Baltic Dry Index THE DAILY FIXTURES REPORT

The Daily Fixtures Report - 14/05/2007
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BDI 6685 UP 37
BCI 9687 UP 48
BPI 6316 UP 33
BSI 4280 UP 26

TIMECHARTER
'Cape Saturn' 2003 175882 dwt dely Cape Passero 20/22 May trip via Brazil
redel China $145000 daily - North China Shipping
'Fertiliia' 1996 172632 dwt - Express>
'Ce-Mikela' CTP relet 2006 82239 dwt dely Rizhao spot trip via China & PG
redel PMO int clinker $51500 daily - USL Dubai 'Nobel Forum' 1983 78395 dwt
dely Ijmuiden 25 May/5 June 9/10 months trading redel worldwide $42000 daily
- Bunge 'Songa Hua' 2002 74500 dwt dely Shanghai 15/16 May trip via China
redel Continent int steels - $44000 daily -
'Amira' 2001 74441 dwt - charterer is Glory Wealth>
'Beauty Donor' 1997 73767 dwt dely N.China 25 May/5 June 1 years trading
redel worldwide $47300 daily - Worldlink 'Esna' 1998 71598 dwt dely Jarkata
25/27 May trip via Indonesia redel Thailand $67000 daily - Armada
'Aleslevada' 1990 70231 dwt dely Goa spot trip via WC India redel China
$53700 daily - Metchart 'Full Comfort' 1999 70181 dwt dely Qingdao 16/17
May 4/6 months trading redel worldwide $50000 daily - Bunge 'Mass
Prosperity' Crownland relet 1993 69325 dwt dely West Australia end May trip
China $50000 daily + $300000 bb - Chinese chrtr 'Smart I' 1981 64854 dwt
dely PMO 13/16 May trip via Goa redel China $42500 daily - ETA Dubai
'Ermis' 1984 64370 dwt dely Venice 5/10 June 7/9 months trading approx
$39750 daily - Bunge 'Dubai Crown' 2005 55338 dwt dely Port Manatee 16/25
May trip redel East Coast India - SSM 'Kerasia S' tbr Ermis 2004 52808 dwt
dely India/Japan 17/27 May 5 years trading redel worldwide approx $31500
daily - Korea Line 'Tai Hua Hai' 1991 47300 dwt dely USGulf spot trip
redel Spain $60000 daily - Armada 'Ken Ocean' 1994 45212 dwt dely
Iskenderun 15/16 May trip via PG redel PMO $42500 daily - Transgrain 'Xi
Rui 5' 40478 dwt dely Med June 2007 11/13 months trading redel worldwide
$27000 daily - Skaarup Fortune 'African Zebra' 1985 38623 dwt dely Penang
13/15 May trip redel West Africa $35000 daily - cnr 'Great Dream' 2004
33745 dwt dely Far East July 2007 2 years trading redel worldwide $25500
daily - cnr 'Pos Knight' 2006 31895 dwt dely USGulf spot trip via Jamaica
redel Cont $42000 daily - cnr

ORE
'Hebei Hawk' 1981 180000/10 Saldanha/Beilun 25 June/10 July $30.00 fio
scale/30000sc - Kumba