ATHENIAN SHIPBROKERS S.A.

Transcription

1 Sep-5 Jan-6 May-6 Sep-6 Jan-7 May-7 Sep-7 Jan-8 May-8 Sep-8 Jan-9 May-9 Sep-9 Jan-1 May-1 Sep-1 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep , Vas. Pavlou Str., GR , Voula, Athens, Greece Tel: Fax: Internet Mail: athenian(at)atheniansa(dot)gr M O N T H L Y R E P O R T Baltic Dry Index September 215 PRICES TANKERS ($ MIO) * Prices reflect Year s End 29* 21* 211* 212* 213* 214* Sep-15 VLCC 5Y VLCC 1Y SUEZMAX 5Y AFRAMAX 5Y AFRAMAX1Y PANAMAX5Y K 5Y D/H K 1Y D/H K 2Y PRICES BULKERS ($ MIO) * Prices reflect Year s End 29* 21* 211* 212* 213* 214* Sep-15 CAPESIZE 5Y CAPESIZE 1Y CAPESIZE 15Y CAPESIZE 2Y PANAMAX 5Y PANAMAX 1Y PANAMAX 15Y PANAMAX 2Y SUPRAMAX 5Y

2 Prices (USD Mio) Price (USD) Price (USD Mio) Price (USD) 2 S E C O N D H A N D S A L E S & C H A R T E R F I X T U R E T R E N D S 1. Monthly Tanker Market Trend 6 Monthly 1 Yr TC Rates 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 45K 5Y D/H 45K 1Y D/H PMAX 1 Yr T/C MR 1 Yr T/C 7. Monthly Bulk Carrier Market Trend 45 Monthly 1 Yr TC Rates CAPE 5Y CAPE 1Y CAPE 15Y PMAX 5Y PMAX 1Y PMAX 15Y SUPRA 5Y HMAX 5Y HMAX 1Y HMAX 15Y CAPE 1 Yr T/C SUPRA 1 Yr T/C PMAX 1 Yr T/C HMAX 1 Yr T/C

3 3 S E C O N D H A N D T O N N A G E M A R K E T 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 THIS MONTH - PREVIOUS MONTH THIS MONTH - PREVIOUS MONTH *Excluding demolition sales Sale and Purchase Market Ship Type Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Total BULK TANK GAS CONT TWEEN REEF RORO FERRY CRUISE Total

4 4 Baltic Clean Tanker - Yearly WEEK NO 215 Baltic Clean Tanker - Monthly /9/215 8/9/215 15/9/215 22/9/215 29/9/ Baltic Dirty Tanker - Yearly WEEK NO Baltic Dirty Tanker - Monthly /9/215 8/9/215 15/9/215 22/9/215 29/9/215 TANKER SALES NAME DWT BLT PRICE $ BUYER PETRO ASIA CHINA DH 4.8 MIO UNDISCLOSED (Via auction) CHEMICAL LIBRA CHINA DH 12 MIO UNDISCLOSED (Via auction) CHEMROAD VEGA JAPAN DH 16.3 MIO UNDISCLOSED (STST) MAERSK ELIZABETH CROATIA DH 13 MIO NIGERIAN STI HIGHLANDER KOREA DH 19.3 MIO UNDISCLOSED SINGLE KOREA DH 21.3 MIO ENBLOC BSS SILENT KOREA DH 21.3 MIO ENBLOC BSS SKY KOREA DH 21.3 MIO ENBLOC BSS STONE I KOREA DH 23.2 MIO ENBLOC BSS STEEL KOREA DH 23.2 MIO ENBLOC BSS STAR I KOREA DH 21.3 MIO ENBLOC BSS STYLE KOREA DH 23.2 MIO HAFNIA (Price Each) HYUNDAI MIPO KOREA DH 39 MIO UNDISCLOSED (Dely 1/16) NORD OPTIMISER JAPAN DH 21.1 MIO FAR EASTERN CENITO CHINA DH 27.5 MIO UNDISCLOSED (Ice 1A) POSILLIPO CHINA DH 27.5 MIO UNDISCLOSED (Ice 1A) GENMAR COMPATRIOT CHINA DH 22 MIO ENBLOC BSS GENMAR COMPANION CHINA DH 22 MIO US BASED (Price Each) ASTRO ANTARES KOREA DH 12.2 MIO BAKRI CORAL SEA KOREA DH 31 MIO INDONESIAN (For storage) VARADA LALIMA JAPAN DH 8.5 MIO GULF PETROCHEM (Via auction) ELIA JAPAN DH 35 MIO GREEK POWER D KOREA DH 45 MIO ENBLOC BSS ENERGY R KOREA DH 45 MIO UNDISCLOSED (Price Each)

