Baltic Dry Indices* Monday, December 12, 211 - Week 5 The Week at a Glance 'China to the rescue?' Last Fridays Closing Weekly Difference Baltic Dry Index 1922 56 Baltic Cape index 3697 288 Baltic Panamax Index 1713 12 Europe's debt crisis seems to be hitting China's trade surplus. In this respect, the country's PM will most probably announce measures for 212 which will add more stimulus to the market. It seems that in November, compared to same period last year, the excess of exports over imports fell by almost 35%! Baltic Supramax Index Baltic HandySize Index 123-15 62-21 Newbuilding Prices 9/211 1/211 11/211 12/211 In oil news now, OPEC delegates will meet in Vienna this week to discuss about the oil outlook of 212. The big question for next year will be whether demand in the Euro-zone will stay steady despite the economic instability. At the same time, resumed Libyan output will add more to the available supplies. Another issue that may arise is the sanctions that may be imposed to Iran by the EU. Greek Listed Companies Last Fridays Closing Weekly Difference NYSE 752,88 49,33 NASDAQ 2646,85 19,92 VLCC 3, $1 $1 $1 $1 SUEZMAX 15, AFRAMAX 113, PANAMAX 72, $64 $64 $63 $63 $53 $5 $5 $5 $44 $44 $44 $44 PRODUCT 47, $37 $36 $36 $36 CAPESIZE 175, KAMSARMAX 81, SUPRAMAX 5, HANDYSIZE XS 28, $52 $5 $49 $49 $34 $34 $34 $34 $29 $29 $29 $29 $25 $25 $25 $25 Brent Prices Dry Ships 2,37 -,5 Navios 3,89 -,1 Excel 1,95 -,2 Diana 7,97,37 Top Ships 2,6, TEN 5,24,11 Stealth Gas 4,4 Capital Product Partners 6,48,58 Currencies* Last Fridays Closing Weekly Difference Euroseas 2,69 -,2 Danaos 3,81,46 Costamare 12,81 1,11 EURO/USD 1,3312 -,1 USD/JPY 77,61 -,32 USD/CNY 6,366, *The above tables show last Friday's closing including the weekly balance. ISO Certified by Germanischer Lloyd Copyright by Allied Shipbroking Inc
Secondhand Sales Dry SIZE INDEX W-O-W CHANGE AVG T/C RATES W-O-W CHANGE TREND BDI 1922 56 CAPESIZE 3697 288 32.617 3.258 FIRMER PANAMAX 1713 12 13.682 96 STEADY SUPRAMAX 123-15 12.857-1.99 WEAKER HANDYSIZE 62-21 8.597-263 WEAKER Bulk Carrier Vessel's Name Built Country TEU Gears Engine Price Sale's Comment BLUE SKY 17825 1985 JAPAN 4 X 2t DERRICKS B&W 3.. USD SOLD TO UNDISCLOSED BUYERS SANKO ETERNAL 27919 1996 JAPAN 4 X 3t CRANES B&W 1.3. USD SOLD TO GREEK BUYERS AMBER VITA 2963 1995 ROMANIA 4 X 25t CRANES B&W 5.7. USD SOLD TO ROMANIAN BUYERS STAR SEA BULKER 42717 1997 JAPAN 4 X 3t CRANES Sulzer 11.. USD SOLD TO GREEK BUYERS MAR REINA 72474 1998 JAPAN MAN-B&W 15.5. USD SOLD TO CHINESE BUYERS Container Vessel's Name Built Country TEU Gears Engine Price Sale's Comment WEC FRANS HALS General cargo 7232 1997 GERMANY 7 MAN 3.9. USD Vessel's