THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 10/08/07

The Daily Fixtures Report - 10/08/2007
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BDI 7011 (UP 75)
BCI 9406 (UP 120)
BPI 6910 (UP 106)
BSI 4768 (UP 21)

TIMECHARTER
'KWK Providence' 2004 175531 dwt dely Nantong 13/15 Aug trip via Brazil
redel Japan $100000 daily - Japanese chrtr - 'Jean LD' 2005 171908 dwt dely
Far East October 1 years trading redel worldwide $101000 daily - Morgan
Stanley - Bay/Hadera> 'Anangel Legend' SK Shipping relet 1996 161909 dwt
dely Beilun 20/25 Aug 6/8 months trading redel worldwide $100000 daily - EdF
'Cape Hawk' NCS relet 1995 161425 dwt dely Rizhao 25/27 Aug 2 years
trading redel worldwide $83000 daily - Cargill 'Keros Warrior' 1989 149528
dwt dely Shanghai 25/31 Aug 4/6 months trading redel worldwide $82000 daily
- Swiss Marine 'Belisland' 2002 76602 dwt dely Ghent 19/21 Aug trip via
St.Lawrence redel China $67000 daily - Glory Wealth 'Golden Sakura; 2007
76500 dwt dely ex yard Imabari 23/25 Aug 1 year redel worldwide $55500
daily - cnr 'Anthemis' 2004 76200 dwt dely Immingham 14/17 Aug trip via
St.
Lawrence redel
China $67000 daily - cnr
'Navios Cielo' 2003 75829 dwt dely Le Havre 15/17 Aug balance of period
Nov/Dec
2007 redel worldwide $64000 daily - Oldendorff 'Star of Nippon' 2004 75611
dwt dely Worldwide Dec/Jan 2008 2 years trading redel worldwide $47500
daily total 3.75% - Sunwoo 'North Prince' 1999 75542 dwt dely Worldwide
October 18/20 months trading redel worldwide $50000 daily - Glory Wealth
'Avra' 2001 75169 dwt dely Qingdao 14/16 Aug 5/7 months trading redel
worldwide $57000 daily - Norden 'Navios Felicity' 1997 73867 dwt dely US
Gulf 20/30 Aug trip via Egypt redel Cape Passero $57000 daily + $1.115
million bb - Armada 'Angela Star' Atlas Bulk Shipping relet 1998 73798 dwt
dely Aden 11/18 Aug balance of period 20 Nov/10 Dec 1st leg Richards
Bay/Malaysia redel worldwide $56500 daily - Cosco 'Great Ambition' 1999
73725 dwt dely Cadiz 10/12 Aug trip via EC South America redel Far East
$66000 daily - Dreyfus 'Alpha Happiness' 1999 72893 dwt dely retro Cape
Passero 7 Aug trip via EC South America redel Skaw-Cape Passero $58500
daily - Proline 'Oriental Sun' Cargill relet 1998 72651 dwt dely Xiamen
spot trip via Weipa redel China $46000 daily - Glory Wealth 'First
Endeavour' 1994 69111 dwt dely Constanza 25 Aug/8 Sept 23/25 months trading
redel worldwide $45000 daily - Transfield 'Grand Rodosi' 1990 68700 dwt
dely retro Gibraltar 6 Aug trip via EC South America redel Skaw-Cape
Passero $56500 daily - TME - 'Popi S' 1982 64916 dwt dely Cape Passero in
d/c 20 Aug/5 Sept trip via EC South America redel Skaw-Cape $44500 daily -
Dreyfus 'Anassa Ioanna' 2003 53125 dwt dely Shanghai 20/30 August balance
period until Feb 08 redel worldwide $47500 daily - Norden 'Olympias' 2001
52817 dwt dely New Mangalore 10/15 August trip redel China $43000 daily -
Noble 'Lake Joy' 1996 28250 dwt dely Singapore 13/16 Aug trip via West
Australia redelivery Japan $32000 daily - TSL

ORE
'New Forest' 1996 160000/10 Guaiba/Qingdao 5/15 Sept $59.50 fio
scale/25000sc - cnr 'Tien Shan' 1994 110000/10 Nouadhibou/Dunkirk east &
west 5/19 Sept approx
$19.25 fio 7 days sc - Cetragpa