Mar- Jun- Sep- Dec- Mar-1 Jun-1 Sep-1 Dec-1 Mar-2 Jun-2 Sep-2 Dec-2 Mar-3 Jun-3 Sep-3 Dec-3 Mar-4 Jun-4 Sep-4 Dec-4 Mar-5 Jun-5 Sep-5 Dec-5 Mar-6 Jun-6 Sep-6 Dec-6 Mar-7 Jun-7 Sep-7 Dec-7 Mar-8 Jun-8 Sep-8 Dec-8 Mar-9 Jun-9 Sep-9 Dec-9 Mar-1 12 1 8 6 4 2 17-19, Vas. Pavlou Str., GR 166 73, Voula, Athens, Greece Tel: 21 96597 - Fax: 21 89964 - Tlx: 22626 ATH GR Internet Mail athenian@atheniansa.gr Monthly Report Baltic Dry Index March 21 PRICES TANKERS ($ MIO) 25 26 27 28 29 21 VLCC 5Y 117 117.2 136 155.8 78 81 VLCC 1Y 9 95.8 114.5 131 59.5 6 SUEZMAX 5Y 75.3 81 95.5 16 57 63 AFRAMAX 5Y 63 65.3 7 76.8 4.5 44 AFRAMAX1Y 53.9 51.8 6 64.7 23.5 32 PANAMAX5Y 48.1 55.5 6.4 61 35.5 38 45K 5Y D/H 46.8 47.3 53 52.7 23.5 26 45K 1Y D/H 38 38.9 44.7 43.2 16 18.5 45K 2Y 1.1 13.2 12.8 16 4 6 PRICES BULKERS ($ MIO) 25 26 27 28 29 21 CAPESIZE 5Y 56.8 81.2 148 45.5 54.5 62 CAPESIZE 1Y 38.2 61.8 13 3 45 45 CAPESIZE 15Y 28.2 43 88.5 21 28 29 CAPESIZE 2Y 18.5 21.3 6 79 16.5 18 PANAMAX 5Y 29.4 45.4 89 25.5 35 37.5 PANAMAX 1Y 23.8 37 71.5 19 27.5 31.5 PANAMAX 15Y 18.5 27.7 61 12.5 22 21.5 PANAMAX 2Y 1.6 16.1 44 9.2 12 13 SUPRAMAX 5Y 25.4 4 74.5 24 27.5 31 HANDYMAX1Y 2.7 32 6.5 18.2 22 24 HANDYMAX15Y 16.5 22.1 46 13 17.5 19.5 HANDYMAX2Y 1.1 15.4 36 7.4 11 12
2 Second Hand Tonnage Market S&P Activity Dry (<5, Dwt) AVAILABLE FOR SALE REPORTED SOLD PREVIOUS MONTH AV/BLE FOR SALE" PREVIOUS MONTH SALES S&P Activity - Tankers (<5, Dwt) AVAILABLE FOR SALE REPORTED SOLD PREVIOUS MONTH AV/BLE PREVIOUS MONTH SALES 16 6 5 4 3 2 1 336 375 76 31 THIS MONTH - PREVIOUS MONTH 12 8 4 139 15 42 22 THIS MONTH - PREVIOUS MONTH *Excluding demolition sales Sale and Purchase Market - Second Hand units Ship Type Oct-9 Nov-9 Dec-9 Jan-1 Feb-1 Mar-1 Total BULK 32 58 51 53 54 57 35 TANK 2 23 24 23 47 27 164 GAS 5 1 4 1 4 1 16 CONT 1 12 1 9 19 19 79 DRY CARG 13 2 18 19 5 12 87 REEF 4 3 4 4 1 16 RORO 5 6 2 3 3 19 FERRY 2 1 1 3 3 5 15 CRUISE 2 1 2 1 6 Total 88 123 119 116 137 124 77 Sale and Purchase Market - Second Hand - Dwt Ship Type Oct-9 Nov-9 Dec-9 Jan-1 Feb-1 Mar-1 Total Dwt BULK 1665134 36797 2911832 345757 38753 331264 18281914 TANK 195143 1714142 253594 1676587 3272313 246569 12713348 GAS 7418 63296 63381 4298 179753 56945 441691 CONT 262 26531 167143 24783 487829 814664 2129252 DRY CARG 142624 246374 126811 114957 3417 12826 792899 REEF 24147 21218 2998 24682 644 97449 RORO 71492 62644 2111 58989 16412 23638 FERRY 322 34 315 1814 8844 13619 39987 CRUISE 6362 1384 4693 1433 13872 Total 47165 53949 541937 5561272 79222 6386499 347415
