WEEKLY MARKET REPORT Week Ending: 4 th December 2009 (Week 49, Report No: 49/09) (Given in good faith but without guarantee) SUMMARY OF SALES VESSEL TYPE NEW BUILDINGS SEC O ND HAND DEMO LITIO N DEMO LITIO N TTL SALES in DW T Dry Bu lk carrie rs 5 8 2 70049 10 Tank e rs * 3 0 1 88782 1 Line rs ** 1 1 5 40395 6 C on taine rs 0 3 2 63553 5 Re e fe rs 0 0 0 0 0 Passe nge r / C ruise 0 0 0 0 0 Ro - Ro***** 0 0 1 8100 1 C om bine d *** 0 0 0 0 0 Spe cial Proje cts **** 0 0 0 0 0 TTL VSLS/De m o 9 12 11 270879 23 Key:/ * incl. Crude Oil, Clean & Dirty Products, LPG, LNG, Chemical, Asphalt and Veg-Oil ** incl. Multi-Purpose and Tweendeckers *** incl. Bulk-Ore, Ore-Oil and Bulk-Oil Carriers **** incl. Oil & Drilling Rigs, Tugs, Livestock, Trawlers, Cable/Exploration/Navy/Support vsls **** incl. Ro-Ro Cargo, Ro-Ro Passenger SECOND HAND TONNAGE SOLD FOR FURTHER TRADING Dry Bulkcarriers US$/Dwt ERNST SALAMON 74,002 DWT BLT 99 JPN 7 HO HA B&W 12,001 BHP SOLD FOR ABT US $26,1 MIL TO USA BYRS (PREVIOUS DEAL REPORTED WEEK 47/09, 20TH NOV FOR $26 MIL FAILED) 352.69 DELRAY GEM OF AQABA GEM OF HALDIA 71,862 DWT BLT 94 JPN 7 HO HA MITSUBISHI 10,381 BHP SOLD FOR ABT US $20,5 MIL TO RUSSIAN BYRS WITH SS/DD SUE 285.27 65,159 DWT BLT 82 JPN 7 HO HA SULZER 14,400 BHP 64,930 DWT BLT 82 JPN 7 HO HA B&W 15,202 BHP SOLD ENBLOC FOR ABT US $4.00 MIL EACH TO CHINESE BYRS ON SUBJECTS 61.49 NURTEN ANA GREGOS BOHINJ ATTIKA 38,888 DWT BLT 85 JPN 5 HO HA CR 4 x 25 T SULZER 8,000 BHP SOLD FOR ABT US $8 MIL TO TURKISH BYRS 205.72 38,434 DWT BLT 84 JPN 5 HO HA CR 4 x 25 T B&W 8,651 BHP SOLD FOR ABT US $7 MIL TO GREEK BYRS 182.13 34,942 DWT BLT 84 SPN 5 HO HA CR 4 x 16 T B&W 10,900 BHP SOLD FOR ABT US $4,45 MIL TO GREEK BYRS 127.35 7,511 DWT BLT 01 RUM 3 HO HA MAN-B&W 2,800 BHP SOLD FOR ABT US $5 MIL TO GERMAN BYRS 665.69 ISLAND EXPRESS Liners 3,648 DWT BLT 91 AST 1 HO HA CR 2 x 35 T 270 TEU B&W 2,230 BHP SOLD FOR AN UNDISCLOSED PRICE TO UNDISCLOSED BYRS Containers N/A MONTANIA 22,148 DWT BLT 96 POL 6 HO 8 HA 1,504 TEU B&W 22,026 BHP SOLD FOR ABT US $6 MIL TO UNDISCLOSED BYRS 270.90, INTERNET E.MAIL: snv@goldendestiny.gr
CMA CGM NORTH AFRICA 2 CAPE HORN I 12,816 DWT BLT 84 GFR 3 HO HA CR 2 x 80 T 856 TEU DEUTZ 9,514 BHP SOLD FOR ABT US $1,7 MIL TO UNDISCLOSED BYRS 132.65 12,854 DWT BLT 92 DEU 4 HO 24 HA CR 2 x 40 T 923 TEU MAK 11,970 BHP SOLD FOR ABT US $2 MIL TO UNDISCLOSED BYRS OLD SALE 155.59 NEWBUILDING VESSELS ORDERED Bulkcarriers 56,300 DWT 3 UNITS ORDERED BY PIONEER SHIP MANAGEMENT (UAE) AT IHI MARINE UNITED (JPN) PRICE UNDISCLOSED DELY 2012 (FUTURE 56 DESIGN. ELEVEN NOW ON ORDER FOR THIS OWNER) 35,000 DWT 2 