Monday, May 14, Week 20 The Week at a Glance

Size: px

Start display at page:

Download "Monday, May 14, Week 20 The Week at a Glance"

Sharyl Byrd
6 years ago
Views:

Monday, May 14, 212 - Week 2 The Week at a Glance 'Blue and white or black and white?' Greece is again at the forefront due to the political instability after the recent elections.

In oil, Saudi Arabia appears to be happy with a price per barrel close to USD 1 and expects demand to pick up in the second half of 212.

1 Monday, May 14, Week 2 The Week at a Glance 'Blue and white or black and white?' Greece is again at the forefront due to the political instability after the recent elections. Dollar is gaining against the euro pushing commodity prices south. In oil, Saudi Arabia appears to be happy with a price per barrel close to USD 1 and expects demand to pick up in the second half of 212. Needless to say that keeping oil prices above USD 1 per barrel is pretty much putting global economy in disarray. In agri news, corn prices are expected to drop during as the output for these years seems to soar by almost 13%! Baltic Dry Indices* Last Fridays Closing Weekly Difference Baltic Dry Index Baltic Cape index Baltic Panamax Index Baltic Supramax Index Baltic HandySize Index Newbuilding Prices 2/212 3/212 4/212 5/212 VLCC 3, $97 $97 $97 $97 SUEZMAX 15, $59 $59 $59 $59 AFRAMAX 113, $49 $49 $49 $49 PANAMAX 72, $43 $43 $43 $43 PRODUCT 47, $34 $34 $34 $34 Greek Listed Companies Last Fridays Closing Weekly Difference NYSE 7815,88-299,76 NASDAQ 2933,82-22,52 Dry Ships 2,57 -,34 CAPESIZE 175, KAMSARMAX 81, SUPRAMAX 5, HANDYSIZE XS 28, $47 $47 $47 $47 $31 $31 $31 $31 $27 $27 $27 $27 $22 $22 $22 $22 Brent Prices Navios 3,35 -,28 Excel 1,42 -,14 Diana 7,6 -,2 Top Ships 1,76 -,9 TEN 5,69 -,33 Stealth Gas 6,2 -,28 Capital Product Partners 7,89 -,7 Euroseas 1,45 -,39 Danaos 4,23,5 Costamare 14,29,2 Currencies* Last Fridays Closing Weekly Difference EURO/USD 1, ,2 USD/JPY 79,945,7 USD/CNY 6,3113,2 *The above tables show last Friday's closing including the weekly balance. ISO Certified by Germanischer Lloyd Copyright by Allied Shipbroking Inc

