MONTHLY REPORT Baltic Dry Index · gloria island 28401 2012 japan cr 4x30.7 10 mio order shipping...

ATHENIAN SHIPBROKERS S.A. 107107107107----109, Vas. 109, Vas. 109, Vas. 109, Vas. Pavlou Str., GR 166 73, Voula , Athens, GreecePavlou Str., GR 166 73, Voula , Athens, GreecePavlou Str., GR 166 73, Voula , Athens, GreecePavlou Str., GR 166 73, Voula , Athens, Greece

Tel: 210 9659700 Tel: 210 9659700 Tel: 210 9659700 Tel: 210 9659700 ---- Fax: 210 8996040 Fax: 210 8996040 Fax: 210 8996040 Fax: 210 8996040 Internet Mail: Internet Mail: Internet Mail: Internet Mail: athenianathenianathenianathenian(at)atheniansa(dot)(at)atheniansa(dot)(at)atheniansa(dot)(at)atheniansa(dot)grgrgrgr

www.atheniansa.grwww.atheniansa.grwww.atheniansa.grwww.atheniansa.gr

August 2018

M O N T H L Y R E P O R T

♦Prior 2017 76-78k dwt

0

500

1000

1500

2000

2500

Au

g-1

3

Oct

-13

De

c-1

3

Fe

b-1

4

Ap

r-1

4

Jun

-14

Au

g-1

4

Oct

-14

De

c-1

4

Fe

b-1

5

Ap

r-1

5

Jun

-15

Au

g-1

5

Oct

-15

De

c-1

5

Fe

b-1

6

Ap

r-1

6

Jun

-16

Au

g-1

6

Oct

-16

De

c-1

6

Fe

b-1

7

Ap

r-1

7

Jun

-17

Au

g-1

7

Oct

-17

De

c-1

7

Fe

b-1

8

Ap

r-1

8

Jun

-18

Au

g-1

8

Baltic Dry Index

PRICES TANKERS ($ MIO)

* Prices reflect Year’s End 2012* 2013* 2014* 2015* 2016* 2017* Aug-18

VLCC 5Y 56.0 55.8 77.1 80 60 64 64

VLCC 10Y 35.0 35.0 52.1 55 40 41 40.5

SUEZMAX 5Y 40.2 39.5 56.8 60 40 43.5 44

AFRAMAX 5Y 28.0 27.8 41.9 46 29 32 32

AFRAMAX10Y 16.3 16.3 26.8 31 18 20 20

PANAMAX5Y 24.3 24.3 33.4 35 28 29 30

47K 5Y D/H 23.0 23.3 23.8 28.9 22 26.8 26

45K 10Y D/H 15.5 15.7 15.2 19.6 15.5 17 15

45K 20Y 6.2 6.2 6.5 8.5 5.1 5.1 5

PRICES BULKERS ($ MIO)

* Prices reflect Year’s End 2012* 2013* 2014* 2015* 2016* 2017* Aug-18

CAPESIZE 5Y 32.0 43.9 39.5 25 24 33 37.3

CAPESIZE 10Y 20.5 31.0 27.8 13.6 15 20.5 26

CAPESIZE 15Y 12.7 18.2 16.3 8.5 8 13 16.5

CAPESIZE 20Y 9.3 10.1 9.0 5.6 5.5 7 8.5

KAMSARMAX 5Y 18.0 25.6 20.1 14 14 22.5 23

PANAMAX 10Y 12.5 17.9 14.6 8.5 8.5 14.5 15.5

PANAMAX 15Y 8.3 12.0 10.0 5 5.4 11 10

PANAMAX 20Y 5.4 7.5 5.4 3.6 3.6 6.5 6

SUPRAMAX 5Y 23.3 24.3 20.8 13.6 14 17.5 18

SUPRAMAX 10Y 13.0 17.4 13.8 8 9.5 13.5 14

HANDYMAX15Y 8.7 10.9 9.1 4.5 5.8 9.5 9

HANDYMAX20Y 6.3 6.4 6.2 3.5 2.8 6.5 6

www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.

