Monday, March 31, 214 - Week 14 The Week at a Glance Lack of activity and fresh cargoes led dry bulk charter rates to remain under pressure while BPI fell lower than 1 points for first time since 5/9/213. However there is a sentiment of optimism for a better 2 nd half, in case US Gulf and Continent-Black Sea grain season coincide with each other due to bad weather in the U.S. On the bulk carrier S&P market, Tess-52 CROWN PRINCESS (52,347 dwt, 25 built, Japan) was sold for USD 23, Million with TC attached to Oldendorff, at an index linked rate. When we compare this sale with that of SKY MARINE V (53,459 dwt, 25 built, Japan), which has been sold in the region of USD 22, Million, we can ascertain that 1 years old Supramax prices continue to rise. Notable also, is the en bloc sale of two Ultramax Chegxi resales owned by Parakou in the region of USD 29,7 Million each to European buyers, which firms even more the prices in these levels. Lastly rumor has it that ORIENT SINGAPORE(33,688 dwt,211 built, Japan) has been committed to Greek buyer in the region of USD 23 Million. On the tanker sector VLCCs dominated the S&P reports. ASIAN PROGRESS II (314,26 dwt, 2 built,japan) was sold to Greeks in the region of USD 28, Million, which compared to ULYSSES (31,137 dwt, 1999 built, S.Korea) bought by Malaysians for USD 25, Million - shows that older tonnage prices are raising significantly. Buyers for modern VLCCs are acting extensively for modern vessels as well. Tankers Investments -subsidiary of Teekay- have committed en bloc A ELEPHANT(32,41 dwt, 21 built, S.Korea), B ELEPHANT(32,16 dwt, 21 built, S.Korea) and C ELEPHANT(32,327 dwt, 211 built, S.Korea), while Greeks have purchased BLUE GARNET (321,52 dwt, 211 built, S.Korea) and BLUE JADE (32,15 dwt, 212 built, S.Korea). Both above deals are on private terms. As of the NB-resales sector, it s noteworthy to mention the price gap between S.Korean and Chinese tonnage, difference of which reaches even 27%. We can realize this fact considering that SUNGDONG 1199 (18, dwt, 215 built, S.Korea), has been sold to clients of Scorpio in the region of USD 61,2 Million in contrast to the en bloc deal of QINGDAO BEIHAI BC18-3 (18, dwt, 214 built, China) and QINGDAO BEIHAI BC18-26(18, dwt, 214 built, China), at USD 48, Mill each. Greek Listed Companies Last Fridays Closing Weekly Difference NYSE 1434,87 42,65 NASDAQ 4155,76-121,3 Dry Ships 3,25 -,23 Navios 9,64 -,17 Diana 11,96 -,46 Top Ships 1,42 -,3 TEN 7,58 -,9 Stealth Gas 11,51,2 Capital Product Partners 1,62 -,53 Euroseas 1,27 -,3 Danaos 7,1,1 Costamare 21,9,53 Baltic Dry Indices* Last Fridays Closing Weekly Difference Baltic Dry Index 1373-226 