ATHENIAN SHIPBROKERS S.A.

Transcription

1 May-2 Sep-2 Jan-3 May-3 Sep-3 Jan-4 May-4 Sep-4 Jan-5 May-5 Sep-5 Jan-6 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 , Vas. Pavlou Str., GR , Voula, Athens, Greece Tel: Fax: Internet Mail: athenian@atheniansa.gr M O N T H L Y R E P O R T Baltic Dry Index May 212 PRICES TANKERS ($ MIO) * Prices reflect Year s End 27* 28* 29* 21* 211* May-12 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 27* 28* 29* 21* 211* May-12 CAPESIZE 5Y CAPESIZE 1Y CAPESIZE 15Y CAPESIZE 2Y PANAMAX 5Y PANAMAX 1Y PANAMAX 15Y PANAMAX 2Y SUPRAMAX 5Y HANDYMAX1Y HANDYMAX15Y HANDYMAX2Y

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 18. Monthly Tanker Market Trend 1 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 16. Monthly Bulk Carrier Market Trend 18 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 Baltic Clean Tanker - Yearly Baltic Dirty Tanker - Yearly WEEK NO WEEK NO Baltic Clean Tanker - Monthly 8 Baltic Dirty Tanker - Monthly /4/212 3/5/212 1/5/212 17/5/212 24/5/ /4/212 3/5/212 1/5/212 17/5/212 24/5/212 TANKER SALES NAME DWT BLT PRICE $ BUYER ANGIMAR TURKEY DH 7.25 MIO EU BASED BITU SEA CHINA DH 9 MIO SARGEANT MARINE, USA (Asphalt Carrier) BITU MOUNTAIN CHINA DH 9 MIO SARGEANT MARINE, USA (Asphalt Carrier) TRANS SCANDIC GERMANY DH 5.8 MIO UNDISCLOSED UNION HARVEST JAPAN DH 4.5 MIO UNDISCLOSED ALPHA PROSPERITY SINGAPORE DH * ENBLOC BSS ALPHA POWER SINGAPORE DH * ENBLOC BSS ALPHA PRESTIGE SINGAPORE DH 1.95 MIO UNDISCLOSED PIONEER SPIRIT JAPAN DH 6 MIO UNDISCLOSED GLOBAL THEMIS JAPAN DH 6.75 MIO KOREAN JO EIK SPAIN DH 13.5 MIO UNDISCLOSED (Stst Tanker) JO ASK SPAIN DH 13.5 MIO UNDISCLOSED (Stst Tanker) VICTORY OCEAN JAPAN DH 1.9 MIO FAR EASTERN SIDSEL KNUTSEN SPAIN DH 9.5 MIO WEST AFRICAN SINBAD SPAIN DH 6.8 MIO UNDISCLOSED UACC MASAFI S.KOREA DH 37.5 MIO EUROPEAN UACC MESSILA S.KOREA DH 37.5 MIO EUROPEAN JAG PRADIP S.KOREA DH 9 MIO UNDISCLOSED SELENDANG MUTIARA CHINA DH 8.5 MIO GREEK FREJA FIONIA JAPAN DH 21.5 MIO GREEK TORM UGLAND CHINA DH 21.5 MIO INDONESIAN TAIYOH III JAPAN DH 9.5 MIO NATHALIN GROUP BUNGA KELANA SATU S.KOREA DH 9.5 MIO GREEK

4 $/Day $/Day 4 RAFFLES RIVER JAPAN DH 2.75 MIO GREEK TEMASEK RIVER JAPAN DH MIO GREEK NAUTIC JAPAN DH * ENBLOC BSS NAVIGA JAPAN DH 3 MIO GREEK CENTENNIAL JEWEL JAPAN DH 32 MIO MODEC, JAPAN (Sold for Conversion) HERO I S.KOREA DH 26 MIO SINGAPORE BASED (Arrested in Spore since 8/211) GAS SALES NAME DWT BLT CBM PRICE $ BUYER RED DRAGON JAPAN MIO UNDISCLOSED UMM SHAIF JAPAN MIO UNDISCLOSED Spot Market - Tankers VLCC SUEZMAX AFRAMAX May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 May-12 Period Market - Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 May-12

