MARKET REPORT – WEEK 28

NILIMAR Ships Sale & Purchase
MARKET REPORT –
WEEK 28
BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 11TH JULY 2014.
Congratulations to Germany and interestingly the freight market seems to have continued to follow
World Cup trends, e.g. whereas the knock out games and the dry bulk market both enjoyed elevated
levels of excitement in week 27, week 28 started even better (Germany 7 :1 Brazil) but ended a little
less flamboyant (Germany 1:0 Argentina).
The actual BDI facts of last week were that for Monday and Tuesday it was looking good still but ended
-9% w-o-w, mainly caused by the BCI reverting to its losing streak via a further -21%. The BPI started
the week adding another +9% to its +52% gain of the week before and then also flattened off on
Thursday and Friday. The smaller sizes remained flat to slightly negative with the BSI ending -0.5%
and the BHSI -3%.
S+P activity remains weak in all sectors though we note Greek buyers appear to be the most active
dry cargo buyers last week including a couple of purchases via court sales. On the tanker side it's of
note that Maersk have continued their sell off of VLCC / dirty tonnage to become clean / products
owners only.
The Demolition sector had an unexpected, though hoped for, fillip last week when India's newly
elected Prime Minister Mr Modi announced a reduction in Customs Duty on imported ships for recycling
from 5% to 2.5%. That bonus for the buyers enabled them to immediately up the sort of levels they
have been prepared to pay lately by as much as $10-15 per LDT in some cases and resulted in a
number of new purchases even though the Monsoon and Ramadan remain in full effect at this time.
Should the high $400's levels remain available in weeks to come, and the dry freight markets continue
to unimpress, we could expect to see strong levels of scrapping in the last quarter of 2014.
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
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NILIMAR Ships Sale & Purchase
TANKERS
VESSEL’S NAME
DWT
YEAR
BUILT
MAERSK HOJO
302,965
04/2013
YARD
DH
PRICE
USD $
BUYERS
COMMENTS
UNIVERSAL, JAPAN
DH
342.00M
BELGIAN
(EURONAV)
ENBLOC
WITH
ANOTHER
2 MODERN
VLCC (TBN)
MAERSK HAKATA
302,550
03/2010
UNIVERSAL, JAPAN
DH
KOA SPIRIT
113,334
05/1999
SAMSUNG, KOREA
DH
12.50M
S. KOREAN
(SINOKOR)
AMORGOS
WARRIOR
95,621
12/1992
KOYO MIHARA, JAPAN
DH
7.90M
UKRANIAN (VISTA)
LIWA
74,997
12/2008
NIPPON, JAPAN
DH
28.50M
GREEK (PRIME
MARINE)
NEAPOLIS
74,543
06/2006
SASEBO, JAPAN
DH
25.00M
SOUTH AMERICAN
MCT ALTAIR
19,996
03/1999
ULJANIK, CROATIA
DB
8.70M
INDONESIAN
4,999
11/1992
SHIN KURUSHIMA,
JAPAN
DB
2.50M
