Monday, September 3, 213 - Week 4 The Week at a Glance Last month s rally of Baltic Dry Index has eased, showing signs of stabilization in the region of 2, points. Activity remains in reasonable good levels, with buyers of quality modern tonnage, always hungry. Investors are either from the traditional part of shipping, or new companies. An interesting reported deal is the acquisition from Empire Bulkers of five modern handysizes from bankrupt Korean owners TPC in unconfirmed yet details. Furthermore, the sale of the handymax CB Paradise (46,232 dwt, 23 blt, Japan) to the Singapore based Pioneer Maritime led by formerly Dryship s, CFO Mr Pankaj Khanna joint by private equity firm Garison Investement Group. Tanker activity this week remained in low levels in comparison to previously seen higher volumes especially in the Aframax sector. On the contrary demolition market is becoming stronger for the India-subcontinent mainly driven by the strengthening of Indian Rupee. Remains to be seen if it is going to stabilize and create more confidence. Chinese demo activity is slowing due to the upcoming Chinese holidays. Done but failed true or false: The bulk carrier Voge felix (24279 dwt, 1997 blt, Japan) was reported sold last week, but due to buyers failure to lodge the deposit, the vessel is available for sale again. On the other hand, the handymax Ayse Aksoy (45694 dwt, 1995 blt, Japan) even though failed last week, has been finally sold to Bangladesh based buyers at USD 7,45 Million. Greek Listed Companies Last Fridays Closing Weekly Difference NYSE 9684,16-85,57 NASDAQ 3781,59 6,86 Dry Ships 3,64,15 Navios 7,21,1 Excel,331,6 Baltic Dry Indices* Last Fridays Closing Weekly Difference Baltic Dry Index 246 142 Baltic Cape index 3967-51 Baltic Panamax Index 18 347 Baltic Supramax Index Baltic HandySize Index 169 15 594 36 Diana 12,21, Top Ships 1,86 -,4 TEN 5,37,6 Stealth Gas 9,26 -,6 Capital Product Partners 8,92,16 Euroseas 1,55 -,15 Danaos 3,93 -,4 Currencies* Last Fridays Closing Weekly Difference EURO/USD 1,35225, USD/JPY 98,235-1,1 USD/CNY 6,1192, *The above tables show last Friday's closing including the weekly balance. Costamare 17,74 -,44 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 246 142 CAPESIZE 3967 51 38.23 58 STRONGER PANAMAX 18 347 14.436 2785 STRONGER SUPRAMAX 169 15 11.179 114 STRONGER HANDYSIZE 594 36 8.473 53 STRONGER Bulk Carrier Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment IKAN TAMBAK 1899 27 JAPAN - 3 X 3,5t CRANES MAN-B&W 9.3. USD SOLD TO GREEK BUYERS BENETE BAY 28342 28 JAPAN - 4 X 3,5t CRANES MAN-B&W 17.. USD MARITIME SIRINANT NEW SAILING STAR 3239 23 JAPAN - 4 X 3t CRANES Mitsubishi - SOLD TO UNDISCLOSED BUYERS (SS DUE 6/18 - DD DUE 2/16) SOLD TO HONG KONG BASED BUYERS (PACIFIC BASIN) ON PRIVATE TERMS 32912 21 CHINA - 4 X 3t CRANES MAN-B&W 11.3. USD SOLD TO UNDISCLOSED BUYERS SAMJIN 3372 29 CHINA - 4 X 35t CRANES MAN-B&W - TPC LITTELTON 33717 21 CHINA - 4 X 35t CRANES MAN-B&W - LONGVIEW 33723 211 CHINA - 4 X 35t CRANES MAN-B&W - JUST FITZ ll 33663 21 CHINA - 4 X 35t