2 Secondhand Sales Dry SIZE INDEX W-O-W CHANGE AVG T/C RATES W-O-W CHANGE TREND BDI CAPESIZE FIRMER PANAMAX WEAKER SUPRAMAX STEADY HANDYSIZE STEADY Bulk Carrier Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment GLOBAL EXPLORER JAPAN 4 X 3,5t CRANES Mitsubishi USD APOLLO JAPAN 4 X 3t CRANES B&W USD SANKO RALLY JAPAN 4 X 3t CRANES B&W 8.8. USD SELARAS JAPAN 4 X 25t CRANES MAN-B&W 8.. USD SERASIH JAPAN 4 X 25t CRANES Sulzer USD MASTRO GIORGIS II EASTERN QUEEN SOLD TO UNDISCLOSED BUYERS WITH 3 YRS T/C AT USD 785/DAY. SOLD TO UNDISCLOSED BUYERS AT REGION USD MILL. SOLD TO BANGLADESH BASED BUYERS SOLD EN BLOC WITH "SERASIH 2" TO UNDISCLOSED BUYERS - USD 2.5. EN BLOC SOLD EN BLOC WITH "SELARAS" TO UNDISCLOSED BUYERS - USD 2.5. EN BLOC UKRAINE 4 X 3t CRANES B&W 7.2. USD SOLD TO INDIAN BUYERS KOREA, SOUTH - B&W 9.8. USD SOLD TO CHINESE BUYERS RUBY CREST KOREA, SOUTH - B&W USD SOLD TO CHINESE BUYERS CAPE ORCHID JAPAN - B&W 25.. USD Container Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment SOLD TO JAPANESE BUYERS INCLUDING 3 YEARS BARE BOAT BACK TO SELLERS ID ASIA POLAND X 4t CRANES B&W USD SOLD TO UNDISCLOSED BUYERS IPANEMA JAPAN 1613 IKARUGA JAPAN 1613 BUNGA TERATAI TIGA BUNGA TERATAI EMPAT 2 X 4t CRANES, 1 X 3t CRANES 2 X 4t CRANES, 1 X 3t CRANES Mitsubishi Mitsubishi 4.8. USD 4.8. USD KOREA, SOUTH B&W 6.8. USD KOREA, SOUTH B&W 6.8. USD BLACK EAGLE FRANCE X 4t CRANES, 2 X 1t CRANES SOLD EN BLOC WITH "IKARUGA" TO SINGAPORE BASED BUYERS (SEACHANGE) - REGION USD 9.6. EN BLOC SOLD EN BLOC WITH "IPANEMA" TO SINGAPORE BASED BUYERS (SEACHANGE) - REGION USD 9.6. EN BLOC SOLD EN BLOC WITH "BUNGA TERATAI EMPAT" TO SINGAPORE BASED BUYERS (SEA CONSORTIUM) - REGION USD EN BLOC SOLD EN BLOC WITH "BUNGA TERATAI TIGA" TO SINGAPORE BASED BUYERS (SEA CONSORTIUM) - REGION USD EN BLOC Sulzer 5.. USD SOLD TO USA BASED BUYERS 2

3 Wet SIZE INDEX W-O-W CHANGE BDTI 76-3 BCTI SIZE AVG SPOT EARNINGS W-O-W CHANGE AVG T/C RATES BSS 1 YR TREND VLCC $ 35, % 23. FIRMER SUEZMAX $ 26, % 17. FIRMER AFRAMAX $ 14,578. 3% STEADY CLEAN MR $ 5,393. 7% STEADY Tanker Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment ARO FOREST (Zinc Coated, IMO III) TRANS SCANDIC (St. Steel, IMO II) BUNGA KELANA DUA KOREA, SOUTH Y N MAN-B&W - SOLD TO UNDISCLOSED BUYERS ON PRIVATE TERMS GERMANY Y Y Normo USD SOLD TO UNDISCLOSED BUYERS KOREA, SOUTH Y Y MAN-B&W USD SOLD TO GREEK BUYERS (POLEMBROS) 3

