25 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 MONTHLY REPORT Baltic Dry Index August 217 15 1 5 Aug-12 Oct-12 Dec-12 Feb-13 Apr-13 Jun-13 Aug-13 Oct-13 Dec-13 Feb-14 Apr-14 Jun-14 Aug-14 Oct-14 Dec-14 Feb-15 Apr-15 Jun-15 Aug-15 Oct-15 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17 PRICES TANKERS ($ MIO) * Prices reflect Year s End 211* 212* 213* 214* 215* 216* Aug-17 VLCC 5Y 55.6 56. 55.8 77.1 8 6 63 VLCC 1Y 34.1 35. 35. 52.1 55 4 39 SUEZMAX 5Y 45.6 4.2 39.5 56.8 6 4 4 AFRAMAX 5Y 34.7 28. 27.8 41.9 46 29 3 AFRAMAX1Y 19.3 16.3 16.3 26.8 31 18 2 PANAMAX5Y 3.9 24.3 24.3 33.4 35 28 26.5 47K 5Y D/H 25.8 23. 23.3 23.8 28.9 22 23.5 45K 1Y D/H 15.8 15.5 15.7 15.2 19.6 15.5 16 45K 2Y 6. 6.2 6.2 6.5 8.5 5.1 5.3 PRICES BULKERS ($ MIO) * Prices reflect Year s End 211* 212* 213* 214* 215* 216* Aug-17 CAPESIZE 5Y 36.3 32. 43.9 39.5 25 24 33 CAPESIZE 1Y 26.8 2.5 31. 27.8 13.6 15 21 CAPESIZE 15Y 15.2 12.7 18.2 16.3 8.5 8 15 CAPESIZE 2Y 1.5 9.3 1.1 9. 5.6 5.5 7.5 KAMSARMAX 5Y 26.4 18. 25.6 2.1 14 14 21.5 PANAMAX 1Y 18.6 12.5 17.9 14.6 8.5 8.5 13.5 PANAMAX 15Y 12.4 8.3 12. 1. 5 5.4 9 PANAMAX 2Y 8.1 5.4 7.5 5.4 3.6 3.6 5.5 SUPRAMAX 5Y 26.4 23.3 24.3 2.8 13.6 14 16.3 SUPRAMAX 1Y 18. 13. 17.4 13.8 8 9.5 12.5 HANDYMAX15Y 11.1 8.7 1.9 9.1 4.5 5.8 8.5 HANDYMAX2Y 7.9 6.3 6.4 6.2 3.5 2.8 5
2 Prior 217 76-78k dwt SECOND HAND SALES & CHARTER FIXTURE TRENDS 9. Monthly Tanker Market Trend 7 Monthly 1 Yr TC Rates 8. 6 7. 6. 5 5. 4 Price (USD Mio) 4. 3. 2. 1. Price (USD) 3 2 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 47K 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 Prices (USD Mio) 4. 3. 2. Price (USD) 25 2 15 1 1. 5. CAPE 5Y CAPE 1Y CAPE 15Y KMAX 5Y PMAX 1Y PMAX 15Y SUPRA 5Y SUPRA 1Y HMAX 15Y CAPE 1 Yr T/C SUPRA 1 Yr T/C PMAX 1 Yr T/C HMAX 1 Yr T/C
3 SECOND HAND TONNAGE MARKET 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 15 2 252 25 1 117 14 1 41 31 5 13 21 THIS MONTH - PREVIOUS MONTH THIS MONTH - PREVIOUS MONTH *Excluding demolition sales Sale and Purchase Market Ship Type Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Total BULK 72 62 42 34 31 41 282 TANK 3 29 44 34 21 13 171 GAS 6 1 1 5 1 3 17 CONT 25 29 2 12 23 6 115 TWEEN/MPP 2 3 5 5 15 REEF RORO FERRY 1 1 CRUISE Total 133 123 18 88 81 68 61