5 $/Day $/Day 5 GAS SALES NAME DWT BLT CBM PRICE $ BUYER B GAS LANRICK GREAT BRITAIN MIO UNDISCLOSED Spot Market - Tankers VLCC SUEZMAX AFRAMAX Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 Period Market - Tankers 1 Year T/C VLCC SUEZMAX AFRAMAX Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15

6 6 Baltic Handysize /9/215 8/9/215 15/9/215 22/9/215 29/9/215 Baltic Supramax /9/215 8/9/215 15/9/215 22/9/215 29/9/215 Baltic Panamax /9/215 8/9/215 15/9/215 22/9/215 29/9/215 Baltic Capesize /9/215 8/9/215 15/9/215 22/9/215 29/9/215 BULKER SALES NAME DWT BLT GEAR PRICE $ BUYER OCEAN LEAP JAPAN D 2X25, CR 1X2 1.6 MIO INDONESIAN ALERT JAPAN CR 2X3 2.3 MIO ALL CARGO SIR ALBERT CHINA CR 3X3 2.3 MIO EGYPTIAN VAN ORCHID JAPAN CR 4X3 9.5 MIO UNDISCLOSED BREEZE ISLAND JAPAN CR 4X3 1.2 MIO GREEK LILJA BULKER JAPAN CR 4X3 6.5 MIO VIETNAMESE ECO VANGUARD JAPAN CR 4X3 6.2 MIO TAN BINH ORIENTE CREST JAPAN CR 4X3 6.9 MIO UNDISCLOSED EMILIE CHINA CR 3X MIO ENBLOC BSS HELOISE CHINA CR 3X MIO CANFORNAV (Price each. Bank controlled) KWELA JAPAN CR 4X3 6.8 MIO UNDISCLOSED BORAK KOREA CR 4X MIO UNDISCLOSED (DD ODue) DS COMMANDER JAPAN CR 4X MIO GREEK SIMON SCHULTE JAPAN CR 4X3 3.9 MIO UNDISCLOSED MARATHA JAPAN CR 4X3 3.8 MIO UNDISCLOSED PROVIDENCE TALENT JAPAN CR 4X3 3.9 MIO UNDISCLOSED AETOS JAPAN CR 4X3 5.5 MIO GREEK (Via auction) OCEAN CHIE JAPAN CR 4X3 7.5 MIO UNDISCLOSED LATMAR JAPAN CR 4X3 4 MIO TURKISH (Via auction, Survey ODue) SANTA FE JAPAN CR 4X MIO GREEK (SS Due) LAN HAI LIAN HE CHINA CR 4X3 8.9 MIO ENBLOC BSS LAN HAI YING XIN CHINA CR 4X3 9 MIO ENBLOC BSS

