DRY VOYAGE FIXTURES - 29 August 2008

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=========    COAL                  =======
STAR BETA 1993                        160000/10       COAL
RICHARDS BAY TO ROTTERDAM, 23 SEPT/2 OCT
$37.00 FIO SCALE/25000SC                            BHP BILLITON
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TBN                                   60,000T         COAL
MOBILE TO SWINOUJSCIE, 11-29 SEP
$48 FIO 20,000SC BENDS 12 HOURS TT BENDS            COBELFRET
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NAVIGATOR II 1998                                     COAL
RPTD 8/28: THIS SHIP FIXED TO COBELFRET
=========    ORE                   =======
CAPE MED 2006                         160000/10       ORE
TUBARAO TO QINGDAO, 20/30 SEPT
$68.00 SCALE/25000SC                                STX PAN OCEAN
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IRONGATE 1982                         160000/10       ORE
SALDANHA BAY TO CHINA, 10/20 SEPT
$48.00 FIO SCALE/30000SC                            KUMBA
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TBN                                   160000/10       ORE
DAMPIER TO ROTTERDAM, 15/24 SEPT
$37.50 FIO SCALE/45000SC                            CTM
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C KOREANA 1990                        150000/10       ORE
PORT HEDLAND TO QINGDAO, 15/24 SEPT
$27.50 FIO SCALE/30000SC                            STX PAN OCEAN
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NCS TBN                               140,000T        ORE
NOUADHIBOU TO ROTTERDAM, 10-25 SEP
$20 FIO 5 DAYS SC                                   ROGESA