Name Built Country TEU Gears Engine Price Sale's Comment TANGO 1472 1976 JAPAN Niigata 1.25. USD VINA 2226 1969 CB CONFIDENCE GERMANY, FEDERAL REPUBLIC OF 72 Deutz 1.2. USD SOLD TO UNDISCLOSED BUYERS AT AUCTION SOLD EN BLOC WITH VINA TO DANISH BUYERS (PETERSEN & SORENSEN) RGN USD 2.45. EN BLOC SOLD EN BLOC WITH TANGO TO DANISH BUYERS (PETERSEN & SORENSEN) RGN USD 2.45. EN BLOC 16248 1986 SPAIN 519 4 X 12,5t CRANES B&W 3.25. USD SOLD TO SYRIAN BUYERS
Wet SIZE INDEX W-O-W CHANGE BDTI 839 63 BCTI 741 15 SIZE AVG SPOT EARNINGS W-O-W CHANGE AVG T/C RATES BSS 1 YR TREND VLCC $ 19,52. -12% 19. STEADY SUEZMAX $ 2,733. 23% 16.75 FIRMER AFRAMAX $ 24,398. 14% 13.75 WEAKER CLEAN MR $ 8,234. -3% 13.5 STEADY Tanker Vessel's Name Built Country DB DS Engine Price Sale's Comment SANKO NATURE (St. Steel / IMO II) ALPINE HALLIE (Epoxy Phen. / IMO III) ALPINE EMMA (IMO II/III) TIKHORETSK (Epoxy Coated / IMO III) ICE BLIZZARD (Epoxy Coated / IMO III) 19999 1/211 JAPAN Y Y MAN-B&W 26.. USD 37795 29 KOREA, SOUTH Y Y MAN-B&W 34.5. USD 3789 29 KOREA, SOUTH Y Y MAN-B&W 34.5. USD SOLD TO NORWEGIAN BUYERS (HANSA TANKERS) SOLD EN BLOC WITH ALPINE EMMA TO CLIENTS OF BLUEWATER - RGN USD 69.. EN BLOC SOLD EN BLOC WITH ALPINE HALLIE TO CLIENTS OF BLUEWATER - RGN USD 69.. EN BLOC 4791 1996 CROATIA Y Y B&W 11.2. USD SOLD TO UNDISCLOSED BUYERS 6365 28 KOREA, SOUTH Y Y MAN-B&W 36.3. USD AROSA 291381 1993 JAPAN Y Y B&W 23.5. USD SOLD TO CHILEAN BUYERS (SONOMAR) SUBJECT TO ENAP TENDER SOLD TO MALAYSIAN BUYERS FOR CONVERSION
Baltic Dry Indices Year BDI Max BDI Avg BDI Min BCI Max BCI Avg BCI Min BPI Max BPI Avg BPI Min BSI Max BSI Avg BSI Min 26 447 3199 233 614 439 2711 4394 342 1841 2989 2265 1442 27 1139 792 4219 16256 997 5943 11713 736 3923 6956 4552 2732 28 11793 6445 663 19687 9444 83 11425 6141 44 6743 49 421 29 4661 2612 772 8243 4142 1361 4453 2413 492 2487 1665 389 21 429 2749 17 5455 3469 164 4622 314 1845 3111 2143 1369 211 2173 1532 143 3697 2171 1281 2132 1744 1296 1612 1386 186 Baltic Dry Index 1. 8. 6. 4. 2. 1/12/84 1/6/85 1/12/85 1/6/86 1/12/86 1/6/87 1/12/87 1/6/88 1/12/88 1/6/89 1/12/89 1/6/9 1/12/9 1/6/91 1/12/91 1/6/92 1/12/92 1/6/93 1/12/93 1/6/94 1/12/94 1/6/95 1/12/95 1/6/96 1/12/96 1/6/97 1/12/97 1/6/98 1/12/98 1/6/99 1/12/99 1/6/ 1/12/ 1/6/1 1/12/1 1/6/2 1/12/2 1/6/3 1/12/3 1/6/4 1/12/4 1/6/5 1/12/5 1/6/6 1/12/6 1/6/7 1/12/7 1/6/8 1/12/8 1/6/9 1/12/9 1/6/1 1/12/1 1/6/11 1/12/11 1/6/12 Baltic CapeSize Index 18. 16. 14. 12. 1. 8. 6. 4. 2. 1\6\ 1\9\ 1\12\ 1\3\1 1\6\1 1\9\1 1\12\1 1\3\2 1\6\2 1\9\2 1\12\2 1\3\3 1\6\3 1\9\3 1\12\3 1\3\4 1\6\4 1\9\4 1\12\4 1\3\5 1\6\5 1\9\5 1\12\5 1\3\6 1\6\6 1\9\6 1\12\6 1\3\7 1\6\7 1\9\7 1\12\7 1\3\8 1\6\8 1\9\8 1\12\8 1\3\9 1\6\9 1\9\9 1\12\9 1\3\1 1\6\1 1\9\1 1\12\1 1\3\11 1\6\11 1\9\11 1\12\11 1\3\12 Baltic Panamax Index 1. 