athenian shipbrokers s.a. - .net framework
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ATHENIAN SHIPBROKERS S.A.
107-109, Vas. Pavlou Str., GR 166 73, Voula , Athens, Greece
Tel: 210 9659700 - Fax: 210 8996040
Internet Mail: [email protected]
www.atheniansa.gr
February 2012
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Baltic Dry Index
PRICES TANKERS ($ MIO)
* Prices reflect Year’s End 2007* 2008* 2009* 2010* 2011* Feb-12
VLCC 5Y 136.0 155.8 78.0 87.8 55.6 55.7
VLCC 10Y 114.5 131.0 59.5 64.3 34.1 34.5
SUEZMAX 5Y 95.5 106.0 57.0 62.8 45.6 45.1
AFRAMAX 5Y 70.0 76.8 40.5 44.5 34.7 34.4
AFRAMAX10Y 60.0 64.7 23.5 30.7 19.3 19.1
PANAMAX5Y 60.4 61.0 35.5 39.0 30.9 28.2
45K 5Y D/H 53.0 52.7 23.5 27.3 25.8 25.5
45K 10Y D/H 44.7 43.2 16.0 19.7 15.8 15.6
45K 20Y 12.8 10.0 4.0 6.7 6.0 6.0
PRICES BULKERS ($ MIO)
* Prices reflect Year’s End 2007* 2008* 2009* 2010* 2011* Feb-12
CAPESIZE 5Y 148.0 45.5 54.5 57.0 36.3 36.0
CAPESIZE 10Y 103.0 30.0 45.0 43.0 26.8 26.6
CAPESIZE 15Y 88.5 21.0 28.0 26.0 15.2 15.1
CAPESIZE 20Y 60.0 15.2 16.5 16.4 10.5 10.2
PANAMAX 5Y 89.0 25.5 35.0 38.5 26.4 25.9
PANAMAX 10Y 71.5 19.0 27.5 31.6 18.6 18.1
PANAMAX 15Y 61.0 12.5 22.0 23.1 12.4 12.0
PANAMAX 20Y 44.0 9.2 12.0 13.8 8.1 7.8
SUPRAMAX 5Y 74.5 24.0 27.5 31.9 26.4 25.8
HANDYMAX10Y 60.5 18.2 22.0 24.7 18.0 15.9
HANDYMAX15Y 46.0 13.0 17.5 20.0 11.1 10.4
HANDYMAX20Y 36.0 7.4 11.0 12.0 7.9 7.6
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
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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
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60.0
80.0
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140.0
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Pri
ce (
USD
Mio
)
Monthly Tanker Market Trend
VLCC 5Y
VLCC 10Y
SMAX 5Y
AMAX 5Y
AMAX 10Y
PMAX 5Y
45K 5YD/H45K 10YD/H
0
10000
20000
30000
40000
50000
60000
70000
80000
90000
100000
Pri
ce (
USD
)
Monthly 1 Yr TC Rates
VLCC 1 YrT/C
SMAX 1Yr T/C
AMAX 1Yr T/C
PMAX 1Yr T/C
MR 1 YrT/C
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
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0.0
20.0
40.0
60.0
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Pri
ces
(USD
Mio
)
Monthly Bulk Carrier Market Trend
CAPE 5Y
CAPE 10Y
CAPE 15Y
PMAX 5Y
PMAX 10Y
PMAX 15Y
SUPRA 5Y
HMAX 5Y
HMAX 10Y
HMAX 15Y
0
20000
40000
60000
80000
100000
120000
140000
160000
180000
Pri
ce (
USD
)
Monthly 1 Yr TC Rates
CAPE 1 YrT/CPMAX 1 YrT/CSUPRA 1 YrT/CHMAX 1 YrT/C
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
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S E C O N D H A N D T O N N A G E M A R K E T
*Excluding demolition sales
Sale and Purchase Market - Second Hand units
Ship Type Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Total
