WEEKLY MARKET REPORT Week Ending: 23 rd April 2010 (Week 16, Report No: 16/10) (Given in good faith but without guarantee) SUMMARY OF SALES VESSEL TYPE NEWBUILDINGS S ECOND HAND DEMOLITION DEMOLITION TTL SALES in DWT Bulkcarriers 13 16 1 171.875 17 Tankers * 2 18 8 259.965 26 Liners ** 0 4 2 22.691 6 Containers 0 4 1 39.394 5 Reefers 0 0 6 41.841 6 Passenger / Cruise 0 0 0 0 4 Ro - Ro***** 0 0 4 37.713 4 Car Carrier 0 0 0 0 0 Combined *** 0 0 0 0 0 Special Projects **** 0 0 1 30.602 1 TTL VSLS/Demo 15 42 23 604.081 69 Key:/ * incl. Crude Oil, Clean & Dirty Products, LPG, LNG, Chemical, Asphalt and Veg-Oil ** incl. Multi-Purpose and Tweendeckers *** incl. Bulk-Ore, Ore-Oil and Bulk-Oil Carriers **** incl. Oil & Drilling Rigs, Tugs, Livestock, Trawlers, Cable/Exploration/Navy/Support vsls **** incl. Ro-Ro Cargo, Ro-Ro Passenger SECOND HAND TONNAGE SOLD FOR FURTHER TRADING Dry Bulkcarriers US$/Dwt MAKIKI 73,048 DWT BLT 97 KRS 7 HO HA B&W 11,800 BHP SOLD FOR ABT US $27,5 MIL TO GREEK BYRS (PREVIOUS DEAL REPORTED IN WEEK 10/10, 12TH MARCH 2010, FAILED) 369.62 PEORIA CEMTEX LEADER AGIOS NEKTARIOS ALIOS ARCTIC TRADER 70,293 DWT BLT 96 JPN 7 HO HA SULZER 10,651 BHP SOLD FOR ABT US $22,5 MIL TO UNDISCLOSED BYRS INCL BB 1 OPT YR AT USD 14,000/D 320.09 67,069 DWT BLT 89 CHT 7 HO HA CR 4 x 25 T B&W 11,759 BHP SOLD FOR ABT MID/HIGH US $12 MIL TO FAR EASTERN BYRS 178.92 52,540 DWT BLT 88 USR 8 HO HA CR 4 x 30 T B&W 13,868 BHP SOLD FOR ABT XS US $8 MIL TO UNDISCLOSED BYRS 152.26 49,675 DWT BLT 83 JPN 5 HO HA CR 4 x 25 T SULZER 11,100 BHP SOLD FOR ABT US $9,3 MIL TO UNDISCLOSED BYRS 187.22 48,170 DWT BLT 94 CRT 5 HO HA CR 4 x 30 T B&W 12,481 BHP SOLD FOR ABT NET US $17 MIL TO UNDISCLOSED BYRS ON SUBJECTS 352.92
NONI VELEBIT BENARITA STEEL GLORY SIAM PEARL CONSTANTINOS G SALTA 44,382 DWT BLT 96 CRT 5 HO HA CR 4 x 30 T B&W 11,665 BHP SOLD FOR ABT US $18 MIL TO BANGLADESH BYRS 405.57 42,000 DWT BLT 90 JPN 5 HO HA CR 4 x 25 T SULZER 8,470 BHP SOLD FOR ABT US $13,1 MIL TO BANGLADESH BYRS BASIS DD DUE INCL. BALANCE OF T/C TILL OCT 2010 AT $12,750/D 311.90 40,688 DWT BLT 84 JPN 5 HO HA CR 4 x 25 T SULZER 8,640 BHP SOLD FOR ABT US $8,75 MIL TO GREEK BYRS 215.05 39,345 DWT BLT 84 JPN 5 HO HA CR 4 x 25 T SULZER 8,640 BHP SOLD FOR ABT US $9 MIL TO GREEK BYRS 228.75 38,023 DWT BLT 83 KRS 5 HO