5 5 7 Baltic Handysize 12 Baltic Supramax /4/212 3/5/212 1/5/212 17/5/212 24/5/ /4/212 3/5/212 1/5/212 17/5/212 24/5/212 Baltic Panamax /4/212 3/5/212 1/5/212 17/5/212 24/5/ Baltic Capesize /4/212 3/5/212 1/5/212 17/5/212 24/5/212 4 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER SOYANA TURKEY CR 2X25.9 MIO MIDDLE EASTERN NOUR NETHERLANDS CR 2X MIO EGYPTIAN ASIA GREAT JAPAN CR 2X25, DR 2X MIO CHINESE ASIAN ROSALIE JAPAN DR 1X25, CR 2X3 3.5 MIO INDONESIAN BALTIC BULGARIA CR 2X4 3.5 MIO INDONESIAN KOPALNIA CR 4X16, CR POLAND RYDULTOWY 1X MIO UNDISCLOSED AYYILDIZ JAPAN CR 3X3 6 MIO UNDISCLOSED GLOBAL EXPLORER JAPAN CR 4X MIO UNDISCLOSED (Incl 3 Yrs TC at Usd 785 Pd) ATLANTIC PROMISE JAPAN CR 4X MIO UNDISCLOSED ATLANTIC KING JAPAN CR 4X3 8.5 MIO UNDISCLOSED EASTGATE JAPAN CR MIO UKRAINIAN APOLLO JAPAN CR 4X3 8 MIO UNDISCLOSED APEX BULKER JAPAN CR 4X3 14 MIO UNDISCLOSED SANKO RALLY JAPAN CR 4X3 8.5 MIO UNDISCLOSED SANKO ROYAL JAPAN CR 4X3 9.2 MIO UNDISCLOSED NENA A S.KOREA CR 4X MIO ITALIAN MARIA TH JAPAN CR 4X MIO CHINESE SELARAS JAPAN CR 4X25 * ENBLOC BSS SERASIH JAPAN CR 4X MIO UNDISCLOSED SOLAR ASIA JAPAN CR 4X MIO CHINESE MASTRO GIORGIS II UKRAINE CR 5X3 7.2 MIO INDIAN TREASURE ISLAND PHILIPPINES CR 4X3 UNDISCL UNDISCLOSED DALIAN STAR JAPAN CR 4X3 UNDISCL UNDISCLOSED

6 $/Day 6 RAPTOR CHINA CR 4X35 UNDISCL GREEK CHIOS JOY S.KOREA CR 4X25 7 MIO CHINESE FEGGITES S.KOREA CR 4X3 5.7 MIO CHINESE EASTERN QUEEN S.KOREA GLESS 9.8 MIO CHINESE VOGEVOYAGER JAPAN GLESS * ENBLOC BSS VOGETRADER JAPAN GLESS 21.5 MIO TURKISH RUBY CREST S.KOREA GLESS 11.8 MIO CHINESE VOGE PROSPERITY DENMARK GLESS * ENBLOC BSS VOGE PRESTIGE DENMARK GLESS 17 MIO UNDISCLOSED XIAO XIAO CHINA GLESS 24 MIO CHINESE SHINING BLISS JAPAN GLESS 23.8 MIO GREEK NEWLEAD GUJARAT CHINA GLESS 22.3 MIO UNDISCLOSED (Via Auction) SHINYO AYUSH CHINA GLESS 24 MIO CHINESE COSCO DALIAN N CHINA GLESS 24 MIO UNDISCLOSED COSCO DALIAN N CHINA GLESS 24 MIO UNDISCLOSED JINHAI J CHINA GLESS 24 MIO UNDISCLOSED JINHAI J CHINA GLESS 24 MIO UNDISCLOSED SPP TONGYEONG H S.KOREA GLESS 27 MIO UNDISCLOSED STX JINHAE S.KOREA GLESS 24.3 MIO EU BASED SPP TONGYEONG H S.KOREA GLESS 27 MIO GREEK CAPE AMERICA TAIWAN GLESS 8.5 MIO WINNING SHIPPING IRON YANDI S.KOREA GLESS 13.5 MIO GREEK STAR ANGEL JAPAN GLESS 12.5 MIO SINOKOR, S.KOREA CAPE ORCHID JAPAN GLESS 25 MIO JAPANESE (Incl BBB to K Line) REGENA N JAPAN GLESS 33 MIO WINNING SHIPPING Spot Market - Bulkers May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 May-12 CAPESIZE PANAMAX HANDYMAX

