Monday, September 6, Week 36 The Week at a Glance

Similar documents
Monday, August 30, Week 35 The Week at a Glance

Monday, July 25, Week 30 The Week at a Glance

Monday, July 19, Week 29 The Week at a Glance

Monday, December 12, Week 50 The Week at a Glance

Monday, April 26, Week 17 The Week at a Glance

Monday, September 3, Week 36 The Week at a Glance

Monday, January 25, Week 4 The Week at a Glance

Monday, November 8, Week 45 The Week at a Glance

Monday, November 3, Week 45 The Week at a Glance

Tuesday, October 29, Week 44 The Week at a Glance

Baltic Dry Indices* Greek Listed Companies. Currencies* *The above tables show last Friday's closing including the weekly balance.

Monday, March 31, Week 14 The Week at a Glance

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings

18th November 2013 GMS Ship Recycling Conference - Tokyo 1

WEEKLY SHIPPING MARKET REPORT

Dry Bulk Market Weekly Highlights Week 17 - Dry Cargo Market Highlights for the period of 21-April-2011 until 28-April-2011

This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings

This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS

This Week s Overview of Shipping Investments SECONDHAND / DEMOLITION / NEW BUILDING MARKET ANALYSIS

OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects

WEEKLY MARKET REPORT October 17th, 2008 / Week 42

NILIMAR Ships Sale & Purchase MARKET REPORT WEEK 30 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 29 th JULY 2011.

The World s Largest Buyer of Ships and Offshore Assets

WEEKLY MARKET REPORT October 12th, 2012 / Week 41

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings

MARKET REPORT WEEK 39

NILIMAR Ships Sale & Purchase MARKET REPORT WEEK 35 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 2 nd SEPTEMBER 2011.

NILIMAR Ships Sale & Purchase MARKET REPORT WEEK 34 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 26 th AUGUST 2011.

WEEKLY MARKET REPORT December 16th, 2011 / Week 50

WEEKLY MARKET REPORT March 9th, 2012 / Week 10

WEEKLY MARKET REPORT January 27th, 2012 / Week 4

MARKET REPORT WEEK 05

MARKET REPORT WEEK 49 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 4 th DECEMBER 2009

WEEKLY MARKET REPORT June 6th, 2008 / Week 23

MARKET REPORT WEEK 12

Weekly Market Report

WEEKLY MARKET REPORT February 19th, 2010 / Week 7

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings

WEEKLY SHIPPING MARKET REPORT

WEEKLY MARKET REPORT July 16th, 2010 / Week 28

S&P Market Trends during December: Secondhand Newbuilding Demolition

NILIMAR Ships Sale & Purchase MARKET REPORT WEEK 38 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 23 rd SEPTEMBER 2011.

Weekly Market Report

WEEKLY SHIPPING MARKET REPORT WEEK 7

WEEKLY SHIPPING MARKET REPORT WEEK 2

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings

WEEKLY SHIPPING MARKET REPORT WEEK 25

WEEKLY MARKET REPORT September 27th, 2013 / Week 39

OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects

WEEKLY MARKET REPORT January 9th, 2015 / Week 01

WEEKLY MARKET REPORT

Weekly Market Report

WEEKLY MARKET REPORT April 20th, 2012 / Week 16

WEEKLY MARKET REPORT November 19th, 2010 / Week 46

WEEKLY MARKET REPORT January 25th, 2008 / Week 4

OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects

WEEKLY MARKET REPORT October 8th, 2010 / Week 40

OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects

Weekly Dry Bulk Report

WEEKLY MARKET REPORT February 13th, 2015 / Week 07

WEEKLY SHIPPING MARKET REPORT WEEK 6

WEEKLY MARKET REPORT October 11th, 2013 / Week 41

WEEKLY MARKET REPORT June 22nd, 2007 / Week 25

WEEKLY MARKET REPORT May 16th, 2014 / Week 20

WEEKLY MARKET REPORT March 29th, 2013 / Week 13

WEEKLY MARKET REPORT SUMMARY OF SALES

Long Term Trends in Shipbuilding HVB Press Conference. 20 th September 2006 Stephen Gordon, Clarkson Research

MARKET REPORT WEEK 27 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 9 th JULY 2010.

