THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 03/12/07

The Daily Fixtures Report - 03/12/2007
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BDI 10270 UP 60
BCI 15422 UP 65
BPI 10056 UP 89
BSI 6015 UP 27
BHSI 2952 UP 18

TIMECHARTER
'Alpha Era' Cosco Qingdao relet 2000 170387 dwt dely Qingdao 13/15 Dec trip
via West Australia redel China $180000 daily - Rio Tinto
'Luciana Della Gatta' 1990 122760 dwt - and the rate was said to
be $120000 daily>
'Spitha' relet 2005 75411 dwt dely Lanshan 16/17 Dec balance of period abt
3 months trading redel worldwide $77000 daily - CTP - 'Voge Prestige' 1996
75100 dwt dely Lumut 1/8 Dec trip via Indonesia redel Lumut $69000 daily -
Hanjin 'Pavian' ex Marilena D'Amato 2001 74500 dwt dely Tilbury 10/12 Dec
trip via St.Lawrence redel China $88000 dail - Noble 'Pearl Seas' Swiss
Marine relet 2006 74483 dwt dely Fos 1/8 Dec trip via Kamsar redel
Continent $85000 daily - Transfield 'Catalina' 2005 74432 dwt dely Cape
Passero ely Dec trip via US Gulf redel Skaw-Cape Passero $85500 daily -
Dreyfus 'Great Intelligence' 2000 74293 dwt dely Kakogawa 5/10 Dec trip
via NoPac & Jebel Ali redel PMO int grain $75000 daily - Noble 'Graecia
Universalis' 2005 73902 dwt dely Taiwan 5/7 Dec 2 laden legs redel
worldwide $80000 daily - cnr
'Rainkiss' 1996 69503 dwt - Augustea>
'Jupiter Applause' Baumarine relet 1997 69123 dwt dely Soma 7/8 Dec trip
via NoPac redel Indonesia $79000 daily - Noble 'First Endeavour' 1994 69111
dwt dely Haldia 7/12 Dec trip via EC India redel Singapore-Japan rge
$76000 daily - cnr 'Santos Success' 1984 66894 dwt dely Taichung 8/18 Dec
3/4 months trading redel worldwide $68000 daily - cnr 'Sweet Lady II' 1981
65593 dwt dely Chiwan 12/15 Dec trip redel Continent $60500 daily - cnr
'Chios Gem' 1985 65298 dwt dely Rizhao 17/25 Dec trip via N.China redel PG
int clinker $51400 daily - TNT (Transnational Trading, Dubai) 'Swift Falcon'
1983 64500 dwt dely Egypt 10/20 Dec 3/4 months trading redel worldwide
$62500 daily - Industrial Carriers 'Panormos Trader' 1983 63942 dwt dely
Piraeus ppt trip via EC South America redel Skaw-Cape Passero $58000 daily
option trip via PG redel Aden- PMO $63000 daily - Dreyfus 'Kang Hing' 2002
52828 dwt dely Changjiangkou 4/5 December 100/130 days trading redel
worldwide $50000 daily - Oldendorff - 'Gwendolen' 2004 50248 dwt dely
Malaysia 11/12 December trip via Indonesia redel China $72000 daily -
Tongli 'Xanadu' 2001 DBCN relet 50169 dwt dely Aden spot trip via Aqaba
redel east coast India $50000 daily - Wamopl - 'Ken Unity' 1999 48913 dwt
dely Kaoshiung 10/15 December trip via Indonesia redel East Coast India
$49650 daily - Eitzen 'Krateros' 1992 43595 dwt dely Chennai 9/15 December
trip redel China $57000 daily - Chinese charterer

ORE
'Ocean Comfort' Transfield relet 1992 150000/10 Dampier/Qingdao 10/20 Dec
$39.00 fio scale/30000sc - Rio Tinto 'TBN' 150000/10 Ponta Da
Madeira/Qingdao 1/15 Jan $92.00 fio scale/30000sc - Cetragpa

COAL
'MOSK TBN' 160000/10 Roberts Bank/Pohang and/or Kwangyang 25 Dec/8 Jan
$49.49
fio 50000sc/40000sc-50000sc - POSCO