WEEKLY SHIPPING

MARKET REPORT WEEK 10

- 5th March – to 9th March 2012 -

Legal Disclamer

The information contained herein has been obtained by various sources. Although every effort has been made to ensure that this information is accurate, complete and up to date, Shiptrade Services S.A. does not accept any responsibility whatsoever for any loss or damage occasioned or claimed, upon reliance on the information, opinions and analysis contained in this report.

Researched and compiled by: Shiptrade Services SA, Market Research on behalf of the Sale & Purchase, Dry Cargo Chartering and Tanker Chartering Departments. For any questions please contact: market-research@shiptrade.gr

Shiptrade Services SA Tel +30 210 4181814 snp@shiptrade.gr 1st Floor, 110/112 Notara Street Fax +30 210 4181142 chartering@shiptrade.gr 185 35 Piraeus, Greece www.shiptrade.gr tankerchartering@shiptrade.gr

1

Individual Cooperation Agreements on Asia-Europe Trades

Cosco, "K" Line, Yang Ming, Hanjin and Evergreen have agreed to initiate individual cooperative arrangements on Asia-Europe trades starting from April 2012 as announced last December. This cooperation between the four CKYH Lines and Evergreen Line is designed to offer customers best sailing frequency, transit time and service coverage so as to fulfill customers' needs. These bilateral arrangements will be implemented in 8 weekly services for Asia - North Europe and 4 for Asia - Mediterranean including direct services for Asia - Adriatic regions calling Rijeka, Koper and Trieste. Especially, weekly services for Asia - North Europe, which in fact, offer the highest frequency in the market, will also provide very attractive transit times from Asia to major European ports including Rotterdam, Hamburg and Felixstowe (i.e. 26-27 days from Shanghai/Ningbo and 23-24 days from Yantian). The majority of the fleet operated in these total twelve loops will be ranging from 8,000TEU to 13,000TEU size (K Line)

Chinese demand to support base metals in 2H: Deutsche Bank

Chinese demand to underpin industrial base metals in the second half of the year, said Deutsche Bank in a research note. According to the bank, these metals could face pressure in the near term due to such factors as high oil prices weighing on economic growth, a stronger U.S. dollar and lack of catalysts for further monetary accommodation. However, the bank remains positive on Chinese economic growth. Even though Chinese authorities recently lowered their target economic-growth rate for 2012, bank added. Deutsche Bank also said that its economist on China upped the forecast to 8.6% from 8.3% due to better-than-expected export growth, improved performance of small businesses

and less severe impact from a real-estate downturn than the market perception. Meanwhile, the bank added that, 2012 is likely to be a big year in terms of public-housing construction. “The government plans to start 7 million units and complete building 5 million units by the end of this year. In addition, the 10 million units started last year will continue construction this year,” bank concluded. (Commodity Online)

Pertamina Reissues Tender to Buy Crude Oil for Delivery in May

PT Pertamina, Indonesia’s state- owned oil company, reissued a tender for the third time to buy crude for delivery in May,

according to a document obtained by Bloomberg News. The tender will close on March 14, with offers valid until the

following day, the document showed. Pertamina first issued the tender on Feb. 20 and reissued it

twice. (Bloomberg)

Russia to Cut April ESPO Crude Exports to 12 Cargoes, Plan

Shows

Russia, the world’s largest oil producer, plans to export 12 cargoes of East Siberian Pacific Ocean pipeline, or ESPO, crude in April, one less than March, a loading schedule obtained by

Bloomberg News shows. A total of 1.2 million metric tons, equivalent to 293,200 barrels a day, of ESPO crude will be loaded from the port of Kozmino in Russia’s Far East near the city of Nakhodka in April,

according to the plan. Russia also plans to ship three cargoes of 100,000 tons each

of ESPO for loading on May 1 to May 6, the plan showed. Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan

their supply and trading activities. (Bloomberg)

Shipping , Commodities & Financial News

2

In Brief: Week brought some positive sentiment on the market and the BDI increased from 778 to 824.

