ATHENIAN SHIPBROKERS S.A.

Transcription

1 May-6 Sep-6 Jan-7 May-7 Sep-7 Jan-8 May-8 Sep-8 Jan-9 May-9 Sep-9 Jan-1 May-1 Sep-1 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May , Vas. Pavlou Str., GR , Voula, Athens, Greece Tel: Fax: Internet Mail: athenian(at)atheniansa(dot)gr M O N T H L Y R E P O R T Baltic Dry Index May 216 PRICES TANKERS ($ MIO) * Prices reflect Year s End 21* 211* 212* 213* 214* 215* May-16 VLCC 5Y VLCC 1Y SUEZMAX 5Y AFRAMAX 5Y AFRAMAX1Y PANAMAX5Y K 5Y D/H K 1Y D/H K 2Y PRICES BULKERS ($ MIO) * Prices reflect Year s End 21* 211* 212* 213* 214* 215* May-16 CAPESIZE 5Y CAPESIZE 1Y CAPESIZE 15Y CAPESIZE 2Y PANAMAX 5Y PANAMAX 1Y PANAMAX 15Y PANAMAX 2Y SUPRAMAX 5Y

2 Prices (USD Mio) Price (USD) Price (USD Mio) Price (USD) 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 1. Monthly Tanker Market Trend 7 Monthly 1 Yr TC Rates VLCC 5Y VLCC 1Y SMAX 5Y AMAX 5Y VLCC 1 Yr T/C SMAX 1 Yr T/C AMAX 1 Yr T/C AMAX 1Y PMAX 5Y 45K 5Y D/H 45K 1Y D/H PMAX 1 Yr T/C MR 1 Yr T/C 7. Monthly Bulk Carrier Market Trend 4 Monthly 1 Yr TC Rates CAPE 5Y CAPE 1Y CAPE 15Y PMAX 5Y PMAX 1Y PMAX 15Y SUPRA 5Y HMAX 1Y HMAX 15Y CAPE 1 Yr T/C SUPRA 1 Yr T/C PMAX 1 Yr T/C HMAX 1 Yr T/C

3 3 S E C O N D H A N D T O N N A G E M A R K E T S&P Activity Dry (>5, Dwt) AVAILABLE FOR SALE REPORTED SOLD PREVIOUS MONTH A/BLE FOR SALE PREVIOUS MONTH SALES S&P Activity Tankers (>5, Dwt) AVAILABLE FOR SALE REPORTED SOLD PREVIOUS MONTH A/BLE FOR SALE PREVIOUS MONTH SALES THIS MONTH - PREVIOUS MONTH THIS MONTH - PREVIOUS MONTH *Excluding demolition sales Sale and Purchase Market Ship Type Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Total BULK TANK GAS CONT TWEEN/MPP REEF RORO 2 2 FERRY CRUISE Total

4 4 Baltic Clean Tanker - Yearly WEEK NO Baltic Dirty Tanker - Yearly WEEK NO 216 Baltic Clean Tanker - Monthly /5/216 1/5/216 17/5/216 24/5/216 31/5/216 Baltic Dirty Tanker - Monthly /5/216 1/5/216 17/5/216 24/5/216 31/5/216 TANKER SALES NAME DWT BLT PRICE $ BUYER SANKEI MARU JAPAN DB.76 MIO UNDISCLOSED BOW SAILOR POLAND DH 6.4 MIO UNDISCLOSED (SUS316L) DA WEI SHAN CHINA DH 12.2 MIO UNDISCLOSED GOLDEN DOMINANCE S.KOREA DH * ENBLOC BSS GOLDEN CREST S.KOREA DH 25.8 MIO KOREAN (Ttl Price) GOLDEN PACIFIC CHINA DH 12 MIO GREEK (Marineline- Laid up) FAIRCHEM BRONCO JAPAN DH 2.5 MIO TUFTON OCEANIC (STST - Incl 3 yrs TCB) SICHEM CONTESTER JAPAN DH 2.25 MIO UNDISCLOSED (STST) SIRA JAPAN DH 2.5 MIO TUFTON OCEANIC AEGEAN CHAMPION GERMANY DH 5.8 MIO MIDDLE EASTERN KING ERNEST S.KOREA DH 11.8 MIO ENBLOC BSS KING EVEREST S.KOREA DH 9.8 MIO ENBLOC BSS KING EDWARD S.KOREA DH 11.8 MIO ENBLOC BSS KING EMERALD CHINA DH 11.8 MIO UNDISCLOSED (Price Each) JADE S.KOREA DH 21.5 MIO VIETNAMESE (Long Subjects) STAVANGER EAGLE JAPAN DH 16 MIO SHENLONG, CHINA (Against long TC) SIGNAL MAYA JAPAN DH 15.5 MIO UNDISCLOSED CPO KOREA S.KOREA DH * ENBLOC BSS CPO JAPAN S.KOREA DH 46 MIO UNDISCLOSED(Ttl price) ISIS JAPAN DH 29.8 MIO JAPANESE (Incl 3yrs BB Back) ARABIYAH S.KOREA DH 8.5 MIO UNDISCLOSED

