THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 23/11/07

The Daily Fixtures Report - 23/11/2007
-------------------------

BDI 10148 DOWN 180
BCI 14873 DOWN 212
BPI 9997 DOWN 180
BSI 6205 DOWN 177
BHSI 2959 DOWN 37

TIMECHARTER
'Bulk Hong Kong' Transfield relet 2006 180230 dwt - rate should
read $167000 daily if S.China option $170000 daily N.China> 'Tian Bao Hai'
2004 175000 dwt dely China 25/30 Nov trip via Tanjung Bara & Hadera redel
Cape Passero $115000 daily - SK Shipping 'Gorius' BHP Billiton relet 2004
171320 dwt dely Port Kembla 13/14 Dec trip via Esperance redel China
$170000 daily + $3.00 million bb - Sinoeast
'Occam's Razor' 1981 144348 dwt -
'Eurydice D' 1985 140532 dwt dely Qingdao 26/30 Nov trip via EC Australia
redel S.Korea $135000 daily - Constellation 'Filomena L' 2003 76629 dwt
dely Zhanjiagang 23/25 Nov trip via NoPac redel Singapore-Japan rge $75000
daily - Dreyfus 'Laconia' 1987 68158 dwt dely Lanshan 23/25 Nov trip redel
Skaw-Cape Passero $63000 daily - Cargill 'Stoikos' Cargill relet 1985 67359
dwt dely PMO 28/30 Nov trip via WC India redel China $57000 daily -
Brownstone 'Jewel 1' 1983 65403 dwt dely Inchon 28 Nov/4 Dec trip via
NoPac redel southeast Asia $60000 daily - cnr 'Port Mouton' 2006 53299 dwt
dely Caofedian 25/26 November trip via Cebu redel Teneriffe $53000 daily -
Oldendorff 'Madonna 3' 2007 53000 dwt dely Illigan spot trip via Indonesia
redel Pakistan $65000 daily - Shadab 'Christos' 1983 41502 dwt dely Tartous
28 Nov/5 Dec 2 laden legs redel Atlantic $52000 daily - Oldendorff 'Sea
Mild' 1985 38888 dwt dely Mumbai 25/29 November trip redel China $35000
daily - Uniwell 'Giorgis Milas' 1984 37725 dwt dely Egypt Med 1/5 Dec 2/3
laden legs redel Atlantic $45000 daily - Custodia 'Split' 1982 28000 dwt
dely Constanza 26 Nov/2 Dec trip redel USGulf $27000 daily - cnr

ORE
'Mineral Kyoto' 2004 160000/10 Dampier/Qingdao 10/20 Dec $35.50 fio
scale/25000sc - Rio Tinto