ATHENIAN SHIPBROKERS S.A.

Transcription

1 Dec-6 Apr-7 Aug-7 Dec-7 Apr-8 Aug-8 Dec-8 Apr-9 Aug-9 Dec-9 Apr-1 Aug-1 Dec-1 Apr-11 Aug-11 Dec-11 Apr-12 Aug-12 Dec-12 Apr-13 Aug-13 Dec-13 Apr-14 Aug-14 Dec-14 Apr-15 Aug-15 Dec-15 Apr-16 Aug-16 Dec , 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 December 216 PRICES TANKERS ($ MIO) * Prices reflect Year s End 21* 211* 212* 213* 214* 215* Dec-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* Dec-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 6. Monthly Bulk Carrier Market Trend 35 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 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Total BULK TANK GAS CONT TWEEN/MPP REEF RORO FERRY 1 1 CRUISE Total

4 4 Baltic Clean Tanker - Yearly WEEK NO Baltic Dirty Tanker - Yearly WEEK NO 216 Baltic Clean Tanker - Monthly /12/216 12/12/216 21/12/216 Baltic Dirty Tanker - Monthly /12/216 12/12/216 21/12/216 TANKER SALES NAME DWT BLT PRICE $ BUYER CRYSTAL WEST BULGARIA DH 3.4 MIO ENBLOC BSS CRYSTAL ZUID BULGARIA DH 3.4 MIO CHINESE (Price each. STST. Ice-1A) ORIENTAL CLEMATIS JAPAN DH 13.5 MIO UNDISCLOSED (STST) MERMAID EXPRESS JAPAN DH 9.2 MIO GREEK WELWITSCHIA KOREA DH 5.1 MIO WILMAR (Epoxy, Ice IC) BRITISH LOYALTY KOREA DH 12.4 MIO ENBLOC BSS BRITISH UNITY KOREA DH 12.4 MIO ENBLOC BSS BRITISH LIBERTY KOREA DH 12.4 MIO GREEK (Price each) ATHENS STAR CHINA DH 12 MIO UNDISCLOSED (Epoxy) AEGEAN PRIDE KOREA DH 1.5 MIO CHINESE GENER8 PERICLES JAPAN DH 14 MIO HENGTONG RATNA SHRUTI KOREA DH MIO ENBLOC BSS RATNA SHRADHA KOREA DH MIO ENBLOC BSS RATNA NAMRATA KOREA DH 23 MIO ENBLOC BSS RATNA SHALINI KOREA DH 26 MIO UNDISCLOSED (Price each) NISSOS KYTHNOS KOREA DH 27 MIO GREEK NISSOS DELOS KOREA DH 3 MIO GREEK GENER8 SPYRIDON KOREA DH 14.5 MIO GREEK BW ULAN KOREA DH 23.8 MIO SEVEN ISLANDS GENER8 ULYSSES KOREA DH 31 MIO SBM (Long subs)

5 $/Day $/Day 5 GAS SALES NAME DWT BLT CBM PRICE $ BUYER GAS MADURA JAPAN MIO DUCK YANG GAS NURI ARIZONA JAPAN MIO UNDISCLOSED PARACAS BULGARIA MIO MANTA Spot Market - Tankers VLCC SUEZMAX AFRAMAX Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 Period Market - Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec

