6000 ATHENIAN SHIPBROKERS S.A. 4000files.irwebpage.com/reports/shipping/0E74iKuYnc/... · 2016. 3....
Transcript of 6000 ATHENIAN SHIPBROKERS S.A. 4000files.irwebpage.com/reports/shipping/0E74iKuYnc/... · 2016. 3....
ATHENIAN SHIPBROKERS S.A.
107-109, Vas. Pavlou Str., GR 166 73, Voula , Athens, Greece Tel: 210 9659700 - Fax: 210 8996040 Internet Mail [email protected]
www.atheniansa.gr
December 2010
Monthly Report
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Baltic Dry Index
PRICES TANKERS ($ MIO)
2005 2006 2007 2008 2009 Dec-10
VLCC 5Y 117 117,2 136 155,8 78 85.2
VLCC 10Y 90 95,8 114,5 131 59,5 59.8
SUEZMAX 5Y 75,3 81 95,5 106 57 58.9
AFRAMAX 5Y 63 65,3 70 76,8 40,5 41.2
AFRAMAX10Y 53,9 51,8 60 64,7 23,5 28.1
PANAMAX5Y 48,1 55,5 60,4 61 35,5 38.8
45K 5Y D/H 46,8 47,3 53 52,7 23,5 26.8
45K 10Y D/H 38 38,9 44,7 43,2 16 18.4
45K 20Y 10,1 13,2 12,8 16 4 7.2
PRICES BULKERS ($ MIO)
2005 2006 2007 2008 2009 Dec-10
CAPESIZE 5Y 56,8 81,2 148 45,5 54,5 52
CAPESIZE 10Y 38,2 61,8 103 30 45 37.9
CAPESIZE 15Y 28,2 43 88,5 21 28 22.8
CAPESIZE 20Y 18,5 21,3 60 79 16,5 14
PANAMAX 5Y 29,4 45,4 89 25,5 35 35.8
PANAMAX 10Y 23,8 37 71,5 19 27,5 29.1
PANAMAX 15Y 18,5 27,7 61 12,5 22 21.6
PANAMAX 20Y 10,6 16,1 44 9,2 12 14
SUPRAMAX 5Y 25,4 40 74,5 24 27,5 29.8
HANDYMAX10Y 20,7 32 60,5 18,2 22 24.6
HANDYMAX15Y 16,5 22,1 46 13 17,5 19.4
HANDYMAX20Y 10,1 15,4 36 7,4 11 12
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*Excluding demolition sales
Sale and Purchase Market - Second Hand units
Ship Type Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Total
BULK 31 32 52 53 73 33 274 TANK 22 23 21 29 40 30 165 GAS 1 1 0 2 11 4 19 CONT 14 3 18 12 13 10 70 TWEEN 1 3 6 0 4 0 14 REEF 1 1 0 1 1 1 5 RORO 3 2 2 0 5 7 19 FERRY 1 1 3 1 3 6 15 CRUISE 0 1 0 0 0 1 2
Total 74 67 102 98 150 92 583
145
31
127
36
0
40
80
120
160
THIS MONTH - PREVIOUS MONTH
S&P Activity - Tankers(<5,000 Dwt)
AVAILABLE FOR SALE
REPORTED SOLD
PREVIOUS MONTH AV/BLE
PREVIOUS MONTH SALES
367
33
371
73
0
100
200
300
400
500
600
THIS MONTH - PREVIOUS MONTH
S&P Activity Dry(<5,000 Dwt)
AVAILABLE FOR SALE
REPORTED SOLD
PREVIOUS MONTH AV/BLE FOR SALE"
PREVIOUS MONTH SALES
Second Hand Tonnage Market
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TANKER SALES
895
770
644
826
609
776
400
500
600
700
800
900
1000
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49
WEEK NO
Baltic Clean Tanker - Yearly
2010
1195
882
1110
799
689
1019
550
650
750
850
950
1050
1150
1250
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49
WEEK NO
Baltic Dirty Tanker - Yearly
2010
796
807
777
650
700
750
800
850
01/12/2010 08/12/2010 15/12/2010 22/12/2010
Baltic Clean Tanker - Monthly
978
10361029
1079
800
850
900
950
1000
1050
1100
01/12/2010 08/12/2010 15/12/2010 22/12/2010
Baltic Dirty Tanker - Monthly
NAME DWT BLT PRICE $ BUYER