$/Day $/Day 3 Spot Market - Tankers VLCC SUEZMAX AFRAMAX 735 635 535 435 335 235 135 35 Mar-9 May-9 Jul-9 Sep-9 Nov-9 Jan-1 Mar-1 48219 3926 3754 6 5 Period Market - Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX 4 3 2 1 Mar-9 Apr-9 May-9 Jun-9 Jul-9 Aug-9 Sep-9 Oct-9 Nov-9 Dec-9 Jan-1 Feb-1 Mar-1 35 25 191 TANKER SALES NAME DWT BLT PRICE $ BUYER SAMHO MOONSTONE 5664 29 S.KOREA DH 13 MIO AP MOLLER, DENMARK EASTERN FORTITUDE 8727 2 JAPAN DH 7.9 MIO TAIWANESE SHOSHUN 8816 1999 JAPAN DH 7.5 MIO TAIWANESE BUNGA SEMARAK 16924 199 MALAYSIA DB 2.5 MIO INDONESIAN LISTA 27892 1995 SPAIN DH 7 MIO PETROPUMA, SWISS ZOJA II 2861 1989 UKRAINE DH * ENBLOC BSS ZOJA I 2861 1988 UKRAINE DH 8.5 MIO NIGERIAN JAGUAR V 29998 199 JAPAN DH 7.6 MIO UNDISCLOSED CAPT GREGORY 31259 1998 S.KOREA DH 11 MIO GREEK TEAM ANEMONIA 4296 1995 CROATIA DB 4.5 MIO UNDISCLOSED SALVIA EXPRESS 45811 26 JAPAN DH 27 MIO KASSIAN MARITIME, GREECE BLUE DOLPHIN 72 23 CHINA DH 32.5 MIO S.AMERICAN WHITE DOLPHIN 72 23 CHINA DH 32.5 MIO S.AMERICAN TAIYOH I 96114 1991 JAPAN DS 6 MIO INDONESIAN SEA SAPPHIRE 96173 1994 POLAND DH 12.5 MIO MIDDLE EASTERN ARSOS 175 21 JAPAN DH 52.5 MIO BRIGHTOIL, HONG KONG NORTHERN SPIRIT 113 29 CHINA DH 53 MIO RUSSIAN PACIFIC SPIRIT 1131 28 CHINA DH 53 MIO RUSSIAN TITAN CHIOS 239783 1986 JAPAN SH 15 MIO MALAYSIAN TITAN SCORPIO 25896 1986 JAPAN SH 14.5 MIO UNDISCLOSED TITAN MERCURY 275341 1989 JAPAN SH 18 MIO KHUNNATHEE, THAILAND ARGO MEDEA 279984 1993 S.KOREA SH 15 MIO PETROBRAS CRYSTAL ACE 285365 1994 S.KOREA SH 17 MIO UNDISCLOSED GAS SALES NAME DWT BLT CBM PRICE $ BUYER GAS TEXIANA 559 1995 JAPAN 513 - UNDISCLOSED GAS PROPHET 2999 1996 JAPAN 3515 - UNDISCLOSED
4 Baltic Handysize 16 14 149 12 1258 1338 1 1178 1424 8 6 4 2 2 1/3/21 15/3/21 29/3/21 Baltic Supramax 35 3 25 2731 2873 2918 2 2384 258 2542 15 1 2 5 1/3/21 8/3/21 15/3/21 22/3/21 29/3/21 5 45 4 35 3 25 2 15 1 5 3669 413 Baltic Panamax 4 4298 4328 386 1/3/21 15/3/21 29/3/21 5 45 4 35 3 25 2 15 1 5 3344 3877 Baltic Capesize 4328 378 4 44 38 3282 3245 1/3/21 8/3/21 15/3/21 22/3/21 29/3/21 4 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER PORT DOURO 5314 1992 POLAND CR 2X3 3.5 MIO UNDISCLOSED FORTUNE TRADE 71 1998 JAPAN CR 2X25 8 MIO CHINESE MARINE AMETHYST 8527 1997 JAPAN CR 1X3, D2X25 5.4 MIO THAI STARIS 965 1985 GERMANY CR 3X25 2.2 MIO MOBY SHIPPING, LB OLIVA 12349 1985 JAPAN D 4X15 3.5 MIO CHINESE ADAMASTOS 17792 1986 JAPAN CR 3X3, D 1X3 4.7 MIO FAREASTERN WESTERN GRACE 18828 25 JAPAN CR 3X3 17.5 MIO NOBLE, HKG EASTERN GRACE 18849 25 JAPAN CR 3X3 17.5 MIO NOBLE, HKG CLIPPER SENTOSA 2741 1999 SINGAPORE CR 3X36 13.75MIO UNDISCLOSED VITAFAITH 23258 1984 S.KOREA CR 3X25 5 MIO TURKISH HIONA 23892 1981 JAPAN CR 4X25 4.8 MIO GREEK ARMELLE 26616 1984 BRAZIL CR 4X16 5.3 MIO UNDISCLOSED TOLMI 27476 198 JAPAN CR 5X25 2.9 MIO CHINESE HEDWIG 285 21 JAPAN CR 4X3.5 27.25MIO EUROPEAN OCEAN LEADER 2897 1984 JAPAN CR 4X25 5.85 MIO GREEK QUEEN ASIA 2835 1996 JAPAN CR 4X3.5 15.75MIO UNDISCLOSED OCEAN BEAUTY 28666 1997 JAPAN CR 4X3 17.2 MIO UNDISCLOSED SUNNY ROYAL 2847 2 JAPAN CR 4X3 19 MIO UNDISCLOSED POS AUCKLAND 28678 23 JAPAN CR 4X3 2.6 MIO GREEK POS BRAVE 28657 24 JAPAN CR 4X3 23 MIO GREEK INCE MARMARA 28352 28 JAPAN CR 4X3.5 25.5 MIO UNDISCLOSED COSTIS 29112 1984 JAPAN CR 4X25 5.7 MIO TURKISH(DELY FEAST)
