The Baltic Dry Index Daily Fixtures Reportt 20/07/07

The Daily Fixtures Report - 20/07/2007

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BDI 6601 UP 34

BCI 8303 UP 83

BPI 7109 DOWN 34

BSI 4493 UP 38

TIMECHARTER

'Diamond Warrior' 1984 197090 dwt dely Caofeidian end July/ely Aug trip via Port Hedland redel China $80000 daily - Wylex 'Cape Awoba' 1996 171979 dwt dely Beilun end July trip via Port Hedland redel Qingdao $88500 daily - BHP Billiton 'Lowlands Beilun' Armada relet 1999 170162 dwt dely retro Carboneras 16 July trip via Brazil redel China $112000 daily - Oldendorff 'Brisbane' 1995 151066 dwt dely PMO 30/31 July trip via Brazil redel China $93750 daily - Transfield 'Orange Truth' Norden relet 2006 83051 dwt dely Worldwide 1/31 Dec

23/25 months

trading redel worldwide $44000 daily - NCS 'Pos Courage' 2004 76801 dwt dely Xingang 6/8 Aug 4/6 months trading redel worldwide $55000 daily - NCS 'Agios Raphael' 1983 76697 dwt dely Mundra 22/24 July trip via EC South America redel Continent $47500 daily - cnr

'CMB Italia' 2005 76620 dwt - are

incorrect>

'Pos Dignity' 2004 76600 dwt dely Kosichang 29/30 July trip via Bunbury redel Bahrain int alumina $55000 daily - Baumarine 'Lietta' CTP relet 2002 76010 dwt dely Xiamen 23/25 July trip via Indonesia redel S.Korea $48000 daily - HMM 'Loch Maree' 2004 75845 dwt dely Lanshan 22/24 July trip via Gladstone redel Taiwan $44500 daily - Daeyang 'Nord Neptune' 2006 75726 dwt dely Valencia 1/3 aug trip via Nouadhibou redel Fos $70000 daily - SK Shipping 'Tianjin Pioneer' 2005 75500 dwt dely Immingham 1/5 Aug 2 consecs via Spitzbergen redel UKC $70000 daily - Jebsens 'Hang Ta' 1998 74682 dwt dely Le Havre 21/26 July 2 consecs via Spitzbergen redel UKC $70000 daily - Jebsens 'Beauty Donor' 1997 73767 dwt dely Antwerp 9/14 Aug 3/4 months trading redel worldwide $65000 daily - CTP 'Cupid Feather' 1994 68621 dwt dely Ravenna 27 July/4 Aug 11/13 months trading redel worldwide $49000 daily - cnr 'Santa Maria I' 1984 67296 dwt dely Fos ppt trip via EC South America redel Skaw-Cape Passero $61000 daily - Cargill 'Lancelot' 1982 61883 dwt dely Dahej 7/11 Aug via Aqaba redel China int ferts $41000 daily - Noble 'Ding Xiang Hai' 2000 47787 dwt dely Kashima 23/28 July trip via Nopac redel Japan $40000 daily - cnr 'Saga Frontier' 2007 46652 dwt 14 on 35 + 2 (10 ho 10 ha) dely Port Canaveral

7/15 August trip via USGulf redel Singapore-Japan $45500 daily - STX Pan Ocean 'North Star' 1985 42219 dwt dely Bandar Khomeini spot trip via Shuaiba redel South China $30000 daily - STX Pan Ocean

ORE

'Front Breaker' obo 1991 150000/10 Nouadhibou/Rotterdam 1/15 Aug $18.50 fio scale/30000sc - Rogesa 'New Venturer I' 1981 100000/10 Port Cartier/El Dekheila 3/14 Aug $29.80 fio scale/30000fc - ANSDK

COAL

'Gaia' 1999 160000/10 Roberts Bank/Rotterdam 25 Aug/10 Sept $40.40 fio 7 days sc

- TKS

GRAIN

'Altair' Armada relet 60000/10 wheat Mississippi River/El Dekheila 5/15 Aug $63.50 fio 10000sc/8000fx - Venus