4 92 82 72 62 52 42 32 Baltic Clean Tanker - Yearly 857 634 421 27 3 33 36 39 42 45 48 51 2 5 8 11 14 17 2 23 26 216 WEEK NO 217 11 1 9 8 7 6 5 4 216 514 Baltic Dirty Tanker - Yearly 148 653 27 3 33 36 39 42 45 48 51 2 5 8 11 14 17 2 23 26 WEEK NO 217 Baltic Clean Tanker -Monthly 75 7 65 648 6 543 55 511 5 45 1/8/217 8/8/217 15/8/217 22/8/217 29/8/217 Baltic Dirty Tanker -Monthly 7 68 667 66 64 632 62 621 6 58 1/8/217 8/8/217 15/8/217 22/8/217 29/8/217 TANKER SALES NAME DWT BLT PRICE $ BUYER OANA 6474 28 CHINA DH 2.8 MIO UNDISCLOSED (At auction) SICHEM DUBAI 12936 27 SOUTH KOREA DH 9.2 MIO VIETNAM (Epoxy, SS/DD D 12/17) KY VENUS 1349 21 SOUTH KOREA DH 1 MIO SINGAPOREAN (At auction) TORM FOX 3725 25 SOUTH KOREA DH 1.7 MIO FAR EASTERN BETELGEUSE 45513 1999 SOUTH KOREA DH 5.25 MIO ENBLOC BSS SPICA 46168 1999 SOUTH KOREA DH 5.25 MIO UNDISCLOSED (Price each) EPIPHANY 47465 22 CROATIA DH 8 MIO GREEK HIGH DISCOVERY 5 214 SOUTH KOREA DH 28 MIO UNDISCLOSED (Incl 1 yrs BBB) BOX 5577 29 SOUTH KOREA DH 19.2 MIO UNDISCLOSED MARE PACIFIC 68467 21 JAPAN DH 6.5 MIO ENBLOC BSS MARE ATLANTIC 68467 21 JAPAN DH 6.5 MIO UNDISCLOSED (Price each) PHOENIX LIGHT 15599 29 SOUTH KOREA DH 23.25 MIO GREAT EASTERN SHIPPING GENER8 PERICLES 15674 23 JAPAN DH 11 MIO GREEK GAS SALES NAME DWT BLT CBM PRICE $ BUYER EPIC CAPRI 3942 1997 JAPAN 3244 3.3 MIO VIETNAMESE (FGAS) GALEA 72781 22 JAPAN 135269 * ENBLOC BSS GALLINA 72781 22 JAPAN 135269 4 MIO FAR EASTERN (Ttl price)
5 Spot Market - Tankers VLCC SUEZMAX AFRAMAX $/Day 7 6 5 4 3 2 1 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17 798 133 645 Period Market -Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX $/Day 35 3 25 2 15 1 27 18 145 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17
6 Baltic Handysize 5 492 49 48 482 47 46 466 45 44 1/8/217 8/8/217 15/8/217 22/8/217 29/8/217 Baltic Supramax 9 851 85 8 779 759 75 7 1/8/217 8/8/217 15/8/217 22/8/217 29/8/217 Baltic Panamax 14 135 13 131 125 12 115 1143 1195 11 15 1 1/8/217 8/8/217 15/8/217 22/8/217 29/8/217 Baltic Capesize 3 25 2381 293 2 15 1331 1 1/8/217 8/8/217 15/8/217 22/8/217 29/8/217 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER KAVAFIS 73 27 CHINA GLESS 2 MIO UNDISCLOSED TEAMWORTH NO. 2 22631 212 CHINA CR 3X3.5 4.91 MIO ENBLOC BSS TEAMWORTH NO. 1 22733 211 CHINA CR 3X3.5 4.85 MIO CHINESE (Price each) NICOLINA 24159 1997 JAPAN CR 3X3 2.57 MIO UNDISCLOSED PACIFIC STAR 28251 1996 JAPAN CR 4X3.5 3.1 MIO CHINESE VOULA SEAS 28495 22 JAPAN CR 4X3 5.3 MIO CHINESE (SS passed during May) CAPETAN VASSILIS 51196 23 CHINA CR 4X3 6.9 MIO CHINESE BUYERS (Open hatch) OCEAN PROMISE 51687 21 JAPAN CR 4X3 11.9 MIO