7 $/Day $/Day 7 LAN HAI QIAN JIN CHINA CR 4X3 9 MIO ENBLOC BSS LAN HAI YANG FAN CHINA CR 4X3 5.6 MIO ENBLOC BSS LAN HAI DONG FENG CHINA CR 4X3 5.6 MIO ENBLOC BSS LAN HAI XU RI CHINA GLESS 1 MIO ENBLOC BSS LAN HAI YANG GUANG CHINA GLESS 1 MIO ENBLOC BSS LAN HAI ZHAO YANG CHINA GLESS 1 MIO GREEK (Price Each) RUI LEE CHINA CR 4X MIO GREEK (Via auction) SKOMVAER CHINA CR 4X35 13 MIO GREEK TENNEI MARU CHINA CR 4X MIO FAR EASTERN NEWLEAD MARKELA JAPAN GLESS 3.2 MIO DUBAI BASED DAEBO TRADERQ JAPAN GLESS 7.5 MIO GREEK TORM ANHOLT JAPAN GLESS 9.1 MIO ENBLOC BSS TORM BONHOLM JAPAN GLESS 9.1 MIO GREEK (Price Each) FU MAY JAPAN GLESS 8 MIO UNDISCLOSED NEW AGILITY JAPAN GLESS 6.8 MIO S KOREAN UNITED JOURNEY JAPAN GLESS 18 MIO GREEK UNITED TRASURE JAPAN GLESS 15.8 MIO ZIHNI BULK INDIA JAPAN GLESS 17.6 MIO GREEK BAO ZHU HAI JAPAN GLESS 18.6 MIO WINNING Spot Market - Bulkers Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 CAPESIZE PANAMAX HANDYMAX Period Market - Bulkers 1 Year T/C Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Sep-15 CAPE PMAX HANDYMAX

8 8 CONTAINER SALES NAME DWT BLT GEAR TEU PRICE $ BUYER STAR JUPITER GERMANY GLESS MIO CONMAR JORK RANGER NETHERLANDS GLESS 83 5 MIO UNDISCLOSED EL TORO CHINA CR 2X MIO GERMAN (Incl TC til 2-4/16) CAPE FALSTER GERMANY GLESS MIO ENBLOC BSS CAPE FRASER GERMANY GLESS MIO GREEK (Price Each) ANNITA L GERMANY GLESS MIO FREEDOM SKY EVOLUTION JAPAN GLESS MIO FAR EASTERN ASIAN GYRO JAPAN GLESS MIO UNDISCLOSED PONENTE POLAND CR 3X MIO ENBLOC BSS PORTOFINO POLAND CR 3X MIO ATLANTICA (Price Each) E.R. MALMO KOREA GLESS MIO KOREAN LINTON KOREA GLESS MIO UNDISCLOSED MPP/TWEEN SALES NAME DWT BLT GEAR TEU PRICE $ BUYER COPERNICO BULGARIA CR 2X MIO MID EASTERN COMBO SALES NAME DWT BLT GEAR PRICE $ BUYER ELISABETH M KOREA CR 6X3 * ENBLOC BSS ABBY KOREA CR 6X3 * ENBLOC BSS ROSEY R KOREA CR 6X3 195 MIO GREEK (Ttl price)

9 $m $m 9 N E W B U I L D I N G M A R K E T A N D R E P O R T E D C O N T R A C TS Tanker Prices VLCC Suezmax Aframax MR Bulker Prices Capesize Panamax Handymax Handysize Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Ship Type Total Capesize Panamax Supra/Hmax Handies Total Ship Type Total ULCC/VLCC Suezmax Aframax Panamax MR+Small Total Ship Type Total VLGC LGC 2 2 MR Handy Small Total

10 m. dwt m. dwt No. of Vessels m. dwt 1 Newbuilding Sales Tankers >1, dwt Bulkers >1, dwt Containerships Sep Delivery Schedule Bulkers >1, dwt. Tankers >1, dwt Sep VLCC Aframax Products September 215 Tanker Newbuildings on Order Suezmax Panamax Bulker Newbuildings on Order Capesize Panamax Handymax Handysize September 215 Newbuilding Historical Prices ($m) Tankers Sep , DWT , DWT , DWT , DWT Bulkers 18, DWT , DWT , DWT , DWT Before 21 sizes to read 28, - 14, - 95, - 4, respectively for tankers and 15, - 69, for Bulkers 2 Single Hull 3 3, DWT (note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)