5 $/Day $/Day 5 POETIC JAPAN DH * ENBLOC BSS ROMANTIC JAPAN DH * ENBLOC BSS AUTHENTIC JAPAN DH * ENBLOC BSS MAJESTIC JAPAN DH 16 MIO NORDIC AMERICAN TANKERS (Ttl price) BERMUDA SPIRIT S.KOREA DH 47 MIO ENBLOC BSS HAMILTON SPIRIT S.KOREA DH 47 MIO GREEK (Price Each) DHT TARGET S.KOREA DH 22.5 MIO RIDGEBURY TANKERS NEW MEDAL CHINA DH * ENBLOC BSS NEW CORAL CHINA DH MIO FRONTLINE (Ttl price) FRONT VANGUARD JAPAN DH 26 MIO UNDISCLOSED DS CHIEF S.KOREA DH MIO UNDISCLOSED GAS SALES NAME DWT BLT CBM PRICE $ BUYER G. ELITE JAPAN MIO THAI Spot Market - Tankers VLCC SUEZMAX AFRAMAX May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May Period Market - Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May

6 6 Baltic Handysize /5/216 1/5/216 17/5/216 24/5/216 31/5/ Baltic Supramax /5/216 1/5/216 17/5/216 24/5/216 31/5/216 Baltic Panamax /5/216 1/5/216 17/5/216 24/5/216 31/5/216 Baltic Capesize /5/216 1/5/216 17/5/216 24/5/216 31/5/216 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER CONCORD EXPRESS JAPAN CR 2X3, DR 2X3 1.7 MIO TAIWANESE ARKLOW WILLOW JAPAN GLESS 5.2 MIO CANADIAN (For conversion) MA CHO CHINA CR 2X MIO UNDISCLOSED ROMUVA INDONESIA CR 3X MIO UNDISCLOSED VORUTA INDONESIA CR 3X MIO UNDISCLOSED KENANGA S.KOREA CR 4X3 1.7 MIO UNDISCLOSED (Via auction in Durban where laid up for 6 months) APOLLONAS JAPAN CR 4X MIO UNDISCLOSED. SEA RICHES JAPAN CR 4X3 3.5 MIO UNDISCLOSED SEA HARVEST JAPAN CR 4X MIO UNDISCLOSED DILIGENCE JAPAN CR 4X3 2 MIO CHINESE SAINT DIONYSIS JAPAN CR 4X3 3.3 MIO EUROPEAN ORIENT DREAM JAPAN CR 4X3 7.5 MIO TAIWANESE CABOT AVIVA CHINA CR 4X3 6.2 MIO UNDISCLOSED (Via auction) BIANCO OLIVIA BULKER CHINA CR 4X3 7.4 MIO UNDISCLOSED CS VANGUARD CHINA CR 4X3 3.5 MIO UNDISCLOSED HOLY LIGHT JAPAN CR 4X3 2.5 MIO CHINESE VOC ROSE JAPAN CR 4X3 2.5 MIO CHINESE ARMERIA JAPAN CR 4X3 4.2 MIO UNDISCLOSED LOYAL UNION JAPAN CR 4X3 6.3 MIO GREEK AURORA AMETHYST JAPAN CR 4X3 2.8 MIO BANGLADESHI STEEL VISION JAPAN CR 4X3 3.5 MIO UNDISCLOSED

