as at November 06th 2015

Dry Bulk Sales per size during 2015

Sector No Vessels DWT Avg. age Invested Cap. ($)
6. Capesize A. Dry Bulk
11.93% 1. Small Bulk 13 217,613 17 $ 47.8m
(up to 19,999 dwt)
5. Post Panamax 2. Handysize 89 2,613,077 13 $ 595.8m
3.3% (20,000 - 39,999 dwt)
3. Supramax
120 6,066,342 13 $ 965.5m
4. Panamax (40,000 - 64,999 dwt)
28.43% 4. Panamax 112 8,466,222 10 $ 1,305.0m
(60,000 - 84,999 dwt)
3. Supramax 5. Post Panamax 13 1,204,800 9 $ 151.6m
30.46% (80,000 - 119,999 dwt)
6. Capesize 47 8,311,689 6 $ 1,319.0m
2. Handysize (120,000+ dwt)
22.59% Total 394 26,879,743 11 $ 4,384.6m

1. Small Bulk B. Tanker

3.3% 1. Minitank 46 262,997 13 $ 186.9m
(up to 9,999 dwt)
2. Prod/Chemical
56 852,636 10 $ 547.6m
(10,000 - 24,999 dwt)
3. MR 131 5,862,649 9 $ 3,694.7m
Tanker Sales per size during 2015 (25,000 - 59,999 dwt)
4. Panamax 24 1,754,948 7 $ 771.8m
7. VLCC (60,000 - 79,999 dwt)
16.47% 5. Aframax 53 5,836,565 7 $ 1,818.7m
(80,000 - 119,999 dwt)
6. Suezmax 6. Suezmax
11.06% 47 7,308,997 10 $ 2,042.0m
(120,000 - 199,999 dwt)
7. VLCC
5. Aframax (200,000+ dwt)
70 21,606,085 7 $ 4,828.6m
12.47%
Total 425 43,484,877 9 $ 13,890.1m
4. Panamax
5.65% C. Container Total 211 7,208,908 12 $ 2,444.8m

3. MR D. Gas Total 57 2,525,833 15 $ 3,993.4m

30.82%
E. Gen. Cargo Total
2. Prod/Chemical <10,000dwt 64 371,779 19 $ 58.7m
13.18% >10,000dwt 22 444,981 13 $ 161.7m
Total 86 816,760 17 $ 220.4m
1. Minitank
10.82% F. RoRo/Pax Total 14 34,968 25 $ 311.4m