Capes: Stability in a decreasing manner would describe this week for capes. Due to great number of open vessels, especially in Far East, the average TC routes went down by USD 193 over the week closing at USD 5,786 The Atlantic market was driven mainly by Canada and East Coast of USA that produced some cargoes to Far East. ECSA was slow during the week in spite the fact that owners kept ballasting their vessels at that direction. The transatlantic round fell even more at around USD 4,250 levels while the fronthaul trips kept the one dollar difference of USD 20.00 pmt of charterers to USD 21.00 that owners were asking. Pacific had more movement on cargoes with the majority been exported by the Australian iron ore majors. The Far East round was increased significantly compared to last week by USD 2,750. Period activity was low with few fixtures done and rates around USD 12,500 levels.

Panamax: Atlantic firming up whereas Pacific stabilizing at last week’s levels. In the Atlantic Basin, Black Sea seems waking up, at last, and has pulled ballasters to the East Med. As a result supply of tonnage at USG and Continent decreased and rates went upwards. ECSA steadily offers employment to balasters from Far East so the week closed with the T/A round at usd 5k levels and the fronthaul trips at usd 15k. At the Pacific Basin, the traffic from NOPAC and Australia was not enough to improve the rates so these kind of trips closed at usd 7000-7500 daily. Not much period activity but a 64 k dwt panamax got for 2/5 months usd 7,250 dlosp Mid China. For LME vessels the rates for 4/6 months closed at usd 10,000-10,500.

Supramax: Further recovery in the Atlantic. Steady Pacific.

In the Atlantic we saw many fresh petcoke and coal requirements from USG. Scrap traffic also is slightly increased from USG and USEC where as in the Continent only a few handymax stems were in the market. The rates from USEC were dramatically increased as we have been informed that a supramax got usd 11OOO aps USEC for a trip to the Med. Many grain charterers also entered the market during this week with supramax stems out of Missisipi with destination Far East. South East keeps the lead at the Fareast market with many fresh coal orders coming out and nickel ore charterers had to pay higher premium consequently. The rates for Indo/India closed around 12000 basis delivery South China and basis same delivery for Indo/China rounds the rates closed between 10000-11000.The NOPAC rounds seem stabilizing at levels between 10000-11000 and the period rates for 4/6 months basis worldwide redely closed at usd 12000-12500. Handysize: Week showed some positive sentiment especially to South East Asia The Atlantic remained at similar levels for another week with the transatlantic been done at USD 7,000. The lack of cargoes from ECSA, as sugar for example, and the oversupply of tonnage and ballasters from West Africa did not help to see better rates. USG picked up a notch but still USD 9,000 for trip to East Med is not what owners expected when decided to take extremely low rates, even zero hire during last weeks, to reposition their vessels there. On the fronthaul levels remained low at around USD 4,000 similar to last week. Pacific was much better with significant improvement, reflected on the round voyage which was done at USD 8,000 levels a notable increase of USD 1,500 more. Coal from Indonesia to China and Korea was in the spotlight with many orders been out that firmed up and fixed at numbers more than USD 9,000. The most problematic area once more was East Coast India with very few and low paying cargoes. Period activity was very slow as there was not much interest from owners although charterers went out asking for long period tonnage.

Dry Bulk - Chartering

3

Baltic Indices – Dry Market (*Friday’s closing values)

Index Week 10 Week 9 Change (%) BDI 824 771 6,87

BCI 1503 1516 -0,86

BPI 889 852 4,34

BSI 864 788 9,64

BHSI 469 448 4,69

T/C Rates (1 yr - $/day)

Type Size Week 10 Week 9 Change (%)

