monthly report baltic dry index - hellenic shipping news … · 2019-02-01 · riroil 1 6620 2003...

ATHENIAN SHIPBROKERS S.A. 107-109, Vas. Pavlou Str., GR 166 73, Voula , Athens, Greece

Tel: 210 9659700 - Fax: 210 8996040

Internet Mail: athenian(at)atheniansa(dot)gr

www.atheniansa.gr

January 2019

M O N T H L Y R E P O R T

0

200

400

600

800

1000

1200

1400

1600

1800

2000

Jan

-14

Ma

r-1

4

Ma

y-1

4

Jul-

14

Sep

-14

No

v-1

4

Jan

-15

Ma

r-1

5

Ma

y-1

5

Jul-

15

Sep

-15

No

v-1

5

Jan

-16

Ma

r-1

6

Ma

y-1

6

Jul-

16

Sep

-16

No

v-1

6

Jan

-17

Ma

r-1

7

Ma

y-1

7

Jul-

17

Sep

-17

No

v-1

7

Jan

-18

Ma

r-1

8

Ma

y-1

8

Jul-

18

Sep

-18

No

v-1

8

Jan

-19

Baltic Dry Index

PRICES TANKERS ($ MIO)

* Prices reflect Year’s End 2013 2014 2015 2016 2017 2018 Jan-19

VLCC 5Y 55.8 77.1 80 60 64 63 70.2

VLCC 10Y 35.0 52.1 55 40 41 40 46.9

SUEZMAX 5Y 39.5 56.8 60 40 43 42 48.3

AFRAMAX 5Y 27.8 41.9 46 29 32 32 34.8

AFRAMAX10Y 16.3 26.8 31 18 22 22 23.4

PANAMAX5Y 24.3 33.4 35 28 28 28 32.7

47K 5Y 23.3 23.8 28.9 22 25 25 28.1

45K 10Y 15.7 15.2 19.6 15.5 17.5 17.5 18.2

45K 20Y 6.2 6.5 8.5 5.1 5.5 5 5.4

PRICES BULKERS ($ MIO)

* Prices reflect Year’s End 2013 2014 2015 2016 2017 2018 Jan-19

CAPESIZE 5Y 43.9 39.5 25 24 33 33 33.6

CAPESIZE 10Y 31.0 27.8 13.6 15 20.5 23.5 26.2

CAPESIZE 15Y 18.2 16.3 8.5 8 13 14 14.8

CAPESIZE 20Y 10.1 9.0 5.6 5.5 7 7 6.8

KAMSARMAX 5Y 25.6 20.1 14 14 22.5 23.5 24.8

PANAMAX 10Y 17.9 14.6 8.5 8.5 14.5 14.5 14.4

PANAMAX 15Y 12.0 10.0 5 5.4 11 11 8.9

PANAMAX 20Y 7.5 5.4 3.6 3.6 6.5 6.5 6

SUPRAMAX 5Y 24.3 20.8 13.6 14 17.5 17.5 18.5

SUPRAMAX 10Y 17.4 13.8 8 9.5 13.5 14 14.4

HANDYMAX15Y 10.9 9.1 4.5 5.8 9.5 10.5 9.2

HANDYMAX20Y 6.4 6.2 3.5 2.8 6.5 6.5 5

www.atheniansa.gr ATHENIAN SHIPBROKERS S.A.

2

♦Prior 2017 76-78k dwt

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

0

10

20

30

40

50

60

70

80

90

Pri

ce (

US

D M

io)

Monthly Tanker Price Trend

VLCC 5Y VLCC 10Y SMAX 5Y AMAX 5Y

AMAX 10Y PMAX 5Y 47K 5Y 45K 10Y

0

10000

20000

30000

40000

50000

60000

70000

(US

D)

Monthly 1 Yr TC Rates

VLCC 1 Yr T/C SMAX 1 Yr T/C AMAX 1 Yr T/C

PMAX 1 Yr T/C MR 1 Yr T/C

0

10

20

30

40

50

60

Pri

ces

(US

D M

io)

