THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 13/11/2007

The Daily Fixtures Report - 13/11/2007
-------------------------

BDI 11039 UP 44
BCI 15949 UP 289
BPI 11221 DOWN 147
BSI 6802 DOWN 3
BHSI 3051 UP 6

TIMECHARTER
'C.Utopia' 2007 174000 dwt dely ex yrd Bohai 23/24 Nov 2 years trading
redel worldwide $165000 daily 1st year $120000 daily 2nd year - North China
Shipping 'Nord Tramp' relet 2001 171199 dwt dely Worldwide Apr/June 2008 5
years trading redel worldwide $75000 daily - Fortescue Metals Group -
report> 'Nord Tramp' Fortescue Metals Group relet 2001 171199 dwt dely
Worldwide Apr/June 2008 5 years trading redel worldwide $76650 daily - Glory
Wealth -

'Cape Oceania' 1994 152000 dwt dely Cape Passero 27/28 Nov transatlantic
round redel Skaw-Cape Passero $169000 daily - STX Pan Ocean 'Fernie' 1996
122792 dwt dely Kaohsiung 20/22 Nov trip via EC Australia redel Mailiao
$140000 daily - Cosbulk 'Pontovremon' 2001 76318 dwt dely Bourgas spot
trip via Black Sea redel Far East int ore $93000 daily - cnr 'Austin' Cosco
Hong Kong relet 1995 75473 dwt dely Zhanjiang spot trip via Weipa redel
China $70000 daily - Glory Wealth 'Richmond' 1995 75265 dwt dely Antwerp
21/25 Nov approx 10/11 months trading redel worldwide $80750 daily - Navios
- 'Willi Salamon' 2000 74005 dwt dely Gladstone 30 Nov/5 Dec trip redel
China $95000 daily + $1.3 mllion bb - BHP Billiton 'Flipper' Morgan Stanley
relet 1999 73726 dwt dely Cape Passero 12 Nov
2 laden
legs redel Atlantic $90000 daily - Cargill 'Great Prosperity' 1999 73679 dwt
dely Labuan 27/30 Nov trip via Indonesia redel Hong Kong $100000 daily -
BHP Billiton - 'Armonikos' 1984 61748 dwt dely Stade 12 Nov trip via US
Gulf & Egypt redel Cape Passero $67500 daily - Dreyfus 'Jin Quan' 2002 51104
dwt dely Algeria 20 November/2 December trip via USGulf redel
Singapore-Japan approx $70000 daily - cnr 'Progress 2' 1995 46641 dwt dely
Karachi spot trip via India redel Singapore-Japan approx $60000 daily -
Ikhlas - 'Osios David 2' 1982 23791 dwt dely Poti 13/20 November trip
redel USGulf $26000 daily - cnr

COAL
'SK Shipping TBN' 150000/10 Drummond option Bolivar/ARA 10/25 Dec $55.00 fio
50000sc/25000sc - BHP Billiton 'TBN' 150000/10 Abbot Point/Rotterdam &
Dunkirk east 5/15 Dec $64.00 fio
7 days
sc - Arcelor Mittal