Capesize 160 / 175,000 12500 12000 4,17

Panamax 72 / 76,000 11500 11000 4,55

Supramax 52 / 57,000 12500 10500 19,05

Handysize 30 / 35,000 9250 9500 -2,63

Average Spot Rates

Type Size Route Week 10 Week 9 Change %

Capesize 160 / 175,000

Far East – ATL -8000 -8000 -

Cont/Med – Far East 20500 21200 -3,30

Far East RV 6250 3500 78,57

TransAtlantic RV 4250 4500 -5,56

Panamax 72 / 76,000

Far East – ATL 500 200 150,00

ATL / Far East 15000 14000 7,14

Pacific RV 8250 9000 -8,33

TransAtlantic RV 5000 4200 19,05

Supramax 52 / 57,000

Far East – ATL 5750 4800 19,79

ATL / Far East 12500 11750 6,38

Pacific RV 10700 9250 15,68

TransAtlantic RV 7750 5500 40,91

Handysize 30 / 35,000

Far East – ATL 4000 4000 0,00

ATL / Far East 13500 13000 3,85

Pacific RV 6250 7750 -19,35

TransAtlantic RV 7500 7500 0,00

Dry Bulk - Chartering

4

ANNUAL

JANUARY 2012 – MARCH 2012

Dry Bulk - Chartering

5

Dry Bulk - Chartering

Capesize Routes – Atlantic 2011 / 12

$0,00

$5.000,00

$10.000,00

$15.000,00

$20.000,00

$25.000,00

$30.000,00

$35.000,00

$40.000,00

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55

C2 TUB/ ROT

C4RBAY /ROTC7 BOL/ ROT

C8 T/ARV

AVGALL TC

Capesize Routes – Pacific 2011 / 12

$0,00

$10.000,00

$20.000,00

$30.000,00

$40.000,00

$50.000,00

$60.000,00

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55

C3 TUB /PRC

C5 WAUST /PRC

C9 CONT /FE

C10 FE R/V

Panamax Routes – Atlantic 2011 / 12

0

5000

10000

15000

20000

25000

30000

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55

P1A T/A RV

P2ACONT/FE

6

Dry Bulk - Chartering

Panamax Routes – Pacific 2011 /12

-$5.000,00

$0,00

$5.000,00

$10.000,00

$15.000,00

$20.000,00

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55

P3A FE R/V

P4 FE/CON

AVG ALL TC

Supramax Routes – Atlantic 2011 /12

0

5000

10000

15000

20000

25000

30000

35000

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55

S1A CON / FE

S1B BSEA / FE

S4A USG /CONT

S4B CONT /USG

S5 WAFR / FE

Supramax Routes – Pacific 2011 / 12

$0,00

$2.000,00

$4.000,00

$6.000,00

$8.000,00

$10.000,00

$12.000,00

$14.000,00

$16.000,00

$18.000,00

$20.000,00

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55

S2 FE R/V

S3 FE / CON

S6 FE / INDI

S7 ECI / CHI

AVG ALL TC

7

VLCC: For another week the majority of ex Middle East fixtures was bound for the Far East namely 27 out of the 31 whilst only 3

to the west. Eastbound rates posted further gains closing at WS 56. On the other hand on the AG – USG route there was also an

increase by the end of the week at WS 36. In the Atlantic market there were some 12 new fixtures reported. On the WAFT –

USG route activity was focused more on the Suezmax sector whilst rates concuding at WS 60. The WAFR – Far East route activity

was lower, however there was a slight increase in rates to WS 55.

Suezmax: There was an increased activity in the Atlantic Suezmax this week, where the WAFR – USAC route posted gains

concluding at WS 80. Due to the stronger VLCC market interest for Trans Atlantic cargoes is focused on Suezmaxes.

Aframax: The deep of the Aframax sector continued for another week mainly due to the oversupply of tonnages in the

benchmark CBS – USG route. As a result there was a decline in rates of about 7,5 worldscale points to WS 100.

Products: On the Panamax front, there was a increase in rates this week mainly due to weather delays is the USG which resulted

in a tighter position. The market concluded at WS 150. As MRs are concerned activity in the CBS – USAC route remained around

WS 155. For another week there was an increase in rates ex USG with rates posting a gain of 5 points on the USD – TA. Finally,

the European market remained at WS 165.

.

Baltic Indices – Wet Market (*Friday’s closing values)

Index Week 10 Week 9 Change (%)

BCTI 685 707 -3,11

BDTI 818 790 3,54

T/C Rates (1 yr - $/day)

Type Size Week 10 Week 9 Change (%)