Monthly Bulk Carrier Price Trend

CAPE 5Y CAPE 10Y CAPE 15Y

KMAX 5Y PMAX 10Y PMAX 15Y

SUPRA 5Y SUPRA 10Y HMAX 15Y

0

5000

10000

15000

20000

25000

30000

35000

(US

D)

Monthly 1 Yr TC Rates

CAPE 1 Yr T/C PMAX 1 Yr T/C

SUPRA 1 Yr T/C HMAX 1 Yr T/C


3

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

Ship Type Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Total

BULK 35 27 64 54 26 37 243

TANK 15 20 22 54 22 33 166

GAS 2 1 1 3 0 13 20

CONT 3 3 12 6 12 11 47

TWEEN/MPP 0 0 2 7 0 5 14

REEF 0 0 0 0 0 0 0

RORO 0 0 0 0 0 0 0

FERRY 0 0 0 0 0 0 0

CRUISE 0 0 0 0 0 0 0

Total 55 51 101 124 60 91 490

319

37

330

260

100

200

300

400

THIS MONTH - PREVIOUS MONTH

S&P Activity Dry(>5,000 Dwt)

AVAILABLE FOR SALE

REPORTED SOLD

PREVIOUS MONTH A/BLE FORSALEPREVIOUS MONTH SALES

189

22

266

54

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


4

TANKER SALES

NAME DWT BLT PRICE $ BUYER

DEFNE S 6405 2008 TURKEY DH 7.2 MIO UNIBALTIC SP (Marine Line)

RIROIL 1 6620 2003 RUSSIA DH 2 MIO TURKISH

SILVER QUEEN 8831 2003 JAPAN DH 6.9 MIO INDONESIAN (stst)

XINGHANG 21 11780 2019 CHINA DH 3.1 MIO ENBLOC BSS▼

XINGHANG 22 11780 2019 CHINA DH 3.1 MIO CHINESE (Price Each) (at auction)

TRANS BORG 11921 2000 JAPAN DH 5.2 MIO KOREAN (stst)

NORTHERN OCEAN 13781 1998 CHINA DH 5 MIO DANISH (stst / ss,dd due)

NJORD CLOUD 16882 2004 ITALY DH 6.9 MIO EUROPEAN (stst)

CHEMICAL AQUARIUS 18045 2012 CHINA DH 11.5 MIO GREEK (marine line)

BOW FUJI 19805 2006 JAPAN DH 11 MIO INDIAN (stst)

TORM CHARENTE 35751 2001 KOREA DH 6.05 MIO FAR EASTERN

CONTI EQUATOR 37527 2008 KOREA DH 11.5 MIO CONTI REEDEREI

GLOBAL GLORY 38800 2018 CHINA DH 57 MIO CHINESE (bbb)

FORMOSA SIXTEEN 45672 2007 CHINA DH 8 MIO GREEK (epoxy)

MARINE EXPRESS 45989 2009 JAPAN DH 16 MIO GREEK

HIGH GLOW 46847 2006 JAPAN DH 11.5 MIO INDIAN (epoxy)

TORM AMAZON 47275 2002 JAPAN DH 8.5 MIO INDIAN

FSL HAMBURG 47496 2005 KOREA DH 11.8 MIO GREEK

HYUNDAI VINASHIN S472 50000 2020 VIETNAM DH 34 MIO ENBLOC BSS▼

HYUNDAI VINASHIN S466 50000 2020 VIETNAM DH 34 MIO BELGIAN (Price Each)

GREEN HELLAS 51200 2014 KOREA DH 26 MIO CHINESE

PHOENIX DREAM 105784 2005 KOREA DH 14.5 MIO UK (epoxy)

BLUE RIVER 106638 2002 JAPAN DH 11.5 MIO GREEK

MAERSK PROSPER 109326 2001 CHINA DH 10.5 MIO GREEK

TELLEVIKEN 115340 2005 KOREA DH * ENBLOC BSS▼

519

521

910

350

450

550

650

750

850

950

4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 3

WEEK NO

Baltic Clean Tanker - Yearly

20192018

759

791

1250

450

650

850

1050

1250

1450

4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 3

WEEK NO

Baltic Dirty Tanker - Yearly

20192018

656

683

655

669

640

650

660

670

680

690

02/01/2019 09/01/2019 16/01/2019 23/01/2019

Baltic Clean Tanker - Monthly

982

930

873

874

800

850

900

950

1000

1050

02/01/2019 09/01/2019 16/01/2019 23/01/2019

Baltic Dirty Tanker - Monthly


5

TROVIKEN 115340 2005 KOREA DH * ENBLOC BSS▼

TOFTEVIKEN 115341 2005 KOREA DH 48.5 MIO UNDISCLOSED (ttl price)

