NILIMAR Ships Sale & Purchase MARKET REPORT WEEK 19

Transcription

1 NILIMAR Ships Sale & Purchase MARKET REPORT WEEK 19 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 11 th May There is not much excitement to write about this Monday as last week was fairly uneventful all round. To summarize: The BDI was little changed, only lower by a marginal -1.64% w-o-w, because whilst the BPI continued its minor adjustment by falling a further -13.5%, that was nearly all offset by gains of +2.5% for the BCI, and +2.3% by the BHSI, with the BSI basically standing still. Looking at todays activity we sense an overall slightly negative trend across the dry freight sector at the moment. On the S+P front it appears that 90's built tonnage is the predominant purchase at this time in both wet and dry sectors, but we suspect that is more to do with what is available for sale rather than what buyers really want, ie we believe there are plenty of buyers who would buy 2000's built tonnage if it were available. Definitely there are now a lot more willing buyers shopping around, but with new vessels still delivering in their droves during 2012 and plenty of owners under financial strain we feel it will remain a buyer's market for quite a few months more. Having said that - buyers should also not leave it to late to do their 'shopping' either since overall we doubt levels will fall a great deal further from where they are today. The demolition sector appears to have finally reversed its bullish buying sentiment into a more bearish one during the past week, with rates on offer weakening from all major destinations. This is a continuation of what we have been reporting in the past few weeks; all major demolition yards (in both the sub continent and China) now have plenty of purchased 'stock' tonnage in hand to be getting on with, budgets are approaching in Bangladesh and Pakistan, local scrap steel prices have fallen in India and China, and the monsoon season has started during which the affected yards usually have less manual workers on hand. 1

2 NILIMAR Ships Sale & Purchase JAG PRADIP 45,683 03/1996 SINBAD ,892 03/1995 ALPHA PRESTIGE ALPHA POWER ALPHA PROSPERITY NORDIC VICTORY NORDIC GLORY TRANS SCANDIC 8,420 09/1995 8,339 07/1996 8,248 06/1995 6,925 11/2006 6,954 09/2007 6,760 02/1992 ANGIMAR 5,841 11/2001 HANJIN, AESA, SPAIN ATLANTIS, SINGAPORE ATLANTIS, SINGAPORE ATLANTIS, SINGAPORE USMED, TURKEY MEDYILMAZ, TURKEY SUERKEN, GERMANY SAHIN, TURKEY TANKERS HULL DH 9.00M UNDISCLOSED DH 6.80M UNDISCLOSED BSS SS+DD PASSED DH 3.65M UNDISCLOSED EACH DH 3.65M UNDISCLOSED DH 3.65M UNDISCLOSED DH P+C SWISS BASED EACH DH P+C SWISS BASED DH 5.80M UNDISCLOSED DH 7.25M EU BASED COMBO GEAR / PUMPS UMM SHAIF 4,316 04/1991 KARNEI, GAS CBM M UNDISCLOSED - 2

3 NILIMAR Ships Sale & Purchase BALTIC TANKER INDICES Week BDTI 11 BCTI 11 BDTI 12 BCTI 12 3

4 NILIMAR Ships Sale & Purchase CAPE ORCHID 172,569 03/2001 RUBY CREST 73,330 11/1997 EASTERN QUEEN 70,196 07/1994 SERASIH 2 48,913 04/1999 SELARAS 45,734 10/1994 SANKO RALLY 42,529 09/1994 APOLLO 27,912 05/1996 GLOBAL EXPLORER 24,800 01/1996 BULKERS NKK, HALLA, DAEWOO, ISHIKAWAJIMA, TSUNEISHI, NAMURA, NAIKAI, SHIN KURUSHIMA, GEAR M ESE M CHINESE GLESS 9.80M CHINESE INCL BB BACK TO K LINE CR4x25T 12.00M UNDISCLOSED EACH CR4x25T 8.50M UNDISCLOSED CR4x30T 9.00M BANGLADESHI CR4x30T 8.00M GREEK CR4x30T 8.25M UNDISCLOSED INCL 3YRS TC AT USD 7850PD 4000 BALTIC DRY INDICES BDI 11 BCI 11 BPI 11 BSI 11 BHSI 11 BDI 12 BCI 12 BPI 12 BSI 12 BHSI 12 Week 4

