NILIMAR Ships Sale & Purchase

Transcription

1 MARKET REPORT WEEK 40 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 4 TH OCTOBER The BDI shows only a +1.8% gain for last week but any implication that the freight market was therefore quiet is misleading. The Capes were a focal point again since the BCI lost heavily for the first 3 days of the week and then rallied for the last 2 ending the week a fraction (-0.7%) below its close of the week before. The Capesize surge since the 2nd week of September has been brought about primarily by the Chinese restocking on shore iron ore reserves during which time the Baltic has reported about 110 capesize spot fixtures. Since last week was primarily a holiday in China we will only be able to judge at the end of this week whether the welcome Cape blip is over or not. The upsurge in Cape rates together with more (panamax suitable) cargo becoming available in the East has had a positive effect on the BPI too, gaining a further 6% last week whilst the BSI, up +4% and BHSI, up +2.5% also continued to slightly prosper. With there being plenty of corporate investment cash being pumped into shipping these days in the hope of buying in at the bottom of this shipping cycle, the recent rally in cape and panamax rates is now having a positive effect on these vessels values as we are seeing noticeable improvements in S+P levels asked and achieved. Although tanker freight rates have not seen any such improvements lately there remains reasonable enquiry and sales activity in both the crude and products categories with values just edging upwards. The demolition sector remains tough to call at the moment. Whilst on the one hand India and Bangladesh both appear to have stabilised their local currency and steel price issues, Pakistan, the usual buyer for the largest tankers and container vessels, remains seemingly a few weeks behind its sub-continent neighbors on the road to its own domestic Rupee's recovery against the dollar. Moreover, with India and Bangladesh only just back in any position to even buy ships for demolition we are seeing sales reported to these markets region $450 for tankers and $425 for bulkers when we believe the end buyers are only really willing to pay low $400's and high $300's respectively, which means the reported sales have to be by cash buyers speculating on an imminent increase in levels from the end buyers - lets hope they are right. China meantime was basically on holiday last week and reported no purchases. If China still has available berths we anticipate buyers there would currently pay region $

2 VESSEL S NAME NILIMAR Ships Sale & Purchase TANKERS DH BW LUNA 298,555 02/2003 DAEWOO, KOREA DH 36.00M GENMAR AGAMEMNON KUROSHIO EXPRESS INDONESIAN (SOECHI LINES) 96,214 09/1995 SAMSUNG, KOREA DH 7.50M INDONESIAN 47,999 08/2005 IWAGI, JAPAN DH 19.00M UNDISCLOSED UNIQUE SUNSHINE 47,087 01/2001 ONOMICHI, JAPAN DH 12.00M PIONEER SUNSHINE 45,915 02/2004 SHIN KURUSHIMA, JAPAN DH 17.50M (DLP) (DLP) MCT ALIOTH 19,996 07/1999 ULJANIK, CROATIA DH 9.00 M UNDISCLOSED PALMA PRIMA 9,141 03/1994 HIGAKI, JAPAN DH 3.40M UNDISCLOSED GLORY 121 8,248 06/1995 ATLANTIS SHIP, SINGAPORE DH 4.20M UNDISCLOSED VESSEL S NAME COMBO GEAR/ PUMPS VESSEL S NAME GAS CBM BALTIC TANKER INDICES BDTI 12 BDTI13 BCTI13 BCTI Week 2

3 VESSEL S NAME NILIMAR Ships Sale & Purchase BULKERS GEAR JAPAN MARINE, CAPE CHALLENGER I 180,730 03/ M JAPAN (CARRAS HELLAS) CAPE CONDOR 180,181 01/2004 IMABARI, JAPAN M ISRAELI JK PIONEER 179,134 01/2013 HYUNDAI HEAVY, KOREA M (DIANA SHIPPING) ANASTASIA 92,500 04/2010 YANGFAN, CHINA M (EMPIRE BULKERS) BK ALICE 81,970 05/2012 JINGJIANG, CHINA GLESS 23.00M ORIENTAL SUN 72,651 03/1998 SASEBO, JAPAN GLESS 10.80M GO FRIENDSHIP 44,875 10/1994 HALLA, KOREA CR 4X M TAIWANESE SVETI NIKOLA I 44,314 06/1997 OLUJA 41,712 11/1996 ST. PAUL 40,926 04/1994 ULJANIK, CROATIA BRODOSPLIT, CROATIA VARNA, BULGARIA CR 4X M UNDISCLOSED CR 4X25 CR 4X M UNDISCLOSED ENBLOC FINANCE ATTACHED TC 11,500 PD TO 03/2014 ENBLOC WITH TC ATTACHED BALTIC DRY INDICES 2013 BDI 12 BCI 12 BPI 12 BSI 12 BHSI 12 BDI 13 BCI 13 BPI 13 BSI 13 BHSI 13 Week 3

4 INDICATIVE REPORTED FIXTURES VESSEL S NAME RATE CHARTERERS DURATION C A V A LIERE GRA ZIA ,132 26,000$/DA Y BO TTIGLIERI KING SA IL ,643 25,000$/DA Y MYRSINI ,117 15,500$/DA Y W-PA C IFIC ,000 12,800$/DA Y JUP ITER ,161 12,500$/DA Y IKA N BELA NA K ,774 17,500$/DA Y TIA N SO NG FENG ,271 12,800$/DA Y GDF SUEZ GHENT ,110 11,500$/DA Y LEO NA RISSO ,877 9,000$/DA Y O RC HID DRA GO N ,873 7,550$/DA Y SWISSMA RINE SWISSMA RINE C LEA RLA KE NO BLE ULTRA BULK A Q UA V ITA NO BLE TRA FIGURA WBC HA YNE SHIP PING 6/8MO NTHS 4/7MO NTHS 4/6MO NTHS 11/14MO NTH S 1 YEA R 6/8 MO NTHS 11/13MO NTH S MA X 145 DA YS 4/6 MO NTHS 11/13 MO NTHS BALTIC DRY INDICES BDI BCI BPI BSI BHSI PREVIOUS WEEK CURRENT WEEK /

