Baltic Dry Indices*

Monday, January 14, 2013 - Week 3 Last Fridays Closing Weekly Difference

The Week at a Glance Baltic Dry Index 760 54

Baltic Cape index 1367 82

'Yellow fever!'
Baltic Panamax Index 772 102

China's latest export figures have been treated with Baltic Supramax
745 6
Index
utmost scepticism from top Banks. The export figures
Baltic HandySize
showed an amazing 14,1% jump from a year earlier Index
448 2

which according to “UBS” doesn't match the goods

movements through ports etc. Newbuilding Prices
10/2012 11/2012 12/2012 1/2013
Staying in China, domestic oil demand is expected to rise
4-6% for 2013 according to analysts' forecasts, also VLCC 300,000 $92 $92 $92 $92

backed by a better economic environment.

SUEZMAX 150,000 $58 $58 $58 $58

On a more precise basis, “China International Capital AFRAMAX 113,000 $48 $48 $48 $48
Corp” estimates the demand to rise about 4,7%
PANAMAX 72,000 $41 $41 $41 $41
compared to 3,4% that took place in 2012.
PRODUCT 47,000 $33 $33 $33 $33

CAPESIZE 175,000 $47 $47 $47 $47

KAMSARMAX 81,000 $29 $28 $28 $28

Greek Listed Companies
Last Fridays Closing Weekly Difference SUPRAMAX 50,000 $25 $25 $25 $25

HANDYSIZE XS
$21 $21 $21 $21
NYSE 8712,4 44,72 28,000

NASDAQ 3125,63 23,97

Brent Prices
Dry Ships 2,12 -0,05

Navios 3,72 -0,03

Excel 0,73 0,12

Diana 8,47 0,10

Top Ships 1,297 0,25

TEN 4,11 0,04 Currencies*

Last Fridays Closing Weekly Difference
Stealth Gas 9,05 0,78
EURO/USD 1,3343 0,03
Capital Product
7,69 0,51
Partners
USD/JPY 89,182 1,02

Euroseas 1,05 0,05

USD/CNY 6,2168 -0,01

Danaos 3,44 0,46

*The above tables show last Friday's closing including the

Costamare 14,7 0,00 weekly balance.

ISO Certified by Germanischer Lloyd Copyright by Allied Shipbroking Inc

 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

Secondhand Sales

Dry Sector

SIZE INDEX W-O-W CHANGE AVG T/C RATES W-O-W CHANGE TREND

BDI 760 54

CAPESIZE 1367 82 6.213 964 STRONGER

PANAMAX 772 102 6.123 823 STRONGER

SUPRAMAX 745 6 7.791 63 STRONGER

HANDYSIZE 448 2 6.667 48 STRONGER

Bulk Carrier
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment
GLOBAL
24132 1998 JAPAN - 4 X 30 CRANES Mitsubishi 5.250.000 USD SOLD TO UNDISCLOSED BUYERS
PRESTIGE
DINA 28467 1992 JAPAN - 4 X 30,5t CRANES B&W 4.100.000 USD SOLD TO TURKISH BUYERS
SOLD TO GREEK BUYERS BASIS DD
YOMA 6 46641 1995 JAPAN - 4 X 25t CRANES B&W 6.700.000 USD
DUE
DAEBO SOLD TO CHINESE BUYERS BASIS
48280 1985 JAPAN 264 4 X 25t CRANES Sulzer 3.500.000 USD
FRONTIER DD DUE
JASMINE HALO 56035 2005 JAPAN - 4 X 30t CRANES MAN-B&W 15.500.000 USD SOLD TO GREEK BUYERS

EVERAIM 68591 1994 JAPAN - - B&W 6.000.000 USD SOLD TO S.KOREAN BUYERS

BRAVE STAR 73992 2000 JAPAN - - MAN-B&W 10.100.000 USD SOLD TO GREEK BUYERS

CROWN STAR 76662 2002 JAPAN - - B&W 12.200.000 USD SOLD TO GREEK BUYERS
SOLD TO CHINESE BUYERS BASIS
CRYSTAL STAR 178633 1998 SOUTH KOREA - - B&W 11.800.000 USD
DD DUE

Container
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment
HANSA 2 X 40t CRANES, 1 X
21520 1997 KOREA, SOUTH 1645 B&W 2.800.000 USD SOLD TO GREEK BUYERS
CATALINA 10t CRANES

