redel China $85000 daily - BHP Billiton

'Kohfukusan' 1999 172566 dwt dely Japan 30/31 Mar trip via Queensland

redel Skaw-Cape Passero $65000 daily - Armada

'Anangel Odyssey' Coscobulk relet 2006 171681 dwt dely Mailiao 4/5

Apr trip via West Australia redel China $82500 daily - BHP Billiton

'CIC Captain Veniamis' Cosco Hong Kong relet 2001 171448 dwt dely

Rizhao 25/31 Mar trip via West Australia redel south of Qingdao

$75000 daily option redel north of Qingdao $77000 daily - BHP

Billiton

'Su-Oh' 1997 171081 dwt dely Immingham 30 Mar/5 Apr trip via Brazil

redel Continent $100250 daily basis 3.75% - Mittal/Arcelor

'Savina' 1996 157600 dwt dely S.Korea 1/7 Apr trip via Dalrymple Bay

redel Map Ta Phut $64000 daily - RTS

'Hebei Century' NCS relet 1982 156000 dwt dely Antwerp 25/30 Mar

transatlantic round voyage redel Skaw-Cape Passero $78000 daily -

'CHS Star' 1991 150149 dwt dely Kokura 21/24 Mar 5/7 months trading

redel worldwide $66000 daily - Coscobulk

'Huttai 1996 149228 dwt dely Dunkirk 15/20 Apr transatlantic round

voyage redel Skaw-Cape Passero $83000 daily - SK Shipping

'George' 1984 77078 dwt dely Dneprobugsky 5/9 Apr trip via Black Sea

& Jeddah redel Aden $48000 daily - Cargill

'Nicole' 2007 77000 dwt dely Namura 28/29 Mar trip via EC Australia

redel Singapore-Japan rge $41000 daily -

'Bahia' 2004 76801 dwt dely Maizuru 25/27 Mar trip via NoPac redel

Singapore-Japan rge $39000 daily - STX Pan Ocean

'Pasha Bulker' 2006 76781 dwt dely Kawasaki 8/10 Apr 1 years trading

redel worldwide $35660 daily - Daiichi

'Nord Galaxy' 2006 76629 dwt dely Bilbao 22/24 Mar trip via Orinoco

redel Japan $46000 daily - NYK - <recent>

'Clipper Sussex' 2005 76600 dwt dely Japan in d/c 24/30 Mar trip via

NoPac redel Singapore-Japan rge $38000 daily - Cargill

'Navios Cielo' Tramp Maritimne relet 2005 75834 dwt dely Matsuhima

24/28 Mar trip via NoPac redel Singapore-Japan rge $39000 daily -

Cargill

'Swift-Fame' 1981 75596 dwt dely Valencia 1/10 Apr trip via EC South

America redel Skaw-Cape Passero $34000 daily -

'Alpha Harmony' Cargilll relet 2001 74492 dwt dely Mundra 22/24 Mar

trip via WC India redel China $39000 daily - Trustworth - <recent>

'Capt.Stefanos' 2002 74077 dwt dely aps Recalada 29/30 Mar trip redel

Far East $41500 daily + $850000 bb - Bunge

'Pacific Paradise' 1993 73645 dwt dely dely PMO 26/31 Mar trip via EC

South America redel Singapore-Japan rge $39100 daily - - Noble

'Maritime Dignity' 1993 73350 dwt geared dely Fukuyama 29 Mar/3 Apr

trip via New Caledonia redel China $40500 daily -

'Amber' 1978 68000 dwt dely Huangpu 7/10 Apr trip via China redel PMO

int clinker $24000 daily - ETA Dubai

'Hellenic Seas' 1991 65430 dwt dely Quanzhou 24/27 Mar 4/6 months

trading redel worldwide $35000 daily - Swiss Marine

'Helene Selmer' 2005 55741 dwt dely North China 30 March/3 April trip

redel India $39000 daily -

'Ikan Mexico' 2006 55709 dwt dely Kohsichang 20 April/10 May 1 years

trading redel worldwide $31800 daily -

'Ikan Salmon' 2003 53553 dwt dely India-Japan range 27 March/15 April

11/13 months trading redel worldwide $31000 daily -

'Daebo Pioneer' 2007 53000 dwt dely Haldia 1/5 April trip redel China

$37000 daily -

'Ocean Prince' 2002 52475 dwt dely Thailand 5/12 April 12/14 months

trading redel worldwide approx $30000 daily nett - SK Shipping

'Jag Rahul' 2003 52238 dwt dely Kaohsiung 25/31 March trip via

Indonesia redel China $38000 daily -

'Equinox Voyager' 2002 52000 dwt dely Zhoushan 3/8 April 20/22 months

trading redel worldwide $29000 daily - Transpower

'Konkar Theo' 1994 45232 dwt dely USGulf 5/10 April trip redel

Singapore-Japan $34500 daily - Korean charterer

'Sea Swift' 1984 37026 dwt dely Alexandria 5/10 April trip redel

USGulf $18000 daily -

'Thor Traveller' 1985 24232 dwt dely Damietta spot trip via Black Sea

redel India $18750 daily - Cosmotrade

ORE

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'Ferro Fos' 2007 Cargill relet 150000/10 Ponta da Madeira/Eregli 4/14

Apr $32.50 fio scale/25000sc - Sigma

'Oldendorff TBN' 75000/10 Guaiba/Qingdao 15/25 Apr $45.00 fio

scale/25000sc - Pioneer Metals