11 11 The Shipbuilding Market TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES Asp. & Bit. 75 CSC Qingshan SY 217 Xin Yuan Ocean Asp. & Bit. 75 CSC Qingshan SY 217 Xin Yuan Ocean Bulk 294 Uljanik Brod. 218 Algoma Central Corp. Bulk 294 Uljanik Brod. 218 Algoma Central Corp. Bulk 294 Uljanik Brod. 218 Algoma Central Corp. Bulk 34 Namura Shipbuilding Wisdom Marine Group Bulk 34 Namura Shipbuilding Wisdom Marine Group Container 23 Shanghai Waigaoqiao COSCON Container 23 Shanghai Waigaoqiao COSCON Container 23 Shanghai Waigaoqiao COSCON Container 225 Nantong COSCO KHI COSCON Container 225 Nantong COSCO KHI COSCON Container 225 Nantong COSCO KHI COSCON Container 225 Nantong COSCO KHI COSCON Container 225 Dalian COSCO KHI COSCON Container 225 Dalian COSCO KHI COSCON Container 23 Dalian Shipbuilding COSCON Container 23 Dalian Shipbuilding COSCON Container 15 Imabari SB Marugame 219 Shoei Kisen Kaisha Container 15 Imabari SB Marugame 218 Shoei Kisen Kaisha Container 15 Imabari SB Marugame 218 Shoei Kisen Kaisha Container 15 Hyundai Mipo Nam Sung Shipping Co. Container 15 Hyundai Mipo Nam Sung Shipping Co. L.N.G. 87 Kawasaki HI Sakaide 218 MOL & Chubu L.N.G. 95 MHI Nagasaki 218 MOL & Chubu L.N.G. 87 Kawasaki HI Sakaide 218 Trans Pacific Shpg L.N.G. 95 MHI Nagasaki 218 Trans Pacific Shpg L.P.G. 285 Hyundai Mipo 217 Unknown L.P.G. 285 Hyundai Mipo 217 Unknown L.P.G. 285 Hyundai Mipo 217 Unknown L.P.G. 285 Hyundai Mipo 217 Unknown L.P.G. 285 Hyundai Mipo 218 Unknown Option L.P.G. 285 Hyundai Mipo 218 Unknown Option L.P.G. 28 Hyundai HI 217 Unknown L.P.G. 51 Daewoo (DSME) 217 Unknown L.P.G. 51 Daewoo (DSME) 217 Unknown Livestock 137 Uljanik Brod. 217 Livestock Transport Ore 24 Imabari SB Saijo 218 Mitsui O.S.K. Lines Ore 24 Imabari SB Saijo 218 Mitsui O.S.K. Lines Ore 24 Imabari SB Saijo 218 Mitsui O.S.K. Lines Ore 24 Imabari SB Saijo 218 Nippon Yusen Kaisha Ore 24 Imabari SB Saijo 219 Nippon Yusen Kaisha Ore 25 Namura Shipbuilding 218 K-Line Ore 25 Namura Shipbuilding 218 K-Line Ore 25 Namura Shipbuilding 218 NS United KK Ore 25 Namura Shipbuilding 219 NS United KK Pass/Car F. Taizhou Kouan SB 216 Guangdong Shuangtai Pass/Car F. Taizhou Kouan SB 216 Guangdong Shuangtai PCC 28 Hyundai Mipo Cido Shipping PCC 28 Hyundai Mipo Cido Shipping PCC 28 Hyundai Mipo Cido Shipping PCC 3 Hyundai Mipo Unknown PCC 3 Hyundai Mipo Unknown PCC 3 Hyundai Mipo Unknown Option PCC 3 Hyundai Mipo Unknown Option Products 74 Hyundai Mipo 218 Sinokor Merchant Products 74 Hyundai Mipo 218 Sinokor Merchant Products 111 New Times SB 217 Frontline 212 Products 111 New Times SB 217 Frontline 212 Products 74 STX SB (Jinhae) 217 Andriaki Shipping Co. Products 74 STX SB (Jinhae) 217 Andriaki Shipping Co.