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 2
relying on the information contained herein.
 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

Wet Sector
SIZE INDEX W-O-W CHANGE

BDTI 646 43

BCTI 718 18

SIZE AVG SPOT EARNINGS W-O-W CHANGE AVG T/C RATES BSS 1 YR TREND

VLCC $ 17,764.00 19% 21.000 FIRM

SUEZMAX $ 15,476.00 21% 17.000 FIRM

AFRAMAX $ 12,071.00 16% 14.000 FIRM

CLEAN MR $ 11,410.00 1% 13.500 FIRM

Tanker
Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment
GREAT FISH
(Coated, Epoxy 6174 1990 JAPAN Y Y Hanshin 2.900.000 USD SOLD TO UNDISCLOSED BUYERS
Ph.)
SOLD EN BLOC WITH "SYNNOVE
ELLEN
KNUTSEN" TO MIDDLE EASTERN
KNUTSEN 17071 1991 SPAIN Y Y B&W 8.900.000 USD
BUYERS - RGN USD 17.800.000 EN
(St.Steel, IMO II)
BLOC
SYNNOVE SOLD EN BLOC WITH "ELLEN
KNUTSEN KNUTSEN" TO MIDDLE EASTERN
17071 1992 SPAIN Y Y B&W 8.900.000 USD
(St. Steel, IMO BUYERS - RGN USD 17.800.000 EN
II/III) BLOC
MAR PATRICIA
17787 1998 SPAIN Y Y Wartsila 7.550.000 USD SOLD TO INDONESIAN BUYERS
(Coated, IMO II)
AS OCEANIA
43760 1999 CHINA Y Y MAN-B&W 10.000.000 USD SOLD TO INDONESIAN BUYERS
(Coated)
SOLD EN BLOC WITH "MERIOM
MERIOM GLORY TOPAZ" AND "MERIOM IRIS" TO
50304 2008 CHINA Y Y MAN-B&W 21.000.000 USD
(Coated, IMO III) EUROPEAN BUYERS (TRAFIGURA) -
RGN USD 64.000.000 EN BLOC
SOLD EN BLOC WITH "MERIOM IRIS"
MERIOM TOPAZ
AND "MERIOM GLORY" TO
(Coated, IMO 50319 2009 CHINA Y Y MAN-B&W 22.000.000 USD
EUROPEAN BUYERS (TRAFIGURA) -
II/III)
RGN USD 64.000.000 EN BLOC
SOLD EN BLOC WITH "MERIOM
MERIOM IRIS TOPAZ" AND "MERIOM GLORY" TO
50352 2008 CHINA Y Y MAN-B&W 21.000.000 USD
(Coated, IMO III) EUROPEAN BUYERS (TRAFIGURA) -
RGN USD 64.000.000 EN BLOC
ATHINA M SOUTH
96001 1995 Y Y B&W 8.500.000 USD SOLD TO MIDDLE EASTERN BUYERS
(Coated) KOREA
KATJA 97220 1995 JAPAN Y Y Sulzer 8.000.000 USD SOLD TO MIDDLE EASTERN BUYERS
FORWARD SOLD TO SAUDI ARABIAN BUYERS
107081 2005 JAPAN Y Y B&W 20.000.000 USD
PIONEER (BAKRI NAVIGATION)
SOLD TO GREEK BUYERS BASIS
NASSAU SPIRIT 107181 1998 JAPAN Y Y MAN-B&W 9.300.000 USD
SS/DD DUE
2013 SOUTH SOLD TO USA BASED BUYERS
FOUR TIDE 158000 Y Y MAN-B&W 56.000.000 USD
(JANUARY) KOREA (PRINCIPAL MARITIME)

Gas tanker
Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment
SOLD TO UNDISCLOSED BUYERS
GAS EASTERN 4995 1996 JAPAN Y N Mitsubishi -
ON PRIVATE TERMS

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 3
relying on the information contained herein.
 0
500
1.000
1.500
2.000
2.500
3.000
3.500
0
2.000
4.000
6.000
8.000
0
2.000
4.000
6.000
8.000
0
2.000
4.000
6.000
8.000