PLEVNE 6937 2005 TURKEY DH 12 MIO TURKISH
EBONY 12152 1986 JAPAN DB 2.4 MIO UNDISCLOSED (ASIS DURBAN)
VEGA SPIRIT 22820 2001 JAPAN DH 12.5 MIO SCANDINAVIAN
ARAEVO 28610 1991 USR DH * ENBLOC BSS▼
ATORA 28610 1991 USR DH 12 MIO GREAT EASTERN, INDIA
ISOLA VERDE 36457 1994 ITALY DH 10.5 MIO INDONESIAN
PAYAL 37159 2007 KOREA DH 27.5 MIO NORDEN, DENMARK (DELY 1Q 2011)
GULF MISHREF 44000 2010 KOREA DH 42 MIO ORDFJELL, NORWAY
GULF MIZHAR 44000 2010 KOREA DH 42 MIO ORDFJELL, NORWAY
ALAM BITARA 45513 1999 KOREA DH 18 MIO INDONESIAN
LYRA PIONEER 45985 2003 JAPAN DH 21.3 MIO CYPRUS MARITIME, GREECE
NORTHERN DAWN 47994 2003 JAPAN DH 19.5 MIO DUBAI BASED
GUI HE 59645 1980 GR BRITAIN 4.8 MIO DIGANG DILI, CHINA
CLELIAMAR 68623 1993 CHINA DH 14.5 MIO GREEK
CE EXPRESS 69998 1990 JAPAN DH 7.45 MIO CHINESE FORMOSAPRODUCT COSMOS
70426 2005 JAPAN DH 31 MIO UNDISCLOSED
SUMMIT AUSTRALIA 73427 2009 CHINA DH 43.4 MIO NORWEGIAN (INCL 7YRS BB $13.000 PD)
DOMUS AUREA 107197 2003 JAPAN DH 32 MIO EASTERN MEDITERRANEAN, GR
JUANITA 126491 1988 KOREA DH 12 MIO UNDISCLOSED
SAMSUNG 1929 158000 2011 KOREA DH * ENBLOC BSS▼
SAMSUNG 1914 158000 2011 KOREA DH * ENBLOC BSS▼
SAMSUNG 1913 158000 2011 KOREA DH * ENBLOC BSS▼
SAMSUNG 1928 158000 2011 KOREA DH 280 MIO APOLLO TANKERS, USA
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TANKER SALES (Continue)
NAME DWT BLT PRICE $ BUYER
HYUNDAI ULSAN 2295 159000 2012 KOREA DH 65 MIO DYNACOM, GREECE
RUBY III 274990 1990 JAPAN DH 16.3 MIO WORLD CARRIERS, GREECE ASCONA 307151 1999 KOREA DH 55 MIO DHT MARITIME, USA
HYUNDAI ULSAN 2456 318000 2012 KOREA DH 108 MIO DYNACOM, GREECE HYUNDAI ULSAN 2457 318000 2012 KOREA DH 108 MIO DYNACOM, GREECE
GAS SALES
NAME DWT BLT CBM PRICE $ BUYER
BOUGAINVILLE 4867 2001 JAPAN 4931 12.5 MIO CHINA GAS, CHINA
2918938856
21605
3500
13500
23500
33500
43500
53500
63500
73500
Dec-09 Feb-10 Apr-10 Jun-10 Aug-10 Oct-10 Dec-10
$/D
ay
Spot Market - TankersVLCC
SUEZMAX
AFRAMAX
2600021000
15000
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
Dec-09 Feb-10 Apr-10 Jun-10 Aug-10 Oct-10 Dec-10
$/D
ay
Period Market - Tankers 1 Year T/C
VLCC
SUEZMAX
AFRAMAX
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BULKER SALES
NAME DWT BLT GEAR PRICE $ BUYER KINWA MARU 1485 1996 JAPAN 1.5 MIO UNDISCLOSED ATLANTICBORG 17356 2008 CHINA CR 3X40 22 MIO UNDISCLOSED
AL JABER 18 18297 1994 JAPAN CR 4X30.5 8 MIO GREEK (INCL 1 YR TC) ORGI 18609 1977 JAPAN CR 4X25 5 MIO SAUDI ARABIAN AROSA 20001 2002 KOREA CR 3X30 17 MIO UNDISCLOSED
SEVERINA 21274 2007 CHINA CR 3X25 * ENBLOC BSS▼ SALVADORA 21274 2007 CHINA CR 3X25 30 MIO GREEK
ACACIA N 23193 1978 JAPAN CR 3X25,D1X25 2.4 MIO DUBAI BASED ABDUL 23821 1985 JAPAN CR 3X25 6 MIO MIDDLE EASTERN ENFORCER 26388 1992 JAPAN CR 4X30.5 12.5 MIO UNDISCLOSED PHOENIX ISLAND 28665 1996 JAPAN CR 4X30 18 MIO VIETNAMESE DARYA TAAL 28892 1998 SINGAPORE CR 4X25 19 MIO FAREASTERN
