ATHENIAN SHIPBROKERS S.A.

Transcription

1 Dec-5 Apr-6 Aug-6 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 , 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 215 PRICES TANKERS ($ MIO) * Prices reflect Year s End 29* 21* 211* 212* 213* 214* Dec-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* Dec-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 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 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-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Total BULK TANK GAS CONT TWEEN REEF RORO FERRY 1 1 CRUISE 1 Total

4 4 Baltic Clean Tanker - Yearly WEEK NO Baltic Dirty Tanker - Yearly WEEK NO Baltic Clean Tanker - Monthly Baltic Dirty Tanker - Monthly /12/215 8/12/215 15/12/215 22/12/ /12/215 8/12/215 15/12/215 22/12/215 TANKER SALES NAME DWT BLT PRICE $ BUYER NORDIC TRINE TURKEY DH 7.2 MIO THUN SHIPPING (Marineline) HOSHO JAPAN DH 7 MIO UNDISCLOSED (STST) MOOR KOREA DH 9.5 MIO ENBLOC BSS BEN KOREA DH 9.5 MIO ENBLOC BSS FEN KOREA DH 9.5 MIO ENBLOC BSS GLEN KOREA DH 8.7 MIO EUROPEAN (Price Each) SONGA HAWK CHINA DH 12.8 MIO S KOREAN (Epoxy - IMO II/III) LODESTAR GRACE JAPAN DH 11 MIO SINGAPOREAN (STST) SICHEM CONTESTER JAPAN DH 22 MIO UNDISCLOSED (STST) FREJA MAERSK KOREA DH 12.4 MIO UNDISCLOSED (IMO II/II) SAFFO CHINA DH 18 MIO AP MOLLER (Epoxy) CARLA MAERSK KOREA DH 12 MIO UNDSICLOSED (Zinc) PORTLAND PEARL KOREA DH 9 MIO FAR EASTERN (Epoxy) SAVANNAH JAPAN DH 8.3 MIO MID EASTERN NAVE LUCIDA JAPAN DH 18 MIO UNDICSLOSED FRONT ARROW KOREA DH 34 MIO ENBLOC BSS FRONT AVON KOREA DH 34 MIO ARDMORE (Price each) LA BOHEME KOREA DH 28 MIO UNION MARITIME (Ice 1A) FUJI SPIRIT JAPAN DH 28 MIO ENBLOC BSS AMERICAS SPIRIT KOREA DH 28 MIO GREEK (Price each. Incl TC)

5 $/Day $/Day 5 GAS SALES NAME DWT BLT CBM PRICE $ BUYER CGM LEOPARD ITALY MIO UNDISCLOSED SUN ARIES JAPAN MIO GREEK Spot Market - Tankers VLCC SUEZMAX AFRAMAX Dec-14 Feb-15 Apr-15 Jun-15 Aug-15 Oct-15 Dec Period Market - Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX Dec-14 Feb-15 Apr-15 Jun-15 Aug-15 Oct-15 Dec-15

6 6 Baltic Handysize /12/215 8/12/215 15/12/215 22/12/ Baltic Supramax /12/215 8/12/215 15/12/215 22/12/215 Baltic Panamax /12/215 8/12/215 15/12/215 22/12/215 Baltic Capesize /12/215 8/12/215 15/12/215 22/12/215 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER SEYIT ALI TURKEY GLESS 3 MIO TURKISH TENNA BULKER JAPAN CR 4X MIO VIETNAMESE AMINE BULKER JAPAN CR 4X3 6.3 MIO VIETNAMESE (waived inspection) ECO DISCOVERY JAPAN CR 4X3 4 MIO EUROPEAN KALLIROI K JAPAN CR 4X3 6 MIO UNDISCLOSED (Via Auction) OCEAN LARK KOREA CR 4X3 9.5 MIO UNDISCLOSED PACIFIC DOLPHIN JAPAN CR 4X MIO CHINESE PACIFIC PRIMATE JAPAN CR 4X MIO ENBLOC BSS PACIFIC SCORPIO JAPAN CR 4X MIO CHINESE (Price Each) KARAVADOS JAPAN CR 4X3 5.5 MIO UNDISCLOSED GLOBAL LEGACY JAPAN CR 4X3 6.5 MIO CHINESE FURNESS KARUMBA JAPAN CR 4X3 3.9 MIO UNDISCLOSED (SS/DD D 4/216) SANTA FE JAPAN CR 4X3 3.3 MIO UNDISCLOSED (SS/DD D 2/216) SAPPHIRE SEAS CHINA CR 4X3 * ENBLOC BSS DIAMOND SEAS JAPAN GLESS * ENBLOC BSS PEARL SEAS CHINA GLESS 15.5 MIO UNDISCLOSED (Ttl Price) VEGA ARIES CHINA CR 4X3 1 MIO UNDISCLOSED BULK AMERICAS PHILIPPINES CR 4X MIO SHAMROCK BULK HONDURAS PHILIPPINES CR 4X3 12 MIO UNDISCLOSED GHENT MAX JAPAN GLESS 3.5 MIO FAR EASTERN HE MING CHINA GLESS 1 MIO CHINESE MARITIME HARESHIO JAPAN GLESS 8.1 MIO GREEK BRUNHILDE SALAMON JAPAN GLESS 4.7 MIO CHINESE (SS/DD D 7/216)