10.000
10.000
12.000
14.000
16.000
18.000
10.000
01\01\03 01/01/85

Year

2013
2012
2011
2010
2009
2008
01\07\00 01\07\00
01\04\03 01/07/85
01\10\00 01\10\00
01/01/86
01\07\03 01\01\01 01\01\01 01/07/86
01\10\03 01\04\01 01\04\01 01/01/87

760
01\07\01 01\07\01 01/07/87

1738
2173
4209
4661
01\01\04

11793
BDI Max
01\10\01 01\10\01 01/01/88
01\04\04
01\01\02 01\01\02 01/07/88
01\07\04 01/01/89
01\04\02 01\04\02
01\10\04 01/07/89
01\07\02 01\07\02

723
919
1549
2749
2612
6445
01/01/90
01\10\02 01\10\02
BDI Avg

01\01\05
01/07/90
01\01\03 01\01\03
01\04\05 01/01/91
01\04\03 01\04\03
01\07\05 01/07/91
01\07\03 01\07\03 01/01/92

698
647
772
663

01\10\05
1043
1700

01\10\03 01\10\03 01/07/92

BDI Min

01\01\06 01\01\04 01\01\04 01/01/93

01\04\06 01\04\04 01\04\04 01/07/93

01\07\04 01\07\04 01/01/94
01\07\06
01/07/94
01\10\04 01\10\04
1386
3287
3725
5455
8243
19687

01\10\06 01/01/95
BCI Max

01\01\05 01\01\05
01\01\07 01/07/95
01\04\05 01\04\05
01/01/96
01\04\07 01\07\05 01\07\05
01/07/96
01\07\07 01\10\05 01\10\05 01/01/97
1315
1569
2246
3469
4142
9444
BCI Avg

01\01\06 01\01\06 01/07/97

01\10\07
01\04\06 01\04\06 01/01/98
01\01\08
01\07\06 01\07\06 01/07/98
01\04\08 01\10\06 01\10\06 01/01/99
830

1235
1082
1281
1640
1361

01\07\08 01\01\07 01\01\07 01/07/99

Baltic Dry Index
BCI Min

01/01/00

Baltic Panamax Index

01\04\07 01\04\07

Baltic CapeSize Index

01\10\08
01/07/00
01\07\07 01\07\07
01\01\09 01/01/01
01\10\07 01\10\07

Baltic Supramax - HandySize Index

01\04\09 01/07/01
772
1738
2132
4622
4453

01\01\08 01\01\08
11425

01/01/02
BPI Max

relying on the information contained herein.

01\07\09 01\04\08 01\04\08 01/07/02
Baltic Dry Indices

01\10\09 01\07\08 01\07\08 01/01/03

01\10\08 01\10\08 01/07/03
01\01\10
01\01\09 01\01\09 01/01/04
703
962
48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece

1742
3104
2413
6141

01\04\10
BPI Avg

01\04\09 01\04\09 01/07/04

01\07\10 01/01/05
01\07\09 01\07\09
01\10\10 01/07/05
01\10\09 01\10\09
01/01/06
01\01\11 01\01\10 01\01\10
670
418
492
440

01/07/06
1296
1845

01\04\10 01\04\10
BPI Min

01\04\11 01/01/07
01\07\10 01\07\10 01/07/07
01\07\11
01\10\10 01\10\10 01/01/08
01\10\11 01\01\11 01\01\11 01/07/08
745
1300
1612
3111
2487
6743

01\01\12 01\04\11 01\04\11 01/01/09

BSI Max

01\04\12 01\07\11 01\07\11 01/07/09

Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

01\10\11 01\10\11 01/01/10

01\07\12
01/07/10
01\01\12 01\01\12
01\10\12 01/01/11
739
904

01\04\12 01\04\12
1374
2143
1665
4009

01/07/11
BSI Avg

01\01\13 01\07\12 01\07\12

01/01/12
01\04\13 01\10\12 01\10\12 01/07/12

0
01\01\13 01\01\13 01/01/13

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
1.000
2.000
3.000
4.000
5.000
6.000
7.000
01\04\13 01\04\13 01/07/13
728
600
389
421

1086
1369
BSI Min

4
 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

Secondhand Sales Statistics

Current Secondhand Activity per Sector/ Size/ Invested Capital Secondhand Activity per Sector/ Size/ Invested Capital
During 2013 ...during 2011

