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

The Daily Fixtures Report - 07/11/2007
-------------------------

BDI 10674 UP 69
BCI 14749 UP 241
BPI 11194 UP 43
BSI 6756 DOWN 19
BHSI 3101 DOWN 33

TIMECHARTER
'Nord-Energy' 2004 180314 dwt dely Dunkirk 11/13 Nov transatlantic round
voyage redel Skaw-Cape Passero $173000 daily - SK Shipping - 'Unique
Carrier' 2007 177876 dwt dely Caofeidian 23/25 Nov 6/8 months trading redel
worldwide $170000 daily - CTM 'Castillo de Valverde' 2005 173764 dwt dely
Qingdao 14/16 Nov trip via West Australia redel China $165000 daily - BHP
Billiton
'Aquafaith' 1997 167102 dwt -
'Coppersmith' 1995 149735 dwt dely Rizhao 12/14 Nov trip via West
Australia redel China $146000 daily - Rio Tinto 'E.Oldendorff' 1982 78532
dwt dely Shanghai 13/15 Nov trip via N.China redel Spain int clinker
$72000 daily - Atlas Bulk Shipping 'Ajax' 2006 77328 dwt dely S.China 15/17
Nov 4/6 months trading redel worldwide $95000 daily - cnr 'Bonita' 2001
76623 dwt dely Yangjiang 12/14 Nov min 4/max 6 months trading redel
worldwide $96000 daily - Norden 'Osmarine' 2006 76596 dwt dely Bakar spot
trip via Brazil redel China $88500 daily - Noble 'Penda Bulker' 2005 76520
dwt dely Piombino 8/10 Nov trip via Orinoco redel Far East $90000 daily -
CTP 'Golden Kiji' 2007 76500 dwt dely ex yard Tshuneishi 19/21 Nov 4/6
months trading redel worldwide $95000 daily - CTP 'Bergen Trader' 2000 75933
dwt dely Dunkirk 15/17 Nov trip via Brazil redel China $87000 daily - TMT
'Yomoshio' 2001 75500 dwt dely Continent 16/18 Nov trip via Brazil redel
China $92750 daily - CTP 'Ribbon' 1998 74522 dwt dely Montoir 19/21 Nov 3/4
months trading redel worldwide $91000 daily - CTP 'Anna Smile' STX Pan Ocean
relet 2004 74500 dwt dely US Gulf 20/30 Nov trip redel Continent $83000
daily + $1.3 million bb - TTMI - 'F.D.Gennaro Aurelia' 2007 74483 dwt dely
Mauban 10/11 Nov 4/6 months trading redel worldwide $95000 daily - cnr
'Banzai' 2002 74222 dwt dely Ghent spot trip via Baie Comeau redel
Continent $80000 daily - Cargill 'Rodon' Rizzo-Bottiglieri-De Carlini
Armatori Spa relet 1993 73656 dwt dely PMO
14/22 Nov min 4/max 6 months trading redel worldwide $94000 daily - STX Pan
Ocean 'Global Triumph' 1996 72870 dwt dely Aughinish 20/22 Nov trip via
St.Lawrence & Egypt redel Cape Passero $87000 daily - Cargill 'Shekou Sea'
1996 72394 dwt dely Mormugao 15/17 Nov trip redel Far East $98000 daily -
cnr 'Matilda' obo 1993 72000 dwt dely Bilbao 8/10 Nov trip via Brazil
redel China $80000 daily - Chinese chrtr 'Menorca' 1997 71685 dwt dely El
Ferrol 11/13 Nov trip via US Gulf redel full Med approx $84500 daily -
European chrtr 'Paschalis' 1984 69171 dwt dely Stade 5/7 Nov trip via USEC
redel Med $77500 daily - Cargill 'Belem' CTP relet 1995 68519 dwt dely
Dalian ppt trip via NoPac redel China int sulphur $83500 daily - Swiss
Marine 'Theoniki' 1982 65772 dwt dely retro Spain 29 Oct trip via Brazil
redel Spain $62000 daily - AWB 'Arya Payam' 2003 53000 dwt dely passing
Qingdao spot trip via South-East Asia redel China $58000 daily - Winning
'Tiara Ocean' 2004 52532 dwt dely Mawan 9/14 November trip via Australia
redel Taiwan $71000 daily - China Steel Express 'Jin Sheng' 2006 52050 dwt
dely Zhanjiang 11/13 November 3/4 months trading redel worldwide approx
$74000 daily - Eastern Ocean 'Prabhu Jivesh' 2002 50956 dwt dely Paradip
10/12 November trip redel China $72000 daily - cnr 'Maria L' 2003 50338 dwt
dely Amsterdam retro 30th October 3/5 months trading redel woldwide $69500
daily - Swiss Marine 'Snow Falcon' 2003 50246 dwt dely Longkou spot trip
via Nopac redel India $72000 daily - cnr 'Pax Phoenix' 2001 50236 dwt dely
Brake spot trip via US East Coast/Gulf to the Arabian Gulf redel PMO $68000
daily - cnr 'Star Polaris' 1996 43775 dwt dely Rio Grande 17/22 Nov trip
via ECSouth America redel Cont/Med intention Spain $59500 daily + $950000 bb
- Cargill (fixed recently) 'Lake Arafura' 2002 28471 dwt dely Kunsan 8/10
Nov 2 laden legs trading redel Far East $43000 daily - cnr

ORE
'CHS World' 2005 160000/10 Tubarao/China 20/30 Nov $85.00 fio scale/30000sc
- NCS 'Cargill TBN' 75000/10 Sepetiba/China 25/27 Nov $81.00 fio
scale/12000sc
- Glory
Wealth
'Cargill TBN' 75000/10 Itaqui/Qingdao 21/30 Nov $82.00 fio 40000sc/25000sc -
Pioneer Metals