VLCC 300.000 20000 20000 0,00

Suezmax 150.000 16000 16000 0,00

Aframax 105.000 13250 13250 0,00

Panamax 70.000 13500 13500 0,00

MR 47.000 14000 14000 0,00

Tanker - Chartering

Tanker - Chartering

8

Crude Tanker Average Spot Rates

Type Size (Dwt) Route Week 10 WS

Week 9 WS

Change %

VLCC

280,000 AG – USG 33 33 0,00

260,000 W.AFR – USG 57,5 57,5 0,00

260,000 AG – East / Japan 51 51 0,00

Suezmax 135,000 B.Sea – Med 72,5 80 -9,38

130,000 WAF – USAC 72,5 80 -9,38

Aframax

80,000 Med – Med 97,5 85 14,71

80,000 N. Sea – UKC 85 87,5 -2,86

80,000 AG – East 85 85 0,00

70,000 Caribs – USG 107,5 125 -14,00

Product Tanker Average Spot Rates

Type Size (Dwt) Route Week 10 WS

Week 9 WS

Change %

Clean

75,000 AG – Japan 85 85 0,00

55,000 AG – Japan 100 100 0,00

38,000 Caribs – USAC 155 160 -3,13

37,000 Cont – TA 167,5 190 -11,84

Dirty

55,000 Cont – TA 125 100 25,00

50,000 Caribs – USAC 140 145 -3,45

Tanker - Chartering

9

VLCC Trading Routes 2011 / 12

Suezmax Trading Routes 2011 / 12

Aframax Trading Routes 2011 / 12

Tanker - Chartering

Tanker - Chartering

10

Clean Trading Routes – 2011 / 12

Dirty Trading Routes – 2011 / 12

11

Activity Increases

There was an increased activity across all sectors in this week’s SNP market. Prices are continuing a downward trend with

the bottom remain to be reached. Nevertheless the BDI index continued an upward trend.

For a consecutive week Shiptrade’s enquiry index had an upward trend. In the dry sector there was a firm interest for

Handymaxes. In the tanker sector there was an increase for Aframaxes particularly for 90s built tonnages, which is also

attributed in recent sales. Nevertheless the MR sector dominated the field for another week.

Handysize M/V “Santa Pacifica” (28,520 DWT built in 2000 in Imabari, JPN) is reported sold for USD 10,8 Mill to Turkish

buyers.

In the tanker sector, Zinc coated Aframax M/T “Millennium Explorer” (102,741 DWT built in 1999 in JPN) is reported sold

for USD 10,8 Mill to Greek buyers.

Greek buyers are reported to have bought en bloc from Danish owners Torm two modern MR tankers. Ice classed M/T

“ Torm Laura” (53,160 DWT built in 2008 in Guangzhou, CHN)/ “Torm Lana” (52,941 DWT built in 2009 in Guangzhou, CHN)

are reported sold for USD 28 Mill each.

NEWBUILDNGS

In the newbuilding market, we have seen 6 vessels reported to have been contracted.

1 Bulk Carrier (Post Panamax)

1 Tanker (Suezmax)

4 Containers (1.100 TEU)

DEMOLITION

Bangladesh one more difficult week facing problems both for sellers and cash buyers. In India shows some signs of

improvement however the oversupply does not allow this to be realized. Pakistan market has concluded some deals after

having lost several candidates to India during the previous weeks. The Chinese market continued to impress with quite a

few deals being concluded.

Sale & Purchase

12

Indicative Market Values – ( 5 yrs old / Mill $ )