NORDIC SPIRIT 151294 2001 KOREA DH 10.5 MIO TURKISH

ENERGY TROPHY 157470 2018 KOREA DH 62.5 MIO SWISS

FELICITY 157667 2009 KOREA DH 42 MIO JAPANESE

MILOS 158000 2016 KOREA DH 56 MIO OCEAN YIELD ASA (13 year bbb)

FOUR SMILE 160573 2001 KOREA DH 11.5 MIO TURKISH

PACIFIC GLORY 299999 2001 JAPAN DH 23.5 MIO KUNLUN HOLDINGS

GAS SALES

NAME DWT BLT CBM PRICE $ BUYER

CRIMSON GAS2 3805 2012 JAPAN 3450 11 MIO ENBLOC BSS ▼

CRIMSON GAS3 3805 2012 JAPAN 3450 11 MIO UNDISCLOSED (Price each)

JS GREENSTONE 15012 2014 CHINA 11808 25 MIO ENBLOC BSS ▼

JS GREENSAND 15016 2014 CHINA 11802 25 MIO ENBLOC BSS ▼

JS GREENSPEED 15019 2014 CHINA 11802 25 MIO ENBLOC BSS ▼

JS GREENSAIL 15022 2014 CHINA 11802 25 MIO ENBLOC BSS ▼

JS GREENSUN 15177 2013 CHINA 11807 25 MIO ENBLOC BSS ▼

JS GREENSKY 15188 2013 CHINA 11816 25 MIO ENBLOC BSS ▼

JS GREENSEA 15206 2013 CHINA 11816 25 MIO ENBLOC BSS ▼

JS GREENSTAR 15210 2013 CHINA 11816 25 MIO UNIGAS PARTNERS (Price Each)

JAG VISHNU 49353 1994 JAPAN 73878 10.5 MIO UNDISCLOSED

GAS JASMINE 49618 1990 JAPAN 73874 10 MIO CHINESE

OCEAN ORCHID 49995 2001 JAPAN 77947 24 MIO MIDDLE EASTERN


6

25500

30750

26500

0

10000

20000

30000

40000

50000

60000

Jan-18 Mar-18 May-18 Jul-18 Sep-18 Nov-18 Jan-19

$/D

ay

Spot Market - Tankers

VLCC

SUEZMAX

AFRAMAX

31000

23950

19200

10000

15000

20000

25000

30000

35000


$/D

ay

Period Market - Tankers 1 Year T/C

VLCC

SUEZMAX

AFRAMAX


7

BULKER SALES

NAME DWT BLT GEAR PRICE $ BUYER

YASEMIN 5830 1996 JAPAN 2X15 1.8 MIO TURKISH

DI XIANG 23309 2009 CHINA GLESS 5.3 MIO CHINESE (at auction)

NORD TOKYO 28343 2009 JAPAN 4X30.5 8.5 MIO GREEK

TRADE STAR 29627 2010 JAPAN 4X30.5 9.2 MIO UNDISCLOSED

AEC BELIEF 33540 2004 JAPAN 4X30.5 9.2 MIO CHINESE

OCEAN NEPTUNE 37189 2012 KOREA 4X30 13.8 MIO GREEK

NINGHAI 38800 2017 CHINA 4X30 19.5 MIO ENBLOC BSS ▼

NANNING 38940 2017 CHINA 4X30 19.5 MIO CHINESE (3 years bbb) (Price Each)

