MARKET REPORT WEEK 34 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 21 st AUGUST 2009 Nilimar's SNP market overview Our market comments this week basically echo those of a week ago, i.e.: As the summer holidays near an end, some more bulker sales have been agreed during the last week at ever firming levels against a background of a freight market which continues to slide on both volume and therefore rates. Wet market S+P is still very slow with most players continuing to monitor the market, however there was a notable sale of 2 x modern Suezmax tankers to GNMTC of Libya, who have been active tanker buyers recently - we assume because Libya is sitting on the largest oil reserves in Africa and is therefore taking advantage of the current downturn in values / prices available on a falling market. Demolition prices have maybe strengthened a little further last week and are generally now around the high $200-low $300's per LDT. The revival in the Newbuilding market we mentioned last week is continuing with the South Korean yards being the most aggressive to deal. The explanation for this is that because many yards have agreed later deliveries of existing contracts, they now have earlier berths available which the yards are keen to fill at 'attractive' levels. Enjoy any holidays you have left!!!
CRUDE BETA 164.925 2009 CRUDE ALFA 164.746 2009 RUNNER A 29.998 1990 STOLT NANAMI 19.932 2003 HYUNDAI SAMHO, S.KOREA HYUNDAI SAMHO, S.KOREA MINAMI-NIPPON, KITANIHON, TANKERS HULL DH DH 72.00 M 72.00 M LIBYAN (GNMTC) LIBYAN (GNMTC) SH 3.50 M INDONESIAN CRUDE ALFA CRUDE BETA DH 25.00 M ASIAN STST TANKS LPG CBM - NO SALES REPORTED THIS WEEK - 2500 BALTIC TANKER INDICES 2009 2000 1500 1000 500 0 0 5 10 15 20 25 30 35 40 45 50Week BDTI 08 BCTI 08 BDTI 09 BCTI 09
YUCATAN 30.838 1996 BRILLIANT ARC 177.643 2002 THERESE HEBEI 76.436 2004 TURICUM 47.639 1995 YARE 37.568 1985 GULER S 27.832 1977 BULKERS NAIKAI, HAYASHIKANE, GEAR CAPESIZE / VLOC MITSUI, CR 4x25T - 53.90 M PANAMAX / POST-PANAMAX TSUNEISHI, HANDYMAX / SUPRAMAX OSHIMA, KURUSHIMA, HANDIES 11.00 M CHINESE (ZHONGAN) GLESS 35.00 M TURKISH GREEK (FREE SEAS) CR 5x25T 2.30 M CHINESE DELY OCT/DEC 09 CR 4x25T 16.00 M UNDISCLOSED DELY FEB 2010 CR 4x25T GRABS SMALL HANDIES - NO SALES REPORTED THIS WEEK - 5.80 M GREEK SS/DD DUE U.S. MARSHALL SALE, DELY ASIS
BALTIC DRY INDICES 2009 18500 16500 14500 12500 10500 8500 6500 4500 2500 500 0 5 10 15 20 25 30 35 40 45 50 BDI 08 BCI 08 BPI 08 BHI 08 BDI 09 BCI 09 BPI 09 BHI 09 Week JEAN LD 2005 173,000 35,000$/D REPORTED FIXTURES RATE CHARTERERS DREYFUS DURATION 11/13 MONTHS ALPHA FUTURE 1999 72,893 17,500$/D LYKAVITOS 2007 58,786 16,500$/D RM PIONEER 2006 50,785 15,000$/D SPAR ORION 1996 47,639 14,000$/D BUNGE - OLDENDORFF STX PAN OCEAN 4/6 MONTHS 11/13 MONTHS 4/6 MONTHS 2 S MOON SEA 1984 38,313 10,000$/D - 4/7 MONTHS BALTIC DRY INDICES BDI BCI BPI BSI PREVIOUS WEEK CURRENT WEEK 2752 2468 4708 4030 2391 2244 1709 1733 + / - -284-678 -147 24
