MARKET REPORT WEEKS 5152/07 + 01/08 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDING FRIDAY JANUARY 04 TH 2007 CHELSEA 298.432 1995 YANGTZE STAR 265.995 1994 ISHWARI 145.200 1991 AMALTHEA 107.115 2006 UNIQUE PRIORITY 105.634 2004 UNIQUE PRIVILEGE 105.483 2003 DAEWOO HEAVY, MITSUBISHI, HYUNDAI HEAVY, DAEWOO SHIP/MARINE, DAEWOO SHIP/MARINE, SUMITOMO, TANKERS HULL DH SH 101.00 M 58.00 M NORWEGIAN (BLYSTAD) (PLATON SHIPPING) DH DH 80.00 M DH DH (MINERVA) DANISH (A P MOLLER) DANISH (A P MOLLER) UNIQUE PRIVILEGE, DECLARED OPTIONS UNIQUE PRIORITY, DECLARED OPTIONS ANTIGONI 96.999 1982 OSHIMA, SH 11.50 M CHINESE FOR CONVERSION FR8 LOYALTY 51.000 2008 SPP, DH 57.50 M FR8 HAMBURG 51.000 2008 SPP, DH 57.50 M FR8 DIGNITY 51.000 2008 SPP, DH 57.50 M FR8 COPENHAGEN 51.000 2008 SPP, DH 57.50 M (FINAVAL) (FINAVAL) (FINAVAL) (FINAVAL) 3 SISTERS 3 SISTERS 3 SISTERS 3 SISTERS BUNGA KEKARAS 29.990 1995 HHI, SH 15.50 M MATINA 12.771 1984 TAIHEI, DB 5.50 M SKY ACE 8.765 1997 USUKI, DH 17.00 M N KASSIOPIA 7.877 1992 USUKI, DH CONVERTED TO DH MANOS M 7.430 1990 NEPLINE I 7.000 2007 NITTAN MARU NO.8 4.999 1989 SVOBODNYY 3.086 1989 BELOGORSK 3.086 1988 ELEUSIS, GREECE ZHEJIANG, CHINA NAIKAI SETODA, WARTSILA, FINLAND LAIVATEOLLISUUS, FINLAND DH 9.80 M CONVERTED TO DH DH 17.50 M DB 4.20 M INDONESIAN DB 3.40 M DB 3.40 M BELOGORSK SVOBODNYY
GOLAR FROST 67.100 2003 HYUNDAI HEAVY, LPG CBM 137.500 231.00 M (OLT OFFSHORE LNG TOSCANA) GRANATINA 72.199 2003 DAEWOO, 140.500 NORWEGIAN (GOLAR) CARIBANA 16.263 1991 GAZ PACIFIC 5.986 1981 QIN SHI HUANG 3.500 2007 MEYER PAPENBURG, MEYER PAPENBURG, TAIZHOU WUZHOU, CHINA 15.096 42.50 M 5.667 3.200 29.00 M DANISH (OTHELLO SHIPPING) (MAGNUS CARRIERS) INCL BBB AT RATE/PERIOD ONE SISTER VESSEL NB RESALE 3.500 2007 TAIZHOU WUZHOU, CHINA 3.200 29.00 M QIN SHI HUANG 4000 3500 BALTIC TANKER INDICES 2008 3000 2500 2000 1500 1000 500 0 0 BDTI 07 BCTI 07 BDTI 08 BCTI 08 5 10 15 20 25 30 35 40 45 50 Week