UNDISCLOSED LIBERTY PRRUDENCIA 52191 23 KOREA CR 4X3 3.5 MIO UNDISCLOSED (Basis as is China in need of repairs and other outstandings) ATA-M 5398 23 JAPAN CR 4X3 8 MIO FAR EASTERN PRIVSEA 55 27 CHINA CR 4X31 9.5 MIO UNDISCLOSED OCEAN HAWK I 5639 27 JAPAN CR 4X3 12.5 MIO UNDISCLOSED OCEAN LEADER 56136 21 JAPAN CR 4X3 14.5 MIO GREEK PACIFIC KOREA 56452 212 CHINA CR 4X35 12 MIO UNDISCLOSED IN SHIMANAMI 61392 214 JAPAN CR 4X3.5 18.6 MIO OLDENDORFF CARRIERS IN IWAGI 61411 214 JAPAN CR 4X3.5 18.6 MIO OLDENDORFF CARRIERS TIGER BEEJING 63493 215 CHINA CR 4X3 * ENBLOC BSS TIGER HONGKONG 6357 215 CHINA CR 4X3 * ENBLOC BSS TIGER TIANJIN 63592 215 CHINA CR 4X3 * ENBLOC BSS TIGER ZHEJIANG 64 215 CHINA CR 4X3 8 MIO UNDISCLOSED (Ttl price) TIGER SHANGHAI 63514 214 CHINA CR 4X3 19 MIO ENBLOC BSS TIGER ANHUI 63542 214 CHINA CR 4X3 19 MIO GREEK (Price each) QC ATHINA 72917 2 KOREA GLESS 7.3 MIO UNDISCLOSED
7 PRIVATLANTIC 7551 212 JAPAN GLESS 18.5 MIO UNDISCLOSED FORTUNE EAST 75615 2 JAPAN GLESS 5.2 MIO CHINESE LEVANTES 759 21 JAPAN GLESS 8.2 MIO CHINESE STAR OF SAWARA 76553 28 JAPAN GLESS 13.5 MIO UNDISCLOSED ABY DIVA 76596 27 JAPAN GLESS 12.7 MIO GREEK (SS passed in March) FORTUNE CLOVER 7743 26 JAPAN GLESS 11.9 MIO UNDISCLOSED UNICORN OCEAN 78888 28 JAPAN GLESS 15 MIO GREEK (BBHP 5 YRS) MIDLAND SKY 81466 21 JAPAN GLESS 18 MIO SONGA BULK HB PRINCESS 81684 213 CHINA GLESS 17 MIO UNDISCLOSED (Bank sale) GODDESS SANTOSH DEVI 81918 214 JAPAN GLESS 22.75 MIO SONGA BULK UNITED WORLD 8226 213 JAPAN GLESS 21.5 MIO JP MORGAN GLOBAL MARITIME HARBOR HIROSE 83494 211 JAPAN GLESS 19.3 MIO SONGA BULK BOAVISTA 9377 21 CHINA GLESS 14.3 MIO OLDENDORFF CARRIERS TRANS NANJING 93226 211 CHINA GLESS 15.75 MIO FAR EASTERN ASTERIX 178978 21 KOREA GLESS 29.5 MIO GREEK (Part shares-part cash) CAPE LIBERTY 185897 25 JAPAN GLESS 19 MIO GOODBULK/CTM SHANDONG DA CHENG 42285 212 KOREA GLESS 9.8 MIO SHANDONG DA DE 4233 211 KOREA GLESS 87.2 MIO BANK OF COMMUNICATIONS (Incl 12YRS T/C) BANK OF COMMUNICATIONS (Incl 12YRS T/C) 25 Spot Market - Bulkers CAPESIZE PANAMAX HANDYMAX $/Day 2 15 1 5 215 112 675 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17 $/Day 181 161 141 121 11 81 61 41 Period Market -Bulkers 1 Year T/C 165 11 775 Aug-16 Oct-16 Dec-16 Feb-17 Apr-17 Jun-17 Aug-17 CAPE PMAX HANDYMAX
