MARKET REPORT WEEK 43 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 27 TH OCTOBER 2017. In the dry freight market only the BCI and the BHSI closed last week in positive territory by +2.4% and +1% respectively, while the BPI and BSI each lost by respectively -8% and -2.3%, thereby causing the BDI to post an overall -2% w-o-w decline. China remains the clear market maker on the dry freight side and time alone will tell what effects any edicts from its just completed 19th Party Congress will have long term as China endeavours to better balance its imports against production etc. Bulk S+P activity remains steady with sales of handys through to capes reported last week although basis an increasing number of vessels are being offered for sale onto a constantly correcting freight market, values are thankfully being kept under control. Tanker S+P activity generally remains poor except for VLCC s where a couple of Greek owners appear to be willing buyers for what they deem to be the right units at the right prices. Sub continent recycling activity remains constant as do the levels on offer from the 3 major scrapping areas in India, Pakistan and Bangladesh in the region of $360-$400 depending on the ship type, size, spares and any other ROB s being offered. 1
NILIMAR Ships Sale & Purchase GENER8 ZEUS 318,325 2010 GENER8 ARGUS 159,901 2000 SECOND-HAND SALES TANKERS HYUNDAI HEAVY, S. KOREA HYUNDAI HEAVY, S. KOREA COATED - 53.00M - 10.70M LR ALDEBARAN 109,672 2007 DALIAN, EPOXY 15.80M USA BASED (INTERNATIONAL SEAWAYS) (NGM ENERGY) (NGM ENERGY) SECOND-HAND GAS CBM EXCEL 77,773 2003 DAEWOO, S. KOREA 135,345 46.00M UNDISCLOSED TYPE TANK STOLT VINLAND 31,434 1992 8,983 393 INDIA TYPE SIZE DELY UNITS OPT. TANK 320.000 2019 HYUNDAI HEAVY TCC GROUP 2 TANK 158.000 2018-2019 NEW TIMES 51.00M BANK OF COMMUNICATIONS 2 TANK 42.000 2023 ZVEZDA SHIP ROSNEFT 10 TANK 19.700 2020 USUKI SHIP 33.50M NISSHIN SHIPPING 4 TANK 9.000 - NINGBO XINLE SHANGHAI DINGHENG 10 10 TANK 6.500 2020 PHA RUNG, VIETNAM BS SHIPPING 4 GAS 84.000CBM JUN+AUG 2019 HYUNDAI HEAVY 75.00M VITOL 2 INDEX THIS WEEK LAST WEEK LAST LY LOW LY HIGH LY AVERAGE BDTI 914 896 660 619 1027 781 BCTI 524 527 423 395 806 576 2
SECOND-HAND BULKERS CHOULLY 182,618 2016 MARINE, - 44.80M SEA MONTERREY 180,513 2016 DAEHAN, S. KOREA - 43.00M SEA BEHIKE 180,491 2016 DAEHAN, S. KOREA - 43.00M CAPE TRIUMPH 176,343 2004 UNIVERSAL SHBLDG, - 14.25M YANGZE JIANGSU NEWYANGZI, 93,236 2010 NAVIGATION SBI RUMBA 84,867 2015 PUGNANI 76,602 2004 DARYA UMA 76,520 2005 IMABARI SHBLDG - MARUG, IMABARI SHBLDG - MARUG, TSUNEISHI CORP - FUKUY, HONG KONG BASED (TCC GROUP) NORWEGIAN (GOLDEN OCEAN) (STAR BULK) - 16.00M ITALIAN - 19.60M ESE GLESS 11.50M UNDISCLOSED GLESS 12.50M UNDISCLOSED ENBLOC