UNITS ORDERED BY HANZEVAST CAPITAL BV (NTHR) AT DAO DA SHIPYARD (PRC) PRICE USD 24 MIL EACH DELY 2011 (OPTION 6 MORE. REPLACEMENTS FOR FOUR SIMILAR VESSELS CANCELLED AT NOKBONG, SOUTH KOREA) Tankers 11,750 DWT ORDERED BY NAT. IRANIAN TANKER (IRAN) AT YANGZHOU DAYANG (PRC) PRICE UNDISCLOSED DELY 9/2012 (OPTION ECERCISED.9500 CUM.TWO NOW ORDERED) 3,600 DWT (SULPHUR CARRIER) 2 UNITS ORDERED BY OCEAN REX SHPG. CO. (HK) AT SEKWANG H.I. (SKR) PRICE USD 17.25 MIL EACH DELY 06/2011, 10/2011 (OPTION ONE MORE. DEDICATED MOLTEN SULPHUR CARRIER) Liners 9,000 DWT ORDERED BY UNDISCLOSED CONTRACTOR AT ZHEJIANG AOLI (PRC) PRICE UNDISCLOSED DELY 02/2010 DEMOLITION TNK "NEW ARGOSY" BC "MARIS" BC "MARU D" 88,782 DWT BLT 87 JPN LDT 15,925 $/LDT 300 BANGLADESH ASIS SPORE 35,224 DWT BLT 75 JPN LDT 8 BANGLADESH ON PRIVATE TERMS 34,825 DWT BLT 78 JPN LDT 7,811 PAKISTAN ON PRIVATE TERMS CONT "MSC ZANZIBAR" 33,860 DWT BLT 85 KRS LDT 8,922 $/LDT 332 INDIA TEU 1923 CONT "ARTEMIS" 29,693 DWT BLT 87 YUG LDT 11,970 $/LDT 280 ASIS PHILIPPINES CHINA - TEU 2098 LINER "YURIY SAVINOV" RO-RO CARGO "EQUINE" LINER "GOLDEN HIGH" LINER "SANGTHAI LUMBER" LINER "CHANG LI" LINER "OBS SWATHY" 14,134 DWT BLT 76 POL $/LDT 278 CHINA 8,100 DWT BLT 79 SWD LDT 6,754 $/LDT 258 INDIA ASIS CAPE TOWN 7,500 DWT BLT 71 GFR LDT 2,815 UNDISCLOSED BREAKERS ON PRIVATE TERMS 7,417 DWT BLT 73 JPN LDT 2,317 $/LDT 285 INDIA 6,000 DWT BLT 81 JPN $/LDT 265 CHINA 5,344 DWT BLT 79 BRZ LDT 2,853 UNDISCLOSED BREAKERS ON PRIVATE TERMS
SHIPPING & FINANCIAL NEWS WEEK 49 SHIPPING NEWS INDEX previous FRIDAY MON TUES W ED THUR actual change % weekly actual change % change W eek 49 week 11/27/09 11/30/09 12/1/09 12/2/09 12/3/09 of the week change since 2/1/09 since 2/1/09 2008 DRY INDICES BDI 4.119 3.974 3.887 3.836 3.918 4.062-57 -1,38% 3.289 425,49% 666 Handy 1.132 1.137 1.138 1.143 1.156 1.170 38 3,36% 891 319,35% 305 BHSI TC AVERAGE 16.387 16.461 16.480 16.556 16.758 16.958 571 3,48% 12.862 314,01% 4.421 Supram ax 2.461 2.446 2.416 2.376 2.364 2.368-93 -3,78% 1.957 476,16% 564 BSI TC AVERAGE 25.730 25.571 25.265 24.849 24.721 24.765-965 -3,75% 20.470 476,60% 5.899 Panam ax 4.036 3.868 3.757 3.635 3.677 3.830-206 -5,10% 3.290 609,26% 525 BPI TCAVERAGE 32.463 31.107 30.215 29.248 29.585 30.805-1.658-5,11% 26.479 612,09% 4.227 Capesize 6.699 6.353 6.189 6.127 6.352 6.640-59 -0,88% 5.279 387,88% 839 BCI TC AVERAGE 70.618 66.931 65.060 64.570 67.041 70.662 44 0,06% 61.665 685,40% 2.448 BCTI 508 517 519 528 538 549 41 8,07% -85-13,64% BDTI 695 683 679 671 687 704 9 1,29% -145-17,08% DOW JONES New York S+P 500 NASDAQ U.S.A. (100) CAPITAL LINK M.I. CLDBI CLTI