Dry cargo fixture summary - 28 February 2007

Subject: T/C - 28.feb.07

Dry cargo fixture summary - 28 February 2007

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BDI Baltic Dry Index 4765 UP 61

BCI Baltic Capesize Index 6917 UP 83

BPI Baltic Panamax Index 4640 UP 78

BSI Baltic Supramax Index 2944 UP 24

BHSI Baltic Handysize Index 1482 UP 21

Timecharter

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'Bulk Singapore' 2005 177173 dwt dely Qingdao 8/13 Mar trip via West

Australia redel China $73000 daily - BHP Billiton

'KWK Providence' 2004 175531 dwt dely Shanghai mid Apr 1 years trading

redel worldwide $63750 daily - Transfield

'Tian Lu Hai' 2005 175000 dwt dely Xingang 1/5 Mar trip via Richards Bay

redel Continent $55500 daily - Cargill

'China Venture' 2005 175000 dwt dely South Korea 1/5 Mar trip via West

Australia redel China $72000 daily - Noble

'Mineral Shanghai' 2004 173880 dwt dely Hansaport 3/5 Mar trip via Brazil

redel Japan $97000 daily - Japanese

'Anangel Vision' Glory Wealth relet newbuilding 172000 dwt dely ex yard

Daewoo 10 Mar trip via West Australia redel China $72000 daily - BHP

Billiton

'Saldanha' 1995 171715 dwt dely Ijmuiden 6/8 Mar trip via Brazil redel

Eregli $81250 daily - Sigma

'Nightwing' 2006 170000 dwt dely Gijon 16/18 Mar trip via Brazil redel

Far East $99500 daily - STX Pan Ocean

'Lord Byron' AWB Ltd relet 2005 76838 dwt dely Eregli 3/7 Mar trip via

Black Sea redel China $44500 daily - Aquavita

'Bonita' 2001 76623 dwt dely Xingang 14/18 Mar trip redel Continent

$35500 daily - Transfield

'Lowlands Camellia' 2006 76600 dwt dely Charleston 9/12 Mar trip via

Hampton Roads redel Piombino $39000 daily + $525000 bb - Cargill -

<recent>

'Yusho Regulus' 2005 76500 dwt dely Cape Passero 5/7 Mar trip via Bolivar

redel Med approx $40500 daily - D'Amico

'Atlantic Breeze' Cargill relet 2004 76267 dwt dely Redcar spot trip via

Hampton Roads redel S.Korea $45000 daily - Hanjin

'Maganari' Daiichi relet 2001 76000 dwt dely Worldwide 1/31 May 12/14

months trading redel worldwide $32750 daily - Deiulemar

'Torm Bornholm' 2004 75912 dwt dely Dunkirk 10/20 Mar trip via River

Plate redel Far East $44250 daily - TMT

'Pistis' 1984 75361 dwt dely retro Cape Passero 14 Feb trip via Tubarao &

Iran redel PMO $34000 daily - Worldways Shipping - <recent>

'Cinzia D'Amato' 2001 74500 dwt dely Chiba 4/7 Mar trip via Indonesia

redel Hong Kong $30500 daily -

'Tian Tong Feng' 2001 74275 dwt dely Montoir 12/15 Mar 5/7 months trading

redel worldwide $40000 daily - Practica

'Tian Zhu Feng' 2000 74201 dwt dely Huangpu 6/10 Mar 4/6 months trading

redel worldwide $36500 daily - Cargill

'Halo Cygnus' 1998 73937 dwt dely Bin Qasim 3/6 Mar trip via Goa redel

China $41000 daily - Uniwell Nanjing

'Ocean Favour' 1998 72400 dwt dely Brindisi 6/10 Mar 3/4 months trading

redel worldwide $40500 daily - Cosbulk

'Bakra' 1993 70456 dwt dely Lanshan 1/2 Mar trip redel S.Korea $33000

daily - C&Merchant Marine

'Hanjin New Orleans' 1994 70337 dwt dely Nantong 3/5 Mar 3/5 months

trading redel worldwide $35500 daily -

'Jin Pu Hai' 1996 69963 dwt dely Yokkaichi 3/6 Mar trip via NoPac redel

Singapore-Japan rge $32500 daily - Dreyfus

'Theareston' Cargill relet 1990 69637 dwt dely PMO 3/6 Mar via Richards

Bay redel Jorf Lasfar $34000 daily - D'Amico

'Georgia' 1982 63308 dwt dely aps Recalada 2/5 Mar redel Continent $31500

daily + $700000 bb - Dreyfus

'Caravos Galaxy' 1978 61744 dwt dely Chiwan 27/28 Feb 20/25 days trading

via Indonesia redel N.China $22500 daily - Winning

'Fassa' 2006 55447 dwt dely Kohsichang 14/18 March 1 years trading redel

worldwide $31000 daily - Western Bulkcarriers

'Predator' 2005 55407 dwt dely Ijmuiden 10/12 March trip via Morocco

redel Australia approx $32800 daily - Gearbulk

'Azizi' 2001 52544 dwt dely Chennai 3/7 March trip redel Mumbai $30700

daily - <recent>

'Ken Sirius' 2003 50337 dwt dely Mumbai 3/5 March 1 years trading redel

worldwide $29500 daily - Daebo

'Sagacious ID' 1996 45647 dwt dely Zhanjiang spot 3/5 months trading

redel worldwide $28250 daily - Eastern Bulkcarriers

'Joalmi' 1990 42264 dwt dely Rotterdam spot trip via North Coast South

America redel Norway $27000 daily - NYK

'Yare' 1985 37568 dwt 13 on 24 + 0.5 dely Port Sudan spot trip via South

Africa redel Med approx $21000 daily - Island View Shipping

Ore

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'Seakoh' 2000 150000/10 Port Hedland/Qingdao 15/25 Mar $16.75 fo

scale/30000sc - BHP Billiton

'Transfield TBN' 140000/10 Madras/Kwangyang 17/31 Mar $18.50 fio

65000sc/55000sc - POSCO

'ZOSCO Wenzhou' 1982 140000/10 Dampier/Xingang 10/20 Mar $19.25 fio

scale/20000sc - Cosbulk

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