UNIORDER 47240 1997 JAPAN 4X30 4.5 MIO INDONESIAN

JIN ZHOU 50209 2001 JAPAN 4X30 7.38 MIO CHINESE

MERLIN 50296 2001 JAPAN 4X30 6.3 MIO MIDDLE EASTERN

SEA CONFIDENCE 52300 2005 JAPAN 4X30 9 MIO CHINESE

TOPAZ HALO 55612 2011 JAPAN 4X30 15.4 MIO GREEK

KAVALA SEAS 56380 2011 CHINA 4X30 12 MIO ENBLOC BSS ▼

PAROS SEAS 56780 2011 CHINA 4X30 12 MIO CHINESE (Price each)

SALFORD QUAY 56956 2011 CHINA 4X30 * ENBLOC BSS ▼

NORTH QUAY 57000 2010 CHINA 4X35 19 MIO CHINESE (Price ttl)

SSI EXPEDITION 56971 2010 CHINA 4X36 12.4 MIO CHINESE

CONTI LAPISLAZULI 57001 2011 CHINA 4X30 9.7 MIO GREEK

OCEAN COLOSSUS 58831 2010 JAPAN 4X30.5 15 MIO GREEK

LOCH NEVIS 61237 2016 JAPAN 4X30.7 24.5 MIO CHINESE (12 month tc)

ADVENTURE I 62472 2017 JAPAN 4X30 26.75 MIO INDIAN

SAGE SANAGA 63500 2013 CHINA 4X35 20.5 MIO JME NAVIGATION

QUEEN CUKI 63707 2015 CHINA 4X30 20 MIO USA

546

483

423

300

350

400

450

500

550

600

650

02/01/2019 16/01/2019 30/01/2019

Baltic Handysize

918

814

638

300

500

700

900

1100

02/01/2019 16/01/2019 30/01/2019

Baltic Supramax

1331

1045

748

450

650

850

1050

1250

1450

02/01/2019 16/01/2019 30/01/2019

Baltic Panamax

2117

1748

1726

1100

1400

1700

2000

2300

02/01/2019 11/01/2019 20/01/2019 29/01/2019

Baltic Capesize


8

ALICE OLDENDORFF 48000 2000 CHINA 4X30 * ENBLOC BSS ▼

HARMEN

OLDENDORFF 66187 2005 UKRAINE * ENBLOC BSS ▼

SOPHIE

OLDENDORFF 70037 2000 CHINA 100 MIO ALGOMA CENTRAL CORP (Total

Price,Self discharging)

NAVALIS 73144 1998 JAPAN 6.1 MIO CHINESE

MINOAN FLAME 73937 1998 JAPAN 6.2 MIO UNDISCLOSED

REBORN 74063 1999 JAPAN 6.2 MIO UNDISCLOSED

PADMINI 75700 2012 CHINA 12.5 MIO GREEK

BERNI 77548 1991 KOREA 13.5 MIO ENBLOC BSS ▼(self discharging)

CAROL 77549 1991 KOREA 13.5 MIO UNDISCLOSED (self discharging)

AN HO 77834 2004 CHINA 7.8 MIO UNDISCLOSED

GRAND AMANDA 79467 2011 CHINA 12.4 MIO UNDISCLOSED

CRYSTAL STAR 82172 2014 JAPAN 24.5 MIO GREEK

A NAVIGATION 93236 2010 CHINA 14.9 MIO CHINESE

MINERAL BEIJING 184083 2004 CHINA 13 MIO CHINESE

10050

79005600

0

5000

10000

15000

20000

25000


$/D

ay

Spot Market - BulkersCAPESIZE

PANAMAX

HANDYMAX

17600

10500

11200

8100

10100

12100

14100

16100

18100

20100

22100


$/D

ay

Period Market - Bulkers 1 Year T/CCAPESIZE

PANAMAX

SUPRAMAX


9

CONTAINER SALES

NAME DWT BLT GEAR TEU PRICE $ BUYER

SOFRANA

SURVILLE 12754 2012 KOREA 2X40 1049 13 MIO UNDISCLOSED

MUNICH TRADER 12918 1999 ROMANIA 2X40 1102 2.5 MIO CHINESE

TAMMO 17191 2011 CHINA 2X45 1345 8.5 MIO ENBLOC BSS ▼

ARIAN 17158 2011 CHINA 2X45 1345 8.5 MIO GREEK

ALIDRA 21331 2000 KOREA 2X45 , 1X40 1644 3.75 MIO VICTORIA OCEANWAY

ASTERIX 23792 2010 GERMANY 1698 8.75 MIO UNDISCLOSED

MSC DESIREE 109802 2017 CHINA 9408 90 MIO UNDISCLOSED (15 yr BB)