8. 6. 4. 2. 1\6\ 1\9\ 1\12\ 1\3\1 1\6\1 1\9\1 1\12\1 1\3\2 1\6\2 1\9\2 1\12\2 1\3\3 1\6\3 1\9\3 1\12\3 1\3\4 1\6\4 1\9\4 1\12\4 1\3\5 1\6\5 1\9\5 1\12\5 1\3\6 1\6\6 1\9\6 1\12\6 1\3\7 1\6\7 1\9\7 1\12\7 1\3\8 1\6\8 1\9\8 1\12\8 1\3\9 1\6\9 1\9\9 1\12\9 1\3\1 1\6\1 1\9\1 1\12\1 1\3\11 1\6\11 1\9\11 1\12\11 1\3\12 Baltic Supramax - HandySize Index 3.5 3. 2.5 2. 1.5 1. 5 7. 6. 5. 4. 3. 2. 1. 1\1\3 1\3\3 1\5\3 1\7\3 1\9\3 1\11\3 1\1\4 1\3\4 1\5\4 1\7\4 1\9\4 1\11\4 1\1\5 1\3\5 1\5\5 1\7\5 1\9\5 1\11\5 1\1\6 1\3\6 1\5\6 1\7\6 1\9\6 1\11\6 1\1\7 1\3\7 1\5\7 1\7\7 1\9\7 1\11\7 1\1\8 1\3\8 1\5\8 1\7\8 1\9\8 1\11\8 1\1\9 1\3\9 1\5\9 1\7\9 1\9\9 1\11\9 1\1\1 1\3\1 1\5\1 1\7\1 1\9\1 1\11\1 1\1\11 1\3\11 1\5\11 1\7\11 1\9\11 1\11\11 1\1\12 1\3\12
Secondhand Sales Statistics Current Secondhand Activity per / Size/ Invested Capital During 211 Secondhand Activity per / Size/ Invested Capital...during 29 A. Dry Size Invested Capital Invested Capital A. Dry 752 38.443.962 $9.489.259.5 B. Tanker 228 13.512.542 $4.697.315. A. Dry Total 1. Minibulk (up to 9,999 2. Handy (1, - 39,999 3. Handymax (4, - 59,999 4. Panamax (6, - 79,999 5. Capesize (8,+ 97 544.78 $235.15. 182 4.862.882 $1.79.78. 15 5.125.278 $1.73.961. 62 4.54.464 $1.39.2. 43 7.26.126 $1.344.8. 489 22.242.828 $6.329.891. C. Container 92 2.69.329 $685.825. D. Reefer 19 13.725 $18.42. E. RoRo Cargo/ Ferry/ Passenger 51 318.791 $355.22. F. Miscellaneous 22 869.231 $221.33. Grand Total 1.164 55.344.58 $15.557.369.5...during 21 Invested Capital A. Dry 619 31.92.34 $1.583.52. B. Tanker 366 29.393.356 $8.33.394.464 C. Container 165 5.66.941 $2.486.3. B. Tanker 1. Minitank (up to 9,999 2. Product (1, - 59,999 3. Panamax (6, - 79,999 4. Aframax (8, - 119,999 5. Suezmax (12, - 199,999 6. VLCC (2, - 299,999 7. ULCC (3,+ 112 628.821 $482.23. 129 4.18.757 $2.325.65. 2 1.439.459 $511.. 55 5.627.259 $1.732.45. 12 1.825.755 $44.4. 21 6.1.65 $799.5. 19 5.887.72 $1.185.5. D. Reefer 6 45.83 $25.5. E. RoRo Cargo/ Ferry/ Passenger 59 329.21 $943.298. F. Miscellaneous 44 42.583 $848.1. Grand Total 1.259 66.347.468 $23.19.94.464 Bulk Carriers Sales Per during 211 9 % CAPESIZE 13 % PANAMAX 21 % HANDYMAX 37 % HANDY 2 % MINIBULK B. Tanker total 368 25.599.818 $7.44.73. C. Container Total 94 3.389.688 $2.18.61. D. Reefer Total 17 131.326 $35.26. Tankers Sales Per during 211 E. RoRo Cargo/ Ferry/ Passenger Total 39 22.71 $195.35.49 5 % ULCC 6 % VLCC 3 % SUEZMAX 15 % AFRAMAX 5 % PANAMAX 35 % PRODUCT 3 % MINITANK F. Miscellaneou s Total 39 75.911 $278.4. Grand Total 1.46 51.642.281 $16.46.7.49
