ISO Certified by Germanischer Lloyd Copyright by Allied Shipbroking Inc Greek Listed Companies Last Fridays Closing Weekly Difference NYSE 8047,86 -54,21 NASDAQ 3069,79 -6,80 Dry Ships 2,31 0,08 Navios 3,55 -0,11 Excel 0,5169 0,02 Diana 6,77 -0,26 Top Ships 1,25 0,00 TEN 5,72 0,18 Stealth Gas 6,23 0,16 Capital Product Partners 7,71 -0,09 Euroseas 1,16 0,00 Danaos 4,09 0,03 Costamare 12,72 0,07 Monday, August 27, 2012 - Week 35 The Week at a Glance “Oil rises” West Texas Intermediate futures added 1.1%, raising oil prices in New York to a three month high. This was caused by wide speculation that both the U.S. and China will proceed in the near future to an ease of monetary policy for the much needed growth stimulation. Brent for October delivery was $ 116.02 pb while WTI $ 98.08. This rise in fuel will most probably leak over to the food industry. U.S. consumers may pay 3% - 4% more for food next year, since processing, labor, packaging and other costs dominate the retail and restaurant prices for food, making the cost of corn less important to consumers than the price of fuel needed to transport it. In steel, Chinese producers are reluctant to hit the brake on their output in spite of softening demand. The latest data show a 1.1% increase in August throwing off expectations for a decline in volume output. Many analysts appear very confused and fear that a serious price crash is to follow. Baltic Dry Indices* Last Fridays Closing Weekly Difference Baltic Dry Index 717 3 Baltic Cape index 1124 29 Baltic Panamax Index 828 22 Baltic Supramax Index 853 12 Baltic HandySize Index 474 -22 Newbuilding Prices 5/2012 6/2012 7/2012 8/2012 VLCC 300,000 $97 $92 $92 $92 SUEZMAX 150,000 $59 $58 $58 $58 AFRAMAX 113,000 $49 $48 $48 $48 PANAMAX 72,000 $43 $41 $41 $41 PRODUCT 47,000 $34 $33 $33 $33 CAPESIZE 175,000 $47 $47 $47 $47 KAMSARMAX 81,000 $31 $31 $31 $31 SUPRAMAX 50,000 $27 $27 $27 $27 HANDYSIZE XS 28,000 $22 $22 $22 $22 Brent Prices Currencies* Last Fridays Closing Weekly Difference EURO/USD 1,2517 0,02 USD/JPY 78,665 -0,90 USD/CNY 6,3557 0,00 *The above tables show last Friday's closing including the weekly balance.
Transcript
ISO Certified by Germanischer Lloyd Copyright by Allied Shipbroking Inc
Greek Listed Companies Last Fridays Closing Weekly Difference
NYSE 8047,86 -54,21
NASDAQ 3069,79 -6,80
Dry Ships 2,31 0,08
Navios 3,55 -0,11
Excel 0,5169 0,02
Diana 6,77 -0,26
Top Ships 1,25 0,00
TEN 5,72 0,18
Stealth Gas 6,23 0,16
Capital Product Partners 7,71 -0,09
Euroseas 1,16 0,00
Danaos 4,09 0,03
Costamare 12,72 0,07
Monday, August 27, 2012 - Week 35 The Week at a Glance “Oil rises”
West Texas Intermediate futures added 1.1%, raising oil prices in New York to a three month high. This was caused by wide speculation that both the U.S. and China will proceed in the near future to an ease of monetary policy for the much needed growth stimulation. Brent for October delivery was $ 116.02 pb while WTI $ 98.08. This rise in fuel will most probably leak over to the food industry. U.S. consumers may pay 3% - 4% more for food next year, since processing, labor, packaging and other costs dominate the retail and restaurant prices for food, making the cost of corn less important to consumers than the price of fuel needed to transport it. In steel, Chinese producers are reluctant to hit the brake on their output in spite of softening demand. The latest data show a 1.1% increase in August throwing off expectations for a decline in volume output. Many analysts appear very confused and fear that a serious price crash is to follow.
