Baltic Dry Index 11/05/2007

The Daily Fixtures Report - 11/05/2007
-------------------------

BDI 6648 UP 63
BCI 9639 UP 140
BPI 6283 UP 32
BSI 4254 UP 29

TIMECHARTER
'Hanjin newbuilding' 180000 dwt dely ex yard Hyundai South Korea July-Aug
2009
5 years trading redel worldwide $45500 daily - North China Shipping
'Lowlands Phoenix' Cobelfret relet 2004 177036 dwt dely Nagoya end May trip
via Australia redel Japan $115000 daily - NSS
'Mineral Hong Kong' Samsun relet 2006 175000 dwt - Worldwide
Nov-Dec 2005>
'Cape Osprey' 1995 161448 dwt dely South Korea end May 12 months trading
redel worldwide $29500 daily - Corus 'Nautical Dream' 1994 151439 dwt dely
Zhangjiang 25/30 May trip via West Australia redel China $100000 daily -
Industrial Carriers 'Iron Brooke' 2006 82300 dwt dely Brazil 25/30 May
35/36 months trading redel worldwide $37000 daily + $1.00 million bb -
Augustea
'Crown Star' 2002 76662 dwt - but not at $51000 daily and not to
BHP Billiton>
'Amira' 2001 74441 dwt dely Taiwan 20/21 May 1 years trading redel
worldwide $48000 daily - cnr 'Torm Anholt' 2004 74195 dwt dely Jorf Lasfar
21/23 May trip via EC South America redel Skaw-Cape Passero $48000 daily -
Cargill 'Bruno Salamon' 1998 73965 dwt dely Recalada 25/30 May trip redel
China $54000 daily + $1.3 million bb - Fairfield Bulk 'Ju Da' 2005 73600 dwt
dely Spain 25/30 May 4/6 months trading redel worldwide $55000 daily - PCL
'Antonis G.Pappadakis' 1995 73538 dwt dely Aden 15/19 May trip via
Richards Bay redel UKC $47000 daily - Swiss Marine 'Endless' 1999 73427 dwt
dely Worldwide 1/30 Nov 2007 two years trading redel worldwide $38000 daily
- cnr 'Celerina' 1999 73035 dwt dely San Nicolas early June trip via EC
South America & PG redel Aden-PMO $55000 daily + $1.3 million bb - Cargill
'Nyon' 1999 73035 dwt dely Pagbilao 10/12 May trip via Indonesia redel
Taiwan $50000 daily - cnr 'Felicia' 1997 72456 dwt dely Hibikinada 12/15
May period up to 17 Dec
2007/17
Jan 2008 redel worldwide $48000 daily - Brittannia Bulk 'Grand Markela' CTM
relet 1990 71733 dwt dely Worldwide 1 Dec 2007/30 Mar 2008
5 years trading redel worldwide $23450 daily - Perseveranza 'Grand Markela'
Perseveranza relet 1990 71733 dwt dely Worldwide 1 Dec 2007/30 Mar 2008 5
years trading redel worldwide approx $24450 daily - Western Bulk Carriers
'Darya Noor' 1990 71062 dwt dely retro Rotterdam 6 May trip via River
Plate redel Spain $50000 daily - Transgrain 'Powerful' Baumarine relet 1994
70093 dwt dely Gijon ppt trip via Brazil redel Skaw-Cape Passero approx
$53000 daily - Cargill 'Wadi Sudr' 1994 70031 dwt dely Hong Kong 16/17 May
trip via Indonesia redel Japan $48000 daily - NYK 'M.P. Panamax 1' 1981
64183 dwt dely Mumbai 15/20 May trip via WC India redel China $44000 daily
- cnr 'Ledra' 1980 61891 dwt dely Cape Passero 14/18 May trip via EC South
America redel Skaw-Cape Passero $41000 daily - Worthington 'Union Ranger'
1995 45621 dwt 13 on 25 dely Japan 18/25 May 4/6 months trading redel
worldwide - San Juan Navigation Reliance Ocean' 1994 45300 dwt 13 on 25 dely
Longkou 15/20 May trip via North China redel West Africa $41000 daily -
Cargill 'Seaboxer 11' 1983 41543 dwt dely Altamira prompt trip via US Gulf
redel W C Italy approx $49000 daily - Energy 'Voyager 11' 1986 33290 dwt
dely retro Aviles 7 May trip via Brazil redel Black Sea $30000 daily - Louis
Dreyfus 'Antikeri' 1984 28791 dwt dely Shanghai 28 May/10 June trip redel
Mediterranean approx $28000 daily - cnr 'Odin Pacific' 1995 28381 dwt dely
South Brazil 18/22 May trip via Plate redel Mediterranean $31000 daily +
$550000 bb - Bunge

ORE
'China Steel Entreprenur' 2007 / - business was reported 10/05>