NILIMAR Ships Sale & Purchase VOUTAKOS 188.334 1987 ORIENTAL FORTUNE 69.606 1996 LIBERTY SEA 63.800 1984 LAZEEZ 62.267 1980 PINAR K 52.455 2002 BULKERS SAMSUNG SHIP/HEAVY, HASHIHAMA, HYUNDAI HEAVY, KOYO MIHARA, TSUNEISHI CEBU, PHILIPPINES GEAR 78.00 M FAR EASTERN DELY MAY 08 GLESS ESE (NYK) VESSEL HAS BEEN ON CHARTER TO NYK GLESS VIETSE GLESS CR 4x30T 17.00 M 76.00 M (RAINBOW) TURKISH (NEMTAS) INCL, TC TILL NOV 08 AT USD 23.000PD TANGO GLORY 48.193 2001 OSHIMA, CR 4x30T 71.00 M FAR EASTERN DELY 06/08 GLEN HELEN 46.570 1998 OSHIMA, CR 4x30T 130.00 M FAR EASTERN ISOLDE ISOLDE 46.570 1998 OSHIMA, CR 4x30T 130.00 M FAR EASTERN GLEN HELEN LONG XING 42.123 1971 LUEBECKER, DR 14x5T 5.50 M TAIWANESE SVETI VLAHO 39.443 1984 HITACHI, CR 5x25T 32.50 M DELY 0304/08 ORIANA C 38.706 1985 KOYO MIHARA, CR 4x25T 27.00 M JINSE RESALE 32.000 2009 JINSE, CR 4x30T 50.50 M JINSE RESALE 32.000 2009 JINSE, CR 4x30T 50.50 M IMABARI RESALE 28.050 2008 IMABARI, CR 4x30T 45.73 M (SAFETY MANAGEMENT) (SAFETY MANAGEMENT) HONG KONG BASED (PACIFIC BASIN) INCL TC TILL 10/2008 AT USD 23.000PD ONE SISTER VESSEL ONE SISTER VESSEL DELY 04/2008 GOLD CARRIER 27.601 1985 MITSUI, CR 4x25T 23.00 M SYRIAN PACIFIC NOVATOR 26.003 1982 CCN MAUA, BRAZIL CR 4x25T 8.40 M TURKISH AFRICAN PROTEA 24.111 1997 SHANGHAI S/Y, CHINA CR 4x30T 76.75 M (FREESEAS) AFRICAN IMPALA AFRICAN IMPALA 24.111 1997 SHANGHAI S/Y, CHINA CR 4x30T 76.75 M (FREESEAS) AFRICAN PROTEA NICKOLAOS 9.861 2000 BRODOTROGIR, CROATIA CR 2x15T 33.00 M ANTHI H ANTHI H 9.802 2001 BRODOTROGIR, CROATIA CR 2x15T 33.00 M NICKOLAOS MARINA QUEEN 8.747 1997 HIGAKI, CR 3x25T 13.00 M ABDULLAH MUHIEDDIN 6.654 1982 TAIHEI AKITSU, DR 4x15T 3.00 M SYRIAN
BULKERS GEAR YU KYUNG 5.101 1982 KOCHI, DR 3x15T 2.10 M SEA LION 4.000 1993 ILSE K 3.729 1993 ESBJERG, PEENEWERFT, CR 2x25T GERMAN GLESS
17000 16000 15000 14000 13000 12000 11000 10000 9000 8000 7000 6000 5000 4000 3000 2000 1000 0 5 BALTIC DRY INDICES 2008 10 15 20 25 30 35 40 45 50 BDI 08 BCI 08 BPI 08 BHI 08 BDI '07 BCI '07 BPI '07 BHI '07 BDI '06 BCI '06 BPI '06 BHI '06 Week REPORTED FIXTURES RATE CHARTERERS DURATION HENG SHAN 2007 174,145 142,500$/D SHAGANG SUNRISE 1997 172,904 147,000$/D FILOMENA L 2003 76,602 72,000$/D ANTHEMIS 2004 76,310 72,000$/D POWER STEEL 1999 74,443 76,000$/D TMT BUNGE NORDEN NORDEN BUNGE 3/5 MONTHS 3/5 MONTHS 4/6 MONTHS 3.5/5.5 MONTHS 2 LADEN LEGS RUBY CREST 1997 73,330 69,000$/D LION 1986 40,835 55,000$/D ALIA R 1997 28,395 37,000$/D KLAVENESS ED+F MAN SHIPPING CETRAGPA 4/6 MONTHS 2 LADEN LEGS 2/3 LADEN LEGS BALTIC DRY INDICES BDI BCI BPI BSI PREVIOUS WEEK 9236 13708 8422 5864 CURRENT WEEK 8702 12890 7835 5611 + / 534 818 587 253
