THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 02/11/07

The Daily Fixtures Report - 02/11/2007
-------------------------

BDI 10548 DOWN 33
BCI 14021 UP 33
BPI 11334 DOWN 81
BSI 6852 DOWN 45
BHSI 3170 DOWN 17

TIMECHARTER
'Cape Albatross' 2007 180211 dwt dely Worldwide January 2008 8/9 months
trading redel worldwide $175000 daily - Armada 'Great Navigator' Daebo relet
2006 176603 dwt dely Mizushima 15/16 Nov trip via Saldanha Bay redel
S.Korea $165000 daily - STX Pan Ocean 'CSE Fortune Express' 2002 76634 dwt
dely Tilbury 10/15 Nov trip via Murmansk redel Continent $87500 daily -
Atlas Bulk Shipping 'Ocean Lily' Noble relet 2006 76585 dwt dely Sepetiba
12/14 Nov trip via EC South America redel Singapore-Japan rge $89500 daily
+ $1.5 million bb - CSE 'Pasquale Della Gatta' 1996 75228 dwt dely Eregli
15/20 Nov trip via Black Sea redel Singapore-Japan rge $92000 daily - cnr
'Great Century' 1999 73747 dwt dely Muroran 5/8 Nov trip via NoPac redel
Aden-PMO $98000 daily - Alfred C.Toepfer 'Tai Profit' 2001 73105 dwt dely
River Plate 15/20 Nov trip redel China $85000 daily + $1.6 million bb -
Transgrain 'Teng Fei Hai' 1995 69877 dwt dely Mobile 12/20 Nov 2 laden
legs redel Skaw-Cape Passero $85000 daily + $1.1 million bb - Dreyfus
'Tonga' 1984 66798 dwt dely Cape Passero 9/11 Nov trip via EC South
America redel Skaw-Cape Passero $70500 daily - Dreyfus 'Minoan Hope' 1982
64871 dwt dely Tianjin 4/10 Nov 2 laden legs via PG & India redel China
$63000 daily - cnr 'Port Estoril' 2001 52822 dwt dely Kohsichang 11/20
November trip redel West Coast India $78000 daily - cnr 'Apageon' 2005
52483 dwt dely Taiwan 3/5 November trip via Taiwan redel West Africa
$74000 daily - cnr 'Ocean Prelate' 2002 52433 dwt dely Zhanjiang 5/9
November trip via Philippines redel China approx $76000 daily - Eitzen 'Jin
Hui' 2000 50723 dwt dely Surabaya 5/14 November trip via Indonesia redel
East Coast India $77000 daily - Eitzen 'Syrena' 1997 48139 dwt dely USGulf
spot trip redel Spain $81000 daily
-
Armada
'Coral Ace' 1999 47286 dwt dely Tonda 11/12 November trip redel USGulf
$60000 daily - SK Shipping

ORE
'Erradale' 1994 150000/10 Narvik/El Dekheila 18/27 Nov $37.45 fio
scale/35000fc
- ANSDK -
'Grand Venetico' 1990 145000/10 Tubarao/Qingdao 20/30 Nov $81.00 option
Ponta Da Madeira ld $84.75 fio scale/30000sc - Oceanbulk 'Pierre' 1996
70000/10 Ponta Da Madeira/Ghent 15/29 Nov $41.50 fio 4 days sc - Cetragpa

COAL
'Lowlands Orchid' 2005 / - 01/11>