CSCL BOHAI SEA 121824 2014 CHINA 4X12.5 10036 * ENBLOC BSS ▼

CSCL SPRING 121849 2014 CHINA 4X12.5 10036 * ENBLOC BSS ▼

CSCL SUMMER 121805 2014 CHINA 4X12.5 10036 * ENBLOC BSS ▼

CSCL WINTER 121839 2014 CHINA 4X12.5 10036 66.75 MIO

FINANCIAL PRODUCTS

GROUP (ttl price)

MPP/TWEEN SALES

NAME DWT BLT GEAR TEU PRICE $ BUYER

KRYSSHOLM 4284 2011 NORWAY 26 5.5 MIO UNDISCLOSED

YING RICH 8708 1997 CHINA 2X200 650 1.1 MIO CHINESE

PIETRO BENEDETTI 9770 2012 CHINA 2X60 470 EUR 5.9 MIO FINNISH

LUCINA 9857 2004 ROMANIA 552 EUR 3.2 MIO UNDISCLOSED

PACIFIC FUTURE 29517 1998 CHINA 1X30, 2X29 1172 3.7 MIO CHINESE


10

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

Ship Type 2019 2020 2021+ Total

Capesize 93 73 25 191

Kamsarmax 158 86 10 254

Supra/Hmax 139 78 15 232

Handies 157 151 7 315

Total 547 388 57 992


ULCC/VLCC 63 38 5 106

Suezmax 29 25 4 58

Aframax 56 28 6 90

Panamax 13 11 8 32

MR+Small 84 39 4 127

Total 245 141 27 413


VLGC 19 22 0 41

LGC 0 0 0 0

MR 10 2 0 12

Handy 11 6 1 18

Small 13 3 0 16

Total 53 33 1 87

92.8

61.3

48.2

36.9

20

40

60

80

100

Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18 Jan-19

$m

Tanker Prices VLCC Suezmax

Aframax MR

50.8

27.926.4

24.2

10

15

20

25

30

35

40

45

50

55

Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18 Jan-19

$m

Bulker Prices Capesize Kamsarmax

Supramax Handysize


11

250

201

8

248

277

12

104

192

00

100

200

300

2017 2018 Jan-19

No

. o

f V

es

se

ls

Newbuilding Sales Tankers

Bulkers

Containerships

40.4

36.7

8.8

40.1

21.5

4

0

5

10

15

20

25

30

35

40

45

Jan-19 2020 2021+

m. d

wt

Delivery Schedule Bulkers

Tankers

19.8

4.67.2

1.1

6.5

0

5

10

15

20

25

January 2019

m.

dw

t

Tanker Newbuildings on Order VLCC Suezmax

Aframax Panamax

Products

19.9

11.1

6.8

2.6

0

5

10

15

20

25

January 2019

m. d

wt

Bulker Newbuildings on Order CapesizeKamsarmaxSupramaxHandysize

Newbuilding Historical Prices ($m)

Tankers Jan-19 2018 2017 2016 2015 2014 2013 2012 2010 2005 2000 1995 1990 1985

320,000 DWT1 92.4 92.4 81.5 84.5 93.7 97.3 93.8 93.2 104.8 120 76.5 85.3 87.4

2 38.2

170,000 DWT1 61.3 60.6 55 54.5 63 65.5 59.6 57.1 66.3 71.5 52.5 54 66.1

2 28.2

115,000 DWT1 48.2 48.1 44 44.5 52 53.6 52.2 48.5 56 58 41.5 43.3 53.2

2 18.1

50,000 DWT1 36.9 36.7 33.8 32.5 35.4 36.8 34.6 33.8 36.1 43 29.5 33.2

3 32.1

3 13.3

Bulkers

185,000 DWT1 50.8 50.4 44 42 46 54.2 53.6 45.7 57.2 58.5 40.5 42.3 60.2 29.3

83,000 DWT1 ♦

27.9 28.1 25.5 24.5 25.7 29 27.8 25.6 34.3 36 22.5 27.9 30 13.4

64,000 DWT♦ 26.4 26.2 24 22.3 24.1 27.2 26.5 23.7 31.1 31 20.5 24.1 25.3 12.4

35,000 DWT♦ 24.2 23.9 22 19.5 20.3 22.8 22.2 20.5 26.3 25.5 15 19.2 21.3 9.7

1 Before 2001 sizes to read 280,000 - 140,000 - 95,000 - 40,000 respectively for tankers and 150,000 - 69,000 for Bulkers

