Dec-6 Apr-7 Aug-7 Dec-7 Apr-8 Aug-8 Dec-8 Apr-9 Aug-9 Dec-9 Apr-1 Aug-1 Dec-1 Apr-11 Aug-11 Dec-11 Apr-12 Aug-12 Dec-12 Apr-13 Aug-13 Dec-13 Apr-14 Aug-14 Dec-14 Apr-15 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 12 1 8 6 4 2 17-19, Vas. Pavlou Str., GR 166 73, Voula, Athens, Greece Tel: 21 96597 - Fax: 21 89964 Internet Mail: athenian(at)atheniansa(dot)gr M O N T H L Y R E P O R T Baltic Dry Index December 216 PRICES TANKERS ($ MIO) * Prices reflect Year s End 21* 211* 212* 213* 214* 215* Dec-16 VLCC 5Y 87.8 55.6 56. 55.8 77.1 8 6 VLCC 1Y 64.3 34.1 35. 35. 52.1 55 4 SUEZMAX 5Y 62.8 45.6 4.2 39.5 56.8 6 4 AFRAMAX 5Y 44.5 34.7 28. 27.8 41.9 46 29 AFRAMAX1Y 3.7 19.3 16.3 16.3 26.8 31 18 PANAMAX5Y 39. 3.9 24.3 24.3 33.4 35 28 45K 5Y D/H 27.3 25.8 23. 23.3 23.8 28.9 22 45K 1Y D/H 19.7 15.8 15.5 15.7 15.2 19.6 15.5 45K 2Y 6.7 6. 6.2 6.2 6.5 8.5 5.1 PRICES BULKERS ($ MIO) * Prices reflect Year s End 21* 211* 212* 213* 214* 215* Dec-16 CAPESIZE 5Y 57. 36.3 32. 43.9 39.5 25 24 CAPESIZE 1Y 43. 26.8 2.5 31. 27.8 13.6 15 CAPESIZE 15Y 26. 15.2 12.7 18.2 16.3 8.5 8 CAPESIZE 2Y 16.4 1.5 9.3 1.1 9. 5.6 5.5 PANAMAX 5Y 38.5 26.4 18. 25.6 2.1 14 14 PANAMAX 1Y 31.6 18.6 12.5 17.9 14.6 8.5 8.5 PANAMAX 15Y 23.1 12.4 8.3 12. 1. 5 5.4 PANAMAX 2Y 13.8 8.1 5.4 7.5 5.4 3.6 3.6 SUPRAMAX 5Y 31.9 26.4 23.3 24.3 2.8 13.6 14
Prices (USD Mio) Price (USD) Price (USD Mio) Price (USD) 2 S E C O N D H A N D S A L E S & C H A R T E R F I X T U R E T R E N D S 1. Monthly Tanker Market Trend 7 Monthly 1 Yr TC Rates 9. 8. 6 7. 5 6. 5. 4 4. 3 3. 2 2. 1. 1. VLCC 5Y VLCC 1Y SMAX 5Y AMAX 5Y VLCC 1 Yr T/C SMAX 1 Yr T/C AMAX 1 Yr T/C AMAX 1Y PMAX 5Y 45K 5Y D/H 45K 1Y D/H PMAX 1 Yr T/C MR 1 Yr T/C 6. Monthly Bulk Carrier Market Trend 35 Monthly 1 Yr TC Rates 5. 3 4. 25 3. 2 15 2. 1 1. 5. CAPE 5Y CAPE 1Y CAPE 15Y PMAX 5Y PMAX 1Y PMAX 15Y SUPRA 5Y HMAX 1Y HMAX 15Y CAPE 1 Yr T/C SUPRA 1 Yr T/C PMAX 1 Yr T/C HMAX 1 Yr T/C
3 S E C O N D H A N D T O N N A G E M A R K E T S&P Activity Dry (>5, Dwt) AVAILABLE FOR SALE REPORTED SOLD PREVIOUS MONTH A/BLE FOR SALE PREVIOUS MONTH SALES S&P Activity Tankers (>5, Dwt) AVAILABLE FOR SALE REPORTED SOLD PREVIOUS MONTH A/BLE FOR SALE PREVIOUS MONTH SALES 3 2 2 1 189 41 217 72 15 1 5 118 2 15 28 THIS MONTH - PREVIOUS MONTH THIS MONTH - PREVIOUS MONTH *Excluding demolition sales Sale and Purchase Market Ship Type Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Total BULK 56 5 43 49 72 41 311 TANK 37 25 12 19 26 2 139 GAS 2 2 2 4 3 3 16 CONT 5 8 9 4 1 17 53 TWEEN/MPP 3 2 2 4 2 13 REEF RORO 2 1 3 FERRY 1 1 CRUISE Total 13 87 7 8 113 83 536
