MARKET REPORT - WEEK 06

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1 NILIMAR Ships Sale & Purchase MARKET REPORT WEEK 06 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDING FRIDAY FEBRUARY 09 TH 2007 NORDATLANTIC SEA CAT SEA JAGUAR LOYALTY CHANG HANG FEN JIN JO ROGN YARD TANKERS SUMITOMO HI YOKOSUKA, KAWASAKI HI SAKAIDE, KAWASAKI HI SAKAIDE, UDDEVALLAVARVET, SWEDEN BOHAI, KOCKUMS VARV, SWEDEN HULL DH M GERMAN KG PD UNTIL 2012 DS M NEW FRONTLINE DS M NEW FRONTLINE DH M UNDISCLOSED DH M TAIWANESE (FORMOSA PLASTICS) DB M UNDISCLOSED ENBLOC WITH JO GRAN JO GRAN KOCKUMS VARV, SWEDEN DB M UNDISCLOSED 2500 MONTHLY TANKER INDEX Jan04 Aug04 Feb05 Sep05 Mar06 Oct06 WET VLCC SUEZMAX AFRAMAX PRODUCT TANKER INDEX PREVIOUS WEEK CURRENT WEEK / TEL : , FAX: nilimar@ath.forthnet.gr

2 AMAZON DYNASTY CLARA AMIGO AMORITO IRENE DESPINA SHANGHAI CHENGXI JIANGYIN 4217 NORD MARINER TERINA IMERA DESERT SKY SPIRIT TRIADA ALFA TERRA YARD KAOHSIUNG, TAIWAN HITACHI ARIAKE NAGASU, OSHIMA SHIPBUILDING, AESA PUERTO REAL, SPAIN AESA PUERTO REAL, SPAIN JIANGNAN SHIPYARD, JIANGNAN SHIPYARD, SHANGHAI CHENGXI JIANYIN, CHENGXI, ONOMICHI, OSHIMA SHIPBUILDING, BRODOSPLIT, YUGOSLAVIA TSUNEISHI HEAVY CEBU, PHILIPPINES KOYO MIHARA, AESA SEVILLA, SPAIN BULKERS GEAR M UNDISCLOSED M KOREAN GLESS M INDIAN (TOLANI) GLESS M CHINESE OBO/DB GLESS M CHINESE OBO/DB GLESS M UNDISCLOSED GLESS M UNDISCLOSED CR 4x36T M GERMAN KG CR 4x36T M GERMAN KG CR 4x30T M GREEK CR 4x30T M UNDISCLOSED INCL. TC BACK AT USD PD FOR 3 S INCL. TC BACK AT USD PD FOR 3 S PD FOR 2325 MOS TILL 10/2008 CR 4x25T M CHINESE CR 4x30T GR 4x10CBM CR 4x25T M GREEK M GREEK (EUROSEAS) CR 4x25T 9.50 M UNDISCLOSED DISCOVERER SIDER BLU CLIPPER RANGER CLIPPER REUNION TALAVERA KOYO MIHARA, MINAMI NIPPON USUKI, INP, INP, SMEDVIK, NORWAY CR 4x25T 6.10 M UNDISCLOSED CR 4x30T M UNDISCLOSED CR 3x30T CR 3x30T M M SWISS (MASSOEL GESTION MARITIME) SWISS (MASSOEL GESTION MARITIME) PD FOR 1820 MOS DR 4x10T 0.60 M SYRIAN TEL : , FAX: nilimar@ath.forthnet.gr

3 7000 BALTIC DRY INDICES BDI '07 BCI '07 BPI '07 BHI '07 BDI '06 BCI '06 BPI '06 BHI '06 Week REPORTED FIXTURES RATE CHARTERERS DURATION MINERAL SHANGHAI $/D DREYFUS 4,5/6,5 MONTHS BULK BRAZIL $/D KOREA LINE 60 MONTHS SPARTIA $/D BHP BILLITON 24 MONTHS ALABAMA $/D SWISS MARINE 4/6 MONTHS BOREAL $/D 3/5 MONTHS ANNA $/D NOBLE 12/14 MONTHS MUTSUSHIO $/D CLIPPER 3/5 MONTHS BALTIC DRY INDICES BDI PREVIOUS WEEK 4243 CURRENT WEEK / 85 BCI BPI BSI TEL : , FAX: nilimar@ath.forthnet.gr