2

S E C O N D H A N D S A L E S & C H A R T E R F I X T U R E T R E N D S

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

Pri

ce (

US

D M

io)

Monthly Tanker Market Trend

VLCC 5Y VLCC 10Y SMAX 5Y AMAX 5Y

AMAX 10Y PMAX 5Y 47K 5Y D/H 45K 10Y D/H

0

10000

20000

30000

40000

50000

60000

70000

Pri

ce (

US

D)

Monthly 1 Yr TC Rates

VLCC 1 Yr T/C SMAX 1 Yr T/C AMAX 1 Yr T/C

PMAX 1 Yr T/C MR 1 Yr T/C

0.0

10.0

20.0

30.0

40.0

50.0

60.0

Pri

ces

(US

D M

io)

Monthly Bulk Carrier Market Trend

CAPE 5Y CAPE 10Y CAPE 15Y

KMAX 5Y PMAX 10Y PMAX 15Y

SUPRA 5Y SUPRA 10Y HMAX 15Y

0

5000

10000

15000

20000

25000

30000

35000

Pri

ce (

US

D)

Monthly 1 Yr TC Rates

CAPE 1 Yr T/C PMAX 1 Yr T/C

SUPRA 1 Yr T/C HMAX 1 Yr T/C


3

S E C O N D H A N D T O N N A G E M A R K E T

*Excluding demolition sales

Sale and Purchase Market

Ship Type Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Total

BULK 45 39 63 43 43 35 268

TANK 17 20 38 19 26 15 135

GAS 7 1 2 1 11 2 24

CONT 15 16 11 26 6 3 77

TWEEN/MPP 1 0 0 4 4 0 9

REEF 0 0 0 0 0 0 0

RORO 0 0 0 0 0 0 0

FERRY 0 1 1 0 0 0 2

CRUISE 0 0 0 0 2 0 2

Total 85 77 115 93 92 55 517

27935

382

43

0

200

400

600

THIS MONTH - PREVIOUS MONTH

S&P Activity Dry(>5,000 Dwt)

AVAILABLE FOR SALE

REPORTED SOLD

PREVIOUS MONTH A/BLE FORSALEPREVIOUS MONTH SALES

175

15

242

24

0

100

200

300

THIS MONTH - PREVIOUS MONTH

S&P Activity Tankers(>5,000 Dwt)

AVAILABLE FOR SALE

REPORTED SOLD

PREVIOUS MONTH A/BLE FORSALEPREVIOUS MONTH SALES


4

TANKER SALES

NAME DWT BLT PRICE $ BUYER

NAIKAI MARU NO.25 5578 2005 JAPAN DH 4 MIO UNDISCLOSED

OANA 6474 2008 CHINA DH 2.8 MIO UNDISCLOSED (At auction)

SICHEM DUBAI 12936 2007 KOREA DH 9.2 MIO VIETNAMESE (Epoxy, SS/DD due Dec)

KY VENUS 13049 2010 KOREA DH 10 MIO SINGAPOREAN (At auction)

TORM FOX 37025 2005 KOREA DH 10.7 MIO FAR EASTERN (Region price)

MR NAUTILUS 43538 1998 CROATIA DH 4.8 MIO UNDISCLOSED

BETELGEUSE 45513 1999 KOREA DH 5.25 MIO ENBLOC BSS▼

SPICA 46168 1999 KOREA DH 5.25 MIO UNDISCLOSED (Price each)

EPIPHANY 47465 2002 CROATIA DH 8 MIO GREEK

BOX 50577 2009 KOREA DH 19.2 MIO UNDISCLOSED

MARE PACIFIC 68467 2001 JAPAN DH 6.5 MIO ENBLOC BSS▼

MARE ATLANTIC 68467 2001 JAPAN DH 6.5 MIO UNDISCLOSED (Price each)

