The Baltic Dry Index Dry cargo fixture summary - 25 May

Dry cargo fixture summary - 25 May 2007

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BDI Baltic Dry Index 6212 DOWN 92

BCI Baltic Capesize Index 8835 DOWN 137

BPI Baltic Panamax Index 5781 DOWN 114

BSI Baltic Supramax Index 4156 DOWN 31

BHSI Baltic Handysize Index 2061 DOWN 30

Timecharter

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'Mineral Tianjin' 2004 176000 dwt - <reported 24/05 failed>

'Cape Pioneer' Cargill relet 2005 170012 dwt dely Dunkirk 30/31 May trip

via Brazil redel China $132000 daily - Transfield

'Billion Trader II' 2007 82014 dwt dely Cape Passero 27/30 May trip via

Nouadhibou redel Dunkirk $54750 daily - Mittal

'Centurion' 2006 76838 dwt dely Kosichang 1/5 June trip via Dampier redel

Pakistan $48500 daily - Shadab

'Red Jasmine' CTP relet 2002 76596 dwt dely Zhoushan 26/28 May trip via

Indonesia redel Med $39500 daily - Cargill

'CMB Laetitia' 2006 76000 dwt - <reported 24/05 failed>

'Medi Rotterdam' 2002 75735 dwt dely ex drydock Shanghai 30/31 May NoPac

round redel Far East $40000 daily - cnr

'Century Star' CTP relet 2003 75316 dwt dely Shekou 28/30 May trip via

Indonesia redel Singapore-Japan rge approx $39000 daily - Cargill

'Amira' 2001 74400 dwt dely Taichung 24/28 May trip via Weipa redel Porto

Vesme $38500 daily - Cargill

'Anangel Enosis' 1995 73556 dwt dely Bilbao 28/30 May in d/c trip via

Kamsar redel San Ciprian $52000 daily - Cobelfret

'Bergen Max' Bunge relet 1994 73496 dwt dely San Nicolas 12/15 Jun trip

redel Spain $52000 daily + $1.15 million bb - Transgrain

'Vogevoyager' 1996 72171 dwt dely Worldwide Oct/Dec 2007 2 years trading

redel worldwide $35000 daily - Daeyang

'Edfu' 1997 71572 dwt dely Huelva 28/30 May trip via EC South America

redel China $55000 daily - Wilmar

'Double Fortune' 1997 69118 dwt dely Lumut 29 May/1 June trip via EC

India redel Singapore-Japan rge $48500 daily - Noble

'Aquitania' 2006 55932 dwt dely New Mangalore 1/5 June trip redel China

$42000 daily - cnr

'Nord Whale' 2004 50345 dwt dely North France spot trip via Continent

redel South-East Asia $49000 daily - Daewoo Logistics

'Katerina' 1983 49674 dwt - <reported 24/05 - the vessel has not fixed

and is still open>

'Ken Unity' 1999 48913 dwt - <reported 23/05 fixture failed>

'Shinyo Integrity' 1996 45653 dwt dely Kaohsiung spot 100/150 days

trading redel Singapore-Japan approx $38500 daily - Oldendorff

'Addu Star' 1996 24034 dwt - <reported 24/05 - the rate was incorrect>

Ore

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'Cape Venus' 1996 160000/10 Port Hedland/Qingdao 10/20 June $22.00 fio

scale/25000sc - BHP Billiton - <amends from 24/05 report>

'Ferosa' 1992 150000/10 Port Hedland/14/23 June Qingdao $20.75 fio

scale/25000sc - BHP Billiton

Coal

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'TMT TBN' 150000/10 Roberts Bank/Redcar 15/22 June $22.00 fio 6 days sc -

Corus - <amends from 24/05 report>

'Grand Spartounta' 1989 CTM relet 120000/10 Roberts Bank/Kaohsiung 22/30

June $25.20 fio scale/38000sc - China Steel Express