PFS KESHAVA 31850 1980 FINLAND CR 4 X28, CR 1X12.5
4.15 MIO SYRIAN
AKTOR II 32312 2010 KOREA CR 4X30 * ENBLOC BSS▼
APOLLONAS 32401 2010 KOREA CR 4X30 65 MIO FAREASTERN
C. S. GREEN 32395 2003 JAPAN CR 4X30 23.5 MIO UNDISCLOSED GOLDMAR 39697 1984 JAPAN CR 4X25 7.5 MIO CHINESE ATTRACTIVE 41524 1985 JAPAN CR 4X25 9.5 MIO UNDISCLOSED SUN ENTERPRISE 42208 1984 JAPAN CR 4X25 7.5 MIO UNDISCLOSED SILKY OCEAN 45665 1995 JAPAN CR 4X25 20 MIO UNDISCLOSED GRAND GLORY 48437 2001 JAPAN CR 4X30 25 MIO ASIAN
816
825835
836
780
790
800
810
820
830
840
850
01/12/2010 08/12/2010 15/12/2010 22/12/2010
Baltic Handysize
2
1610
1678
16131582
1400
1450
1500
1550
1600
1650
1700
01/12/2010 08/12/2010 15/12/2010 22/12/2010
Baltic Supramax
2
23862289
2037
1500
1600
1700
1800
1900
2000
2100
2200
2300
2400
2500
01/12/2010 08/12/2010 15/12/2010 22/12/2010
Baltic Panamax
4
2987
2731 2723
2671
2000
2200
2400
2600
2800
3000
3200
3400
01/12/2010 08/12/2010 15/12/2010 22/12/2010
Baltic Capesize
44 4438
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BULKER SALES
NAME DWT BLT GEAR PRICE $ BUYER
WESTERN OSLO 56548 2008 JAPAN CR 4X35 38 MIO S. KOREAN (INCL 4 YRS TC
AT USD 18550 PD) PRIMERA 72495 1998 JAPAN 26.8 MIO CHINESE
COAL AGE 72861 1997 KOREA GLESS 26.3 MIO UNDISCLOSED (INCL 50
MOS BB AT $19950 PD + 12 MOS AT $ 12.000 PD)
MARITIME DIGNITY 73350 1993 JAPAN CR 2X30 20.35MIO CHINESE
JINHAI RESALE 79600 2011 CHINA * ENBLOC BSS▼
JINHAI RESALE 79600 2011 CHINA 72 MIO ZODIAC MARITIME, ISRAEL (INCL 5YRS TCB)
HYUNDAI MIPO 6061 82000 2011 KOREA 42 MIO GREEK FORMOSABULK ENERGY 170089 2002 JAPAN 44 MIO FAREASTERN GOLDEN CHANGI 170500 2011 KOREA 61 MIO S. KOREAN DAEHAN HAENAM 1046 180000 2011 KOREA 62.8 MIO CHINESE DAEHAN HAENAM 1047 180000 2011 KOREA 62.8 MIO CHINESE
CONTAINER SALES
NAME DWT BLT GEAR TEU PRICE $ BUYER
MAGLEBY 60350 1990 DENMARK 4437 * ENBLOC BSS▼
MAJESTIC MAERSK 60639 1990 DENMARK 4437 * ENBLOC BSS▼
MARIE MAERSK 60350 1990 DENMARK 4437 - MSC
NORDLAKE 22450 1994 POLAND CR 3X45 1684 10 MIO ORIENT EXPRESS
EURUS OSLO 34380 1989 GERMANY CR 3X40 2097 5.7 MIO UNDISCLOSED (FOR
CONVERSION)
EURUS OTTAWA 34380 1989 GERMANY CR 3X40 2097 5.7 MIO UNDISCLOSED (FOR
CONVERSION)
SCIO SUN 26288 1990 GERMANY GLESS 1752 6 MIO GREEK
ZAGORA 14100 1995 POLAND CR3X40 1162 8.3 MIO GREEK
ANL GOROKA 8672 2000 GERMANY CR 2X40 698 7.5 MIO GREEK
REEF SALES
NAME DWT BLT CBTF PRICE $ BUYER
SPICA 7000 1991 JAPAN 270689 3.4 MIO TAIWENESE
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RORO SALES
NAME GT BLT LM/CARS PAX PRICE $ BUYER FLYING DOLPHIN ZEUS 142 1979 USR 116 29.5 MIO UNDISCLOSED
PANORAMA 5330 1987 GERMANY 150CARS 700 - UNDISCLOSED
AZZURRA 5191 1964 GERMANY 185CARS 1000 - FERGUN SHIPPING, TRK
