MARKET REPORT WEEK 49 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 4 th DECEMBER 2009

Transcription

1 MARKET REPORT WEEK 49 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 4 th DECEMBER 2009 Nilimar's SNP market overview Seems that while last week did not produce many concluded deals the market remained fairly active on the interest / inspections / tentative negotiation side. We expect this lack of actually concluded deals was because the dry indices took a bit of a dip from the middle of the week before till the middle of last week and whilst that was happening prospective buyers were less inclined to actually conclude purchases just in case it was the beginning of a major fall in rates rather than just the small dip / adjustment it now appears to have been. This is just one more example of how many businesses in the modern world are very quickly influenced by the speed of communications / paper trading and indices etc. Provided the dry freight market has indeed now stabilised again we expect to see the level of concluding deals pick up again since there is definitely a fair amount of buying interest around for capes down through the handies with Chinese buyers still the most active especially it seems for older panamaxes just now. On the wet side we detect little in the way of negotiations at present though we believe there are many parties keenly monitoring this sector as the values continue to fall. Demo deals are still getting done (though at nothing like the volume needed to offset the newbuilding deliveries) at prices ranging upwards from the 260's in China and downwards from the 340's in India for tankers and around the 300's for bulkers. Bangladesh seems to be taking a breather at present amid reports that yards there are currently full to capacity there.

2 THAIOIL /1989 SINGAPORE SLIPWAY TANKERS HULL DS P+C UNDISCLOSED COMBO GEAR / PUMPS LPG CBM 2500 BALTIC TANKER INDICES Week BDTI 08 BCTI 08 BDTI 09 BCTI 09

3 BULKERS GEAR CAPESIZE / VLOC STX RESALE S.KOREA M CHINESE ALAMEDA /2001 ERNST SALAMON /1999 GEM OF AQABA /1982 GEM OF HALDIA /1982 GEM OF MANDRAS /2008 ORIENTOR /2002 LUCKYFIELD /1982 GREGOS /1984 SAMHO HEAVY SAMHO, S. KOREA M PANAMAX / POST-PANAMAX IMABARI MARUGAME, NKK TSURUMI YOKOHAMA, HASHIHAMA TADOTSU, HANDYMAX / SUPRAMAX IHI MARINE UNITED YOKOHAMA, NANTONG COSCO KHI, CHINA SASEBO, KOYO MIHARA, CHINESE (ZHONG AN) GLESS M U.S.A GLESS 4.90 M CHINESE GLESS 4.90 M CHINESE CR 4X35T M NORWEGIAN (WBC) CR 4X30T M UNDISCLOSED CR 4X20T 5.00 M CHINESE CR 4X25T 7.85 M GREEKS (EASTMAR) BOHINJ /1984 DISCOVERER /1983 HANDIES AESA SEVILLA, SPAIN MITSUBISHI KOBE, CR 4X16T 4.45 M GREEKS CR 4X25T 5.20 M UNDISCLOSED 2 YRS USD $ /D YAKUMO /2001 ATTIKA /2001 SMALL HANDIES KURINOURA SMALL HANDIES YAWATAHAMA, CONSTANTA, ROUMANIA CR 3X30T M UNDISCLOSED GLESS 5.00 M GERMAN

4 BALTIC DRY INDICES BDI 08 BCI 08 BPI 08 BHI 08 BDI 09 BCI 09 BPI 09 BHI 09 Week

5 REPORTED FIXTURES RATE CORAL DIAMOND , $/D CHARTERERS STX PAN OCEAN DURATION 4/6 MONTHS PAN UNO , $/D CELINE I , $/D WASHINGTON TRADER , $/D RODON AMARANDON , $/D PACIFIC EAGLE , $/D YASA PEMBE , $/D SEA BRILLIANCE , $/D FARENCO CNR EASTERN OCEAN CARGILL SINOCHART EASTERN OCEAN COPENSHIP 11/13 MONTHS 2/4 MONTHS 11/13 MONTHS 2/3 MONTHS 11/13 MONTHS 4/6 MONTHS 4/6 MONTHS BALTIC DRY INDICES BDI BCI BPI BSI PREVIOUS WEEK CURRENT WEEK /

6 TWEEN / MPP / GENERAL CARGO GEAR SINAR BANGKA /2000 UTE JOHANNA /1995 CONTAINER GEAR TEU HAKATA, KROEGER, GERMANY GLESS 1060 P+C ESE GLESS M RUSSIAN REEF REEF. CAP/TY GEAR PCC/ RORO / PASS CARS/ LM PAX

7 UNIWERSYLET SLASKI TYPE DEMOLITION LDT USD/LT SOLD TO BULK / BANGLADESH FLAG INVESTORS BULK / INDIA OCEAN SPIRIT BULK / CHINA YURIY SAVINOV BULK / CHINA UNIVERSAL SPIRIT BULK / CHINA BLUE SEA BULK / INDIA ATTALYA TANK / PAKISTAN MSC SERENA CONT / P+C INDIA AS IS W.AFRICA (DAMAGED BY FIRE) MSC ZANZIBAR CONT / INDIA ARTEMIS CONT / BANGLADESH AS IS MALAYSIA KAMINA CONT / INDIA MSC IMMACOLATA CONT / INDIA EQUINE RORO / INDIA AS IS CAPE TOWN MERMAID II RORO / TURKEY MSC GABRIELLA TWEEN / P+C INDIA TYPE DELY NEWBUILDINGS BULK 115, NANTONG M HAN SUNG SHIPPING 1 UNIT BULK 56, IHI P+C PIONEER SHIP MGMT 2 UNITS BULK 56, IHI P+C SHINWA KAIUN 1 UNIT BULK 50, /11 SPP M AB MARITIME 2 UNITS BULK 35, DAODA M HANZEVAST CAPITAL 2 UNITS CRUISE 130, FICANTIERI M CARNIVAL 1 UNIT MARKET RATES BRENT USD GBP USD K WON USD YEN USD EURO PREVIOUS WEEK CURRENT WEEK + /