ATHENIAN SHIPBROKERS S.A.

Transcription

1 Feb-5 Jun-5 Oct-5 Feb-6 Jun-6 Oct-6 Feb-7 Jun-7 Oct-7 Feb-8 Jun-8 Oct-8 Feb-9 Jun-9 Oct-9 Feb-1 Jun-1 Oct-1 Feb-11 Jun-11 Oct-11 Feb-12 Jun-12 Oct-12 Feb-13 Jun-13 Oct-13 Feb-14 Jun-14 Oct-14 Feb , 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 February 215 PRICES TANKERS ($ MIO) * Prices reflect Year s End 29* 21* 211* 212* 213* 214* Feb-15 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 29* 21* 211* 212* 213* 214* Feb-15 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 14. Monthly Tanker Market Trend 6 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 5 Monthly 1 Yr TC Rates CAPE 5Y CAPE 1Y CAPE 15Y PMAX 5Y PMAX 1Y PMAX 15Y SUPRA 5Y HMAX 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 - Second Hand units Ship Type Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Total BULK TANK GAS CONT TWEEN REEF RORO FERRY CRUISE Total

4 4 Baltic Clean Tanker - Yearly WEEK NO 215 Baltic Clean Tanker - Monthly /2/215 9/2/215 16/2/215 23/2/ Baltic Dirty Tanker - Yearly WEEK NO 215 Baltic Dirty Tanker - Monthly /2/215 9/2/215 16/2/215 23/2/215 TANKER SALES NAME DWT BLT PRICE $ BUYER M/T SOFIA CHINA DH 6.1 MIO ENBLOC BSS NEPHELI CHINA DH 6.8 MIO ENBLOC BSS CAPTAIN NIKOLAS I CHINA DH 8.1 MIO GREEK (Bitumen. Price each) BIDADARI JAPAN DH 8.3 MIO VIETNAMESE (STST) SHOVKET ALEKPEROVA TURKEY DH 18 MIO BMZ YARDIMCI TURKEY DH 18 MIO BMZ SICHEM ONOMICHI KOREA DH 12 MIO UNDISCLOSED (IMO II) OCEAN MORAY JAPAN SH 2.5 MIO CHINESE RONG ZHOU CHINA DH 1.5 MIO CHINESE (Marineline) RAISSA CHINA DH 18 MIO SHORELINK FS PHILIPPINE PORTUGAL DH 12.1 MIO UNDISCLOSED (IMO II) HC ELIDA KOREA DH 12 MIO ENBLOC BSS HC DALIA KOREA DH 12 MIO UAE (IMO III, Price each) MOLDANGER JAPAN DH 8.3 MIO ENBLOC BSS MAURANGER JAPAN DH 6.75 MIO WARUNA (Zinc, Price Each) MIDNIGHT SUN JAPAN DH 8.2 MIO FAR EASTERN (Zinc) SILVER EXPRESS JAPAN DH 23 MIO ENBLOC BSS GOLD EXPRESS JAPAN DH 23 MIO MAERSK (Price Each) MAGURO KOREA DH * ENBLOC BSS KIHADA KOREA DH * ENBLOC BSS KAREI KOREA DH * ENBLOC BSS ARCTIC CHAR CROATIA DH 146 MIO HAFNIA (Ttl Price) STI HARMONY JAPAN DH 29 MIO ENBLOC BSS STI HERITAGE JAPAN DH 31 MIO GREEK (Price Each) ASIAN SAPPHIRE JAPAN DH * ENBLOC BSS ASIAN JASPER JAPAN DH * ENBLOC BSS ASIAN JADE JAPAN DH 11 MIO SINGAPOREAN (Ttl Price)