4 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 Baltic Dry Index /5/85 1/11/85 1/5/86 1/11/86 1/5/87 1/11/87 1/5/88 1/11/88 1/5/89 1/11/89 1/5/9 1/11/9 1/5/91 1/11/91 1/5/92 1/11/92 1/5/93 1/11/93 1/5/94 1/11/94 1/5/95 1/11/95 1/5/96 1/11/96 1/5/97 1/11/97 1/5/98 1/11/98 1/5/99 1/11/99 1/5/ 1/11/ 1/5/1 1/11/1 1/5/2 1/11/2 1/5/3 1/11/3 1/5/4 1/11/4 1/5/5 1/11/5 1/5/6 1/11/6 1/5/7 1/11/7 1/5/8 1/11/8 1/5/9 1/11/9 1/5/1 1/11/1 1/5/11 1/11/11 1/5/12 1/11/12 Baltic CapeSize Index \8\ 1\11\ 1\2\1 1\5\1 1\8\1 1\11\1 1\2\2 1\5\2 1\8\2 1\11\2 1\2\3 1\5\3 1\8\3 1\11\3 1\2\4 1\5\4 1\8\4 1\11\4 1\2\5 1\5\5 1\8\5 1\11\5 1\2\6 1\5\6 1\8\6 1\11\6 1\2\7 1\5\7 1\8\7 1\11\7 1\2\8 1\5\8 1\8\8 1\11\8 1\2\9 1\5\9 1\8\9 1\11\9 1\2\1 1\5\1 1\8\1 1\11\1 1\2\11 1\5\11 1\8\11 1\11\11 1\2\12 1\5\12 1\8\12 Baltic Panamax Index \8\ 1\11\ 1\2\1 1\5\1 1\8\1 1\11\1 1\2\2 1\5\2 1\8\2 1\11\2 1\2\3 1\5\3 1\8\3 1\11\3 1\2\4 1\5\4 1\8\4 1\11\4 1\2\5 1\5\5 1\8\5 1\11\5 1\2\6 1\5\6 1\8\6 1\11\6 1\2\7 1\5\7 1\8\7 1\11\7 1\2\8 1\5\8 1\8\8 1\11\8 1\2\9 1\5\9 1\8\9 1\11\9 1\2\1 1\5\1 1\8\1 1\11\1 1\2\11 1\5\11 1\8\11 1\11\11 1\2\12 1\5\12 1\8\12 Baltic Supramax - HandySize Index \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 1\2\11 1\4\11 1\6\11 1\8\11 1\1\11 1\12\11 1\2\12 1\4\12 1\6\12 1\8\12 4

5 Secondhand Sales Statistics Current Secondhand Activity per / Size/ Invested Capital During 212 Secondhand Activity per / Size/ Invested Capital...during 21 A. Dry Size DWT Invested Capital DWT Invested Capital A. Dry $ B. Tanker $ Minibulk (up to 9, Handy (1, - 39, Handymax (4, - 59, Panamax (6, - 79, Capesize (8, $ $ $ $ $ C. Container $ D. Reefer $25.5. E. RoRo Cargo/ Ferry/ Passenger $ F. Miscellaneous $ Grand Total $ during 211 DWT Invested Capital A. Dry $ A. Dry Total $ B. Tanker $ C. Container $ D. Reefer $ B. Tanker 1. Minitank (up to 9, Product (1, - 59, Panamax (6, - 79, Aframax (8, - 119, Suezmax (12, - 199, VLCC (2, - 299, ULCC (3, $ $ $ $ $ $ E. RoRo Cargo/ Ferry/ Passenger $ F. Miscellaneous $ Grand Total $ Bulk Carriers Sales Per during % CAPESIZE 21 % PANAMAX 21 % HANDYMAX 32 % HANDY 18 % MINIBULK B. Tanker total $ C. Container Total $ D. Reefer Total Tankers Sales Per during % ULCC % VLCC 4 % SUEZMAX 1 % AFRAMAX 1 % PANAMAX 43 % PRODUCT 4 % MINITANK E. RoRo Cargo/ Ferry/ Passenger Total $ F. Miscellaneou s Total Grand Total $