No of
No of Sector DWT Invested Capital
Sector Size DWT Invested Capital Vessels
Vessels
A. Dry Sector 517 23.290.917 $6.537.341.000
A. Dry Sector B. Tanker Sector 376 25.712.454 $7.697.430.000
1. Minibulk C. Container Sector 92 3.375.171 $2.178.410.000
(up to 9,999 2 15.499 $2.300.000
dwt) D. Reefer Sector 17 131.326 $35.026.000
2. Handy E. RoRo Cargo/ Ferry/
(10,000 - 39,999 3 84.984 $19.550.000 39 201.570 $195.350.490
Passenger Sector
dwt)
F. Miscellaneous Sector 42 459.070 $319.050.000
3. Handymax
(40,000 - 59,999 8 423.336 $101.300.000 Grand Total 1.083 53.170.508 $16.962.607.490
dwt)
4. Panamax
(60,000 - 79,999 8 604.950 $106.000.000 ...during 2012
dwt)
5. Capesize No of
5 1.230.633 $225.800.000 Sector DWT Invested Capital
(80,000+ dwt) Vessels
A. Dry Sector A. Dry Sector 518 30.850.264 $5.571.315.000
26 2.359.402 $454.950.000
Total B. Tanker Sector 394 20.213.347 $5.047.050.000

C. Container Sector 142 3.345.069 $1.050.520.000

D. Reefer Sector 7 55.822 $49.950.000
B. Tanker
E. RoRo Cargo/ Ferry/
Sector 40 340.525 $85.375.000
Passenger Sector
1. Minitank F. Miscellaneous Sector 1 2.100 $0
(up to 9,999 9 43.819 $30.700.000
dwt) Grand Total 1.102 54.807.127 $11.804.210.000
2. Product
(10,000 - 59,999 9 346.208 $134.350.000
dwt)
3. Panamax
(60,000 - 79,999 0 0 0
dwt)
4. Aframax Bulk Carriers Sales Per Sector during
(80,000 - 6 620.483 $76.300.000
119,999 dwt)
2013
5. Suezmax
(120,000 - 1 158.000 $56.000.000 19 % CAPESIZE 31 % PANAMAX 31 % HANDYMAX
199,999 dwt) 12 % HANDY 8 % MINIBULK
6. VLCC
(200,000 - 0 0 0
299,999 dwt)
7. ULCC
0 0 0
(300,000+ dwt)

B. Tanker
25 1.168.510 $297.350.000
Sector total

C. Container
1 21.520 $2.800.000
Sector Total

D. Reefer
0 0 0
Tankers Sales Per Sector during
Sector Total 2013

0 % ULCC 0 % VLCC 4 % SUEZMAX 24 % AFRAMAX

0 % PANAMAX 36 % PRODUCT 36 % MINITANK
E. RoRo
Cargo/ Ferry/
0 0 0
Passenger
Sector Total

F.
Miscellaneou
0 0 0
s Sector
Total

Grand Total 52 3.549.432 $755.100.000

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 5
relying on the information contained herein.
 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr
Invested Capital in Secondhand Graph - Invested Capital in Secondhand Vessels per month as of January 2012
Vessels per month as of January 2012
Invested Capital Per Month
1.450.000.000
Year Month Invested Capital 1.400.000.000
1.350.000.000 140
2012 1.300.000.000
1.250.000.000 130
January-2012 $863.660.000
1.200.000.000
February- 1.150.000.000
120
$573.675.000
2012 1.100.000.000
110
March-2012 $1.135.355.000 1.050.000.000
1.000.000.000
100
April-2012 $1.062.350.000 950.000.000
900.000.000
May-2012 $1.194.730.000 850.000.000
90

Invested Capital

No of Vesels
June-2012 $902.775.000 800.000.000
80
750.000.000
July-2012 $804.560.000 700.000.000 70
650.000.000
August-2012 $1.054.675.000 600.000.000 60
September- 550.000.000
$923.935.000 500.000.000
2012 50
450.000.000
October-2012 $987.840.000 400.000.000 40
November- 350.000.000
$1.402.055.000
2012 300.000.000 30
December- 250.000.000
$898.600.000 200.000.000 20
2012
150.000.000
2012
$11.804.210.000 100.000.000 10
Total 50.000.000
2013 0 0
01/2012