ENVOY 18653 1979 JAPAN 1850 LM 220 - BOLUDA GROUP, SPAIN
SUPERFERRY II 8798 1974 BELGIUM 504 LM 2000 6 MIO GOLDEN STAR FERRIES
BILBAO 37583 1986 FINLAND 600CARS 2553 37.7 MIO ST. PETER LINE, RUSSIA
OCEANIC II 28891 1966 GR.BRITAIN - 1104 - UNDISCLOSED
STRAIT OF DOVER 32645 2010 S.KOREA 300CARS * ENBLOC BSS▼
HYUNDAI MIPO 8049 48000 2010 S.KOREA 300CARS 86.9 MIO HONG KONG BASED
SEABOARD EXPRESS 17828 1980 FRANCE 2167LM 8 - UNDISCLOSED
MED VISION 6704 1981 SWEDEN 1105LM 2 MIO SYRIAN
HIBERNIA SEAWAYS 5700 1996 JAPAN 12 * ENBLOC BSS▼
SCOTIA SEAWAYS 5928 1996 JAPAN 1700LM 12 - UNDISCLOSED
SCAN BRASIL 8800 2003 GERMANY 12.5 MIO GERMAN (AUCTION SALE)
17128
10612
14782
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
Dec-09 Feb-10 Apr-10 Jun-10 Aug-10 Oct-10 Dec-10
$/D
ay
Spot Market - BulkersCAPESIZE
PANAMAX
HANDYMAX
24250
16750
14500
0
5000
10000
15000
20000
25000
30000
35000
40000
Dec-09 Feb-10 Apr-10 Jun-10 Aug-10 Oct-10 Dec-10
$/D
ay
Period Market - Bulkers 1 Year T/CCAPESIZE
PANAMAX
HANDYMAX
44
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8
Dry Bulk Orderbook
Ship Type 2010 (deliv) 2010 2011 2012 2013 2014 2015+ Total
VLOC 18 6 42 40 13 1 0 102
Capesize 151 39 248 108 39 3 1 438
Small Cape 71 18 182 66 14 0 0 280
Panamax 84 54 277 281 74 10 0 696
Supramax 253 110 391 230 50 1 0 782
Handys 189 91 314 157 41 6 0 609
Total 766 318 1454 882 231 21 1 2907
Tanker Orderbook
Ship Type 2010 (deliv) 2010 2011 2012 2013 2014 2015+ Total
ULCC/VLCC 55 16 75 62 31 9 0 193
Suezmax 32 18 53 57 22 4 0 154
Aframax 63 13 79 49 11 3 0 155
Panamax 29 6 41 17 10 2 0 76
MR 95 30 114 66 11 0 0 221
Handy 19 7 27 10 2 1 0 47
Total 293 90 389 261 87 19 0 846
LPG Tank Orderbook
Ship Type 2010 (deliv) 2010 2011 2012 2013 2014+ Total
VLGC 8 1 3 2 2 0 8
LGC 0 0 0 0 0 0 0
MR 5 0 6 2 0 0 8
Handy 9 2 8 9 10 1 30
Small 28 22 30 8 2 3 65
Total 50 25 47 21 14 4 111
36.5
0
20
40
60
80
100
120
140
160
Dec-08 Apr-09 Aug-09 Dec-09 Apr-10 Aug-10 Dec-10
$m
Tanker Prices VLCC Suezmax
Aframax MR
105.01
57
66.8
5
3
0
10
20
30
40
50
60
70
80
90
100
Dec-08 Apr-09 Aug-09 Dec-09 Apr-10 Aug-10 Dec-10$m
Bulker Prices Capesize Panamax
Handymax Handysize
57.0
34.5
31
26.5
New building Market and Reported Contracts
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398
80
203
931
191
926
179
7
120
0
100
200
300
400
500
600
700
800
900
1000
2008 2009 Dec-10
No
. of
Ve
ss
els
Newbuilding Sales Tankers >10,000 dwt
Bulkers >10,000 dwt
Containerships
60.5
24.1
15.66.2
19.8
0
10
20
30
40
50
60
70
30/12/2010
m. d
wt
Tanker Newbuildings on Order VLCC Suezmax
Aframax Panamax
Products130.1
75.2
45.6
27.2
0
20
40
60
80
100
120
140
30/12/2010
m. d
wt
Bulker Newbuildings on Order Capesize Panamax
Handymax Handysize
22.9
121.3131.2
9.7
59.557.9
0
20
40
60
80
100
120
140
Dec-10 2011 2012+
m. d
wt
Delivery Schedule Bulkers >10,000 dwt.