7 $/Day 7 NEER CHINA CR 4X4 3.6 MIO UNDISCLOSED MEDI NAGASAKI JAPAN CR 4X3 4.6 MIO GREEK ALAM MURNI JAPAN CR 4X MIO GREEK CHRISTOPH S CHINA CR 4X35 7 MIO GREEK FREDERIKE SELMER CHINA CR 4X3 5.8 MIO UNDISCLOSED ORIENTAL PHOENIX CHINA CR 4X35 * ENBLOC BSS ORIENTAL EXPLORER CHINA CR 4X35 14 MIO UNDISCLOSED (Ttl Price) OCEAN ANGEL PHILIPPINES CR 4x3 8.1 MIO UNDISCLOSED IKAN SIAKAP PHILIPPINES CR 4X3 8.1 MIO UNDISCLOSED ABY PAOLA JAPAN CR 4X MIO SINGAPOREAN DALIAN COSCO KHI DE CHINA CR 4X MIO UNDISCLOSED JIA YUE CHINA CR 4X MIO BREAKWATER CAPITAL HERMES ISLAND JAPAN GLESS 13.6 MIO GREEK NORDWESER S.KOREA GLESS 4.4 MIO GREEK OCEAN QINGDAO CHINA GLESS 11.5 MIO UNDISCLOSED ARCHIMEDES S.KOREA GLESS 14.6 MIO GREEK (Via Auction) MIRAERO ACE S.KOREA GLESS 14.2 MIO UNDISCLOSED (Incl TC til 6-7/217) SAFE VOYAGER JAPAN GLESS 9.2 MIO GREEK SRI PREM VEENA JAPAN GLESS 9.3 MIO WOOYANG SHIPPING KAIEN JAPAN GLESS 6 MIO CHINESE SUIREI MARU JAPAN GLESS 4.1 MIO UNDISCLOSED CHITRA PREM CHINA GLESS 9.8 MIO GREEK (Via Auction) CONTI JADE CHINA GLESS 11 MIO UNDISCLOSED (Sold by financiers) CONTI JAPSIS CHINA GLESS 11 MIO UNDISCLOSED (Sold by financiers) ETERNAL POWER JAPAN GLESS 6.3 MIO UNDISCLOSED SA ALTIUS S.KOREA GLESS 7.75 MIO CHINESE AN MAY CHINA GLESS 12 MIO UNDISCLOSED (C/free dely 11-12/216) KLARA SELMER CHINA GLESS 19.5 MIO GREEK BESIKTAS TURKMENISTAN S.KOREA GLESS MIO ENBLOC BSS BESIKTAS S.KOREA GLESS MIO GREEK (Price Each) SHINING DRAGON JAPAN GLESS 26 MIO UNDISCLOSED GALAXY DREAM JAPAN GLESS 27.4 MIO WINNING SHIPPING Spot Market - Bulkers May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May CAPESIZE PANAMAX HANDYMAX

8 $/Day Period Market - Bulkers 1 Year T/C May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May CAPE PMAX HANDYMAX CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER WEC MAJORELLE GERMANY GLESS MIO UNDISCLOSED ALICE S.KOREA GLESS MIO SITC HONG KONG STADT ROTENBURG UKRAINE CR 2X MIO GERMAN ISOLDE GERMANY CR 3X MIO MIDDLE EASTERN E.R. CUXHAVEN ROMANIA CR 3X MIO ENBLOC BSS E.R. HELGOLAND GERMANY CR 3X MIO GREEK (Price Each) STADT AACHEN S.KOREA GLESS MIO CHINESE MPP/TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER ARKLOW ROSE NETHERLANDS GLESS MIO UNDISCLOSED NIUGINI COAST ROMANIA CR 2X * ENBLOC BSS NIU AILAN COAST ROMANIA CR 2X MIO OCEANIC CONTAINER (Ttl Price) TRANSANDROMEDA NETHERLANDS GLESS MIO ENBLOC BSS TRANCAPRICORN NETHERLANDS GLESS MIO COMBO SALES NAME DWT BLT GEAR PRICE $ BUYER SKS TYNE S.KOREA CR 1X15 7 MIO KARADENIZ LATVIAN (Price Each. Ice Super 1A)

