OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects Monday 17th September, 212 Volume 426 Week 37 Sub Sale & Purchase Activity Week 37 SECOND HAND SALES DRY TONNAGE Name DWT Built Yard/Country Built M/E Features OBO GENERAL 243,87 1992 HITACHI JAPAN B&W SINOKOR OBO WARRIOR 24,423 199 IHI JAPAN SINOKOR ORIENT VEGA 18,2 211 IMABARI SB JAPAN MAN-B&W Gless 36.75 GREEK ORCHID RIVER 17,896 1997 KOYO DOCK JAPAN B&W Gless 12.5 SWISS MAR. HOUHENG 1 76,5 212 HUDONG SB CHINA MAN-B&W Gless 24 GREEK BRAVE WIND 71,333 1997 NAMURA SB JAPAN B&W Gless 9.2 CHINESE CSK UNITY 68,371 1995 SASEBO JAPAN B&W Gless 7.2 UNDISCLOSED ABG 347* 54, 212 ABG INDIA MAN-B&W CR 4 X 3MT ABG 316* 54, 212 ABG INDIA MAN-B&W CR 4 X 3MT GLOBAL BULK ABG 336* 32, 212 ABG INDIA MAN-B&W CR 4 X 3MT CARRIERS ABG 34* 32, 213 ABG INDIA MAN-B&W CR 4 X 3MT GLOBAL SAN- 45,572 1997 TSUNEISHI SB JAPAN B&W CR 4 X 3MT 8.6 HONG KONG TOSH IRINI F* 42,263 1991 HYUNDAI HI KOREA, S B&W CR 4 X 1MT ALMI* 42,263 1991 HYUNDAI HI KOREA, S B&W CR 4 X 1MT JOALMI* 42,263 199 HYUNDAI HI KOREA, S B&W CR 4 X 1MT JOHN F* 42,263 1991 HYUNDAI HI KOREA, S B&W CR 4 X 1MT NENA F* 42,263 199 HYUNDAI HI KOREA, S B&W CR 4 X 1MT Abt 3.5 Each TURKISH SAL DE AMERICA 42,129 1985 KOYO DOCK JAPAN CR 4 X 25MT 3.2 ITALIAN IOANTHI 42,1 1992 OSHIMA SB JAPAN CR 4 X 3MT 6.8 F.EASTERN IASON 38,512 199 BRODOMOSOR YUGOSLA- B&W DH ROMANIAN VIA D HANDY 37, 211 HYUNDAI MIPO KOREA, S MAN-B&W N/A 2 COSMOSHIP GITTA OLDEN- 31,63 25 SAIKI HI JAPAN Mitsubishi CR 4 X 3MT 13.3 UNDISCLOSED DORFF PREV. SALE LARA RICKMERS* 44,6 1997 SZCZECINSKA S ANNA RICKMERS* 44,572 1998 SZCZECINSKA CR 3 X 4MT, 183 TEUs 5.3 CR 3 X 4MT, Each 183 TEUs CHINESE BUNGA TERATAI 24,612 1998 DAEWOO HI KOREA, S B&W Gless, 1725 TEUs 5.5 SINGAPORIAN MARCAMPANIA 23,276 1994 CAMILLA RICK- MERS* FIONA RICK- MERS* SCHICHAU SEEBECK- WERFT 23,45 1996 SZCZECINSKA 23,28 1998 SZCZECINSKA CAPE SORRELL 13,741 1997 SZCZECINSKA HANSA STRAL- SUND 12,577 1993 SZCZECINSKA HANSA WISMAR 12,575 1993 SZCZECINSKA MARE 1,7 29 HEGEMANN BERNE */** En bloc Last week's sales GERMANY B&W MAN B&W B&W CR 3 X 4MT, 1684 TEUs CR 3 X 4MT, 173 TEUs CRS 3 X 45MT, 173 TEUs CR 2 X 4MT, 155 TEUs CR 2 X 4MT, 116 TEUs CR 2 X 4MT, 116 TEUs 3 SIMATECH SHIP. UNDISCLOSED 2.4 F.EASTERN 2.75 UNDISCLOSED 2.7 UNDISCLOSED GERMANY Gless, 974 TEUs 1 USA :: Member of BIMCO and the Baltic Exchange :: 1
GC Sub TD DRY TONNAGE Name DWT Built Yard/Country Built M/E Features TAMOYO MAIDEN GC BEHICE 8,72 1989 BRAILA SAN- TIERUL GC HELI 4,2 1993 FERUS SMIT GC HOHEGRUND 3,85 2 17,297 1986 IHI JAPAN Pielstick CR 5 X 25MT DAEWOO- MANGALIA ROMANIA NETHER- LANDS Nohab CR 2 X 25MT 1.5 CHINESE.865 TURKISH AT AUCTION.6 UNDISCLOSED AT AUCTION ROMANIA 1.9 TURKISH / Ferry Ro- Ro/Pass enger */** En bloc Last week's sales MERCHANT* 13,9 1983 RAUMA-REPOLA