7 $/Day $/Day 7 PRT FUTURE JAPAN GLESS 19 MIO UNDISCLOSED TSU EBISU JAPAN GLESS 23 MIO ENBLOC BSS MAGNUM OPUS JAPAN GLESS 23 MIO GREEK (Price Each) ABY VIRGINIA JAPAN GLESS 24.5 MIO UNDISCLOSED ARCHIMEDES KOREA GLESS 14.6 MIO GREEK (via bank) NCS BEIJING JAPAN GLESS 13.9 MIO UNDISCLOSED IKAN KURAU JAPAN GLESS 6.2 MIO OLDENDORFF (laid up) BULK AUSTRALIA JAPAN GLESS 9.2 MIO GREEK PIERRE LD KOREA GLESS 12.2 MIO UNDISCLOSED (SS/DD passed) SBI MONTECRISTO KOREA GLESS 38.9 MIO ENBLOC BSS SBI MADURO CHINA GLESS 38.9 MIO ENBLOC BSS SBI AROMA KOREA GLESS 38.9 MIO ENBLOC BSS SBI COHIBA KOREA GLESS 38.9 MIO ENBLOC BSS SBI PURO CHINA GLESS 38.9 MIO ENBLOC BSS SBI VALRICO CHINA GLESS 38.9 MIO ZODIAC (Price Each) INDOMITABLE JAPAN GLESS 38 MIO ENBLOC BSS DEEP BLUE JAPAN GLESS 38 MIO GREEK (Price Each) ORE SHANDONG CHINA GLESS * ENBLOC BSS ORE HEBEI CHINA GLESS * ENBLOC BSS ORE CHINA CHINA GLESS * ENBLOC BSS ORE DONGJIAKOU CHINA GLESS 423 MIO CHINESE (Ttl Price) Spot Market - Bulkers Dec-14 Feb-15 Apr-15 Jun-15 Aug-15 Oct-15 Dec CAPESIZE PANAMAX HANDYMAX Period Market - Bulkers 1 Year T/C Dec-14 Feb-15 Apr-15 Jun-15 Aug-15 Oct-15 Dec CAPE PMAX HANDYMAX

8 8 CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER MADELEINE CHINA CR 2X MIO UNDISCLOSED HANSE RELIANCE CHINA CR 2X MIO UNDISCLOSED ASPIRATION JAPAN GLESS MIO KHARIS CMA CGM OTELLO KOREA GLESS MIO UNDISCLOSED (Incl 1 yr BB Back + 4 yrs TC Back) ANDRONIKOS KOREA GLESS 9443 * ENBLOC BSS AISOPOS KOREA GLESS MIO MPP/TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER NICOLA 55 2 NETHERLANDS GLESS MIO GERMAN QI DONG GERMANY CR 2X MIO INDIAN RORO/PASS SALES NAME GT BLT LMTRS/CARS PAX PRICE $ BUYER WIND PERFECTION GERMANY 7 / MIO MC-SEAMAX (Ttl Price. Incl TC Attached) MOBBY (used as accommodation vsl) IONIAN QUEEN JAPAN... / MIO GREEK (Via auction. Laid up)