6 Invested Capital in Secondhand per month as of January 211 Year Month Invested Capital Total Total April-211 $ May-211 $ June-211 $ July-211 $ January-211 $ February- 211 $ March-211 $ August-211 $ September- 211 $ October-211 $ November- 211 $ December- 211 $ $ January-212 $ February- 212 $ March-212 $ April-212 $ May-212 $ $ Dry - Buyers' Nationality Invested Capital Graph - Invested Capital in Secondhand per month as of January /211 2/211 3/211 4/211 5/211 6/211 Invested Capital Per Month 7/211 8/211 9/211 Months Total Capital 1/211 11/211 12/211 No Of Buyers Nationality during Top 1 ( vessels per sector) 1/212 2/212 3/212 4/212 5/ Vesels 27 % OTHER 2 % GERMANY 2 % KOREA SOUTH 1 % USA 5 % SYRIA 2 % UNITED KINGDOM 2 % INDONESIA 2 % SINGAPORE 16 % CHINA PEOPLE'S REPUBLIC OF 17 % GREECE 24 % UNKNOWN Wet - Buyers' Nationality 31 % OTHER % GERMANY 4 % KOREA SOUTH 6 % USA % SYRIA 7 % UNITED KINGDOM 5 % INDONESIA 7 % SINGAPORE 1 % CHINA PEOPLE'S REPUBLIC OF 17 % GREECE 22 % UNKNOWN Container - Buyers' Nationality 12 % OTHER 1 % GERMANY % KOREA SOUTH 2 % USA 2 % SYRIA % UNITED KINGDOM 12 % INDONESIA 8 % SINGAPORE 4 % CHINA PEOPLE'S REPUBLIC OF 22 % GREECE 27 % UNKNOWN B. Tanker C. Container D. Reefer Buyer's Country A. Dry Grand Total UNKNOWN GREECE CHINA, PEOPLE'S REPUBLIC OF SINGAPORE INDONESIA UNITED KINGDOM SYRIA USA KOREA, SOUTH GERMANY Other Grand Total Buyers Nationality during Top 1 (Invested Capital per sector) B. Tanker C. Container D. Reefer Buyer's Country A. Dry Grand Total GREECE UNKNOWN CHINA, PEOPLE'S REPUBLIC OF UNITED KINGDOM SINGAPORE USA KOREA, SOUTH INDONESIA GERMANY Other Grand Total

7 New Building Orders Bulk Carriers Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date BC 2 76, SHANHAIGUAN S/Y - SHENHUA ZHONGHAI 214 BC 5 76, JIANGNAN SY GROUP USD SHENHUA ZHONGHAI 213/214 BC 2 82, JINLING SHIPYARD USD 27.. SOLOI INC. 214 Tankers Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date PRODUCTS 4 1,35 SONG THU - DSM MARITIME 213 PRODUCTS 4 51, SPP USD CERES HELLENIC / JP MORGAN 213/214 PRODUCTS 2 11, DALIAN SHIPBUILDING USD 42.. SEATANKERS 213/214 PRODUCTS 2 115, DALIAN SHIPBUILDING USD 44.. FRONTLINE 213/214 TANKER 2 31, I.H.I USD 1.. JX GROUP 215 7

8 Demolition Sales Type Vessel's Name DWT Built Country LDT Price/ ldt Sale's Comment REEFER SILVER STOCKHOLM CHINA SOLD TO INDIA TANKER SEA LION GERMANY SOLD TO INDIA ON PRIVATE TERMS REEFER SUPREME HARVEST JAPAN SOLD TO INDIA ON PRIVATE TERMS GEN. CARGO YUAN TONG JAPAN SOLD TO INDIA ON PRIVATE TERMS BC EMINE BULGARIA SOLD TO PAKISTAN CORRECTED PRICE CONTAINER MSC FINLAND JAPAN SOLD TO INDIA TANKER BOW FERTILITY KOREA, SOUTH SOLD TO INDIA INCLUDING 22 TONS ST.STEEL TANKER BOW PRIDE KOREA, SOUTH SOLD TO INDIA INCLUDING 22 TONS ST.STEEL BC CAPE WARRIOR JAPAN SOLD TO CHINA BC GLORY FUZHOU CHINESE TAIPEI SOLD TO BANGLADESH BC GLORY RIZHAO KOREA, SOUTH SOLD TO BANGLADESH BC AMBER STAR JAPAN SOLD TO BANGLADESH BC STONEGATE JAPAN SODL TO CHINA 8