BULK 32 37 46 28 21 24 188 TANK 23 24 29 19 18 16 129 GAS 2 10 0 6 3 2 23 CONT 14 14 6 3 3 4 44 TWEEN 0 2 2 2 2 0 8 REEF 1 6 1 0 0 0 8 RORO 1 0 0 0 1 1 3 FERRY 0 0 1 0 0 0 1 CRUISE 0 1 0 0 0 1 2
Total 73 94 85 58 48 48 406
478
24
445
23
0
200
400
600
THIS MONTH - PREVIOUS MONTH
S&P Activity Dry (<5,000 Dwt)
AVAILABLE FOR SALE
REPORTED SOLD
PREVIOUS MONTH A/BLE FORSALEPREVIOUS MONTH SALES
193
16
161
18
0
100
200
300
THIS MONTH - PREVIOUS MONTH
S&P Activity Tankers (<5,000 Dwt)
AVAILABLE FOR SALE
REPORTED SOLD
PREVIOUS MONTH A/BLE FORSALEPREVIOUS MONTH SALES
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
5
TANKER SALES
NAME DWT BLT PRICE $ BUYER
GOLDEN ORIENT 6275 1997 JAPAN DH 5 MIO ASIAN (Stst Tanker)
CHARTSMAN 6397 1993 MALAYSIA DH 3.3 MIO NIGERIAN
EASTERN GOODWILL 8740 2001 JAPAN DH 8.3 MIO GREEK
GOLDEN MICRONESIA 9091 2004 JAPAN DH 9 MIO WILMAR, SINGAPORE (Stst
Tanker)
STENA CARIBBEAN 9996 2002 POLAND DH 13 MIO AUSTRALIAN (Incl TC Attached to
Chevron at Usd 16500 Pd till end 2012) KOHZAN MARU II 19997 1989 JAPAN DS 3.5 MIO INDONESIAN CLIPPER MIKI 19998 2009 JAPAN DH 23.6 MIO EUROPEAN (Stst Tanker) KING EDWIN 35775 2000 S.KOREA DH 12.75 MIO GREEK
STI MATADOR 40081 2003 S.KOREA DH * ENBLOC BSS▼ STI GLADIATOR 40081 2003 S.KOREA DH * ENBLOC BSS▼ STI CONQUEROR 40158 2005 S.KOREA DH 54 MIO UNDISCLOSED (Total Price)
ZYGI 44484 1992 CHINA DH 5 MIO THAI SELENDANG PERMATA 45974 1997 CHINA DH 8.5 MIO UNDISCLOSED DOUBTLESS 47076 1991 S.KOREA DH 6.3 MIO INDIAN BOX 50366 2009 S.KOREA DH 29.5 MIO UNDISCLOSED DALMACIJA 96168 1996 S.KOREA DH 10 MIO M3 ENERGY, MALAYSIA
GAS SALES
NAME DWT BLT CBM PRICE $ BUYER
HAYDOCK 4313 2001 JAPAN 4100 12 MIO PETROLIFT
ORIENTAL OKI 5350 2006 JAPAN 4919 15 MIO UNDISCLOSED
892
659 650
908
653
400
500
600
700
800
900
1000
9 12 15 18 21 24 27 30 33 36 39 42 45 48 51 2 5 8
WEEK NO
Baltic Clean Tanker - Yearly
2012 2011
1047
734 674
842
930
784 788
500
600
700
800
900
1000
1100
9 12 15 18 21 24 27 30 33 36 39 42 45 48 51 2 5 8
WEEK NO
Baltic Dirty Tanker - Yearly
2012 2011
645
666 704
733
500
600
700
800
900
26/01/2012 02/02/2012 09/02/2012 16/02/2012 23/02/2012
Baltic Clean Tanker - Monthly
822
801
782
795
789
817
798
750
770
790
810
830
850
26/01/2012 02/02/2012 09/02/2012 16/02/2012 23/02/2012
Baltic Dirty Tanker - Monthly
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
6
23246 21609 12726
3500
13500
23500
33500
43500
53500
63500
73500
Feb-11 Apr-11 Jun-11 Aug-11 Oct-11 Dec-11 Feb-12
$/D
ay
Spot Market - Tankers VLCC
SUEZMAX
AFRAMAX
20480
16085
12950
0
5000
10000
15000
20000
25000
30000
35000
Feb-11 Apr-11 Jun-11 Aug-11 Oct-11 Dec-11 Feb-12
$/D
ay
Period Market - Tankers 1 Year T/C
VLCC
SUEZMAX
AFRAMAX
416
366
395
200
250
300
350
400
450
500
26/01/2012 02/02/2012 09/02/2012 16/02/2012 23/02/2012
Baltic Handysize
2
721
600
652
641
678
500
550
600
650
700
750
26/01/2012 02/02/2012 09/02/2012 16/02/2012 23/02/2012
Baltic Supramax
2
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