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 Dec-13 Apr-14 Aug-14 Dec-14 Apr-15 Aug-15 Dec Dec-13 Apr-14 Aug-14 Dec-14 Apr-15 Aug-15 Dec-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 2 2 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 Delivery Schedule Bulkers >1, dwt. Tankers >1, dwt Dec Tanker Newbuildings on Order December 215 VLCC Aframax Products 15.7 Suezmax Panamax Bulker Newbuildings on Order Capesize Panamax Handymax Handysize December 215 Newbuilding Historical Prices ($m) Tankers Dec , DWT , DWT , DWT , DWT Bulkers 18, DWT , DWT , DWT , DWT Before 21 sizes to read 28, - 14, - 95, - 4, respectively for tankers and 15, - 69, for Bulkers 2 Single Hull 3 3, DWT (note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)

11 11 The Shipbuilding Market TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES AHTS 47 Huangpu Wenchong 217 Guangzhou Salvage AHTS 47 Huangpu Wenchong 217 Guangzhou Salvage AHTS 47 Huangpu Wenchong 217 Guangzhou Salvage Bulk 256 CSC Qingshan SY 218 Eur 32. Mio ESL Shipping Oy Bulk 256 CSC Qingshan SY 218 Eur 32. Mio ESL Shipping Oy Bulk 835 Jiangsu New YZJ 218 Torvald Klaveness Bulk 835 Jiangsu New YZJ 218 Torvald Klaveness Bulk 835 Jiangsu New YZJ 218 Torvald Klaveness Bulk 835 Jiangsu New YZJ 219 Torvald Klaveness Option Bulk 835 Jiangsu New YZJ 219 Torvald Klaveness Option Bulk 835 Jiangsu New YZJ 219 Torvald Klaveness Option Chem & Oil 5 CSSC Offshore Marine Mio Stena Bulk Chem & Oil 5 CSSC Offshore Marine Mio Stena Bulk Chem & Oil 5 CSSC Offshore Marine Mio Stena Bulk Chem & Oil 5 CSSC Offshore Marine Mio Stena Bulk Optio Chem & Oil 5 CSSC Offshore Marine Mio Stena Bulk Option Chem & Oil 175 Taizhou Kouan SB 218 Stenersen A/S Chem & Oil 175 Taizhou Kouan SB 218 Stenersen A/S Chem & Oil 175 Taizhou Kouan SB 218 Stenersen A/S Option Chem & Oil 175 Taizhou Kouan SB 218 Stenersen A/S Option Chem & Oil 22 Huatai Hvy. Ind. 217 TB Marine Hamburg Chem & Oil 22 Huatai Hvy. Ind. 217 TB Marine Hamburg Chem & Oil 22 Huatai Hvy. Ind. 218 TB Marine Hamburg Option Chem & Oil 22 Huatai Hvy. Ind. 218 TB Marine Hamburg Option Chem & Oil 29 Huatai Hvy. Ind. 217 TB Marine Hamburg Chem & Oil 29 Huatai Hvy. Ind. 217 TB Marine Hamburg Chem & Oil 29 Huatai Hvy. Ind. 218 TB Marine Hamburg Option Chem & Oil 29 Huatai Hvy. Ind. 218 TB Marine Hamburg Option Cruise Nichols Bros Mio Lindblad Expeditions Cruise Nichols Bros Mio Lindblad Expeditions Ethane/LPG 5 Dalian Shipbuilding 217 JHW Engineering Ethane/LPG 5 Dalian Shipbuilding 218 JHW Engineering Ethane/LPG 5 Dalian Shipbuilding 218 JHW Engineering Ethane/LPG 5 Dalian Shipbuilding 218 JHW Engineering Ethane/LPG 5 Dalian Shipbuilding 218 JHW Engineering L.P.G. 55 Hyundai HI 217 SK Shipping L.P.G. 55 Hyundai HI 218 SK Shipping Option L.P.G Hyundai HI Mio KSS Line Ltd. Maintenance Cemre Shipyard 217 ESVAGT MSV 56 Wuchang SB Group 218 Ultra Deep Solutions MSV 56 Wuchang SB Group 218 Ultra Deep Solutions Unconfirmed Order Products 74 Jiangsu Hantong HI 217 Ernst Jacob Products 74 Jiangsu Hantong HI 217 Ernst Jacob Products 74 Jiangsu Hantong HI 217 Ernst Jacob Option Products 74 Jiangsu Hantong HI 217 Ernst Jacob Option Products 74 Jiangsu Hantong HI 218 Ernst Jacob Option Products 74 Jiangsu Hantong HI 218 Ernst Jacob Option Products 74 Jiangsu Hantong HI 218 Ernst Jacob Option Products 74 Jiangsu Hantong HI 218 Ernst Jacob Option Products 115 CSSC Offshore Marine Mio TORM A/S Products 115 CSSC Offshore Marine Mio TORM A/S Products 115 CSSC Offshore Marine Mio TORM A/S Products 115 CSSC Offshore Marine Mio TORM A/S Products 115 CSSC Offshore Marine 218 TORM A/S Option Products 115 CSSC Offshore Marine 218 TORM A/S Option Products 115 CSSC Offshore Marine 219 TORM A/S Option Tanker 31 Dalian Shipbuilding 217 China VLCC Tanker 31 Dalian Shipbuilding 217 China VLCC