NILIMAR Ships Sale & Purchase WEDELLSBORG 22.800 1987 FRIJSENBORG 22.500 1987 TWEEN / MPP NORTH E.SHIP, U.K. NORTH E.SHIP, U.K. GEAR CR 6x32T CR 6x32T 46.00 M 46.00 M U.S. BASED (TBS) U.S. BASED (TBS) FRIJSENBORG, INCL. TC TILL 01/2009 AT USD 9.250PD WEDELLSBORG, INCL. TC TILL 01/2009 AT USD 9.250PD LOOTSGRACHT 9.682 1989 MIHO, CR 2x50T CANADIAN SANTA INES 8.615 1992 VARNA, BULGARIA CR 2x40T 10.50 M PALMYRA 8.224 1991 SIETAS KG, CR 2x150T PASSAT PASSAT 7.802 1992 SIETAS KG, CR 2x200T PALMYRA HARI BHUM 7.754 1981 RICKMERS, CR 2x35T 4.00 M INDONESIAN KIRSTEN MAERSK REGINA MAERSK KATRINE MAERSK 90.456 1997 84.900 1996 84.900 1997 EVER GATHER 43.401 1984 EVER GARDEN 43.401 1984 CONTAINER GEAR TEU ODENSE, ODENSE, ODENSE, CSBC, TAIWAN CSBC, TAIWAN GLESS 6.418 GLESS 6.418 GLESS 6.418 GLESS 2.922 GLESS 2.922 280.50 M 280.50 M 280.50 M 69.00 M 69.00 M REGINA MAERSK / KATRINE MAERSK, INCL 10 YRS TC BACK AT USD 35.000PD KIRSTEN MAERSK / KATRINE MAERSK, INCL 10 YRS TC BACK AT USD 35.000PD REGINA MAERSK / KATRINE MAERSK, INCL 10 YRS TC BACK AT USD 35.000PD EVER GARDEN / EVER GENTLE / LT GOING, INCL 5 YRS TC BACK AT USD 14.000PD EVER GATHER / EVER GENTLE / LT GOING, INCL 5 YRS TC BACK AT USD 14.000PD
EVER GENTLE 43.401 1984 NILIMAR Ships Sale & Purchase CSBC, TAIWAN GLESS 2.922 LT GOING 43.198 1983 IHI, GLESS 2.728 ILONA 11.116 1996 KATHARINA EHLER 5.335 1993 QINGSHAN, CHINA SIETAS KG, 69.00 M 69.00 M CR 2x35T 847 15.00 M DANISH EVER GATHER / EVER GARDEN / LT GOING, INCL 5 YRS TC BACK AT USD 14.000PD EVER GATHER / EVER GARDEN / EVER GENTLE, INCL 5 YRS TC BACK AT USD 14.000PD INCL. TC TILL 04/2009 AT USD 9.250PD GLESS 515 10.85 M PONT L ABBE 3.150 1978 AALBORG, RORO / PASS CARS /LM PAX 416 1.370 FRENCH (BRITTANY FERRIES) NOVA LIGURIA 5.459 1985 HUA FU 101 7.468 1986 HUA FU 102 4.900 1987 KIN PING HAI 2.468 1985 KITANIHON, 61 KOMMUNARA RUSSIA 61 KOMMUNARA RUSSIA TOKUSHIMA, REEFER GEAR REEF. CAP. GLESS 230.854 6.50 M CHINESE DR 9x4T DR 2x2T DR 9x4T DR 2x2T 234.844 5.50 M 235.586 5.50 M HUA FU 102 HUA FU 101 GLESS 122.013 2.20 M FAR EASTERN TYPE DEMOLITION LDT USD/LT SOLD TO GAZ HORIZON GAS 47.989 1982 18.009 495 INDIA ASIS FUJAIRAH, WITH SUFFICIENT BUNKERS FOR DELY INDIA BELICIA TANK 4.365 1980 1.388 BANGLADESH