02/2012

03/2012

04/2012

05/2012

06/2012

07/2012

08/2012

09/2012

10/2012

11/2012

12/2012

01/2013
January-2013 $755.100.000
2013
$755.100.000 Months
Total
Total Capital No Of V essels
Dry Sector - Buyers' Nationality
15 % OTHER
0 % ITALY
0 % DENMARK Buyers Nationality during 2013 - Top 10
8 % NORWAY
8 % CHINA PEOPLE'S REPUBLIC OF
(No of vessels per sector)
0 % EUROPE
4 % KOREA SOUTH
15 % SINGAPORE
0 % MIDDLE EAST B. Tanker C. Container D. Reefer
15 % UNKNOWN Buyer's Country A. Dry Sector Grand Total
Sector Sector Sector
35 % GREECE
GREECE 9 3 1 0 13
UNKNOWN 4 3 0 0 7
MIDDLE EAST 0 4 0 0 4
SINGAPORE 4 0 0 0 4
KOREA, SOUTH 1 2 0 0 3
EUROPE 0 3 0 0 3
CHINA, PEOPLE'S
Wet Sector - Buyers' Nationality REPUBLIC OF
2 1 0 0 3
NORWAY 2 0 0 0 2
20 % OTHER
8 % ITALY DENMARK 0 2 0 0 2
8 % DENMARK
0 % NORWAY ITALY 0 2 0 0 2
4 % CHINA PEOPLE'S REPUBLIC OF
12 % EUROPE
8 % KOREA SOUTH
Other 4 5 0 0 9
0 % SINGAPORE Grand Total 26 25 1 0 52
16 % MIDDLE EAST
12 % UNKNOWN
12 % GREECE

Buyers Nationality during 2013 - Top 10

(Invested Capital per sector)
B. Tanker C. Container D. Reefer
Buyer's Country A. Dry Sector Grand Total
Sector Sector Sector
SINGAPORE 214.000.000 0 0 0 214.000.000
Container Sector - Buyers' Nationality GREECE 98.950.000 39.300.000 2.800.000 0 141.050.000

0 % OTHER
EUROPE 0 64.000.000 0 0 64.000.000
0 % ITALY
0 % DENMARK
USA. 0 56.000.000 0 0 56.000.000
0 % NORWAY
0 % CHINA PEOPLE'S REPUBLIC OF
UNKNOWN 33.900.000 17.900.000 0 0 51.800.000
0 % EUROPE
0 % KOREA SOUTH
NORWAY 45.000.000 0 0 0 45.000.000
0 % SINGAPORE
0 % MIDDLE EAST MIDDLE EAST 0 34.300.000 0 0 34.300.000
0 % UNKNOWN
100 % GREECE THAILAND 27.500.000 0 0 0 27.500.000
UNITED KINGDOM 0 20.500.000 0 0 20.500.000
Other 41.800.000 114.050.000 0 0 155.850.000
Grand Total 454.950.000 297.350.000 2.800.000 0 755.100.000

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 6
relying on the information contained herein.
 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

New Building Orders

Bulk Carriers

Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date

BULK 2 61,000 NANTONG COSCO KHI - OLDENDORFF CARRIERS 2014

BULK 4 180,000 SWS USD 45.000.000 FRONTLINE 2014/2015

BULK 4 180,000 STX DALIAN USD 43.000.000 FRONTLINE 2014/2015

Tankers

Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date

CHEM & OIL 3 5,700 TERSAN SHIPYARD - GEFO GESELLSCHAFT 2014/2015

PRODUCT 1 50,000 STX DALIAN - G E SHIPPING 2015

TANKER 4 320,000 HYUNDAI SAMHO - HI GOLD OCEAN 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 7
relying on the information contained herein.
 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

Demolition Sales
Type Vessel's Name DWT Built Country LDT Price/ ldt Sale's Comment