MARKET REPORT WEEK 13

MARKET REPORT WEEK 34 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 21 st AUGUST 2009

Weekly Market Report

MARKET REPORT WEEK 45

WEEKLY MARKET REPORT December 5th, 2014 / Week 49

WEEKLY MARKET REPORT December 9th, 2011 / Week 49

WEEKLY MARKET REPORT August 31st, 2012 / Week 35

OPTIMA SHIPBROKERS LTD Sales & Purchase / Dry Cargo Chartering Tanker Chartering / Newbuildings

OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects

Weekly Market Report

WEEKLY MARKET REPORT October 5th, 2012 / Week 40

OPTIMA SHIPBROKERS LTD Sale & Purchase / Demolition / Dry Cargo Chartering Tanker Chartering / Newbuildings / Repairs / Offshore / Projects

WEEKLY MARKET REPORT April 23rd, 2010 / Week 16

Weekly Market Report

WEEKLY MARKET REPORT September 12th, 2014 / Week 37

WEEKLY SHIPPING MARKET REPORT WEEK 15 23

WEEKLY SHIPPING MARKET REPORT WEEK 12

WEEKLY MARKET REPORT February 15th, 2013 / Week 7

WEEKLY MARKET REPORT June 28th, 2013 / Week 26

WEEKLY SHIPPING MARKET REPORT WEEK 28

WEEKLY MARKET REPORT November 12th, 2010 / Week 45

WEEKLY MARKET REPORT March 2nd, 2012 / Week 9

WEEKLY SHIPPING MARKET REPORT

WEEKLY MARKET REPORT November 6th, 2009 / Week 45

WEEKLY SHIPPING MARKET. REPORT WEEK 34 WEEK 34 (22 th Aug to 26 th Aug 2016) Market Overview. Bulkers. Tankers. Demolition

WEEKLY MARKET REPORT May 31st, 2013 / Week 22

Weekly Dry Bulk Report

MARKET REPORT WEEK 19 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 14 th May 2010.

Weekly Dry Bulk Report

WEEKLY SHIPPING MARKET REPORT WEEK 1

Transcription:

Monday, September 6, 21 - Week 36 The Week at a Glance "Lesson learned? Guess not." Baltic Dry Indices* Last Fridays Closing Weekly Difference Baltic Dry Index 2876 164 Baltic Cape index 3937 488 Baltic Panamax Index 3121 143 Well, another oil rig in the Gulf of Mexico exploded. Only a few months after the huge environmental disaster that the BP oil spill has created, some firms and oil market players haven't learned their lesson. These people seem not to understand the difference between value and price and these people are the most dangerous species. Staying in oil, prices seem to have a downward trend towards below USD 74 per barrel as driving season in the USA is coming to an end. In growth news, economists claim that China's weight in the global growth accounts in more than 6,3%. They also predict that by 23 the BRIC countries will account for nearly 25% of world GDP! Greek Listed Companies Last Fridays Closing Weekly Difference Baltic Supramax Index Baltic HandySize Index VLCC 3, SUEZMAX 15, AFRAMAX 113, PANAMAX 72, PRODUCT 47, CAPESIZE 175, PANAMAX 7-76, HANDYMAX XS 5, 1992-117 166-13 Newbuilding Prices 5/21 6/21 7/21 8/21 $15 $15 $15 $11 $6 $6 $6 $7 $5 $5 $5 $55 $42 $42 $42 $45 $35 $35 $35 $35 $58 $58 $58 $6 $31 $31 $31 $34 $26 $26 $26 $28 NYSE 755,3 82,56 NASDAQ 2233,75 8,12 Brent Prices Dry Ships 4,42,33 Genmar 4,62 -,2 Excel (merged with Quintana) 5,39,15 Diana 12,43,43 Top Ships,66 -,1 TEN 13,6,7 Currencies* Last Fridays Closing Weekly Difference Stealth Gas 4,6 -,2 Capital Product Partners 8,24,6 Euroseas 3,84,5 EURO/USD 1,2899,1 USD/JPY 84,33 -,91 USD/CNY 6,815, Danaos 3,9 -,16 *The above tables show last Friday's closing including the weekly balance. ISO Certified by Germanischer Lloyd Copyright by Allied Shipbroking Inc