4 Baltic Clean Tanker - Yearly 82 72 692 62 52 452 42 493 32 1 4 7 1 13 16 19 22 25 28 31 34 37 4 43 46 49 52 215 WEEK NO 216 11 1 9 8 7 6 5 4 215 935 Baltic Dirty Tanker - Yearly 532 926 1 4 7 1 13 16 19 22 25 28 31 34 37 4 43 46 49 52 WEEK NO 216 Baltic Clean Tanker - Monthly 7 65 595 675 6 55 5 45 4 443 35 1/12/216 12/12/216 21/12/216 Baltic Dirty Tanker - Monthly 1 95 945 9 99 85 863 8 75 1/12/216 12/12/216 21/12/216 TANKER SALES NAME DWT BLT PRICE $ BUYER CRYSTAL WEST 8143 1994 BULGARIA DH 3.4 MIO ENBLOC BSS CRYSTAL ZUID 8143 1994 BULGARIA DH 3.4 MIO CHINESE (Price each. STST. Ice-1A) ORIENTAL CLEMATIS 14227 26 JAPAN DH 13.5 MIO UNDISCLOSED (STST) MERMAID EXPRESS 45763 22 JAPAN DH 9.2 MIO GREEK WELWITSCHIA 45999 1998 KOREA DH 5.1 MIO WILMAR (Epoxy, Ice IC) BRITISH LOYALTY 4683 24 KOREA DH 12.4 MIO ENBLOC BSS BRITISH UNITY 4683 24 KOREA DH 12.4 MIO ENBLOC BSS BRITISH LIBERTY 4683 24 KOREA DH 12.4 MIO GREEK (Price each) ATHENS STAR 73869 25 CHINA DH 12 MIO UNDISCLOSED (Epoxy) AEGEAN PRIDE 1532 1999 KOREA DH 1.5 MIO CHINESE GENER8 PERICLES 15674 23 JAPAN DH 14 MIO HENGTONG RATNA SHRUTI 15746 28 KOREA DH 21.75 MIO ENBLOC BSS RATNA SHRADHA 15777 28 KOREA DH 21.75 MIO ENBLOC BSS RATNA NAMRATA 1583 28 KOREA DH 23 MIO ENBLOC BSS RATNA SHALINI 15849 21 KOREA DH 26 MIO UNDISCLOSED (Price each) NISSOS KYTHNOS 115674 211 KOREA DH 27 MIO GREEK NISSOS DELOS 115691 212 KOREA DH 3 MIO GREEK GENER8 SPYRIDON 159959 2 KOREA DH 14.5 MIO GREEK BW ULAN 299325 2 KOREA DH 23.8 MIO SEVEN ISLANDS GENER8 ULYSSES 318695 23 KOREA DH 31 MIO SBM (Long subs)
$/Day $/Day 5 GAS SALES NAME DWT BLT CBM PRICE $ BUYER GAS MADURA 3994 21 JAPAN 3535 7 MIO DUCK YANG GAS NURI ARIZONA 559 1995 JAPAN 513 3.2 MIO UNDISCLOSED PARACAS 2882 199 BULGARIA 32945 1 MIO MANTA Spot Market - Tankers VLCC SUEZMAX AFRAMAX 11 1 9 8 7 6 5 4 3 2 1 6325 41 245 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 Period Market - Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX 7 6 5 4 3 2 1 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 317 225 18
6 66 Baltic Handysize 1 Baltic Supramax 975 61 65 95 56 597 9 921 914 51 541 2 85 2 46 1/12/216 12/12/216 21/12/216 8 1/12/216 12/12/216 21/12/216 Baltic Panamax 163 143 1565 123 13 1126 4 83 866 63 1/12/216 12/12/216 21/12/216 Baltic Capesize 23 21 2193 19 17 15 144 13 4 38 11 1385 9 1/12/216 12/12/216 21/12/216 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER QIN FENG 18 2153 29 CHINA CR 3X25 4.2 MIO CHINESE (Via Auction) PAROS 23984 1997 JAPAN CR 4X3 2.7 MIO EGYPTIAN CLIPPER LOTUS 28331 21 JAPAN CR 4X3 7.5 MIO