THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 04/06/2007

The Daily Fixtures Report - 04/06/2007
-------------------------

BDI 6011 UP 28
BCI 8421 UP 39
BPI 5704 UP 64
BSI 4067 UNCHANGED

TIMECHARTER
'KWK Providence' EdF relet 2004 175531 dwt dely retro Beilun 28 May trip
via Brazil redel China $86000 daily - North China Shipping
'Front Climber' ETA relet 1991 169146 dwt - been fixed but not to
Glory Wealth or at the rate reported>
'Medi Lausanne' Golden Ocean relet 2006 83002 dwt dely Rotterdam 14/16 June
trip via Murmansk redel UKC $52000 daily - Transfield 'Michele Iuliano' EdF
relet 2006 82551 dwt dely Qingdao 3/5 June trip via NoPac & PG redel PMO
$42000 daily - ETA of Dubai 'Maritsa' 2005 76000 dwt dely Ulsan 7/10 June
min 5/max 7 months trading redel worldwide $45000 daily - Japanese chrtr
'Kavo Topaz' SK Shipping relet 2004 75499 dwt dely N.Spain end June min 100
days/max 5 months trading redel worldwide $53000 daily - CTP 'Yuan Hui Hai'
GMI relet 2006 74500 dwt dely Immingham ppt period upto
10/31
Dec 2007 redel worldwide $50000 daily - Rizzo-Bottiglieri-De Carlini
Armatori Spa 'Cymbeline' Rizzo-Bottiglieri-De Carlini Armatori Spa relet
2001 73601 dwt dely Chiwan 16/24 June 4/5 months trading redel worldwide
$46000 daily - TMT 'Cemtex Venture' 2006 73600 dwt dely Shanghai 15/17 June
3/5 months trading redel worldwide $41750 daily - STX Pan Ocean 'Myron N'
1990 70424 dwt dely La Coruna in d/c 1 June trip via EC South America
redel Skaw-Cape Passero $49000 daily - Bunge 'Iguana' 1996 70349 dwt dely
Busan 13/15 June min 4 months/max period
19 Nov
$42000 daily - cnr
'Hellenic Breeze' 1993 69601 dwt dely Mobile 10/15 July period 10 Jan/10
Mar
2008 redel Far East $47250 daily + $860000 bb - Practica 'Navios Gemini S'
1994 68636 dwt dely Mobile 10/15 June 2/3 laden legs redel Skaw-Cape
Passero $46000 daily + $740000 bb option $48000 daily redel Singapore-Japan
rge - CTP 'Syros' 1981 63325 dwt dely Montoir in d/c 6/10 June trip via EC
South America redel Skaw-Cape Passero $40000 daly - Bunge 'Santa Anna' 2006
56019 dwt dely Chennai spot trip redel Mumbai $53000 daily - Vikram Ispat
- 'Shamrock' 2006 52385 dwt dely Yantai 8/10 June 100/150 days trading
redel Atlantic approx $44000 daily - cnr 'Navios Achilles' Atlas relet 2001
52063 dwt dely Lianyungang 4/10 June 110/150 days trading redel worldwide
approx $42750 daily - Korean charterer 'Tai Harvest' 2002 51008 dwt dely
North China spot 3/5 months trading redel worldwide $42000 daily - Oceanbulk
- 'Ulcas' 1985 42244 dwt dely Charleston spot trip via US Gulf redel Italy
$ 46000 daily - Bulk Trading 'Leros' 1985 42083 dwt dely Nemrut 1/3 June
trip via Black Sea redel Yemen
$42625 daily - Glingrow
'Alam Selamat' 1992 39110 dwt dely Canakkale spot trip via Black Sea and
Arabian Gulf redel PMO $34000 daily - Fayette 'Gourniati' 1996 28387 dwt
dely Xangzhou 8/10 June trip via Australia redel Singapore-Japan $28000
daily - PCL 'Free Destiny' 1982 25321 dwt dely Caribbean spot trip via
North Coast America redel Black Sea $30500 daily - Oldendorff

ORE
'Hebei Tiger' 1992 170000/10 Guaiba/Qingdao 10/24 June $50.00 fio
scale/25000sc
- Pioneer Metals
'TBN' 70000/10 Sepetiba/Beilun & Haili 15/30 June $51.35 fio 72000sc/12000 -
Shagang