CRANES MAN-B&W - TPC VANCOUVER 33663 21 CHINA - 4 X 35t CRANES MAN-B&W - SOLD TO GREEK BUYERS ON PRIVATE TERMS (EMPIRE BULKERS) OMIROS 42183 1987 JAPAN - 5 X 25t CRANES Sulzer 3.85. USD SOLD TO UNDISCLOSED BUYERS CHANG HANG JING HAI CHANG HANG MAO HAI 45542 211 CHINA - - - 12.75. USD 45542 211 CHINA - - - 12.75. USD AYSE AKSOY 45694 1995 JAPAN - 4 X 25t CRANES B&W 7.45. USD CB PARADISE 46232 23 JAPAN - 4 X 3t CRANES B&W 15.75. USD SOLD TO CHINESE BUYERS AT AUCTION SOLD TO CHINESE BUYERS AT AUCTION SOLD TO BANGLADESH BASED BUYERS (LAST WEEK S SALE FAILED) SOLD TO SINGAPORE BASED BUYERS (PIONEER MARINE) (SS PASSED) JIMPACIFIC 82 213 CHINA - - MAN-B&W 26.5. USD SOLD TO UNDISCLOSED BUYERS CHANG HANG JI HAI CHANG HANG XIANG HAI CHANG HANG AN HAI CHANG HANG KANG HAI 93297 29 CHINA - - MAN-B&W - 93412 21 CHINA - - MAN-B&W - 93412 21 CHINA - - MAN-B&W - 93412 211 CHINA - - MAN-B&W - SOLD EN BLOC TO UNDISCLOSED BUYERS ON PRIVATE TERMS Container Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment LEOPARD 22983 1998 POLAND 173 3 X 4t CRANES Sulzer - SANTA PRISCILLA SCI NHAVA SHEVA General cargo 67222 25 SOUTH KOREA 547 - Sulzer - 67255 25 SOUTH KOREA 547 - Sulzer - Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment LEOPARD 9187 21 ROMANIA - 3 X 25t CRANES MaK - ISHTAR 11423 1997 ARGENTINA 8 2 X 3t CRANES Sulzer - SOLD TO TURKISH BUYERS ON PRIVATE TERMS SOLD TO CLIENTS OF "MARITIME OPPORTUNITIES" ON PRIVATE TERMS SOLD TO CLIENTS OF "MARITIME OPPORTUNITIES" ON PRIVATE TERMS SOLD TO TURKISH BUYERS ON PRIVATE TERMS SOLD TO TURKISH BUYERS ON PRIVATE TERMS 2
Wet SIZE INDEX W-O-W CHANGE BDTI 587 7 BCTI 535 4 SIZE AVG SPOT EARNINGS W-O-W CHANGE AVG T/C RATES BSS 1 YR TREND VLCC $ 1,124 5% 18. STEADY SUEZMAX $ 1,156 76% 16. STEADY AFRAMAX $ 9,369 1% 13. STEADY CLEAN MR $ 12,238 2% 14.5 STEADY Tanker Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment EBRU S (Epoxy Coated, IMO ll) FURE STAR (IMO lll) 351 24 TURKEY Y Y MAN-B&W 5.. USD SOLD TO RUSSIAN BUYERS 14972 1994 SINGAPORE Y Y Wartsila 7.9. USD SOLD TO PANAMA BASED BUYERS BUM CHIN 19991 25 JAPAN Y Y MAN-B&W 2.. USD BUM EUN (ST.STEEL, IMO ll) GLOBAL PEACE (ST.STEEL, IMO ll) GLOBAL CHALLENGE (ST.STEEL, IMO ll) MCT ALIOTH (Epoxy Phen, IMO ll) Gas tanker 19992 25 JAPAN Y Y MAN-B&W 2.. USD 19992 29 JAPAN Y Y MAN-B&W 27.1. USD 19993 29 JAPAN Y Y MAN-B&W 27.1. USD SOLD EN BLOC WITH "BUM EUN" TO U.S BASED BUYERS - RGN USD 4.. EN BLOC SOLD EN BLOC WITH "BUM CHIN" TO U.S BASED BUYERS - RGN USD 4.. EN BLOC SOLD EN BLOC WITH "GLOBAL CHALLENGE" TO U.S BASED BUYERS - RGN USD 54.2. EN BLOC SOLD EN BLOC WITH "GLOBAL PEACE" TO U.S BASED BUYERS - RGN USD 54.2. EN BLOC 19996 1999 CROATIA Y Y MAN-B&W 9.. USD SOLD TO UNDISCLOSED BUYERS Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment SYN ALCOR 9329 23 ITALY N Y MaK - SOLD TO GREEK BUYERS (PARADISE GAS CARRIERS) 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 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 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 2127 989 698 4329 1747 129 18 99 651 169 868 664 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 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 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 Baltic Supramax - HandySize Index 3.5 3. 