5 NAME DWT BLT GEAR PRICE $ BUYER SHANHAIGUAN 3 298 211 CHINA 27 MIO PACIFIC BASIN, HKG SHANHAIGUAN 24 298 21 CHINA 27 MIO PACIFIC BASIN, HKG SHANHAIGUAN 27 298 21 CHINA CR 4X3 27 MIO PACIFIC BASIN, HKG SHANHAIGUAN 29 298 21 CHINA 27 MIO PACIFIC BASIN, HKG EASTWIND YATES 298 21 CHINA CR 4X3 27 MIO CANADIAN EASTWIND YORK 298 21 CHINA CR 4X3 27 MIO CANADIAN DARYA SUR 29891 1997 SINGAPORE CR 4X25 17 MIO GREEK UBC STAVANGER 31751 24 JAPAN CR 4X3 23.6 MIO SWISS PATENT 31818 24 JAPAN CR 4X3 * ENBLOC BSS PARAT 31829 23 JAPAN CR 4X31 * ENBLOC BSS PATRIARCH 31842 22 JAPAN CR 4X31 * ENBLOC BSS PADRE 3229 28 JAPAN CR 4X3 * ENBLOC BSS PALAWAN 3229 27 JAPAN CR 4X3 * ENBLOC BSS PAX 2347 29 JAPAN CR 4X3 16 BALTIC TRADING PATRIOT 31838 22 JAPAN CR 4X31 24.2 MIO GREEK(DELY 8/21) SJN INTREPID 43648 1994 JAPAN CR 4X3 18.4 MIO GREEK CAMEL 44747 1978 DENMARK CR 3X25 3.6 MIO UNDISCLOSED ZSQ STAR 4547 1986 BRAZIL CR 3X25 7.5 MIO MIDDLE EASTERN ARISTEA M 45584 1997 S.KOREA CR 4X3 21.7 MIO UNDISCLOSED MATHIOS 46678 1996 JAPAN CR 4X31 2.3 MIO GREEK STELLAR MERMAID 48821 199 JAPAN CR 3X14.5 1.7 MIO CHINESE KEN GALLANT 48913 1999 JAPAN CR 4X25 22.95 MIO FAREASTERN THIA MATINA 5258 1993 UKRAINE CR 4X3 13.5 MIO UNDISCLOSED BORAK 531 29 CHINA CR 4X35 35 MIO BALTIC TRADING, GR SINOVA 531 29 CHINA 35 MIO BALTIC TRADING, GR SPICE 531 29 CHINA 35 MIO BALTIC TRADING, GR INTA 531 29 CHINA CR 4X35 35 MIO BALTIC TRADING, GR YANGZHOU DAYANG DY329 5797 211 CHINA 32.5 MIO SPAR SHIPPING, NO GLORY GUANGZHOU 64975 1985 JAPAN GLESS 12 MIO UNDISCLOSED TRANSGIANT 71665 1993 JAPAN 23 MIO UNDISCLOSED MAKIKI 7349 1997 S.KOREA 27 MIO UNDISCLOSED CATRIENA 79829 1998 JAPAN 27.5 MIO CHINESE BAHIA BLANCA 7443 1998 JAPAN 27.8 MIO CHINESE F.D. CRIS DE ANGELIS 7448 27 CHINA 38 MIO UN/ (3Y TC $2225) PEARL SEAS 74483 26 CHINA 38 MIO MERCATOR, INDIA ARABELLA 75563 21 JAPAN 33.75 MIO FIVE STARS, INDIA
$/Day $/Day 6 NAME DWT BLT GEAR PRICE $ BUYER BELO HORIZONTE 7681 24 JAPAN * ENBLOC BSS (TC 9.4K TILL 6/11) BAHIA 7681 24 JAPAN * ENBLOC BSS (TC 11K TILL 3/11) BETIS 7681 24 JAPAN 99 MIO FIVE STAR, CHINA(TC 9.3K TILL 9/11) AFRICANA 75592 22 JAPAN 33 MIO CLIENTS OF FIVE STARS, INDIA PHILIPPINE EXPRESS 8259 28 JAPAN * ENBLOC BSS PERUVIAN EXPRESS 82655 27 JAPAN 88 MIO UNDISCLOSED(TC AT $ 21KPD) FORWARD BRIDGE 15162 1998 S.KOREA 25 MIO VIETNAMESE DURA 15496 1981 JAPAN 7.5 MIO CHINESE HEBEI EAGLE 1763 1985 S.KOREA 12 MIO CHINESE CHINA VENTURE 