12 12 Tanker 31 Dalian Shipbuilding 218 China VLCC Tanker 31 Dalian Shipbuilding 218 China VLCC Tanker 31 Dalian Shipbuilding 218 China VLCC Tanker 31 Dalian Shipbuilding 218 China VLCC Tanker 31 Nantong COSCO KHI Mio China VLCC Tanker 31 Nantong COSCO KHI Mio China VLCC Tanker 31 Dalian COSCO KHI 217 China VLCC Tanker 31 Dalian COSCO KHI 217 China VLCC Tanker 159 CIC (Jiangsu) 218 Marine Management Tanker 115 CIC (Jiangsu) 218 Marine Management

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 285 /lt Ldt USD 3 /lt Ldt Bangladesh USD 28 /lt Ldt USD 295 /lt Ldt Pakistan USD 275 /lt Ldt USD 29 /lt Ldt China USD 125 /lt Ldt USD 14 /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

14 USD/ton 14 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 TRUSTWORTHY BULK TOLEDO BULK AFRICAN BULK ISMAIL DEEB Full spares BULK ATLANTIS BULK FORCE-ONE BULK ZENA A BULK ARISTIDES N.P BULK SAMJOHN LIGHT BULK AQUAFAITH Sub-cont option BULK KING DAVID CONT DORIKOS CONT THERMAIKOS CONT NORTHERN DIVERSITY As is Spore CONT PHILADELPHIA As is Spore CONT HANJIN MARSEILLES Bangladesh TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK TANTO FAJAR I BULK CHANG FENG I BULK LI HUA As is Taiwan incl 2T ROB BULK SUJITRA NAREE BULK BEI LUN HAI BULK XIN SHANG BULK RUI FU STAR BULK QI YUAN BULK EVERGLORY BULK BALTHAZAR BULK ELECTRONICA As is Spore incl 75T ROB BULK COLLONGES

15 15 BULK LADOGA CONT DESPINA P CONT ZIM IBERIA CONT MOL VALUE RORO SPAN ASIA TANK NANHAI KAI TUO 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 EIRINI L Full Spares BULK LUCIJA BULK DONA ZOITSA BULK NEW SMART Incl 6T ROB BULK RENUAR BULK GO PUB BULK PAVIAN BULK ANGARA BULK ARETI 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 GNS DONGHAE Full sub-cont option BULK COURAGE As is Hong Kong BULK FELICIA As is Spore. Incl abt 77T ROB CONT ANDRE RICKMERS As is Jebel Ali. Incl 2T ROB CONT KOTA MAJU As is Fujairah. Incl 15T ROB CONT MARUBA SIMMONS As is Persian Gulf CONT SINGAPORE As is Philippines

16 USD/ton USD/ton 16 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

17 $/Barrel USD-EUR USD-JPY 17 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 * 29/12/215 values

18 18 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 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. TEU Diana Containerships Inc. DCIX Danaos Corporation DAC Aegean Marine Petroleum ANW * 29/12/215 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,