HA CR 4 x 25 T B&W 9,251 BHP SOLD FOR ABT XS US $7,5 MIL TO CHINESE BYRS 197.25 37,940 DWT BLT 83 KRS 5 HO HA CR 4 x 25 T B&W 9,251 BHP SOLD FOR ABT US $7,3 MIL TO CHINESE BYRS FOR DELY IN JUNE 192.41 37,500 DWT BLT 09 CHR WARTSILA 11,869 BHP SOLD FOR ABT US $27 MIL TO GERMAN BYRS 720.00 C. S. STAR 32,874 DWT BLT 00 JPN 5 HO HA CR 4 x 30 T B&W 9,001 BHP SOLD FOR ABT US $20 MIL TO KOREAN BYRS 608.38 MOON RIVER RUBIN PEARL 28,494 DWT BLT 02 JPN 5 HO HA CR 4 x 30 T MITSUBISHI 8,000 BHP SOLD FOR ABT US $24,7 MIL TO GREEK BYRS 866.85 26,472 DWT BLT 94 JPN 5 HO HA CR 4 x 30,5 T MITSUBISHI 7,399 BHP SOLD FOR ABT US $15 MIL TO TURKISH BYRS 566.64 Tankers ATLANTIS GLORY 319,300 DWT BLT 09 KRS DH OIL CAP. CBM WARTSILA 39,972 BHP SOLD FOR ABT US $110 MIL TO NORWEGIAN BYRS 344.50 (VESSEL SOLD ENBLOC WITH "ANDROMEDA GLORY" AND "CALLISTO GLORY" REPORTED SOLD IN PREVIOUS WEEK 15/10, 16/04/2010) SANKO UNITY TANGO WALTZ 298,920 DWT BLT 00 JPN DH 15 TNKS COILED OIL CAP. 335,397 CBM B&W 34,643 BHP SOLD FOR ABT US $62 MIL TO NORWEGIAN BYRS 207.41 150,096 DWT BLT 08 JPN DH 12 TNKS OIL CAP. 160,562 CBM WARTSILA 22,352 BHP 150,000 DWT BLT 08 JPN DH 12 TNKS OIL CAP. 160,593 CBM WARTSILA 22,352 BHP SOLD ENBLOC FOR ABT US $66.20 MIL EACH TO GREEK BYRS 441.19 (PREVIOUS DEAL REPORTED IN WEEK 4/10, 29TH JANUARY 2010, FAILED) GEDEN RESALE 115,873 DWT DELY 6/2010 SKR SAMSUNG B&W 18,436 BHP SOLD FOR ABT US $60 MIL TO GREEK BYRS INCL. 5YRS BB AT $12,900/D 517.80 F. D. NORD FAST 40,083 DWT BLT 08 KRS DH 12 TNKS OIL CAP. 42,487 CBM MAN-B&W 11,640 BHP F D NORD FARER 40,083 DWT BLT 05 KRS DH 12 TNKS CTD CLD OIL CAP. 42,842 CBM B&W 11,640 BHP SOLD ENBLOC FOR ABT US $58 MIL TO DENMARK BYRS 723.50 CARLOS G FELIX G ROSE G 40,081 DWT BLT 03 KRS DH 12 TNKS CTD/CLD OIL CAP. 42,846 CBM B&W 11,640 BHP 40,000 DWT BLT 03 KRS DH 12 TNKS CTD/CLD OIL CAP. 42,847 CBM B&W 11,641 BHP 40,000 DWT BLT 05 KRS DH 12 TNKS CTD/CLD OIL CAP. 43,018 CBM B&W 15,050 BHP SOLD ENBLOC FOR ABT US $70 MIL TO ITALIAN BYRS 582.94
