The Baltic Dry Index Dry cargo fixture summary - 01 June

Dry cargo fixture summary - 01 June 2007

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BDI Baltic Dry Index 5983 UP 12

BCI Baltic Capesize Index 8382 UP 23

BPI Baltic Panamax Index 5640 UP 39

BSI Baltic Supramax Index 4067 DOWN 10

BHSI Baltic Handysize Index 1976 DOWN 13

Timecharter

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'Beaufiks' 2004 180310 dwt dely Qingdao 13/15 June trip via West

Australia redel China $91000 daily - BHP Billiton

'Ina' 2003 176423 dwt dely Cape Passero 10/13 June trip via

Brazil redel South Korea $126000 daily - STX Pan Ocean

'Pompano' 2006 174000 dwt dely Bayuquan 1/2 June trip via Brazil

redel China $92000 daily - TMT

'CIC Pride' 2002 171870 dwt dely Kwangyang 10/12 June trip via

West Australia redel China $91000 daily - BHP Billiton

'Front Climber' ETA relet 1991 169146 dwt dely Worldwide December

2007 3 years trading redel worldwide $53500 daily - Glory Wealth

'Grand Spartounta' 1989 134895 dwt dely aps Madras 25 June/8 July

trip redel S.Korea $50000 daily + $800000 bb - STX Pan Ocean

'Yasa Pioneer' 2006 82787 dwt dely Cape Passero 6/8 June trip via

Brazil redel China $56500 daily - Pacific Bulk

'Apollo' Cargill relet 2006 77326 dwt dely Santos 14/16 June trip

redel China int ore $53000 daily + $1.00 million bb - Pioneer

Metals

'Bahia' 2004 76801 dwt dely Fuzhou spot 4/6 months trading redel

worldwide $43750 daily - Sinochart

'Million Trader II' Rizzo-Bottiglieri-De Carlini Armatori Spa relet

2004 76466 dwt dely ex dry dock Kudamatsu 19/20 June 4/5 months

trading redel worldwide $45500 daily - Golden Ocean

'Lietta' CTP relet 2002 76015 dwt - <reported 31/05 charterer

is Industrial Carriers>

'Avra' Hanjin relet 2001 75169 dwt dely Recalada 18/20 June trip

via EC South America redel Far East $50250 daily plus $1.15

million bb - Dreyfus

'Amazon' 2001 74910 dwt dely psg Singapore spot 3/5 months trading

redel worldwide $43000 daily - Swiss Marine

'Silver Dragon' Sinochart relet 2006 74748 dwt dely Mississippi

River 20/25 June trip via Egypt redel Cape Passero $48500 daily +

$800000 bb - National Navigation of Cairo

'Redondo' 2000 74716 dwt dely Recalada 19/25 June trip via PG

redel PMO $54000 daily + $1.20 million bb - ETA

'Alpha Melody' Hanjin relet 2002 74475 dwt dely Hadong 7/15 June

trip via EC Australia redel Japan $40000 daily - Japanese chrtr

'Tian Yu Feng' 2001 74272 dwt dely Shanghai 4/6 June trip via

Philippines redel Japan $38250 daily - 'K' Line

'Marigo P' 2001 73810 dwt dely Inchon spot trip via NoPac redel

Japan $38000 daily - Marubeni

'Baltia' relet 1996 73040 dwt dely Kamiiso 2/3 June trip via

Indonesia redel Hong Kong $27000 daily - BHP Billiton

'Capitano Giovanni' 1995 71119 dwt dely Black Sea ppt trip via

Saudi Arabia redel Aden-PMO rge $53000 daily - Alfred C.Toepfer

'Altair' 1981 64120 dwt dely Jeddah 10/15 June trip via Red Sea

redel China $32000 daily - cnr

'Dong Shen Ocean' 1981 61393 dwt dely aps Iran 5/15 June trip

redel China $31250 daily - Metchart - <corrects 31/05 report>

'Yuan Ning Sea' 2004 55000 dwt dely Fangcheng 10/12 June trip via

Philippines redel China $43000 daily - cnr

'Desert Harmony' 2006 53800 dwt dely USGulf 10/17 June trip redel

Singapore-Japan approx $54500 daily - STX Pan Ocean

'Evnia' 2003 53650 dwt dely Houston spot trip redel

Singapore-Japan approx $58000 daily - Tianjin Yuanhue Shipping

'Alitis' 2002 53094 dwt dely Fangcheng 3/4 June trip via

South-East Asia redel China $45000 daily - cnr

'Navios Achilles' 2001 52063 dwt dely Lianyungang 4/10 June 3/5

months trading redel worldwide $41500 daily - Atlas

'Navios Vector' 2002 50296 dwt dely USGulf 8/10 June trip redel

Singapore-Japan approx $54250 daily - TPC

'Yang Hai' 1999 47201 dwt dely USGulf 2/7 June trip redel West

Coast Mexico approx $50000 daily - Dreyfus

'Fonthida Naree' 1995 28484 dwt dely St.Lawrence spot trip redel

North Coast South America-North Brazil $29600 daily - Bunge -

<recent>

'Wave Bulker' 1994 27308 dwt dely Qingdao spot 2/3 laden legs

redel Singapore-Japan $25750 daily - Armada

ORE

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'Norden TBN' 70000/10 Noaudhibou/Dunkirk 9/16 June $16.50 fio 4

days sc - Cetragpa

GRAIN

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'NNC TBN' 60000/10 US Gulf/El Dekheila 25 June/10 July $53.85 fio

10000sc/8000fx - Venus