Dry cargo fixture summary - 30 March 2007 - 30.Mar.07 & FFA PMX

Dry cargo fixture summary - 30 March 2007

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BDI Baltic Dry Index 5388 UP 33

BCI Baltic Capesize Index 7810 UP 109

BPI Baltic Panamax Index 5003 DOWN 3

BSI Baltic Supramax Index 3482 UP 6

BHSI Baltic Handysize Index 1775 DOWN 2

Timecharter

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'Southern Explorer' 2002 177493 dwt dely Nagoya 1/10 May 4/5 months

trading redel worldwide $75000 daily - cnr

'Cape Mars' 2003 175882 dwt dely Qingdao 12/18 Apr 4/5 months trading

redel worldwide $82000 daily - 'K' Line

'China Venture' 2005 175000 dwt dely Rizhao 10/15 Apr trip via West

Australia redel China $85000 daily - BHP Billiton

'Successor' 2007 174000 dwt dely China end Apr 12 months trading redel

worldwide $73000 daily - cnr

'Pioneer' 2004 171681 dwt dely Qingdao 11/13 Apr trip via West Australia

redel worldwide $80000 daily - BHP Billiton

'Nord-Kraft' SK Shipping relet 2000 171199 dwt dely Gijon 17/20 Apr trip

via Brazil redel Far East $114500 daily - STX Pan Ocean

'Obeliks' 2000 170454 dwt dely Caofedian 9/19 Apr 5/7 months trading

redel worldwide $76000 daily - 'K' Line

'Alameda' 2001 170269 dwt dely China mid Apr 10/12 months trading redel

worldwide $73000 daily - Morgan Stanley

'Aquahope' Transfield 1997 167109 dwt dely Qingdao 1/3 Apr 5/7 months

trading redel worldwide $74500 daily - EdF Trading

'Anangel Pride' 1993 161600 dwt dely Rizhao 18/22 Apr 6/8 months trading

redel worldwide $75000 daily - Coscobulk

'Silver Clipper' 1993 151450 dwt dely Nagoya 4/6 Apr 2 laden legs redel

Far East $70000 daily - RTS

'Iron Bradyn' SafeFixing relet 2005 82769 dwt dely Black Sea 10/14 Apr

trip redel Singapore-Japan rge $58000 daily int ore - cnr

'Christina' newbuilding 77000 dwt C02 fitted dely ex yard Oshima 3/9 Apr

4/6 months trading redel worldwide $40500 daily - Cargill

'CMB Italia' 2005 76620 dwt dely Amsterdam 10/14 Apr trip via Orinoco

redel China $45500 daily - PCL

'Red Lily' Transfield relet 2004 76606 dwt dely Qingdao 4/6 Apr 4/6

months trading redel worldwide $40000 daily - Norden

'Belisland' 2003 76602 dwt dely Bilbao 1/3 Apr trip via Bolivar redel

Skaw-Cape Passero $43500 daily - SK Shipping

'CMB Laetitia' newbuilding 76000 dwt - <reported fixed 29/03 to sinochart

the business failed>

'Agios Raphael' 1982 75485 dwt dely Fangcheng 7/11 Apr 2 laden legs redel

Far East $33000 daily - STX Pan Ocean

'Petka' 1994 75460 dwt dely Sparrows Point 1/3 Apr trip via Bolivar redel

Skaw- Cape Passero $41000 daily + $610000 bb - SK Shipping

'Danae' 2005 75348 dwt dely PMO 10/15 Apr 5/7 months trading redel

worldwide $39250 daily - cnr

'Samjohn Amity' CTP relet 1998 74744 dwt dely Jintang spot trip via

Indonesia redel Taiwan $32000 daily - TPC

'Songa Hui' 2001 74500 dwt dely PMO 2/4 Apr trip via Richards Bay redel

Haldia $39750 daily - cnr

'Amira' 2001 74401 dwt dely Far East May 2 years trading redel worldwide

$30000 daily - Golden Ocean

'Global Harmony' CTP relet 1997 73763 dwt dely Japan 31 Mar trip via

Indonesia redel S.Korea $30000 daily - Daebo

'Darya Radhe' 1999 73705 dwt dely PMO 13/28 May 4/6 months trading redel

worldwide $37000 daily - cnr

'Gerasimos' Clipper relet 1996 70296 dwt dely Inchon in d/c 3 Apr trip

via NoPac redel Singapore-Japan rge $36500 daily - Cargill

'Marina Wave' Bunge relet 1992 69451 dwt dely ex dry dock Dalian 31 Mar/2

Apr trip via NoPac redel Singapore-Japan rge $37000 daily - Alfred

C.Toepfer

'Sea Pride' 1983 66980 dwt dely Amsterdam 4/5 Apr trip via Necochea redel

Far East $34500 daily - Dreyfus

'New Navigation' 2003 52202 dwt dely Sea of Marmara 7/9 April 4/6 months

trading redel worldwide $36000 daily - cnr

'Equinox Seas' 2003 52009 dwt dely Lanshan 4/10 April trip via

Philippines redel Singapore-Japan $38000 daily - cnr

'New Eternity' 1994 45741 dwt dely Taichung 8/10 April 5/7 months trading

redel worldwide $33000 daily - STX Pan Ocean

'Leeds Castle' 1982 41880 dwt dely Black Sea 4/10 April trip via PG redel

PMO $30000 daily - cnr