GEN. CARGO FAIRWIND 12816 1985 GERMANY 5207 440 SOLD TO INDIA

TANKER ARIOCA 18997 1986 BRAZIL 6746 - SOLD TO INDIA ON PRIVATE TERMS

BC AL QAWIYYU 37636 1984 JAPAN 7604 426 SOLD TO INDIA INCLUDING 200 TNS BUNKERS

BC LIBERTY SPIRIT 64152 1986 SOUTH KOREA 11132 437 SOLD TO INDIA

BC SHUN JI XING 69011 1983 JAPAN 12357 415 SOLD TO BANGLADESH

BC DUHALLOW 122774 1993 KOREA, SOUTH - - SOLD TO BANGLADESH ON PRIVATE TERMS

BC KEROS WARRIOR 149528 1989 CHINESE TAIPEI 18435 435 SOLD TO BANGLADESH
SOLD TO INDIA ON "AS IS CHINA" BASIS INCLUDING
BC RUBIN CRANE 154310 1994 JAPAN 19449 447
1,700 TONS BUNKERS

Demolition Statistics For 2013

Current Demolition Activity per Sector/ Size

2012 2013

Sector Size No Of Vessels DWT No Of Vessels DWT

A. Dry Sector
1. Minibulk
69 456.105 1 7.105
(up to 9,999 dwt)
2. Handy
323 8.474.222 10 276.575
(10,000 - 39,999 dwt)
3. Handymax
102 4.630.781 2 83.879
(40,000 - 59,999 dwt)
4. Panamax
117 7.880.471 3 201.471
(60,000 - 79,999 dwt)
5. Capesize
89 14.226.602 5 732.720
(80,000+ dwt)
A. Dry Sector Total 700 35.668.181 21 1.301.750

B. Tanker Sector
1. Minitank
26 152.370 0 0
(up to 9,999 dwt)
2. Product
62 2.033.749 1 18.997
(10,000 - 59,999 dwt)
3. Panamax
7 473.380 0 0
(60,000 - 79,999 dwt)
4. Aframax
39 3.714.797 1 98.622
(80,000 - 119,999 dwt)
5. Suezmax
22 3.239.167 0 0
(120,000 - 199,999 dwt)
6. VLCC
12 3.209.269 0 0
(200,000 - 299,999 dwt)
7. ULCC
3 918.638 0 0
(300,000+ dwt)
B. Tanker Sector Total 171 13.741.370 2 117.619

C. Container Sector Total 159 4.739.151 7 171.180

D. Reefer Sector Total 60 524.714 0 0

E. RoRo Cargo/ Ferry/

60 447.861 1 15.397
Passenger Sector Total

F. Miscellaneous Sector Total 37 1.346.571 0 0

Grand Total 1.187 56.467.848 31 1.605.946

Please Note that dry trading combination carriers are included in the dry sector and wet trading ones in the tanker sector.

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 8
relying on the information contained herein.
 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

Demolition Activity by Country Vessels' Average Age For Demolition

2012 2013 Sector 2012 2011 2010
No of No of
Country DWT DWT
Vessels Vessels A. Dry Sector 28,2 30,7 31,5
BANGLADESH 209 13.776.029 6 594.752
CHINA, PEOPLE'S B. Tanker Sector 24,6 27 26,4
120 7.442.695 3 128.515
REPUBLIC OF
DOMINICAN REPUBLIC 1 1.465 0 0 C. Container Sector 23,3 29,6 27

INDIA 454 17.732.679 15 538.002 D. Reefer Sector 26,5 26,3 29,3

PAKISTAN 93 8.959.193 0 0
E. RoRo Cargo/ Ferry/
34,9 32 31,5
TURKEY 40 583.673 2 55.706 Passenger Sector

U.A.E. (DUBAI) 1 55.289 0 0 F. Miscellaneous Sector 33,4 34 33,7

UNKNOWN 268 7.901.725 5 288.971

VIETNAM 1 15.100 0 0
Grand Total 1.187 56.467.848 31 1.605.946
Demolition of BCs by percentage for 2012

Demolition Activity By DWT

10 % Minibulk 46 % Handy 15 % Handymax 17 % Panamax
13 % Capesize

Demolition Per Month

7.000.000
145
140
6.500.000 135
130
6.000.000 125
120
5.500.000 115
110
5.000.000 105
100
4.500.000 95
90

4.000.000 85
no of vess els

80
dwt

3.500.000 75
70
65
3.000.000
60
55
2.500.000
50

2.000.000
45
40
Demolition of Tankers by percentage for 2012
35
1.500.000 30
25
1.000.000 20
15 % Minitank 36 % Product 4 % Panamax 23 % Aframax
15
500.000
13 % Suezmax 7 % VLCC 2 % ULCC
10
5
0 0
01/2012