9 $m $m 9 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 TS Tanker Prices VLCC Suezmax Aframax MR Bulker Prices Capesize Panamax Handymax Handysize May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May Ship Type Total Capesize Panamax Supra/Hmax Handies Total Ship Type Total ULCC/VLCC Suezmax Aframax Panamax MR+Small Total Ship Type Total VLGC LGC 2 2 MR Handy Small Total

10 m. dwt m. dwt No. of Vessels m. dwt 1 Newbuilding Sales 7 66 Tankers >1, dwt Bulkers >1, dwt Containerships Delivery Schedule Bulkers >1, dwt. Tankers >1, dwt May May Tanker Newbuildings on Order May VLCC Aframax Products 14.7 Suezmax Panamax Bulker Newbuildings on Order Capesize Panamax Handymax Handysize May 216 Tankers May- 16 Newbuilding Historical Prices ($m) , DWT , DWT , DWT , DWT Bulkers 18, DWT , DWT , DWT , DWT Before 21 sizes to read 28, - 14, - 95, - 4, respectively for tankers and 15, - 69, for Bulkers 2 Single Hull 3 3, DWT (note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)

11 11 The Shipbuilding Market TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES Accom. Unit 42 Ast. Gondan 218 Ostensjo Rederi AS Chem & Oil 186 Chengxi Shipyard Mio Ektank AB Chem & Oil 186 Chengxi Shipyard Mio Ektank AB Chem & Oil 186 Chengxi Shipyard Mio Ektank AB Option Chem & Oil 186 Chengxi Shipyard Mio Ektank AB Option Chem & Oil 4 Hyundai Mipo 217 Super-Eco Tankers Chem & Oil 4 Hyundai Mipo 218 Super-Eco Tankers Container 12 Kyokuyo Shipyard 217 Kotoku Kaiun Container 12 Kyokuyo Shipyard 218 Kotoku Kaiun Container 35 Shanghai Shipyard 217 Zhonggu Shipping Container 35 Shanghai Shipyard 218 Zhonggu Shipping Container 35 Shanghai Shipyard 218 Zhonggu Shipping Container 35 Shanghai Shipyard 218 Zhonggu Shipping Container 35 Shanghai Shipyard 218 Zhonggu Shipping Option Container 35 Shanghai Shipyard 218 Zhonggu Shipping Option Cruise Lloyd Werft Wismar 219 Genting Hong Kong Cruise Lloyd Werft Wismar 22 Genting Hong Kong Cruise Lloyd Werft 218 Crystal Cruises Hvy Dk Cargo 15 VARD Braila Mio Topaz Energy Hvy Dk Cargo 15 VARD Braila Mio Topaz Energy Hvy Dk Cargo 15 VARD Braila Mio Topaz Energy Hvy Dk Cargo 15 VARD Braila Mio Topaz Energy Hvy Dk Cargo 15 VARD Braila Mio Topaz Energy Hvy Dk Cargo 15 VARD Tulcea Mio Topaz Energy Hvy Dk Cargo 15 VARD Tulcea Mio Topaz Energy Hvy Dk Cargo 15 VARD Tulcea Mio Topaz Energy Hvy Dk Cargo 15 VARD Tulcea Mio Topaz Energy Hvy Dk Cargo 15 VARD Vung Tau Mio Topaz Energy Hvy Dk Cargo 15 VARD Vung Tau Mio Topaz Energy Hvy Dk Cargo 15 VARD Vung Tau Mio Topaz Energy Hvy Dk Cargo 15 VARD Vung Tau Mio Topaz Energy Hvy Dk Cargo 15 VARD Vung Tau Mio Topaz Energy Hvy Dk Cargo 15 VARD Vung Tau Mio Topaz Energy L.P.G 51 MHI Nagasaki 22 Nissen Kaiun K.K. L.P.G 51 MHI Nagasaki 22 Nissen Kaiun K.K. L.P.G 55 JMU Tsu Shipyard 219 Nippon Yusen Kaisha L.P.G 55 JMU Tsu Shipyard 219 Nippon Yusen Kaisha Pass/Cat Ast. Gondan 217 Naviera Nabia Research 51 Damen Gorinchem Mio Antarctic Division Ro-Ro 15 Flesburger SB 217 Siem Industries Ro-Ro 15 Flesburger SB 217 Siem Industries Ro-Ro 15 Flesburger SB 217 Siem Industries Ro-Ro 15 Flesburger SB 218 Siem Industries