FINLAND AURORA* 13,3 1982 RAUMA-REPOLA FINLAND Pielstick URD* 4,562 1981 APUANIA NUOVI ITALY Wartsila MAAS VIKING 11,636 29 STRAIT OF MAGELLAN* BERING STRAIT* STRAIT OF MESSINA* HUMBER VI- KING* STRAIT OF DOVER* STRAIT OF GIBRALTAR* MERCIA** WESSEX** 11,636 211 11,636 211 11,415 211 11,339 29 SWEDISH UNDISCLOSED 1,786 21 HYUNDAI MIPO KOREA, S MAN-B&W 1,77 21 HYUNDAI MIPO KOREA, S MAN-B&W 11,339 21 11,339 21 CIMBRIA 6,897 1986 FREDERIK- SHAVN VAERFT GRIMALDI LUXEMBOURG 3.5 F.EASTERN :: Associate International Member of the Cyprus Shipping Chamber :: 2
WET TONNAGE Sub Name DWT Built Yard/Country Built M/E Hull Crude Oil SAMCO RAVEN 31,653 1996 SUMITOMO HI JAPAN DH 25.75 GREEK Crude Oil TITAN VENUS 298,36 1995 DAEWOO HI KOREA, S DH UNDISCLOSED Crude Oil HAMPSTEAD 298,36 1996 DAEWOO HI KOREA, S DH UNDISCLOSED Crude Oil TENRYU 281,5 1999 MITSUBISHI JAPAN Mitsubishi DH 25 NATHALIN Crude Oil TOKACHI 28,973 1999 IHI JAPAN DH 27 NATHALIN Crude Oil KHORFAKKAN 15,34 21 SUMITOMO HI JAPAN MAN-B&W DH 33 GREEK Delivery is due in the fourth quarter when its bareboat charter with Titan Petrochemicals expires Last sale failed but Ows retained the $2.43m deposit it received and claimed for costs from the previous buyer. Crude/Oil FR8 VENTURE* 74,65 26 NEW CENTURY SB CHINA MAN-B&W DH Crude/Oil FR8 PRIDE* 74,35 26 NEW CENTURY SB CHINA MAN-B&W DH Oil FR8 REGINA- MAR* 7,312 24 DAEWOO SB KOREA, S MAN-B&W DH FR8 ENDUR- ANCE* FR8 ENDEAV- OUR* 5,655 27 SPP KOREA, S MAN-B&W DH 5,546 26 SPP KOREA, S DH ABT 146 ALMA MAR. ABT 8% - FINANCE PRO- VIDED STENA FR8 1* 46,846 27 SUNGDONG SB KOREA, S MAN-B&W DH FR8 FORTI- TUDE* 46,763 27 SUNGDONG SB KOREA, S MAN-B&W DH Oil AVONDEN 45,948 24 Chemical FORMOSA SEVEN 35,657 1996 SHIN KU- RUSHIMA SHIN KU- RUSHIMA JAPAN MAN-B&W DH 14.5 GREEK BUYERS: AVIN JAPAN Mitsubishi DH 9.35 CHINESE SUNRISE WIS- TERIA 12,665 27 SAMHO SB KOREA, S MAN-B&W DH 11.8 UNDISCLOSED SUNRISE HAMA- NASU 12,639 28 SAMHO SB KOREA, S MAN-B&W DH 12.2 VIETNAMESE NIPAYIA 8,742 1997 USUKI SY JAPAN Mitsubishi DH NIGERIAN SAMHO SPINEL 5,646 28 SAMHO SB KOREA, S Hanshin DH 7.8 KOREAN AT AUCTION ELIN APOLLO 1,952 24 MIURA SAIKI JAPAN Daihatsu DH 4.5 CHILEAN LPG DP ORION 3,594 199 TERAOKA SY JAPAN Hanshin 3 TURKISH */** En bloc Last week's sales :: Associate International Member of the Cyprus Shipping Chamber :: 3
DEMOLITION Sub Name DWT Built Yard/Country Built M/E LDT Scrap ($/t) OCEAN UNI- VERSE 245,69 1988 DAEWOO SB KOREA, S B&W 38 UNDISCLOSED AS IS S.KOREA OCEAN CAS- 182,711 199 NKK JAPAN BANGLADESH AWOBASAN 15,275 1994 KOYO DOCK JAPAN B&W 417 INDIA C. KOREANA 149,516 199 CHINA SB TAIWAN B&W 18,447 45 7.5 UNDISCLOSED OPTION FOR DELY PAKI,INDIA, BANGLA MOSEL N 122,331 1995 DAEWOO HI KOREA, S B&W 16,447 41 6.75 BANGLADESH ETERNAL 94,995 1989 KOYO DOCK JAPAN B&W 14,19 425 6 INDIA OCEAN