THE DAILY FIXTURES REPORT

The Daily Fixtures Report - 04/10/2007
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BDI 9513 DOWN 48
BCI 13678 DOWN 305
BPI 9614 UP 69
BSI 5803 UP 62
BHSI 2811 UP 12

TIMECHARTER
'Lowlands Sunrise' 2003 176000 dwt dely Passero 15/17 October trip via
Brazil redel China approx $190000 daily - Transfield 'CSK Beilun' 1999
172561 dwt dely Rizhao trip via West Australia redel China $157000 daily -
Rio Tinto 'Pierre LD' BHP-Billiton relet 2005 172000 dwt dely Dunkirk
20/25 Oct trip via Brazil redel S China $185000 daily redel N China $189000
daily - Noble 'Billion Trader 11' 2007 82014 dwt dely passing Rhodes 10/25
Oct 7/9 months trading redel worldwide $79000 daily - Cosco Europe 'Good
Hope Max' 2005 76739 dwt dely Skaw mid Oct trip via St Lawrence redel Japan
$84000 daily - MOSK 'Red Lily' 2004 76606 dwt dely Aughinish 5/10 Oct trip
via St Lawrence and Eregli redel passing Cape Passero $79000 daily - AWB
'Mishima' K-Line relet 2002 76598 dwt dely Porto Vesme 8/10 Oct trip via
east coast South America redel Skaw-Passero range $76000 daily - Cargill
'Atlantic Breeze' 2004 76267 dwt dely Lanshan 8/10 Oct trip via East
Australia redel Japan $80000 daily - KLine 'Peppino D'Amato' 2005 75698 dwt
dely worldwide 20 Oct/10 Nov 1 years trading redel worldwide $75000 daily -
cnr 'Star of Nippon' 2004 75611 dwt dely worldwide Dec/Feb 2 years trading
redel worldwide $62000 daily - cnr 'Yasa Unity' 2006 75580 dwt dely Praia
Mole 15/20 Oct trip via east coast South America redel Far East $78000 daily
+ $1.4 million bb - CSE 'Angelic Power' 2002 74759 dwt dely Constanza
prompt trip via Black Sea redel Singapore-Japan range $75000 daily -
Richstone 'Atlantic' 1996 73565 dwt dely Shekou 9/11 Oct trip via Indonesia
redel Med $80000 daily - EDF 'Far Eastern Silo' 1990 69338 dwt dely
retroactive sailing Zhoushan 27 Sept 3/5 months trading redel worldwide
$73000 daily - Swiss Marine 'Epiphana' 1995 68591 dwt dely Kushiro 8/11 Oct
trip via Nopac redel Singapore-Japan range $77500 daily - cnr 'Sea Ilex'
1991 62873 dwt dely Stade 8/10 Oct 1 Transatlantic round voyage $66000
daily - Italian chrtrs 'Maritime Newanda' 2005 55820 dwt dely worldwide Jan
2008 2 years trading redel worldwide $53000 daily - cnr 'Vega Eternity' 2002
52514 dwt dely Fangcheng spot trip via Kalimantan redel East Coast India
$67000 daily - Armada 'Harrier' 2001 50296 dwt dely Mumbai 11/13 October
trip redel China $54000 daily - Noble 'Jin Rong' 2000 50236 dwt dely USGulf
7/9 October trip redel Singapore-Japan $69000 daily - Korean charterer
'Aetos' 2001 48893 dwt dely Karachi 3/10 October 1 year trading redel
worldwide $51500 daily - Eitzen - 'Tai Shan Hai' 1996 47698 dwt dely
Surabaya 14/16 October trip via Dampier redel Australia redel Indonesia
$59000 daily - Armada 'Darya Rani' 1996 47000 dwt dely East Coast India
spot 4/6 months trading redel worldwide approx $60000 daily - Western
Bulkcarriers 'Pretty Flourish' 1997 46841 dwt dely Xingang 9/11 October
trip via SE Asia redel China intention Nickel Ore $62500 daily - cnr 'Ming
Hai' 1996 45593 dwt dely Ningbo 11/13 October trip via Indonesia redel
China $48000 daily - Armada 'Maha Deepa' 1985 45271 dwt dely Marmara spot
trip redel Singapore-Japan $49000 daily - cnr 'Lake Globe' 1994 43216 dwt
dely Lanshan 5/10 October balance period until Jan/Feb 2008 redel worldwide
approx $57000 daily - cnr 'Normannia' 1997 42648 dwt dely Haldia 12/22
October 12 months trading redel worldwide $51000 daily - Oldendorff 'SH
Bright' 2006 29828 dwt dely Shibushi spot 2 laden legs redel
Singapore-Japan approx $44000 daily - Jebsens

ORE
'Lowlands Phoenix' 160000/10 Guaiba/Dunkirk West + East 20/30 Oct $46.50 fio
7 day shinc - Arcelor-Mittal