FAR EASTERN MARDI GRAS 285 26 JAPAN CR 4X3 6.4 MIO VIETNAMESE NEWLEAD ALBION 32318 212 CHINA CR 4X3 6 MIO ENBLOC BSS NEWLEAD VENETICO 32318 212 CHINA CR 4X3 6 MIO SINGAPOREAN (Price Each) PUFFIN 3731 23 CHINA CR 4X4 3.8 MIO UNDISCLOSED BAOFENG 46637 1997 JAPAN CR 4X3 2.5 MIO UNDISCLOSED AURORA CHRISTINE 4679 2 JAPAN CR 4X3 4.9 MIO UNDISCLOSED GENCO WISDOM 47 1997 JAPAN CR 4X3 3.2 MIO ENBLOC BSS GENCO PROSPERITY 4718 1997 JAPAN CR 4X3 3.2 MIO CHINESE (Price each) GENCO SUCCESS 47186 1997 JAPAN CR 4X3 2.8 MIO CHINESE ANASSA IOANNA 53125 23 JAPAN CR 4X3 6.8 MIO UNDISCLOSED REDWING 5341 27 CHINA CR 4X35 6.1 MIO UNDISCLOSED INGWAR SELMER 55733 211 JAPAN CR 4X3 13.5 MIO GREEK WESTERN TOKYO 55831 212 JAPAN CR 4X3 14.25 MIO GREEK K BRAVE 567 26 JAPAN CR 4X3 9.4 MIO UNDISCLOSED TRIDENT CHALLENGER 56543 21 CHINA CR 4X35 8.6 MIO GREEK (Via Auction) PORTOROZ 56633 211 CHINA CR 4X3 9.5 MIO GREEK JUPITER 56788 28 CHINA CR 4X36 6.5 MIO UNDISCLOSED AMETHYST 56889 211 CHINA CR 4X3 9.5 MIO GREEK PACIFIC LAUREL 5897 212 CHINA CR 4X3 15.3 MIO UNDISCLOSED NEW TIMES 1645 64 216 CHINA CR 4X3 18.6 MIO GREEK NORDEMS 75253 21 KOREA GLESS 5.1 MIO CHINESE GUAN LAN HU 75924 21 JAPAN GLESS 5.1 MIO CHINESE
$/Day $/Day 7 SILVER FREEDOM 76453 24 JAPAN GLESS 7.5 MIO GREEK MAVERICK GUNNER 8717 21 KOREA GLESS 13.3 MIO GREEK (Via Auction) BSI CADOGAN 81277 215 CHINA GLESS 2 MIO UNDISCLOSED ANTONIS 8151 213 KOREA GLESS 16 MIO UNDISCLOSED WORLD SEAS 818 216 CHINA GLESS 2.5 MIO ENBLOC BSS INSPIRING SEAS 818 216 CHINA GLESS 2.5 MIO ENBLOC BSS BRIGHT SEAS 81966 216 CHINA GLESS 2.5 MIO GREEK (Price each) BULK BRASIL 82449 28 JAPAN GLESS 11.2 MIO UNDISCLOSED ORE MANGARATIBA 179226 211 KOREA GLESS 35.9 MIO ENBLOC BSS ORE BELO HORIZONTE 179259 211 KOREA GLESS 35.9 MIO ENBLOC BSS ORE PARA 179322 211 KOREA GLESS 35.9 MIO ENBLOC BSS ORE PANTANAL 179385 21 KOREA GLESS 32.3 MIO POLARIS (Price Each. Incl COAs) HANJIN NEWCASTLE 17995 211 KOREA GLESS 2.4 MIO ENBLOC BSS HANJIN PORT WALCOTT 1812 212 KOREA GLESS 22.6 MIO GREEK (Price each) FH ZHOU SHAN 18 215 CHINA GLESS 28.5 MIO GREEK BULK HONG KONG 1823 26 JAPAN GLESS 13.8 MIO GREEK 2 18 16 14 12 1 8 6 4 2 Spot Market - Bulkers 12 94 82 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 CAPESIZE PANAMAX HANDYMAX 121 111 11 91 81 71 61 51 41 Period Market - Bulkers 1 Year T/C Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 175 795 75 CAPE PMAX HANDYMAX