2.5 2. 1.5 1. 5 7. 6. 5. 4. 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 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 213 Secondhand Activity per / Size/ Invested Capital...during 212 Size No of DWT Invested Capital No of DWT Invested Capital A. Dry 526 3.932.477 $5.567.815. A. Dry B. Tanker 392 19.98.48 $4.987.95. 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,+ 74 441.79 $13.64. 145 3.957.662 $935.76. 89 4.42.711 $1.2.4. 12 7.635.561 $1.647.775. 52 8.482.346 $1.11.6. 462 24.92.7 $4.835.635. C. Container 139 3.262.499 $1.22.42. D. Reefer 7 55.822 $49.95. E. RoRo Cargo/ Ferry/ Passenger 39 337.645 $85.375. F. Miscellaneous 3 14.11 $13.. Grand Total 1.16 54.511.24 $11.726.51. Bulk Carriers Sales Per during 213 11 % CAPESIZE 22 % PANAMAX 19 % HANDYMAX 31 % HANDY 16 % MINIBULK 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,+ 96 51.468 $564.1. 18 6.248.692 $2.8.735. 25 1.88.12 $256.2. 37 3.866.643 $676.8. 21 3.37.892 $77.1. 2 5.87.294 $593.6. 1 3.132.919 $376.8. Tankers Sales Per during 213 3 % ULCC 5 % VLCC 5 % SUEZMAX 1 % AFRAMAX 6 % PANAMAX 46 % PRODUCT 25 % MINITANK B. Tanker total 389 24.736.28 $5.975.335. C. Container Total 133 3.518.295 $942.98. D. Reefer Total 2 13.217 $8.. E. RoRo Cargo/ Ferry/ Passenger Total 16 18.347 $99.3. F. Miscellaneou s Total 15 31.329 $78..165 Grand Total 1.17 53.327.286 $11.939.25.165 5
Invested Capital in Secondhand per month as of January 212 Year Month Invested Capital 212 212 Total 213 213 Total April-212 $1.62.35. May-212 $1.194.73. June-212 $92.775. July-212 $84.56. January-212 $863.66. February- 212 $573.675. March-212 $1.135.355. August-212 $1.54.675. September- 212 $926.235. October-212 $99.34. November- 212 $1.354.655. December- 212 $863.5. $11.726.51. April-213 $1.519.125. May-213 $1.145.82. June-213 $983.14. July-213 $981.8. January-213 $1.291.89.165 February- 213 $1.6.23. March-213 $1.43.78. August-213 $1.611.565. September- 213 $1.914.9. $11.939.25.165 Dry - Buyers' Nationality 21 % OTHER 2 % NORWAY 2 % KOREA SOUTH 3 % HONG KONG CHINA 4 % TURKEY 3 % GERMANY 4 % SINGAPORE 2 % UNITED STATES OF AMERICA 15 % CHINA PEOPLE'S REPUBLIC OF 13 % UNKNOWN 31 % GREECE Wet - Buyers' Nationality 43 % OTHER 2 % NORWAY 3 % KOREA SOUTH 1 % HONG KONG CHINA 2 % TURKEY % GERMANY 4 % SINGAPORE 9 % UNITED STATES OF AMERICA 4 % CHINA PEOPLE'S REPUBLIC OF 8 % UNKNOWN 24 % GREECE Container - Buyers' Nationality 17 % OTHER 4 % NORWAY 3 % KOREA SOUTH 5 % HONG KONG CHINA 4 % TURKEY 15 % GERMANY 5 % SINGAPORE 2 % UNITED STATES OF AMERICA 3 % CHINA PEOPLE'S REPUBLIC OF 17 % UNKNOWN 26 % GREECE Invested Capital Graph - Invested Capital in Secondhand per month as of January 212 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.. 