PHOENIX LIGHT 105599 2009 KOREA DH 23.25 MIO GREAT EASTERN SHIPPING

GENER8 PERICLES 105674 2003 JAPAN DH 11 MIO GREEK

GENER8 ELEKTRA 106560 2002 JAPAN DH 10.2 MIO UNDISCLOSED

GAS SALES

NAME DWT BLT CBM PRICE $ BUYER

G.COMMANDER 49743 1995 JAPAN 76909 8.5 MIO UNDISCLOSED

GAS AL GURAIN 49880 1993 JAPAN 76893 8.7 MIO THAI

721

519

557

350

450

550

650

750

850

36 39 42 45 48 51 2 5 8 11 14 17 20 23 26 29 32 35

WEEK NO

Baltic Clean Tanker - Yearly

20182017

909

685

759

550

650

750

850

950

36 39 42 45 48 51 2 5 8 11 14 17 20 23 26 29 32 35

WEEK NO

Baltic Dirty Tanker - Yearly

20182017

478

492

481

450

460

470

480

490

500

510

01/08/2018 08/08/2018 15/08/2018 22/08/2018 29/08/2018

Baltic Clean Tanker - Monthly

749

753

794

600

650

700

750

800

850

01/08/2018 08/08/2018 15/08/2018 22/08/2018 29/08/2018

Baltic Dirty Tanker - Monthly


5

9805

13735

13470

0

10000

20000

30000

Aug-17 Oct-17 Dec-17 Feb-18 Apr-18 Jun-18 Aug-18

$/D

ay

Spot Market - Tankers

VLCC

SUEZMAX

AFRAMAX

19500

17000

14250

10000

15000

20000

25000

30000


$/D

ay

Period Market - Tankers 1 Year T/C

VLCC

SUEZMAX

AFRAMAX


6

BULKER SALES

NAME DWT BLT GEAR PRICE $ BUYER

JU RONG 985 5300 2008 CHINA GLESS RMB 8.92

MIO CHINESE (At auction)

HUA YUN 5 21955 2008 CHINA GLESS 5.83 MIO UNDISCLOSED (At auction)

VINALINES

FORTUNA 26369 1991 JAPAN CR 4X30.5 2.3 MIO UNDISCLOSED

FU XING 6 26667 1985 JAPAN CR 4X25 2.23 MIO UNDISCLOSED (At auction)

DI SHENG 27641 2010 CHINA CR 4X25 9.24 MIO HUAIAN FUHANG (At auction)

BRIGHT RAINBOW 28397 2013 JAPAN CR 4X30.5 12 MIO GREEK

GLORIA ISLAND 28401 2012 JAPAN CR 4X30.7 10 MIO ORDER SHIPPING

IVS SHIKRA 29664 2008 JAPAN CR 4X30.5 7.8 MIO GREEK

GLORIA ARC 33438 2013 JAPAN CR 4X30 15.3 MIO JAPANESE (Incl 1 year TC to NYK)

CLIPPER VALOUR 34790 2003 CHINA CR 4X30 6.2 MIO UNDISCLOSED

NEWCHANG 38800 2017 CHINA CR 4X30 18.9 MIO BERGE BULK

AVLEMON 42584 1997 CROATIA CR 4X30 3.2 MIO CHINESE (At auction)

OCEAN GLORY 45499 2000 JAPAN CR 4X30.5 6 MIO UNDISCLOSED

JIN CHENG 52961 2003 JAPAN CR 4X30 8.7 MIO ANHUI ZHONGLIAN

NAVIOS PRIMAVERA 53464 2007 JAPAN CR 4X30.5 10.5 MIO GREEK (Purchase option)

NAUTICAL

AVENTURIN 56778 2012 CHINA CR 4X30 13.55 MIO UNDISCLOSED (Tier II)

EM CRYSTAL 57353 2011 CHINA CR 4X30 12.2 MIO CHINESE

SAGAR JYOTI 58110 2011 CHINA CR 4X30 16.5 MIO PACIFIC BASIN

AQUAPRIDE 61465 2012 JAPAN CR 4X30.7 20 MIO SUISSE BULKERS

NORD CREST 61654 2011 JAPAN CR 4X30 19.65 MIO UNDISCLOSED

OCEAN BROADEN 63562 2013 CHINA CR 4X30 15.7 MIO UNDISCLOSED

GENCO SURPRISE 72495 1998 JAPAN GLESS 5.5 MIO CHINESE

541551

559

520

530

540

550

560

570

01/08/2018 10/08/2018 19/08/2018 28/08/2018

Baltic Handysize

1030

1062

1121

950

1000

1050

1100

1150

01/08/2018 10/08/2018 19/08/2018 28/08/2018

Baltic Supramax

1420

1506

1643

1200

1300

1400

1500

1600

1700

1800

01/08/2018 10/08/2018 19/08/2018 28/08/2018

Baltic Panamax

3654

3454

2826

2500

2700

2900

3100

3300

3500

3700

3900

01/08/2018 10/08/2018 19/08/2018 28/08/2018

Baltic Capesize


7

GLORY ROTTERDAM 74710 2001 CHINA GLESS 8.1 MIO UNDISCLOSED (CCS and MSA

approved)