2 Single Hull

3 30,000

DWT ♦Prior 2017 to read 73 – 76k dwt, 45k dwt & 30k dwt

(note: above is for vessels built Japan / Korea, you should also consider US$ / Yen / Won relation for the years mentioned)


12

The Shipbuilding Market

TYPE DWT BUILDER DELIVERY PRICE $ OWNER NOTES

Accom. Unit Hayvard Leirvik 2021 ESVAGT

Bulk 210000 New Times SB 2020 Polaris Shipping Co

Bulk 210000 New Times SB 2020 Polaris Shipping Co

Bulk 210000 New Times SB 2021 Polaris Shipping Co Option

Bulk 210000 New Times SB 2021 Polaris Shipping Co Option

Bulk 59990 Taizhou Kouan SB 2020 Nanjing Twin Rivers

Bulk 59990 Taizhou Kouan SB 2020 Nanjing Twin Rivers

Chem & Oil 22000 Wuhu Shipyard 2021 Donsotank Rederi

Chem & Oil 22000 Wuhu Shipyard 2021 Donsotank Rederi

Chem & Oil 49700 GSI Nansha 2020 CSC Nanjing Tanker

Container 30000 Zhoushan Changhong 2020 Gerchicon

Container 30000 Zhoushan Changhong 2020 Gerchicon

Container 30000 Zhoushan Changhong 2020 Gerchicon Option







LNG 96000 Samsung HI 2021 179.8 mio Nippon Yusen Kaisha

LNG 96000 Samsung HI 2021 179.8 mio Nippon Yusen Kaisha

LNG 20000 Hyundai Mipo 2021 77.4 mio Knutsen OAS Shipping

LNG 20000 Hyundai Mipo 2021 77.4 mio Knutsen OAS Shipping Option

LNG 96000 Daewoo (DSME) 2021 185 mio BW Gas

LNG 96000 Daewoo (DSME) 2021 185 mio BW Gas

LNG 96000 Daewoo (DSME) 2022 185 mio BW Gas Option




LNG 96000 Samsung HI 2021 187 mio Undisclosed

LNG 96000 Hyundai Samho HI 2020 Nippon Yusen Kaisha



LNG 95000 Daewoo (DSME) 2021 Maran Gas Maritime

LNG 96000 Samsung HI 2021 185.5 mio Undisclosed

LNG 95000 Daewoo (DSME) 2021 Undisclosed

Pass/Car Cat Austal Vietnam 2020 72.2 mio NIDCO

Products 10000 AVIC Dingheng SB 2020 Ningbo Marine Co Ltd

Products 114000 COSCO HI Yangzhou 2020 48.8 mio First Ship Lease

Products 114000 COSCO HI Yangzhou 2021 48.8 mio First Ship Lease

Products 114000 COSCO HI Yangzhou 2021 48.8 mio First Ship Lease Option

Products 114000 COSCO HI Yangzhou 2021 48.8 mio First Ship Lease Option

PSV 4000 Wuchang SB Group 2020 COSL







Tanker 158000 Hyundai HI (Ulsan) 2020 Ciner Denizcilik




Tanker 158000 Daehan Shipbuilding 2020 Enesel SA

Tanker 158000 Daehan Shipbuilding 2020 Enesel SA

Tanker 158000 Daehan Shipbuilding 2021 Enesel SA Option

Tanker 158000 Daehan Shipbuilding 2021 Enesel SA Option


13

D E M O L I T I O N M A R K E T

* M O N T H ’ S E N D P R I C E S

Demolition Historical Data

430

180

230

280

330

380

430

480

530

580

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

US

D/t

on

Price Tankers* 2016 2017

2018 2019

*India month's end prices

420

180

230

280

330

380

430

480

530

580

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

US

D/t

on

Price Bulkers*2016 2017

2018 2019

*India month's end prices

25.6

14.5

4.9 2.354.6 3.8

15.916.7

18.915.5

1815.6

25

30.5

22.4

28.4 28.5 27

10 5.56.5 5

12

28.925.7

31.58

50.3

41.8

34.3

38.844.6

35.2

30.4

0.7

0

10

20

30

40

50

60

Mil

lio

n d

wt

Total Demolition (Dwt)