Baltic Cape index 2557-479 Baltic Panamax Index Baltic Supramax Index Baltic HandySize Index 978-134 1115-94 649-25 Currencies* Last Fridays Closing Weekly Difference EURO/USD 1,37938, USD/JPY 12,25,67 USD/CNY 6,22626 -,1 *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 1373 226 CAPESIZE 2557 479 19.211 5624 WEAKER PANAMAX 978 134 7.888 168 WEAKER SUPRAMAX 1115 94 11.659 984 WEAKER HANDYSIZE 649 25 9.644 293 WEAKER Bulk Carrier Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment FEDERAL FUJI 29531 1986 JAPAN 14 4 X 25t CRANES Sulzer 3.45. USD SOLD EN BLOC TO MIDDLE FEDERAL EASTERN BUYER - RGN USD 29536 1985 JAPAN 14 4 X 25t CRANES Sulzer 3.45. USD POLARIS 6.9. EN BLOC CROWN PRINCESS ANNA OLDENDORFF CHENGXI RESALE HULL NR CX639 CHENGXI RESALE HULL NR CX64 52347 25 JAPAN - 4 X 3t CRANES MAN-B&W 23.. USD 52466 22 JAPAN - 4 X 3t CRANES B&W 18.25. USD 64 3/215 CHINA - 4 X 3t CRANES YYY 29.7. USD 64 5/215 CHINA - 4 X 3t CRANES YYY 29.7. USD OCEAN LILY 76585 26 JAPAN - - MAN-B&W 25.. USD SUNGDONG RESALE HULL NR 1199 SOLD TO CHINESE STATE OWNED BUYERS WITH TC ATTACHED TO OLDENDORFF AT AN INDEX LINKED RATE SOLD TO N BUYER BASIS BB BACK FOR 2 YEARS SOLD EN BLOC TO EUROPEAN BUYER - RGN USD 59.4. EN BLOC SOLD TO JAPANESE BUYER (SANKO) 18 4/215 - - MAN-B&W 61.2. USD SOLD TO ITALIAN BUYER (SCORPIO) Container Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment RAFFLESIA 24548 1997 JAPAN 1675 - Mitsubishi - SOLD TO UNDISCLOSED BUYER ON PRIVATE TERMS WESTEREMS 36 1997 POLAND 272 3 X 45t CRANES Sulzer 7.. USD SOLD TO GREEK BUYER MSC UGANDA 63523 1997 4545 - B&W - CMA CGM VIVALDI General cargo 11661 24 8238 - MAN-B&W 5.. USD Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment ATALANTA (CONBULKER) SOLD TO UNDISCLOSED BUYER ON PRIVATE TERMS SOLD TO JAPANESE BUYER (MC SEAMAX) SUBSIDIARY OF MITSUBISHI CORP BASIS 3 YEARS TCB 44593 1999 POLAND 183 3 X 4t CRANES Sulzer 6.75. USD SOLD TO CHINESE BUYER (NASCO) 2
Wet SIZE INDEX W-O-W CHANGE BDTI 79 2 BCTI 613 1 SIZE AVG SPOT EARNINGS W-O-W CHANGE AVG T/C RATES BSS 1 YR TREND VLCC $ 13.16 9.5% 26. STEADY SUEZMAX $ 17.27 28% 2. STEADY AFRAMAX $ 15.375 18% 15.25 STEADY CLEAN MR $ 1.42 5% 15. STEADY Tanker Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment BROVIG VINDUR (Coated, IMO II) ANGEL NO.12 (St.Steel, IMO II) STOLT AMI (St.Steel, IMO II/III) HELLAS CONSTELLATION (Coated) 4653 26 TURKEY Y Y MAN-B&W 4.4. USD SOLD TO NORWEGIAN BUYER 199 212 CHINA Y Y MAN-B&W 27.5. USD SOLD TO U.S.A. BASED BUYER (PRINCIMAR) 19963 26 JAPAN Y Y Mitsubishi 23.. USD SOLD TO UNDISCLOSED BUYER 46162 2 HUELVA SPIRIT 14999 21 Y Y MAN-B&W 11.9. USD SOLD TO NIGERIAN BUYER Y Y B&W 21.. USD SOLD TO UNDISCLOSED