ALKYON 74875 2001 JAPAN GLESS 9.7 MIO CHINESE

C DUNDAS 76000 2018 CHINA GLESS 7.3 MIO CHINESE (Incomplete hull)

OCEAN LIBRA 81504 2013 CHINA GLESS 17.5 MIO ENBLOC BSS▼

OCEAN VIRGO 81563 2012 CHINA GLESS 17.5 MIO ENBLOC BSS▼

OCEAN SCORPIO 81687 2013 CHINA GLESS 17.5 MIO CHINESE (Price each)

HAMPTON BAY 81508 2009 JAPAN GLESS 17.9 MIO UNDISCLOSED

NAVIOS SPHERA 84872 2016 JAPAN GLESS 29.3 MIO GREEK (Internal transaction)

TEN JIN MARU 98681 2011 CHINA GLESS 21 MIO UNDISCLOSED

ROYAL CHORALE 177544 2006 JAPAN GLESS 22.5 MIO GREEK

CPO OCEANIA 179701 2010 KOREA GLESS 27.2 MIO UNDISCLOSED

NAVIOS MARS 181259 2016 JAPAN GLESS 49.7 MIO GREEK (Internal transaction)

FIVE STARS FUJIAN 181383 2009 JAPAN GLESS 24.9 MIO UNDISCLOSED (At auction)

CONTAINER SALES

NAME DWT BLT GEAR TEU PRICE $ BUYER

ICE RUNNER 8137 2008 CHINA GLESS 698 3 MIO UNDISCLOSED

ALEXANDRA A 12099 2011 TURKEY CR 2X45 1022 * ENBLOC BSS▼

VERA A 12513 2011 TURKEY CR 2X45 1022 13.5 MIO ARKAS LINES (Total price)

20696

1386011439

0

5000

10000

15000

20000

25000

30000


$/D

ay

Spot Market - BulkersCAPESIZE

PANAMAX

HANDYMAX

21375

13125

13250

4100

6100

8100

10100

12100

14100

16100

18100

20100

22100

24100


$/D

ay

Period Market - Bulkers 1 Year T/CCAPESIZE

PANAMAX

SUPRAMAX


8

N E W B U I L D I N G M A R K E T A N D R E P O R T E D C O N T R A C T S

Ship Type 2018 2019 2020+ Total

Capesize 35 69 82 186

Panamax 34 107 74 215

Supra/Hmax 47 77 65 189

Handies 44 59 23 126

Total 160 312 244 716


ULCC/VLCC 23 58 29 110

Suezmax 18 19 13 50

Aframax 29 54 37 120

Panamax 7 15 21 43

MR+Small 76 169 57 302

Total 153 315 157 625


VLGC 4 23 12 39

LGC 0 0 0 0

MR 3 7 1 11

Handy 5 3 3 11

Small 4 2 0 6

Total 16 35 16 67

90

60

47.8

35.8

20

40

60

80

100

Aug-16 Dec-16 Apr-17 Aug-17 Dec-17 Apr-18 Aug-18

$m

Tanker Prices VLCC Suezmax

Aframax MR

48

28

26

24

10

15

20

25

30

35

40

45

50

Aug-16 Dec-16 Apr-17 Aug-17 Dec-17 Apr-18 Aug-18

$m

Bulker Prices Capesize Panamax

Supramax Handysize


9

79

250

218.5

47

248

115.5

80

104

136.8

0

100

200

300

2016 2017 Aug-18

No

. o

f V

ess

els

Newbuilding Sales Tankers

Bulkers

Containerships

16.1

33.2 31.8

16.9

34.6

19.1

0

5

10

15

20

25

30

35

40

Aug-18 2019 2020+

m. d

wt

Delivery Schedule Bulkers

Tankers

34.4

7.8

13.6

3

11

0

5

10

15

20

25

30

35

40

August 2018

m. d

wt

Tanker Newbuildings on Order VLCC Suezmax

Aframax Panamax

Products 47.5

17.6

11.7

4.3

0

5

10

15

20

25

30

35

40

45

50

August 2018

m. d

wt

Bulker Newbuildings on Order Capesize Panamax

Handymax Handysize

Newbuilding Historical Prices ($m)