* Bss reported sales

Demolition Prices

Gen Cargo Tanker

India USD 420 /lt Ldt USD 430 /lt Ldt

Bangladesh USD 425 /lt Ldt USD 440 /lt Ldt

Pakistan USD 415 /lt Ldt USD 430 /lt Ldt

China USD 150 /lt Ldt USD 160 /lt Ldt


14

HISTORICAL DEMOLITION PRICES (*Indian Year’s End)

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 CURR

TANK 135 174 262 362 302 405 507 287 338 485 482 405 435 425 300 300 440 435 430

BULK 135 181 267 381 332 392 472 268 328 437 456 375 410 400 285 280 425 425 420

India

TYPE NAME DWT BLT LDT PRICE $/LDT COMMENTS

BULK JASA BAKTI 12308 1992 13773 436 Including 900t rob

CONT MSC MIRELLA 27978 1972 11020 440

CONT SERVAL 13700 1995 5825 450

Bangladesh


BULK MAMITSA XL 150393 1995 20536 420

BULK K. PROMISE 150877 1994 17972 423

BULK KEN HO 22271 1989 5002 350

BULK SHINE HO 17071 1984 5247 355 As is Kaohsiung

CONT CSL VIRGINIA 66644 2005 21188 488

CONT KOTA HARMUNI 17626 1997 5313 458

CONT PRINCESS OF LUCK 24346 1997 7278 446

CONT CONTI BASEL 68200 2003 24337 470

GAS MAREGAS 5681 1991 2457 520

MISC LIMANSKIY 911 1985 1832 428

REEF MING HANG 8 11797 1984 4961 430

REEF OCEAN STAR 98 7690 1986 4022 408

RORO PERSEY 9989 1983 4094 440

TANK TSEZAR 3324 1980 1862 445

TANK HARMONY SEVEN 33836 1989 6328 446

TANK MARONI 43260 1981 8949 425

TANK KYRIAKOULA 72353 2003 13795 457

TANK MARINE STAR 299700 1994 40970 410

TWEEN ARKAIM 3 3760 1982 1767 430

TWEEN HARIN TRANSPORT 16 1750 1979 695 390

0

100

200

300

400

500

600

US

D/t

on

Historical Demolition Prices (India Year's End)

