MARKET REPORT - WEEK 41 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDING FRIDAY OCTOBER 12 TH 2007 VESSEL S NAME FRONT DUCHESS 284.480 1993 TRIWATI 147.275 1991 UNITED GALLANT 140.000 1990 YARD HYUNDAI, S.KOREA AESA PUERTO REAL, SPAIN AESA PUERTO REAL, SPAIN TANKERS HULL BUYERS COMMENTS SH 56.00 M EUROPEAN FOR CONVERSION SH SH 30.00 M 30.20 M CHINESE (HOSCO) CHINESE (HOSCO) FOR CONVERSION FOR CONVERSION ESPERANZA 120.880 1993 MITSUI, SH 31.00 M CHINESE FOR CONVERSION LOTUS 100.314 1991 ONOMICHI, SH 29.00 M CHINESE FOR CONVERSION SEA LION 97.002 1991 KOYO MIHARA, LIDONG 50.530 2006 SPP, S.KOREA 60.00 M FORMOSA FOURTEEN 45.400 2005 SHIN KURUSHIMA, DS 24.50 M CHINESE - P + C VIETNAMESE (VINALINES) NORWEGIAN (BLYSTAD) SEATREASURE 37.623 1987 KASADO, DS 13.50 M UNDISCLOSED - - - STEPAN MAKAROV IVAN KRUZENSHTERN GEORGY USHAKOV 19.996 2000 19.996 2000 19.831 2001 ADMIRALTEYSKIY, RUSSIA ADMIRALTEYSKIY, RUSSIA ADMIRALEYSKIY, RUSSIA BABADAG 15.885 1997 MTW, DMITRY LAPTEV 15.885 1998 ILANDAG 15.441 1999 MUROVDAG 15.441 1999 SHAKHDAG 15.441 1999 SERRA THERESA 1.519 2003 R.M.K., TURKEY 7.10 M UNDISCLOSED -
4000 3500 3000 2500 2000 1500 1000 500 0 BALTIC TANKER INDICES 2007 0 5 10 15 20 25 30 35 40 45 50 BDTI 07 BCTI 07 Week
VESSEL S NAME NIKI KYRA NILIMAR Ships Sale & Purchase 170.800 2005 164.218 2002 TIGER LILY 149.190 1995 IOLCOS DESTINY YARD DAEWOO, S.KOREA CHINA S/B, TAIWAN CHINA S/B, TAIWAN BULKERS GEAR - 275.00 M - 275.00 M - 90.00 M 74.475 2006 HUDONG,CHINA GLESS 89.00 M ANNY PETRAKIS 74.432 2006 HUDONG,CHINA GLESS 89.00 M STANDARD VIGOR BUYERS (DIANA) (DIANA) (DRYSHIPS) (PARAGON) (PARAGON) COMMENTS KYRA, INCL. TC FOR 5 YRS AT USD 55.000PD NIKI DELY 03/2008 ANNY PETRAKIS, INCL TC AT USD 64.000PD TILL 12/2008 IOLCOS DESTINY, INCL TC AT USD 54.000PD TILL 01/2010 64.120 1981 B+W, DENMARK GLESS 25.00 M DELY JAN/FEB 08 AEGEAN HAWK 50.326 2000 MITSUI, CR 4x30T 62.30 M (DRYSHIPS) DELY 04/2008 DURUMATA 27.192 1982 KANASASHI, CR 5x15T 12.00 M EUROPEAN - SANTA BARBARA 23.721 1979 NAKSKOV, DENMARK CR 6x16T 10.00 M INDIAN - TAXIARCHIS SIERRA 21.664 1985 SHIN KOCJI, CR 3x30T DR 1x25T 15.00 M UNDISCLOSED - ELISE OLDENDORFF 20.427 1998 WUHU, CR 3x30T 28.50 M - REGAL STAR 18.411 1984 GUANGZHOU, CHINA CR 4x15T 11.00 M DELY 01/2008 GWENDOLYN 18.233 1995 SHIKOKU, CR 3x30T 23.50 M FAR EASTERN - INTER CREST 11.283 1982 TIAN SHUN 6.183 1982 TAIHEI AKITSU, DAEDONG, S.KOREA DR 4x15T 5.90 M UNDISCLOSED - DR 4x25T 2.42 M DUBAI DASED -