Tankers Aug-18 2017 2016 2015 2014 2013 2012 2010 2008 2005 2000 1995 1990 1985

320,000 DWT1 90 81.5 84.5 93.7 97.3 93.8 93.2 104.8 150 120 76.5 85.3 87.4

2 38.2

170,000 DWT1 60 55 54.5 63 65.5 59.6 57.1 66.3 90 71.5 52.5 54 66.1

2 28.2

115,000 DWT1 47.8 44 44.5 52 53.6 52.2 48.5 56 74 58 41.5 43.3 53.2

2 18.1

47,000 DWT1 35.8 33.8 32.5 35.4 36.8 34.6 33.8 36.1 46.5 43 29.5 33.2

3 32.1

3 13.3

Bulkers

180,000 DWT1 48 44 42 46 54.2 53.6 45.7 57.2 87 58.5 40.5 42.3 60.2 29.3

81,000 DWT1 ♦

28 25.5 24.5 25.7 29 27.8 25.6 34.3 45.5 36 22.5 27.9 30 13.4

62,000 DWT♦ 26 24 22.3 24.1 27.2 26.5 23.7 31.1 41 31 20.5 24.1 25.3 12.4

35,000 DWT♦ 24 22 19.5 20.3 22.8 22.2 20.5 26.3 31 25.5 15 19.2 21.3 9.7

1 Before 2001 sizes to read 280,000 - 140,000 - 95,000 - 40,000 respectively for tankers and 150,000 - 69,000 for Bulkers

2 Single Hull

3 30,000

DWT ♦Prior 2017 to read 73 – 76k dwt, 45k dwt & 30k dwt

(note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)