TANKERS

BULKERS

Avg. Trend


15

China


N/A N/A N/A

Pakistan


N/A N/A N/A

Turkey


N/A N/A N/A

Other


CONT EVER ALLY 15606 1996 7004 420

CONT EVER APEX 15606 1997 7004 400 As is Kaohsiung

CONT EVER ABLE 15606 1996 7004 380 As is Taiwan

CONT EVER ULTRA 63388 1996 24018 425 As is Taiwan

CONT EVER UNION 63388 1997 24018 440 As is Colombo

CONT MARENO 17705 2000 5996 440 Including 290t ROB

CONT BOXY LADY 18447 1996 6758 460 Bangladesh/India

TANK EUROVISION 71345 2000 15555 425 As is Singapore

TANK EAGLE BIRMINGHAM 99343 1997 16700 443 As is Singapore


16

H I S T O R I C A L B U N K E R P R I C E S

HISTORICAL BUNKER PRICES

Rotterdam Fujairah Houston

380 cst MGO 380 cst MGO 380 cst MGO

1993 67 150.5 70 202.5 71.1 160.6

1994 86 133.2 80.9 182.6 80.8 148.8

1995 97 140.6 94.6 175.8 93.2 148

1996 107 175.1 104.4 207.5 105.8 186

1997 92 155.4 99.3 205.6 97.3 179.9

1998 66.5 112.2 69.2 152.2 67.2 136.9

1999 94 133 98.5 157.2 93.3 143.9

2000 139 231.6 155.3 263.5 136 255.7

2001 116 192.4 129.7 244.7 112.8 227.5

2002 135 188.2 145.9 222.8 134 196

2003 151 230.4 166.3 265.2 160.2 265.1

2004 154 313.4 176.7 359.3 167.3 328.7

2005 236 458.4 256.6 500.1 248.3 508.5

2006 195 524.1 310.9 631.8 303 562.3

2007 347 571.3 373.7 664.7 351.8 608.6

2008 469 850.7 509.4 1037.7 496.8 933.2

2009 355 490.6 372.8 657 360.7 525

2010 452 667.1 468.2 712.9 449.3 683

2011 548 848.6 587.5 897.5 542.1 862.4

2012 585 920 606 1005 610 1005

2013 585 920 620 1010 580 985

2014 310 570 350 880 315 695

2015 140 311 170 560 140 360

2016 307 472 340 546 310 525

2017 367 579 376 627.5 356 612

2018 315 490 335 732 362 567

31-Jan-19 378.5 547 395 725 385 595

0

100

200

300

400

500

600

700

800

US

D/t

on

Bunkers Cost (380 cst)

Rotterdam

Fujairah

Houston

Average Trend

0

200

400

600

800

1000

1200

US

D/t

on

Bunkers Cost (MGO)

Rotterdam

Fujairah

Houston

Average Trend


17

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 0.573602 0.86975 0.006959 0.765953 0.760887 0.544621

CAD 1.742828 1 1.51603 0.01213 1.335055 1.326318 0.949339

EUR 1.14948 0.659442 1 0.008 0.880593 0.874755 0.626167

JPY 143.6703 82.41992 124.97497 1 110.05684 109.33063 78.25966

CHF 1.305213 9.748768 1.135388 0.009084 1 0.993247 0.710937

USD 1.314035 0.753859 1.143037 0.009145 1.006588 1 0.715771

AUD 1.185482 1.053012 1.596747 0.012775 1.40603 1.396828 1 * 30/01/2019 values

60

70

80

90

100

110

120

130

0.40

0.60

0.80

1.00

1.20

1.40

1.60

1.80

USD

-JP

Y

USD

-EU

R

CurrenciesUSD-EUR

USD-JPY

0.00

20.00

40.00

60.00

80.00

100.00

120.00

140.00

160.00

$/B

arr

el

Brent Oil


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 2.22 2.14 3.7 3.46 2.05

Diana Shipping Inc. DSX 3.02 3.22 -6.2 5.16 2.90

Dryships Inc. DRYS 5.18 5.51 -6 7.22 2.74

Dynagas LNG Partners LP DLNG 2.82 3.30 -14.5 11.79 2.60

Eagle Bulk Shipping Inc. EGLE 4.14 4.43 -6.5 6.14 3.96

Euroseas Ltd. ESEA 0.75 0.61 23 3.87 0.53

Costamare Inc. CMRE 5.04 4.51 11.8 8.39 4.20

Navios Maritime Holdings NM 2.52 2.90 -13.1 13.65 2.00

GasLog Ltd. GLOG 17.72 16.89 4.9 23.14 15.75

Safe Bulkers Inc. SB 1.64 1.80 -8.9 4.00 1.48

Star Bulk Carriers Corp. SBLK 7.61 8.95 -15 15.38 6.90

Stealthgas Inc. GASS 3.12 2.98 4.7 4.60 2.73

TEN Inc. TNP 3.24 2.74 18.2 4.01 2.56

TOP Ships Inc. TOPS 0.92 0.81 13.6 3.49 0.69

Diana Containerships Inc. DCIX 0.82 0.70 17.1 3.69 0.56

Danaos Corporation DAC 0.85 0.66 28.8 2.50 0.56

Aegean Marine Petroleum ANW 0.03 0.03 7.1 5.05 0.02 * 30/01/2019 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,

ATHENIAN SHIPBROKERS S.A.

monthly report baltic dry index - hellenic shipping news … · 2019-02-01 · riroil 1 6620 2003...

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