7 $/Day Period Market - Bulkers 1 Year T/C May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 May CAPE PMAX HANDYMAX CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER ACHIEVER GERMANY GLESS MIO SYRIAN TIGER OCEAN SINGAPORE CR 2X MIO UNDISCLOSED ID ASIA POLAND CR 2X MIO UNDISCLOSED FELICITAS GERMANY CR 2X MIO UNDISCLOSED ACX CHERRY JAPAN GLESS MIO UNDISCLOSED ACX COSMOS JAPAN GLESS MIO UNDISCLOSED WARNOW TRADER GERMANY CR 3X MIO GERMAN MARLENE S GERMANY CR 3X MIO GREEK CAPE NELSON CHINA CR 2X MIO UNDISCLOSED CAPE NORTH CHINA CR 2X MIO UNDISCLOSED IZU JAPAN CR 3X MIO USA BASED IPANEMA JAPAN CR 2X4, CR 1X MIO USA BASED ACX SAKURA JAPAN CR 2X4, CR 1X MIO USA BASED BUNGA TERATAI S.KOREA GLESS MIO SEA CONSORTIUM, TIGA BUNGA TERATAI EMPAT S.KOREA GLESS MIO CHUN HE GERMANY GLESS MIO CHAO HE GERMANY GLESS MIO QIU HE GERMANY GLESS MIO YING HE GERMANY GLESS MIO BLACK EAGLE FRANCE CR 4X4, CR 2X MIO USA CMA CGM STRAUSS S.KOREA GLESS MIO CMA CGM VERDI S.KOREA GLESS MIO SINGAPORE SEA CONSORTIUM, SINGAPORE CHINESE (Incl 12 Mos TCB at Usd 8 Pd) CHINESE (Incl 12 Mos TCB at Usd 8 Pd) CHINESE (Incl 12 Mos TCB at Usd 8 Pd) CHINESE (Incl 12 Mos TCB at Usd 8 Pd) UNDISCLOSED (Incl 5 Yrs TCB at Rgn Usd 23 Pd) UNDISCLOSED (Incl 5 Yrs TCB at Rgn Usd 23 Pd)

8 8 TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER BOE OCEAN CHINA CR 4X15 (COMB 25) MIO UNDISCLOSED RORO SALES NAME GT BLT LANE MTS/CARS PAX PRICE $ BUYER CAP CANAILLE FRANCE MIO UNDISCLOSED

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-1 Sep-1 Jan-11 May-11 Sep-11 Jan-12 May-12 May-1 Sep-1 Jan-11 May-11 Sep-11 Jan-12 May-12 Dry Bulk Orderbook Ship Type 212 (deliv) Total VLOC Capesize Small Cape Panamax Supramax Handys Total Tanker Orderbook Ship Type 212 (deliv) Total ULCC/VLCC Suezmax Aframax Panamax MR Handy Total LPG Tank Orderbook Ship Type 212 (deliv) Total VLGC LGC MR Handy Small Total

10 m. dwt m. dwt No. of Vessels m. dwt 1 Newbuilding Sales Tankers >1, dwt Bulkers >1, dwt Containerships May-12 6 Delivery Schedule Bulkers >1, dwt. Tankers >1, dwt May Tanker Newbuildings on Order VLCC Aframax Products Suezmax Panamax Bulker Newbuildings on Order Capesize Panamax Handymax Handysize May May Newbuilding Historical Prices ($m) Tankers May , DWT , DWT , DWT , DWT Bulkers 18, DWT , DWT , DWT , DWT Before 21 sizes to read 28, - 14, - 95, - 4, respectively for tankers and 15, - 69, for Bulkers 2 Single Hull 3 3, DWT (note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)