G. Others Total 33 419,342 $ 618.3m

Grand Total 1,220 81,370,431 11 $ 25,863.0m

2
as at November 06th 2015

Vessels Sold per Month

Sector No Vessels DWT Avg. age Invested Cap.
units Invested Cap. ($)
A. Dry Bulk Total 467 32,931,315 10 $ 8,184.4m
2014
B. Tanker Total 550 49,321,377 9 $ 11,456.2m
Jan-14 212 $ 2,540.5m
C. Container Total 182 6,944,855 11 $ 1,862.9m
Feb-14 142 $ 2,225.8m
D. Gas Total 56 2,200,165 16 $ 1,917.1m
Mar-14 151 $ 3,329.5m
E. Gen. Cargo Total 161 1,770,434 17 $ 572.8m
Apr-14 129 $ 2,164.2m
F. RoRo/Pax Total 32 132,553 22 $ 384.2m
May-14 152 $ 3,089.3m
G. Others Total 75 521,087 $ 1,445.0m
Jun-14 92 $ 1,599.4m
Grand Total 1,523 93,821,786 11 $ 25,822.5m
Jul-14 101 $ 1,882.1m
Aug-14 98 $ 1,740.4m
Sep-14 131 $ 2,164.7m
Oct-14 79 $ 1,291.2m Sector No Vessels DWT Avg. age Invested Cap.
Nov-14 123 $ 1,685.5m A. Dry Bulk Total 515 34,523,233 11 $ 7,139.9m
Dec-14 113 $ 2,110.1m B. Tanker Total 439 30,220,375 10 $ 7,182.8m
Total 1,523 $ 25,822.5m C. Container Total 180 5,304,442 12 $ 1,840.7m
2015 D. Gas Total 58 1,200,669 13 $ 994.7m
Jan-15 133 $ 4,544.3m E. Gen. Cargo Total 140 1,495,899 17 $ 384.3m
Feb-15 97 $ 1,325.0m F. RoRo/Pax Total 13 57,696 29 $ 99.3m
Mar-15 102 $ 3,486.2m G. Others Total 35 161,673 $ 410.5m
Apr-15 115 $ 1,734.3m Grand Total 1,380 72,963,987 12 $ 18,052.1m
May-15 108 $ 1,939.6m
Jun-15 130 $ 3,146.0m
Jul-15 158 $ 2,754.2m
Aug-15 136 $ 3,361.7m
Sector No Vessels DWT Avg. age Invested Cap.
Sep-15 95 $ 1,540.2m
A. Dry Bulk Total 404 29,772,667 13 $ 5,232.3m
Oct-15 106 $ 1,550.7m B. Tanker Total 340 18,315,005 11 $ 4,118.4m
Nov-15 40 $ 480.8m C. Container Total 139 3,262,603 15 $ 1,022.4m
Dec-15 - - D. Gas Total 50 1,217,335 13 $ 829.6m
Total 1,220 $ 25,863.0m E. Gen. Cargo Total 120 1,137,589 18 $ 323.7m
F. RoRo/Pax Total 13 52,526 25 $ 0.3m
Vessels Sold 2014 Vs 2015 G. Others Total 39 752,070 $ 189.5m
Grand Total 1,105 54,509,795 14 $ 11,716.1m
UNITS 2014 2015
250

200
Sector No Vessels DWT Avg. age Invested Cap.
150 A. Dry Bulk Total 358 21,392,689 15 $ 5,765.8m
B. Tanker Total 305 22,974,133 10 $ 6,143.5m
100 C. Container Total 92 3,400,555 13 $ 2,178.4m
D. Gas Total 68 2,082,276 13 $ 1,469.2m
50 E. Gen. Cargo Total 158 1,897,210 19 $ 771.5m
F. RoRo/Pax Total 27 79,545 30 $ 80.0m
0 G. Others Total 74 1,384,851 $ 554.2m
July

October
January

August
April
May

September
March
February

November
June

December

Grand Total 1,082 53,211,259 15 $ 16,962.6m

Sector No Vessels DWT Avg. age Invested Cap.

A. Dry Bulk Total 498 31,533,848 14 $ 9,876.2m
B. Tanker Total 310 25,779,641 10 $ 7,311.5m
C. Container Total 162 4,972,895 11 $ 2,472.9m
D. Gas Total 40 674,762 16 $ 323.8m
E. Gen. Cargo Total 130 1,559,468 20 $ 521.9m
F. RoRo/Pax Total 27 63,324 25 $ 134.4m
G. Others Total 90 1,545,839 $ 2,119.9m
Grand Total 1,257 66,129,777 14 $ 22,760.6m

3
as at November 06th 2015

Buyer Nationality during 2015 - Top 10 Sellers Nationality during 2015 - Top 10
(No of vessels per sector) (No of vessels per sector)
Dry Bulk Tanker Container Gas Total Dry Bulk Tanker Container Gas Total
Greece 139 77 27 8 259 Greece 88 48 8 2 153
China 54 21 18 5 105 Germany 15 16 88 - 141
U. K. 12 20 17 1 55 Japan 74 28 20 8 137
Turkey 17 4 10 4 42 China 34 9 4 - 51
Norway 9 25 2 1 43 Singapore 8 46 2 1 59
Germany 4 2 26 - 39 U. S. A. 3 31 7 - 42
Denmark 2 22 7 - 32 Norway 3 24 1 4 41
Far East 10 10 6 2 28 S. Korea 17 12 4 - 35
Indonesia 5 8 3 4 21 Turkey 9 17 1 - 36
Vietnam 10 6 1 2 19 Hong Kong 17 2 8 - 27
undisclosed 7 13 8 - 32 undisclosed - - - - -
all other 125 217 86 30 545 all other 126 192 68 42 498
Total 394 425 211 57 1,220 Total 394 425 211 57 1,220