MARKET RATES BRENT USD GBP USD K WON USD YEN USD EURO PREVIOUS WEEK CURRENT WEEK + / 98.35 0.5035 92.25 0.5025 6.1 0.001 925.1 938.4 13.3 113.84 113 0.84 0.695 0.6802 0.0148
TYPE NILIMAR Ships Sale & Purchase DELY NEWBUILDINGS BULKER 313,000 2011 HHI 131.50 M KEOYANG BULKER 300,000 2012 DALIAN 116.80 M CSDC 4 UNITS BULKER 180,000 2010 C&HEAVY GRAND UNION 3+ BULKER 180,000 2009 DAEWOO 110.00 M KOREA LINE CORP BULKER 115,000 2010 MINDE 57.00 M GREATHORSE SHIPPING BULKER 81,100 2010/11 C&HEAVY GRAND UNION 4+ BULKER 81,000 2011 SPP GREAT EASTERN BULKER 80,000 2010 MINGDONG CONGMAO TGS BULKER 80,000 2010/11 WUJIAZUI S/Y 51.50 M KIRAN MAKINE GEMI BULKER 76,000 2010 JIANGNAN SHENZHEN ENERGY BULKER 76,000 2011/12 JIANGNAN 49.20 M NEWTON INDUSTRIAL BULKER 75,000 2009/10 JINGLU 49.00 M LASKARIDIS BULKER 60,000 2011/12 IMABARI TAIWAN NAVIGATION BULKER 58,000 2010/11 DAYANG 42.30 M EAGLE BULK 4 UNITS BULKER 57,700 2011 STX JINHAE 50.00 M ADNOC 4 UNITS BULKER 57,300 2011/12 CHINA S/B JIANGSU CSDC 10 UNITS BULKER 57,000 2009/10 WUJIAZUI S/Y 49.00 M KIRAN MAKINE GEMI BULKER 57,000 2009/11 COSCO GUANGZHOU APEEJAY SHIPPING 3 UNITS BULKER 50,300 2009/10 PT PAL 39.00 M THORESEN 4 UNITS BULKER 45,000 2010/11 FUJIAN SHENGLONG 34.15 M CSC PHOENIX BULKER 33,400 2010/11 KANASASHI INDUSTRIES ID SHIPPING BULKER 33,400 2010/11 KANASASHI INDUSTRIES 36.25 M UNIASIA FINANCE CORP. BULKER 32,000 2009/10 PT PAL 39.40 M THORESEN THAI 4 UNITS BULKER 32,000 CHANGONG S/Y, ZHEJIANG 30.05 M CSC PHOENIX BULKER 23,000 CHANGONG S/Y, ZHEJIANG 16.40 M CSC PHOENIX MPP 4,500 2008/09 ISRAEL S/Y 4 UNITS TANKER 52,000 2011 HYUNDAI MIPO D'ALESIO TANKER 20,000 2010 SHANGHAI MARITIME 2+ TANKER 10,000 2009 YANGZHOU KEJIN SEMUA SHIPPING TANKER 7,000 2009 ZHEJIANG SHANZHOU 15.00 M NEPLINE BERHAD TANKER 6,000 2009/11 GEO MARINE VROON 8 UNITS (ASPHALT ) TANKER 5,500 2009/10 CHUANGDONG S/Y CSC NANJING TANKER CONT 1,800 2011/12 CSBC 35.00 M WAN HAI LINES 6 UNITS