6 6 66 Baltic Handysize 1 Baltic Supramax /12/216 12/12/216 21/12/ /12/216 12/12/216 21/12/216 Baltic Panamax /12/216 12/12/216 21/12/216 Baltic Capesize /12/216 12/12/216 21/12/216 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER QIN FENG CHINA CR 3X MIO CHINESE (Via Auction) PAROS JAPAN CR 4X3 2.7 MIO EGYPTIAN CLIPPER LOTUS JAPAN CR 4X3 7.5 MIO FAR EASTERN MARDI GRAS JAPAN CR 4X3 6.4 MIO VIETNAMESE NEWLEAD ALBION CHINA CR 4X3 6 MIO ENBLOC BSS NEWLEAD VENETICO CHINA CR 4X3 6 MIO SINGAPOREAN (Price Each) PUFFIN CHINA CR 4X4 3.8 MIO UNDISCLOSED BAOFENG JAPAN CR 4X3 2.5 MIO UNDISCLOSED AURORA CHRISTINE JAPAN CR 4X3 4.9 MIO UNDISCLOSED GENCO WISDOM JAPAN CR 4X3 3.2 MIO ENBLOC BSS GENCO PROSPERITY JAPAN CR 4X3 3.2 MIO CHINESE (Price each) GENCO SUCCESS JAPAN CR 4X3 2.8 MIO CHINESE ANASSA IOANNA JAPAN CR 4X3 6.8 MIO UNDISCLOSED REDWING CHINA CR 4X MIO UNDISCLOSED INGWAR SELMER JAPAN CR 4X MIO GREEK WESTERN TOKYO JAPAN CR 4X MIO GREEK K BRAVE JAPAN CR 4X3 9.4 MIO UNDISCLOSED TRIDENT CHALLENGER CHINA CR 4X MIO GREEK (Via Auction) PORTOROZ CHINA CR 4X3 9.5 MIO GREEK JUPITER CHINA CR 4X MIO UNDISCLOSED AMETHYST CHINA CR 4X3 9.5 MIO GREEK PACIFIC LAUREL CHINA CR 4X MIO UNDISCLOSED NEW TIMES CHINA CR 4X MIO GREEK NORDEMS KOREA GLESS 5.1 MIO CHINESE GUAN LAN HU JAPAN GLESS 5.1 MIO CHINESE

7 $/Day $/Day 7 SILVER FREEDOM JAPAN GLESS 7.5 MIO GREEK MAVERICK GUNNER KOREA GLESS 13.3 MIO GREEK (Via Auction) BSI CADOGAN CHINA GLESS 2 MIO UNDISCLOSED ANTONIS KOREA GLESS 16 MIO UNDISCLOSED WORLD SEAS CHINA GLESS 2.5 MIO ENBLOC BSS INSPIRING SEAS CHINA GLESS 2.5 MIO ENBLOC BSS BRIGHT SEAS CHINA GLESS 2.5 MIO GREEK (Price each) BULK BRASIL JAPAN GLESS 11.2 MIO UNDISCLOSED ORE MANGARATIBA KOREA GLESS 35.9 MIO ENBLOC BSS ORE BELO HORIZONTE KOREA GLESS 35.9 MIO ENBLOC BSS ORE PARA KOREA GLESS 35.9 MIO ENBLOC BSS ORE PANTANAL KOREA GLESS 32.3 MIO POLARIS (Price Each. Incl COAs) HANJIN NEWCASTLE KOREA GLESS 2.4 MIO ENBLOC BSS HANJIN PORT WALCOTT KOREA GLESS 22.6 MIO GREEK (Price each) FH ZHOU SHAN CHINA GLESS 28.5 MIO GREEK BULK HONG KONG JAPAN GLESS 13.8 MIO GREEK Spot Market - Bulkers Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 CAPESIZE PANAMAX HANDYMAX Period Market - Bulkers 1 Year T/C Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec CAPE PMAX HANDYMAX

8 8 CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER COVE ISLAND CHINA CR 2X MIO UNDISCLOSED E.R. VISBY CHINA GLESS MIO UNDISCLOSED MOUNT HALLOWERS CHINA CR 1X MIO ALGERIAN WEHR BILLE GERMANY CR 3X MIO CHINESE CITY OF GUANGZHOU CHINA CR 3X MIO GREEK HANJIN RIO DE JANEIRO KOREA GLESS MIO ENBLOC BSS HANJIN PIRAEUS KOREA GLESS MIO ENBLOC BSS HANJIN DURBAN KOREA GLESS MIO ENBLOC BSS HANJIN NORFOLK KOREA GLESS MIO KMTC (Price each) HANJIN GDYNIA KOREA GLESS MIO ENBLOC BSS HANJIN KINGSTON KOREA GLESS MIO ENBLOC BSS HANJIN MONACO KOREA GLESS MIO ENBLOC BSS HANJIN ATLANTA KOREA GLESS MIO SEASPAN (Price each) STADT FREIBURG KOREA GLESS 438 * ENBLOC BSS STADT COBURG KOREA GLESS 438 * ENBLOC BSS STADT MARBURG KOREA GLESS MIO CHINESE (Ttl Price) UASC ZAMZAM KOREA GLESS MIO HAPAG LLOYD (Incl 8mos TC) MPP/TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER N/A N/A N/A N/A RORO/PASS SALES NAME GT BLT LMTRS/CARS PAX PRICE $ BUYER TERMOLI JET NORWAY N/A MIO KS SHIPPING (Pass/Catamaran) LA PAZ STAR KOREA 185/ MIO GREEK