Baltic Dry Indices* Last Fridays Closing Weekly Difference
Baltic Dry Index 717 3
Baltic Cape index 1124 29
Baltic Panamax Index 828 22
Baltic Supramax Index 853 12
Baltic HandySize Index 474 -22
Newbuilding Prices 5/2012 6/2012 7/2012 8/2012
VLCC 300,000 $97 $92 $92 $92
SUEZMAX 150,000 $59 $58 $58 $58
AFRAMAX 113,000 $49 $48 $48 $48
PANAMAX 72,000 $43 $41 $41 $41
PRODUCT 47,000 $34 $33 $33 $33
CAPESIZE 175,000 $47 $47 $47 $47
KAMSARMAX 81,000 $31 $31 $31 $31
SUPRAMAX 50,000 $27 $27 $27 $27
HANDYSIZE XS 28,000 $22 $22 $22 $22
Brent Prices
Currencies* Last Fridays Closing Weekly Difference
EURO/USD 1,2517 0,02
USD/JPY 78,665 -0,90
USD/CNY 6,3557 0,00
*The above tables show last Friday's closing including the weekly balance.
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
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Secondhand Sales
Dry Sector
SIZE INDEX W-O-W CHANGE AVG T/C RATES W-O-W CHANGE TREND
BDI 717 3
CAPESIZE 1124 29 2.927 148 STRONGER
PANAMAX 828 22 6.586 166 STRONGER
SUPRAMAX 853 12 8.918 120 STRONGER
HANDYSIZE 474 22 6.858 321 WEAKER
Bulk Carrier
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment
HAKODATE 853 31570 10/2012 JAPAN 0 4 X 30,5t CRANES Mitsubishi 22.000.000 USD SOLD TO UNDISCLOSED BUYERS
OCEAN BRIDGE 45766 1998 JAPAN 0 4 X 25t CRANES B&W 9.200.000 USD SOLD TO UNDISCLOSED BUYERS - SS/DD DUE 01/2013
ROSANNA D 58000 10/2012 CHINA,
PEOPLE'S REPUBLIC OF
0 4 X 35t CRANES MAN-B&W 22.000.000 USD SOLD TO UNDISCLOSED BUYERS
BULK LOYALTY 176000 06/2012 CHINA,
PEOPLE'S REPUBLIC OF
0 - MAN-B&W 37.000.000 USD SOLD TO GREEK BUYERS (GOLDEN UNION)
UNIVERSAL ARIAKE 153 205000 08/2013 JAPAN 0 - MAN-B&W 52.000.000 USD SOLD TO JAPANESE BUYERS (MOL)
Container
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment
HANSA BERLIN 12582 1993 POLAND 1016 2 X 40t CRANES B&W 3.000.000 USD SOLD TO MALAYSIAN BUYERS NILEDUTCH
CONGO 26337 1996 GERMANY 1906 3 X 45t CRANES MAN-B&W 5.000.000 USD SOLD TO GREEK BUYERS
General cargo
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment THIEN QUANG
09 6082 1986 JAPAN 0 - Akasaka 2.000.000 USD
LONG BIEN 6846 1989 JAPAN 0 4 X 25t CRANES Hanshin 2.000.000 USD
SOLD EN BLOC TO UNDISCLOSED BUYERS - RGN USD 4.000.000 EN BLOC
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
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B a l t i c D r y I n d i c e s
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
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
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S e c o n d h a n d S a l e s S t a t i s t i c s
Current Secondhand Activity per Sector/ Size/ Invested Capital During 2012
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
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Invested Capital in Secondhand Vessels per month as of January 2011