4 APL SCOTLAND APL HOLLAND CMA CGM LILAC GMA CGM VIOLET CMA CGM CAMELLIA CMA CGM DAHLIA MAERSK RIMINI PEGASUS PARADE CONTAINERS YARD GEAR TEU SAMSUNG HEAVY, SAMSUNG HEAVY, SIETAS KG, GERMANY HANJIN HEAVY ULSAN, GLESS M GLESS M FAR EASTERN (APL LTD.) FAR EASTERN (APL LTD.) ENBLOC WITH APL HOLLAND GLESS M GREEK GLESS M GREEK GLESS M GREEK GLESS M GREEK CR 1x50T CR 1x40T M DANISH GLESS M INDONESIAN CAROLINA TWEEN YARD GEAR TEU NEPTUN SCHIFFSWERFT, GERMANY DR 5x40T M FAR EASTERN BALTIC KRISTINA QUEEN SOYA RORO YARD GEAR PAX WARTSILA TURKU, FINLAND NAIKAI SETODA, GLESS M TURKISH GLESS M INDONESIAN TEL : , FAX: nilimar@ath.forthnet.gr

5 TYPE DEMOLITION LWT USD/LT SOLD TO TITAN MARS TANKER BANGLADESH AEGEAN HELLAS TANKER BANGLADESH OCEANIDA TANKER BANGLADESH BASIS DELY MID MARCH CHAMPION VINCITA TANKER BANGLADESH SEABROOK TANKER U.A.E. OPAL TANKER INDIA DA QING 44 TANKER LPG GRANDE LPG INDIA LPG MISA LPG INDIA TEL : , FAX: nilimar@ath.forthnet.gr

6 TYPE DELY NEWBUILDINGS YARD BULKER /10 GUANGZHOU LONGXUE CSG 4 UNITS BULKER NEW CENTURY M DYNACOM 4 UNITS BULKER SANOYAS 5 UNITS BULKER COSCO M JIANGNAN 4 UNITS BULKER /10 JIANGSU EASTERN M JIN YANG 2 UNITS BULKER /2010 JINGLING M RESTIS UNITS BULKER /9 JINLING SHIPYARD NANJING CHANGJIANG 4 UNITS BULKER SINO PACIFIC M GEDEN 6 UNITS BULKER SHANGHAI CHENGXI PARAKOU SHPG. 5 UNITS BULKER /11 FUJIAN GUANHAI M JURGEN RUTTMAN S MST UNITS TANKER VINASHIN M PETROVIETNAM UNITS TANKER NANTONG RONGSHENG NOVOSHIP 2 UNITS TANKER HANJIN M KAPTANOGLU UNITS TANKER STX FORMOSA 2 UNITS TANKER STX M FORMOSA 2 UNITS TANKER /2010 JINGLING M SCI 2 UNITS TANKER /11 AKER PHIL M OSG SHIPMANAGEMENT UNITS TANKER /11 GUANGZHOU INTERNATIONAL M AP MOLLER UNITS TANKER NOKBONG SAMBU 1 UNIT ROPAX PAX 2009 ASTILLEROS SEVILLE VIKING LINE 1 UNIT MPP JINLING SHIPYARD M IRAN SHIPPING LINES 4 UNITS MPC /11 YICHANG SHIPYARD WILSON MANAGEMENT 8 UNITS LNG LNG CBM CMB 2009/10 SHI M QATARGAS 4 UNITS 2009/10 DSME M QATARGAS 4 UNITS LPG MITSUBISHI H.I. MITSUI O.S.K. LINES 2 UNITS CONT CONT PCTC TEU TEU CARS 2009 STX SHIPBUILDING M NYK 4 UNITS 2009 WEIAHI SHIPYARD M REEDEREI MARTERN GMBH KG 2 UNITS 2008/9 XIAMEN M AP MOLLER UNITS TEL : , FAX: nilimar@ath.forthnet.gr

7 MARKET RATES BRENT USD GBP USD K WON USD YEN USD EURO PREVIOUS WEEK CURRENT WEEK + / 57,18 0,508 56,5 0,514 0,68 0, ,61 937,57 1,96 120,9 121,7 0,8 0,7679 0,7715 0,0036 TEL : , FAX: nilimar@ath.forthnet.gr

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