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BULKER SALES
NAME DWT BLT GEAR PRICE $ BUYER
PORT TEJO 5313 1993 POLAND CR 2X30 2.85 MIO INDONESIAN
HAI SUNG 7435 1997 S.KOREA DR 2X30, DR
2X25 2.5 MIO UNDISCLOSED (Via Auction,
Asis Thailand)
HARBOUR GEMINI 7988 1984 JAPAN DR 2X20, DR
2X15 1.4 MIO UNDISCLOSED (Logger)
KOPALNIA HALEMBA 11715 1990 POLAND CR 4X16, CR
1X12.50 3.25 MIO UNDISCLOSED
CASTOR 12334 1982 JAPAN CR 2X15 2.5 MIO UNDISCLOSED ACE DRAGON 24280 1997 JAPAN CR 4X31 8 MIO UNDISCLOSED (Logger) DIAMOND GLORY 28515 1997 JAPAN CR 4X30 9.2 MIO TURKISH
GOOD PILGRIMS 29400 2009 INDIA CR 4X30 17.7 MIO PRECIOUS SHIPPING, THAILAND
KEN ANN MARU 32115 1997 JAPAN CR 4X30 9 MIO UNDISCLOSED ALADDIN RAINBOW 32260 1999 JAPAN CR 4X30 10.5 MIO UNDISCLOSED AFRICAN ZEBRA 38623 1985 TAIWAN CR 4X25 4.2 MIO SINGAPOREAN SEALIGHT 41093 1984 JAPAN CR 4X25 4.2 MIO UNDISCLOSED ARCADIA 41455 1995 BULGARIA CR 4X30 11.47 MIO GREEK (Via Auction) SLOVENIJA 41526 1985 JAPAN CR 4X25 4.8 MIO UNDISCLOSED AFRICAN STAR 42004 1991 JAPAN CR 4X25 8.5 MIO UNDISCLOSED MAGIC FORTIS 42512 1985 JAPAN CR 4X25 4.2 MIO UNDISCLOSED ID NORD 46640 1999 JAPAN CR 4X31 14.5 MIO UNDISCLOSED SANKO GALAXY 52980 2005 JAPAN CR 4X30 20.5 MIO GREEK ABG 315 54000 2012 INDIA CR 4X30 28.2 MIO UNDISCLOSED NEWLEAD ESMERALDA
69458 1990 JAPAN GLESS 11 MIO GREEK
SAGARKIRAN 73350 1995 S.KOREA CR 4X25 11 MIO UNDISCLOSED
WASHINGTON TRADER
74228 2000 JAPAN GLESS * ENBLOC BSS▼
GOLDBEAM TRADER 74247 2001 JAPAN GLESS 31 MIO UNDISCLOSED
815
681 726
1018
931
836
600
700
800
900
1000
1100
26/01/2012 02/02/2012 09/02/2012 16/02/2012 23/02/2012
Baltic Panamax
4 1447 1436
1468
1452
1525
1380
1400
1420
1440
1460
1480
1500
1520
1540
26/01/2012 02/02/2012 09/02/2012 16/02/2012 23/02/2012
Baltic Capesize
44 4438
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CONTAINER SALES
NAME DWT BLT GEAR TEU PRICE $ BUYER
CONDOR I 18395 1995 POLAND CR 2X43 1129 4.2 MIO UNDISCLOSED (Via Auction) ASTOR 18395 1995 POLAND CR 2X43 1129 4.2 MIO UNDISCLOSED (Via Auction)
OOCL SHANGHAI 67584 1999 S.KOREA GLESS 5762 * ENBLOC BSS▼
OOCL NEW YORK 67660 1999 S.KOREA GLESS 5762 27 MIO OOCL, CHINA (Chrtrs
Declared Purchase Option)
RORO SALES
NAME GT BLT LANE MTS/CARS PAX PRICE $ BUYER
LYUBOV ORLOVA 4251 1976 YUGOSLAVIA 112 0.275 MIO CARIBBEAN (Via Auction) HERMES 8062 1998 JAPAN 6.5 MIO FAR EASTERN
3132 4731
12620
0
5000
10000
15000
20000
25000
30000
35000
Feb-11 Apr-11 Jun-11 Aug-11 Oct-11 Dec-11 Feb-12
$/D
ay
Spot Market - Bulkers CAPESIZE
PANAMAX
HANDYMAX
15475
10523
8250
0
5000
10000
15000
20000
25000
Feb-11 Apr-11 Jun-11 Aug-11 Oct-11 Dec-11 Feb-12
$/D
ay
Period Market - Bulkers 1 Year T/C CAPE
PMAX
HANDYMAX
44
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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 T S
Dry Bulk Orderbook
Ship Type 2012 (deliv) 2012 2013 2014 2015 2016 2017+ Total
