Vessels under Voyage

Vessel Name

Load/Discharge Port

Position

Notes:

VOLGOBALT 238

Rostov-on-Don After Bridge Port, Russia.

One main Black Sea or Marmara Sea or Nemrut Bay Port of Turkey.

Vessel completed loading of her cargo at Rostov-on-Don AB Port on April 01, 2006 at 23:40 PM hrs LT RU.

Sailed from Rostov on April 02, 2006 at 15:00 hrs LT RU.

ETA Nemrut Bay Port, Turkey on April 08, 2006 WP, AGW.

Loaded 3004,834 MTS A3 Grade Steel Scrap.

B/L dd. 01.04.2006 No. 1

Load Port Inspectors:

ROS-INSPECTORATE, Russia

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Vessels under Loading / Discharge:

Vessel Name

Load/Discharge Port

Position

Notes:

ARAS - 9

Rostov-on-Don After Bridge Port, Russia.

One main Black Sea or Marmara Sea or Nemrut Bay Port of Turkey.

Started loading on April 03, 2006 at 01:50 AM hrs LT RU.

As by April 03, 2006 at 08:00 AM hrs LT RU, cargo quantity on board: 350 MTS.

ET Completion of Loading April 05, 2006 AM hrs LT RU, WP, AGW.

ETS Rostov-on-Don AB Port on April 05, 2006 WP, AGW.

Booked to Load: 2800,- MTS A3 Grade Steel Scrap.

Load Port Inspectors:

ROS-INSPECTORATE, Russia

SORMOVSKIY 116

Azov Port, Russia.

Re-Nominated Load Port on March 31, 2006: Rostov-on-Don After Bridge Port, Russia.

One main Black Sea or Marmara Sea or Nemrut Bay Port of Turkey.

Arrived Rostov on Don AB Port on April 01, 2006.

Started Loading April 02, 2006 at 02:30 AM hrs LT RU.

As by April 03, 2006 at 08:00 AM hrs LT RU, cargo quantity on board: 960 MTS.

ET Completion of Loading April 05, 2006 AM hrs LT RU, WP, AGW.

Booked to Load: 2650,- MTS A3 Grade Steel Scrap.

Load Port Inspectors:

ROS-INSPECTORATE, Russia

FRONT

Azov Port, Russia.

One main Black Sea or Marmara Sea or Nemrut Bay Port of Turkey.

Arrived Azov Port on April 01, 2006  at 22:00 PM hrs LT RU.

Started Loading April 02, 2006 at 11:30 AM hrs LT RU.

As by April 03, 2006 at 08:00 AM hrs LT RU, cargo quantity on board: 1450 MTS.

ET Completion of Loading April 04-05, 2006 WP, AGW.

Booked to Load 2650 MTS A3 Grade Steel Scrap.

Load Port Inspectors:

ROS-INSPECTORATE, Russia

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Vessel(s) Expected to Arrive Load Port(s) Under our Charter

Vessel Name

Load/Discharge Port

Position

Notes:

VOLGO-DON 5091

Yeisk [Direktoria] Port, Russia.

One main Marmara Sea or Nemrut Bay Port of Turkey.

ETA Yeisk [Direktoria] Port April 04, 2006 AM hrs LT RU, WP, AGW.

Booked to load Min. 3650 MTS A3 Grade Steel Scrap up to full and complete capacity of the vessel at draft allowance.

Load Port Inspectors:

ROS-INSPECTORATE, Russia

IGARKA

Novorossiysk Port, Black Sea - Russian Federation.

Porto Marghera, Adriatic Port, Italy

ET Completion of Discharging of PROJECT CARGO at Mariupol on April 03-04, 2006 WP, AGW.

ETA Novorossiysk Port on April 04, 2006 WP, AGW.

Booked to load 13000 MTS Steel Billets in size of 125 x 125 x 1100 mm in Grade 3 PS in Bundles of about 6 MTS each.

Booked to load 3000 MTS Wire Rods in Coils of 1200 to 1500 kgs.

Load Port Inspectors:

ROS-INSPECTORATE, Russia

ST. CLAIR

Rostov-on-Don After Bridge Port, Russia.

One main Black Sea or Marmara Sea or Nemrut Bay Port of Turkey.

Arrived with Steel Scrap Cargo from Haifa, Israel under her 3rd Party Charter to Elefsus, Greece Port.

ET Completion of Discharge and ETS April 04, 2006 AM hrs WP, AGW.

ETA Rostov-on-Don (AB) Port April 08, 2006 WP, AGW.

Booked to Loaded minimum 2700 MTS up to full and complete cargo capacity A3 Grade Steel Scrap.

C/P dd. 24.03.2006.

NAUTILUS

Substitution of Resul Rza

Rostov-on-Don After Bridge Port, Russia.

One main Black Sea or Marmara Sea or Nemrut Bay Port of Turkey.

ETA Poti Port, Georgia with Grain Cargo on board from her pervious 3rd Party Charter April 04, 2006.

ETA Rostov-on-Don (AB) Port April 07, 2006 WP, AGW.

Booked to Loaded minimum 2700 MTS up to full and complete cargo capacity A3 Grade Steel Scrap.

C/P dd. 17.03.2006.

KANOK NAREE

Contrecueur Port & Quebec Port, Canada.

One main Turkish Port.

Vessel is expected to complete discharging of her ALUMINA Cargo and sail from Iceland Port to Contrecueur Port as by April 07-08, 2006 WP, AGW.

Lay-Can Contrecueur Port, Ca-nada April 13-17, 2006.

ETA Contrecueur Port April 13-14, 2006 WP AGW.

Booked to Loaded minimum;

17000 MTS Shredded Scrap

from Contrecueur Port, Canada.

  4000 MTS Bonus Grade Scrap

  9000 MTS HMS-1 Scrap

from Quebec Port, Canada.

up to full and complete cargo capacity.

Load Port Inspectors:

INSPECTORATE, CANADA.