02/2012

03/2012

04/2012

05/2012

06/2012

07/2012

08/2012

09/2012

10/2012

11/2012

12/2012

01/2013

Months

Sum of DWT No of V ess els

Demolition activity since 2002

No of Dry DWT of Dry No of DWT of No of

Year DWT
Vessels Vessels Tankers Tankers Vessels
2002 269 8.667.582 190 18.013.186 545 28.545.006

2003 219 5.732.642 232 18.395.563 550 25.181.350

2004 79 1.518.916 173 8.551.039 338 10.471.421

2005 38 1.155.508 100 4.259.393 182 5.539.311

2006 116 2.813.880 111 3.520.432 302 6.957.521

2007 46 623.850 127 4.065.141 229 5.143.327

2008 123 5.314.132 121 5.635.243 360 12.935.653

2009 404 12.402.306 160 9.180.356 887 28.668.363

2010 260 7.426.792 280 14.782.162 790 25.856.282

2011 564 25.232.802 167 10.361.911 923 37.842.766

2012 700 35.668.181 171 13.741.370 1187 56.467.848

2013 21 1.301.750 2 117.619 31 1.605.946

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 9
relying on the information contained herein.
 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

Contact Details

GEORGE A ERA KIS ILIA S BOLIS

A OH: + 30 - 210 – 60 35 259 A OH: + 30 - 210 - 80 25 439

MOBILE: + 30 – 6946 – 04 57 37 MOBILE: + 30 - 6937 - 02 65 00

GEORGE DA SKA LA KIS STA VROS DRA KOGIA NNOPOULOS

A OH: + 30-21 0-62 29 1 24 A OH: + 30-21 0-60 1 1 438

MOBILE: + 30-6932-24 80 07 MOBILE: + 30-6932 - 20 1 5 65

SA KIS DRA KOGIA NNOPOULOS NA SSOS HA TZIGEORGIOU

A OH: + 30 – 2299 0 63 237 A OH: + 30 - 210 - 93 1 6 353

MOBILE: + 30 - 6944 - 88 58 08 MOBILE: + 30 - 6944 - 73 33 93

COSTA S KA RA DIMA S JOHN KOSTOYA NNIS

A OH: + 30 - 210 - 62 1 1 906 A OH: + 30 - 210 - 81 31 1 94

MOBILE: + 30 - 6932 - 20 1 5 64 MOBILE: + 30 - 6932 - 43 39 99

THEODO ROS MOISSOGLOU THA SSOS PA POUIS

A OH: + 30 - 210 - 96 1 9 807 A OH: + 30 - 210 – 62 31 392
MOBILE: + 30 - 6932 - 45 52 41 MOBILE: + 30 – 6944 – 29 49 89

TA SSOS PROSSIOS
JOHN STA SSINA KIS
A OH: + 30 - 210 – 89 46 692
A OH: + 30 – 21 1 – 400 1 6 51
MOBILE: + 30 – 6942 – 06 78 32
MOBILE: + 30 6972 – 60 92 09

EVA GELOS TOBA LOG LOU COSTIS TSA LPA TOUROS

A OH: + 30 - 210 - 43 25 1 85 A OH: + 30 - 210 - 96 1 9 278
MOBILE: + 30 - 6932 - 40 56 20 MOBILE: + 30 - 6932 - 20 1 5 63

PLUTON VA RVA ROS

A OH: + 30 - 210 – 45 1 1 331

MOBILE: + 30 - 6937 – 25 15 1 5

A LLIED SHIPBROKING INC.

48, Aigialeias Street, 4th Floor,
Maroussi 151 25, Greece
Tel: + 30 210 45 24 500
Fax: + 30 210 45 25 017/ 019
E-mail: snp@allied-shipbroking.gr

A LLIED CHA RTERING S.A .

48, Aigialeias Street, 4th Floor,
Maroussi 151 25, Greece
Tel : + 30 210 42 88 100
Fax: + 30 210 45 24 201
dry cargo@allied-chartering.gr
E-mails:
tanker@allied-chartering.gr
Visit us @ www.allied-shipbroking.gr

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 10
relying on the information contained herein.
 48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

LEGAL DISCLA IMER

-----------------------------------------

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 ”. C onsequently 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 employ ees 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.

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 11
relying on the information contained herein.