THE BALTIC DRY INDEX THE DAILY FIXTURES REPORT 19/12/07

The Daily Fixtures Report - 19/12/2007
-------------------------

BDI 9591 DOWN 160
BCI 14190 DOWN 262
BPI 8998 DOWN 211
BSI 5968 DOWN 54
BHSI 3010 DOWN 10

TIMECHARTER
'Magdalene' 1989 149530 dwt dely Immingham 8/10 Jan transatlantic round
redel Skaw-Cape Passero $121000 daily - Swiss Marine 'Medi Hong Kong' 2006
82790 dwt dely Oita 22/31 Dec trip via EC Australia redel Japan $69000
daily - MOSK 'Red Gardenia' CTP relet 2005 76294 dwt dely Goa 3/5 Jan trip
redel China $81000 daily - Brownstone 'Navios Esperanza' 2007 75356 dwt
dely Praia Mole 4/6 Jan trip redel Taiwan $84000 daily + $1.4 million bb -
China Steel Express
'Waikiki' STX Pan Ocean relet 1995 75339 dwt - fixed>
'Diamond Seas' 2001 74274 dwt dely Xiuyu 20/22 Dec trip via Weipa redel
Porto Vesme $60000 daily - Cargill 'Anastaia C' 2001 73311 dwt dely Kinuura
26/28 Dec 4/5 months trading redel worldwide $72000 daily - Cargill 'Ocean
Favour' 1998 72400 dwt dely Ijmuiden ely Jan trip via US Gulf & Egypt
redel Cape Passero $72500 daily - cnr 'Alescabalo' 1990 70402 dwt dely
Shekou 30 Dec/3 Jan 3/5 months trading redel worldwide $66000 daily - TMT
'SD Nova' 1996 70108 dwt dely Gijon 22/24 Dec balance of period 15
Apr/15 May
redel worldwide $80000 daily - TMT
'Thrasyvoulos V' 1984 68687 dwt dely Taiwan 27 Dec/3 Jan trip via
Indonesia redel EC India $62000 daily - STX Pan Ocean 'Silvergate' 1987
68158 dwt dely Fos in d/c 20/21 Dec trip via Kamsar redel Fos $76000 daily
- Baumarine 'Dignity T' 1984 63695 dwt geared/grabfitted dely PMO 26/28 Dec
trip via WC India redel China $68000 daily - Sealink 'Marjatta P' 2006 56023
dwt dely Shanghai 25/30 Dec trip redel north coast South America $49000
daily - ABS Breakbulk Service 'Ikan Salmon' 2003 53553 dwt dely Jubail
20/22 December balance of period until 24 April 2008 redel worldwide $66500
daily - Star 'Merlin' 2001 50296 dwt dely Shibushi spot trip via Nopac
redel India approx $52500 daily - PCL 'DS Commander' 1994 45518 dwt dely
Visakhaptnam 22/30 December trip via India redel Singapore-Japan $50000
daily - Uniwell 'Ioannis Theo' 1994 45320 dwt dely Visakhapatnam 22/31
December trip via India redel Singapore-Japan $50000 daily - Uniwell 'Magic
Fortis' 1985 42512 dwt dely Xingang 25/30 December 3/5 months trading
$45500 daily - Oldendorff 'North Star' 1985 42219 dwt dely Tema 18/23 Dec
trip via Argentina redel Cape Town - Mombasa range $56500 daily - Dreyfus
'Heron' 1984 37692 dwt dely Mississippi River 10/20 Jan trip via USGulf
redel Huelva approx $80000 daily - Energy 'George Lyras' 1984 35730 dwt
dely Ghent 22/28 Dec trip via UK redel east Med $52000 daily - EMR 'Ching
Ho' 1990 22256 dwt dely Gresik 26/29 Dec 2 laden legs redel Far East approx
$34000 daily - cnr

ORE
'Ina' 2003 160000/10 Dampier/Qingdao 7/14 Jan $35.50 fio scale/30000sc -
Constellation

COAL
'Pitsa D' 2002 160000/10 Richards Bay/Rotterdam 1/10 Jan $43.00 fio
scale/25000sc - Swiss Marine 'Hebei Dragon' 1990 150000/10 Richards
Bay/Rotterdam 15/30 Jan $43.25 fio scale/25000sc - Swiss Marine 'Coronis'
2006 70000/10 Prodeco/Fos 8/15 Jan $56.00 fio 15000sc/15000satpmsx -
Cetragpa

GRAIN
TBN 23000/10 SBM plts 54' Upriver/Poland 15/30 January $115.0 fio $
days/4000sc
- Dreyfus
'Dobrush' 23000/10 SBM Upriver/Egypt Mediterranean 25 Dec/5 Jan $116.00 fio
8000/4000 - Cargill - 'Peramos 1' 1980 USGulf/Algeria 1/10 January $80.00
fio 9000sx/8000sc - Dreyfus