8 CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER ORIENT SPIRIT 8713 1995 JAPAN CR 2X36 5 1.5 MIO FAR EASTERN KAPALUA KONTOR 1375 27 CHINA GLESS 1118 3 MIO ENBLOC BSS PINE VALLEY KONTOR 1389 28 CHINA GLESS 1118 3 MIO UNDISCLOSED (Price each) CHINDWIN STAR 258 1996 GERMANY CR 2X4 1512 2.75 MIO SINGAPORIAN HANSA NORDBURG 23493 22 CHINA GEARLESS 174 3.5 MIO UNDISCLOSED EURO MAX 3937 22 POLAND CR 3X45 2732 5.4 MIO UNDISCLOSED HS CHOPIN 46344 27 KOREA GEARLESS 3768 9 MIO QATAR NAVIGATION SEASPAN GROUSE 51653 29 KOREA GLESS 4275 9.7 MIO ENBLOC BSS SEASPAN KENYA 51733 28 KOREA GLESS 4275 9.7 MIO ENBLOC BSS SEASPAN MOURNE 51733 29 KOREA GLESS 4275 9.7 MIO ENBLOC BSS SEASPAN ALPS 5175 29 KOREA GLESS 4275 9.7 MIO GERMAN (Price each) CLIVIA 5549 24 KOREA GLESS 4239 8 MIO SIMATECH SHIPPING ATLANTIC ALTAIR 66939 25 KOREA GLESS 575 8.7 MIO GREEK ACE SPAIN 679 24 JAPAN GLESS 5928 9 MIO UNDISCLOSED ANL WOOMERA 8617 25 KOREA GLESS 56 7.5 MIO ENBLOC BSS MARGRIT RICKMERS 6842 25 KOREA GLESS 56 7.5 MIO ENBLOC BSS JULIETTE RICKMERS 68168 25 KOREA GLESS 56 7.5 MIO CHINESE (Price each) PINEHURST KONTOR 68187 24 KOREA GLESS 55 6.85 MIO CHINESE MPP/TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER RICKMERS CR 2X32-29822 23 CHINA JAKARTA 1X1-1X45 1888 * ENBLOC BSS RICKMERS CR 2X32-29827 24 CHINA DALIAN 1X1-1X45 1888 * ENBLOC BSS RICKMERS NEW CR 2X32-29878 23 CHINA ORLEANS 1X1-1X45 1888 * ENBLOC BSS RICKMERS CR 2X32-318 23 CHINA SINGAPORE 1X1-1X45 1888 * ENBLOC BSS RICKMERS CR 2X32-3151 23 CHINA SEOUL 1X1-1X45 1888 35 MIO GERMAN (Ttl price)
9 NEW BUILDING MARKET AND REPORTED CONTRACTS $m 1 Tanker Prices VLCC Suezmax Aframax MR 8 81 6 54 4 43 33.5 2 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 Apr-17 Aug-17 $m 55 5 45 4 35 3 25 2 15 Bulker Prices Capesize Panamax Supramax Handysize 42.5 24.5 1 Aug-15 Dec-15 Apr-16 Aug-16 Dec-16 Apr-17 Aug-17 23 21 Ship Type 217 218 219+ Total Capesize 28 54 44 126 Panamax 45 56 42 143 Supra/Hmax 97 51 23 173 Handies 85 69 26 18 Total 255 23 135 62 Ship Type 217 218 219+ Total ULCC/VLCC 17 48 25 9 Suezmax 27 31 1 68 Aframax 36 58 39 133 Panamax 19 17 7 43 MR+Small 94 129 13 326 Total 193 283 184 66 Ship Type 217 218 219+ Total VLGC 1 8 13 33 LGC MR 4 13 4 21 Handy 7 5 1 13 Small 2 2 4 Total 23 28 18 69