VLOC 4 48 14 10 2 0 0 74
Capesize 32 149 77 13 8 0 0 247
Small Cape 21 117 29 8 0 0 0 154
Panamax 52 420 205 51 0 0 0 676
Supramax 55 408 190 20 1 0 0 619
Handys 51 310 169 25 2 0 0 506
Total 215 1452 684 127 13 0 0 2276
Tanker Orderbook
Ship Type 2012 (deliv) 2012 2013 2014 2015 2016 2017+ Total
ULCC/VLCC 8 59 48 9 0 0 0 116
Suezmax 7 57 37 4 0 0 0 98
Aframax 9 50 26 9 0 0 0 85
Panamax 3 20 17 2 0 0 0 39
MR 9 68 67 16 0 0 0 151
Handy 2 12 4 0 0 0 0 16
Total 38 266 199 40 0 0 0 505
LPG Tank Orderbook
Ship Type 2012 (deliv) 2012 2013 2014 2015 2016+ Total
VLGC 0 2 12 1 0 0 15
LGC 0 0 0 0 0 0 0
MR 2 0 2 0 0 0 2
Handy 0 12 11 4 1 0 28
Small 3 47 10 3 2 0 62
Total 5 61 35 8 3 0 107
97.3
58.9 51.3
33.4
0
20
40
60
80
100
120
Feb-10 Jun-10 Oct-10 Feb-11 Jun-11 Oct-11 Feb-12
$m
Tanker Prices VLCC Suezmax
Aframax MR
1
5
3
47.3
27.5
25.4 22.3
0
10
20
30
40
50
60
70
Feb-10 Jun-10 Oct-10 Feb-11 Jun-11 Oct-11 Feb-12
$m
Bulker Prices Capesize Panamax
Handymax Handysize
5
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
10
215
481.8
82
972
611.1
190.3 121
196.6
48.9
0
100
200
300
400
500
600
700
800
900
1000
2010 2011 Feb-12
No
. o
f V
es
se
ls
Newbuilding Sales Tankers >10,000 dwt
Bulkers >10,000 dwt
Containerships
122.5
54.2
12.7
44.5
29.1
8.4
0
20
40
60
80
100
120
140
Feb-12 2013 2014+
m. d
wt
Delivery Schedule Bulkers >10,000 dwt.
Tankers >10,000 dwt
38.5
19.5
9.5
3.3
11
0
5
10
15
20
25
30
35
40
45
February 2012
m.
dw
t
Tanker Newbuildings on Order VLCC Suezmax
Aframax Panamax
Products
81.3
58.9
32.8
16.9
0
10
20
30
40
50
60
70
80
90
February 2012
m. d
wt
Bulker Newbuildings on Order Capesize Panamax
Handymax Handysize
Newbuilding Historical Prices ($m)
Tankers Feb-12 2011 2010 2009 2008 2007 2006 2005 2004 2000 1995 1990 1985
310,000 DWT1 97.3 98.9 104.8 97.5 150 145 130 120 108 76.5 85.3 87.4 2 38.2
170,000 DWT1 58.9 60.3 66.3 61 90 90 80 71.5 71 52.5 54 66.1 2 28.2
110,000 DWT1 51.3 52.2 56 49.5 74 72 65.5 58 60 41.5 43.3 53.2 2 18.1
47,000 DWT1 33.4 35.2 36.1 35 46.5 52 47 43 39 29.5 33.2 3
32.1 3
13.3
Bulkers
180,000 DWT1 47.3 48.4 57.2 55.5 87 96 67 58.5 64.5 40.5 42.3 60.2 29.3
73,000 DWT1 27.5 28.7 34.3 34.5 45.5 54 39.5 36 37 22.5 27.9 30 13.4
45,000 DWT 25.4 26.7 31.1 29 41 47.5 37 31 30 20.5 24.1 25.3 12.4
29,000 DWT 22.3 22.2 26.3 24.5 31 34 27.5 25.5 24 15 19.2 21.3 9.7
1 Before 2001 sizes to read 280,000 - 140,000 - 95,000 - 40,0000 respectively for tankers and 150,000 - 69,000 for Bulkers 2 Single Hull 3 30,000 DWT
(note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
11
The Shipbuilding Market
TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES AHTS 500 Shin Yang Shipyard 2013 Ocean Mainport
AHTS 500 Shin Yang Shipyard 2013 Ocean Mainport
AHTS 500 Shin Yang Shipyard 2013 Ocean Mainport
Asphalt / Bitu 5000 Sedef Gemi End. 2013 Elcano
BULK 82000 STX Shipbuilding 2013 33 Mio Efnav Co. Ltd.