1/212 Buyer's Country 2/212 3/212 4/212 5/212 6/212 7/212 8/212 Invested Capital Per Month 9/212 1/212 11/212 Months Total Capital 12/212 1/213 2/213 No Of Buyers Nationality during 213 - Top 1 (No of vessels per sector) A. Dry B. Tanker C. Container 3/213 4/213 5/213 6/213 D. Reefer 7/213 8/213 9/213 16 15 14 13 12 11 1 9 8 7 6 5 4 3 2 1 No of Vesels Grand Total GREECE 145 92 34 271 UNKNOWN 59 31 23 113 CHINA, PEOPLE'S REPUBLIC OF 69 15 4 88 UNITED STATES OF AMERICA 8 36 2 46 SINGAPORE 17 16 6 39 GERMANY 13 1 2 34 TURKEY 19 7 5 31 HONG KONG, CHINA 16 4 7 27 KOREA, SOUTH 9 12 4 25 NORWAY 8 8 5 21 Other 99 167 23 2 291 Grand Total 462 389 133 2 986 Buyer's Country Buyers Nationality during 213 - Top 1 (Invested Capital per sector) A. Dry B. Tanker C. Container D. Reefer Grand Total GREECE 2.58.15. 1.625.175. 336.85. 4.2.175. UNITED STATES OF AMERICA 122.45. 998.6. 15.6. 1.136.65. CHINA, PEOPLE'S REPUBLIC OF 46.95. 435.7. 23.7. 866.35. UNKNOWN 437.2. 23.7. 137.72. 85.62. SINGAPORE 42.55. 163.4. 29.9. 595.85. NORWAY 167.6. 16.9. 91.15. 419.65. HONG KONG, CHINA 186.7. 52.3. 16.7. 345.7. MONACO 297.2. 297.2. KOREA, SOUTH 19.18. 164.9. 12.. 286.8. Other 68.65. 2.6.31. 93.. 8.. 2.841.915. Grand Total 4.835.635. 5.975.335. 942.98. 8.. 11.761.95. 6
New Building Bulk Carrier Orders Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date BC 4 34,9 NAMURA - WISDOM 216 BC 1 35, JINLING - ARISTON NAVIGATION 215 BC 2+1 63, DAYANG USD 26.. GRIEG 216 BC 4 63,5 CHENGXI - WAH KWONG SHPG. 216 BC 2 15, CIC (JIANGSU) - FUJIAN SHIPPING 215/216 Other Dry Orders Type Units Dwt / Units Shipyard Reported Price Owner / Manager Delivery Date PSV 2 3,5 DWT DAYANG - UNKNOWN 215 CEMENT 1 2, DWT SHANHAIGUAN - ASSOC.BULK.CARRS. 214 Tanker Orders Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date PRODUCTS 4 5, SUNGDONG USD 34.5. BREAKWATER CAPITAL 215/216 TANKER 4+4 52, SUNGDONG USD 35.5. A.P. MOLLER 215 TANKER 6+2 55, SUNGDONG USD 34.5. U.K BASED BUYERS 215/216 TANKER 2 114, DAEWOO USD 51.. CHANDRIS 215 Other Wet Orders Type Units Dwt / Units Shipyard Reported Price Owner / Manager Delivery Date ETHY/L.P.G 3 18, DWT / 22, SINOPACIFIC OFFSHORE - ELETSON CORP 215 New Building Prices Tanker Newbuilding Prices BC Newbuilding Prices Korea China Korea China VLCC 32, USD 91.. USD 85.. SUEZMAX 157, USD 56.. USD 54.. AFRAMAX 113, USD 47.. USD 43.. "MR" TANKER 5, USD 34.5. USD 32.. CAPESIZE 18, N/A* USD 47.5. KAMSARMAX 82, N/A* USD 27.5. ULTRAMAX 62, N/A* USD 25.5. HANDYSIZE 35, N/A* USD 22.. * 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 OFFSHORE/TUG UNICORN 1111 1973 NETHERLANDS 1467 - SOLD TO INDIA ON PRIVATE TERMS GEN. CARGO ANGLIA 3765 1977 GERMANY 17 - RO-RO/PASS OSTEND SPIRIT 4213 1987 GERMANY 1125 - SOLD TO TURKEY ON PRIVATE TERMS RO-RO CARGO SULPICIO EXPRESS UNO 4636 198 JAPAN 4327 - SOLD TO INDIA ON PRIVATE TERMS GEN. CARGO TK VENICE 6596 1985 JAPAN - - GEN. CARGO TK VALLETTA 667 1985 JAPAN - - GEN. CARGO AN SHUN JIANG 14913 1987 CHINA - - GEN. CARGO FU KANG SHAN 17139 1989 CHINA - - BC NAVIGATOR M 28738 1981 JAPAN 6559 4 SOLD TO INDIA BC UCO XXX 3967 1975 JAPAN 995 346 SOLD TO UNDISCLOSED BREAKERS ON "AS IS" BAHRAIN BASIS BC MINELKAR 33742 1985 POLAND 847 415 SOLD TO BANGLADESH BC TONG SHAN HAI 34991 1983 JAPAN 778 - BC PELAGOS 3752 1984 JAPAN 776 - BC QING PING HAI 37744 1985 JAPAN 7729 - TANKER ITAJUBA 44555 1993 BRAZIL 9466 36 BC SHOU CHANG HAI 45149 1984 JAPAN - - SOLD TO UNDISCLOSED BREAKERS ON "AS IS" BRAZIL BASIS 8