8 CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER COVE ISLAND 13698 22 CHINA CR 2X45 1118 3.2 MIO UNDISCLOSED E.R. VISBY 14236 212 CHINA GLESS 185 8.8 MIO UNDISCLOSED MOUNT HALLOWERS 238 216 CHINA CR 1X45 17 13.8 MIO ALGERIAN WEHR BILLE 33739 22 GERMANY CR 3X45 2546 3.9 MIO CHINESE CITY OF GUANGZHOU 34221 28 CHINA CR 3X45 2564 4.8 MIO GREEK HANJIN RIO DE JANEIRO 51648 28 KOREA GLESS 4275 5.3 MIO ENBLOC BSS HANJIN PIRAEUS 5175 28 KOREA GLESS 4275 5.3 MIO ENBLOC BSS HANJIN DURBAN 5175 28 KOREA GLESS 4275 5.3 MIO ENBLOC BSS HANJIN NORFOLK 51752 28 KOREA GLESS 4275 5.3 MIO KMTC (Price each) HANJIN GDYNIA 51653 29 KOREA GLESS 4275 5.2 MIO ENBLOC BSS HANJIN KINGSTON 51733 28 KOREA GLESS 4275 5.2 MIO ENBLOC BSS HANJIN MONACO 51733 29 KOREA GLESS 4275 5.2 MIO ENBLOC BSS HANJIN ATLANTA 5175 29 KOREA GLESS 4275 5.2 MIO SEASPAN (Price each) STADT FREIBURG 54325 21 KOREA GLESS 438 * ENBLOC BSS STADT COBURG 54327 29 KOREA GLESS 438 * ENBLOC BSS STADT MARBURG 5445 29 KOREA GLESS 438 18 MIO CHINESE (Ttl Price) UASC ZAMZAM 112171 214 KOREA GLESS 934 78 MIO HAPAG LLOYD (Incl 8mos TC) MPP/TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER N/A N/A N/A N/A RORO/PASS SALES NAME GT BLT LMTRS/CARS PAX PRICE $ BUYER TERMOLI JET 672 22 NORWAY N/A 354 1.7 MIO KS SHIPPING (Pass/Catamaran) LA PAZ STAR 16776 1978 KOREA 185/27 3 2 MIO GREEK
$m $m 9 N E W B U I L D I N G M A R K E T A N D R E P O R T E D C O N T R A C TS 12 1 8 6 4 Tanker Prices VLCC Suezmax Aframax 84.5 54.5 44.5 2 Dec-14 Apr-15 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 MR 32.5 6 55 5 45 4 35 3 25 2 15 Bulker Prices Capesize Panamax Handymax Handysize 42 24.5 22.3 19.5 1 Dec-14 Apr-15 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 Ship Type 216 217 218+ Total Capesize 1 88 75 173 Panamax 17 146 36 199 Supra/Hmax 36 253 43 332 Handies 36 187 67 29 Total 99 674 221 994 Ship Type 216 217 218+ Total ULCC/VLCC 1 48 42 1 Suezmax 7 68 18 93 Aframax 5 82 48 135 Panamax 3 34 19 56 MR+Small 26 191 133 35 Total 51 423 26 734 Ship Type 216 217 218+ Total VLGC 3 32 13 48 LGC MR 2 27 13 42 Handy 2 15 4 21 Small 1 3 1 5 Total 8 77 31 116
m. dwt m. dwt No. of Vessels m. dwt 1 Newbuilding Sales 7 6 5 4 3 2 1 142 66 128 398 235 28 Tankers >1, dwt Bulkers >1, dwt Containerships 79 47 214 215 Dec-16 8 Delivery Schedule Bulkers >1, dwt. Tankers >1, dwt 6 55.4 5 44.2 4 3 26.4 27.6 2 1 7.3 5.9 Dec-16 217 218+ 35 3 25 2 15 1 5 VLCC Aframax Products 3.9 14.6 15.1 12.1 4.1 December 216 Tanker Newbuildings on Order Suezmax Panamax Bulker Newbuildings on Order Capesize Panamax Handymax Handysize 45 42.1 4 35 3 25 2.2 2 16.4 1.5 15 1 5 December 216 Tankers Newbuilding Historical Prices ($m) Dec-16 215 214 213 212 211 21 29 28 25 2 1995 199 1985 31, DWT 1 84.5 