TWEEN / MPP / GENERAL CARGO THOR HARMON 3.628 1991 BODEWESE, NETHERLAND GEAR CR 2x30T 2.50 M SINGAPOREAN PATMOS II 45.696 1992 CSL PACIFIC 45.696 1992 ACX DAHLIA 24.542 1998 OOCL ABILITY 24.346 1997 ANNA E 20.270 1992 HENNY 4.834 1997 HEIKE 4.834 1998 BETSY S 4.825 1998 UTE S 4.810 1999 CONTAINER GEAR TEU BREMER, HDW, KANASASHI, IMABARI, NEPTUN, KROEGER, KROEGER, NAVOL, ROMANIA NAVOL, ROMANIA GLESS 2.680 P+C CHINESE GLESS 2.680 P+C CHINESE GLESS 1.675 6.20 M UNDISCLOSED GLESS 1.560 6.50 M GREEK GLESS 1.388 P+C UNDISCLOSED GLESS 366 P+C ITALIAN GLESS 366 P+C ITALIAN GLESS 366 P+C ITALIAN GLESS 360 P+C DUTCH BETSY S / HEIKE HENNY / BETSY S HEIKE / HENNY REEF REEF. CAP/TY GEAR - NO SALES REPORTED THIS WEEK - THASSOS VIII 2007 PCC/ RORO / PASS PERAMA, GREECE CARS/ LM PAX - 314 18.10 M GREEK (NOVA FERRIES)
TYPE DEMOLITION LDT USD/LT SOLD TO A ELEPHANT TANK 264.758 1987 32.182 345 BANGLADESH RE-NEGOTIATION NEW AMBITION TANK 88.761 1987 15.946 335 BANGLADESH ASIS SINGAPORE EVER GENERAL CONT 53.240 1987 - P+C UNDISCLOSED EVER GIVEN CONT 53.239 1986 - P+C UNDISCLOSED HAVKONG GAS 43.386 1978 - P+C UNDISCLOSED HEKABE GAS 43.386 1977 - P+C UNDISCLOSED BRAMBLELEAF TANK 29.999 1980 - P+C BELGIUM IRAN AKHAVAN BULK 34.859 1984 7.711 292 INDIA VIBORG BULK 28.876 1971 10.904 270 INDIA MEDITERRANEAN CARRIER BULK 23.971 1962-290 INDIA CEMENT CARRIER RELCHEM ARJUN TANK 23.661 1971 6.454 P+C INDIA MSC MICHELE CONT 21.185 1971 8.670 265 INDIA VICTORY CONT 18.381 1979 - P+C INDIA IRAN BAGHAEI TWEEN 17.947 1979 7.760 292 INDIA THOR MARINER TWEEN 17.279 1983 6.593 298 BANGLADESH PERLA II TWEEN 17.199 1979 4.406 303 INDIA IRAN MAHALLATI TWEEN 16.905 1978 7.660 292 INDIA IRAN BROOJERDI TWEEN 16.634 1978 7.760 292 INDIA MERINO EXPRESS LIVESTOCK CARRIER 12.711 1978 10.765 255 INDIA PRINKIPO TANK 10.501 1982 4.287 510 INDIA INCL. 400T OF STST SANTIAGO REEF 9.539 1978-300 INDIA HUMMER TWEEN 8.750 1980 3.231 P+C INDIA JESSY BULK 5.034 1984 3.120 P+C UNDISCLOSED JABAL ALI 2 RORO 2.553 1971 6.069 240 INDIA ASIS UAE
TYPE DELY NEWBUILDINGS BULK 176.000 2010 BULK 75.000 2012/13 BULK 32.000 2011 SWS, CHINA SASEBO, HAKODATE, 60.00 M P+C P+C OAK MARITIME, CANADA CIDO SHIPPING, HK K LINE, 1 UNIT 6 UNITS 1 UNIT MPP 6.500 2012 RONGCHENG XIXIAKOU, CHINA P+C INTERSHIP NAV., CYPRUS 1 UNIT / 10 UNITS NOW ON RODER MARKET RATES BRENT USD GBP USD K WON USD YEN USD EURO PREVIOUS WEEK CURRENT WEEK 1239.01 93.785 + / - -3.49-1.27 0.6983-0.0021 69.24 73.6 4.36 0.6044 0.604-0.0004 1242.5 95.055 0.7004