175 25 CHINA 54.5MIO CHINESE(ON TC AT $ 22K TILL 211) MINERAL CAPEASIA 175 25 CHINA 54.5MIO CHINESE(ON TC TILL 2/211) CAPE VENTURE 18 21 S.KOREA 54.5MIO CHINESE(ON TC AT $ 22K TILL 211) SEA VICTORY 1831 24 JAPAN 61 MIO CHINESE (DELY 3Q 21) NORD-ENERGY 1831 24 JAPAN 6 MIO CHINESE Spot Market - Bulkers CAPESIZE PANAMAX HANDYMAX 8 7 6 5 4 3 2 1 27132 2575 19344 Mar-9 May-9 Jul-9 Sep-9 Nov-9 Jan-1 Mar-1 Period Market - Bulkers 1 Year T/C CAPESIZE PANAMAX HANDYMAX 5 45 4 35 3 25 2 15 1 5 355 4 275 1825 Mar-9 May-9 Jul-9 Sep-9 Nov-9 Jan-1 Mar-1 TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER LONG XUYEN 6929 199 JAPAN D 4X15 2.5 MIO VIETNAMESE CHIYUU 8977 1995 JAPAN 5.8 MIO CHINESE FAREAST 15175 1982 G.BRITAIN D 1X3, D6X1,D4X5 114 1.5 MIO VIETNAMESE THOR SEA 16226 1986 SPAIN CR 4X12.5 519 2.6 MIO SYRIAN
7 CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER ERKUT A 775 1985 SPAIN CR 2X36 54 1.4 MIO TURKISH GRAND OCEAN 8888 1998 JAPAN CR 2X36 56 6.85 MIO PDZ, MALAYSIA TROPIC ATLANTIC 1372 23 CHINA CR 2X45 1118 12.75MIO UNDISCLOSED TS NAGOYA 13823 25 CHINA CR 2X45 1118 13 MIO UNDISCLOSED AKRAFELL 12184 1993 DENMARK CR 2X4 1139 * ENBLOC BSS HVASSAFELL 12216 1993 DENMARK CR 2X4 1139 8.8 MIO TURKISH CR 2X4, CR 1X3 1613 7.5 MIO SINGAPOREAN EAGLE I 24372 1995 JAPAN OCEANLADY 23679 24 CHINA CR 2X45 174 16 MIO UNDISCLOSED LAUSANNE 39384 23 S.KOREA GLESS 2824 24.4 MIO KMTC MSC BOSTON 4451 1993 GERMANY 3469 * ENBLOC BSS MARITIM KIEL 44585 1994 GERMANY 3469 17 MIO CHINESE CMA CGM DEBUSSY 8251 21 S.KOREA 6627 35 MIO GREEK TC 3+2 YRS AT $ 25K CMA CGM BIZET 8238 21 S.KOREA 6627 35 MIO GREEK TC 3+2 YRS AT $ 25K CMA CGM RAVEL 79465 21 S.KOREA 6712 35 MIO GREEK TC 3+2 YRS AT $ 25K ROPAX/RORO SALES NAME DWT BLT LANE MT PAX PRICE $ BUYER TAURINE (RORO) 7628 1977 GERMANY 131 lm 12 2.17 MIO TURKISH RANINE (RORO) 7635 1978 GERMANY 152 lm 12 2.17 MIO TURKISH BOHEME (PCC) 67264 1999 S.KOREA 7194 cars 5 MIO SINGAPOREAN VIIRE (ROPAX) 411 1988 GERMANY 7 lm 33 3 MIO CYPRIOT REEFER SALES NAME DWT BLT GEAR CBF CAP PRICE $ BUYERS GALAXY HARVEST 88 1988 JAPAN D 8X5 436352 * ENBLOC BSS GLORIOUS HARVEST 883 1989 JAPAN D 8X5 414845 * ENBLOC BSS SOUTHERN HARVEST 8167 199 JAPAN D 8X5 439918 12.9 MIO GREEK
$m $m 8 New building Market and Reported Contracts Tanker Prices VLCC Suezmax 18 Aframax 16 146 MR 14 161 12 97.5 1 12 97 73 8 63 62.5 79 6 63.5 5 51 4 2 51 41.5 37 33.5 May-8 Sep-8 Jan-9 May-9 Sep-9 Jan-1 12 1 8 6 4 2 Bulker Prices Capesize Panamax Handymax Handysize 92 52 71 57 37 34.5 46 34.5 3.5 38 27 25.5 May-8 Sep-8 Jan-9 May-9 Sep-9 Jan-1 56 3.3 34 25.3 Dry Bulk Orderbook Ship Type 21 (deliv) 21 211 212 213 214 215+ Total VLOC 6 22 45 41 5 113 Capesize 34 214 17 81 18 3 1 487 Small Cape 16 117 135 43 11 36 Panamax 17 169 197 