7, Filonos Street, 7th Floor, Piraeus 185 35, Greece Tel: +3 21 45245, Fax: +3 21 452517/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr Secondhand Sales Dry SIZE INDEX W-O-W CHANGE AVG T/C RATES W-O-W CHANGE TREND BDI 2876 164 CAPESIZE 3937 488 39.734 5.989 FIRMER PANAMAX 3121 143 25.99 1.164 FIRMER SUPRAMAX 1992-117 2.833-1.221 WEAKER HANDYSIZE 179-13 15.855-153 STEADY Bulk Carrier Vessel's Name Built Country TEU Gears Engine Price Sale's Comment SIR CHARLES PARSONS 2253 1985 UNITED KINGDOM Gearless Mirrlees 3.5. USD SOLD TO TURKISH BUYERS POLYDEFKIS P 22713 1982 JAPAN 3 X 25t CRANES Mitsubishi 4.. USD SOLD TO UNDISCLOSED BUYERS EMMANUELA 2841 1997 CHINA, PEOPLE'S 4 X 3t CRANES B&W 18.. USD SOLD TO FAR EASTERN BUYERS PINE HURST 31784 1999 JAPAN 4 X 3,5t CRANES Mitsubishi 2.. USD SOLD TO GREEK BUYERS STAR POLARIS 43775 1996 KOREA, SOUTH 4 X 3t CRANES B&W 22.. USD SOLD TO GREEK BUYERS (IKARUS MARINE) BASIC ARROW 4897 21 JAPAN 4 X 3t CRANES Sulzer 26.5. USD SOLD TO GREEK BUYERS CAPTAIN GEORGE II 52383 1994 UKRAINE 4 X 25t CRANES B&W 17.. USD SOLD TO SAUDI ARABIAN BUYERS ELERANTA 73222 1995 KOREA, SOUTH B&W 24.5. USD SOLD TO UNDISCLOSED BUYERS ANASTASIA C 7683 24 JAPAN B&W 39.. USD Container Vessel's Name Built Country TEU Gears Engine Price Sale's Comment ITAL VERDE 14265 1984 GERMANY, FEDERAL 16 2 X 4t CRANES MaK 2.. USD NORTHERN JOY 3116 1992 POLAND 221 Sulzer - General cargo Vessel's Name Built Country TEU Gears Engine Price Sale's Comment STELLA MARIS 2639 28 BANGLADESH 136 MAN-B&W 3.5. USD PERSEUS 8934 1998 JAPAN 2 X 3,5t CRANES, 1 X 3t DERRICKS SOLD TO PAKISTAN BASED BUYERS (PNSC) SOLD TO ITALIAN BUYERS ON "AS IS BASIS" SOLD TO UNDISCLOSED BUYERS ON PRIVATE TERMS SOLD TO GERMAN BUYERS AT AUCTION IN MIAMI B&W 7.2. USD SOLD TO VIETNAMESE BUYERS

7, Filonos Street, 7th Floor, Piraeus 185 35, Greece Tel: +3 21 45245, Fax: +3 21 452517/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr Wet SIZE INDEX W-O-W CHANGE BDTI 72-22 BCTI 671-15 SIZE AVG SPOT EARNINGS W-O-W CHANGE AVG T/C RATES BSS 1 YR TREND VLCC $ 17,5. -5% 39. SOFTER SUEZMAX $ 12,. -23% 3. WEAKER AFRAMAX $ 11,. -12% 19. WEAKER CLEAN MR $ 7,5. -5% 13.5 SOFTER Tanker Vessel's Name Built Country DB DS Engine Price Sale's Comment NIZON (Coated, IMO II) 4578 24 KOREA, SOUTH Y Y B&W 3.. USD SOLD TO UNDISCLOSED BUYERS INCLUDING 2 YEARS BBB AT USD 1 PER DAY