(Total Invested Capital per sector in US$) (Total Received Capital per sector in US$)
Dry Bulk Tanker Container Gas Total Dry Bulk Tanker Container Gas Total
Greece 1,949.3m 2,981.5m 524.0m 995.5m 6,482.1m Greece 786.2m 2,027.4m 156.0m 13.3m 3,019.1m
China 307.4m 599.7m 37.5m 153.0m 1,143.6m Germany 144.4m 354.4m 737.4m - 1,608.4m
U. K. 208.5m 919.1m 273.1m 20.0m 1,878.1m Japan 881.6m 357.1m 279.9m 206.1m 1,756.4m
Turkey 109.8m 26.5m 113.5m 34.3m 289.5m China 374.0m 315.6m - - 691.9m
Norway 128.9m 920.1m 15.0m 40.0m 1,113.8m Singapore 72.0m 2,437.8m 3.2m 27.0m 2,541.4m
Germany 21.7m 50.1m 371.9m - 756.5m U. S. A. 29.3m 1,472.5m 57.6m - 1,559.4m
Denmark 38.6m 568.3m 99.0m - 705.9m Norway 32.4m 1,203.4m 6.2m 67.5m 1,309.4m
Far East 57.0m 152.0m 21.5m - 230.5m S. Korea 116.5m 586.4m 9.5m - 713.9m
Indonesia 43.6m 140.0m 22.0m 206.0m 413.2m Turkey 60.9m 508.8m - - 578.8m
Vietnam 60.2m 65.2m 5.0m 42.3m 172.7m Hong Kong 158.1m 21.3m 59.8m - 239.2m
undisclosed 39.6m 141.7m 71.8m - 284.4m undisclosed - - - - -
all other 1,420.1m 7,326.0m 890.8m 2,502.3m 12,392.9m all other 1,729.4m 4,605.5m 1,135.2m 3,679.5m 11,845.2m
Total 4,384.6m 13,890.1m 2,444.8m 3,993.4m 25,863.0m Total 4,384.6m 13,890.1m 2,444.8m 3,993.4m 25,863.0m