PANNA BUNGA SIANTAN ORIENTAL ORCHID GLOBAL PALLAS 37,759 DWT BLT 07 KRS DH 12 TNKS CTD CLD OIL CAP. 41,105 CBM -B&W 15,499 BHP SOLD FOR ABT US $27 MIL TO ITALIAN BYRS 715.06 16,924 DWT BLT 91 MAL DB 21 TNKS CTD/CLD OIL.19,338 CBM MITSUBISHI 6,300 BHP SOLD FOR ABT US $3,1 MIL TO INDONESIAN BYRS 183.17 10,308 DWT BLT 98 JPN DH 20 TNKS CTD CLD OIL CAP. 11,324 CBM B&W 5,281 BHP SOLD FOR ABT US $9 MIL TO ASIAN BYRS 873.11 9,141 DWT BLT 94 JPN DH 20 TNKS CTD/CLD OIL CAP. 9,728 CBM B&W 4,560 BHP SOLD FOR ABT US $4,5 MIL TO INDONESIAN BYRS 492.29 Gas Tankers CHELTENHAM LONGCHAMP MALVERN AUTEUIL 4,318 DWT BLT 90 JPN DB GAS CAP. 3,208 CBM MITSUBISHI 3,297 BHP 4,316 DWT BLT 90 JPN DB GAS CAP. 3,142 CBM MITSUBISHI 3,300 BHP 4,148 DWT BLT 90 JPN DB GAS CAP. 3,143 CBM MITSUBISHI 3,300 BHP 2,588 DWT BLT 95 JPN DB GAS CAP. 3,444 CBM MITSUBISHI 3,600 BHP SOLD ENBLOC FOR ABT US $20 MIL TO UNDISCLOSED BYRS 1,301.24 Liners THAI BINH 15,240 DWT BLT 80 GBI 5 HO HA DE 5 x 5 T SULZER 7,614 BHP SOLD FOR AN UNDISCLOSED PRICE TO VIETNAMESE BYRS N/A OCEAN PARK KATERINI ELVITA 1 8,286 DWT BLT 90 JPN 3 HO 5 HA CR 2 x 35 T 400 TEU B&W 6,080 BHP SOLD FOR ABT US $3,2 MIL TO INDONESIAN BYRS 386.19 5,207 DWT BLT 80 JPN 2 HO HA DE 3 x 15 T HANSHIN 3,200 BHP SOLD FOR ABT US $0,72 MIL TO SYRIAN BYRS 138.28 2,703 DWT BLT 79 NTH 1 HO HA MWM 1,485 BHP SOLD FOR ABT US $0,33 MIL TO UNDISCLOSED BYRS 122.09 Containers MSC NAJWA GRAND VISION PRIDE VIKING KESTREL 50,500 DWT BLT 10 CHR 4,254 TEU MAN-B&W 49,707 BHP SOLD FOR ABT US $42,5 MIL TO GREEK BYRS 841.58 44,013 DWT BLT 91 KRS 7 HO HA 2,986 TEU SULZER 31,502 BHP SOLD FOR ABT US $6,8 MIL TO GREEK BYRS 154.50 35,222 DWT BLT 96 CRT 5 HO 9 HA 2,298 TEU SULZER 22,350 BHP SOLD FOR ABT US $8,5 MIL TO GREEK BYRS 241.33 23,690 DWT BLT 10 CHR 5 HO CR 2 x 0 T 1,740 TEU MAN-B&W 21,509 BHP SOLD FOR ABT US $25 MIL TO UNDISCLOSED BYRS 1055.30 NEWBUILDING VESSELS ORDERED Bulkcarriers 203,000 DWT 2 UNITS ORDERED BY CHINESE MARITIME (TWN) AT CHINA SB. CORP. (TWN) PRICE USD $ 64.5 MIL EACH DELY 3/2012, 6/2012 (FORMAL CONFIRMATION BY THE END OF MAY 2010) 82,000 DWT 2 UNITS ORDERED BY TMT CO. LTD. (TWN) AT SUNGDONG (SKR) PRICE USD $ 37 MIL EACH DELY 2012
82,000 DWT 2 UNITS ORDERED BY TMT CO. LTD. (TWN) AT SUNGDONG (SKR) PRICE USD $ 37 MIL EACH DELY 2012 82,000 DWT 1 UNIT ORDERED BY SILVER LAKE SHIPPING (GR) AT STX OFFSHORE AND SHPD. (SKR) PRICE USD $ 37 MIL DELY 2012 57,000 DWT 2 UNITS ORDERED BY ASIAN OWNER AT COSCO GUANGDONG (PRC) ENBLOC PRICE USD 39 MIL EACH DELY 7/2011, 11/2011 37,000 DWT 4 UNITS ORDERED BY TMT CO. LTD. (TWN) AT HYUNDAI MIPO (SKR) PRICE UNDISCLOSED DELY 2012 (REPLACEMENT