Baltic Dry Index Dry cargo fixture summary - 01 May

Dry cargo fixture summary - 01 May 2007

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BDI Baltic Dry Index 6255 UP 7

BCI Baltic Capesize Index 9118 DOWN 9

BPI Baltic Panamax Index 5827 UP 1

BSI Baltic Supramax Index 4024 UP 19

BHSI Baltic Handysize Index 2009 UP 12

Timecharter

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'Pompano' 2006 174000 dwt dely Shanghai 2/4 May trip via West

Australia redel China $104000 daily - Transfield

'Anangel Explorer' newbuilding 173000 dwt dely ex yard Daewoo July

2007 5 years trading redel worldwide $58000 daily - Cosco Hong Kong

- <fixed last week>

'Bunge TBN' 2007 82000 dwt dely Worldwide July/Sept 42/45 months

trading redel worldwide $35500 daily - NYK - <fixed last week>

'Red Queen' 2005 76830 dwt dely Hunterston 14/20 May trip via Port

Cartier redel Eregli $50500 daily - Sigma

'Montrose' 2002 75592 dwt dely PMO 6/8 May trip via WC India redel

Singapore-Japan rge $52000 daily - Metchart

'Power Steel' Cargill relet 1999 74443 dwt dely San Nicolas 15/20 May

trip via EC South America redel Singapore-Japan rge $52000 daily +

$1.2 million bb - Grand Ocean

'Atlantic' 1996 73565 dwt dely Rotterdam 3/5 May trip via Port

Cartier redel Eregli $50000 daily - Sigma

'Bremen Max' 1993 73503 dwt dely Sual 6/13 May trip via Indonesia

redel Japan $49750 daily - NYK

'Panamax Dawn' 1983 69001 dwt dely Antwerp 20/30 May 23/25 months

trading redel worldwide $25000 daily - Deiulemar - <recent>

'Mitsa' 1981 64896 dwt dely Cape Passero 28/30 Apr trip via EC South

America redel Skaw-Cape Passero $38000 daily - Dreyfus - <recent>

'Aquitania' MUR relet 2006 55932 dwt - <details of fixture as per

report 27/04 are incorrect>

'Spar Canis' 2006 53565 dwt dely Lanshan 10/12 May 4/6 months trading

redel worldwide approx $42500 - cnr

'Azzura' Cargill relet 2004 52050 dwt dely West Coast India 8/12 May

trip redel China approx $41500 daily - cnr

'Jin Rong' 2000 50236 dwt dely Hazira spot trip redel China $39250

daily - Libra

'Darya Vishnu' Cargill relet 2006 48600 dwt dely Mariveles 27/29 Apr

trip via Indonesia redel EC India $43250 daily - Armada - <fixed

27/04>

'Pos Jade' 2006 31886 dwt dely Singapore spot trip redel

Singapore-Japan $26000 daily - cnr

'Clipper Lasco' 2004 28371 dwt dely Zhoushan 10/12 May 2 laden legs

duration abt 4 months redel Singapore-Japan $28200 daily - cnr

ORE

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'Noble TBN' 160000/10 Punta da Madeira/Qingdao 25 May/5 June $53.00

fio scale/cqd - Wu Hang

'TBN' 70000/10 Port Cartier/Dunkirk 12/26 May $23.75 fio 4 days sc -

Elcano

'Celine I' obo 1983 70000/10 Sepetiba/Qingdao 1/4 May $52.00 fio

40000sc/25000sc - Fairwind

COAL

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'Rubin Rosebay' 1994 70000/10 Mobile + Hampton Roads/Ijmuiden 10/15

May $31.50 fio 5 days sc - Corus