Subject: Dry cargo fixture summary - 18 April 2007

Subject: Dry cargo fixture summary - 18 April 2007

Dry cargo fixture summary - 18 April 2007

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BDI Baltic Dry Index 5700 UP 99

BCI Baltic Capesize Index 8252 UP 222

BPI Baltic Panamax Index 5329 UP 52

BSI Baltic Supramax Index 3686 UP 29

BHSI Baltic Handysize Index 1850 UP 27

Timecharter

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'Amber Star' 1986 181884 dwt dely Dalian 22/24 Apr trip via Australia

redel China $82500 daily - RTS

'Harumatou' Cosco Qingdao relet 2004 177243 dwt dely Kashima ppt 5/7

months trading $86500 daily - STX Pan OCean - <was reported 12/04 as

fixing to TMT for 12 months, but the charterer was Cosco Qingdao>

'KWK Providence' 2004 175531 dwt dely Baoshan 25/27 Apr trip via West

Australia redel China $92500 daily - BHP Billiton

'Cape Venus' 1996 172612 dwt dely Qingdao end Apr trip via West Australia

redel China $95000 daily - BHP Billiton

'CIC Captain Veniamis' Cosco Hong Kong relet 2000 171448 dwt dely Xingang

28/30 Apr trip via Richards Bay redel Skaw-Cape Passero $64000 daily -

Morgan Stanley

'Aquabeauty' Korea Line relet 2003 170714 dwt dely Rizhao 24/26 Apr trip

via Richards Bay redel Skaw-Cape Passero $68000 daily - STX Pan Ocean

'Obeliks' 2000 170254 dwt - <reported 17/04 correct rate is $95000 daily>

'Gaia' 1999 169963 dwt dely Taranto end Apr trip via Brazil redel China

$112000 daily - Pacific Bulk

'Alpha Friendship' EdF relet 1996 161417 dwt dely Zhanjiang 25/30 Apr

trip via Australia redel Japan $88000 daily - NYK

'Trinity Bulker' Transfield relet 1990 151000 dwt dely Rizhao 26/30 Apr

4/6 months trading redel worldwide $74000 daily - Constellation

'Medi Lausanne' 2006 83002 dwt dely Rizhao 23/25 Apr 4/6 months trading

redel worldwide $44750 daily - cnr

'Giuseppe Rizzo' 2004 77684 dwt dely UK 25/30 Apr 4/6 months trading

redel worldwide $45250 daily - Bunge

'Panstar' Cobelfret relet 2005 76629 dwt dely Valencia 19/21 Apr balance

of period July 10/Aug 10 2007 $47250 daily - Dreyfus

'Giovanna Iuliano' Ocean Glory relet 1997 75229 dwt dely Zhanjioang 26/27

Apr 5/7 months trading redel worldwide $42000 daily - cnr

'Tian Song Feng' EdF relet 2000 74270 dwt dely Lisbon 1/3 May trip via

Nouadhibou redel China $49500 daily - Cargill

'Rodon Amarandon' 2001 74090 dwt dely US Gulf 27 Apr/5 May 2 laden legs

redel Skaw-Cape Passero $40000 daily + $600000 bb - Cargill

'Clio' Cargill relet 2005 74000 dwt dely Ghent 21/23 Apr 5/7 months

trading redel worldwide $43250 daily - Bunge

'Great Prosperity' 1999 73659 dwt dely Pohang 26/29 Apr 5/7 months

trading redel worldwide $42000 daily - GMI

'Pelagia' STX Pan Ocean relet 1995 71741 dwt dely Xingang 22/29 Apr trip

via NoPac redel Singapore-Japan rge $39000 daily - Dreyfus

'Jia Ho' 1997 71678 dwt dely Navlakhi 23/30 Apr trip via WC India redel

China $46000 daily - Glory Trans

'Bakra' Golden Ocean relet 1993 70456 dwt dely India 19/21 Apr trip via

WC India redel China $43750 daily - cnr

'Hanjin Tacoma' 1994 70347 dwt dely Hunterston 24/26 Apr trip via

St.Lawrence redel China $46000 daily - Oldendorff

'Eastern Queen' 1994 70196 dwt dely Gresik 20/22 Apr 2 laden legs redel

Singapore-Japan rge $44000 daily - Golden Ocean

'Full Comfort' 1994 70181 dwt dely Bin Qasim spot trip via Goa redel

China $47000 daily - Chinese

'B Oceania' 1990 70000 dwt dely Mumbai ppt trip via WC India redel China

$49000 daily - cnr

'Jin Pu Hai' 1996 69963 dwt dely Inchon ppt 4/6 months trading redel

worldwide $39750 daily - Chinese

'Rubin Rosebay' 1994 69121 dwt dely El Ferrol 23/26 Apr 2 laden legs via

Trombetas redel Skaw-Cape Passero $44000 daily - BHP Billliton

'Wina' United relet 1988 68355 dwt dely Cape Passero end Apr balance of

period Jan/Mar $36500 daily - cnr

'Blue Coral' 1984 64442 dwt dely Lanshan 24/26 Apr 2 laden legs redel Far

East $32400 daily - Jin Yang

'Jin Yi' 2007 55000 dwt dely Oshima July 2007 2 years trading redel

worldwide $32000 daily - Korea Line

'Yasa H.Mehmet 2001 52407 dwt dely Mumbai 22/24 April trip redel China

$34500 daily - Glory Trans

'Yantian Sea' 1995 44821 dwt dely Turkey 20/25 April trip via PG redel

PMO $41000 daily - cnr

'Sea Bulker' 1997 42717 dwt dely Shekou 30 April/5 May balance period

until 5 Sept/5 Nov 2007 redel worldwide $33000 daily - cnr

'Brave John' 1984 39201 dwt dely USGulf 25/30 April 4/6 months trading

redel worldwide $33000 daily - Navision

Ore

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'Anangel Vision' Kleimar relet 2007 160000/10 Dalrymple Bay/Rotterdam &

Dunkirk 1/15 May $35.80 fio scale/25000sc - Arcelor-Mittal

Misc

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'Daria' 1995 40000/00 bulk sugar Paranagua or Santos/Algeria 5/15 May

$50.75 fio 8000/8000 - Nolis - <40000 min/max cargo size>

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