FOR CONVERSION INCL BBB FOR 9.5YRS, REPURCHASE OPT AFTER 5TH YR INCL TC @ USD 6,500 PD TO NOV 17MAR18 DREAM SEAS 75,151 2009 HUDONG-ZHONGHUA, GLESS 14.20M UNDISCLOSED BENCHMARK 70,529 1998 SANOYAS HISHINO MEISHO, JAPN GLESS 5.80M YANGFAN DANISH 64,000 2017 BC64K-BG03 (CELSIUS) ENBLOC YANGFAN INCL 2 N/B 63,800 2016 BC64K-PM02 ORDERS MEDI CORK 63,800 2016 OCEAN LEOPARD 63,548 2013 TAIZHOU KOUAN, CR 4X30T 15.50M CHINESE (ORIENT INTERNATIONAL) GH SECRETARIAT 57,000 2012 COSCO GUANGDONG, CR 4X30T 13.25M UNDISCLOSED ENBLOC GH PHAR LAP 56,824 2012 COSCO GUANGDONG, CR 4X30T 13.25M DAXIA 56,811 2011 COSCO DALIAN, CR 4X30T 12.00M UNDISCLOSED IVS KITE 32,556 2002 KANDA KAWAJIRI, CR 4X30T 6.70M UNDISCLOSED KITTIWAKE 32,555 2007 KANDA KAWAJIRI, CR 4X30T 9.00M UNDISCLOSED CLIPPER KASASHIO 32,221 2008 KANDA KAWAJIRI, CR 4X30T 9.45M UNDISCLOSED SIGRUN BOLTEN 29,534 1997 DALIAN SHIP, CR 5X30T 3.60M CHINESE OHBS SECOND-HAND TWEEN / MPP / GENERAL CARGO OCEAN FELICITY 10,071 2009 SANUKI SHIPBUILDING, CR 2X30T 3.10M VIETNAMESE TWEEN 3
TYPE BULK SILVER EXPRESS 161,010 1995 20,039 428 PAKISTAN BULK THERESA HEBEI 81,707 2012 13,340 255 ASIS PULANG PISAU IN DAMAGED (INDONESIA) CONDITION BULK THEOFANO STAR 72,651 1998 9,970 367.5 ASIS KHOR FAKKAN INCL ABT 450T ROB TYPE SIZE DELY UNITS OPT. BULK 325.000 MAR 2020 HYUNDAI HEAVY 82.00M KOREA LINE CORP 2 BULK 180.000 2019 JIANGSU NEW YANGZIJIANG 41.70M MOSVOLD SHIPPING 2 2 BULK 85.000 2019 SASEBO - HALCOUSSIS Z&C 1 BULK 82.000 Jun-19 JIANGSU NEW YANGZIJIANG 24.50M ZIHNI 1 1 BULK 82.000 2019-2021 OSHIMA SHIPBUILDING 27.00M NISSHIN SHIPPING 7 BULK 82.000 2020 JIANGSU HANTONG 24.00M NISSHIN SHIPPING 7 BULK 64.000 2019 CHENGXI SHIP - NOVA SHIPPING 2 BULK 64.000 2020 YANGFAN 20.00M CELCIUS 2 BULK 62.000 2019-2021 OSHIMA SHIPBUILDING 25.00M NISSHIN SHIPPING 7 Q2 2019 - BULK 45.000 2020 JIANGSU YANGZIJIANG - NAVIBULGAR 2 INDEX THIS WEEK LAST WEEK LAST LY LOW LY HIGH LY AVERAGE BDI 1546 1578 834 702 1578 1067 BCI 3220 3145 1417 687 3147 1812 BPI 1517 1643 913 792 1643 1174 BSI 1100 1126 722 654 1126 828 BHSI 687 679 433 377 679 500 4
VESSEL S NAME SCT QATAR 63,381 2010 SCT OMAN 63,271 2010 SANTA FRANCESCA SECOND-HAND CONTAINER TEU DAEWOO-MANGALIA, ROMANIA DAEWOO-MANGALIA, ROMANIA 30,029 1998 FLENDER, GERMANY GLESS 4,892 11.00M UNDISCLOSED ENBLOC GLESS 4,892 11.00M CR 2X45T CR 2X35T 2,169 4.30M ITALIAN SINAR BUTON 15,210 2008 HAKATA, GLESS 1,060 7.50M UNDISCLOSED SINAR PADAN 4,181 2007 SURABAYA DOK PT PERSER, INDONESIA CR 2X45T 241 1.28M UNDISCLOSED TYPE CONT DELMAS SWALA 15,166 1994 5,514 293 UNDISCLOSED TYPE SIZE DELY UNITS OPT. SECOND-HAND REEF REEF. CAP/TY SECOND-HAND PCC/ RORO / PASS CARS/ PAX LM TYPE TYPE SIZE DELY UNITS OPT. PASS 800PAX 2020 TSUNEISHI ZHOUSHAN - TSUNEISHI HOLDINGS 1 5