5 VESSEL S NAME NILIMAR Ships Sale & Purchase TWEEN / MPP / GENERAL CARGO GEAR VESSEL S NAME SCI NHAVA SHEVA SANTA PRISCILLA 67,255 05/ ,222 09/2005 ARIANA 38,700 06/2006 AROSIA 38,600 03/2006 STX MUMBAI 37,901 04/2008 STX MELBOURNE 37,901 07/2008 WEHR RISSEN 23,028 07/2999 MARGUERITE 9,200 10/1995 CONTAINER GEAR TEU HYUNDAI HEAVY, KOREA HYUNDAI HEAVY, KOREA GDYNIA, POLAND GDYNIA, POLAND AKER, GERMANY AKER, GERMANY SZCZECINKSA, POLAND SZCZECINKSA, POLAND GLESS 5, M GLESS 5, M NORWEGIAN (MARITIME OPPORTUNITIE) CR 3X45T 2, M UNDISCLOSED CR 3X45T 2, M UNDISCLOSED GLESS 2, M UNDISCLOSED GLESS 2, M UNDISCLOSED CR 3X40T 1, M ASIAN CR 2X40T ARKAS DENIZCILIK ENBLOC, BANK SALE VESSEL S NAME REEF REEF. CAP/TY GEAR VESSEL S NAME PCC/ RORO / PASS CARS /LM PAX 5

6 DEMOLITION INDIA TYPE VESSEL S NAME LDT BULK MURAT KIRAN 38, , BULK B. CAMLICA 1 37, , FULL SPARES BULK CHOPIN 18, , CONT NYK KAI 59, , CONT KALAMATA 43, , DEMOLITION PAKISTAN TYPE VESSEL S NAME LDT BULK WELLY II 45, , DEMOLITION BANGLADESH TYPE VESSEL S NAME LDT BULK GLORIOUS RENA 68, , DEMOLITION CHINA TYPE VESSEL S NAME LDT DEMOLITION TURKEY TYPE VESSEL S NAME LDT DEMOLITION MISC TYPE VESSEL S NAME LDT BULK UCO XXX 30, , ASIS BAHRAIN RORO SAUDI TABUK 42, , ASIS FUJAIRAH INCL BUNKERS FOR THE VOYAGE + A 42 T WORKING AND SPARE PROPELLER 6

7 NEWBUILDINGS TYPE SIZE DELY STX OFFSHORE 1 TANK 160, M BP PLC UNIT(DECLAR ED OPTION) TANK 50, DALIAN SHIPBUILDING 37.00M IMC SHIPPING 4 UNITS TANK 38, HUDONG- ZHONGHUA - NYK STOLT TANKERS 1 UNIT(DECLAR ED OPTION) TANK 30, NANTONG MINGDE 41.00M JO TANKERS A/S 6+6 UNITS LPG/ET Q NANTONG COSCO 17,000CBM HYLENE H M ODFJELL 4 UNITS BULK 208, JIANGSU NEW YANGZIJIANG 50.50M OLDENDORFF 4+2 UNITS BULK 208, JIANGSU NEW YANGZIJIANG - CARDIFF 4+2 UNITS BULK 209, NANTONG COSCO 54.00M STARBULK 1 UNIT BULK 208,000 H SHANGHAI WAIGAOQIAO 54.00M STARBULK 2 UNITS BULK 61,000 Q NANTONG COSCO 26.00M STARBULK 2 UNITS BULK 84, IMABARI 33.00M WISDOM MARINE 1 UNIT BULK 81, TSUNEISHI ZHOUSHAN 31.50M WISDOM MARINE 1 UNIT BULK 81, JIANGSU NEW GRAIG SHIP - MANAGEMENT 6 UNITS BULK 64, CHENGXI SHIP 26.50M CHINA MERCHANTS 2+4 UNITS BULK 61,000 Q NANTONG COSCO Q M CHINA MERCHANTS 4+2 UNITS BULK 61,000 Q DALIAN COSCO Q M CHINA MERCHANTS 2+2 UNITS BULK 64, JAPAN MARINE UNITED 30.00M 1+1 UNIT BULK 63,000 05/2015 YANGZHOU DAYANG - PARAGON SHIPPING 1 UNIT BULK 38, YANGZHOU GUOYU - PIONEER MARITIME 8 UNITS JINLING SHIP 1 UNIT BULK 35, ARISTON NAVIGATION (DECLARED OPTION) CONT 10,500TEU 2015 DAEWOO SHIPBUILDING 91.50M HAMBURG SUD 3 UNITS CONT 10,000TEU 2015 CONT 2,500TEU - CONT 1,800TEU JAN-MAR 2015 CEME 9, JIANGSU YANGZI XINFU 90.00M SEASPAN ZHOUSHAN WUZHOU CSBC, TAIWAN FUKUOKA SHIPBUILDING 5 UNITS (DECLARED OPTIONS) 21.20M SHANGHAI ZHONGGU 6 UNITS 23.00M SITC INTERNATIONAL 4 UNITS (DECLARED OPTIONS) - PT INDOBARUNA 1 UNIT 7

8 MARKET RATES PREVIOUS WEEK CURRENT WEEK + / - BRENT GBP USD USD K WON USD YEN EURO USD 109,21 1, ,22 98,990 1, ,6156-0,21 0, ,26-3,96 97,260-1,73 1,3618 0,01 8