Invested Capital in Secondhand per month as of January 21 Year Month Invested Capital 21 21 Total 211 April-21 $2.45.395. May-21 $2.261.75. June-21 $2.773.265. July-21 $1.396.57. January-21 $2.16.4. February- 21 $1.397.65. March-21 $2.297.668. August-21 $1.184.5. September- 21 $1.564.7. October-21 $2.664.239. November- 21 $1.522.15. December- 21 $1.921.852.464 $23.19.94.464 April-211 $2.18.21. May-211 $2.129.8. June-211 $1.9.11. July-211 $968.59. January-211 $1.274.5. February- 211 $1.368.181. March-211 $1.891.96. August-211 $783.35. September- 211 $1.886.725.49 October-211 $1.547.55. November- 211 $974.68. December- 211 $436.9. 211 Total $16.46.7.49 Dry - Buyers' Nationality 25 % OTHER 2 % DENMARK 2 % RUSSIA % NORWAY 2 % SINGAPORE 2 % USA 4 % KOREA SOUTH 3 % INDONESIA 19 % CHINA PEOPLE'S REPUBLIC OF 15 % GREECE 26 % UNKNOWN Wet - Buyers' Nationality Invested Capital Graph - Invested Capital in Secondhand per month as of January 21 2.8.. 2.7.. 2.6.. 2.5.. 2.4.. 2.3.. 2.2.. 2.1.. 2... 1.9.. 1.8.. 1.7.. 1.6.. 1.5.. 1.4.. 1.3.. 1.2.. 1.1.. 1... 9.. 8.. 7.. 6.. 5.. 4.. 3.. 2.. 1.. 1/21 Buyer's Country 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 Invested Capital Per Month 1/21 11/21 12/21 1/211 Months Total Capital 2/211 3/211 4/211 No Of Buyers Nationality during 211 - Top 1 ( vessels per sector) A. Dry B. Tanker C. Container 5/211 6/211 7/211 8/211 D. Reefer 9/211 1/211 11/211 12/211 16 15 14 13 12 11 1 9 8 7 6 5 4 3 2 1 Vesels Grand Total UNKNOWN 128 85 16 2 231 GREECE 75 52 41 6 174 CHINA, PEOPLE'S REPUBLIC OF 95 6 6 6 113 INDONESIA 13 14 9 36 KOREA, SOUTH 18 19 1 1 39 USA. 8 17 3 28 SINGAPORE 1 23 33 NORWAY 1 26 3 3 RUSSIA 9 9 1 19 DENMARK 1 15 25 Other 122 12 15 1 24 Grand Total 489 368 94 17 968 28 % OTHER 4 % DENMARK 2 % RUSSIA 7 % NORWAY 6 % SINGAPORE 5 % USA 5 % KOREA SOUTH 4 % INDONESIA 2 % CHINA PEOPLE'S REPUBLIC OF 14 % GREECE 23 % UNKNOWN Container - Buyers' Nationality 16 % OTHER % DENMARK % RUSSIA 3 % NORWAY % SINGAPORE 3 % USA 1 % KOREA SOUTH 1 % INDONESIA 6 % CHINA PEOPLE'S REPUBLIC OF 44 % GREECE 17 % UNKNOWN Buyers Nationality during 211 - Top 1 (Invested Capital per sector) B. Tanker C. Container D. Reefer Buyer's Country A. Dry Grand Total GREECE 1.533.585. 1.382.6. 1.219.8. 4.135.985. UNKNOWN 1.429.525. 937.7. 227.4. 3.4. 2.598.25. DENMARK 158.55. 1.248.5. 1.47.5. CHINA, PEOPLE'S REPUBLIC OF 986.655. 249.5. 7.. 19.75. 1.325.95. NORWAY 1.5. 561.7. 37.8. 934.. KOREA, SOUTH 337.7. 446.45. 1.. 8.25. 82.4. USA. 132.5. 453.7. 58.. 643.75. SINGAPORE 13.81. 449.9. 58.71. INDONESIA 148.3. 16.28. 63.36. 317.67. Other 1.398.66. 1.592.7. 161.25. 426. 3.153.36. Grand Total 6.329.891. 7.44.73. 2.18.61. 35.26. 15.986.257.