7, Filonos Street, 7th Floor, Piraeus 185 35, Greece Tel: +3 21 45245, Fax: +3 21 452517/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr Baltic Dry Indices 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 25 488 3366 1747 681 4593 2319 4956 3124 1488 2129 1868 1391 26 447 3199 233 614 439 2711 4394 342 1841 2989 2265 1442 27 1139 792 4219 16256 997 5943 11713 736 3923 6956 4552 2732 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 2915 17 5455 3458 164 4622 3441 1941 3111 2349 1664 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 Baltic CapeSize Index 18. 16. 14. 12. 1. 8. 6. 4. 2. 1\6\ 1\8\ 1\1\ 1\12\ 1\2\1 1\4\1 1\6\1 1\8\1 1\1\1 1\12\1 1\2\2 1\4\2 1\6\2 1\8\2 1\1\2 1\12\2 1\2\3 1\4\3 1\6\3 1\8\3 1\1\3 1\12\3 1\2\4 1\4\4 1\6\4 1\8\4 1\1\4 1\12\4 1\2\5 1\4\5 1\6\5 1\8\5 1\1\5 1\12\5 1\2\6 1\4\6 1\6\6 1\8\6 1\1\6 1\12\6 1\2\7 1\4\7 1\6\7 1\8\7 1\1\7 1\12\7 1\2\8 1\4\8 1\6\8 1\8\8 1\1\8 1\12\8 1\2\9 1\4\9 1\6\9 1\8\9 1\1\9 1\12\9 1\2\1 1\4\1 1\6\1 1\8\1 1\1\1 1\12\1 Baltic Panamax Index 1. 8. 6. 4. 2. 1\6\ 1\8\ 1\1\ 1\12\ 1\2\1 1\4\1 1\6\1 1\8\1 1\1\1 1\12\1 1\2\2 1\4\2 1\6\2 1\8\2 1\1\2 1\12\2 1\2\3 1\4\3 1\6\3 1\8\3 1\1\3 1\12\3 1\2\4 1\4\4 1\6\4 1\8\4 1\1\4 1\12\4 1\2\5 1\4\5 1\6\5 1\8\5 1\1\5 1\12\5 1\2\6 1\4\6 1\6\6 1\8\6 1\1\6 1\12\6 1\2\7 1\4\7 1\6\7 1\8\7 1\1\7 1\12\7 1\2\8 1\4\8 1\6\8 1\8\8 1\1\8 1\12\8 1\2\9 1\4\9 1\6\9 1\8\9 1\1\9 1\12\9 1\2\1 1\4\1 1\6\1 1\8\1 1\1\1 1\12\1 Baltic Supramax - HandySize Index 3.5 3. 2.5 7. 6. 5. 2. 4. 1.5 1. 5 3. 2. 1. 1\12\2 1\2\3 1\4\3 1\6\3 1\8\3 1\1\3 1\12\3 1\2\4 1\4\4 1\6\4 1\8\4 1\1\4 1\12\4 1\2\5 1\4\5 1\6\5 1\8\5 1\1\5 1\12\5 1\2\6 1\4\6 1\6\6 1\8\6 1\1\6 1\12\6 1\2\7 1\4\7 1\6\7 1\8\7 1\1\7 1\12\7 1\2\8 1\4\8 1\6\8 1\8\8 1\1\8 1\12\8 1\2\9 1\4\9 1\6\9 1\8\9 1\1\9 1\12\9 1\2\1 1\4\1 1\6\1 1\8\1 1\1\1 1\12\1

7, Filonos Street, 7th Floor, Piraeus 185 35, Greece Tel: +3 21 45245, Fax: +3 21 452517/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr Secondhand Sales Statistics Current Secondhand Activity per / Size/ Invested Capital During 21 Secondhand Activity per / Size/ Invested Capital...during 29 A. Dry Size Invested Capital Invested Capital A. Dry 741 35.755.851 $9.312.759.5 B. Tanker 238 16.272.347 $4.99.315. 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,+ 49 311.472 $12.75. 169 4.661.876 $1.848.78. 79 3.959.993 $1.823.415. 7 5.33.42 $1.653.91. 38 6.17.276 $1.242.8. 45 19.984.37 $6.689.655. C. Container 92 2.63.767 $685.825. D. Reefer 19 13.725 $18.42. E. RoRo Cargo/ Ferry/ Passenger 53 345.447 $373.22. F. Miscellaneous 21 721.397 $175.33. Grand Total 1.164 55.289.534 $15.564.869.5 Bulk Carriers Sales Per during 21 9 % CAPESIZE 17 % PANAMAX 2 % HANDYMAX 42 % HANDY 12 % 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,+ 6 311.232 $267.885. 12 3.417.656 $1.83.645. 12 846.39 $722.55. 29 2.962.353 $823.5. 18 2.87.613 $1.29.9. 22 6.295.28 $618.1. 17 5.251.552 $1.64.. Tankers Sales Per during 21 7 % ULCC 8 % VLCC 7 % SUEZMAX 11 % AFRAMAX 5 % PANAMAX 39 % PRODUCT 23 % MINITANK B. Tanker total 26 21.891.653 $6.329.58. C. Container Total 114 3.431.518 $1.79.52. D. Reefer Total 5 38.83 $22.1. E. RoRo Cargo/ Ferry/ Passenger Total 34 189.985 $312.798. F. Miscellaneou s Total 31 123.887 $664.8. Grand Total 849 45.659.163 $15.728.453.