Tankers >10,000 dwt
Newbuilding Historical Prices ($m)
Tankers 2010 2009 2008 2007 2006 2005 2004 2003 2001 1995 1990 1988 1985
310,000 DWT1 104.8 97.5 150 145 130 120 108 77.1 69.9 85.3 87.4 70.1 238.2
170,000 DWT1 66.3 61 90 90 80 71.5 71 51.4 46.3 54 66.1 44.8 228.2
110,000 DWT1 56 49.5 74 72 65.5 58 60 41.4 36.3 43.3 53.2 235.2 218.1
47,000 DWT1 36.1 35 46.5 52 47 43 39 31.4 26.2 33.2 332.1
325.2
313.3
Bulkers
180,000 DWT1 57.2 55.5 87 96 67 58.5 64.5 48.2 35.8 42.3 60.2 42.1 29.3
73,000 DWT1 34.3 34.5 45.5 54 39.5 36 37 27.1 20.3 27.9 30 25.1 13.4
45,000 DWT 31.1 29 41 47.5 37 31 30 24.1 18.4 24.1 25.3 23.1 12.4
29,000 DWT 26.3 24.5 31 34 27.5 25.5 24 18.1 14.2 19.2 21.3 18.4 9.7
1 Before 2001 sizes to read 280,000 - 140,000 - 95,000 - 40,0000 respectively for tankers and 150,000 - 69,000 for Bulkers
2 Single Hull 3 30,000 DWT
(note: above is for vessels built Japan / Korea, you should also consider US$ / Yen relation for the years mentioned)
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10
The Shipbuilding Market
TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES Bulk 33800 Jiangsu Yangzijiang Aug-12 Hua Yang Bulk 33800 Jiangsu Yangzijiang Nov-12 Hua Yang Bulk 37000 Hyundai Vinashin 2012 Norden D/S A/S Bulk 37000 Hyundai Vinashin 2013 Norden D/S A/S Bulk 37000 Onomichi Dockyard Oct-12 Norden D/S A/S Bulk 37000 Onomichi Dockyard Mar-13 Norden D/S A/S Bulk 81000 Jinhai Heavy Ind. 2012 Ofer (Ships Holdgs) Bulk 81000 Jinhai Heavy Ind. 2012 Ofer (Ships Holdgs) Bulk 81000 Jinhai Heavy Ind. 2013 Ofer (Ships Holdgs) Bulk 81000 Jinhai Heavy Ind. 2013 Ofer (Ships Holdgs) Bulk 82000 Hantong Shipyard 2012 MPC Steamship Bulk 82000 Hantong Shipyard 2013 MPC Steamship Bulk 82000 COSCO Dalian Sep-12 Unknown Bulk 82000 COSCO Dalian Nov-12 Unknown Bulk 82000 COSCO Dalian Jan-13 Unknown Chinese Bulk 180000 Jinhai Heavy Ind. Aug-12 53 Mio Safe Bulkers Inc. Bulk 207000 Daehan S.B. Mar-12 63.5 Mio Colden Flame Shpg Bulk 207000 Daehan S.B. Apr-12 63.5 Mio Golden Flame Shpg.