FOR THREE CANCELLED 62,000 DWT TANKERS) Tankers 6,000 DWT (BITUMEN CARRIER) 2 UNITS ORDERED BY VROON B.V (NTH) AT HYUNDAI MIPO (SKR) PRICE USD $ 18 MIL EACH DELY 9/2011, 11/2011 (FOUR NOW ORDERED- THE PREVIOUS TWO MORE WERE ORDERED IN DEC 2009 AT THE SAME PRICE REPORTED IN OUR REPORT NO.51/09, DEC 18 TH 2009 ) DEMOLITION BC "SEA CORAL" TNK "MAGNITUDE" TNK "OPA" TNK "VERA CRUZ A" 171,875 DWT BLT 90 RUM LDT 28,335 CHINA OF ON PRIVATE TERMS 96,136 DWT BLT 92 JPN LDT 14,203 BANGLADESH ON PRIVATE TERMS 57,211 DWT BLT 84 KRS LDT 16,294 $/LDT 508 PAKISTAN LAST WEEK SALE 48,574 DWT BLT 82 JPN LDT 9,189 BANGLADESH ON PRIVATE TERMS CONT "NYK SPRINGTIDE" 39,394 DWT BLT 92 JPN LDT 15,867 CHINA ON PRIVATE TERMS-TEU 3608 SPECIALISED CARGO "ZHEN HUA 1" 30,602 DWT BLT 76 JPN LDT 12,258 CHINA ON PRIVATE TERMS RO-RO CARGO "MORNING POWER" 16,984 DWT BLT 81 JPN UNDISCLOSED BREAKERS ON PRIVATE TERMS TNK "THERESA III" TNK "KEW BRIDGE" LINER "LONG FU" RO-RO CARGO "MORNING SAGA" TNK "HEROS" REEFER "CRYSTAL CROWN" REEFER "CRYSTAL ROSE" LINER "YEN MEN" TNK "LIBRAGAS" REEFER "NEW BREEZE" 16,982 DWT BLT 80 JPN LDT 5,268 $/LDT 395 BANGLADESH 16,228 DWT BLT 83 GFR $/LDT 541 UNDISCLOSED BREAKERS 14,650 DWT BLT 80 BRZ LDT 5,863 UNDISCLOSED BREAKERS ON PRIVATE TERMS 13,834 DWT BLT 81 JPN CHINA ON PRIVATE TERMS 11,485 DWT BLT 78 NOR UNDISCLOSED BREAKERS ON PRIVATE TERMS 11,330 DWT BLT 86 GDR LDT 5,270 $/LDT 435 INDIA 9,339 DWT BLT 83 JPN $/LDT 435 INDIA 8,041 DWT BLT 81 JPN LDT 2,983 CHINA ON PRIVATE TERMS 7,113 DWT BLT 82 GFR LDT 3,899 $/LDT 435 INDIA 6,386 DWT BLT 83 JPN $/LDT 450 INDIA
TNK "MONALISA" REEFER "AQUA FRUIT" REEFER "GREEN OCEAN" REEFER "CAPNEGRET" RO-RO CARGO "FU KANG KOU" RO-RO CARGO "MARINEROAD 2" 6,236 DWT BLT 81 JPN INDIA ON PRIVATE TERMS 5,250 DWT BLT 83 NTH $/LDT 450 INDIA 5,416 DWT BLT 92 NTH LDT 5,000 $/LDT 440 BANGLADESH 4,120 DWT BLT 69 SPN ON PRIVATE TERMS 3,516 DWT BLT 83 JPN CHINA ON PRIVATE TERMS 3,379 DWT BLT 93 JPN LDT 3,843 UNDISCLOSED BREAKERS ON PRIVATE TERMS SHIPPING & FINANCING NEWS WEEK 16/2010 SHIPPING NEW S INDEX actual change % w e ekly actual change Week 16 w ee k 4/16/10 4/19/10 4/20/10 4/21/10 4/22/10 of the w e ek change since 4/1/2010since 4/1/2010 2009 DRY INDICES BDI 3.001 3.007 3.002 2.998 3.009 3.006 5 0,17% -134-4,27% 1.897 Handy 1.368 1.373 1.375 