93.7 97.3 93.8 93.2 98.9 14.8 97.5 15 12 76.5 85.3 87.4 17, DWT 1 54.5 63 65.5 59.6 57.1 6.3 66.3 61 9 71.5 52.5 54 66.1 11, DWT 1 44.5 52 53.6 52.2 48.5 52.2 56 49.5 74 58 41.5 43.3 53.2 47, DWT 1 32.5 35.4 36.8 34.6 33.8 35.2 36.1 35 46.5 43 29.5 33.2 Bulkers 18, DWT 1 42 46 54.2 53.6 45.7 48.4 57.2 55.5 87 58.5 4.5 42.3 6.2 29.3 73, DWT 1 24.5 25.7 29 27.8 25.6 28.7 34.3 34.5 45.5 36 22.5 27.9 3 13.4 45, DWT 22.3 24.1 27.2 26.5 23.7 26.7 31.1 29 41 31 2.5 24.1 25.3 12.4 29, DWT 19.5 2.3 22.8 22.2 2.5 22.2 26.3 24.5 31 25.5 15 19.2 21.3 9.7 1 Before 21 sizes to read 28, - 14, - 95, - 4, respectively for tankers and 15, - 69, for Bulkers 2 Single Hull 3 3, DWT (note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned) 3 32.1 2 38.2 2 28.2 2 18.1 3 13.3
11 The Shipbuilding Market TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES Container 8 Taizhou Kouan SB 218 PIL Container 8 Taizhou Kouan SB 218 PIL Option LNG Bunkering 5 Hyundai Mipo 218 Schulte Group LNG Bunkering 5 Hyundai Mipo 218 Schulte Group Option Oceangraph 45 219 15. Jiangnan SY Group RMB Mio Ore 4 JMU Ariake Shipyard 219 NS United KK Pass/Car F. Imabari SB (Imabari) 218 Shikoku Kaihatsu Pass/Car F. Imabari SB (Imabari) 218 Shikoku Kaihatsu Pass/Car F. Fujian Funing S.B. 218 Unknown Indonesian Pass/Car F. Fujian Funing S.B. 218 Unknown Indonesian PCC 1 CSC Jinling Shipyard 218 Anji Automotive TSH Dredger Pella Sietas GmbH 218 WSV
Million dwt USD/ton USD/ton 12 Demolition Historical Data D E M O L I T I O N M A R K E T Demolition Prices Gen Cargo Tanker India USD 28 /lt Ldt USD 3 /lt Ldt Bangladesh USD 29 /lt Ldt USD 31 /lt Ldt Pakistan USD 28 /lt Ldt USD 31 /lt Ldt China USD 23 /lt Ldt USD 24 /lt Ldt 58 53 48 43 38 33 28 23 18 58 53 48 43 38 33 28 23 18 6 5 4 3 2 1 28 25 28 295 Price Tankers* 213 214 215 216 28 27 28 285 29 29 29 3 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *India month's end prices 26 225 26 275 Price Bulkers* 26 24 255 26 35 3 213 214 215 216 27 28 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *India month's end prices 38 25.6 14.5 4.9 2.35 4.6 3.8 15.9 16.7 18.9 15.5 18 15.6 Total Demolition (Dwt) 3.5 28.428.5 25 27 22.4 1 5.5 6.5 5 12 28.9 25.7 31.58 5.3 41.8 44.3 38.8 34.3 * Bss reported sales