NIKKEY-225 Tokyo FTSE-100 London XETRA DAX Frankfurt CAC-40 Paris HANG SENG Hong Kong KOSPI Seoul ATHENS GENERAL FINANCIAL NEW S previous FRIDAY MON TUES WED THUR for the week 11/27/09 11/30/09 12/1/09 12/2/09 12/3/09 week % change 10.464,40 10.309,90 10.344,80 10.471,60 10.452,70 10.366,10-98,30-0,94% 1.110,63 1.091,49 1.095,63 1.108,86 1.109,24 1.099,92-10,71-0,96% 1.793,67 1.765,46 1.767,43 1.787,71 1.790,82 1.782,91-10,76-0,60% 1.820,18 1.786,14 1.800,63 1.824,34 1.841,35 1.841,35 21,17 1,16% 1.072,35 1.028,60 1.023,08 1.071,62 1.063,47 1.063,47-8,88-0,83% 2.193,67 2.153,81 2.165,15 2.215,91 2.228,75 2.228,75 35,08 1,60% 9.081,52 9.081,52 9.345,55 9.572,20 9.608,94 9.977,67 896,15 9,87% 5.194,13 5.245,73 5.190,68 5.312,17 5.327,39 5.313,00 118,87 2,29% 5.614,17 5.685,61 5.625,95 5.776,61 5.781,68 5.770,35 156,18 2,78% 3.679,23 3.721,45 3.680,15 3.775,74 3.795,92 3.799,11 119,88 3,26% 22.210,40 21.134,50 21.821,50 22.113,20 22.289,60 22.553,90 343,50 1,55% 1.599,52 1.524,50 1.555,60 1.569,72 1.591,63 1.615,00 15,48 0,97% 2.225,32 2.257,43 2.263,27 2.425,09 2.433,24 2.366,86 141,54 6,36% STOCK EXCHANGE EXCHANGE Y/$ $/GBP INR/$ $/Euro EXCHANGE $ / troy oz $ / US Bbl previous FRIDAY MON TUES WED THUR for the week 11/27/09 11/30/09 12/1/09 12/2/09 12/3/09 week % change 86,48 86,41 86,34 86,64 87,45 88,20 1,72 1,99% 1,6509 1,6465 1,6452 1,6622 1,6634 1,6559 0,00 0,30% 46,65 46,44 46,51 46,25 46,20 46,00-0,65-1,39% 1,5011 1,4965 1,5007 1,5087 1,5044 1,5068 0,006 0,38% COM M ODITIES EXCHANGE RATES previous FRIDAY MON TUES WED THUR week 11/27/09 11/30/09 12/1/09 12/2/09 12/3/09 for the week % change 1.192,60 1.176,70 1.178,45 1.197,30 1.214,55 1.210,60 18,00 1,51% 76,99 77,18 78,47 79,35 77,88 78,36 1,37 2,16% CURRENCY Japanese Yen Pound Sterling Indian Ruppea Euro COM M ODITY GOLD IPE BRENT
DRY CARGO CHARTER MARKET MOVEMENTS NOVEMBER 2009 4.700 4.600 4.500 4.400 4.300 4.200 4.100 4.000 3.900 3.800 3.700 3.600 3.500 3.400 3.300 3.200 3.100 1 BDI 1 2 2 2 BCI 8.330 8.160 7.990 7.820 7.650 7.480 7.310 7.140 6.970 6.800 6.630 6.460 6.290 6.120 5.950 5.780 5.610 5.440 5.270 5.100 1 1 2 2 2 BPI 4.450 4.350 4.250 4.150 4.050 3.950 3.850 3.750 3.650 3.550 3.450 3.350 3.250 3.150 1 1 2 2 2
2.500 2.450 2.400 2.350 2.300 2.250 2.200 2.150 2.100 2.050 2.000 1.950 1.900 1.850 1.800 BSI 1 1 2 2 2 BHSI 1.150 1.130 1.110 1.090 1.070 1.050 1.030 1.010 990 970 950 930 910 890 870 850 1 1 2 2 2
WET CARGO CHARTER MARKET MOVEMENTS NOVEMBER 2009 525 520 515 510 505 500 495 490 485 480 475 470 465 460 455 450 445 440 435 430 BCTI 1 1 2 2 2 700 690 680 670 660 650 640 630 620 610 600 590 580 570 BDTI 1 1 2 2 2