1 Newbuilding Sales No. of Vessels 5 4 3 2 1 398 235 28 79 47 8 Tankers >1, dwt Bulkers >1, dwt Containerships 13 18 215 216 Aug-17 3 Delivery Schedule m. dwt Bulkers >1, dwt. Tankers >1, dwt 3 26.6 25 23.8 19.9 2 17.2 15 12.8 12.7 1 5 Aug-17 218 219+ Tanker Newbuildings on Order m. dwt 3 28.1 25 2 15.1 15 1.7 1 5 VLCC Aframax Products 11.2 3.2 Suezmax Panamax Bulker Newbuildings on Order Capesize Panamax m. dwt Handymax Handysize 35 32.1 3 25 2 15 11.8 1.5 1 6.4 5 August 217 August 217 Tankers Newbuilding Historical Prices ($m) Jul-17 216 215 214 213 212 211 21 28 25 2 1995 199 1985 32, DWT 1 81 84.5 93.7 97.3 93.8 93.2 98.9 14.8 15 12 76.5 85.3 87.4 17, DWT 1 54 54.5 63 65.5 59.6 57.1 6.3 66.3 9 71.5 52.5 54 66.1 115, DWT 1 43 44.5 52 53.6 52.2 48.5 52.2 56 74 58 41.5 43.3 53.2 47, DWT 1 33.5 32.5 35.4 36.8 34.6 33.8 35.2 36.1 46.5 43 29.5 33.2 Bulkers 18, DWT 1 42.5 42 46 54.2 53.6 45.7 48.4 57.2 87 58.5 4.5 42.3 6.2 29.3 81, DWT 1 24.5 24.5 25.7 29 27.8 25.6 28.7 34.3 45.5 36 22.5 27.9 3 13.4 62, DWT 23 22.3 24.1 27.2 26.5 23.7 26.7 31.1 41 31 2.5 24.1 25.3 12.4 35, DWT 21 19.5 2.3 22.8 22.2 2.5 22.2 26.3 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 Prior 217 to read 73 76k dwt, 45k dwt & 3k 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 Bulk 28 CSBC (Kaohsiung) 219 China Steel Express Bulk 28 CSBC (Kaohsiung) 219 China Steel Express Bulk 85 Oshima Shipbuilding 22 Foremost Maritime Bulk 85 Oshima Shipbuilding 22 Foremost Maritime Bulk 25 Fujian Southeast SB 219 Fujian Anda Shpg Chem & Oil 795 AVIC Dingheng SB 219 SOCATRA Chem & Oil 795 AVIC Dingheng SB 219 SOCATRA Chem & Oil 795 AVIC Dingheng SB 219 SOCATRA Option Container 37 Zhejiang Ouhua SB 219 Cape Shipping Container 37 Zhejiang Ouhua SB 219 Cape Shipping Container 12 Dae Sun Shipbuilding 218 SITC Container 12 Dae Sun Shipbuilding 218 SITC Container 12 Dae Sun Shipbuilding 218 SITC Container 12 Dae Sun Shipbuilding 219 SITC Container 12 Dae Sun Shipbuilding 219 SITC Container 12 Dae Sun Shipbuilding 219 SITC Container 3 Keppel AMFELS 22 Pasha Hawaii Container 3 Keppel AMFELS 22 Pasha Hawaii Container 3 Keppel AMFELS 221 Pasha Hawaii Option Container 3 Keppel AMFELS 221 Pasha Hawaii Option Crew Boat Grandweld 218 KSC Crew Boat Grandweld 218 KSC Crew Boat Grandweld 218 KSC Crew Boat Grandweld 219 KSC LPG 55 Hyundai HI (Ulsan) 219 Vitol Group LPG 55 Hyundai HI (Ulsan) 219 Vitol Group LPG 55 Hyundai HI (Ulsan) 22 Vitol Group Option LPG 55 Hyundai HI (Ulsan) 22 Vitol Group Option LPG 55 Hyundai HI (Ulsan) 22 Vitol Group Option LPG 55 Hyundai HI (Ulsan) 22 Vitol Group Option LPG 55 Hyundai HI (Ulsan) 22 Vitol Group Option LPG 55 Hyundai HI (Ulsan) 22 Vitol Group Option Pass/Car Cat Austal Pty.Ltd 22 Fjord Line AS
