BALTIC DRY INDEX THE DAILY FIXTURES REPORT 15/05/2007

The Daily Fixtures Report - 15/05/2007
-------------------------

BDI 6688 UP 3
BCI 9653 DOWN 34
BPI 6330 UP 14
BSI 4303 UP 23

TIMECHARTER
'Obeliks' 2000 170454 dwt dely Xingang 27 May/2 June trip via West
Australia redel China $100500 daily - BHP Billiton 'Aquagrace' NCS relet
1997 167105 dwt dely Beilun 20/22 May trip via West Australia redel China
$103200 daily - BHP Billiton
'Nobel Forum' 1983 built 78395 dwt - not to Bunge as reported>
'Grazia Bottiglieri' 2000 75265 dwt dely Qinhuangdao 19/20 May min 24/max
26 months trading redel worldwide $41000 daily - European chrtr 'Golden
Dena' TMT relet 2006 74769 dwt dely Zhoushan 18/20 May trip via Indonesia
redel Japan $52500 daily - NYK 'Samjohn Liberty' Cargill relet 1998 74761
dwt dely retro Lianyungang
13 May
trip via NoPac redel Indonesia $46500 daily - AWB
'Bagara' ex Songa Hua 2002 74500 dwt - $47150 daily for 1st 50
days and $52000 daily for the balance>
'Amira' 2001 74441 dwt -
'Great Wisdom' TMT relet 2000 74293 dwt dely retro Immingham 8 May trip via
Brazil & Iran redel PMO $61000 daily - cnr 'Bluemenau' CTP relet 2000 73992
dwt dely Aden 22/24 May trip via Richards Bay redel Continent-Med $52000
daily - EdF - 'Kalypso' Daebo relet 1997 73762 dwt dely Taiwan ppt trip
via Queensland redel Taiwan $46000 daily - Mitsubishi 'Thetis' Setsea relet
1993 73760 dwt dely Rizhao 19/20 May balance of period abt 6/8 months
trading redel worldwide includes Iraq trading $51500 daily - Golden Ocean
'Aenaos' ex Quint Star Cargill relet 1998 72413 dwt dely Rotterdam
15/16 May
trip via EC South America redel Far East $56250 daily - Wilmar 'Yao Hai'
1986 69467 dwt dely Cadiz 23/25 May trip via Brazil redel China $54750
daily - Wylex
'Ermis' 1994 64370 dwt - and delivery is Cape Passero>
'Luckyfield' 1982 45546 dwt dely Dominican Republic spot trip via North
Coast South America $55000 daily - Armada - 'Grand Way' 1994 44006 dwt dely
USGulf 16/18 May trip redel UKCont $60000 daily
- Clipper
'St.Paul' 1994 40926 dwt dely Marmara 14/15 May trip via PG redel PMO
$43000 daily - cnr

COAL
'TBN' 70000/10 Norfolk/Bourgas 25 May/5 June $38.00 fio 25000/12000sc -
Integrity Coal -

GRAIN
'Slavianka' 1978 20000/10 Soya Bean Meal Up River Plate/Algeria 5/15 June
$80.00 fio 6000sx/3000fx - CAM