Baltic Dry Index Dry cargo fixture summary - 03 May

Subject: Dry cargo fixture summary - 03 May 2007

Dry cargo fixture summary - 03 May 2007

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BDI Baltic Dry Index 6276 UP 14

BCI Baltic Capesize Index 9069 DOWN 38

BPI Baltic Panamax Index 5890 UP 49

BSI Baltic Supramax Index 4056 UP 17

BHSI Baltic Handysize Index 2034 UP 18

Timecharter

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'China Venture' 2005 175000 dwt dely Rizhao 14/16 May trip via West

Australia redel south of Qingdao $102000 daily option north of Qingdao

$100000 daily - BHP Billiton

'CHS Creation' 2006 174231 dwt dely Japan 12/14 May trip via West

Australia redel China $104000 daiily - BHP Billiton

'S.A. Altius' 2001 171509 dwt dely Tarragona 10/12 May trip via Brazil

redel Far East approx $129750 daily - STX Pan Ocean

'Constantia' 1996 171039 dwt dely Gijon 9/11 May transatlantic round

voyage redel Skaw-Cape Passero $109000 daily - SK Shipping

'CE-Duke' 2001 170085 dwt - <reported 02/05 redel should read Redcar>

'Grand Clipper' 1996 168146 dwt dely Cape Passero spot trip via Guaiba

redel Eregli $105500 daily - Cerraghil

'Aquagrace' 1997 167106 dwt dely Shanghai 20/22 May trip via West

Australia redel China $102000 daily - North China Lines

'Medi Baltimore' 2004 76569 dwt dely El Ferrol 7/10 May 2 laden legs

redel Skaw-Cape Passero $52000 daily - Cargill

'Medi Taipei' 2003 76500 dwt dely Nantong 12/14 May trip via Australia

redel Japan $47000 daily - MOSK

'Nord Saturn' 2005 76400 dwt dely Black Sea 15/20 May 4/6 months trading

redel worldwide $50000 daily - Britannia Bulk

'Crest Voyager' 2005 76255 dwt dely Amsterdam 9/12 May 1 option 1 legs

redel Skaw-Cape Passero $51000 daily - Transfield

'IVS Merlot' TMT relet 2005 76150 dwt dely Taiwan 3/5 May trip via West

Australia redel PMO abt 55 days $51000 daily - NNC - <fixed about a week

ago>

'Pasquale Della Gatta' 1996 75473 dwt dely Xingang 10/20 May 5/7 months

trading redel worldwide $45000 daily - Norden

'Yuan Zhi Hai' 2005 74500 dwt dely PMO 10/17 May trip via Richards Bay

redel Goa $49000 daily - Bulk Marine

'Yong Huan' Atlas Bulk Shipping relet 2000 74500 dwt dely Continent 9/17

May 3/4 months trading redel worldwide $50000 daily - CTP

'Great Wisdom' TMT relet 2000 74393 dwt - <reported 02/05 but the

business failed on stem at $53000 daily redelivery Black Sea>

'Medi Roma' 2001 74255 dwt dely dlops Dunkirk 10/17 May 1 or 2 laden legs

redel Atlantic $52000 daily - CTP

'Sea Urchin' Baumarine relet 2001 74193 dwt dely Cape Passero spot

transatlantic round voyage redel Skaw-Cape Passero $50000 daily - Cargill

'COS Intrepid' Daebo relet 2001 74119 dwt dely S.China 4/6 May trip via

EC Australia redel Taiwan $43000 daily - China Steel Express

'Asia Graeca' 2004 74000 dwt dely Pascagoula 5/9 May 2 laden legs redel

Skaw- Cape Passero $49000 daily + $850000 bb - Bunge

'Pole' 1997 73409 dwt dely Inchon spot trip via Indonesia redel S.Korea

$39250 daily - S.Korean chrtr

'Pontodamon' 2000 72900 dwt dely Taiwan 4/7 May trip via Australia redel

China $44500 daily - Transfield

'Jag Arnav' 1995 71122 dwt dely Swinoujscie 8/10 May trip via Ventspils

redel China int fertilizers $52000 daily - Daeyang

'Bianco ID' 1998 70251 dwt dely dop Houston 15/20 May trip via US Gulf &

Iraq redel PMO $55000 daily + approx $925000 bb - Shadab - <this busines

was reported 01/05 but failed and then refixed>

'SD Victory' 1986 69585 dwt dely Cadiz 3/7 May trip via EC South America

redel Singapore-Japan rge $49000 daily - Bunge

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

redel worldwide $43000 daily - Norden - <Adds charterer to report of

01/05>

'Tai Hua Hai' 1991 47377 dwt dely USGulf 15/30 May balance period until

15 Jan/15 Feb redel worldwide $41000 daily - Sunwoo

'Solar Asia' 1998 46658 dwt dely Kaohsiung 9/10 May 4/6 months trading

redel worldwide approx $40000 daily - Cargill

'Mehmet Aksoy' 1985 45877 dwt - <reported 27/04 2 years T/C. It is now

reported that the fixture failed on C/P details>

Coal

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'Bunge TBN' 2 X 70000/10 Hampton Roads/ARA range 1/20 June $26.00 fio 5

days sc - TKS