VSP TITAN 66,995 1985 NKK JAPAN 1,958 383 4.2 UNDISCLOSED AS IS FU- PANOSTAR 63,88 1984 B&W B&W 12,5 432 5.4 BANGLADESH FULL SPARES SUNNY 61,775 1982 KOYO DOCK JAPAN B&W 11,65 322 3.7 CHINA Wood ZUI YOH 44,84 199 SANOYAS JAPAN Mitsubi- 425 INDIA Wood GRANDIS 44,711 1991 SANOYAS JAPAN 425 INDIA Wood Chips CHUETSU 42,791 1987 IMABARI SB JAPAN B&W 425 INDIA HOUMA 42,219 1985 MITSUI CHIBA JAPAN B&W 7,832 BANGLADESH PARTNERSHIP 3,9 1981 SUNDERLAND UK 6,87 41 2.8 PAKISTAN DOBRUSH 28,16 1982 JIANGNAN SY CHINA B&W INDIA HUNTER K 23,892 1981 IMABARI SB JAPAN B&W 5,721 42 2.3 INDIA TAINO 23,278 1985 IHI JAPAN Pielstick 42 BANGLADESH KAPITAN NAZAREV IVAN MAKARIN KAPITAN TSIRUL 19,252 1984 WARNOWWERFT WARNEMUEND 19,24 1981 WARNOWWERFT WARNEMUEND 19,24 1981 WARNOWWERFT WARNEMUEND GERMANY MAN INDIA GERMANY MAN UNDISCLOSED GERMANY MAN BANGLADESH AVEIRO 16,53 1978 NAMURA SB JAPAN B&W 427 INDIA WEI SHENG 11,565 1978 KURUSHIMA IMABARI JAPAN MAN 3,764 385 1.45 BANGLADESH INCL ABT 3T BUNKERS ROB APL TOPAZ 51,534 1989 IMABARI SB JAPAN UNDISCLOSED SANTA CRUZ 38,953 1991 IHI JAPAN UNDISCLOSED CHAMPION 38,52 1997 TEGESOS 38,421 1996 KVAERNER WARNOW KVAERNER WARNOW GERMANY B&W 47 UNDISCLOSED AS IS S'PORE GERMANY B&W 11,8 47 4.8 UNDISCLOSED AS IS S'PORE TD AL WAJBA 35,615 1983 HYUNDAI HI KOREA, S B&W 43 INDIA AS SI KHOR FAKKAN WITH SUFFICIENT BUNKERS FOR VOY TO WC INDIA BUXCROWN 26,288 1989 BREMER VUL- KAN GERMANY B&W 7,42 427 3.16 INDIA AS IS QATAR WITH MIN BUNKERS *En bloc Last week's sale :: Member of the Hellenic Shipbrokers Association :: 4
DEMOLITION Sub Name DWT Built Yard/Country Built M/E LDT Scrap ($/t) GC Open Hatch CARRARA CASTLE 44,959 1984 KAWASAKI HI JAPAN B&W 12,41 47 4.9 INDIA GC TD ETNA 17,493 1992 NEPTUN- GERMANY 7,175 INDIA GC TD AFAMIA 15,844 1979 AESA SPAIN B&W 4,127 415 1.71 INDIA AS IS FU- JAIRAH, INCL ABT 2T BUN- GC TD CLARE 9,33 1983 TURKEY GOVT TURKEY 3,69 UNDISCLOSED GC TD SANCRIS 8,75 1975 GALATI ROMANIA 419 BANGLADESH GC TRADE FOR- TUNE 3,91 1985 HAKATA JAPAN 29 CHINA OFF- SHORE AHTS AUDREY 2,28 1983 SARPSBORG USA Nohab INDIA PASS Ro- Ro/Pass NORMANDY 3,315 1982 GOTAVERKEN ARENDAL SWEDEN Wartsila 32 INDIA AS IS S'PORE REEFER Reefer ORION REEFER 9,643 1989 SHIN KU- RUSHIMA JAPAN Mitsubishi UNDISCLOSED Shuttle Tanker NAVION FEN- NIA 95,195 1992 KVAERNER MASA FINLAND Wartsila BANGLADESH OBO TAIGLORY 92,47 1988 SUMITOMO HI JAPAN 16,463 42 6.62 INDIA OBO BIN DONG SHAN 35 AL MUMINAH 81,53 1985 82,488 199 SETENAVE Oil -DH UDDEVAL- LAVARVET PORTU- GAL B&W 16,65 32 5.33 CHINA SWEDEN B&W 16,264 44 7.15 PAKISTAN Chemical/Oil Prod- VIKING STAR 33,644 1981 ANKERLOKKEN NYE VERFT NORWAY B&W 8,74 INDIA Chemi- JIN HAI SHUN 6,264 1984 ASAKAWA JAPAN Mitsubishi CHINA *En bloc Last week's sale :: Member of the Hellenic Shipbrokers Association :: 5
