THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 05/06/07

The Daily Fixtures Report - 05/06/2007
-------------------------

BDI 6023 UP 12
BCI 8366 DOWN 55
BPI 5798 UP 94
BSI 4071 UP 4

TIMECHARTER
'Martzoukos A' 1995 161425 dwt dely Zhangjiang 5/7 June trip via E
Australia redel China $86000 daily - Nippon Steel Shipping 'Hebei Rainbow'
1983 83582 dwt dely retro Valencia 1 June trip via Orinoco redel China
$48500 daily - Armada 'Nordkap' 2002 77229 dwt dely Dunkirk 8/11 June trip
via Baltic redel China $58000 daily - Cosbulk 'Bergen Trader' 2005 76600 dwt
dely Tarragona 10/12 June 4/5 months trading redel worldwide $55000 daily -
TMT - 'Raffaele Iuliano' Norden relet 1995 75473 dwt dely Valencia 8/10
June balance of period up to 29 Oct/29 Nov redel worldwide $51000 daily -
Giuseppe Bottiglieri 'Grace Future' 2006 75376 dwt dely Gibraltar spot
trip via Maracaibo redel Gijon $50000 daily - Komrowski Bulk Shipping -
'Danae' Atlas Bulk Shipping relet 2005 75348 dwt dely Ghent 15/30 June
3/5
months trading redel worldwide $55000 daily - TMT - 'Alcyon' 2001 75247 dwt
dely Taiwan 10/20 June 6/8 months trading redel worldwide $45000 daily -
Sinochart 'North Friendship' Constellation relet 1999 74732 dwt dely El
Ferrol
12/14 June
2 laden legs redel Atlantic $54000 daily - Azure 'COS Intrepid' 2001 74119
dwt dely Taiwan 9/11 June trip via Indonesia redel Japan $49000 daily -
Japanese chrtr 'Calm Seas' 1999 74047 dwt dely Carboneras 6/10 June trip
via Bolivar redel Skaw-Cape Passero $53000 daily - EdF 'Zagora' Cargill
relet 2001 73435 dwt dely Tacoma 222/25 June trip via NoPac redel Far East
$43500 daily + $770000 bb - Dreyfus 'Waimea' 1997 73049 dwt dely N.China
20/30 June 5/7 months trading redel worldwide $43000 daily - Norden 'New
Herald' 1997 72875 dwt dely Qingdao 6/7 June trip via NoPac redel
Singapore-Japan rge $40000 daily - Dreyfus 'Morning Cloud' 1983 66754 dwt
dely Ploce 1/5 June 2 laden legs redel Skaw-Cape Passero $40000 daily -
Augustea - 'Armonikos' 1984 61748 dwt dely Liverpool 8/13 June trip via
Santarem redel Continent $42500 daily - Cargill 'Coral Globe' 1994 43284 dwt
dely Porto Vesme spot 2 laden legs redel Atlantic $38000 daily - Norden
'Aliki L' 1985 42592 dwt dely Rotterdam spot trip redel Turkey $39000
daily - EMR 'Gold Carrier' 1985 27601 dwt dely Port Klang 6/9 June trip via
SE Asia redel China $ 23000 daily - cnr

ORE
'TBN' 150000/10 Ponta da Madeira/Redcar + Immingham 10/15 June $28.60 fio 7
days sc - Corus 'KWK Providence' NCS relet 2004 or sub 150000/10
Tubarao/Qingdao 25/30 June $53.00 fio scale/25000sc - TMT

COAL
'Scope' 2006 160000/10 Puerto Bolivar/Gijon 17/25 June $25.00 fio
50000sc/25000sc - SK Shiipping 'Tian Sheng Hai' 1997 160000/10 Richards
Bay/Hadera 10/20 June $26.00 fio scale/30000sx - NCSC - 'Sanko Spark' 1996
150000/10 Richards Bay/Rotterdam 20/30 June $26.50 fio scale/25000sc - CTM