7, Filonos Street, 7th Floor, Piraeus 185 35, Greece Tel: +3 21 45245, Fax: +3 21 452517/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr Invested Capital in Secondhand per month as of January 29 Year Month Invested Capital 29 29 Total 21 21 Total April-29 $93.61. May-29 $1.761.417.5 June-29 $2.63.5. July-29 $1.325.12. January-29 $1.464.35. February- 29 $887.66. March-29 $894.335. August-29 $1.158.81. September- 29 $1.17.995. October-29 $1.375.31. November- 29 $1.33.69. December- 29 $1.355.18. $15.564.869.5 April-21 $2.45.395. May-21 $2.261.75. June-21 $2.737.265. July-21 $1.395.7. January-21 $2.16.4. February- 21 $1.397.35. March-21 $2.35.668. August-21 $1.142.9. September- 21 $237.7. $15.728.453. Dry - Buyers' Nationality 2 % OTHER 1 % GERMANY 2 % KOREA SOUTH 1 % USA 3 % INDIA 2 % INDONESIA 1 % NORWAY 5 % TURKEY 21 % CHINA PEOPLE'S 2 % UNKNOWN 24 % GREECE Wet - Buyers' Nationality 35 % OTHER 2 % GERMANY 2 % KOREA SOUTH 5 % USA 4 % INDIA 6 % INDONESIA 7 % NORWAY 2 % TURKEY 5 % CHINA PEOPLE'S 14 % UNKNOWN 19 % GREECE Container - Buyers' Nationality 17 % OTHER 7 % GERMANY 3 % KOREA SOUTH 1 % USA % INDIA 3 % INDONESIA 4 % NORWAY 8 % TURKEY 21 % CHINA PEOPLE'S 12 % UNKNOWN 25 % GREECE Invested Capital Graph - Invested Capital in Secondhand per month as of January 29 2.7.. 2.6.. 2.5.. 2.4.. 2.3.. 2.2.. 2.1.. 2... 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.. 1/29 2/29 3/29 4/29 5/29 6/29 7/29 8/29 Invested Capital Per Month 9/29 1/29 11/29 Months Total Capital 12/29 1/21 2/21 No Of Buyers Nationality during 21 - Top 1 ( vessels per sector) B. Tanker C. Container D. Reefer Buyer's Country A. Dry Grand Total GREECE 97 5 29 3 179 UNKNOWN 79 36 14 2 131 CHINA, PEOPLE'S 85 12 24 121 TURKEY 21 5 9 35 NORWAY 4 17 4 25 INDONESIA 7 15 3 25 INDIA 12 11 23 USA. 3 13 1 17 KOREA, SOUTH 1 6 3 19 GERMANY 5 4 8 17 Other 82 91 19 192 Grand Total 45 26 114 5 784 Buyers Nationality during 21 - Top 1 (Invested Capital per sector) B. Tanker C. Container D. Reefer Buyer's Country A. Dry Grand Total GREECE 2.256.125. 1.68.55. 768.5. 12.9. 4.718.75. UNKNOWN 999.68. 652.15. 169.2. 9.2. 1.83.23. CHINA, PEOPLE'S 1.479.65. 17.62. 137.4. 1.787.67. NORWAY 111.4. 571.9. 96.1. 779.4. INDIA 31.2. 611.25. 921.45. USA. 76.1. 753.. 7.5. 836.6. TURKEY 143.85. 141.6. 74.7. 359.52. INDONESIA 54.. 151.8. 22.. 227.8. GERMANY 12.3. 51.3. 119.5. 273.1. Other 998.4. 1.511.16. 276.95. 2.786.51. Grand Total 6.689.655. 6.329.58. 1.79.52. 22.1. 14.75.855. 3/21 4/21 5/21 6/21 7/21 8/21 9/21 16 15 14 13 12 11 1 9 8 7 6 5 4 3 2 1 Vesels