12 45 7 538 Supramax 49 38 39 11 24 823 Handys 41 31 235 91 23 2 661 Total 13 1212 191 486 126 12 1 2928 Tanker Orderbook Ship Type 21 (deliv) 21 211 212 213 214 215+ Total ULCC/VLCC 13 55 83 45 9 4 196 Suezmax 13 43 55 27 8 133 Aframax 16 83 79 21 3 2 188 Panamax 7 28 42 13 5 2 9 MR 33 136 114 55 4 39 Handy 4 39 29 12 8 Total 86 384 42 173 29 8 996 LPG Tank Orderbook Ship Type 21 (deliv) 21 211 212 213 214+ Total VLGC 3 6 3 1 3 3 16 LGC MR 1 5 4 1 1 Handy 14 6 2 22 Small 7 53 22 6 1 1 83 Total 11 78 35 1 4 4 131
m. dwt m. dwt No. of Vessels m. dwt 9 Newbuilding Sales 1 931 9 8 7 6 5 398 4 3 2 179 191 1 8 Tankers >1, dwt Bulkers >1, dwt Containerships 99 7 31 3 28 29 Mar-1 Delivery Schedule Bulkers >1, dwt. Tankers >1, dwt 14 118.6 12 1.1 1 8 67.7 56 56 6 4 18.5 2 Mar-1 211 212+ Tanker Newbuildings on Order VLCC Suezmax 7 6 5 4 3 2 1 Aframax Panamax Products 61.1 24.9 21.4 17 6 1/3/21 Bulker Newbuildings on Order Capesize Panamax Handymax Handysize 16 147.5 14 12 1 65.3 8 46.1 6 27.5 4 2 1/3/21 Newbuilding Historical Prices ($m) Tankers 21 29 28 27 26 25 24 23 21 1995 199 1988 1985 31, DWT* 97 97.5 15 145 13 12 18 77.1 69.9 85.3 87.4 7.1 **38.2 17, DWT* 62.5 61 9 9 8 71.5 71 51.4 46.3 54 66.1 44.8 **28.2 11, DWT* 51 49.5 74 72 65.5 58 6 41.4 36.3 43.3 53.2 47, DWT* 33.5 35 46.5 52 47 43 39 31.4 26.2 33.2 *32.1 *25.2 *13.3 Bulkers 18, DWT* 56 55.5 87 96 67 58.5 64.5 48.2 35.8 42.3 6.2 42.1 29.3 73, DWT* 34 34.5 45.5 54 39.5 36 37 27.1 2.3 27.9 3 25.1 13.4 45, DWT 3.3 29 41 47.5 37 31 3 24.1 18.4 24.1 25.3 23.1 12.4 29, DWT 25.3 24.5 31 34 27.5 25.5 24 18.1 14.2 19.2 21.3 18.4 9.7 **35. 2 **18.1 * Before 21 sizes to read 28, - 14, - 95, - 4, respectively for tankers and 15, - 69, for Bulkers (note: above is for vessels built Japan / Korea, you should also consider US$ / Yen relation for the years mentioned)
1 The Shipbuilding Market TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES Bulk 34 Seko Hvy Ind. 211 Carsten Rehder Option Bulk 34 Seko Hvy Ind. 211 Carsten Rehder Option Bulk 82 Sungdong S.B. 211 35MIO Transocean Maritime Bulk 82 Sungdong S.B. 212 35MIO Transocean Maritime Tanker 56 I.H.I 211 DST Shipping Inc MPP 66 Qingdao Heshun 211 Unknown Products 61 Volgograd S.Y. 211 Palmali Shipping Products 61 Volgograd S.Y. 211 Palmali Shipping Products 61 Volgograd S.Y. 211 Palmali Shipping Products 61 Volgograd S.Y. 212 Palmali Shipping Products 61 Volgograd S.Y. 212 Palmali Shipping Products 61 Volgograd S.Y. 212 Palmali Shipping Products 61 Volgograd S.Y. 212 Palmali Shipping Products 61 Volgograd S.Y. 212 Palmali Shipping Products 61 Volgograd S.Y. 212 Palmali Shipping Products 61 Volgograd S.Y. 213 Palmali Shipping Bulk 52 Oshima S.B. Co. 212 NYK Global Bulk Bulk 32 Hakodate Dock 213 NYK