BULK 82000 STX Shipbuilding 2013 33 Mio Efnav Co. Ltd.
BULK 82000 STX Shipbuilding 2013 33 Mio Efnav Co. Ltd.
BULK 82000 STX Shipbuilding 2013 33 Mio Efnav Co. Ltd.
BULK 186300 Shanghai Waigaoqiao 2014 49,8 Mio U-Ming Marine Transport
BULK 186300 Shanghai Waigaoqiao 2014 49,8 Mio U-Ming Marine Transport
BULK 186300 Shanghai Waigaoqiao 2014 49,8 Mio U-Ming Marine Transport
BULK 186300 Shanghai Waigaoqiao 2014 49,8 Mio U-Ming Marine Transport
BULK 75900 Jiangsu Rongseng 2014 Dryships Inc.
BULK 75900 Jiangsu Rongseng 2014 Dryships Inc.
BULK 75900 Jiangsu Rongseng 2014 Dryships Inc.
BULK 75900 Jiangsu Rongseng 2014 Dryships Inc.
BULK 80000 Imabari S.B. 2014 Unknown
BULK 80000 Imabari S.B. 2014 Unknown
Catamaran 340 Austal Ships 2015 46 Mio Aremiti Pacific
CONT 55000 Jinling Shipyard 2014 54 Mio Dietrich Tamke K.G.
Drillship Jurong Aracruz 2015 792,5 Mio Petrobras
Drillship Engevix 2016 Etesco
Drillship Engevix 2016 Etesco
Drillship Engevix 2016 Etesco
Drillship Constructora Norbert 2017 Etesco
Drillship Constructora Norbert 2017 Etesco
FSRU/LNG Hyundai H.I. 2014 Hoegh LNG
LNG 85000 Hyundai Samho 2014 200 Mio Golar LNG
LNG 85000 Hyundai Samho 2014 200 Mio Golar LNG
LNG 85000 Hyundai H.I. 2014 Unknown
LNG 85000 Hyundai H.I. 2015 Unknown
LPG 59000 Hyundai H.I. 2014 Pertamina Direktorat
LPG 20600 Hyundai Mipo 2013 50 Mio Sovcomflot JSC
LPG 20600 Hyundai Mipo 2013 50 Mio Sovcomflot JSC
LPG 59000 Hyundai H.I. 2014 Pertamina Direktorat
PSV 4800 Wuchang Shuangliu 2013 Shanghai Salvage Co
PSV 4500 Alianca Shipyard 2013 Sao Miguel Nav.
PSV 4500 Alianca Shipyard 2013 Sao Miguel Nav.
PSV 4500 Alianca Shipyard 2013 Sao Miguel Nav.
PSV 4500 Alianca Shipyard 2013 Sao Miguel Nav.