Chem & Oil 8500 Marmara Tersanesi May-13 Yilmar Shipping Chem & Oil 8500 Marmara Tersanesi Oct-13 Yilmar Shipping Chem & Oil 12700 Marmara Tersanesi Jun-13 Yilmar Shipping
Cont 101000 Samsung H.I. Jun-12 CSAV 8000 Teu Cont 101000 Samsung H.I. Jul-12 CSAV 8000 Teu Cont 101000 Samsung H.I. Oct-12 CSAV 8000 Teu Cont 101000 Samsung H.I. Jan-13 CSAV 8000 Teu Cont 101000 Samsung H.I. Apr-13 CSAV 8000 Teu Cont 101000 Samsung H.I. Jul-13 CSAV 8000 Teu Cont 106000 Hudong Zhonghua Jan-14 OOCL 8888 Teu Cont 106000 Hudong Zhonghua Jan-14 OOCL 8888 Teu Cont 140500 Hyundai H.I. Jul-13 Hapag-Lloyd Cont. 13200 Teu Cont 140500 Hyundai H.I. Sep-13 Hapag-Lloyd Cont. 13200 Teu Cont 140500 Hyundai H.I. Nov-13 Hapag-Lloyd Cont. 13200 Teu Cont 140500 Hyundai H.I. Jan-14 Hapag-Lloyd Cont. 13200 Teu MPP 7850 Dingheng Jiangsu 2012 Unknown Iraqi Owner 300 Teu
Open Hatch 55000 Oshima S.B. Co. 2012 Saga Shipholding Open Hatch 55000 Oshima S.B. Co. 2013 Saga Shipholding Open Hatch 55000 Daewoo Oct-12 Saga Shipholding Open Hatch 55000 Daewoo Jan-13 Saga Shipholding Open Hatch 55000 Daewoo Apr-13 Saga Shipholding Open Hatch 55000 Daewoo Jul-13 Saga Shipholding Open Hatch 55000 Daewoo Oct-13 Saga Shipholding Open Hatch 57000 STX Shipbuild. Jul-12 STX Pan Ocean Open Hatch 57000 STX Shipbuild. Oct-12 STX Pan Ocean Open Hatch 57000 STX Shipbuild. Jan-13 STX Pan Ocean Open Hatch 57000 STX Shipbuild. Apr-13 STX Pan Ocean Open Hatch 57000 STX Shipbuild. Jul-13 STX Pan Ocean Open Hatch 57000 STX Shipbuild. Oct-13 STX Pan Ocean Open Hatch 57000 STX Shipbuild. Jan-14 STX Pan Ocean
Ore 250000 Hyundai H.I. Sep-12 SK Shipping Co. Ltd. Pass/Car F. Tongfang Jiangxin 2012 Chinese Govt. Pass/Car F. Tongfang Jiangxin 2012 Chinese Govt. Products 6000 Guangzhou S.Y. Int. 2012 China Shpg. Tankers Products 48000 Guangzhou S.Y. Int. Jul-12 China Shpg. Tankers Products 48000 Guangzhou S.Y. Int. Aug-12 China Shpg. Tankers Products 48000 Guangzhou S.Y. Int. Sep-12 China Shpg. Tankers Products 48000 Guangzhou S.Y. Int. Oct-12 China Shpg. Tankers
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11
Demolition Market
Demolition historical average prices
380 378413 440
383 387 415 425 432 437 448 465
180230280330380430480530580630680730780830880
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
$
Tankers 2007 20082009 2010
350 355393 411
337 357 380 393 402 410 423 437
180230280330380430480530580630680730
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
$
Bulkers2007 2008
2009 2010
Demolition Prices
Gen Cargo Tanker
India USD 445 /lt Ldt USD 475/lt Ldt
Bangladesh N/A N/A
Pakistan USD 440 /lt Ldt USD 475/lt Ldt
China USD 425 /lt Ldt USD 445/lt Ldt
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India
Bangladesh
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS TANK HAVILDARABDULHAMID 67153 1985 11002 400
TANK AEGIALI 254601 1987 34858 464
13.427
28.6526.9
3825.6
14.54.9
2.354.6
3.815.9
16.718.9
15.518
15.625
30.522.4
28.428.5
2710
5.56.5
512
28.925.7
0 5 10 15 20 25 30 35 40
198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010
Million dwt
Ye
ar
Total Demolition