BUYER SEASPRITE 157 6/214 CHINA Y Y MAN-B&W 54.5. USD SOLD EN BLOC TO NORWEGIAN BUYER (FRONTLINE) - RGN USD SEAGRACE 157 4/214 CHINA Y Y MAN-B&W 54.5. USD 19.. EN BLOC ASIAN PROGRESS II A ELEPHANT 3241 21 B ELEPHANT 3216 21 C ELEPHANT 32327 211 BLUE GARNET 32152 211 BLUE JADE 3215 212 31426 2 JAPAN Y Y B&W 28.. USD SOLD TO GREEK BUYER Y Y MAN-B&W - Y Y MAN-B&W - Y Y MAN-B&W - Y Y MAN-B&W - Y Y MAN-B&W - SOLD EN BLOC TO CANADIAN BUYER (TANKERS INVESTMENTS) SUBSIDIARY OF TEEKAY ON PRIVATE TERMS SOLD EN BLOC TO GREEK BUYER ON PRIVATE TERMS 3
B a l t i c D r y I n d i c e s 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 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 1549 143 3725 2246 1281 2132 1742 1296 1612 1374 186 212 1738 919 647 3287 1569 182 1738 962 418 13 94 6 213 2337 1219 698 4329 2133 129 296 1194 651 1562 99 664 214 2277 1385 184 478 2235 1513 1825 1312 978 1453 1118 928 Baltic Dry Index 1. 8. 6. 4. 2. 1/3/85 1/9/85 1/3/86 1/9/86 1/3/87 1/9/87 1/3/88 1/9/88 1/3/89 1/9/89 1/3/9 1/9/9 1/3/91 1/9/91 1/3/92 1/9/92 1/3/93 1/9/93 1/3/94 1/9/94 1/3/95 1/9/95 1/3/96 1/9/96 1/3/97 1/9/97 1/3/98 1/9/98 1/3/99 1/9/99 1/3/ 1/9/ 1/3/1 1/9/1 1/3/2 1/9/2 1/3/3 1/9/3 1/3/4 1/9/4 1/3/5 1/9/5 1/3/6 1/9/6 1/3/7 1/9/7 1/3/8 1/9/8 1/3/9 1/9/9 1/3/1 1/9/1 1/3/11 1/9/11 1/3/12 1/9/12 1/3/13 1/9/13 1/3/14 1/9/14 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 1\6\12 1\9\12 1\12\12 1\3\13 1\6\13 1\9\13 1\12\13 1\3\14 1\6\14 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 1\6\12 1\9\12 1\12\12 1\3\13 1\6\13 1\9\13 1\12\13 1\3\14 1\6\14 Baltic Supramax - HandySize Index 3.5 3. 2.5 2. 7. 6. 5. 4. 1.5 1. 5 3. 2. 1. 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 1\6\12 1\9\12 1\12\12 1\3\13 1\6\13 1\9\13 1\12\13 1\3\14 1\6\14 4
S e c o n d h a n d S a l e s S t a t i s t i c s Current Secondhand Activity per / Size/ Invested Capital During 214 Secondhand Activity per / Size/ Invested Capital...during 212 Size DWT Invested Capital DWT Invested Capital A. Dry 524 3.866.34 $5.543.315. A. Dry B. Tanker 391 19.629.789 $4.96.95. 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,+ 31 185.263 $25.965. 47 1.292.234 $476.85. 44 2.271.272 $791.26. 54 4.35.875 $899.64. 23 3.65.538 $78.5. 199 11.435.182 $2.974.215. C. Container 139 3.261.969 $1.22.42. D. Reefer 7 55.822 $49.95. E. RoRo Cargo/ Ferry/ Passenger 39 336.6 $85.375. F. Miscellaneous 4 312.124 $4.. Grand Total 1.14 54.462.14 $11.72.1....during 213 DWT Invested Capital A. Dry 658 36.36.77 $7.532.125.288 B. Tanker 499 31.55.41 $8.23.435. C. Container 18 5.34.545 $1.84.68. 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,+ 32 22.213 $217.4. 79 2.577.63 $928.55. 