THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 19/11/07

The Daily Fixtures Report - 19/11/2007
-------------------------

BDI 10780 DOWN 90
BCI 16115 DOWN 121
BPI 10342 DOWN 119
BSI 6638 DOWN 52
BHSI 3062 DOWN 9

TIMECHARTER
'Morgiana' 1988 186001 dwt dely Rizhao 20/30 Nov 5 years trading redel
worldwide averages $67500 daily - North China Shipping
'A.Duckling' 1992 175075 dwt dely Xingang trip via Australia redel
Far East
$148000 daily - Constellation
'Mineral Hong Kong' 2006 175000 dwt dely Cape Passero 25/27 Nov 1 years
trading redel worldwide $170000 daily - Kleimar - 'Fernandina' 2006 174204
dwt dely retro Singapore 8 Nov trip via Brazil redel China $167500 daily -
TMT 'Snowdon' Morgan Stanley relet 1998 170013 dwt dely Atlantic mid Dec 12
months trading redel worldwide $178000 daily - Cosco Qingdao 'CHS Bright'
1995 151053 dwt dely Zhoushan 22/30 Nov trip via Tanjung Bara & Hadera
redel Cape Passero $110000 daily - Swiss Marine 'Bulk Leher' 1992 149532 dwt
dely Hunterston 10/13 Dec transatlantic round voyage redel Skaw-Cape
Passero $180000 daily - SK Shipping 'Eleftheria' 2001 76058 dwt dely
Amsterdam 17/19 Nov trip via US Gulf redel Jorf Lasfar $85000 daily - Swiss
Marine 'Loch Alyn' 2005 75744 dwt dely Zhanjiang spot trip via Indonesia
redel Skaw-Passero range $80000 daily - Swiss Marine 'Yasa Unity' 2006 75580
dwt dely Kaohsiung in dc 28/30 Nov 4/6 months trading redel worldwide
$90000 daily - CTP 'Waikiki' relet 1995 75473 dwt dely US Gulf 1/10 Dec 2/3
laden legs period Mar
2008 redel worldwide $86500 daily + $1.3 million bb - Cargill Filippo Lembo'
1997 75264 dwt dely Shanghai 16/18 Nov trip via Nopac redel Far East $79000
daily - Dreyfus (fixed last week) 'Avra' relet 2001 75169 dwt dely
Rotterdam 27/30 Nov 4/6 months trading redel worldwide $89000 daily - Cosco
Europe 'Majorca' 2005 74364 dwt dely Kaohsiung spot trip via Nopac
redelSingapore-Japan rge int S.China $73000 daily - Cargill 'Guarav Prem'
2005 73901 dwt dely Ghent 24/30 Nov 1/2 laden legs via St.Lawrence or US
Gulf redel Singapore-Japan rge $91000 daily - cnr 'C.Journey' 1995 73095 dwt
dely Immingham 25/27 Nov period up to 5/30 Mar 2008 redel worldwide $89000
daily - United 'Happy Day' 1997 71694 dwt dely Cadiz 18/22 Nov 3/4 months
trading redel worldwde $91000 daily - Transfield 'Talisman' MUR relet 2006
56019 dwt dely Pasir Gudang spot trip redel Continent approx $69000 daily
- Toepfer - 'Moondance 2' 2005 55566 dwt dely Kobe 24/29 November trip via
Nopac redel Singapore-Japan $71250 daily - cnr - corrects rate on report
16/11> 'Ioannis K' 2001 51557 dwt dely East Coast Mexico 5/12 December
trip via USGulf redel Japan $72500 daily + $1000000 bb - Cargill 'Mutsushio'
2002 50363 dwt dely Inchon 21/24 November trip via Arabian Gulf redel PMO
approx $63500 daily - cnr 'Dubai Faith' 1992 45681 dwt dely Zhanjiang 19/20
November trip via Taiwan redel Nigeria $68000 daily - Cargill 'Ji Qing Men'
1984 39365 dwt dely passing Piraeus prompt trip via Black Sea redel
PMO-India range $51000 daily - Cosmotrade 'Chalothorn Naree' 1996 27079 dwt
dely Pasajes 18 Nov 1/2 laden legs redel Atlantic $40000 daily - Atlas

COAL
'Genco London' 2007 160000/10 Roberts Bank/Kwangyang or Pohang 5/15 Dec
$46.25
fio scale/50000sc - POSCO