10

The Shipbuilding Market

TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES

Accom. Unit Ulstein Ultsteinvik 2020 WINDEA Offshore

Bulk 82000 COSCO HI Yangzhou 2020 Hermes Marine Mgmt




Bulk 82000 COSCO HI Yangzhou 2021 Hermes Marine Mgmt Option




Bulk 12500 Wuhu Shipyard 2019 Zhuhai Port Shipping

Bulk 12500 Wuhu Shipyard 2019 Zhuhai Port Shipping

Bulk 63800 Nantong Xiangyu 2020 Doun Kisen

Bulk 63800 Nantong Xiangyu 2020 Doun Kisen

Bulk 64000 Wuhu Shipyard 2020 Ningbo Runhua

Bulk 63500 New Times SB 2020 Pan Ocean

Bulk 63500 New Times SB 2020 Pan Ocean

Bulk 63500 New Times SB 2020 Pan Ocean Option

Chem & Oil 50000 Hyundai Mipo 2019 SK Shipping

Chem & Oil 5500 Ningbo Xinle SB 2019 RMB 72.32 mio Xinyihai Chemical

Container 3200 VARD Brevik 2020 Yara International

Container 40000 CSBC (Kaohsiung) 2020 Yara International










Container 40000 CSBC (Kaohsiung) 2021 Yara International Option




Container 23500 Hyundai Mipo 2020 XT Shipping

Container 23500 Hyundai Mipo 2020 XT Shipping

Container 40000 CSBC (Kaohsiung) 2020 Yang Ming Marine






Container 40000 JMU Isogo Works 2020 Wan Hai Lines








Container 40000 JMU Isogo Works 2021 Wan Hai Lines Option




CS/BW Dredger

Shanghai Zhenhua 2021 Changjiang Waterway

L.N.G. 94200 Hyundai Samho HI 2020 Nippon Yusen Kaisha

L.N.G. 95000 Samsung HI 2020 186.60 mio Celsius Tankers

L.N.G. 95000 Samsung HI 2020 186.60 mio Celsius Tankers


11

L.N.G. 95000 Samsung HI 2021 Celsius Tankers Option

L.N.G. 95000 Samsung HI 2021 Celsius Tankers Option

L.N.G. 96000 Samsung HI 2020 182.30 mio GasLog

L.N.G. 96000 Samsung HI 2020 182.30 mio GasLog

L.N.G. 40000 Jiangnan SY Group 2021 Jovo Group

L.N.G. 40000 Jiangnan SY Group 2021 Jovo Group

Pass/Car.F Remontowa SB 2020 Norled A/S

Pass/Car.F Remontowa SB 2020 Norled A/S

Ro-Ro 15500 Jinling Shipyard 2021 DFDS

Tanker 115000 Daehan Shipbuilding 2020 Sinokor Merchant

Tanker 115000 Daehan Shipbuilding 2020 Sinokor Merchant

Tanker 115000 Daehan Shipbuilding 2020 Sinokor Merchant Option

Tanker 115000 Daehan Shipbuilding 2020 Sinokor Merchant Option

Tanker 114000 Daehan Shipbuilding 2020 Enesel SA

Tanker 114000 Daehan Shipbuilding 2020 Enesel SA

D E M O L I T I O N M A R K E T

Demolition Historical Data

445 450 455 450440 440 430 430

180

230

280

330

380

430

480

530

580

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

US

D/t

on

Price Tankers* 2015 2016

2017 2018

*India month's end prices

425 435 440 430 430 430410 415

180

230

280

330

380

430

480

530

580

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

US

D/t

on

Price Bulkers*2015 2016

2017 2018

*India month's end prices

Demolition Prices

Gen Cargo Tanker

India USD 415 /lt Ldt USD 430 /lt Ldt

Bangladesh USD 420 /lt Ldt USD 435 /lt Ldt

Pakistan USD 410 /lt Ldt USD 425 /lt Ldt

China USD 160 /lt Ldt USD 170 /lt Ldt


12

HISTORICAL DEMOLITION PRICES (*Indian Year’s End)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 CURR.

TANK 174 135 174 262 362 302 405 507 287 338 485 482 405 435 425 300 300 440 430

BULK 170 135 181 267 381 332 392 472 268 328 437 456 375 410 400 285 280 425 415

India

TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS

BULK FRIO ANTARCTIC 6514 1988 3250 422 Incl 130T bunkers

BULK LEVANT SUEZ 12274 1979 5105 431

RORO ASSTAR TRABZON 3388 1974 2255 422

TANK BAHAMAS SPIRIT 107261 1998 16616 420 Green recycling

Bangladesh


BULK CHUN SHING 5339 1996 2357 417

BULK ARKAIM 7 5753 1978 2337 400

BULK PERI 39990 1986 10210 417

BULK WINNING BROTHER 185777 1995 21529 447

CONT ESM CREMONA 12576 1992 5246 447

GAS WEST ENERGY 68122 1976 28600 440

China


N/A N/A N/A

25.6

14.5

4.9 2.354.6 3.8

15.916.7

18.915.5

1815.6

25

30.5

22.4

28.4 28.5 27

10 5.56.5 5

12

28.925.7

31.58

50.3

41.8

34.3

38.844.6

35.2

22.7

0

10

20

30

40

50

60M

illi

on

dw

tTotal Demolition (Dwt)

* Bss reported sales

0

100

200

300

400

500

600

US

D/t

on

Historical Demolition Prices (India Year's End)

TANKERS

BULKERS

Avg. Trend


13

Pakistan


N/A N/A N/A

Turkey


N/A N/A N/A

Other


BULK KAYU PITUH 69071 1995 9543 290 Basis ‘as is’ China

TANK FSO ABU 89920 1980 16415 250 Basis ‘as is’ Malaysia

TANK AL ANBARIAH 95628 1993 15933 445 Indian Sub Cont

TANK KARTIKA SEGARA 30747 1998 8510 365 Basis ‘as is’ Batam

TANK RUBY IV 281050 2000 38514 430 Basis ‘as is’ Colombo

H I S T O R I C A L B U N K E R P R I C E S

0

100

200

300

400

500

600

700

800

US

D/t

on

Bunkers Cost (380 cst)

Rotterdam

Fujairah

Houston

Average Trend

0

200

400

600

800

1000

1200

19

94

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

15

20

16

20

17

Au

g-1

8

US

D/t

on

Bunkers Cost (MGO)