USD/ton 13 6 Historical Demolition Prices (India Year's End) 5 4 3 2 TANKERS BULKERS Avg. Trend 1 HISTORICAL DEMOLITION PRICES (*Indian Year s End) 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 CURR. TANK 115 136 174 135 174 262 362 32 45 57 287 338 485 482 45 435 425 3 3 BULK 112 143 17 135 181 267 381 332 392 472 268 328 437 456 375 41 4 285 28 India TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS CONT HANSA KALYPSO 19826 1998 6944 298 As is Singapore (Green Recycling) CONT HANSA CASTELLA 21473 1998 77 38 As is Singapore CONT MSC PERLE 25329 1983 7566 295 CONT WESTERHAMM 3259 1998 1688 32 CONT WILLI 3738 1998 11446 32 As is Singapore incl ROB for voy CONT CS DISCOVERY 4289 21 1541 33 Incl 3T ROB CONT MSC LEANNE 6639 1989 23451 293 CONT MSC CAROLE 664 1989 664 295 GAS BW HAVFROST 44995 1991 1619 275 Green recycling RORO TYCHY 844 1988 7535 32 TANK PACIFIC LADY 24728 1985 7835 57 Incl abt 8-9T STST TANK ZOJA II 28557 1989 9732 21 As is Lagos incl 65T ROB TANK ZOJA I 2861 1988 9732 21 As is Lagos incl 5T ROB TWEEN KING SUCCESS 228 1987 8779 277 Bangladesh TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK HAWK 45111 1994 7733 295 BULK PACIFIC PIONEER 69279 1994 141 28 BULK ELENI P 72119 1997 955 3 BULK STAR DESPOINA 17162 1999 21472 315 BULK BERGE ATLANTIC 17274 1998 26176 339 CONT AS TAMINA 33914 1998 1588 29 CONT MARE ATLANTICUM 52248 2 1618 3 As is Shanghai incl ROB for voy CONT MARE PHOENICIUM 52267 1999 1689 315 As is Singapore incl ROB for voy CONT KAETHE C. RICKMERS 68282 24 218 315 As is Malaysia RORO CITY OF TOKYO 1273 1987 12419 35 RORO ATLANTIC NAVIGATOR 18731 1992 921 29 TWEEN MAGWAY 1355 1985 555 278
14 China TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK SUNNY NAPIER II 23842 1993 6282 26 Pakistan TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK AL AIN 4926 1994 1117 325 BULK JUMANA 42223 1991 6531 3 BULK GIORGOS B 45697 1994 7484 289 BULK VINALINES GLOBAL 7335 1994 1356 27 BULK CONFIGNON 17896 1997 21327 341 CONT COSCO TIANJIN 68263 2 2452 36 Turkey As is Kakinada. Incl extra payment for ROB TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS N/A N/A N/A Other TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS CONT BELGICA 3415 1997 15 32 As is Singapore CONT BRAVO 36189 21 1263 29 As is Singapore CONT BOX MARLIN 65949 27 264 285 CONT BOX KINGFISH 65974 27 264 285 RORO SALZGITTER 1277 1987 11841 248 As is Dubai
USD/ton USD/ton 15 8 7 6 5 4 3 2 1 H I S T O R I C A L B U N K E R P R I C E S Bunkers Cost (38 cst) Rotterdam Fujeirah Houston Average Trend 12 1 8 6 4 2 Bunkers Cost (MGO) Rotterdam Fujeirah Houston Average Trend HISTORICAL BUNKER PRICES Rotterdam Fujeirah Houston 38 cst MGO 38 cst MGO 38 cst MGO 1992 83 161.9 81.5 28.2 78.4 165.2 1993 67 15.5 7 22.5 71.1 16.6 1994 86 133.2 8.9 182.6 8.8 148.8 1995 97 14.6 94.6 175.8 93.2 148 1996 17 175.1 14.4 27.5 15.8 186 1997 92 155.4 99.3 25.6 97.3 