NILIMAR Ships Sale & Purchase

Transcription

1 MARKET REPORT WEEK 46 BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 14 TH NOVEMBER With Bird Flu reportedly having returned to the UK (not ideal just before Christmas), the shipping market in general remains on the sick list... The BDI went negative in all sectors last week, ending on Friday down by -12.5%. As we had suspected the BCI's reversal into negativity at the end of week 45 did indeed carry on into week 46 to the tune of -20%, duly marking the end of the recent 'short bull run' due to stockpiling in China brought on by cheaper coal and ore prices. As is usually the case, once the cape freight market falls a similar shadow falls over the BPI and indeed the panamaxes declined a further -8% last week on top of their -4% fall the week before. Meanwhile the BSI and BHSI also continued their lighter negative trends of the past 5 straight weeks, each last week weakening by just less than -1%. On the dry S+P side it appears quite a few recent negotiations managed to conclude last week judging by the decent number of sales reported across a wide range of size and age vessels. Greek buyers appear to have been the most active. We would suggest that the above reported freight market negativity (and the likelihood of more to come) has been the catalyst for buyers and sellers to more easily find common ground on values. On the wet side a steady trickle of tanker sales continue to conclude in both the crude and products sectors with values being either maintained or slightly enhanced relative to last done. The sub-continent recycling markets remain in some disarray due mainly to the unwelcome influence of cheap Chinese billets causing local steel prices to fall. Accordingly we see only limited demolition sales reported last week and they are generally at softer levels in the mid $400's. 1

2 OVERSEAS EQUATORIAL 273,539 01/1997 TANKERS HYUNDAI ULSAN, DH DH 22.00M GRENA KNUTSEN 148,553 12/2003 SAMSUNG, DH 45.00M CHINOOK MAIDEN 45,217 12/1996 MINAMI-NIPPON, JAPAN MONTENERO 40,157 01/2006 HYUNDAI MIPO, DH 17.30M CAPE BLANC 33,540 11/1998 ADMIRALTEYSKIY, RUSSIA SINGAPOREAN (RIMAU SHIPPING) SINGAPOREAN (RIMAU SHIPPING) DH 6.50M VIETNAMESE MONACO (SEAWORLD) DH 9.20M INDIAN METHANOL TANKER GAS CBM BALTIC TANKER INDICES BDTI13 BCTI13 BDTI14 BCTI14 Week 2

3 FIRST IBIS 208,038 01/2010 UNIVERSAL TSU, JAPAN BULKERS GEAR M MINERAL MANILA 179,842 09/2011 HHIC, PHILIPPINES M CASSIOPEIA BULKER 179,398 06/2011 HANJIN HEAVY, M FISKARDO 83,448 09/2010 SANOYAS, JAPAN M MARINA 75,122 04/2000 HITACHI, JAPAN GLESS 11.75M TETIEN TRADER 73,910 09/2001 NAMURA, JAPAN GLESS 12.50M CHINESE (SEACON) US BASED (CARVAL INVESTORS) (ALPHA TANKERS) (MAGNA) (SHELTON) (VERGOS MARINE) CHANG SHENG 73,427 05/1997 HYUNDAI HEAVY ULSAN, GLESS 7.00M OINOUSSIAN LION 71,662 11/1996 HITACHI, JAPAN GLESS 7.20M (SAMIOS SHIPPING) DIAMOND OCEAN 31,931 07/2007 HAKODATE, JAPAN CR 4X30T 14.10M UNDISCLOSED LAUREL ISLAND 28,556 02/2005 IMABARI, JAPAN CR 4X30T 10.50M UNDISCLOSED PACIFIC WIND 28,437 10/2007 SHIMANAMI, JAPAN CR 4X30T 13.00M HONG KONG BASED (PACIFIC BASIN) NIKI T 27,827 10/1997 HUDONG, CHINA CR 4X30T 4.70M FRENCH (CREDIT AGRICOLE) AT AUCTION IMPERIUS 26,566 03/1997 IMABARI, JAPAN CR 4X30T 6.80M ORIENTAL II 26,564 06/1985 KURUSHIMA, JAPAN CR 4X30T 3.10M UNDISCLOSED LILIAN 24,838 09/1999 SHIKOKU, JAPAN CR 4X30T 6.60M CHINESE PORTO MAINA 18,673 08/2008 YAMANISHI, JAPAN CR 3X30T 8.00M AT AUCTION BALTIC DRY INDICES 2014 BDI 13 BCI 13 BPI 13 BSI 13 BHSI 13 BDI 14 BCI 14 BPI 14 BSI 14 BHSI 14 Week 3