16000 15000 14000 13000 12000 11000 10000 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 5 BALTIC DRY INDICES 2007 10 15 20 25 30 35 40 45 50 BDI '07 BCI '07 BPI '07 BHI '07 BDI '06 BCI '06 BPI '06 BHI '06 Week VESSEL S NAME REPORTED FIXTURES RATE CHARTERERS DURATION HEBEI LOYALTY 1987 172,810 155000$/D OLDENDORFF 12 MONTHS DONG A HELIOS 1986 146,940 68,000$/D FORMOSA 3 S TORM ANTWERP 2008 76,886 79,500$/D - 1 BELO HORIZONTE 2004 76,801 93,000$/D NORDEN 3/4 MONTHS RED JASMINE 2006 76,662 88,000$/D TME 3/4 MONTHS LEONARDO LEMBO 1996 75,473 80,000$/D - 12 MONTHS MERLIN 2001 50,298 53,000$/D WYLEX 24/26 MONTHS BALTIC DRY INDICES BDI BCI BPI BSI PREVIOUS WEEK 9535 13664 9635 5860 CURRENT WEEK 10695 15477 10913 6501 + / - 1160 1813 1278 641
VESSEL S NAME COMORIN PRIDE 7.330 1986 CONTAINER YARD GEAR TEU NOBISKRUG, BUYERS COMMENTS CR 2x35T 580 6.00 M INDIAN - MARKET RATES BRENT USD GBP USD K WON USD YEN USD EURO PREVIOUS WEEK CURRENT WEEK + / - 79.19 79.74 0.55 0.4903 0.4914 0.0011 914.84 916.61 1.77 116.51 117.49 0.98 0.7079 0.7055-0.0024
NEWBUILDINGS TYPE DELY YARD BUYERS COMMENTS BULKER 180,000 2010 ODENSE 110.00 M CARRAS HELLAS 2 UNITS BULKER 180,000 2011 HHI - LAURITZEN 2 UNITS BULKER 176,000 2010/11 NEW TIMES - O.WEHR 2 UNITS BULKER 170,000 2009 DAEHAN - KEOYANG SHPG. 2 UNITS BULKER 94,000 2009/10 DALIAN 59.00 M NOBLE 4 UNITS BULKER 92,500 2010 MITSUBISHI - MITSUI OSK 2 UNITS BULKER 80,700 2011 STX - GREAT EASTERN 2 UNITS BULKER 58,000 2010 KAWASAKI - NOBLE J/V 1 UNIT BULKER 57,000 2009 JIN MAO S/B - ATLANTIC BULK CARRIERS 2 UNITS BULKER 57,000 2009/10 JIANGSU - KONIG & CIE 4 UNITS BULKER 54,000 2011 ABG SHIPYARD 38.00 M PRECIOUS SHPG. 3 UNITS BULKER 33,500 2010 ZHEJIANG JINMAO - PITIOUSA SHPG 3 UNITS BULKER 33,000 2010 ORIENT SHIPYARD - BONGSHIN CO LTD 3 UNITS TANKER 51,000 2010 STX - ETA 1 UNIT TANKER 19,700 2009 SOLI S/Y - SOLI S/Y 2 UNITS TANKER 17,000 2009/10 ZHEJIANG JIMAO - REMI MARITIME 6 UNITS - ICE CLASS C TANKER 17,000 2010 SEKWANG - SEATRAMP 2 UNITS TANKER 14,000 2009 SHENGLONG 25.00 M TANKER 13,000 2010 PHA RUNG - CAPITAL SHIP MANAGEMENT IASON HELLENIC SHPG. 3 UNITS 5 UNITS TANKER 12,000 2008 TERSAN SHIPYARD - LAURANNE SHIPPING 1 UNIT TANKER 9,000 2009 CHUANGDONG 25.00 M EUROCENIA 2 UNITS TANKER 5,300 2009/10 EREGLI 29.50 M J.T.ESSBERGER 6 UNITS MPP 7,100 2009 ANANDA - TOM WOERDEN 4 UNITS MPP 4,550 2008/09 ONEGA S/Y - ESTINOVA LTD 2 UNITS MPP 4,550 2009 ONEGA S/Y - ORIMI GROUP 2 UNITS PCC 2,000 CARS 2010/11 MITSUBISHI - TOYOFUJI SHIPPING 4 UNITS GAS 173,400 CBM 2011 DAEWOO - KNUTSEN OAS 1 UNIT GAS 160,000 CBM 2011 SAMSUNG - MOL/NYK.TEEKAY 4 UNITS PASS 2.092 PASS 2010 FINCANTIERI - CARNIVAL / CUNARD 1 UNIT