Baltic Dry Index THE DAILY FIXTURES REPORT 22/05/2007

The Daily Fixtures Report - 22/05/2007
-------------------------

BDI 6471 DOWN 50
BCI 9260 DOWN 102
BPI 6093 DOWN 36
BSI 4221 DOWN 20

TIMECHARTER
'SG Prosperity' 1997 211201 dwt dely Caofeidian end May/ely June 3/5 months
trading redel worldwide approx $116000 daily - Pacific Bulk 'Castillo de San
Juan' 1990 173198 dwt dely Rotterdam 22/24 May transatlantic round redel
Skaw-Cape Passero $102000 daily - SK Shipping - ago> 'Anangel Destiny' BHP
Billiton relet 1999 171997 dwt dely Dunkirk 6/10 June trip via Brazil redel
Far East $141000 daily - SK Shipping
'Tian Fu Hai' 1998 149315 dwt - daily>
'Yasa Fortune' Rizzo-Bottiglieri-De Carlini Armatori Spa relet 2006
82849 dwt
dely Fukuyama 5/10 June 4/6 months trading redel worldwide $49500 daily
- Bunge
'Mommy Duckling' TMT relet 1983 78585 dwt dely dlosp Porto Marghera
30-31 May
trip via Brazil redel China int ore $54000 daily - China Ocean Transport
'Ajax' 3006 77326 dwt dely El Dekheila 5/14 June 4/6 months trading redel
worldwide $54000 daily - CTP 'Botafogo' Norden relet 2001 76623 dwt dely
Cartagena 27/29 May trip via EC South America redel China $56000 daily -
Grand Ocean 'Federica' ex Maritime Suzana' 2005 76619 dwt dely Constanza 30
May/8 June trip via Yuzhnyy redel WC India $61000 daily - Aquavita - week>
'Red Jasmine' 2006 76596 dwt dely Zhoushan 26/28 May trip via China redel
Continent int clinker $45000 daily - cnr 'Pontovremon' AWB relet 2001 76318
dwt dely retro Fos 19 May trip via Sepetiba redel China $59500 daily -
Pioneer Metals 'Efrossini' 2003 76015 dwt dely Skaw 25/30 May trip via
Baltic redel UKC abt
10-15 days $56000 daily chop 2nd leg redel Singapore-Japan rge $55000 daily
- Brittania Bulk Ltd 'Maritime Hareshio' 2006 75740 dwt dely Nanjing 18/20
May trip via Indonesia redel Taiwan $45000 daily - U-Ming - 'Grazia
Bottiglieri' 1999 75181 dwt dely Philippines end May trip via Indonesia
redel Japan $48000 daily - Shinwa 'Riruccia' 1997 74002 dwt dely Ningbo
24/26 May trip redel Skaw-Cape Passero $41000 daily - North China Shipping
'Lucia Bulker' 1999 73807 dwt dely CJK, China 30/31 May 4/6 months trading
redel approx $48250 daily - CTP 'Pole' 1997 73409 dwt dely S.Korea 25/27
May trip via Indonesia redel S.Korea $40000 daily - Jin Yang 'La Jolla'
Rizzo-Bottiglieri-De Carlini Armatori Spa relet 1997 72196 dwt dely
Baltimore mid June trip via Norfolk & Egypt redel Cape Passero $51000 daily
+ $700000 bb - NNC 'Amfialos' Bunge relet 1990 71749 dwt dely Aden 25/27
May trip via EC South America redel Singapore-Japan rge $49500 daily -
Cargill 'Sun Sea' Cosco relet 1994 69149 dwt dely Tsuruga 23/25 May trip
via Indonesia redel S.Korea $32000 daily - Chokang 'Maratha Explorer'
Rizzo-Bottgilieri-De Carlini Armatori Spa relet 1990
68649
dwt dely S.Korea spot 3/5 months trading redel worldwide $42250 daily -
Swiss Marine 'Stamos' 1985 63875 dwt dely retro Cape Passero 13 May trip
via EC South America redel Skaw-Cape Passero approx $44000 daily - Bunge -
'Go Trader' 1996 45693 dwt dely Lagos 21/25 May trip via Brazil redel
USGulf $37000 daily - cnr 'Drake' 1985 42842 dwt dely Kinuura 22/24 May
trip redel West Africa $38000 daily - IMT 'Alma' 2002 28738 dwt dely Lagos
spot trip via East Coast South America redel Med $35000 daily - cnr -
'Stentor' 2006 28445 dwt dely Vietnam 26/31 May 1/2 laden legs redel
Singapore/Japan $32500 daily - BTI 'Clipper Lis' 1996 26412 dwt dely USGulf
spot trip redel UKCont including Denmark $40000 daily - Atlas

ORE
'Kildare' 1996 190000/10 Guaiba/Qingdao 10/20 June $54.80 fio scale/30000sc
- Pioneer Metals 'Gencor Vigour' 1999 70000/10 Narvik/El Dekheila 27 May/5
June $24.95 fio scale/30000fc - EZDK 'Lotus Blossom' 2005 70000/10
Tubarao/Dunkirk east 2/16 June $31.25 fio
4 days -
Mittal

COAL
'Tian Sheng Hai' 1997 150000/10 Richards Bay/Rotterdam 1/10 June $30.00 fio
scale/25000sc - Cargill