Bulk Carriers

Week 10 Week 9 Change %

Capesize 37 37 -

Panamax 24.5 24.5 -

Supramax 24 24 -

Handysize 19.5 19.5 -

Tankers

VLCC 58 58 -

Suezmax 44 44 -

Aframax 34.5 34.5 -

Panamax 33.5 33.5 -

MR 25 25 -

Weekly Purchase Enquiries

SHIPTRADE P/E WEEKLY INDEX

0

50

100

150

200

250

300

350

28/12

-3/120

11

4/1-10/1/2011

11/1-17/1/201

1

18/1-24/1/201

1

25-31/1/201

1

1-7/2/2010

8-14/2/2011

15-21/2/201

1

22-28/2/201

1

01-07/3/201

1

08-14/3/201

1

15-21/03/20

11

22-28/03/20

11

29/03

-4/4/201

1

5/4/-11/4/20

11

12-18/4/201

1

19-25/4/201

1

26/4-2/5/2011

3-9/5/2011

10-16/5/201

1

17-23/5/201

1

24-30/5/201

1

31/5-6/6/2011

7-13/6/2011

14-20/6/201

1

21-27/6/201

1

28/6-4/7/2011

5-11/7/2011

12-18/7/201

1

19-25/7/201

1

26/7-1/8/2011

2-8/8/2011

9-15/8/2011

16-21/8/201

1

22-29/8/201

1

30/8-05/9/201

1

06-12/9/201

1

13-19/9/201

1

20-26/9/201

1

27/9-3/10/201

1

4-10/10/201

1

11-17/10/20

11

18-24/10/20

11

25-31/10/20

11

1-7/11/2011

8-14/11/201

1

15-21/11/20

11

22-28/11/20

11

29/11

-5/12/20

11

6-12/12/201

1

13-19/12/20

11

20-26/12/20

11

27/12

/2011

-9/1/2012

10-16/1/201

2

17-23/1/201

2

24-30/1/201

2

31/1-6/2/2012

7-13/2/2012

14-20/02/20

12

21-27/02/20

12

28/2-5/03/201

2

6-12/03/201

2

Korea China Spore KCS

Greece Other Sum

Sale & Purchase

13

Reported Second-hand Sales

Bulk Carriers Name Dwt DoB Yard SS Engine Gear Price Buyer

Forest Creator (Woodchip carrier)

49.865 1996 Imabari, JPN 09/2016 Mit 3 X 15 T 7.3 mill Undisclosed

Kriton 42.007 1990 Oshima, JPN 03/2013 Sulzer 4 X 30 T 7.75 mill Undisclosed

Ocean ID 28.429 1994 Imabari, JPN 06/2014 B&W 4 X 30 T 7.8 mill Undisclosed

Santa Pacifica 28.520 2000 Imabari, JPN 03/2015 B&W 4 X 30 T 10.8 mill Turkish

Siam Jade 27.652 1986 Mitsubishi, JPN 02/2016 Mits 4 X 25 T 3.2 mill Turkish

Tankers Name Dwt DoB Yard SS Engine Hull Price Buyer

Millennium Explorer 102.741 1999 Namura, JPN 06/2013 Sulzer DH 10.8 mill Undisclosed

Torm Laura 53.106 2008 Guangzhou, CHN 05/2013 Wartsila DH 26.8 mill Minera

Torm Lana 52.941 2009 Guangzhou, CHN 10/2014 Wartsila DH 28.2 mill Minerva

Torm Anabel 52.300 2012 Guangzhou, CHN 03/2017 B&W DH 32 mill Chinese

(BB for 7 years @ USD 9,000 / day)

Cape Bear 33.540 1997 Admiraltiesky, RS 02/2013 B&W DH 8.8 mill Indonesian

Semua Bersatu 5.810 1998 Usuki, JPN 04/2013 Mit DH 4.8 mill Undisclosed

Kalia 5.771 1999 Tuzla, TRK Disclassed Alfa DH 3.4 mill

Via auction Undisclosed

Containers Name TEU DoB Yard SS Engine Gear Price Buyer

MOL Volta 2.135 1999 Minami, JPN 03/2014 B&W 2 X 40 T 9 mill Greek

Sanne 1.122 1996 Volkswerft, GER 01/2014 Sulzer 2 X 45 T 4.1 mill Indonesian

Osnabuck 942 1996 Sietas, GER 11/2016 MAK 2 X 45 T 4.25 mill Undisclosed

Sale & Purchase

14

Newbuilding Orders

No Type Dwt / Unit Yard Delivery Owner Price 1 BC 95.000 Yangzijiang 2014 FUSCO 34 mill

1 Tanker 155.000 STX 2014 Elka -

4 Container 1.100 Yangfan 2013 Ningbo Ocean -

Newbuilding Prices (Mill $) – Japanese/ S. Korean Yards

Newbuilding Resale Prices

Bulk Carriers

Capesize 45 45

Panamax 31 32

Supramax 30 31

Handysize 23 22

Tankers

VLCC 93 85

Suezmax 60 58

Aframax 48 45

Panamax 41 48

MR 34 35

Newbuilding Resale Prices

Bulk Carriers (2008 – Today) Tankers (2008 – Today)

Newbuildings

15

Demolition Sales

Vessel Type Built Dwt Ldt Buyer Country Price

Cape Race Container 1993 35.071 13.496 India 348

“as is” Freeport Bahamas with 350 T Bunkers ROB

Maregas LPG 1983 7.656 3.642 India 640

With 50% nickel quantity ROB

Mohawk

Princess BC 1982 40.300 8200 India 485

Theraps Container 1992 20.270 6.615 India 513

Front Alfa Tanker 1993 150.038 21.529 Pakistan 490

“as is” Singapoer with 300 T Bunkers ROB

Smooth Hound Tanker 1989 84.040 14.830 Pakista 505

Eastern Carrier BC 1985 14.930 6.776 China 438

Northgate BC 1984 179.422 22.737 China 435

Demolition Prices ($ / Ldt)

