19 OCTOBER 2020

WEEK 42 S&P
Market Report

Dry BC Baltic Indices

Date BALTIC DRY INDEX BALTIC CAPE INDEX BALTIC PMX INDX BALTIC SUPRAMAX BALTIC HANDYSIZE
BDI BCI BPI BSI BHSI
This WK 1409 2219 1298 976 599
Week Ch. -398 -1077 -145 -6 3
Previous 1807 3296 1443 982 596

Graph

Dry BC Baltic Time Charter Weighted Average routes

CAPE 180K TES 82 K LME 74K TESS 58K HANDY 38K
Date
T/C AVE in $ T/C AVE in $ T/C AVE in $ T/C AVE in $ T/C AVE in $

This WK 18.402 11.681 10.345 10.741 10.776

Week Ch, -8931 -1305 -1305 -64 47
Prev, WK 27.333 12.986 11.650 10.805 10.729
Dry BC Time Charter Period indicative ideas (on Average)

Date CAPE 180k in $ KAMSAR 82k in $ PANAMAX 76k in $ UMAX in $ SUPRA TESS 58k $ HANDY 32k in $

SHORT 14,000 11,750 10,750 ATL13,500/PAC10,500 ATL12,500/PAC10,000 ATL10,500/PAC7,250

1-YR 13,000 11,250 10,500 ATL11,750/PAC10,500 ATL11,000/PAC10,000 ATL8,250/PAC7,250
2-YRS N/A N/A N/A N/A N/A N/A
5-YRS N/A N/A N/A N/A N/A N/A

Wet Baltic Indices & TCE Full Route plus Baltic LPG
Baltic DIRTY Baltic CLEAN VLCC SUEZMAX AFRAMAX MR ATLANTIC LPG 44000MT
Date
Tanker Index Tanker Index TCE in $ TCE in $ TCE in $ TC routes in $ MidEast-Japan Route
This WK 420 350 5.013 -963 1.390 6.510 63.214
Week Ch. 10 -7 1596 -886 1610 -1.055 4071
Previous 410 357 3.417 -77 -220 7.565 59.143

BSPA as reported (5 years old vessels) BDA

Type Size Size (MT) Price in $m Sentiment Type Place LDT (LT) Price Sentiment

$/LDT
TANKER VLCC 305000 67.198 ꜜ TANKERS SUBCON 15000 - 25000 358.5 ꜛ
AFRAMAX 115000 36.318 ꜜ
MR PRODUCT 51000 26.398 ꜜ CONTAINERS SUBCON 6000 - 10000 N/A N/A
BULKERS CAPESIZE 180000 32.062 ꜜ
PANAMAX 82500 21.118 ꜜ BULKERS SUBCON 7000 - 12000 360.63 ꜛ
SUPRAMAX 58328 15.157 ꜜ

Greek Listed Companies Traded in the US Stock Exchange

TICKER TITLE OF SHARE LAST TRADED CHANGE PAST WEEK MARKET CAP EPS P/E
CMRE Costamare Inc. 6.82 -0.38 6.44 842.436M -0.02 5.93
CPLP Capital Product Partners L.P. 7.69 0.58 7.11 143.212M 1.31 5.20
DAC Danaos Corporation 9.51 0.92 8.59 218.307M 6.45 1.23
DLNG Dynagas LNG Partners LP 2.52 -0.2 2.61 89.922M 0.0730 3.66
DSX Diana Shipping Inc. 1.41 -0.09 1.46 125.878M -14.820 -6.41
EGLE Eagle Bulk Shipping Inc. 16.64 -0.7 17.34 183.213M -3.88 9.40
ESEA Euroseas Ltd. 3.10 0.04 3.06 17.249M 0.3420 4.67
GASS StealthGas Inc. 2.73 -0.1 2.83 103.353M 0.3090 2.31
GLBS Globus Maritime Limited 0.13 -0.01 0.14 22.827M -7.0760 -
GLOG GasLog Ltd. 2.84 0.05 2.79 270.124M -1.8140 6.04
LPG Dorian LPG Ltd. 9.03 0.12 8.91 459.193M 2.23 5.08
NM Navios Maritime Holdings Inc. 1.73 -0.14 1.87 23.2973M -19.1220 0.29
NMM Navios Maritime Partners L.P. 6.27 -0.34 6.61 68.673M -6.37 1.52
PXS Pyxis Tankers Inc. 0.93 -0.05 0.98 20.053M -0.3180 10.33
SB Safe Bulkers, Inc. 0.99 -0.09 1.08 101.856M -0.2590 4.53
SBLK Star Bulk Carriers Corp. 6.81 -0.14 6.95 653.24M -0.13 6.30
SHIP Seanergy Maritime Holdings Corp. 0.46 -0.05 0.51 30.777M -2.8190 -1.19
Tsakos Energy Navigation
TNP 8.03 0.05 7.98 150.811M 0.81 1.86
Limited
TOPS Top Ships Inc. 1.15 -0.1 1.25 45.608M -6.3430 -5.45

Carriers Chartering Corp. S.A.