PSV 5100 Simek A/S 2013 60 Mio Gulf Offshore NS
PSV 3300 Damen Galati 2013 94,76 Mio WWS
PSV 3300 Damen Galati 2013 94,76 Mio WWS
RORO 6000 Mitsubishi H.I. 2013 Nippon Express
TANKER 110000 Daewoo 2014 Kuwait Oil Tanker
TANKER 317000 Daewoo 2014 Kuwait Oil Tanker
TANKER 317000 Daewoo 2014 Kuwait Oil Tanker
TANKER 317000 Daewoo 2014 Kuwait Oil Tanker
TANKER 317000 Daewoo 2014 Kuwait Oil Tanker
TANKER 51000 Korean 2014 35,5 Mio Navios Acquisition
TANKER 51000 Korean 2014 35,5 Mio Navios Acquisition
TANKER 51000 Korean 2014 35,5 Mio Navios Acquisition
TANKER 52000 SPP Shipbuilding 2014 Unknown
TANKER 52000 SPP Shipbuilding 2014 Unknown
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
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D E M O L I T I O N M A R K E T
Demolition Historical Average Prices
480 479
180
230
280
330
380
430
480
530
580
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
$
Tankers 2009 2010
2011 2012
456 451
180
230
280
330
380
430
480
530
580
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
$
Bulkers 2009 2010
2011 2012
Demolition Prices
Gen Cargo Tanker India USD 470 /lt Ldt USD 500 /lt Ldt
Bangladesh USD 460 /lt Ldt USD 490 /lt Ldt
Pakistan USD 465 /lt Ldt USD 495 /lt Ldt
China USD 410 /lt Ldt USD 430 /lt Ldt
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India
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS
BULK NAMA 14312 1988 4735 482
BULK MALLAK 18270 1981 5500 500
BULK OCEAN STAR 23793 1982 5945 500
BULK AGIOS NECTARIOS I 23969 1982 5734 492
BULK ANDRA 25637 1980 7796 502
BULK ZOITSA 26991 1978 6442 500
BULK OCEAN LEADER 28097 1984 6400 505
BULK SIAM STAR 29617 1984 6232 502
BULK BM FREEDOM 31247 1980 8894 453 Asis Dubai
BULK BESTKING 34698 1983 7933 475
BULK SERVET Y 35780 1983 8344 480
BULK DONNA 37636 1984 7726 495
BULK MIRANDA 44016 1979 14275 500
BULK HUA JIN HU 58412 1981 11596 485
BULK PANAMAX SUCCESS 63378 1983 12197 500
BULK BOSCO SUN 64150 1982 12105 505
BULK BOSCO DAWN 69001 1983 12367 502
BULK THEOTOKOS 71242 1984 13943 517 High content in Non-Ferrous material
BULK OCEAN QUEEN 187864 1987 23138 430 Asis S.Korea Incl 250 T Bunkers RoB
COMBO SEAGREEN 43549 1987 10250 482
13.4 27
28.65 26.9
38 25.6
14.5 4.9
2.35 4.6
3.8 15.9
16.7 18.9
15.5 18
15.6 25
30.5 22.4
28.4 28.5
27 10
5.5 6.5
5 12
28.9 25.7
31.58 6.44
0 5 10 15 20 25 30 35 40
19811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012
Million dwt
Year
Total Demolition
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CONT TROYBURG 26152 1988 7540 475 Asis Spore With 500 T Bunkers RoB
CONT REUNION 28422 1983 8550 476
CONT KOTA SELAMAT 35615 1983 12861 502 Asis Khor Fakkan With Sufficient Bunkers RoB
CONT KHALED IBN AL WALEED 35615 1983 12858 514 Asis Khor Fakkan With Bunkers RoB
CONT AL MANAKH 35615 1983 12888 519 Asis Khor Fakkan With Bunkers RoB
CONT MSC ANAHITA 36377 1985 12876 505
REEF NOVA FRIESIA 6568 1987 3525 490
REEF VIKING STAR 9157 1991 4124 485 Asis Fujairah with sufficient Bunkers RoB
REEF YASAKA BAY 10647 1983 5503 489
REEF NAPIER STAR 11822 1994 5280 575 Asis Fujairah Incl 262 T Aluminium
REEF NELSON STAR 11831 1993 5288 575 Asis Fujairah Incl 262 T Aluminium
TANK ST. JAMES PARK 13924 1993 3869 603 Stst Tanker
TANK BRUCE PARK 13940 1992 3868 602 Stst Tanker
TANK GEMINI 29870 1986 9199 495
TANK ZEINAT 3 68232 1995 16248 515
TANK REINA SOFIA 311690 1995 40963 490
Bangladesh
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS
BULK STRAIT CHALLENGER 23418 1982 5994 496 Incl 300 T Bunkers RoB