7, Filonos Street, 7th Floor, Piraeus 185 35, Greece Tel: +3 21 45245, Fax: +3 21 452517/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr Demolition Sales Type Vessel's Name Built Country LDT Price/ ldt Sale's Comment RO-RO CARGO SEA RUNNER 3884 1978 FRANCE - - SOLD TO INDIA ON PRIVATE TERMS RO-RO CARGO SEABOARD VOYAGER 11294 1985 GERMANY, FEDERAL 5834 - SOLD TO UNDISCLOSED BREAKERS ON PRIVATE TERMS RO-RO CARGO ATLANTIC BREEZE 17176 1986 JAPAN - - SOLD TO UNDISCLOSED BREAKERS ON PRIVATE TERMS RO-RO CARGO NILEDUTCH KWANZA 22138 1979 FRANCE - - SOLD TO INDIA ON PRIVATE TERMS BC LAUREL 26528 1985 JAPAN 5672 46 SOLD TO UNDISCLOSED BREAKERS BC IRAN SARBAZ 34859 1984 SPAIN 7835 45 SOLD TO INDIA TANKER SHOGUN 3916 1985 JAPAN 864 43 SOLD TO PAKISTAN TANKER EAGLE MILWAUKEE 14385 1987 KOREA, SOUTH 15725 435 SOLD TO PAKISTAN TANKER IRON MONGER 9 14627 1989 JAPAN 18622 44 SOLD TO INDIA Demolition Statistics For 21 Current Demolition Activity per / Size A. Dry 29 21 Size No Of No Of 1. Minibulk (up to 9,999 2. Handy (1, - 39,999 3. Handymax (4, - 59,999 4. Panamax (6, - 79,999 5. Capesize (8,+ 47 314.881 5 274.3 291 6.949.435 112 2.34.999 21 1.29.445 4 19.875 37 2.557.556 3 22.57 9 1.527.368 13 1.819.961 A. Dry Total 45 12.378.685 182 4.81.48 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,+ 23 113.925 37 237.144 93 2.979.399 11 3.54.389 1 663.265 12 85.752 17 1.628.564 14 1.342.71 8 1.279.391 9 1.33.577 1 2.61.81 14 3.741.337 B. Tanker Total 161 9.275.354 196 1.961.99 C. Container Total 171 4.983.766 59 1.56.659 D. Reefer Total 34 346.276 32 251.839 E. RoRo Cargo/ Ferry/ Passenger Total 17 1.159.623 89 947.282 F. Miscellaneous Total 14 731.236 15 424.597 Grand Total 892 28.874.94 573 18.956.694 Please Note that dry trading combination carriers are included in the dry sector and wet trading ones in the tanker sector.