11 11 The Shipbuilding Market TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES BULK 82 Jinling Shipyard Mio Densay Shipping & Trad. BULK 66 Mitsui SB 214 Niovis Shipping Co. BULK 76 Jiangnan SY Group Mio Shenhua Zhonghai BULK 76 Jiangnan SY Group Mio Shenhua Zhonghai BULK 76 Jiangnan SY Group Mio Shenhua Zhonghai BULK 76 Jiangnan SY Group Mio Shenhua Zhonghai BULK 76 Jiangnan SY Group Mio Shenhua Zhonghai BULK 82 Jinling Shipyard Mio Soloi Inc. BULK 82 Jinling Shipyard Mio Soloi Inc. BULK 76 Shanhaiguan S/Y 214 Shenhua Zhonghai BULK 76 Shanhaiguan S/Y 214 Shenhua Zhonghai BULK 64 Sainty SB (Yangzhou) Mio Shun Gao Shipping BULK 64 Sainty SB (Yangzhou) Mio Shun Gao Shipping BULK 64 Sainty SB (Yangzhou) Mio Shun Gao Shipping BULK 64 Sainty SB (Yangzhou) Mio Shun Gao Shipping BULK 64 Sainty SB (Yangzhou) Mio Shun Gao Shipping BULK 64 Sainty SB (Yangzhou) Mio Shun Gao Shipping BULK 395 Zhejiang Yangfan Mio d'amico Ireland BULK 395 Zhejiang Yangfan Mio d'amico Ireland BULK 395 Zhejiang Yangfan Mio d'amico Ireland BULK 395 Zhejiang Yangfan Mio d'amico Ireland BULK 395 Zhejiang Yangfan Mio d'amico Ireland BULK 395 Zhejiang Yangfan Mio d'amico Ireland BULK 64 Jinhai Heavy Ind Mio Laskaridis Shp BULK 64 Jinhai Heavy Ind Mio Laskaridis Shp Bunkering 45 Ningbo Dongfang 213 Zhangjiang Fuda Spg Bunkering 45 Ningbo Dongfang 213 Zhangjiang Fuda Spg Bunkering 65 Ningbo Dongfang 213 Huayun Shipping Bunkering 65 Ningbo Dongfang 213 Huayun Shipping Drillship Samsung H.I Mio Seadrill Ethy / LPG 225 Jiangnan SY Group Mio Navigator Gas Ethy / LPG 225 Jiangnan SY Group Mio Navigator Gas Hvy Dk Cargo 31 STX Dalian Mio STX Pan Ocean LIVESTOCK 9 Sungdong S.B. 214 Pembangunan Buka LIVESTOCK 9 Sungdong S.B. 214 Pembangunan Buka LIVESTOCK 9 Sungdong S.B. 214 Pembangunan Buka LIVESTOCK 9 Sungdong S.B. 214 Pembangunan Buka LIVESTOCK 9 Sungdong S.B. 214 Pembangunan Buka LIVESTOCK 145 Sungdong S.B. 215 Pembangunan Buka LIVESTOCK 145 Sungdong S.B. 215 Pembangunan Buka LIVESTOCK 145 Sungdong S.B. 215 Pembangunan Buka LIVESTOCK 145 Sungdong S.B. 215 Pembangunan Buka LIVESTOCK 145 Sungdong S.B. 215 Pembangunan Buka LNG 84 Hyundai H.I. 214 Brunei Gas Carriers LNG 89 Daewoo 214 Almi Gas S.A. LNG 89 Daewoo 214 Almi Gas S.A. LPG 23 STX Shipbuilding Mio Soc. Nav. Ultragas LPG 23 STX Shipbuilding Mio Soc. Nav. Ultragas MSV Kleven Werft 213 Rem Maritime AS PCC 19 Imabari S.B. 214 Zodiac Maritime Agy. PCC 19 Imabari S.B. 214 Zodiac Maritime Agy. PCC 16 Hyundai H.I. 213 Eurokor Car Carriers PCC 16 Hyundai H.I. 213 Eurokor Car Carriers PROD 4984 STX Dalian Mio Tanker Pacific Mngt. PROD 4984 STX Dalian Mio Tanker Pacific Mngt. PROD 4984 STX Dalian Mio Tanker Pacific Mngt. PROD 4984 STX Dalian Mio Tanker Pacific Mngt. PROD 496 STX Shipbuilding 213 Alterna Capital PROD 496 STX Shipbuilding 213 Alterna Capital

12 12 PROD 51 SPP Shipbuilding Mio Maruta Industries PROD 51 SPP Shipbuilding Mio Maruta Industries PROD 135 Song Thu 213 DSM Maritime PROD 135 Song Thu 213 DSM Maritime PROD 135 Song Thu 213 DSM Maritime PROD 135 Song Thu 213 DSM Maritime PROD 11 Dalian Shipbuilding Mio Seatankers Mngt. PROD 11 Dalian Shipbuilding Mio Seatankers Mngt. PROD 5 STX Shipbuilding 213 Greek Interest PROD 5 STX Shipbuilding 213 Greek Interest Seismic Istanbul Shipyard Mio (EUR) Govt of Turkey TANKER 31 I.H.I. 215 JX Spg Co Ltd. TANKER 31 I.H.I. 215 JX Tankers Co Ltd. TANKER 318 Universal S.B. 214 Kyoei Tanker Co.