12 Million dwt USD/ton USD/ton 12 Demolition Historical Data D E M O L I T I O N M A R K E T Demolition Prices Gen Cargo Tanker India USD 26 /lt Ldt USD 28 /lt Ldt Bangladesh USD 265 /lt Ldt USD 29 /lt Ldt Pakistan USD 255 /lt Ldt USD 28 /lt Ldt China USD 15 /lt Ldt USD 16 /lt Ldt Price Tankers* JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *India month's end prices Price Bulkers* JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *India month's end prices Total Demolition (Dwt) * Bss reported sales

13 USD/ton 13 6 Historical Demolition Prices (India Year's End) TANKERS BULKERS Avg. Trend 1 HISTORICAL DEMOLITION PRICES (*Indian Year s End) CURR. TANK BULK India TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK SPAR NEPTUN CONT SHIN CHUN As is Hong Kong with min ROB CONT MSC LIESELOTTE CONT SIRIUS As is Malta incl ROB for voy CONT KARIN Bss as is Colombo CONT TAURUS CONT NORASIA VALPARAISO As is Singapore incl ROB for voy GAS MARIMAR GAS RORO HUDSON LEADER PCC RORO SAINT ROCH TANK BAO HENG Incl 6T ROB TANK STOLT TOPAZ Bangladesh As is Khor Fakkan with sufficient ROB for voy TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK U HAPPY BULK HUA XIANG BULK OCEAN HOPE BULK C. POLARIS BULK IRON BARON BULK CARINA As is Singapore BULK ANANGEL ETERNITY As is Singapore incl sufficient bunkers for voy BULK NEW FANTASY En bloc with New Giant BULK SUCHADA NAREE BULK HUA TAI Converted from tanker BULK RUI FU TWEEN XIANG RUI MEN CONT JAPAN

14 14 China TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK SHIN ONDO BULK ONGA Pakistan TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK GOLDEN TRUST BULK ARWAD TOWER BULK GS ANGEL Incl ROB BULK BADRI PRASAD TANK ALBA TANK ADVENTURE TANK FAISAL Turkey TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS N/A N/A N/A Other TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK CHINA STEEL EXPRESS As is Kaohsiung incl 35T ROB CONT ACAPULCO As is Colombo CONT GLORY As is Hong Kong CONT NORASIA ALPS As is Singapore CONT MUNDRA As is Singapore CONT HANJIN OTTAWA As is Singapore CONT DS DOMINION As is Busan

15 USD/ton USD/ton H I S T O R I C A L B U N K E R P R I C E S Bunkers Cost (38 cst) Rotterdam Fujeirah Houston Average Trend Bunkers Cost (MGO) Rotterdam Fujeirah Houston Average Trend HISTORICAL BUNKER PRICES Rotterdam Fujeirah Houston 38 cst MGO 38 cst MGO 38 cst MGO May

16 $/Barrel USD-EUR USD-JPY 16 M A R K E T I N D I C A T O R S Currencies USD-EUR USD-JPY Brent Oil GBP CAD EUR JPY CHF USD AUD GBP CAD EUR JPY CHF USD AUD * 1/6/216 values

17 17 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 Diana Shipping Inc. DSX Dryships Inc. DRYS Dynagas LNG Partners LP DLNG Eagle Bulk Shipping Inc. EGLE Euroseas Ltd. ESEA Freeseas Inc. FREEF Costamare Inc. CMRE Goldenport Holdings Inc. GPRT Navios Maritime Holdings NM GasLog Ltd. GLOG Paragon Shipping Inc. PRGN Safe Bulkers Inc. SB Star Bulk Carriers Corp. SBLK Stealthgas Inc. GASS TEN Inc. TNP TOP Ships Inc. TOPS Box Ships Inc. TEUFF Diana Containerships Inc. DCIX Danaos Corporation DAC Aegean Marine Petroleum ANW * 31/5/216 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,