Demolition Statistics For 213 Current Demolition Activity per / Size A. Dry 212 213 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,+ 69 456.15 61 383.33 322 8.459.421 22 5.92.62 12 4.63.781 53 2.364.912 118 7.945.415 46 3.14.481 87 13.885.67 4 6.734.499 A. Dry Total 698 35.376.789 42 18.489.527 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,+ 26 152.37 16 68.184 61 1.995.417 36 1.15.448 7 473.38 8 565.937 39 3.714.797 18 1.785.762 22 3.239.167 8 1.191.11 12 3.29.269 15 4.163.76 3 918.638 5 1.564.191 B. Tanker Total 17 13.73.38 16 1.489.239 C. Container Total 159 4.735.3 13 4.268.825 D. Reefer Total 6 524.714 7 53.549 E. RoRo Cargo/ Ferry/ Passenger Total 6 447.861 54 598.192 F. Miscellaneous Total 37 1.332.143 26 217.792 Grand Total 1.184 56.119.575 743 34.117.124 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 No of 212 213 DWT No of DWT BANGLADESH 28 13.647.586 15 7.327.51 CHINA, PEOPLE'S REPUBLIC OF 12 7.36.572 147 6.726.737 INDIA 454 17.531.66 261 9.54.461 OTHERS 268 7.985.467 123 3.723.827 PAKISTAN 94 9.11.211 58 5.989.332 TURKEY 4 583.673 49 89.716 Grand Total 1.184 56.119.575 743 34.117.124 ' Average Age For Demolition 212 211 21 A. Dry 28,2 3,7 31,5 B. Tanker 24,6 27,1 26,4 C. Container 23,3 29,6 27 D. Reefer 26,5 26,3 29,3 E. RoRo Cargo/ Ferry/ Passenger 34,9 32 31,5 F. Miscellaneous 33,4 34 33,7 Demolition Activity By DWT 7.. Demolition Per Month 145 Demolition of BCs by percentage for 212 6.5. 6.. 14 135 13 125 1 % Minibulk 46 % Handy 15 % Handymax 17 % Panamax 12 % Capesize 12 5.5. 115 11 5.. 15 1 4.5. 95 9 dwt 4.. 3.5. 3.. 85 8 75 7 65 6 no of vessels 2.5. 55 5 2.. 45 4 1.5. 35 3 1.. 25 2 5. 15 1 5 Demolition of Tankers by percentage for 212 1/212 2/212 3/212 4/212 5/212 6/212 7/212 8/212 9/212 1/212 11/212 12/212 Months Sum of DWT 1/213 2/213 3/213 No of 4/213 5/213 6/213 7/213 8/213 9/213 15 % Minitank 36 % Product 4 % Panamax 23 % Aframax 13 % Suezmax 7 % VLCC 2 % ULCC Year No of Dry Demolition activity since 22 DWT of Dry No of Tankers DWT of Tankers No of DWT 22 269 8.667.582 19 18.13.186 545 28.545.6 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 7.419.4 28 14.782.162 788 25.86.777 211 561 25.14.389 166 1.97.19 918 37.48.6 212 698 35.376.789 17 13.73.38 1184 56.119.575 213 42 18.489.527 16 1.489.239 743 34.117.124 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 MOISSOGLOU THEODOROS AOH: +3-21 - 96 19 87 MOBILE: +3-6932 - 45 52 41 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 PAPOUIS THASSOS AOH: +3-21 62 31 392 MOBILE: +3 6944 29 49 89 PROSSIOS TASSOS AOH: +3-21 89 46 692 MOBILE: +3 6942 6 78 32 STASSINAKIS JOHN AOH: +3 211 4 16 51 MOBILE: +3 6972 6 92 9 TOBALOGLOU EVAGELOS AOH: +3-21 - 43 25 185 MOBILE: +3-6932 - 4 56 2 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