4
as at November 06th 2015

Average Scrapping Age

Sector 2015 2014 2013 2014 2015
A. Dry Bulk 25.49 27.46 28.30 Sector No Of Vessels DWT No Of Vessels DWT
B. Tanker 30.87 27.88 25.87 A. Dry Bulk
C. Container 22.97 21.99 22.17 1. Small Bulk
32 342,708 21 255,733
D. Gas 29.78 30.49 31.55 (up to 19,999 dwt)
E. Gen. Cargo 32.43 31.40 31.55 2. Handysize 110 3,355,635 121 3,921,977
F. RoRo/Pax 42.55 34.14 33.78 (20,000 - 39,999 dwt)
G. Other 37.64 34.48 35.00 3. Supramax 69 3,047,134 54 2,396,002
Total 30.24 29.94 29.93 (40,000 - 64,999 dwt)
4. Panamax 69 4,736,068 70 4,924,452
Dry Bulk scrapping per size during 2015 (60,000 - 84,999 dwt)
5. Post Panamax 2 183,307 5 450,541
6. Capesize (80,000 - 119,999 dwt)
24.3% 6. Capesize
23 3,887,539 87 14,618,168
(120,000+ dwt)
5. Post Panamax Total 305 15,552,391 358 26,566,873
1.4%
B. Tanker
4. Panamax 1. Minitank
39 150,348 42 149,112
19.55% (up to 9,999 dwt)
2. Product/Chemical 21 311,037 14 222,781
3. Supramax (10,000 - 24,999 dwt)
15.08% 3. MR 43 1,630,997 19 623,391
(25,000 - 59,999 dwt)
2. Handysize
4. Panamax 8 522,004 7 470,366
33.8% (60,000 - 79,999 dwt)
1. Small Bulk 5. Aframax
26 2,422,244 5 479,027
(80,000 - 119,999 dwt)
5.87%
6. Suezmax 9 1,326,385 1 136,100
(120,000 - 199,999 dwt)
7. VLCC 13 3,811,292 3 837,760
(200,000+ dwt)
Total 159 10,174,307 91 2,918,537
Tanker scrapping per size during 2015
7. VLCC C. Container Total 165 5,666,468 71 2,122,371
3.3%
D. Gas Total 35 335,012 18 175,868
6. Suezmax
1.1% E. Gen. Cargo Total
5. Aframax <10,000dwt 296 1,208,612 106 447,434
5.49% >10,000dwt 82 1,673,747 44 1,054,634
Total 378 2,882,359 150 1,502,068
4. Panamax
7.69% F. RoRo/Pax Total 68 615,396 21 250,320
3. MR
20.88% G. Others Total 362 842,374 231 1,177,659
2. Product/Chemical
15.38% Grand Total 1,472 36,068,307 940 34,713,696
1. Minitank
46.15%

5
as at November 06th 2015

Vessels Scrapped per Month

units LDT Sector No Vessels DWT Avg. age LDT
2014 A. Dry Bulk Total 305 15,552,391 27.46 1,713,585
Jan-14 126 444,477 B. Tanker Total 159 10,174,307 27.88 1,110,037
Feb-14 117 390,678 C. Container Total 165 5,666,468 21.99 707,184
Mar-14 113 247,724 D. Gas Total 35 335,012 30.49 98,655
Apr-14 123 326,960 E. Gen. Cargo Total 378 2,882,359 31.40 512,004
May-14 146 409,260
F. RoRo/Pax Total 68 615,396 34.31 203,186
Jun-14 134 247,841
G. Others Total 362 842,374 162,915
Jul-14 95 222,941
Grand Total 1,472 36,068,307 29.94 4,507,566
Aug-14 159 391,001
Sep-14 110 262,814
Oct-14 98 485,276 Sector No Vessels DWT Avg. age LDT
Nov-14 113 577,931 A. Dry Bulk Total 438 23,189,310 28.37 4,073,033
Dec-14 138 500,663 B. Tanker Total 180 14,638,400 25.87 2,362,723
Total 1,472 4,507,566 C. Container Total 205 6,788,448 22.17 2,291,344
2015 D. Gas Total 22 356,145 31.55 164,718
Jan-15 137 541,941 E. Gen. Cargo Total 481 3,658,280 31.55 914,107
Feb-15 131 720,149 F. RoRo/Pax Total 85 919,362 35.97 578,692
Mar-15 139 774,246 G. Others Total 385 1,186,575 413,442
Apr-15 107 652,525 Grand Total 1,796 50,736,520 29.95 10,798,060
May-15 91 682,802
Jun-15 98 559,578
Jul-15 66 239,769
Aug-15 61 323,409
Sector No Vessels DWT Avg. age LDT
Sep-15 51 321,419
A. Dry Bulk Total 576 34,061,931 28.08 5,800,337
Oct-15 48 359,770
B. Tanker Total 206 13,635,059 26.51 2,323,432
Nov-15 11 166,983
C. Container Total 176 5,030,944 23.46 1,636,110
Dec-15 - -
D. Gas Total 21 218,936 32.52 102,264
Total 940 5,342,591
E. Gen. Cargo Total 530 5,152,684 30.91 1,182,901
F. RoRo/Pax Total 72 500,600 35.76 244,666
G. Others Total 400 2,881,374 806,466
Vessels Scrapped 2014 Vs 2015 Grand Total 1,981 61,481,528 29.67 12,096,176
UNITS 2014 2015
180
160
140 Sector No Vessels DWT Avg. age LDT
120 A. Dry Bulk Total 448 25,303,909 30.70 4,385,647
100 B. Tanker Total 235 10,730,622 29.67 1,884,898
80 C. Container Total 53 1,238,462 29.49 417,391
60 D. Gas Total 23 483,851 32.74 190,983
E. Gen. Cargo Total 621 4,902,790 33.28 1,269,398
40
F. RoRo/Pax Total 85 666,190 30.95 349,906
20
G. Others Total 470 1,640,910 581,037
0 Grand Total 1,935 44,966,734 32.30 9,079,260
July