New Building Orders Bulk Carriers Type Units Dwt Shipyard Reported Price Owner/ Manager Delivery Date BULK 2+2 82, SHANGHAI WAIGAOQIAO USD 3.5. RIZHAO STEEL 213 BULK 2 1, JIANGSU - P.DOHLE 214 Tankers Type Units Dwt Shipyard Reported Price Owner/ Manager Delivery Date TANKER 1+1 157, JIANGSU RONGSHENG USD 6.. GLOBAL UNION SHIPPING 213/214 SHUTTLE 1 112, HYUNDAI H.I. USD 1.. NYK KNUTSEN J/V 214
Demolition Sales Type Vessel's Name Built Country LDT Price/ ldt Sale's Comment GEN. CARGO WANG JAE SAN 995 1974 KOREA, NORTH 3646 355 SOLD TO CHINA RO-RO CARGO HOEGH TROTTER 1537 1983 JAPAN - - SOLD TO CHINA ON PRIVATE TERMS GEN. CARGO FLORA S 17349 198 JAPAN 4416 - SOLD TO INDIA ON PRIVATE TERMS BC ZIEMIA SUWALSKA 2667 1983 ARGENTINA 6622 473 SOLD TO INDIA BC SILVANA 3341 1981 JAPAN 823 395 SOLD TO INDIA BC KAI HONG 3555 1982 JAPAN 7725 45 SOLD TO CHINA BC DA TONG 35158 1978 JAPAN 85 4 SOLD TO CHINA CONTAINER GRAND VISION 4413 1991 KOREA, SOUTH 12929 52 SOLD TO INDIA CONTAINER MSC MAHIMA 53726 1985 FRANCE 16143 517 SOLD TO INDIA TANKER LAKSMIATI 81275 1975 JAPAN 18828 455 SOLD TO PAKISTAN ON "AS IS INDONESIA" BASIS Demolition Statistics For 211 Current Demolition Activity per / Size A. Dry 21 211 Size No Of No Of 1. Minibulk (up to 9,999 2. Handy (1, - 39,999 3. Handymax (4, - 59,999 4. Panamax (6, - 79,999 5. Capesize (8,+ 7 391.643 75 455.518 154 3.211.858 274 6.218.284 6 285.794 47 2.191.856 8 577.53 64 4.339.639 21 2.953.476 74 11.59.69 A. Dry Total 259 7.419.824 534 24.714.96 B. Tanker 1. Minitank (up to 9,999 2. Product (1, - 59,999 3. Panamax (6, - 79,999 4. Aframax (8, - 119,999 5. Suezmax (12, - 199,999 6. VLCC (2, - 299,999 7. ULCC (3,+ 57 329.292 44 223.41 152 4.729.484 65 2.16.64 2 1.337.782 6 412.113 2 1.892.15 27 2.557.729 13 1.87.84 7 1.1.941 16 4.237.421 1 2.73.789 1 323.94 1 311.625 B. Tanker Total 279 14.72.27 16 9.316.878 C. Container Total 65 1.694.552 4 1.16.8 D. Reefer Total 39 324.283 39 318.883 E. RoRo Cargo/ Ferry/ Passenger Total 116 1.173.469 73 575.263 F. Miscellaneous Total 32 471.448 39 377.38 Grand Total 79 25.83.63 885 36.319.768 Please Note that dry trading combination carriers are included in the dry sector and wet trading ones in the tanker sector.
