Baltic Dry Index Dry cargo fixture summary - 17 May

Subject: Dry cargo fixture summary - 17 May 2007

Dry cargo fixture summary - 17 May 2007

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BDI Baltic Dry Index 6603 DOWN 47

BCI Baltic Capesize Index 9487 DOWN 75

BPI Baltic Panamax Index 6220 DOWN 63

BSI Baltic Supramax Index 4292 DOWN 18

BHSI Baltic Handysize Index 2148 NO CHANGE

Timecharter

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'Cape Stork' 1996 171039 dwt dely Fukuyama 18/20 May trip via Roberts

Bank redel Redcar $80000 daily - Corus

'Rizzo-Bottiglieri-De Carlini Armatori Spa TBN' 87000 dwt dely ex yard

Hudong Shanghai Apr/Sept 2010 60/64 months trading redel worldwide $25750

daily - Samsun

'Yasa Nesilhan' 2005 82849 dwt dely Sparrows Point 27/30 May trip via

Norflok & Egypt redel Cape Passero int coal $57000 daily + $700000 bb -

EBC

'Betis'2004 76801 dwt dely Zhanjiangang 23/25 May 4/6 months trading

redel worldwide $48250 daily - Swiss Marine

'Mulberry Wilton' 2004 76453 dwt dely Goa 1/5 June trip redel Japan

$52000 daily - MOSK

'Solana' 1995 75275 dwt dely Nantong spot trip via Indonesia redel Taiwan

$41000 daily - STX Pan Ocean

'Altair' 2001 74665 dwt - <reported 16/05 Archer Daniels Midland said did

not fix the ship on timecharter but on voyage but details were private>

'Anny Petrakis' Bunge relet 2006 74600 dwt dely PMO spot trip via EC

South America redel China $51000 daily - Grand Ocean

'Seajoy' ABT relet 2000 73454 dwt dely Mississippi River 5/6 June trip

via Egypt redel Cape Passero $52000 daily + $1.00 million - Cosbulk

'Happy Clipper' 2001 73414 dwt dely Maizura 18/21 May trip via NoPac

redel Singapore-Japan rge $47000 daily - Cargill

'Waimea' 1997 73039 dwt dely Haldia 25 May/2 June trip via EC India redel

China $59000 daily - Noble

'Silvergate' Augustea relet 1987 68158 dwt dely US Gulf 27/30 May trip

via Turkey redel full Med $47250 daily + $850000 bb - Bunge

'Amadeus' 1984 66916 dwt dely Shanghai ppt trip via China redel Italy int

steels $40000 daily - Oldendorff - <fixed last week>

'Darya Shakti' 2004 56050 dwt dely Visakhaptnam 21/23 May trip redel

China $53000 daily - Chinese charterer

'Helene Selmer' 2005 55740 dwt dely South China 20/30 May trip redel

USGulf $39500 daily - Cargo-Levant

'Dubai Knight' 2007 55300 dwt dely North China spot trip redel Haldia

$42950 daily - cnr

'Rosita' Eastern Ocean relet 2004 52338 dwt dely Shekhou 16/18 May trip

via Indonesia redel China $47000 daily - Chinese charterer - <Corrects

rate from report of 16/05>

'Kanpur' 1986 47195 dwt dely Point Lisas 20/22 May trip via North Coast

South America redel Med $62000 daily - cnr

'Sea Pearl' 1987 38792 dwt dely Ilichevsk 20/22 May trip via Black Sea

redel USGulf $27500 daily - cnr

'Saranya Naree' 1991 28584 dwt dely Oran spot trip via Morocco redel

USGulf $25000 daily - Minfreight

'Dobrush' 1982 28136 dwt dely Lagos spot trip via East Coast South

America redel Morocco $28000 daily - Atlas - <recent>

Ore

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'Cargill TBN' 150000/10 Ponta Da Madeira/Rotterdam 20 June/5 July $27.30

fio scale 6 days sc - TKS

'Genco Knight' 70000/10 Nouadhibou/Rotterdam 23/27 May $16.50 fio 4 days

sc - Cobelfret

Coal

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Vogebulker' Cargill relet 1999 150000/10 Richards Bay/Rotterdam 8/22 June

$30.90 fio scale/25000sc - BHP Billiton

'Fantastiks' Cargill relet 2005 150000/10 Richards Bay/Rotterdam 5/13

June $30.90 fio scale/25000sc - BHP Billiton