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK CABOT ORIENT 4485 1984 1666 400 BULK MED GLORY 9354 1977 3829 466 BULK ANATOLIA 26003 1982 7507 427 BULK FEDON 38250 1980 9425 470 TWEEN FLORA S 17349 1980 6113 468 REEF SPRING TIGER 10110 1984 7206 462 REEF IGNALINA 11871 1983 7240 455 TANK VIKSTRAUM 8693 1981 3430 782 Incl apprx 290t St.St. TANK WASET 12705 1985 3792 472 TANK PROMISE 106680 1991 19637 Asis Fujairah
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China
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK KAPITAN KIRIY 14204 1974 5439 410
BULK JIN SE DA DI 50826 1976 9000 450
BULK OCEAN BEAUTY 64059 1982 12310 400
BULK ARIMA 138655 1981 20106 448
BULK ETERNAL BRIGHT 139806 1981 20784 448
TANK PYLAROS 75590 1983 17072 455 Asis Hong Kong
Pakistan
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS TANK CUSTOM 4990 1981 2675 462
TANK JAG PRAGATI 28280 1985 7401 455
TANK JOHAR 86803 1985 15463 480
TANK AL MUBARAKAH 88726 1981 15514 500
TANK MAXUS WIDURI 323094 1974 56000 385 No m/e, no gens
TWEEN BOLAN 18145 1980 5635 448
Other
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK FROTAMERICA 34700 1979 9103 162 Asis Rio
TANK CARIBBEAN PEARL 9307 1983 3406 300
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
14
GBP CAD EUR JPY CHF USD
AUD
GBP 1 0.6435 0.8521 0.007829 0.6746 0.6486 0.6505
CAD 1.5547 1 1.3245 0.01217 1.0487 1.0082 1.0112
EUR 1.174 0.7554 1 0.009189 0.7919 0.7613 0.7636
JPY 127.783 82.2205 108.851 1 86.1917 82.8643 83.1046
CHF 1.4829 0.9542 1.2633 0.011608 1 0.9617 0.9646
USD 1.5421 0.9922 1.3137 0.012071 1.0402 1 1.003
AUD
1.5379 0.9895 1.3102 0.012038 1.0374 0.9973 1
* Values 28/12/2010
80
85
90
95
100
105
110
115
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
01/01/10 01/03/10 01/05/10 01/07/10 01/09/10 01/11/10 01/01/11
CurrenciesUSD-EURO
USD-YEN
0
20
40
60
80
100
01/01/10 01/03/10 01/05/10 01/07/10 01/09/10 01/11/10 01/01/11
$/B
arr
el
Brent Oil
Market Indicators
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15
Stock Watch
NAME TICKER THIS
MONTH* LAST
MONTH CHANGE % 52w HIGH 52w LOW
NewLead Holdings NEWL 2.78 2.58 7.8 12.6 2.29
Capital Product Partners
CPLP 9.62 8.41 14.4 10.06 5.31
Diana Shipping DSX 12.08 13.49 -10.5 16.62 10.75
Dryships DRYS 5.53 5.17 7 6.95 3.28
Eagle Bulk EGLE 4.89 5 -2.2 6.08 3.91
Euroseas ESEA 3.52 3.87 -9 4.66 3.02
Excel Martime EXM 5.54 5.55 -0.2 7.68 4.59
Freeseas FREE 3.75 3.93 -4.6 7.95 3.61
Genco Shipping&Trading
GNK 14.07 14.68 -4.2 26.49 14.02
General Maritime GMR 3.2 3.82 -16.2 8.82 3.02
Goldenport GPRT 119.25 120 -0.6 140 119.25
Navios NM 5.2 5.24 -0.8 7.55 4.38
Omega Navigation ONAV 1.43 1.28 11.7 3.5 1.03
Paragon PRGN 3.4 3.44 -1.2 5.17 3.36
Safe Bulkers SB 8.73 7.85 11.2 9.18 6.5
Star Bulk SBLK 2.67 2.87 -7 3.23 2.21
Stealthgas GASS 7.35 5.08 44.7 7.58 3.93
TEN TNP 10 9.82 1.8 18.34 8.96
TOP Ships TOPS 1.08 0.81 33.3 1.3 0.62
* 28/12/10 closing values
Disclaimer: Information and data that appear in this report have been obtained from various sources which are believed to be correct and reliable. However, Athenian Shipbrokers S.A. does not guarantee their accuracy or completeness and therefore cannot be held liable for any loss incurred as a result of reliance in any way whatsoever on the information contained herein.
Kind Regards,
Athenian Shipbrokers S.A.