THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 17/09/2007

The Daily Fixtures Report - 17/09/2007

BDI 8296 DOWN 6
BCI 11072 UP 13
BPI 8618 DOWN 26
BSI 5488 DOWN 3
BHSI 2646 DOWN 3

TIMECHARTER
'Sea Victory' RTS relet 2004 180310 dwt dely Taranto 23/25 Sept
transatlantic round redel Skaw-Cape Passero $123000 daily - SK Shipping
'Anangel Explorer' NCS relet 2007 171927 dwt dely Qingdao 23/25 Sept trip
via West Australia redel China $130000 daily - China Shipping 'Mineral
China' Dreyfus relet 2003 171448 dwt dely China mid Oct balance of period
10/11 months trading redel worldwide $115000 daily - Constellation 'Navios
Asteriks' 2005 76801 dwt dely Ghent 15/16 Sept trip via Baltic redel UKC
$69000 daily - Armada 'Medi Antwerp' 2007 76600 dwt dely Imabari 25/30 Sept
trip via NoPac redel Aden-PMO $73000 daily - Noble 'Pos Glory' 2005 76508
dwt dely Japan 12/22 Oct 4/6 months trading redel worldwide $74000 daily -
Europeans 'Navios Cielo' BHP Billiton relet 2003 75829 dwt dely Southwest
Pass
17/19 Sept
balance of period Nov/10 Dec 2007 redel worldwide $62000 daily + $1.2
million bb
- Dreyfus
'Golden Lyderhorn' 1999 74242 dwt dely Kaohsiung 21/24 Sept trip via
Australia redel Singapore-Japan rge $75000 daily - cnr - 'Elinakos' 1997
73751 dwt dely Huangpu 16/18 Sept 2 years trading redel worldwide $58000
daily - MBC Shipping 'Carola' 1997 73740 dwt dely Bin Qasim 18/20 Sept
trip via Richards Bay redel India $60000 daily - Armada
'Bulk Cedar' 1998 73322 dwt -
'Hebei Courage' 1985 obo 70992 dwt dely Corpus Christi 28/30 Sept trip via
US Gulf & PG redel PMO $65000 daily + $1.25 bb - cnr 'Kater Wave' 1989 68601
dwt dely PMO end Sept trip via Richards Bay redel India $63000 daily -
British Marine 'Courage' 1884 66754 dwt dely Taichung 22 Sept/10 Oct trip
via Indonesia redel S.Korea $57000 daily - Chokang 'Marigo' 1981 63284 dwt
dely aps Southwest Pass 24/26 Sept trip via E.Med redel full Med $52500
daily + $800000 bb - Windrose 'Alara K' 2001 52413 dwt dely PMO prompt trip
via west coast India redel China $46000 daily - British Marine 'Medi Cebu'
2002 52239 dwt dely Singapore 28 Sept/7 October 12/14 months trading redel
worldwide approx $56000 daily - Oldendorff 'Belnor' 1996 47369 dwt dely
worldwide August/November 2008 5 years trading redel worldwide approx $25500
daily - Korean charterer 'Sanko Eagle' 1997 27868 dwt dely Qingdao 19/20
Sept 3/5 months trading redel Far East $38000 daily - Oldendorff 'Lake Aru'
1995 26435 dwt dely Kashima 19/21 Sept trip redel east coast India $36000
daily - Cargill 'African Wildcat' 1997 26412 dwt dely north China 20/22
Sept trip redel Japan $39000 daily - cnr

ORE
'Bergen Trader' 2000 70000/10 Guaiba/Ghent 25 Sept/10 Oct $40.00 fio 4 days
sc - Mittal

COAL
'Kang Cheng' 2004 50/55000/10 Queensland/EC India 1/15 October $58.50 fio
1-1 20000sx/10000sx - SAIL