October
January

August
May
April

September
March
February

November
June

December

Sector No Vessels DWT Avg. age LDT

A. Dry Bulk Total 175 7,626,502 31.03 1,202,827
B. Tanker Total 356 15,815,597 28.32 2,976,091
C. Container Total 95 2,423,464 26.53 741,571
D. Gas Total 36 659,004 29.03 266,571
E. Gen. Cargo Total 488 3,280,319 34.07 988,062
F. RoRo/Pax Total 144 1,549,482 34.81 960,358
G. Others Total 509 1,806,965 670,035
Grand Total 1,803 33,161,333 31.82 7,805,515

6
as at November 06th 2015

Demo Destination during 2015 - Top 5 Sellers Nationality during 2015 - Top 5
(No of vessels per sector) (No of vessels per sector)
Dry Bulk Tanker Container Gas Total Dry Bulk Tanker Container Gas Total
India 81 10 21 7 176 Greece 49 7 6 3 73
Bangladesh 106 16 13 4 175 Russia 5 2 - 1 28
China 71 4 21 2 132 Japan 15 2 3 - 24
Turkey 9 4 4 3 86 Singapore 10 5 - - 23
Pakistan 54 22 - - 79 Germany 3 - 10 1 20
Unk./Other 37 35 12 2 292 all other 276 75 52 13 772
Total 358 91 71 18 940 Total 358 91 71 18 940

(Total '000s DWT capacity per sector) (Total '000s DWT capacity per sector)
Dry Bulk Tanker Container Gas Total Dry Bulk Tanker Container Gas Total
India 5,596 269 623 50 7,409 Greece 4,301 168 219 10 4,873
Bangladesh 9,574 672 329 10 10,896 Russia 207 4 - 4 265
China 3,650 153 620 83 5,014 Japan 1,929 34 138 - 2,129
Turkey 271 48 195 9 1,086 Singapore 1,203 76 - - 1,325
Pakistan 5,233 970 - - 6,255 Germany 242 - 423 4 756
Unk./Other 2,244 807 357 24 4,054 all other 18,686 2,637 1,342 158 25,365
Total 26,567 2,919 2,122 176 34,714 Total 26,567 2,919 2,122 176 34,714

7
ALLIED SHIPBROKING INC. ALLIED CHARTERING S.A.
48, Aigialeias Street, 4th Floor, 48, Aigialeias Street, 4th Floor,
Maroussi 151 25, Greece Maroussi 151 25, Greece
Tel: +30 210 45 24 500 Tel : +30 210 42 88 100
Fax: +30 210 45 25 017/ 019 Fax: +30 210 45 24 201
E-mail: snp@allied-shipbroking.gr E-mail: drycargo@allied-chartering.gr