Global Bulk Bulk 32 Hakodate Dock 213 NYK Global Bulk Bulk 18 Sungdong S.B. Dec-11 Nisshin Shpg. Co. Ltd. Bulk 18 Sungdong S.B. Dec-11 Nisshin Shpg. Co. Ltd. Option Bulk 92 Sungdong S.B. Jan-12 Nisshin Shpg. Co. Ltd. Bulk 82 SPP Plant & S/B Dec-11 Laurus S.A Bulk 82 SPP Plant & S/B Mar-21 Laurus S.A Bulk 82 Hyundai Mipo Oct-11 36.25MIO Clemko Shipmngt Bulk 82 Hyundai Mipo Feb-12 36.25MIO Clemko Shipmngt Bulk 82 Hyundai Mipo 212 36.25MIO Clemko Shipmngt Option Bulk 82 Hyundai Mipo 212 36.25MIO Clemko Shipmngt Option Bulk 81 Guangzhou Longxue Dec-11 34.5MIO Unknown Chinese Bulk 81 Guangzhou Longxue Dec-11 34.5MIO Unknown Chinese Tanker 158 Samsung H.I. 212 67.4MIO Stena Bulk AB Tanker 158 Samsung H.I. May-12 67.4MIO Stena Bulk AB Bulk 32 Zhong Chuan H.I. 211 Campbell Shipping Bulk 32 Zhong Chuan H.I. 211 Campbell Shipping Bulk 32 Zhong Chuan H.I. 212 Campbell Shipping Option Bulk 32 Zhong Chuan H.I. 212 Campbell Shipping Option Tanker 158 Samsung H.I. 211 Target Marine S.A. Tanker 158 Samsung H.I. 211 Target Marine S.A. Bulk 34 Seko Hvy Ind. 211 Carsten Rehder Bulk 34 Seko Hvy Ind. 211 Carsten Rehder Bulk 82 Sungdong S.B. 211 Transocean Maritime Option Bulk 18 HHIC-Phil Inc. Dec-11 55MIO Henghou Industries Bulk 18 HHIC-Phil Inc. May-12 55MIO Henghou Industries Bulk 1 Ferus Smit Dec-11 Erik Thun AB Bulk 35 SPP Plant & S/B 212 28MIO Order Shipping Pass/Car F. 4 Bergen Fosen Mar-12 Fjord Line AS Pass/Car F. 4 Bergen Fosen Oct-12 Fjord Line AS Bulk 82 SPP Plant & S/B 212 36MIO Target Marine S.A. Bulk 82 SPP Plant & S/B 212 36MIO Target Marine S.A. Bulk 18 Beihai Shipyard 212 Centrans Ocean Bulk 18 Beihai Shipyard 212 Centrans Ocean Bulk 18 Beihai Shipyard 212 Centrans Ocean Bulk 18 Beihai Shipyard 212 Centrans Ocean Bulk 82 SPP Plant & S/B 212 Modion Maritime S.A. Cont 5 Purple Mountain SY Jan-11 Sinotrans Changjiang
11 TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES Cont 5 Purple Mountain SY Mar-11 Sinotrans Changjiang Cont 5 Purple Mountain SY May-11 Sinotrans Changjiang Bulk 18 Hanjin H.I. Sep-11 53.5MIO Star Bulk Carriers Tanker 158 Samsung H.I. Jan-12 Viken Shipping Tanker 158 Samsung H.I. May-12 Viken Shipping Bulk 57 STX Shipbuilding Sep-11 31MIO Dusung Shipping Co. Bulk 57 STX Shipbuilding Mar-12 31MIO Dusung Shipping Co. Bulk 57 STX Shipbuilding Mar-12 31MIO Dusung Shipping Co. Option Bulk 37 STX Dalian Jan-12 27MIO Unknown Korean Bulk 37 STX Dalian Apr-12 27MIO Unknown Korean Bulk 37 STX Dalian Jul-12 27MIO Unknown Korean Bulk 37 STX Dalian Oct-12 27MIO Unknown Korean AHTS STX Brattvaag Dec-11 Unknown AHTS STX Brattvaag Jun-12 Unknown AHTS STX Brattvaag Sep-12 Unknown Ore 26 Waigaoqiao S/Y May-12 68MIO OceanFreight Inc Ore 26 Waigaoqiao S/Y Oct-12 68MIO OceanFreight Inc Ore 26 Waigaoqiao S/Y Feb-13 68MIO OceanFreight Inc Bulk 82 Hyundai H.I. Mar-11 37.5MIO Orpheus Marine Bulk 82 Hyundai H.I. Jun-11 37.5MIO Orpheus Marine LPG 6 Sekwang H.I. Dec-11 Anthony Veder LPG 6 Sekwang H.I. Mar-12 Anthony Veder