4 INDICATIVE REPORTED FIXTURES VESSEL S NAME RATE LOWLANDS 17,000$/DAY ,458 SERENITY APPRX $300K BB CAPE NORMANDY ,646 24,250$/DAY NAVIOS CENTAURUS ,472 12,500$/DAY IKAN BAWAL ,454 10,250$/DAY Q ARION ,188 14,500$/DAY NORD SIRIUS ,095 11,000$/DAY OINOUSSIAN LADY ,704 10,250$/DAY JIA TONG ,700 9,500$/DAY CHARTERERS CNR CTM NYK LOUIS DREYFOUS AQUAVITA GLENCORE HYUNDAI GLOVIS CNR DURATION 12/15 MONTHS 3/5 MONTHS 80/120 DAYS 3/5 MONTHS STAR OF NIPPON ,611 10,000$/DAY CNR 3/5 MONTHS BALTIC DRY INDICES BDI BCI BPI BSI BHSI PREVIOUS WEEK CURRENT WEEK + /

5 TWEEN / MPP / GENERAL CARGO ACACIA 7,069 12/1994 KANASASHI SHIMIZU, JAPAN GEAR DR 2X30T DR 2X25T 1.10M UNDISCLOSED AT AUCTION IN S. SANTA PAMINA 67,247 05/2005 VERRAZANO BRIDGE VINCENT THOMAS BRIDGE VANCOUVER BRIDGE 65,038 11/ ,023 01/ ,002 01/2005 ANTJE WULFF 39,216 03/2002 MAERSK NOTTINGHAM 34,300 01/2004 CONTAINER GEAR TEU HYUNDAI HEAVY, HYUNDAI HEAVY, HYUNDAI HEAVY, HYUNDAI HEAVY, GDANSKA GDYNIA, POLAND HYUNDAI HEAVY, GLESS 5, M GLESS 4, M GLESS 4, M GLESS 4, M (DIANA) S.N (SINOKOR) GLESS 2, M UNDISCLOSED CR 4X40T 2, M UNDISCLOSED INCL TC AT 9500$/DAY TILL MAR/MAY 2015 ENBLOC VESSEL S NAME REEF REEF. CAP/TY GEAR PCC/ RORO / PASS CARS /LM PAX 5

6 TYPE DEMOLITION INDIA LDT DEMOLITION PAKISTAN TYPE LDT BULK AGHIOS MAKARIOS 88, , DEMOLITION BANGLADESH TYPE LDT COMBO GLORY NANJING 169, , BULK FIRSTSEA 42, , DEMOLITION CHINA TYPE LDT BULK HEI BAO SHI 42, , DEMOLITION TURKEY TYPE LDT DEMOLITION MISC TYPE LDT BULK PHOENIX SUN 29, , AS IS QUEBEC, AT AUCTION 6

7 NEWBUILDINGS TYPE SIZE DELY UNITS OPT. LNG 173,400CBM 2017 DAEWOO M GREEN ENERGY 2 LNG-FSRU 170,000CBM H HYUNDAI HEAVY - HOEGH LNG 1 LPG 38,000CBM 2017 HYUNDAI MIPO 53.00M THENAMARIS 2 LPG/ETHYLENE 27,500CBM 2016 SINOPACIFIC OFFSHORE - EVERGAS 2 FERRY 150PAX + REMONTOWA TRUCKS SHIPBUILDING - PORT OF TALLINN 2 FERRY 150PAX + SEFINE TRUCKS SHIP - PORT OF TALLINN 2 ` MARKET RATES PREVIOUS WEEK CURRENT WEEK + / - BRENT GBP USD USD K WON USD YEN EURO USD 83,58 1, ,49 115,300 1, ,14-5,44 1,5629-0, ,93 116,030-0,56 0,73 1,2492 0,01 7