1.371 1.365 1.357-11 -0,80% 206 17,90% 684 BHSI TC AVERAGE 19.978 20.067 20.121 20.072 19.989 19.871-107 -0,54% 3.104 18,51% 9.815 Supram ax 2.596 2.594 2.590 2.608 2.620 2.642 46 1,77% 418 18,79% 1.396 BSI TC AVERAGE 27.143 27.124 27.084 27.268 27.390 27.630 487 1,79% 4.377 18,82% 14.600 Panam ax 4.036 4.034 4.019 3.956 3.883 3.810-226 -5,60% -13-0,34% 1.743 BPI TCAVERAGE 32.488 32.472 32.352 31.847 31.255 30.671-1.817-5,59% -9-0,03% 14.036 Cape s ize 3.048 3.071 3.059 3.083 3.176 3.200 152 4,99% -997-23,76% 2.539 BCI TC AVERAGE 26.174 26.419 26.250 26.511 27.440 27.798 1.624 6,20% -12.180-30,47% 23.954 BCTI 675 674 674 678 691 707 32 4,74% -126-15,42% 371 BDTI 937 952 959 965 971 972 35 3,74% -52-5,08% 496 DOW JONES New York S+P 500 NASDAQ U.S.A. (100) CAPITAL LINK M.I. CLDBI CLTI NIKKEY-225 Tokyo FTSE-100 London XETRA DAX Frankfurt CAC-40 Paris HANG SENG Hong Kong KOSPI Seoul ATHENS GENERAL FINANCIAL NEW S 11.144,60 11.018,70 11.092,10 11.117,10 11.124,90 11.134,30-10,30-0,09% 1.211,67 1.192,13 1.197,52 1.207,17 1.205,94 1.208,67-3,00-0,25% 2.038,64 2.012,84 2.013,53 2.023,60 2.034,53 2.045,16 6,52 0,32% 2.129,47 2.091,02 2.075,89 2.135,94 2.141,60 2.133,37 3,90 0,18% 1.060,67 1.027,36 1.012,24 1.034,55 1.025,64 1.029,48-31,19-2,94% 2.611,01 2.565,99 2.550,18 2.634,81 2.645,20 2.622,66 11,65 0,45% 11.273,80 11.102,20 10.908,80 10.900,70 11.090,10 10.949,10-324,70-2,88% 5.825,01 5.743,96 5.727,91 5.783,69 5.723,43 5.665,33-159,68-2,74% 6.291,45 6.180,90 6.162,44 6.264,23 6.230,38 6.168,72-122,73-1,95% 4.065,65 3.986,63 3.970,47 4.026,65 3.977,67 3.924,65-141,00-3,47% 22.157,80 21.865,30 21.405,20 21.623,40 21.510,90 21.454,90-702,90-3,17% 1.743,91 1.734,49 1.705,30 1.718,03 1.747,58 1.739,52-4,39-0,25% 2.028,55 1.995,24 1.944,11 1.961,86 1.936,43 1.860,76-167,79-8,27% STOCK EXCHANGE EXCHANGE Y/$ $/GBP INR/$ $/Euro 92,99 92,15 92,43 93,23 93,13 93,42 0,43 0,46% 1,5500 1,5358 1,5336 1,537 1,5403 1,5391-0,01-0,70% 44,32 44,25 44,72 44,49 44,55 44,53 0,21 0,47% 1,3579 1,3496 1,3484 1,3436 1,3386 1,3292-0,029-2,11% CURRENCY Japanese Yen Pound Sterling Indian Ruppea Euro EXCHANGE $ / troy oz $ / US Bbl COM M ODITIES EXCHANGE RATES 1.157,95 1.136,45 1.134,60 1.140,00 1.145,30 1.140,95-17,00-1,47% 87,17 85,99 84,23 84,80 85,70 85,67-1,50 2,16% COM M ODITY GOLD IPE BRENT