5 $/Day $/Day 5 SARK CHINA DH 4 MIO MALAYSIAN (Long subjects) ROXEN STAR CHINA DH * ENBLOC BSS CHAPTER GENTA CHINA DH 96 MIO FRONTLINE (Ttl Price) GC HAIKOU JAPAN DH 31 MIO GREEK (SS/DD D 3/215) GC FUZHOU CHINA DH 18 MIO ENBLOC BSS GC SHANGHAI CHINA DH 18 MIO PDVSA (Ttl Price) GAS SALES NAME DWT BLT CBM PRICE $ BUYER LNG FINIMA SWEDEN MIO CANADIAN (For conversion) GOLAR VIKING KOREA MIO INDONESIAN Spot Market - Tankers VLCC SUEZMAX AFRAMAX Feb-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Feb Period Market - Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX Feb-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Feb-15

6 6 35 Baltic Handysize 6 Baltic Supramax /2/215 9/2/215 16/2/215 23/2/ /2/215 9/2/215 16/2/215 23/2/215 Baltic Panamax /2/215 9/2/215 16/2/215 23/2/215 Baltic Capesize /2/215 9/2/215 16/2/215 23/2/215 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER BERDEN NETHERLANDS GLESS.7 MIO UNDISCLOSED CHYRA CHINA GLESS 3.6 MIO GREEK CARIBBEAN ID JAPAN CR 4X3 5 MIO UNDISCLOSED SAT NUNKI JAPAN CR 4X3 1 MIO ENBLOC BSS SAT BELLATRIX JAPAN CR 4X3 1 MIO EUROPEAN (Price Each) INDIGO OCEAN JAPAN CR 4X3 9.3 MIO FAR EASTERN CRESCENT HARBOUR JAPAN CR 4X3 1.4 MIO UNDISCLOSED TARIK JAPAN CR 4X25 2 MIO UNDISCLOSED (Via Auction) GEETA JAPAN CR 4X MIO UNDISCLOSED SEA GRACE JAPAN CR 4X3 3.5 MIO UNDISCLOSED COPPER QUEEN JAPAN CR 4X3 7.3 MIO TAIWANESE CAPTAIN V LIVANOS CHINA CR 4X3 19 MIO UNDISCLOSED (BB Back) MARIA V LIVANOS CHINA CR 4X3 18 MIO UNDISCLOSED ASSIMINA JAPAN GLESS 6.1 MIO UNDISCLOSED MARITIME TABONEO JAPAN CR 4X3 1.8 MIO GREEK YM RIGHTNESS JAPAN GLESS 18 MIO CHINESE GFLORA ISLAND KOREA GLESS 18.4 MIO GREEK A MAX KOREA GLESS MIO GREEK (Via Auction) SORYU MARU JAPAN GLESS 4.5 MIO UNDISCLOSED C PROSPERITY CHINA GLESS 3 MIO UNDISCLOSED

7 $/Day $/Day Spot Market - Bulkers Feb-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Feb CAPESIZE PANAMAX HANDYMAX 35 3 Period Market - Bulkers 1 Year T/C CAPE PMAX HANDYMAX Feb-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Feb CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER JESSICA B GERMANY GLESS MIO GREEK KAPPELN CHINA CR 2X MIO GERMAN (Laid up) OCEAN EXPRESS JAPAN GLESS MIO UNDISCLOSED CONVENT GERMANY CR 3X MIO ENBLOC BSS CLIPPER GERMANY GLESS MIO UNDISCLOSED (Price Each) CONTI DAPHNE GERMANY CR 3X * ENBLOC BSS CMA CGM AUKLAND GERMANY CR 3X MIO GREEK (Ttl Price) ULF RITSCHER GERMANY CR 3X MIO GREEK ZIM SAVANNAH KOREA GLESS MIO UNDISCLOSED ZIM BEIJING KOREA GLESS MIO SINGAPOREAN CHARLES DICKENS KOREA GLESS MIO GERMAN MPP/TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER REGA NETHERLANDS DR 4X MIO UNDISCLOSED REEFER SALES NAME DWT BLT GEAR CBFT PRICE $ BUYER CHILE STAR POLAND CR 2X32, CR 2X MIO ENBLOC BSS URUGUAY STAR POLAND CR 2X32, CR 2X MIO UNDISCLOSED (Price Each)