Year 12 Demolition Market Demolition Prices Gen Cargo Tanker India USD 4 /lt Ldt USD 42/lt Ldt Bangladesh USD 42/lt Ldt USD 45/lt Ldt Pakistan USD 4/lt Ldt USD 42/ld Ldt China USD 35/lt Ldt USD 36/lt Ldt Demolition historical average prices $ 88 83 78 73 68 63 58 53 48 43 38 33 28 23 18 38 378 413 Tankers 27 28 29 21 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC $ 73 68 63 58 53 48 43 38 33 28 23 18 35 355 393 Bulkers 27 28 29 21 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 21 29 28 27 26 25 24 23 22 21 2 1999 1998 1997 1996 1995 1994 1993 1992 1991 199 1989 1988 1987 1986 1985 1984 1983 1982 1981 5 3.8 2.35 4.6 5.5 6.5 4.9 7.5 1 12 13.4 Total Demolition 14.5 15.6 15.5 18 18.9 16.7 15.9 22.4 25 25.6 27 26.9 28.9 28.5 28.4 27 28.65 5 1 15 2 25 3 35 4 Million dwt 3.5 38
13 India TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK LITTLE VANGUARD 1335 1968 318 375 BULK KEREM HANTAL 651 1969 29 362 BULK MICRO 16436 1978 4594 38 BULK SANG THAI LUMBER 7417 1974 2317 285 BULK KHALED MUHIEDDINE 17661 1977 4729 38 BULK JS MATTU 731 1986 224 392 BULK ALEXANDER K 3353 1978 828 37 CONT MSC CALCUTTA 187 1979 9842 387 CONT ZULKA-1 5232 1983 278 326 CONT MSC TOBA 53765 1982 18558 425 TWEEN ATLANTIC JOY 8478 1978 2919 352 TWEEN SAN SEBASTIAN 14935 1974 3891 432 TWEEN RADNOR 1497 1975 3855 392 REEF KURSKA 7496 1983 779 PNC RORO VANS QUEEN 7893 1978 5432 356 RORO SIREN 215 1976 7829 385 RORO AMANDA I 1443 1978 711 369 RORO ATLAS I 416 1972 254 37 TANK KALIOPE 1534 1995 6964 357 TANK NEW SETOKAZE 18566 1983 5727 45 Incl 5T StSt TANK CELFIN 693 1982 2521 39 TANK SARINAZ 3488 1974 137 675 Incl 2mt StSt TANK BOW POWER 45655 1987 4 TANK OCEAN SKILL 127778 1983 21464 373 ASIS SPORE TANK SPIRIT 2316 1982 748 77 Incl 127t St. St. TANK MONT ACE 2735 1986 779 41 TANK BOW FIGHTER 351 1982 9344 57 Incl 6T St.St. GAS BARNES BRIDGE 16225 1982 6793 51 Incl 4t NICKEL ROB Pakistan TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK GENI 3 126 1975 3147 41 ASIS AJMAN TWEEN ALEKO KONSTANTINO 16562 1985 6595 422 CONT STOYKO PEEV 1147 1985 5385 422 CONT STANKO STAIKOV 1147 1983 5385 422 CONT NESSEBAR 1588 1989 582 422 CONT PIONER 1442 199 5867 422 TANK EVAN 1 2981 1984 888 39 TANK BATOVA 5848 1987 324 422 TANK PANEGA 5848 1986 324 422 TANK PREMVATI 15896 1986 1782 41 China TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK SPAROS 57211 1983 175 384 TWEEN TARPON SANTIAGO 17679 1978 565 36 INCL 1T ROB CONT PRIMORYE MARU 82 1977 3685 326 CONT TOWER BRIDGE 34245 1985 1314 36 REEF KAO SHEN NO.6 618 1975 3573 34 TANK LIEUTENANT ARUN KHETARPAL PVC 45473 1985 1238 376