Rotterdam

Fujairah

Houston

Average Trend


14

HISTORICAL BUNKER PRICES

Rotterdam Fujairah Houston

380 cst MGO 380 cst MGO 380 cst MGO

1993 67 150.5 70 202.5 71.1 160.6

1994 86 133.2 80.9 182.6 80.8 148.8

1995 97 140.6 94.6 175.8 93.2 148

1996 107 175.1 104.4 207.5 105.8 186

1997 92 155.4 99.3 205.6 97.3 179.9

1998 66.5 112.2 69.2 152.2 67.2 136.9

1999 94 133 98.5 157.2 93.3 143.9

2000 139 231.6 155.3 263.5 136 255.7

2001 116 192.4 129.7 244.7 112.8 227.5

2002 135 188.2 145.9 222.8 134 196

2003 151 230.4 166.3 265.2 160.2 265.1

2004 154 313.4 176.7 359.3 167.3 328.7

2005 236 458.4 256.6 500.1 248.3 508.5

2006 195 524.1 310.9 631.8 303 562.3

2007 347 571.3 373.7 664.7 351.8 608.6

2008 469 850.7 509.4 1037.7 496.8 933.2

2009 355 490.6 372.8 657 360.7 525

2010 452 667.1 468.2 712.9 449.3 683

2011 548 848.6 587.5 897.5 542.1 862.4

2012 585 920 606 1005 610 1005

2013 585 920 620 1010 580 985

2014 310 570 350 880 315 695

2015 140 311 170 560 140 360

2016 307 472 340 546 310 525

2017 367 579 376 627.5 356 612

Aug-18 431.5 660 474.5 735 435 698

M A R K E T I N D I C A T O R S

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130

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0.80

1.00

1.20

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1.60

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USD

-JP

Y

USD

-EU

R

CurrenciesUSD-EUR

USD-JPY


15

GBP CAD EUR JPY CHF USD

AUD

GBP 1 0.5931 0.8973 0.069 0.7917 0.7682 0.5592

CAD 1.6721 1 1.5127 0.0116 1.3346 1.295 0.9428

EUR 1.1051 0.6609 1 0.0077 0.8822 0.856 0.6232

JPY 142.864 85.9989 130.116 1 114.8 111.389 81.0958

CHF 1.2626 0.749 1.1332 0.0087 1 0.9701 0.7062

USD 1.2844 0.7721 1.1681 0.009 1.0306 1 0.728

AUD 1.752 1.0603 1.6043 0.0123 1.4153 1.34734 1 * 30/08/2018 values

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60.00

80.00

100.00

120.00

140.00

160.00$

/Ba

rre

l

Brent Oil


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S T O C K W A T C H

NAME TICKER THIS MONTH* LAST MONTH CHANGE % 52w HIGH 52w LOW

Capital Product Partners CPLP 3.01 3.04 -1 3.70 2.98

Diana Shipping Inc. DSX 4.32 4.41 -2 5.16 3.07

Dryships Inc. DRYS 4.85 5.05 -4 6.90 1.84

Dynagas LNG Partners LP DLNG 9.06 8.90 1.8 14.41 7.51

Eagle Bulk Shipping Inc. EGLE 5.14 5.64 -8.9 6.14 4.18

Euroseas Ltd. ESEA 1.61 1.70 -5.3 2.73 1.42

Costamare Inc. CMRE 7.04 6.98 0.9 8.39 5.45

Navios Maritime Holdings NM 0.82 0.85 -3.5 1.90 0.68

GasLog Ltd. GLOG 16.85 17.00 -0.9 22.55 15.60

Safe Bulkers Inc. SB 2.86 3.45 -17.1 4.00 2.67

Star Bulk Carriers Corp. SBLK 12.88 13.37 -3.7 14.60 8.62

Stealthgas Inc. GASS 3.58 3.79 -5.5 4.70 3.00

TEN Inc. TNP 3.37 3.50 -3.7 4.86 3.11

TOP Ships Inc. TOPS 0.92 0.97 -5.2 35.50 0.69

Diana Containerships Inc. DCIX 1.30 1.56 -16.7 28.48 1.26

Danaos Corporation DAC 1.70 1.65 3 2.50 1.05

Aegean Marine Petroleum ANW 1.80 1.57 14.6 5.25 0.60 * 30/08/2018 closing values

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Disclaimer: Disclaimer: Disclaimer: 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,Kind Regards,Kind Regards,Kind Regards,

ATHENIAN SHIPBROKERS S.A.

MONTHLY REPORT Baltic Dry Index · gloria island 28401 2012 japan cr 4x30.7 10 mio order shipping...

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