Baltic Dry Index Dry cargo fixture summary - 04 May

Dry cargo fixture summary - 04 May 2007

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BDI Baltic Dry Index 6321 UP 45

BCI Baltic Capesize Index 9122 UP 53

BPI Baltic Panamax Index 5942 UP 52

BSI Baltic Supramax Index 4085 UP 29

BHSI Baltic Handysize Index 2049 UP 15

Timecharter

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'Mineral Kyushu' 2006 180011 dwt dely Nantong 16/18 May in d/c trip via

West Australia redel China $108500 daily - BHP Billiton

'Unique Carrier' CTM relet newbuilding 177000 dwt dely ex yard SWS

Shanghai 10/15 May 4/6 months trading redel worldwide $100000 daily - BHP

Billiton

'China Steel Growth' SK Shipping relet 2002 175000 dwt dely Kaohsiung mid

May trip via Dalrymple redel Rotterdam-Antwerp $84000 daily - Golden

Ocean

'S.A. Altius' 2001 171509 dwt - <reported 3/05 correct rate is $129000

daily>

'Alameda' Morgan Stanley relet 2001 170726 dwt dely Beilun 19/21 May trip

via West Australia redel China $102500 daily - BHP Billiton

'Star Zulu' 1986 170698 dwt dely Shanghai 5/10 May trip via West

Australia redel China $90000 daily - Chinese chrtr

'Aquahope' EdF relet 1997 167109 dwt dely Immingham 12/14 May trip via

Brazil redel Far East $127000 daily - STX Pan Ocean

'Cape Lord' Winning relet 1982 143475 dwt dely Qinhuangdao 10/15 May trip

via Newcastle redel Taiwan $58000 daily - SK Shipping - <fixed a week

ago>

'Belgrano' 2004 76759 dwt dely Zhanjiang 12/14 May 5/7 months trading

redel worldwide $47750 daily - Hanjin

'Pina Cafiero' Deiulemar relet 2002 75688 dwt dely Shanghai 4/8 May 5/7

months redel worldwide $47000 daily - Norden

'Graecia Universalis' 2005 73902 dwt dely Kagoshima spot 5/7 months

trading redel worldwide $48500 daily - Bunge - <fixed last week>

'Songa Alicia' 2005 73901 dwt dely Mobile 12/17 May 2 laden legs redel

Skaw- Cape Passero $48500 daily + $850000 bb - Bunge

'Rule' 1999 73744 dwt dely San Nicolas end May 1 years trading redel

worldwide $44250 daily - European chrtr

'Maikiki' Augustea relet 2001 73048 dwt dely Qingdao 8/10 May trip redel

Philippines $40000 daily - Farenco Beijing

'Jag Arnav' TMT 1995 71122 dwt - <reported 03/05 the correct rate is

$54000 daily>

'Eastern Queen' 1994 70196 dwt dely Mauban ppt trip via Indonesia redel

S.Korea $45350 daily - SK Shipping

'Hui Ping' 1994 69562 dwt dely Montoir 6/8 May trip via Brazil redel

China $50000 daily - Alfred C.Toepfer

'Panamax Peppou' 1983 61539 dwt dely San Cyprian 9/12 May trip via River

Plate redel Southeast Asia $44000 daily - Dreyfus

'Doric Pride' 2001 52428 dwt dely Far East end May/early June 2 years

trading redel worldwide approx $34500 daily - Korean charterer

'Shamrock' 2006 52395 dwt dely China 20/30 May 1 years trading redel

worldwide approx $39000 daily - Transfield

'Ken' 1998 46700 dwt dely East Med spot trip via PG redel PMO $41000

daily - cnr

'Enterprise' 2000 45000 dwt dely East Med spot 4/6 months trading redel

worldwide $38000 daily - ED&F Man Shipping

'Maria K' Cargill relet 1983 35340 dwt dely USGulf 16/20 May trip redel

East Med $45000 daily - Energy

'Althea' 2002 28739 dwt dely Buenaventura 3/6 May trip via USGulf redel

West Coast Central America $32500 daily - San Juan Navigation

Ore

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'Eternal Star' 1978 70000/10 Goa/N.China 16/20 May $23.50 fio

35000sc/15000sc - cnr

Coal

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'Swiss Marine TBN' 180000/10 Roberts Bank/S.Korea 25 May/June 4 $24.50

fio 50000sc/45000sc-35000sc - POSCO