1 719.514 $154.9. 21 2.36.883 $58.75. 16 2.495.787 $515.75. 1 2.967.278 $23.3. 27 8.431.391 $578.. D. Reefer 2 13.217 $8.. E. RoRo Cargo/ Ferry/ Passenger 18 123.37 $99.3. F. Miscellaneous 28 133.299 $428.5.165 Grand Total 1.385 73.16.216 $18.112.4.453 Bulk Carriers Sales Per during 214 12 % CAPESIZE 27 % PANAMAX 22 % HANDYMAX 24 % HANDY 16 % MINIBULK B. Tanker total 195 19.718.696 $3.25.65. C. Container Total 52 2.43.193 $637.62. D. Reefer Total 1 7.726 $4.1. Tankers Sales Per during 214 E. RoRo Cargo/ Ferry/ Passenger Total 6 17.788 $14.. 14 % ULCC 5 % VLCC 8 % SUEZMAX 11 % AFRAMAX 5 % PANAMAX 41 % PRODUCT 16 % MINITANK F. Miscellaneou s Total 21 134.96 $397.255. Grand Total 474 33.356.681 $7.232.84. 5
Invested Capital in Secondhand per month as of January 213 Year Month Invested Capital 213 213 Total 214 214 Total January-213 $1.227.89.165 February- 213 $1.6.23. March-213 $1.42.98. April-213 $1.445.125. May-213 $1.145.82. June-213 $983.14. July-213 $975.95. August-213 $1.459.265. September- 213 $2.47.65.288 October-213 $2.116.1. November- 213 $2.778.685. December- 213 $1.451.25. $18.112.4.453 January-214 $2.48.89. February- 214 $1.621.7. March-214 $3.22.25. $7.232.84. Dry - Buyers' Nationality Invested Capital Graph - Invested Capital in Secondhand per month as of January 213 3.2.. 3... 2.8.. 2.6.. 2.4.. 2.2.. 2... 1.8.. 1.6.. 1.4.. 1.2.. 1... 8.. 6.. 4.. 2.. 1/213 2/213 3/213 4/213 5/213 6/213 Invested Capital Per Month 7/213 8/213 Months Total Capital 9/213 1/213 No Of Buyers Nationality during 214 - Top 1 ( vessels per sector) 11/213 12/213 1/214 2/214 3/214 22 21 2 19 18 17 16 15 14 13 12 11 1 9 8 7 6 5 4 3 2 1 Vesels 22 % OTHER 6 % MALTA 6 % ITALY 5 % GERMANY 3 % NORWAY % BELGIUM 5 % CHINA PEOPLE'S REPUBLIC OF 3 % SINGAPORE 1 % UNITED STATES OF AMERICA 2 % UNKNOWN 32 % GREECE Wet - Buyers' Nationality 31 % OTHER % MALTA 1 % ITALY % GERMANY 4 % NORWAY 8 % BELGIUM 3 % CHINA PEOPLE'S REPUBLIC OF 1 % SINGAPORE 16 % UNITED STATES OF AMERICA 11 % UNKNOWN 16 % GREECE Container - Buyers' Nationality 27 % OTHER % MALTA % ITALY 1 % GERMANY % NORWAY % BELGIUM 6 % CHINA PEOPLE'S REPUBLIC OF 1 % SINGAPORE 21 % UNITED STATES OF AMERICA 13 % UNKNOWN 13 % GREECE Buyer's Country A. Dry B. Tanker C. Container D. Reefer Grand Total GREECE 64 32 7 13 UNKNOWN 39 22 7 1 69 UNITED STATES OF AMERICA 1 31 11 43 SINGAPORE 5 19 5 29 CHINA 9 5 3 17 BELGIUM 15 15 NORWAY 5 8 13 GERMANY 9 5 14 ITALY 11 2 13 MALTA 12 12 Other 44 61 14 119 Grand Total 199 195 52 1 447 Buyer's Country Buyers Nationality during 214 - Top 1 (Invested Capital per sector) A. Dry B. Tanker C. Container D. Reefer Grand Total GREECE 1.218.26. 1.111.8. 31.. 2.361.6. NORWAY 155.99. 291.8. 447.79. SINGAPORE 144.4. 425.1. 32.67. 62.17. UNKNOWN 266.465. 275.5. 4.. 4.1. 549.615. UNITED STATES OF AMERICA 5.2. 35.5. 221.5. 532.2. ITALY 445.95. 7.. 452.95. CANADA 9.. 251.75. 26.75. GERMANY 89.5. 17.. 259.5. CHINA 93.3. 82.65. 3.3. 26.25. Other 555.6. 76.75. 148.15. 1.41.5. Grand Total 2.974.215. 3.25.65. 637.62. 4.1. 6.821.585. 6