BULK BM HOPE 26126 1978 8200 * Enbloc Bss▼
CONT BM INTREPID 19310 1983 5940 * Enbloc Bss▼
TWEEN BM ADVENTURE 17520 1980 6478 * Enbloc Bss▼
TWEEN BM DEFENDER 22882 1981 8405 453 Asis Chittagong
BULK YASIN C 36318 1982 8832 475
BULK KS TRADER 42943 1982 8109 475
BULK CEBU STAR 45546 1982 9759 491
BULK BINTAN STAR 69397 1984 16859 485
BULK EVER BRIGHT 148982 1987 24515 492 Incl 450 T IFO RoB
BULK HEBEI FOREST 149212 1989 17198 505
TANK VIGOUR 86591 1995 21687 512
China
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS
BULK TIAN YU 6269 1981 1924 390
BULK TIWAI MARU 18703 1984 4989 440
BULK GANNET ARROW 39260 1985 11519 430
BULK FINCH ARROW 39273 1984 11796 430
BULK DAIO ANDES 44315 1989 8664 430
BULK BEST GRACE 63578 1981 11670 420
BULK HYUNDAI COSMOS 163256 1986 20803 443 Asis N. China With 450 T Bunkers
REEF BALTIJAS CELS 13305 1988 9398 410
TANK SHUN XING 68180 1985 16560 420 Approx Ldt due to conversion
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
15
Pakistan
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS
BULK BM PRIDE 18982 1983 7176 453 Asis Karachi
BULK SEA BIRD 63868 1984 11739 517 Incl 250 T Bunkers RoB
BULK PEARL C 65622 1987 11551 520
BULK PIONEER EPOS 75470 1981 13397 475
TANK BRILLIANT JEWEL 247471 1989 41000 505
TANK SUNLIGHT JEWEL 302326 1993 40900 505
Other
TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS
BULK SEA DREAM 26223 1981 7296 500 India/Pakistan Rng. Incl Full spares on board
BULK DON RAUL 37695 1984 7292 320 Asis Rosario (Argentina)
TANK ISABEL BARRETO 25243 1986 6954 327 Asis Peru
TANK ANDOAS 32605 1987 9210 327 Asis Peru
TANK SAMIRIA 40439 1987 8951 327 Asis Peru
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
16
M A R K E T I N D I C A T O R S
GBP CAD EUR JPY CHF USD
AUD
GBP 1 0.6332 0.8475 0.007841 0.7033 0.631 0.6792
CAD 1.5799 1 1.3389 0.012387 1.111 0.9968 1.0729
EUR 1.1801 0.7471 1 0.009252 0.8298 0.7446 0.8014
JPY 127.568 80.7601 108.104 1 89.7019 80.4823 86.6318
CHF 1.4223 0.9005 1.2053 0.011151 1 0.8974 0.966
USD 1.585 1.0035 1.3432 0.012427 1.1146 1 1.0764
AUD 1.4727 0.9324 1.2481 0.011546 1.0356 0.9292 1 * 28/02/2012 values
70
75
80
85
90
95
100
105
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
01/02/11 01/04/11 01/06/11 01/08/11 01/10/11 01/12/11 01/02/12
USD
-JP
Y
USD
-EU
R
Currencies USD-EUR
USD-JPY
60.00
70.00
80.00
90.00
100.00
110.00
120.00
130.00
140.00
01/02/11 01/04/11 01/06/11 01/08/11 01/10/11 01/12/11 01/02/12
$/B
arre
l
Brent Oil
www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.
17
S T O C K W A T C H
NAME TICKER THIS
MONTH* LAST MONTH CHANGE % 52w HIGH 52w LOW
NewLead Holdings NEWL 0.95 0.70 35.7 3.88 0.40
Capital Product Partners
CPLP 7.56 7.58 -0.3 11.39 4.85
Diana Shipping DSX 8.94 8.36 6.9 12.66 6.59
Dryships DRYS 3.48 2.19 58.9 5.12 1.75
Eagle Bulk EGLE 1.74 1.32 31.8 4.17 0.88
Euroseas ESEA 2.95 2.91 1.4 5.28 2.15
Excel Martime EXM 1.88 1.54 22.1 5.22 1.37
Freeseas FREE 1.23 0.41 200 3.49 0.36
Genco Shipping&Trading
GNK 6.85 7.45 -8.1 12.50 4.15
Costamare Inc. CMRE 14.43 14.83 -2.7 18.48 10.93
Goldenport GPRT 67.67 60.78 11.3 115.61 57.00
Navios NM 4.13 3.63 13.8 5.99 2.88
GasLog LNG Services GLOG N/A N/A N/A N/A N/A
Paragon PRGN 0.91 0.63 44.4 3.20 0.55
Safe Bulkers SB 7.13 6.86 3.9 9.78 5.28
Star Bulk SBLK 1.01 0.98 3.1 2.65 0.86
Stealthgas GASS 4.76 4.41 7.9 7.20 3.40
TEN TNP 6.45 6.35 1.6 11.18 4.78
TOP Ships TOPS N/A N/A N/A 11.60 2.86
* 28/02/2012 closing values IPO Pending
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.