THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 31/10/2007

The Daily Fixtures Report - 31/10/2007
-------------------------

BDI 10656 DOWN 230
BCI 14078 DOWN 547
BPI 11515 DOWN 198
BSI 6949 DOWN 7
BHSI 3198 DOWN 20

TIMECHARTER
'Semirio' 2007 174261 dwt dely Taranto 9/11 Nov trip via Colombia redel
Skaw-Cape Passero $152000 daily - Cargill 'Mineral Antwerpen' 2003 172170
dwt dely Rizhao spot trip via West Australia redel China $155000 daily -
BHP Billiton 'Lowlands Beilun' 1999 170162 dwt dely Shanghai 15/17 Nov 4/6
months trading redel worldwide $165000 daily - BHP Billiton 'Kyla' 1982
134806 dwt dely PMO 1/10 Jan 12 months trading redel worldwide $75000 daily
- grain house 'Ariana' 2005 76631 dwt dely Taiwan 4/6 Nov trip via
Indonesia redel Japan $94000 daily - cnr 'Amapola' EdF relet 2002 76598 dwt
dely Rotterdam 2/4 Nov 2 laden legs via Ponta Da Madeira redel Far East
$90000 daily - Dreyfus 'Grain Harvester' relet 2004 76417 dwt dely
Zhanjiang 6/8 Nov balance of period
1/21 Mar redel worldwide $97000 daily - Dreyfus 'Oceanis' 2001 75211 dwt
dely Beihai 9/11 Nov trip via Indonesia redel Bridgeport $95000 daily -
Baumarine 'Waimea' Daeyang relet 1997 73048 dwt dely Worldwide Jan/Feb 2008
12 months trading redel worldwide $80000 daily - Sealink Hong Kong 'Lopi Z'
1998 71892 dwt dely Vietnam 15/17 Nov 18 months trading redel worldwide
$79000 daily - Rizzo-Bottiglieri-De Carlini Armatori Spa - 'Prem Poorva'
1994 69286 dwt dely Xingang 1/5 Nov trip via Australia redel India $96000
daily - Golden Ocean 'Yuanning Sea' 2004 55000 dwt dely Kandla 8/12
November trip redel China $80500 daily - Cosbulk 'Ocean Prefect' 2003 53035
dwt dely Worldwide Dec 07/Feb 08 abt 20 months trading redel worldwide
$62000 daily - cnr 'Rainbow' 2004 52000 dwt dely West Coast Italy spot
trip via Arabian Gulf redel PMO approx $67500 daily - cnr 'Gulf Globe' 1994
43246 dwt dely South China 8/15 November 12 months trading redel worldwide
$60000 daily - Korea Line 'Winner' 1975 27223 dwt dely Santos 8/18 Nov trip
via east coast South America redel Valencia-Malta range $45500 daily -
Proline

ORE
'Constellation TBN' 180000/10 Ponta Da Madeira/Pohang 30 Nov/14 Dec
$78.75 fio
scale/45000sc - POSCO
'Aquahope' 1997 150000/10 West Australia/Beilun & Shanghai 15/20 Nov $36.00
fio scale/30000sc - STX Pan Ocean Zodiac VLOC TBNs' VLCC conversions
20000/10 Tubarao/Caofedian consecutive voyages over 7.5 years commencing
Aug/Sept 2009 $21.40 basis $120 bunkers at Singapore fio scale/30000sc - Guo
Feng Steel -

COAL
'Castillo de San Jorge' 1989 160000/10 Richards Bay/Rotterdam 15/30 Nov
$47.75
fio scale/25000c - Swiss Marine