7, Filonos Street, 7th Floor, Piraeus 185 35, Greece Tel: +3 21 45245, Fax: +3 21 452517/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr Country Demolition Activity by Country 29 21 BANGLADESH 18 9.821.725 72 4.658.67 BELGIUM 1 33.257 CHINA, PEOPLE'S 111 3.969.513 57 2.147.964 FAR EAST 1 2.79 INDIA 396 9.417.493 3 6.452.7 INDIAN OCEAN 1 4.258 INDONESIA 1 127.3 ' Average Age For Demolition 29 28 27 A. Dry 3,6 3,4 34,3 B. Tanker 26,4 28,9 29,4 C. Container 26,7 28,9 3,6 D. Reefer 28,9 3,3 33,1 E. RoRo Cargo/ Ferry/ Passenger 29,2 35,7 33,2 F. Miscellaneous 31,8 27,3 33 JAPAN 1 13.684 KOREA, SOUTH 1 8.45 MIDDLE EAST 1 41.483 PAKISTAN 78 2.751.893 52 3.466.113 SINGAPORE 1 47.559 1 68.157 TURKEY 1 64.629 5 5.9 U.A.E. (DUBAI) 1 22.94 UNKNOWN 111 2.59.84 83 2.18.259 Grand Total 892 28.874.94 573 18.956.694 Demolition of BCs by percentage for 29 12 % Minibulk 72 % Handy 5 % Handymax 9 % Panamax 2 % Capesize Demolition Activity By Demolition Per Month 4.8. 12 4.6. 115 4.4. 11 4.2. 15 4.. 1 3.8. 95 3.6. 9 3.4. 85 3.2. 8 3.. 75 dwt 2.8. 2.6. 2.4. 2.2. 7 65 6 55 no of vessels 2.. 5 1.8. 45 1.6. 4 1.4. 35 1.2. 3 1.. 25 8. 2 6. 4. 15 1 Demolition of Tankers by percentage for 29 2. 5 1/29 2/29 3/29 4/29 5/29 6/29 7/29 8/29 9/29 1/29 11/29 Months 12/29 1/21 2/21 3/21 4/21 5/21 6/21 7/21 8/21 9/21 14 % Minitank 58 % Product 6 % Panamax 11 % Aframax 5 % Suezmax 6 % VLCC % ULCC Sum of V essels Year Dry Demolition activity since 2 of Dry Tankers of Tankers 2 281 7.362.791 148 13.48.779 488 21.634.323 21 417 11.755.937 136 15.439.165 644 28.126.556 22 27 8.683.149 192 18.32.275 548 28.579.662 23 219 5.732.642 232 18.395.563 55 25.181.35 24 78 1.514.72 173 8.551.39 339 1.488.671 25 38 1.155.58 1 4.259.393 182 5.539.311 26 117 2.821.5 111 3.52.432 33 6.965.141 27 47 649.749 127 4.65.141 23 5.169.226 28 124 5.33.44 122 5.895.238 362 13.211.56 29 45 12.378.685 161 9.275.354 892 28.874.94 21 182 4.81.48 196 1.961.99 573 18.956.694

7, Filonos Street, 7th Floor, Piraeus 185 35, Greece Tel: +3 21 45245, Fax: +3 21 452517/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr Contact Details ILIAS BOLIS AOH: +3-21 - 8 25 439 MOBILE: +3-6937 - 2 65 GEORGE DASKALAKIS AOH: +3-21-62 29 124 MOBILE: +3-6932-24 8 7 STAVROS DRAKOGIANNOPOULOS AOH: +3-21-6 11 438 MOBILE: +3-6932 - 2 15 65 SAKIS DRAKOGIANNOPOULOS AOH: +3 2299 63 237 MOBILE: +3-6944 - 88 58 8 NASSOS HATZIGEORGIOU AOH: +3-21 - 93 16 353 MOBILE: +3-6944 - 73 33 93 COSTAS KARADIMAS AOH: +3-21 - 62 11 96 MOBILE: +3-6932 - 2 15 64 JOHN KOSTOYANNIS AOH: +3-21 - 81 31 194 MOBILE: +3-6932 - 43 39 99 THASSOS PAPOUIS AOH: +3-21 62 31 392 MOBILE: +3 6944 29 49 89 THEODOROS MOISSOGLOU AOH: +3-21 - 96 19 87 MOBILE: +3-6932 - 45 52 41 TASSOS PROSIOS AOH: +3-21 89 46 692 MOBILE: +3 6942 6 78 32 JOHN STASSINAKIS AOH: +3 211 4 16 51 MOBILE: +3 6972 6 92 9 EVAGELOS TOBALOGLOU AOH: +3-21 - 43 25 185 MOBILE: +3-6932 - 4 56 2 COSTIS TSALPATOUROS AOH: +3-21 - 96 19 278 MOBILE: +3-6932 - 2 15 63 PLUTON VARVAROS AOH: +3-21 45 11 331 MOBILE: +3-6937 25 15 15 ALLIED SHIPBROKING INC. 7, Filonos Street, 7 th Floor, Piraeus 185 35, Greece Tel: +3 21 45 24 5 Fax: +3 21 45 25 17/ 19 E-mail: snp@allied-shipbroking.gr ALLIED CHARTERING S.A. 7, Filonos Street, 5th Floor, Piraeus 185 35, 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