New Building Bulk Carrier Orders Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date BC 1 33, SHIN KURUSHIMA N/A SESODA 217 BC 2 37,3 NANJING DONGZE N/A NORDIC HAMBURG SHIPMGMT GMBH 215 BC 4 4, XINGANG N/A COSCO 215/216 BC 2 43,5 QINGSHAN SHIPYARD N/A BLUE WALL 217 BC 1 61, NANTONG COSCO KHI N/A DENSAY SHIPPING 216/217 BC 2 64, JINLING SHIPYARD N/A DENSAY SHIPPING 216/217 BC 2 82, AVIC WEIHAI N/A MST 215/216 BC 2 84, SASEBO N/A SANTOKU SENPAKU 215/216 BC 1 84,9 SASEBO N/A QUINTANA 215 BC 1+3 95, JIANGSU EASTERN SHIPYARD USD 3,, VICTORIA STEAMSHIP 215 BC 4 18, XINGANG N/A COSCO 216 BC 5 18, IMABARI SB USD 6,, K LINE 215/216 BC 4 28, JIANGSU EASTERN SHIPYARD USD 56,, OLDENDORFF 216 Other Dry Orders Type Units Dwt / Units Shipyard Reported Price Owner / Manager Delivery Date CONTAINER 4 23,8/173 ZHEJIANG OUHUA N/A NORD REEDEREI LTD 215/216 Tanker Orders Type Units Dwt/Units Shipyard Reported Price Owner / Manager Delivery Date TANKER 2 25, FUKUOKA SHIPBUILDING N/A NAVIG8 216 TANKER 4+8 74, SPP SHIPBUILDING USD 48,, NAVIG8 216 TANKER 4 112,7 DAEWOO MANGALIA USD 51,, TSAKOS ENERGY NAVIGATION 216/217 TANKER 4 115, DAEWOO SHIPBUILDING & MARINE ENGIN. N/A GREEK BUYER 215/216 TANKER 2+2 16, HHI N/A CM LEMOS 216 TANKER 2 3, HHI N/A NAVIG8 216 TANKER 2 3, HANJIN SUBIC BAY USD 95,, NAVIG8 216 TANKER 2 3, HANJIN SUBIC BAY USD 95,, TRANSPORTATION RECOVERY FUND 216/217 TANKER 2 32, HANJIN SUBIC BAY N/A NEREUS 216 New Building Prices Tanker Newbuilding Prices BC Newbuilding Prices Korea China Korea China VLCC 32, USD 1.. USD 92.. SUEZMAX 157, USD 67.. USD 6.. AFRAMAX 113, USD 55.. USD 48.. "MR" TANKER 5, USD 37.5. USD 33.. CAPESIZE 18, USD 57.. USD 55.. KAMSARMAX 82, USD 35.. USD 31.. ULTRAMAX 62, N/A* USD 28.5. HANDYSIZE 35, N/A* USD 24.. * Note: Due to the Present New Building cost, Korean Shipyards are unwilling to quote. 7
Demolition Sales Type Vessel's Name DWT Built Country LDT Price/ ldt Sale's Comment GEN.CARGO GAZELLE COAST 5635 1984 DENMARK 2185 - SOLD TO CHINA ON PRIVATE TERMS GEN. CARGO BU HUNG 786 1977 BRAZIL - - SOLD TO CHINA ON PRIVATE TERMS GAS TANKER GAZ SYMPHONY 8136 1987 JAPAN 4756 468 SOLD ON AS IS FUJAIRAH BASIS TO UNDISCLOSED BREAKER INCLUDING 5 TONS IFO GEN. CARGO PE GAE BONG 9769 198 NORTH 3898 - SOLD TO CHINA ON PRIVATE TERMS REEFER BALTIC MARINER 9852 1979 