32 % O THE R1 % US A3 % GE R MA NY3 % K OR E A S O UTH5 % TURK E Y1 % UNITE D K ING DO M2 % S INGA P OR E3 % IND ONE S IA15 % C HINA P E O PLE 'S R E P UBLIC O F17 % UNKNO W N19 % G RE E C E
Wet Sector - Buyers' Nationality
3 9 % O T HER4 % US A0 % G ER M A NY3 % K O R E A SO UT H2 % T UR KE Y7 % UNIT E D K ING D O M6 % S ING A P O RE4 % IND O NE S IA1 % C HINA P E O PL E 'S R E P UBL IC O F1 7 % UNK NO W N1 6 % G RE E C E
Container Sector - Buyers' Nationality
1 6 % O T HE R1 % US A8 % G E R M A NY3 % K O R E A S O UT H1 % T URK E Y0 % UNIT E D K ING DO M5 % S ING A P O R E7 % IND O NE S IA1 0 % C HINA P E O PL E 'S R E P UBL IC O F2 3 % UNKNO W N2 6 % G RE E C E
Graph - Invested Capital in Secondhand Vessels per month as of January 2011
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
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New Building Orders
Bulk Carriers
Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date
BC 2 36,000 QINGSHAN SHIPYARD - WILMAR HOLDINGS 2014
BC 1 82,000 TSUNEISHI ZHOUSHAN - MITSUBISHI 2014
BC 3 82,000 TSUNEISHI ZHOUSHAN - KAMBARA KISEN 2014
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
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Demolition Sales
Type Vessel's Name DWT Built Country LDT Price/ ldt Sale's Comment
CONTAINER SAINT ANDREAS 4844 1983 SPAIN 2866 346 SOLD TO TURKEY
GAS TANKER GAS OPTIMAL 7734 1985 SPAIN 3364 355 SOLD TO TURKEY UNDER TOW GENERAL
CARGO AIUD 14527 1988 ROMANIA 6752 - SOLD TO INDIA ON PRIVATE TERMS
BC VICTORIA 16653 1979 UNITED KINGDOM 5150 428 SOLD TO INDIA
BC HONG QI 204 19131 1981 CHINA,
PEOPLE'S REPUBLIC OF
19131 290 SOLD TO CHINA
BC SAFE RISE 21939 1980 JAPAN 5125 411 SOLD TO BANGLADESH
CONTAINER NORTHERN FELICITY 22278 1994 KOREA, SOUTH 7730 435 SOLD TO INDIA ON "AS IS JEBEL ALI" BASIS
CONTAINER CONTI LA SPEZIA 23596 1990 GERMANY 6710 - SOLD TO INDIA ON PRIVATE TERMS
CONTAINER AFRICA STAR 26152 1988 GERMANY, FEDERAL
REPUBLIC OF 7538 - SOLD TO INDIA ON PRIVATE TERMS
BC LADY SERA 27019 1982 SPAIN 6406 415 SOLD TO INDIA
BC OCEANLINE I 27386 1978 JAPAN 7512 415 SOLD TO BANGLADESH
BC JOANNA A 36537 1985 JAPAN 7230 423,5 SOLD TO BANGLADESH
BC DOVER 38097 1981 BRAZIL 9106 437,5 SOLD TO INDIA
BC ORIGINATOR 38594 1985 JAPAN 7750 435 SOLD TO INDIA
CONTAINER NORTHERN VITALITY 40004 1997 KOREA, SOUTH 10993 375 SOLD TO INDIA ON "AS IS GERMANY" BASIS
BC FOX MAIDEN 40902 1985 JAPAN 9248 448 SOLD TO INDIA
CONTAINER NORTHERN DIGNITY 45217 1995 KOREA, SOUTH 14435 455 SOLD TO INDIA ON "AS IS SINGAPORE" BASIS WITH 400 TONS IFO AND 50 TONS MGO
BC SUBIC STAR 64964 1984 KOREA, SOUTH 11889 450 SOLD TO INDIA WITH FULL SPARES
TANKER NAROVA 143895 1992 JAPAN 23939 435 SOLD TO PAKISTAN
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
Whilst every care has been taken in the preparation of this report, no liability can be accepted for any loss incurred in any way whatsoever by any person relying on the information contained herein.
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.