13 Million dwt USD/ton USD/ton 13 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 415 /lt Ldt USD 44 /lt Ldt Bangladesh USD 43 /lt Ldt USD 455 /lt Ldt Pakistan USD 42 /lt Ldt USD 44 /lt Ldt China USD 375 /lt Ldt USD 4 /lt Ldt Average Price Tankers JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Average Price Bulkers JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 4 38 Total Demolition (Dwt)

14 USD/ton 14 6 Historical Demolition Prices TANKERS BULKERS HISTORICAL DEMOLITION PRICES (*Year s End) TANKER BULKER India TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK BRAZILIAN LADY Incl 22 Mt Aluminium on board BULK PLUTO BULK SAFMARINE ANGOLA BULK SWATIRANI BULK ROYAL DIAMOND BULK BLUE MARINER BULK CASTILLO DE MONTALBAN BULK TRANS GULF CONT MSC CHANECA CONT MSC SAMANTHA CONT MSC PEGGY CONT MSC FINLAND CONT MSC HAILEY REEF MARSAS REEF SILVER STOCKHOLM REEF AFRICA REEFER REEF SPRING BOB Asis Fujairah RORO ATLANTIC SPIRIT TANK BOW FERTILITY Incl 22 T Stst TANK BOW PEACE Incl 265 T Stst TANK BOW PRIDE Incl 22 T Stst TWEEN SEA WIND TWEEN MSC INDIA

15 15 Bangladesh TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK SIBONEY BELLE Incl 25 T RoB BULK ORIENTAL KEY BULK KS CHALLENGER BULK KS FRONTIER BULK OCEAN STAR BULK GOOD UNION BULK FRANCESCO BULK GLORYSUN Asis Spore With 2 T RoB BULK MEI HUA BULK GOOD PURPOSE Asis China With RoB BULK GLORY FUZHOU BULK BONAFIDE BULK AMBER STAR BULK KATSURAGI MARU Incl Extra RoB BULK SYDNEY Incl Full Spares on board BULK HANJIN DAMPIER COMBO CENTRAL CARRIER Asis Spore With Sufficient RoB COMBO GLORY RIZHAO CONT ELSIN RANI CONT STELLAR PACIFIC CONT GREAT PRIDE TANK ANJASMORO Asis Spore China TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK CENTAURUS Incl 25 T RoB BULK MEI SHAN GANG BULK AN SHUN BULK ATLANTIC MAJESTY Incl 3 T RoB BULK MARANATA BULK CAPE WARRIOR BULK BET FIGHTER Incl 5 T RoB BULK STONEGATE TWEEN ORIENT PACIFIC Asis Spore Pakistan TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK EMINE BULK MOHAVE MAIDEN COMBO ADRIATIC SEA COMBO ALASKAN SEA TANK BLUEFIN

16 16 Turkey TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK SERGEY SMIRNOV BULK SANTANA BULK VIKTOR KHARA RORO ECS CHRISTINA I REEF BRASIL STAR Other TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK WELWIND Asis Spore

17 USD/ton USD/ton 17 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 (MDO) Rotterdam Fujeirah Houston Average Trend HISTORICAL BUNKER PRICES Rotterdam Fujeirah Houston 38 cst MDO 38 cst MDO 38 cst MDO May

18 $/Barrel USD-EUR USD-JPY 18 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 * 28/5/212 values

19 19 S T O C K W A T C H NAME TICKER THIS MONTH* LAST MONTH CHANGE % 52w HIGH 52w LOW NewLead Holdings NEWL Capital Product Partners CPLP Diana Shipping DSX Dryships DRYS Eagle Bulk EGLE Euroseas ESEA Excel Martime EXM Freeseas FREE Genco Shipping&Trading GNK Costamare Inc. CMRE Goldenport GPRT Navios NM GasLog LNG Services GLOG Paragon PRGN Safe Bulkers SB Star Bulk SBLK Stealthgas GASS TEN TNP TOP Ships TOPS * 25/5/212 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,