8 $m $m 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 Tanker Prices VLCC Suezmax Aframax MR Bulker Prices Capesize Panamax Handymax Handysize Feb-13 Jun-13 Oct-13 Feb-14 Jun-14 Oct-14 Feb Feb-13 Jun-13 Oct-13 Feb-14 Jun-14 Oct-14 Feb-15 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 3 3 MR Handy Small Total

9 m. dwt m. dwt No. of Vessels m. dwt 9 Newbuilding Sales Tankers >1, dwt Bulkers >1, dwt Containerships Feb Delivery Schedule Bulkers >1, dwt. Tankers >1, dwt Feb VLCC Aframax Products February 215 Tanker Newbuildings on Order Suezmax Panamax Bulker Newbuildings on Order Capesize Panamax Handymax Handysize February 215 Newbuilding Historical Prices ($m) Tankers Feb , DWT , DWT , DWT , DWT Bulkers 18, DWT , DWT , DWT , DWT Before 21 sizes to read 28, - 14, - 95, - 4, respectively for tankers and 15, - 69, for Bulkers 2 Single Hull 3 3, DWT (note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)

10 1 The Shipbuilding Market TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES Accom. Unit CIG 215 Acta Group AHTS 17 Shanghai Zhenhua 216 COSL AHTS 17 Shanghai Zhenhua 216 COSL AHTS 17 Shanghai Zhenhua 216 COSL AHTS 17 Shanghai Zhenhua 216 COSL AHTS 17 Shanghai Zhenhua 216 COSL AHTS 17 Shanghai Zhenhua 216 COSL BULK 68 Jiangsu New Hantong 217 Vulica Shpg. Co. BULK 68 Jiangsu New Hantong 217 Vulica Shpg. Co. Bulk 495 CSC Jinling Shipyard 217 Ningbo Marine Co Ltd RMB 17 Mio Bulk 495 CSC Jinling Shipyard 216 Ningbo Marine Co Ltd RMB 17 Mio Bulk 495 CSC Jinling Shipyard 216 Ningbo Marine Co Ltd RMB 17 Mio Bulk 89 Sanoyas S.B. Corp 217 Unknown Japanese Bulk 89 Sanoyas S.B. Corp 217 Unknown Japanese CONT 2 Imabari Shipbuilding 218 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 218 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 218 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 218 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 218 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 218 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 219 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 219 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 219 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 219 Shoei Kisen Kaisha CONT 2 Imabari Shipbuilding 219 Shoei Kisen Kaisha CONT 21 Dae Sun S.B. 216 Cosmoship Management CONT 21 Dae Sun S.B. 217 Cosmoship Management L.N.G. 95 Mitsubishi H.I. 218 Nippon Yusen Kaisha L.N.G. 95 Mitsubishi H.I. 219 Mitsui O.S.K. Lines L.N.G. 98 Daewoo 218 Mitsui O.S.K. Lines LNG / Eth / LPG 2 Jiangsu New YZJ Mio Evergas AS LNG / Eth / LPG 2 Jiangsu New YZJ Mio Evergas AS LPG 285 Hyundai Mipo Mio KSS Line Ltd. MSV Unknown Yard 216 Dolphin Offshore Ent. Pass/Car F. 4 Ada Shipyard 216 Fjord1 AS Pass/Car F. 4 Ada Shipyard 216 Fjord1 AS Products 158 Hyundai HI 217 A.M.P.T.C. Products 158 Hyundai HI 217 A.M.P.T.C. Products 114 Daehan S.B. 216 Sinokor Merchant Products 114 Daehan S.B. 216 Sinokor Merchant Products 114 Daehan S.B. 216 Sinokor Merchant Products 114 Daehan S.B. 216 Sinokor Merchant Products 114 Daehan S.B. 216 Sinokor Merchant Products 114 Daehan S.B. 216 Sinokor Merchant Products 114 Daehan S.B. 217 Sinokor Merchant PSV 4 Alianca S.Y. 216 Brasileira Offshore Tanker 319 Daewoo Mio Maran tankers Mngt. Tanker 319 Daewoo MIo Maran tankers Mngt. Tanker 32 Japan Marine United 217 Meiji Shipping Co Tanker 3 Hyunsai HI (Gunsan) 216 Metrostar Management Tanker 3 Hyunsai HI (Gunsan) 216 Metrostar Management Tanker 3 Hyunsai HI (Gunsan) 217 Metrostar Management Option Tanker 3 Hyunsai HI (Gunsan) 217 Metrostar Management Option Tanker 319 Dalian Shipbuilding Mio China Shpg. Tankers Tanker 319 Dalian Shipbuilding Mio China Shpg. Tankers Tanker 319 Dalian Shipbuilding Mio China Shpg. Tankers Tanker 319 Dalian Shipbuilding Mio China Shpg. Tankers Tanker 158 Sungdong S.B. 217 Unknown Tanker 158 Sungdong S.B. 217 Unknown Tanker 158 Sungdong S.B. 217 Unknown Tanker 158 Sungdong S.B. 218 Unknown Option