BELGIUM 5274 47 SOLD TO INDIA CONTAINER CAROL 175 1991 GERMANY 61 - SOLD TO INDIA ON PRIVATE TERMS BC ZHEN FEN 7 242 1985 CHINA 575 - SOLD TO CHINA ON PRIVATE TERMS BC AMIRA MARIAM 23791 1982 JAPAN 5947 462 SOLD TO INDIA CONTAINER KOTA WIJAYA 24689 1991 JAPAN 6815 525 SOLD TO INDIA INCLUDING 35 TONS IFO CONTAINER ATHENS TRADER 35534 1995 1317 492 SOLD TO INDIA ON AS IS JEBEL ALI BASIS INCLUDING 39.5 TONS IFO AND A NON FERROUS PROPELLER BC DING HU SHAN 39 1985 CHINA 9689 - SOLD TO CHINA ON PRIVATE TERMS BC BAO ZHONG 188 5265 1987 U.S.S.R. 1333 - SOLD TO CHINA ON PRIVATE TERMS TANKER OVERSEAS BERYL 94799 1994 1794 453 SOLD TO UNDISCLOSED BREAKER ON AS IS BASIS 8
Demolition Statistics For 214 Current Demolition Activity per / Size A. Dry 213 214 Size No Of DWT No Of DWT 1. Minibulk (up to 9,999 2. Handy (1, - 39,999 3. Handymax (4, - 59,999 4. Panamax (6, - 79,999 5. Capesize (8,+ 86 527.226 25 171.833 28 7.438.865 39 988.487 71 3.177.777 8 358.42 56 3.77.967 11 745.368 5 8.717.76 6 969.498 A. Dry Total 543 23.632.595 89 3.233.588 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,+ 25 119.992 7 33.144 54 1.749.84 18 563.949 9 634.84 2 136.511 28 2.739.766 7 677.26 12 1.762.116 1 149.544 17 4.727.514 4 1.127.543 8 2.476.181 B. Tanker Total 153 14.28.737 39 2.687.717 C. Container Total 172 5.836.6 46 2.111.918 D. Reefer Total 8 65.88 1 9.852 E. RoRo Cargo/ Ferry/ Passenger Total 73 831.196 15 128.811 F. Miscellaneous Total 47 6.746 8 12.614 Grand Total 996 45.175.88 198 8.184.5 Please Note that dry trading combination carriers are included in the dry sector and wet trading ones in the tanker sector. 9
Country Demolition Activity by Country 213 214 DWT DWT BANGLADESH 147 9.533.643 34 1.899.547 CHINA 164 7.469.825 37 1.676.983 INDIA 359 13.22.969 8 2.892.325 OTHERS 191 5.689.121 31 899.298 PAKISTAN 78 8.391.9 8 74.368 TURKEY 57 869.63 8 111.979 Grand Total 996 45.175.88 198 8.184.5 ' Average Age For Demolition 213 212 211 A. Dry 28,5 28,2 3,7 B. Tanker 24,9 24,6 27,1 C. Container 21,8 23,3 29,6 D. Reefer 3,4 26,5 26,3 E. RoRo Cargo/ Ferry/ Passenger 32,1 34,9 32 F. Miscellaneous 34,5 33,8 34 Demolition Activity By DWT Demolition Per Month Demolition of BCs by percentage for 213 5.4. 12 5.2. 5.. 4.8. 4.6. 4.4. 4.2. 4.. 3.8. 115 11 15 1 95 9 85 16 % Minibulk 52 % Handy 13 % Handymax 1 % Panamax 9 % Capesize 3.6. 8 3.4. 75 dwt 3.2. 3.. 2.8. 2.6. 2.4. 2.2. 7 65 6 55 5 no of vessels 2.. 45 1.8. 4 1.6. 35 1.4. 1.2. 1.. 8. 6. 4. 2. 