14 Bangladesh TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK HOLY LIGHT 3768 1977 7641 426 CONT BELLA 1 37212 1983 15511 438 ASIS PHILIPPINES TWEEN PEYO YAVOROV 1514 1984 6595 38 TWEEN KATHARINA 18234 1982 82 425 TANK SIEMPRE ADORADO 48225 1985 41 TANK PUNITA 51287 1984 11268 385 TANK KAMEE 6731 1984 237 45 TANK ENERGY 64972 1983 1425 4 TANK MY JULIETTA 63953 1984 1289 451 TANK THERESA II 12985 1982 3539 395 TANK HESNES 68157 199 1635 465 ASIS SPORE TANK OPAL 41245 1983 9756 439 TANK PREMVATI 15896 1986 1782 41 TANK AL FARABI 43851 1986 12348 47 Incl 13t St.St. TANK CE PACIFIC 115592 1988 15719 475 ASIS FUJAIRAH TANK MODEC VENTURE 1 131664 1975 24 341 TANK FRONT VOYAGER 155127 1992 2858 417 ASIS SPORE TANK KEFRE 6525 1984 216 515 TANK NICHIRYU 24937 1991 31119 395 TANK OCEAN SKILL 127778 1983 21464 373 ASIS SPORE TANK HIDA MARU 254344 1976 37216 42 ASIS SPORE TANK AEGIALI 25461 1987 34858 428 TANK GOLDEN RIVER 28497 1991 326 418 ASIS SPORE TANK AL AWDAH 284533 1991 2325 365 Other TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS RORO GLOBAL PROSPERITY 19669 1977 1713 42 ASIS KANDLA RORO ISLA DE BOTAFOC 1829 198 6849 24 ASIS SPAIN RORO MORNING SAPPHIRE 13684 1985 1369 325
$/Barrel 15 Market Indicators Currencies USD-EURO USD-YEN 1.8 115 1.6 11 1.4 1.2 15 1. 1.8 95.6.4 9.2 85. 8 1/4/9 1/6/9 1/8/9 1/1/9 1/12/9 1/2/1 1/4/1 1 Brent Oil 8 6 4 2 1/4/9 1/6/9 1/8/9 1/1/9 1/12/9 1/2/1 1/4/1 USD EUR GBP JPY CHF CAD AUD USD 1.749.6592 93.7 1.577 1.166 1.929 EUR 1.3498 1.891 125.635 1.428 1.3721 1.475 GBP 1.5166 1.1238 1 141.175 1.642 1.5417 1.657 JPY.17.8.71 1 1.1379.19.118 CHF.945.73.6232 88.5 1.9612 1.332 CAD.9827.728.6487 91.59 1.499 1 1.742 AUD.9149.678.635 85.165.9679.93 1 * Values 31/3/21
16 Stock Watch NAME TICKER THIS MONTH* LAST MONTH CHANGE % 52w HIGH 52w LOW Aries Maritime RAMS.68.84-19 1.38.36 Capital Product Partners CPLP 8.53 8.68-1.7 11.49 6.36 Diana Shipping DSX 15.13 14.6 3.6 19 11.34 Dryships DRYS 5.91 5.57 6.1 11.48 4.35 Eagle Bulk EGLE 5.44 5.84-6.8 9.42 4 Euroseas ESEA 3.81 3.95-3.5 6.31 3.53 Excel Martime EXM 6.22 6.39-2.7 11.7 4.45 Freeseas FREE 1.27 1.29-1.6 3.55 1.11 Genco Shipping&Trading GNK 22.86 22.92 -.3 29.89 11.75 General Maritime GMR 7.35 7.27 1.1 12.66 6.64 Goldenport GPRT 99.25 12-2.7 147 96 Navios NM 6.44 6.5 -.9 7.28 2.18 Oceanfreight OCNF.762.84-9.3 2.1.7 Omega Navigation ONAV 2.95 2.9 1.7 6.38 2.63 Paragon PRGN 4.63 4.72-1.9 6.24 3 Safe Bulkers SB 7.88 8.25-4.5 9.64 3.8 Star Bulk SBLK 2.94 2.86 2.8 5.45 2.16 Stealthgas GASS 4.99 4.75 5.1 7.64 4.5 TEN TNP 24.6 15.22 58.1 25 1.5 TOP Ships TOPS 1.1 1.8 1.9 3.88.91 * 31/3/1 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, Athenian Shipbrokers S.A.