9 Demolition Statistics For 212 Current Demolition Activity per / Size A. Dry Size No Of DWT No Of DWT 1. Minibulk (up to 9, Handy (1, - 39, Handymax (4, - 59, Panamax (6, - 79, Capesize (8, A. Dry Total B. Tanker 1. Minitank (up to 9, Product (1, - 59, Panamax (6, - 79, Aframax (8, - 119, Suezmax (12, - 199, VLCC (2, - 299, ULCC (3, B. Tanker Total C. Container Total D. Reefer Total E. RoRo Cargo/ Ferry/ Passenger Total F. Miscellaneous Total Grand Total Please Note that dry trading combination carriers are included in the dry sector and wet trading ones in the tanker sector. 9

10 Country Demolition Activity by Country DWT DWT BANGLADESH CHINA, PEOPLE'S REPUBLIC OF EUROPE INDIA PAKISTAN SAUDI ARABIA TURKEY ' Average Age For Demolition A. Dry 3,7 31,5 3,6 B. Tanker 27 26,4 26,5 C. Container 29, ,7 D. Reefer 26,3 29,3 28,9 E. RoRo Cargo/ Ferry/ Passenger 32 31,5 29,3 F. Miscellaneous 34 33,7 32 U.A.E. (DUBAI) UKRAINE UNKNOWN USA Grand Total Demolition Activity By DWT Demolition of BCs by percentage for % Minibulk 52 % Handy 9 % Handymax 12 % Panamax 13 % Capesize 7.. Demolition Per Month dwt no of vessels Demolition of Tankers by percentage for % Minitank 41 % Product 4 % Panamax 17 % Aframax 4 % Suezmax 7 % VLCC 1 % ULCC /211 2/211 3/211 4/211 5/211 6/211 7/211 8/211 9/211 1/211 11/211 12/211 1/212 2/212 3/212 4/212 5/212 Months Sum of DWT V essels Year Dry Demolition activity since 21 DWT of Dry Tankers DWT of Tankers DWT

11 Contact Details GEORGE AERAKIS AOH: MOBILE: ILIAS BOLIS AOH: MOBILE: GEORGE DASKALAKIS AOH: MOBILE: STAVROS DRAKOGIANNOPOULOS AOH: MOBILE: SAKIS DRAKOGIANNOPOULOS AOH: MOBILE: NASSOS HATZIGEORGIOU AOH: MOBILE: GEORGE KANELLOPOULOS AOH: MOBILE: JOHN KOSTOYANNIS AOH: MOBILE: COSTAS KARADIMAS AOH: MOBILE: THEODOROS MOISSOGLOU AOH: MOBILE: THASSOS PAPOUIS AOH: MOBILE: TASSOS PROSSIOS AOH: MOBILE: JOHN STASSINAKIS AOH: MOBILE: EVAGELOS TOBALOGLOU AOH: MOBILE: COSTIS TSALPATOUROS AOH: MOBILE: PLUTON VARVAROS AOH: MOBILE: ALLIED SHIPBROKING INC. 48, Aigialeias Street, 4 th Floor, Maroussi , Greece Tel: Fax: / 19 snp@allied-shipbroking.gr ALLIED CHARTERING S.A. 48, Aigialeias Street, 4 th Floor, Maroussi , Greece Tel : Fax: drycargo@allied-chartering.gr s: tanker@allied-chartering.gr Visit 11

12 LEGAL DISCLAIMER This report has been produced on information collected from various sources and whilst every care has been taken in its preparation, it is presented for the sole and exclusive information of its recipients, in good faith and without any guarantee from our part. None of the information contained in this report has been independently verified by any member of ALLIED SHIPBROKING INC. Consequently no representation or warranty, express or implied, is made in respect of the accuracy of the information contained herein. Neither our company nor its directors or employees shall be in any way liable for any loss nor damage occurred to any party by the use of the information and/or the comments contained in this report. Furthermore, no responsibility is accepted in respect of any errors or inaccuracies which may be contained in this report. 12

Monthly Newbuilding Market Report

Monthly Newbuilding Market Report Issue: April 2016 Overview of Ordering Activity (per vessel type / Top Ranking of Contractors) page 1 Ordering Activity (No. of Units ordered, Dwt, Invested Capital) page