UNDISCLOSED
VESSEL’S NAME
DWT
YEAR
BUILT
YARD
CBM
PRICE
USD $
BUYERS
JAG VIDHI
49,701
06/1990
KAWASAKI
SAKAIDE, JAPAN
73,879
24.00M
FAR EASTERN
NANIWA MARU NO 3
GAS
COMMENTS
BALTIC TANKER INDICES
2014
1600
1400
1200
1000
800
600
400
Week
BDTI13
BCTI13
BDTI14
BCTI14
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
2
NILIMAR Ships Sale & Purchase
BULKERS
VESSEL’S NAME
DWT
YEAR
BUILT
YARD
GEAR
PRICE
USD $
BUYERS
COMMENTS
G WHALE
319,869
05/2011
HYUNDAI ULSAN,
KOREA
CR 6X30T
60.00M
GREEK (ONASSIS)
VLOO
COURT SALE
ETERNAL SALUTE
87,144
10/2006
YOKOHAMA, JAPAN
-
21.90M
GREEK
(OCEANBULK)
B MAX
84,091
12/2011
-
24.00M
UNDISCLOSED
COURT SALE
HULL S1179
50,300
01/2015
CR 4X35T
37.00M
GREEK
ENBLOC
HULL S1180
50,300
03/2015
CR 4X35T
37.00M
SCARLETT
33,371
10/2009
CR 4X30T
18.50M
HYUNDAI SAMHO,
KOREA
TONGYEONG,
KOREA
TONGYEONG,
KOREA
SHIN KOCHI,
JAPAN
GREEK
BALTIC DRY INDICES 2014
4500
BDI 13
BDI 14
BCI 13
BCI 14
BPI 13
BPI 14
BSI 13
BSI 14
BHSI 13
BHSI 14
4000
3500
3000
2500
2000
1500
1000
500
0
Week
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
3
NILIMAR Ships Sale & Purchase
INDICATIVE REPORTED FIXTURES
YEAR
CHARTERERS
DWT
RATE
BUILT
VESSEL’S
NAME
DURATION
G.P. ZAFIRAKIS
2014
180,000
25,250$/DAY
RWE
C O N S T A N T I N O S G .O .
2011
87,447
9,250$/DAY
C NR
5/8 MONTHS
BAROC K
2007
82,668
10,100$/DAY
KLAVENESS
11/13 MONTHS
AOM GEORGINA
2014
82,000
11,600$/DAY
C ARGILL
11/13 MONTHS
OC EAN LIBRA
2013
81,504
10,250$/DAY
C LEARLAKE
10/14 MONTHS
OC EAN LIFE
2003
75,318
9,000$/DAY
C NR
4/6 MONTHS
AFOVOS
2001
74,306
9,000$/DAY
4/9 MONTHS
ASIA RUBY III
2014
62,450
12,500$/DAY
3/5 MONTHS
LOC H SHUNA
2014
55,600
11,500$/DAY
NORDEN
QUADRA
C OMMODITIES
NORDEN
C H C LARE
2010
33,144
7,000$/DAY
AQUAVITA
MIN18/MAX22 MONTHS
1 YEAR
2/3 MONTHS
BALTIC DRY
INDICES
PREVIOUS
WEEK
CURRENT WEEK
+/-
BDI
893
814
-79
BCI
1864
1465
-399
BPI
VESSEL’S NAME
TWEEN / MPP / GENERAL CARGO
DWT
640
YEAR
BUILT
YARD
6,238
04/1981
GROOT & VLIET,
NETHERLANDS
682
BSI
STHENO
BHSI
403
679
GEAR
BUYERS
€0.50M
NON GREEKS
679
CR 2X29T
390
39
PRICE
-3
-13
▼
▼
▲
COMMENTS
▼
LAID UP
▼
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
4
NILIMAR Ships Sale & Purchase
TWEEN / MPP / GENERAL CARGO
VESSEL’S NAME
DWT
YEAR
BUILT
YARD
GEAR
PRICE
BUYERS
COMMENTS
STHENO
6,238
04/1981
GROOT & VLIET,
NETHERLANDS
CR 2X29T
€0.40M
NON GREEKS
AT AUCTION
(LAID UP)
CONTAINER
VESSEL’S
NAME
DWT
YEAR
BUILT
YARD
GEAR
TEU
PRICE
USD $
BUYERS
COMMENTS
MAERSK
NEUCHATEL
33,651
07/2005
VOLKSWERFT,
GERMANY
CR
3X45T
2,474
13.00M
GERMAN
(SOUNDVIEW
MARITIME)
ENBLOC
MAERSK
NEUSTADT
33,594
05/2005
VOLKSWERFT,
GERMANY
CR
3X45T
2,474
13.00M
REEF
VESSEL’S
NAME
DWT
YEAR
BUILT
YARD
REEF.