12 12 Products 74 STX SB (Jinhae) 218 Andriaki Shipping Co. Option Products 74 STX SB (Jinhae) 218 Andriaki Shipping Co. Option Products 75 Hyundai Vinashin D'amico Soc. Di Nav. Products 75 Hyundai Vinashin D'amico Soc. Di Nav. Products 73 Krasnoye Somovo 216 VF Tanker Products 73 Krasnoye Somovo 216 VF Tanker Products 73 Okskaya Shipyard 216 VF Tanker Products 73 Okskaya Shipyard 216 VF Tanker Products/MPP 5475 Okskaya Shipyard 216 VF Tanker Products/MPP 5475 Okskaya Shipyard 216 VF Tanker Ropax 35 Shandong Huanghai SB 217 Bohai Ferry Roro 28 Hyundai Mipo 217 Unknown Roro 28 Hyundai Mipo 217 Unknown Roro 28 Hyundai Mipo 218 Unknown Option Roro 28 Hyundai Mipo 218 Unknown Option Roro 28 Hyundai Mipo 218 Unknown Option Tanker Hyundai Samho HI 217 Thenamaris Tanker Hyundai Samho HI 217 Thenamaris Tanker 16 JMU Kure Shipyard 218 Kyklades Maritime

13 Million dwt USD/ton USD/ton 13 Demolition Historical Data D E M O L I T I O N M A R K E T Demolition Prices Gen Cargo Tanker India USD 325 /lt Ldt USD 34 /lt Ldt Bangladesh USD 315 /lt Ldt USD 325 /lt Ldt Pakistan USD 32 /lt Ldt USD 335 /lt Ldt China USD 17 /lt Ldt USD 185 /lt Ldt Price Tankers* JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *India month's end prices Price Bulkers* JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC *India month's end prices Total Demolition (Dwt) * Bss reported sales

14 USD/ton 14 6 Historical Demolition Prices (India Year's End) TANKERS BULKERS Avg. Trend 1 HISTORICAL DEMOLITION PRICES (*Indian Year s End) CURR. TANK BULK India TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK PRINCESS MARIA BULK MATSUREN BULK MARIA STAR Incl 25T ROB BULK REIS-G BULK SEA TRADER As is Spore incl 15T ROB BULK HUI PING Incl 8T ROB BULK WEI FONG BULK PREVENTER Incl 25T ROB BULK TSUNOMINE CONT KOLLMAR INCL 6T ROB CONT CHINA STAR RORO ARAHURA As is Wellington (New Zealand) Bangladesh TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK ARCA EMERALD BULK OCEAN BULK ANANGEL PRIDE CONT HYUNDAI GARNET RORO MARINE ROAD TANK RALDA China TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK CHANG BAI SHAN

15 15 Pakistan TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK DUNFENG MANILA TANK REBEKKA N Turkey TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS N/A N/A N/A Other TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS BULK AQUAGRACE As is Singapore CONT EVER RESULT As is Thailand

16 USD/ton USD/ton 16 H I S T O R I C A L B U N K E R P R I C E S Bunkers Cost (38 cst) Rotterdam Fujeirah Houston Average Trend Bunkers Cost (MGO) Rotterdam Fujeirah Houston Average Trend HISTORICAL BUNKER PRICES Rotterdam Fujeirah Houston 38 cst MGO 38 cst MGO 38 cst MGO Sep

17 $/Barrel USD-EUR USD-JPY 17 M A R K E T I N D I C A T O R S Currencies USD-EUR USD-JPY Brent Oil GBP CAD EUR JPY CHF USD AUD GBP CAD EUR JPY CHF USD AUD * 3/9/215 values

18 18 S T O C K W A T C H NAME TICKER THIS MONTH* LAST MONTH CHANGE % 52w HIGH 52w LOW Capital Product Partners CPLP Diana Shipping Inc. DSX Dryships Inc. DRYS Dynagas LNG Partners LP DLNG Eagle Bulk Shipping Inc. EGLE Euroseas Ltd. ESEA Freeseas Inc. FREE Costamare Inc. CMRE Goldenport Holdings Inc. GPRT Navios Maritime Holdings NM GasLog Ltd. GLOG Paragon Shipping Inc. PRGN Safe Bulkers Inc. SB Star Bulk Carriers Corp. SBLK Stealthgas Inc. GASS TEN Inc. TNP TOP Ships Inc. TOPS Box Ships Inc. TEU Diana Containerships Inc. DCIX Danaos Corporation DAC Aegean Marine Petroleum ANW * 29/9/215 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,