179.9 1998 66.5 112.2 69.2 152.2 67.2 136.9 1999 94 133 98.5 157.2 93.3 143.9 2 139 231.6 155.3 263.5 136 255.7 21 116 192.4 129.7 244.7 112.8 227.5 22 135 188.2 145.9 222.8 134 196 23 151 23.4 166.3 265.2 16.2 265.1 24 154 313.4 176.7 359.3 167.3 328.7 25 236 458.4 256.6 5.1 248.3 58.5 26 195 524.1 31.9 631.8 33 562.3 27 347 571.3 373.7 664.7 351.8 68.6 28 469 85.7 59.4 137.7 496.8 933.2 29 355 49.6 372.8 657 36.7 525 21 452 667.1 468.2 712.9 449.3 683 211 548 848.6 587.5 897.5 542.1 862.4 212 585 92 66 15 61 15 213 585 92 62 11 58 985 214 31 57 35 88 315 695 215 14 311 17 56 14 36 Dec-16 37 472 34 546 31 525
$/Barrel USD-EUR USD-JPY 16 M A R K E T I N D I C A T O R S 1.8 1.6 1.4 1.2 1..8.6.4 Currencies USD-EUR USD-JPY 13 12 11 1 9 8 7 6 16. 14. 12. 1. 8. 6. 4. 2.. Brent Oil GBP CAD EUR JPY CHF USD AUD GBP 1.6368.85378.7.79648.81671.58819 CAD 1.65585 1 1.41398.1159 1.3198 1.35266.97417 EUR 1.1796.77 1.82.93281.9565 6889 JPY 142.81 86.23 121.96 1 113.77 116.66 84.2 CHF 1.2559.75779 1.7177.879 1 1.2522.73835 USD 1.22414.73915 1.4533.857.97517 1.7219 AUD 1.69937 1.261 1.45123.119 1.35375 1.38821 1 * 3/12/216 values
17 S T O C K W A T C H NAME TICKER THIS MONTH* LAST MONTH CHANGE % 52w HIGH 52w LOW Capital Product Partners CPLP 3.2 3.5 4.9 5.6 2.41 Diana Shipping Inc. DSX 3.8 3.16-2.5 4.97 1.95 Dryships Inc. DRYS 3.75 4.33-13.4 291.75 3.51 Dynagas LNG Partners LP DLNG 15.84 14.99 5.7 16.25 6.7 Eagle Bulk Shipping Inc. EGLE 5.87 6.5-3 74.24 4.6 Euroseas Ltd. ESEA 1.84 2.35-21.7 8.7 1.4 Freeseas Inc. FREE.. 528.. Costamare Inc. CMRE 5.61 6.65-15.6 11. 5.46 Navios Maritime Holdings NM 1.4 1.68-16.7 2.4.57 GasLog Ltd. GLOG 16.3 14.9 9.4 17.2 5.24 Paragon Shipping Inc. PRGN.11.15-26.7 7.3.8 Safe Bulkers Inc. SB 1.15 1.52-24.3 2.38.3 Star Bulk Carriers Corp. SBLK 5.9 5.38-5.4 6.1 1.57 Stealthgas Inc. GASS 3.5 3.53 -.8 5.18 2.39 TEN Inc. TNP 4.68 4.37 7.1 7.97 3.92 TOP Ships Inc. TOPS 2.32 3.8-24.7 8.4 1.3 Box Ships Inc. TEUFF.1.1-3.3.2. Diana Containerships Inc. DCIX 2.91 3.56-18.3 26.17 2. Danaos Corporation DAC 2.7 3.2-15.6 6.14 2.15 Aegean Marine Petroleum ANW 1.1 1.75-6 13.1 5. 29/12/216 closing values ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Disclaimer: Information and data that appear in this report have been obtained from various sources which are believed to be correct and reliable. However, Athenian Shipbrokers S.A. does not guarantee their accuracy or completeness and therefore cannot be held liable for any loss incurred as a result of reliance in any way whatsoever on the information contained herein. Kind Regards,