5 NILIMAR Ships Sale & Purchase INDICATIVE REPORTED FIXTURES RATE CHARTERERS DURATION ALPHA COSMOS , $/D STX 4/6 MONTHS FORTUNE MIRACLE , $/D CNR 4/7 MONTHS IVS MERLOT , $/D COPENSHIP 4/6 MONTHS ZAGORA , $/D SWISS MARINE 4/6 MONTHS FEGGITES , $/D CNR 6/12 MONTHS AKTEA R , $/D BUNGE 3/5 MONTHS BALTIC DRY INDICES BDI BCI BPI BSI BHSI PREVIOUS WEEK CURRENT WEEK + /

6 NILIMAR Ships Sale & Purchase TWEEN / MPP / GENERAL CARGO GEAR CONTAINER GEAR TEU BLACK EAGLE 32,709 12/1983 FRANCE CR4x40T M US BASED BUNGA TERATAI EMPAT BUNGA TERATAI TIGA 24,561 10/ ,554 07/1998 ACX SAKURA 24,382 03/1995 IPANEMA 24,378 05/1995 IZU 24,365 02/1997 WARNOW TRADER 22,250 12/1996 ID ASIA 12,577 08/1993 DAEWOO, DAEWOO, SHIN KURUSHIM A, SHIN KURUSHIM A, SHIN KURUSHIM A, MTW, GERMANY SZCZECINSKA POLAND M M CR2x40T M CR2x40T M CR2x40T M SINGAPORIAN (SEA CONSORTIUM) SINGAPORIAN (SEA CONSORTIUM) USA BASED (SEACHANCE MARITIME) USA BASED (SEACHANCE MARITIME) USA BASED (SEACHANCE MARITIME) CR3x40T M GERMAN CR2x40T M UNDISCLOSED EACH EACH REEF REEF. CAP/TY GEAR PCC/ RORO / PASS CARS/ LM PAX COMMENT 6

7 NILIMAR Ships Sale & Purchase DEMOLITION INDIA BOW PRIDE TANK 45, , INCL 220T ST ST BOW FERTILITY TANK 45, , INCL 220T ST ST MSC FINLAND CONT 40, , AFRICA REEFER SILVER STOCKHOLM BRAZILIAN LADY REEF 8, , REEF 6, , REEF 6, , INCL 22T ALUMINUM GENMAR ALEXANDRA DEMOLITION PAKISTAN TANK 102, , OLD SALE DEMOLITION BANGLADESH AMBER STAR BULK 181, , GLORY RIZHAO COMBO 169, , GLORY FUZHOU BULK 153, , KS FRONTIER BULK 42, , KS CHALLENGER BULK 41, , DEMOLITION CHINA STONEGATE BULK 187, , BET FIGHTER BULK 173, , INCL 500T BUNKERS CAPE WARRIOR BULK 146, , DEMOLITION TURKEY DEMOLITION MISC 7

8 NILIMAR Ships Sale & Purchase DELY NEWBUILDINGS BULK 76, /14 JIANGNAN 28.00M SHENHUA ZHONGHAI SHIPPING 6 UNITS BULK 64, /14 SAINTY MARINE CORP 27.50M SHUN GAO SHIPPING 6 UNITS BULK 39, HYUNDAI MIPO P+C GSD MARIN 2 UNITS TANK 310,000 - IHI M JX GROUP 2 UNITS TANK 115, /14 DALIAN 44.00M FRONTLINE GROUP 2+2 OPTION MARKET RATES BRENT GBP USD USD K WON USD YEN EURO USD PREVIOUS WEEK , CURRENT WEEK + / ,