THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 28/11/2007

The Daily Fixtures Report - 28/11/2007
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BDI 9922 UP 25
BCI 14755 UP 137
BPI 9670 UP 20
BSI 5946 DOWN 54
BHSI 2909 DOWN 18

TIMECHARTER
'Mineral Monaco' Transfield relet 2005 180363 dwt dely Xingang 30 Nov trip
via West Australia redel China $180000 daily - BHP Billiton 'Nord Steel'
2007 180237 dwt dely Shanghai 23/25 Nov trip via Australia redel China
$169500 daily - Constellation 'Lowlands Phoenix' 2004 177036 dwt dely
Dunkirk 15/17 Dec 2 laden legs redel Atlantic $170000 option if 2nd leg
redel Far East $195000 daily - Oldendorff -

'A.Duckling' 1992 175075 dwt dely China 27 Dec/4 Jan 2 laden legs redel
Singapore-Japan rge $142000 daily - BHP Billiton 'Heng Shan' 2006 175000 dwt
dely Far East January 2008 1 years trading redel worldwide $150000 daily -
cnr 'Ocean Crescent' 2007 174222 dwt dely retro Gijon 24 Nov transatlantic
round redel Skaw-Cape Passero $170000 daily - Hanjin 'Channel Alliance'
Shagang relet 1996 171978 dwt dely Rizhao 9/11 Dec trip via West Australia
redel China $166000 daily - BHP Billiton 'Thalassini NIki' 2005 170800 dwt
dely Kwangyang 7/9 Dec trip via West Australia redel China $169000 daily -
RTS 'Maritime Christine' 2004 76423 dwt dely psg Gibraltar 28/29 Nov trip
via USEC redel Continent $81000 daily - Constellation 'Navios Cielo' 2003
75289 dwt dely Mariveles 9/10 Dec 1 years trading redel worldwide $74000
daily - Chokang 'Giovanna Iuliano' 1997 75265 dwt dely Shekou 29/30 Nov
trip via EC Australia redel Japan $70000 daily - NYK 'Samjohn Amity' CTP
relet 1998 74761 dwt dely Gdansk 30 Nov trip via Murmansk redel UKC $85000
daily - Transfield 'Angelic Grace' 2001 74750 dwt dely Hamburg 4/6 Dec
trip via Baltic redel China int ferts $85000 daily - Panoceanic 'Banzai'
2002 74222 dwt dely Ghent 4/6 Dec trip via Rouen & PG redel PMO $89000
daily - Glencore 'Yong Feng' 2001 74131 dwt dely Shanghai 1/3 Dec trip via
NoPac redel Singapore-Japan rge $75000 daily - Sinotrans Vancouver 'Cos Joy'
2001 74073 dwt dely Hamburg 1/10 Dec trip via Continent & Saudi Arabia
redel Aden-PMO $88500 daily - Glencore 'Great Jade' 1997 73192 dwt dely
retro Cartagena 25 Nov trip via Seven Islands redel Ijmuiden $80000 daily -
Corus 'Island Globe' 1995 73119 dwt dely retro Cape Passero 23 Nov 2/3
laden legs redel worldwide approx $75000 daily - Dreyfus 'Hanjin New
Orleans' 1994 70337 dwt dely Haldia 27 Nov/3 Dec trip via EC India redel
China $70000 daily - Uniwell Nanjing 'Far Eastern Express' 1992 69310 dwt
dely PMO 5/10 Dec trip via Goa redel China $72000 daily - Brownstone 'Josco
Taizhou' 2005 55561 dwt dely Shanghai spot trip via China redel
Mediterranean $53000 daily - Refined Success 'Bi Kan' 2001 52068 dwt dely
Magdalla 30 Nov/5 Dec trip redel China $61000 daily - cnr 'Falcon' 2001
50296 dwt dely Fangcheng 3/5 December trip via Indonesia redel East Coast
India $50000 daily - Armada 'Glen Mooar' 1998 46570 dwt dely Cebu 28 Nov/2
Dec trip via Australia redel Cont approx $55000 daily - Oldendorff 'Ikan
Altamira' 1985 42489 dwt dely Karachi spot trip via South Africa redel
Pakistan $46000 daily - Shadab
'Steel Glory' 1984 39345 dwt dely retro Rotterdam 22 November trip
via USGulf
redel Med-cont $50000 daily - Bunge
'Bulk Pacific' 1981 39245 dwt dely Annaba 2/6 December trip via USGulf
redel Lebanon $51000 daily - Energy - 'Fesco Marina' 2004 33733 dwt dely
Paranagua 15/25 December trip via R.Plate redel South Africa $65000 daily -
Dreyfus

ORE
'STX Pan Ocean TBN' 190000/10 Port Hedland/Kwangyang and/or Pohang 5/14 Dec
$33.50 fio 95000sc/60000sc - POSCO

COAL
'Rubin Phoenix' 1997 150000/10 Richards Bay/Rotterdam 8/20 Dec approx $45.00
fio scale/25000sc - EdF
'C.Harmony' 1994 / - Cetragpa not RGL>