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 Dec-14 Apr-15 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 MR Bulker Prices Capesize Panamax Handymax Handysize Dec-14 Apr-15 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 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 MR Handy Small Total

10 m. dwt m. dwt No. of Vessels m. dwt 1 Newbuilding Sales Tankers >1, dwt Bulkers >1, dwt Containerships Dec-16 8 Delivery Schedule Bulkers >1, dwt. Tankers >1, dwt Dec VLCC Aframax Products December 216 Tanker Newbuildings on Order Suezmax Panamax Bulker Newbuildings on Order Capesize Panamax Handymax Handysize December 216 Tankers Newbuilding Historical Prices ($m) Dec , DWT , DWT , DWT , DWT Bulkers 18, DWT , DWT , DWT , DWT Before 21 sizes to read 28, - 14, - 95, - 4, respectively for tankers and 15, - 69, for Bulkers 2 Single Hull 3 3, DWT (note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)

11 11 The Shipbuilding Market TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES Container 8 Taizhou Kouan SB 218 PIL Container 8 Taizhou Kouan SB 218 PIL Option LNG Bunkering 5 Hyundai Mipo 218 Schulte Group LNG Bunkering 5 Hyundai Mipo 218 Schulte Group Option Oceangraph Jiangnan SY Group RMB Mio Ore 4 JMU Ariake Shipyard 219 NS United KK Pass/Car F. Imabari SB (Imabari) 218 Shikoku Kaihatsu Pass/Car F. Imabari SB (Imabari) 218 Shikoku Kaihatsu Pass/Car F. Fujian Funing S.B. 218 Unknown Indonesian Pass/Car F. Fujian Funing S.B. 218 Unknown Indonesian PCC 1 CSC Jinling Shipyard 218 Anji Automotive TSH Dredger Pella Sietas GmbH 218 WSV

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 28 /lt Ldt USD 3 /lt Ldt Bangladesh USD 29 /lt Ldt USD 31 /lt Ldt Pakistan USD 28 /lt Ldt USD 31 /lt Ldt China USD 23 /lt Ldt USD 24 /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 CONT HANSA KALYPSO As is Singapore (Green Recycling) CONT HANSA CASTELLA As is Singapore CONT MSC PERLE CONT WESTERHAMM CONT WILLI As is Singapore incl ROB for voy CONT CS DISCOVERY Incl 3T ROB CONT MSC LEANNE CONT MSC CAROLE GAS BW HAVFROST Green recycling RORO TYCHY TANK PACIFIC LADY Incl abt 8-9T STST TANK ZOJA II As is Lagos incl 65T ROB TANK ZOJA I As is Lagos incl 5T ROB TWEEN KING SUCCESS Bangladesh TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK HAWK BULK PACIFIC PIONEER BULK ELENI P BULK STAR DESPOINA BULK BERGE ATLANTIC CONT AS TAMINA CONT MARE ATLANTICUM As is Shanghai incl ROB for voy CONT MARE PHOENICIUM As is Singapore incl ROB for voy CONT KAETHE C. RICKMERS As is Malaysia RORO CITY OF TOKYO RORO ATLANTIC NAVIGATOR TWEEN MAGWAY

14 14 China TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK SUNNY NAPIER II Pakistan TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK AL AIN BULK JUMANA BULK GIORGOS B BULK VINALINES GLOBAL BULK CONFIGNON CONT COSCO TIANJIN Turkey As is Kakinada. Incl extra payment for ROB TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS N/A N/A N/A Other TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS CONT BELGICA As is Singapore CONT BRAVO As is Singapore CONT BOX MARLIN CONT BOX KINGFISH RORO SALZGITTER As is Dubai

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 Dec

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 * 3/12/216 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. FREE Costamare Inc. CMRE 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 /12/216 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,