12 Demolition Historical Data DEMOLITION MARKET Demolition Prices Gen Cargo Tanker India USD 385 /lt Ldt USD 45 /lt Ldt Bangladesh USD 395 /lt Ldt USD 415 /lt Ldt Pakistan USD 39 /lt Ldt USD 4 /lt Ldt China USD 26 /lt Ldt USD 27 /lt Ldt USD/ton USD/ton Million dwt 58 53 48 43 38 33 28 23 18 58 53 48 43 38 33 28 23 18 6 5 4 3 2 1 33 325 365 395 Price Tankers* 355 35 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *India month's end prices 315 315 35 38 Price Bulkers* 34 335 38 355 45 385 214 215 216 217 214 215 216 217 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *India month's end prices 25.6 14.5 4.9 2.35 4.6 3.8 15.916.7 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 44.6 38.8 34.3 23.6 * Bss reported sales
13 6 Historical Demolition Prices (India Year's End) 5 USD/ton 4 3 2 TANKERS BULKERS Avg. Trend 1 HISTORICAL DEMOLITION PRICES (*Indian Year s End) 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 CURR. TANK 136 174 135 174 262 362 32 45 57 287 338 485 482 45 435 425 3 3 45 BULK 143 17 135 181 267 381 332 392 472 268 328 437 456 375 41 4 285 28 385 India TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS CONT MANDRAKI 6639 1988 23451 385 As is Singapore incl. 5t bunkers, green recycling. GAS SUN ARIES 5357 1991 16761 395 As is Khor Fakkan with 5t of bunkers REEF BALTIC MERCHANT 1155 1988 5973 45 TANK ARMADA INTREPID 15263 1998 42325 335 As is Batam under tow for guaranteed HK SOC green recycling TANK FPSO OPPORTUNITY 149494 1972 3597 32 As is Johor under tow for guaranteed HK SOC green recycling Bangladesh TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK TAIO COSMOS 43524 1988 8592 356 BULK GORNOZAVODSK 475 1991 2461 365 BULK GRACE OCEAN 17792 1986 447 36 BULK THORCO SAPPHIRE 137 24 447 36 BULK JENWIN III 8844 1981 2474 345 BULK FRISIA 1392 1985 1536 422 As is Colombo COMBO KARADENIZ POWERSHIP ESRA SULTA 1996 1996 185 41 GAS PP 2 1123 1985 31 RORO HYUNDAI NO.17 12939 1987 11992 43 RORO PEARL VI 4824 1988 9296 352 RORO ATLANTIC OCEAN 1882 1993 892 42 With about 3t bunkers rob TANK BORNEO PIONEER 16937 1988 4543 43 Including 86t sus316 solid stst and 13t of sus 34 TANK JADE PALMS 29836 1995 4282 39 As is Singapore TANK EAGLE BOSTON 99328 1996 16726 389 TANK SANMAR SERENADE 45696 1992 8254 382 As is Colombo with 2t of bunkers TANK PERSIA 1999 1984 654 371 TANK MARAN CENTAURUS 3294 1995 4894 43 As is Singapore TANK Q.T. ONE 38864 1987 9616 371
