THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 04/12/2007

The Daily Fixtures Report - 04/12/2007
-------------------------

BDI 10285 UP 15
BCI 15405 DOWN 17
BPI 10085 UP 29
BSI 6039 UP 24
BHSI 2967 UP 15

TIMECHARTER
'Mineral Noble' 2004 170649 dwt dely Rotterdam end Dec 12 months trading
redel worldwide $170000 daily - STX Pan Ocean 'Alpha Friendship' Cosbulk
relet 1996 161417 dwt dely Amsterdam 10/12 Dec trip via Bolivar redel
Denmark $168000 daily - Swiss Marine 'Coppersmith' SK relet 2005 149735 dwt
dely Nantong 15/17 Dec trip via Australia redel Singapore-Japan rge $164500
daily - Cargill 'ZOSCO Wenzhou' 1982 141014 dwt dely Zhangjiang 6/8 Dec
trip via West Australia redel China $155000 daily - Rio Tinto 'Prem Varsha'
2006 82273 dwt geared dely Yantai 5/7 Dec 4/6 months trading redel worldwide
$84500 daily - Bunge 'George' 1984 77078 dwt dely Brake 8/10 Dec trip via
Orinoco redel China $88000 daily - Transfield 'Fortune Ocean' STX Pan Ocean
relet 2006 76801 dwt dely Swinoujscie 8/10 Dec
3/4 months trading redel worldwide $88000 daily - Oldendorff 'Mulberry
Paris' Golden Ocean relet 2004 76492 dwt dely Worldwide Jan/Mar 2008
trading until Aug 2011 redel worldwide $51250 daily - Komrowski 'Mulberry
Wilton' Golden Ocean relet 2004 76453 dwt dely Worldwide Jan/Mar 2008
trading up to Dec 2011 redel worldwide $51250 daily - Komrowski 'Prabhu Das'
2005 76015 dwt dely Mumbai 7/12 Dec trip via WC India redel China $80000
daily - Chinese chrtr 'Red Seto' 2002 75966 dwt dely Lulea 6/12 Dec trip
via Kokkola redel UK $105000 daily - BHP Billiton 'Navios Cielo' 2003 75834
dwt dely Mariveles 4/6 months trading redel worldwide $82000 daily -
Norden 'North Prince' 1999 75542 dwt dely Mariveles 4/6 Dec trip via Weipa
redel China $87000 daily - North China Shipping 'Century Star' 2003 75318
dwt dely Koper 6/16 Dec 4/6 months trading redel worldwide $88500 daily -
CTP - 'Danae' 2001 75106 dwt dely Sual 6/12 Dec trip via Indonesia redel
India $85000 daily - Armada 'Riruccia' 1997 74002 dwt dely Worldwide
Feb/Mar 2008 11/13 months trading redel worldwide $71000 daily -
Constellation 'Genco Vigour' 1999 73941 dwt dely Cape Passero 8/9 Dec 2/3
laden legs redel Atlantic $87500 daily - Clipper
'Graecia Universalis' 2005 73902 dwt - read Cargill>
'Global F' STX Pan Ocean relet 1998 73729 dwt dely N.China 15/20 Dec
4/6
months trading redel worldwide $80500 daily - Oldendorff 'Coal Age' 1997
72824 dwt dely Yantai 8/10 Dec trip via Australia redel Japan $76500 daily
- NYK 'La Jolla' 1997 72126 dwt dely Qingdao 7/9 Dec trip via EC Australia
redel Singapore-Japan rge $76000 daily option redel India $78000 daily -
Morgan Stanley 'Bianco ID' 1998 70521 dwt dely Qingdao 9/11 Dec 3/5 months
trading redel worldwide $80000 daily - Bunge 'Deng Zhou Hai' 1995 69952 dwt
dely Toros 12/18 Dec trip via Black Sea redel Singapore-Japan rge int ore
$88250 - Aquavita 'Courage' 1984 66754 dwt dely Kaohsiung spot trip via
Indonesia redel Taiwan $52000 daily - Chokang 'Lioness C' 1983 66713 dwt
dely Shanghai spot/ppt trip via NoPac & Saudi Arabia redel Aden-PMO $64200
- JKI 'Joy Sea' 1990 66214 dwt dely Amsterdam spot trip via Kamsar redel
Aughinish $81000 daily - Oldendorff - 'Port Melbourne' 2005 53299 dwt dely
Mumbai 10/15 December trip redel China $70000 daily - Metchart 'Kang Hing'
2002 52828 dwt dely Changjiangkou 4/5 December 100/130 days trading redel
worldwide $64500 daily - Oldendorff - 03/12> 'Furness Australia' 2001 52489
dwt dely Lazero Cardenas 11/13 December trip via US West Coast redel India
$61500 daily + $630000 - Norden 'Globetrotter' 2001 48911 dwt dely Reunion
spot trip via South Africa redel China approx $70000 daily - Oldendorff
'Marylebone' 2001 48377 dwt dely Chennai 15/20 December trip redel China
$64000 daily - cnr 'Ondina' 96 47639 dwt dely Haldia 10/15 December trip
redel China $65000 daily
- Brownstone
'Scanda' 1990 40187 dwt dely Nacala prompt trip via South Africa redel
Continent/USGulf/Far East $48000 daily - IVS