CAP/TY
GEAR
PRICE
USD $
BUYERS
COMMENTS
- NO SALES REPORTED THIS WEEK -
PCC/ RORO / PASS
VESSEL’S NAME
DWT
YEAR
BUILT
YARD
CARS
/LM
PAX
PRICE
USD $
BUYERS
COMMENTS
- NO SALES REPORTED THIS WEEK -
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
5
NILIMAR Ships Sale & Purchase
DEMOLITION INDIA
TYPE
TANK
BULK
BULK
BULK
CONT
CONT
VESSEL’S NAME
THERESA
ANTARCTIC
AMIRA NADIA
ZHONG SHAN
MEN
SILICA II
MSC KYOTO
CSL RIDE
DWT
YEAR
BUILT
LDT
PRICE
USD/LT
83,920
1986
14,910
510
40,048
1985
9,090
482
23,503
1982
7,347
473
19,075
53,540
35,592
1987
1981
1996
6,060
18,704
12,953
473
495
531
COMMENTS
DEMOLITION PAKISTAN
TYPE
VESSEL’S NAME
DWT
YEAR BUILT
LDT
TANK
TANK
ATHENS WARRIOR
VARADA BLESSING
306,430
299,994
1993
1993
41,992
38,115
PRICE
USD/LT
500
494
COMMENTS
DEMOLITION BANGLADESH
TYPE
VESSEL’S NAME
DWT
YEAR BUILT
LDT
BULK
ROULA
32,708
1983
8,348
PRICE
USD/LT
481
COMMENTS
DEMOLITION CHINA
TYPE
VESSEL’S NAME
DWT
YEAR BUILT
LDT
PRICE
USD/LT
COMMENTS
- NO SALES REPORTED THIS WEEK -
DEMOLITION TURKEY
TYPE
VESSEL’S NAME
DWT
YEAR BUILT
LDT
GAS
CONT
MORES
ALIANCA BRASIL
7,598
13,503
1994
1994
4,027
13,503
PRICE
USD/LT
290
360
COMMENTS
DEMOLITION MISC
TYPE
VESSEL’S NAME
DWT
YEAR BUILT
LDT
PRICE
USD/LT
COMMENTS
- NO SALES REPORTED THIS WEEK -
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
6
NILIMAR Ships Sale & Purchase
NEWBUILDINGS
TYPE
SIZE
DELY
YARD
VLCC
320,000DWT
2016
DSME
PRICE
USD $
98.00M
TANK
159,000DWT
H1 2016
HYUNDAI
70.00M
TANK
TANK
LNG
BULK
BULK
BULK
BULK
50,000DWT
40,000DWT
5,000CBM
180,600DWT
180,000DWT
65,000DWT
64,000DWT
2016
2016
2016
2016
2016
Q1 2017
2016
146.70M
31.00M
50.00M
61.00M
57.00M
100.00M
28.00M
BULK
50,000DWT
2016
BULK
CONT
38,500DWT
2,850TEU
H1 2017
2015
SAMSUNG
HYUNDAI MIPO
HANJIN
HYUNDAI SAMHO
SUNGDONG
CSBC, TAIWAN
YANGFAN
QINGDAO
WUCHUAN
YANGFAN
ZHOUSHAN WUZHOU
-
BUYERS
UNITS
MARAN TANKERS
POLEMBROS
SHIPPING
SOVCOMFLOT
ALTERNA CAPITAL
NYK LINE
DONG-A TANKER
THE HU
FALCON GROUP
KOREA LINE
UNITED FAITH
OFFSHORE
4
POLISH STEAMSHIP CO
4
2
ZHONGGU SHIPPING
2
3
6
1
4
1
4
4
OPT.
2
1
1
2
2
`
MARKET RATES PREVIOUS WEEK
CURRENT WEEK
+/-
BRENT
110,52
106,66
-3,86
GBP – USD
1,7166
1,7133
0,00
USD – K WON
1.008,45
1.013,40
4,95
USD – YEN
101,770
101,350
-0,42
EURO – USD
1,3659
1,3609
0,00
▼
▼
▲
▼
▼
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
7