Weekly Results As Published By The Baltic Exchange on: 17th September, 212 Baltic Sale & Purchase Assessment (BSPA) Size Age (US$ in mil) Change (US$ in mil) VLCC 35, dwt max. 5 years old 56.71 +.8 AFRAMAX 15, dwt max. 5 years old 28.15 -.164 MR PRODUCT 45, dwt max. 5 years old 21.949 -.139 CAPESIZE B/C 172, dwt max. 5 years old 3.874 -.359 PANAMAX B/C 74, dwt max. 5 years old 21.68 -.219 SUPER HANDY B/C 56, dwt max. 5 years old 2.194 -.6 Baltic Demolition Assessment (BDA) Region Light Ship (US$ / LDT) Change (US$ / LDT) DIRTY TANKER CHINA 15, - 25, 318. - 4. DIRTY TANKER SUBINENT 15, - 25, 423. - 7. CLEAN TANKER CHINA 6, - 1, 313. - 5. CLEAN TANKER SUBINENT 6, - 1, 421. - 7. BULK CARRIER CHINA 7, - 12, 32. - 5. BULK CARRIER SUBINENT 7, - 12, 42. - 13.5 BSPA Last Six Months 7 6 5 4 3 2 1 4 35 3 25 VLCC 2 15 AFRAMAX 1 5 MR PROD TKR CAPESIZE PNMX (DRY) SUPER HANDY BDA Last Six Months 6 5 5 4 3 2 1 D/TKR SUON C/TKR SUON 4 3 2 1 B/C SUON 19/3/212 19/4/212 19/5/212 19/6/212 19/7/212 19/8/212 D/TKR CHINA C/TKR CHINA B/C CHINA :: BS EN ISO 91:28 Certified:: 6
25 2 15 1 5 BDI - Dry Market Index (1/1/211-17/9/212) Date BDI 3/1/212 1624 7/9/212 669 1/9/212 666 BDI 11/9/212 662 12/9/212 661 13/9/212 663 14/9/212 662 WoW Change 7 YtD Change 962 Average Charter Earnings - Panamax / Cape (1/1/211-17/9/212) 35 Date TC Avg I TC Avg BPI 3 3/1/212 23991 12927 25 7/9/212 3452 4758 2 1/9/212 3485 4619 15 TC Avg I 11/9/212 3465 4494 1 TC Avg BPI 12/9/212 349 4323 5 13/9/212 3592 4188 14/9/212 366 3987 4/1/211 4/3/211 4/5/211 4/7/211 4/9/211 4/11/211 4/1/212 4/3/212 4/5/212 4/7/212 4/9/212 WoW Change 28 771 YtD Change 2331 894 Average Charter Earnings - Supramax / Handymax (1/1/211-17/9/212) 18 Date TC Avg BSI TC Avg BHSI 16 14 3/1/212 12111 8226 12 7/9/212 873 6685 1 8 6 4 2 4/1/211 4/3/211 4/5/211 4/7/211 4/9/211 4/11/211 4/1/212 4/3/212 4/5/212 4/7/212 4/9/212 TC Avg BSI TC Avg BHSI 1/9/212 8652 6725 11/9/212 858 681 12/9/212 8626 6876 13/9/212 866 6935 14/9/212 8725 6952 WoW Change 22 267 YtD Change 3386 1274 :: "SHIPBROKERS OF THE YEAR 26" Lloyd's List Greek Shipping Awards :: 7
Average Charter Earnings - VLCCs / SUEZMAX / AFRAMAX (1/1/211-17/9/212) 5 4 3 2 1 4/1/211 4/1/212 1 VLCC TCE Suezmax TCE Aframax TCE 2 Average Charter Earnings - MRs / BDTI & TI (1/1/211-17/9/212) 2 18 16 14 12 1 8 6 4 2 4/1/211 4/1/212 MR TCE 12 1 8 6 4 2 4/1/211 4/1/212 BDTI TI Average Charter Earnings - LPGs (1/1/211-17/9/212) 9 8 7 6 5 4 3 2 1 BLPG1 All information supplied in this report is provided in good faith but without guarantee, Optima shipbrokers does not accept responsibility for any errors and omissions arising form this report and cannot be held responsible for any action taken, or losses incurred, as a result of the details in this report. :: "SHIPBROKERS OF THE YEAR 26" Lloyd's List Greek Shipping Awards :: 8