Country Demolition Activity by Country 21 211 BANGLADESH 8 5.136.571 9 7.546.47 CHINA, PEOPLE'S REPUBLIC OF 79 3.392.737 98 6.17.12 EUROPE 1 964 INDIA 396 9.194.28 383 12.67.4 INDIAN OCEAN 1 4.258 JAPAN 1 13.684 MIDDLE EAST 1 41.483 ' Average Age For Demolition 21 29 28 A. Dry 31,5 3,6 3,4 B. Tanker 26,4 26,5 28,9 C. Container 27 26,7 28,9 D. Reefer 29,3 28,9 3,3 E. RoRo Cargo/ Ferry/ Passenger 31,5 29,3 35,7 F. Miscellaneous 33,7 31,8 27,3 PAKISTAN 73 4.569.126 58 3.957.921 SAUDI ARABIA 1 95.793 SINGAPORE 1 68.157 TURKEY 16 161.26 17 176.135 UKRAINE 1 1.88 UNKNOWN 142 3.186.353 235 5.638.795 USA. 1 61.893 Demolition of BCs by percentage for 21 27 % Minibulk 59 % Handy 2 % Handymax 3 % Panamax 8 % Capesize Grand Total 79 25.83.63 885 36.319.768 Demolition Activity By Demolition Per Month 5.4. 5.2. 5.. 115 11 4.8. 15 4.6. 1 4.4. 95 4.2. 4.. 3.8. 3.6. 3.4. 9 85 8 75 3.2. 7 dwt 3.. 2.8. 2.6. 2.4. 2.2. 2.. 1.8. 1.6. 1.4. 1.2. 1.. 8. 6. 4. 65 6 55 5 45 4 35 3 25 2 15 1 no of vessels Demolition of Tankers by percentage for 21 2 % Minitank 54 % Product 7 % Panamax 7 % Aframax 5 % Suezmax 6 % VLCC % ULCC 2. 5 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 1/21 11/21 12/21 1/211 2/211 3/211 4/211 5/211 6/211 7/211 8/211 9/211 1/211 11/211 12/211 Months Sum of V essels Year Dry Demolition activity since 2 of Dry Tankers of Tankers 2 281 7.362.791 148 13.48.779 488 21.634.323 21 417 11.755.524 136 15.439.165 644 28.126.173 22 27 8.683.149 192 18.32.275 548 28.579.662 23 219 5.732.642 232 18.395.563 55 25.181.35 24 79 1.518.916 173 8.551.39 339 1.488.671 25 38 1.155.58 1 4.259.393 182 5.539.311 26 117 2.821.5 111 3.52.432 33 6.965.141 27 46 623.85 127 4.65.141 229 5.143.327 28 123 5.314.132 122 5.895.238 361 13.195.648 29 46 12.444.448 16 9.18.356 891 28.841.98 21 259 7.419.824 279 14.72.27 79 25.83.63 211 534 24.714.96 16 9.316.878 885 36.319.768
Contact Details GEORGE AERAKIS AOH: +3-21 6 35 259 MOBILE: +3 6946 4 57 37 ILIAS BOLIS AOH: +3-21 - 8 25 439 MOBILE: +3-6937 - 2 65 GEORGE DASKALAKIS AOH: +3-21-62 29 124 MOBILE: +3-6932-24 8 7 STAVROS DRAKOGIANNOPOULOS AOH: +3-21-6 11 438 MOBILE: +3-6932 - 2 15 65 SAKIS DRAKOGIANNOPOULOS AOH: +3 2299 63 237 MOBILE: +3-6944 - 88 58 8 NASSOS HATZIGEORGIOU AOH: +3-21 - 93 16 353 MOBILE: +3-6944 - 73 33 93 COSTAS KARADIMAS AOH: +3-21 - 62 11 96 MOBILE: +3-6932 - 2 15 64 THEODOROS MOISSOGLOU AOH: +3-21 - 96 19 87 MOBILE: +3-6932 - 45 52 41 JOHN KOSTOYANNIS AOH: +3-21 - 81 31 194 MOBILE: +3-6932 - 43 39 99 THASSOS PAPOUIS AOH: +3-21 62 31 392 MOBILE: +3 6944 29 49 89 TASSOS PROSSIOS AOH: +3-21 89 46 692 MOBILE: +3 6942 6 78 32 JOHN STASSINAKIS AOH: +3 211 4 16 51 MOBILE: +3 6972 6 92 9 EVAGELOS TOBALOGLOU AOH: +3-21 - 43 25 185 MOBILE: +3-6932 - 4 56 2 COSTIS TSALPATOUROS AOH: +3-21 - 96 19 278 MOBILE: +3-6932 - 2 15 63 PLUTON VARVAROS AOH: +3-21 45 11 331 MOBILE: +3-6937 25 15 15 ALLIED SHIPBROKING INC. 48, Aigialeias Street, 4 th Floor, Maroussi 151 25, Greece Tel: +3 21 45 24 5 Fax: +3 21 45 25 17/ 19 E-mail: snp@allied-shipbroking.gr ALLIED CHARTERING S.A. 48, Aigialeias Street, 4 th Floor, Maroussi 151 25, Greece Tel : +3 21 42 88 1 Fax: +3 21 45 24 21 drycargo@allied-chartering.gr E-mails: tanker@allied-chartering.gr Visit us @ www.allied-shipbroking.gr