11 11 Tanker 158 Sungdong S.B. 218 Unknown Option Tanker 38 Dalian Shipbuilding Mio China Shpg. Tankers Tanker 38 Dalian Shipbuilding Mio China Shpg. Tankers Tanker 38 Dalian Shipbuilding Mio China Shpg. Tankers Tanker 38 Dalian Shipbuilding Mio China Shpg. Tankers Tanker 115 Shanghai Waigaoqiao 217 Wah Kwong Shpg. Tanker 115 Shanghai Waigaoqiao 217 Wah Kwong Shpg. Tanker 159 Hyundai HI 216 Livanos Group Tanker 159 Hyundai HI 216 Livanos Group

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 36 /lt Ldt USD 38 /lt Ldt Bangladesh USD 345 /lt Ldt USD 365 /lt Ldt Pakistan USD 35 /lt Ldt USD 37 /lt Ldt China USD 2 /lt Ldt USD 215 /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 SEAGULL D Full spares BULK HAE DO JI BULK TATIO Green Recycling/forward delivery BULK ZAHRANOS BULK MYRON N Abt 75T ROB BULK INDIA COAL MARU As is Dahej COMBO GOAN PRIDE Incl 9T ROB CONT TORINO CONT MOL HONOR As is Cyprus CONT PISTI As is Spore CONT MOL BRAVERY REEF TROPICAL MIST TANK TRADEWIND STST content Bangladesh TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK OCEAN GALAXY BULK OCEAN DAWNING BULK FESCO ANGARA BULK FLORA BULK GREEN FIELD Full Spares BULK STEEL TITAN Incl 38T ROB BULK STAR TATIANNA BULK CHIOS SUNRISE T propeller BULK FERNIE BULK FU YUAN Incl 7T ROB BULK JAG ARJUN As is pore incl 7T ROB BULK ORE TUBARAO Incl 8T ROB RORO ST GREGORY THE GREAT TANK BAI HAI ZHI XING

14 14 China TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS N/A N/A N/A Pakistan TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK LR LILY Incl 45T ROB BULK BULK CAJUN BULK CAPE OSPREY Incl ROB BULK CAPE EAGLE Incl 28T ROB 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 ASIA EXPLORER As is Spore BULK GLOBAL VICTORY Option India/Bangladesh/Pakistan

15 USD/ton USD/ton 15 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 Feb

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 * 27/2/215 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 Diana Shipping Inc. Dryships Inc. Dynagas LNG Partners LP Eagle Bulk Shipping Inc. Euroseas Ltd. Freeseas Inc. Costamare Inc. Goldenport Holdings Inc. Navios Maritime Holdings GasLog Ltd. Paragon Shipping Inc. Safe Bulkers Inc. Star Bulk Carriers Corp. Stealthgas Inc. TEN Inc. TOP Ships Inc. Box Ships Inc. Diana Containerships Inc. Danaos Corporation Aegean Marine Petroleum * 26/2/215 closing values CPLP DSX DRYS DLNG EGLE ESEA FREE CMRE GPRT NM GLOG PRGN SB SBLK GASS TNP TOPS TEU DCIX DAC ANW ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 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,