Bangladesh China India Pakistan

Dry 450 420 460 460

Wet 480 440 490 490

Demolition Prices

Bulk Carriers (2008 – Today) Tankers (2008 – Today)

Demolitions

16

Shipping Stocks

Commodities

Commodity Week 10 Week 9 Change (%) Brent Crude (BZ) 6,74 6,87 -1,89

Natural Gas (NG) 3,94 4,21 -6,41

Gold (GC) 5,12 5,02 1.99

Copper (LME) 54,45 57,05 -4,56

Wheat (W) 23,07 25,68 -10,16

Dry Bulk

Company Stock Exchange Week 10 Week 9 Change % Baltic Trading Ltd (BALT) NYSE 4,03 4,15 -2,89

Diana Shipping Inc (DSX) NASDAQ 8,65 9,05 -4,42

Dryships Inc (DRYS) NASDAQ 3,31 3,53 -6,23

Euroseas Ltd (ESEA) NASDAQ 2,32 2,55 -9,02

Excel Maritime Carriers (EXM) NYSE 1,83 1,74 5,17

Eagle Bulk Shipping Inc (EGLE) NASDAQ 1,49 1,50 -0,67

Freeseas Inc (FREE) NASDAQ 1,13 1,25 -9,60

Genco Shipping (GNK) NYSE 6,29 6,75 -6,81

Navios Maritime (NM) NYSE 4,13 4,12 0,24

Navios Maritime PTN (NMM) NYSE 16,24 16,49 -1,52

Paragon Shipping Inc (PRGN) NASDAQ 0,90 0,82 9,76

Star Bulk Carriers Corp (SBLK) NASDAQ 0,91 0,95 -4,21

Seanergy Maritime Holdings Corp (SHIP) NASDAQ 3,40 3,31 2,72

Safe Bulkers Inc (SB) NYSE 7,21 7,32 -1,50

Golden Ocean Oslo Bors (NOK) 5,11 4,73 8,03

Tankers Capital Product Partners LP (CPLP) NASDAQ 7,67 7,29 5,21

Omega Navigation Enterprises (ONAV) NASDAQ 0,18 0,20 -10,00

TOP Ships Inc (TOPS) NASDAQ 2,46 2,40 2,50

Tsakos Energy Navigation (TNP) NYSE 6,54 6,46 1,24

Other Aegean Maritime Petrol (ANW) NYSE 6,74 6,87 -1,89

Danaos Corporation (DAC) NYSE 3,94 4,21 -6,41

StealthGas Inc (GASS) NASDAQ 5,12 5,02 1.99

Rio Tinto (RTP) NYSE 54,45 57,05 -4,56

Vale (VALE) NYSE 23,07 25,68 -10,16

ADM Archer Daniels Midland (ADM) NYSE 31,13 31,64 -1,61

BHP Billiton (BHP) NYSE 74,14 76,01 -2,46

Financial Market Data

17

Currencies

Week 10 Week 9 Change (%) EUR / USD 1,32 1,33 -0,75

USD / JPY 81,55 81,09 0,57

USD / KRW 1123 1123 0,00

USD / NOK 5,59 5,56 0,54

Bunker Prices

IFO 380 IFO 180 MGO Piraeus 720 752 1047

Fujairah 745 765 1050

Singapore 735 745 1020

Rotterdam 719 740 1025

Houston 720 750 1050

Port Congestion*

Port No of Vessels

China Rizhao 21

Lianyungang 56

Qingdao 95

Zhanjiang 44

Yantai 23

India

Chennai 8

Haldia 11

New Mangalore 14

Kakinada 8

Krishnapatnam 11

Mormugao 17

Kandla 29

Mundra 7

Paradip 113

Vizag 45

South America

River Plate 318

Paranagua 39

Praia Mole 10

* The information above exhibits the number of vessels, of various types and sizes, that are at berth, awaiting anchorage, at

anchorage, working, loading or expected to arrive in various ports of China, India and South America during week 10 of year

2012.

Financial Market Data / Bunker Prices / Port Congestion