Kaplanon 7 & Massalias Street, 106 80 Athens, Greece. Tel: +30-210 3668700 / Fax: +30-210 3631493 / www.carriers.gr
Email Address: snp@carriers.gr, capespmx@carriers.gr, handy@carriers.gr

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 S&P transactions Reported
19 OCTOBER 2020

WEEK 42 S&P
Market Report

New Building Contracts

TYPE NO SIZE YARD DEL MIL$ OWNERS COMMENTS
OCEAN YIELD,
SUEZMAX 2 157,000 DWT SAMSUNG 2022 UNDISCLOSED
NORWAY
LNG 6 174,000 CBM DAEWOO 2023 283.3 EACH UNDISCLOSED

Second Hand Market

Bulk Carriers Reported Sold
NAME TYPE DWT BUILT YARD PRICE BUYERS COMMENTS
SHIN-EI BC 207.933 2008 UNIVERSAL TSU 18,90 SEACON
COLOGNY BC 180.643 2011 TSUNEISHI CEBU 22,00 UNDISCLOSED
HUGE HAKATA BC 180.643 2012 TSUNEISHI CEBU 23,00 ZODIAC
CHINA STEEL BC 175.775 2002 CHINA KAOHSIUNG 9,20 EDDIE
INTEGRITY STEAMSHIP
CHINA STEEL BC 175.775 2003 CHINA KAOHSIUNG 9,20 EDDIE
RESPONSIBIL STEAMSHIP
BTG EIGER BC 81.031 2016 JAPAN MARINE UTD - MAI 46 EN BLOC NEDA
BTG EVEREST BC 81.014 2015 JAPAN MARINE UTD - TSU - NEDA
IRON KOVDOR BC 72.474 1998 SASEBO SASEBO 3,95 CHINESE
SBI PHOENIX BC 63.310 2017 CHENGXI SHIPYARD CO LT 17,00 NAVIGARE
SBI SAMSON BC 63.310 2017 CHENGXI SHIPYARD CO LT 17,00 NAVIGARE
WEST TREASURE BC 61.292 2014 IWAGI 15,85 JAPANESE
SBI HERA BC 60.425 2016 MITSUI CHIBA ICHIHARA 18,50 UNDISCLOSED
ORIENT GRACE BC 58.620 2012 KAWASAKI HI - SAKAIDE 12,30 UNDISCLOSED
CAS AMARES BC 55.783 2011 HYUNDAI VINASHIN 8,85 UNDISCLOSED
YUTAI BREEZE BC 55.088 2010 NANTONG OCEAN 9,85 INDONESIAN
UNICO SIENNA BC 34.328 2012 DAESUN 8,00 UNDISCLOSED
IMKE SELMER BC 32.648 2010 JIANGSU ZHENJIANG 5,20 TURKISH SS/DD due
11/2020
TASMAN SEA BC 28.456 2001 KANDA KAWAJIRI 3,70 VIETNAMESE

Tankers Reported Sold

NAME TYPE DWT BUILT YARD PRICE BUYERS COMMENTS
VOYAGER I TANKER 309.233 2003 SAMSUNG HI 25,10 MIDDLE EASTERN
ADS SERENADE TANKER 299.152 2002 HITACHI NAGASU 25,50 MARSHAL
SHIPPING
NORD INTEGRITY TANKER 48.026 2010 IWAGI 16,10 EUROPEAN

Container vessels Reported Sold

NAME TYPE DWT BUILT YARD PRICE BUYERS COMMENTS

Demolition Vessels Reported Sold (prices per long ton LWT)

NAME TYPE DWT LDT BUILT YARD PRICE BUYERS COMMENTS
GENERAL ZHEJIANG
PAC ADARA 27.688 10.033 2003 387 PAKISTAN
CARGO SHIPBUILDING
GENERAL
PAC ALKAID 27.464 10.250 2003 KOUAN 387 PAKISTAN
CARGO
LUCKY SEAMAN BC 26.455 5.652 1991 MURORAN DOCK 348 BANGLADESH
RO-RO NAIKAI ZOSEN GREEN
ROCKIES HIGHWAY 12.828 11.500 2006 370 INDIA
CARGO SETODA RECYCLING
GENERAL
KULNATEE 11.171 6.367 1997 FONTEC 360 PAKISTAN
CARGO

Quote of the day : ‘‘It is greed to do all the talking but not to want to listen at all .’’’’ – Democritus

Carriers Chartering S&P Department

This report is performed to the best of our knowledge based on the market conditions prevailing at the time mentioned. The report relates solely to the date/place
referred tSo and we emphasize that it is a statement of information collected from various market sources. All particulars above are from information given to us
and such information as we have been able to obtain from relevant references in our possession but we can accept no responsibility and we bear no liability for any
loss or damage incurred to any persons acting upon this report.

Carriers Chartering Corp. S.A.

Kaplanon 7 & Massalias Street, 106 80 Athens, Greece. Tel: +30-210 3668700 / Fax: +30-210 3631493 / www.carriers.gr
Email Address: snp@carriers.gr, capespmx@carriers.gr, handy@carriers.gr

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