14 TANK B.P.P. 25 2391 1979 122 31 TANK HADIYAH 12119 1989 2147 4 As is Kuwait TWEEN OCEAN GRACE 2949 1976 447 36 China TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK FU MIN 72437 1997 1185 27 BULK YONG LI 74382 21 991 27 Pakistan TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK BERGE YOTEI 172846 1997 21 425 COMBO E.OLDENDORFF 78488 1982 17357 38 Turkey TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS N/A Other TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS CONT ALEXANDRA RICKMERS 3781 1997 114 38 As is Port Said TANK NADIN 298731 1996 4243 382 As is Singapore TANK KEROS WARRIOR 13368 2 14364 393 As is Singapore TANK EAGLE COLUMBUS 17166 1997 16711 45 As is Singapore. Gas free for Hot Works N/A
15 8 7 6 USD/ton 5 4 3 2 1 HISTORICAL BUNKER PRICES Bunkers Cost (38 cst) Rotterdam Fujeirah Houston Average Trend 12 1 USD/ton 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 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 36 216 37 472 34 546 31 525 Aug-17 33 49 35 55 299 52
16 MARKET INDICATORS USD-EUR 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 USD-JPY $/Barrel 16. 14. 12. 1. 8. 6. 4. 2.. Brent Oil GBP CAD EUR JPY CHF USD AUD GBP 1.61575.92329.73.872.77381.6143 CAD 1.62356 1 1.49919.1141 1.3169 1.25652.99751 EUR 1.8287.66685 1.761.87422.8384.66532 JPY 142.23 87.59 131.33 1 114.82 11.7 87.38 CHF 1.23849.76269 1.14363.871 1.95847.769 USD 1.29211.79573 1.19312.98 1.4311 1.79387 AUD 1.6273 1.216 1.5272.1144 1.31371 1.25941 1 * 31/8/217 values
17 STOCK WATCH NAME TICKER THIS MONTH* LAST MONTH CHANGE % 52w HIGH 52w LOW Capital Product Partners CPLP 3.52 3.65-3.6 4. 2.73 Diana Shipping Inc. DSX 3.97 3.9 1.8 6.2 2.21 Dryships Inc. DRYS 2.72 1.76 54.5 799681.62.98 Dynagas LNG Partners LP DLNG 14.4 14.74-4.7 17.93 12.76 Eagle Bulk Shipping Inc. EGLE 4.53 4.35 4.1 11.16 4.6 Euroseas Ltd. ESEA 1.48 1.39 6.5 8.7 1.4 Freeseas Inc. FREEF.. 38.. Costamare Inc. CMRE 6.27 6.57-4.6 9.54 5.7 Navios Maritime Holdings NM 1.54 1.28 2.3 2.4.95 GasLog Ltd. GLOG 16.8 17.9-6.1 18.35 12.39 Paragon Shipping Inc. PRGNF.4.47-91.5 56.97.1 Safe Bulkers Inc. SB 3.24 2.65 22.3 3.34 1.9 Star Bulk Carriers Corp. SBLK 11.41 1.42 9.5 13.4 4.3 Stealthgas Inc. GASS 3.22 3. 7.3 4.78 2.65 TEN Inc. TNP 4.5 4.91-8.4 5.41 3.92 TOP Ships Inc. TOPS.57.33 71.2 7567.1.47 Box Ships Inc. TEUFF.3.13-73.2 1.97. Diana Containerships Inc. DCIX.56.52 7.7 7694.36.51 Danaos Corporation DAC 1.65 2.5-19.5 4.4 1.25 Aegean Marine Petroleum ANW 5.5 4.8 5.2 13.1 4.2 * 31/8/217 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,