E-mail: tanker@allied-chartering.gr

Sale & Purchase Dry Cargo Chartering

AERAKIS GEORGE ALEXOPOULOS PANOS
MOBILE: +30 6946 04 57 37 MOBILE: +30 6944 34 66 15
BOLIS ILIAS DAOULAS SPYROS
MOBILE: +30 6937 02 65 00 MOBILE: +30 6932 27 88 40
DASKALAKIS GEORGE KANELLOS DIMITRIS
MOBILE: +30 6932 24 80 07 MOBILE: +30 6945 07 47 85
DRAKOGIANNOPOULOS STAVROS KAPPA ANGELIKI
MOBILE: +30 6932 20 15 65 MOBILE: +30 6975 85 60 84
DRAKOGIANNOPOULOS SAKIS KARAMANIS COSTAS
MOBILE: +30 6944 88 58 08 MOBILE: +30 6941 54 14 65
HATZIGEORGIOU NASSOS KARAMANI NATALIA
MOBILE: +30 6944 73 33 93 MOBILE: +30 6984 58 82 99
KARADIMAS COSTAS MANOLOPOULOS VASSILIS
MOBILE: +30 6932 20 15 64 MOBILE: +30 6988 88 13 05
KLONIZAKIS JOHN MAVRIKOU GEORGINA
MOBILE: +30 6948 50 55 81 MOBILE: +30 6974 18 07 84
KOSTOYANNIS JOHN PATELIS DIMITRIS
MOBILE: +30 6932 43 39 99 MOBILE: +30 6944 04 43 61
MANOLAS NIKOLAS THEODOTOS ARISTOFANIS
MOBILE: +30 6940 63 22 56 MOBILE: +30 6951 79 82 89
MOISSOGLOU THEODOROS TSALPATOUROU MARGARITA
MOBILE: +30 6932 45 52 41 MOBILE: +30 6934 74 22 16
PAPOUIS THASSOS Tanker Chartering
MOBILE: +30 6944 29 49 89 FLOURIS JOHN
MOBILE: +30 6955 80 15 03
PRACHALIAS ARGIRIS
MOBILE: +30 6947 62 82 62 FOUROULI STELLA
MOBILE: +30 6947 35 68 48
STASSINAKIS JOHN
MOBILE: +30 6972 60 92 09 PAPANTONOPOULOS NICOLAS
MOBILE: +30 6945 23 21 88
TOBALOGLOU EVAGELOS
MOBILE: +30 6932 40 56 20
TSALPATOUROS COSTIS
MOBILE: +30 6932 20 15 63
VARVAROS PLUTON
MOBILE: +30 6937 25 15 15
Maritime Research & Valuations
LAZARIDIS GEORGE
MOBILE: +30 6946 95 69 40

8
Disclaimer
The information contained within this report has been provided by Allied Shipbroking Inc. and Allied Chartering S.A. for general information
purposes.
All the information is compiled through Allied Shipbroking Inc. and Allied Chartering S.A. databases, as well as from other market sources. De-
spite having taken reasonable care in the gathering, filtering and auditing of this information and believing that the information is accurate and
correct, it may still contain errors, as a lot of the views regarding market levels are partially derived from estimates and/or subject judgments
while the reported transaction activity is gathered from several sources and rumors, some of which are sometimes hard to validate in full their
accuracy and truthfulness. As such we advise that the information be taken cautiously, while advising that this information does not obviate the
need to also make further enquiries and seek further information in order to obtain a more accurate outlook. As we make no warranties of any
kind, both expressed or implied, as to the completeness, accuracy, reliability or completeness of the information herein, Allied Shipbroking Inc.
and its connected persons shall not be held liable to any loss or damage of any kind, including direct, indirect and/or consequential damages
caused by negligence of any kind on our part.
Any choice to rely on this information provided is strictly at the recipient’s own risk.
This report and its information is confidential and solely for the internal use of its recipients, while any re-production or re-distribution of the
report and its material is strictly prohibited without prior permission from Allied Shipbroking Inc.
If you wish to subscribe to this or any other report we produce, please contact us directly.