3 25 2 15 1 5 Demolition of Tankers by percentage for 213 1/213 2/213 3/213 4/213 5/213 6/213 7/213 8/213 9/213 Months Sum of DWT 1/213 11/213 12/213 1/214 2/214 3/214 16 % Minitank 35 % Product 6 % Panamax 18 % Aframax 8 % Suezmax 11 % VLCC 5 % ULCC Year Dry Demolition activity since 23 DWT of Dry Tankers DWT of Tankers DWT 23 219 5.732.642 232 18.395.563 55 25.181.35 24 79 1.518.916 173 8.551.39 338 1.471.421 25 38 1.155.58 1 4.259.393 182 5.539.311 26 116 2.813.88 111 3.52.432 32 6.957.521 27 46 623.85 127 4.65.141 229 5.143.327 28 123 5.314.132 121 5.635.243 36 12.935.653 29 44 12.42.36 159 9.166.421 886 28.654.428 21 259 7.421.884 28 14.782.162 788 25.89.621 211 561 25.14.389 166 1.97.19 918 37.48.6 212 698 35.376.789 169 13.427.746 1182 55.574.62 213 543 23.632.595 153 14.28.737 996 45.175.88 214 89 3.233.588 39 2.687.717 198 8.184.5 1
Contact Details AERAKIS GEORGE AOH: +3-21 6 35 259 MOBILE: +3 6946 4 57 37 DASKALAKIS GEORGE AOH: +3-21-62 29 124 MOBILE: +3-6932-24 8 7 DRAKOGIANNOPOULOS SAKIS AOH: +3 2299 63 237 MOBILE: +3-6944 - 88 58 8 KARADIMAS COSTAS AOH: +3-21 - 62 11 96 MOBILE: +3-6932 - 2 15 64 MANOLAS NIKOLAS AOH: +3-21 62 1 85 MOBILE: +3 694 63 22 56 PAPOUIS THASSOS AOH: +3-21 81 31 27 MOBILE: +3 6944 29 49 89 PROSSIOS TASSOS AOH: +3-21 89 46 692 MOBILE: +3 6942 6 78 32 TOBALOGLOU EVAGELOS AOH: +3-21 - 43 25 185 MOBILE: +3-6932 - 4 56 2 BOLIS ILIAS AOH: +3-21 - 8 25 439 MOBILE: +3-6937 - 2 65 DRAKOGIANNOPOULOS STAVROS AOH: +3-21-6 11 438 MOBILE: +3-6932 - 2 15 65 HATZIGEORGIOU NASSOS AOH: +3-21 - 93 16 353 MOBILE: +3-6944 - 73 33 93 KOSTOYANNIS JOHN AOH: +3-21 - 81 31 194 MOBILE: +3-6932 - 43 39 99 MOISSOGLOU THEODOROS AOH: +3-21 - 96 19 87 MOBILE: +3-6932 - 45 52 41 PRACHALIAS ARGIRIS AOH: +3 21 48 28 354 MOBILE: +3-6972 69 55 43 STASSINAKIS JOHN AOH: +3 213 81 481 MOBILE: +3-6972 6 92 9 TSALPATOUROS COSTIS AOH: +3-21 - 96 19 278 MOBILE: +3-6932 - 2 15 63 VARVAROS PLUTON 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 11
LEGAL DISCLAIMER ------------------------------------- This report has been produced on information collected from various sources and whilst every care has been taken in its preparation, it is presented for the sole and exclusive information of its recipients, in good faith and without any guarantee from our part. None of the information contained in this report has been independently verified by any member of ALLIED SHIPBROKING INC. Consequently no representation or warranty, express or implied, is made in respect of the accuracy of the information contained herein. Neither our company nor its directors or employees shall be in any way liable for any loss nor damage occurred to any party by the use of the information and/or the comments contained in this report. Furthermore, no responsibility is accepted in respect of any errors or inaccuracies which may be contained in this report. 12