Baltic Dry Indices*

Monday, January 21, 2013 - Week 4 Last Fridays Closing Weekly Difference

The Week at a Glance Baltic Dry Index 837 77

'Time to talk numbers!' Baltic Cape index 1605 238

Baltic Panamax Index 740 -32

We are to talk numbers on the dry bulk front this week,
Baltic Supramax
with more than 680 million DWT being the today's active Index
730 -15
dry bulk fleet. Just to compare the supply side with that of Baltic HandySize
470 22
6 years ago, in January 2007 the active dry bulk fleet was Index

about 380 million DWT! Taking into consideration the

current tempo of demolition activity plus the orderbook for Newbuilding Prices
2013 plus the expected slippage, we guesstimate that 10/2012 11/2012 12/2012 1/2013
within 7 years (i.e. Q1 2014) the dry bulk fleet will be
VLCC 300,000 $92 $92 $92 $92
double!
SUEZMAX 150,000 $58 $58 $58 $58
We are confident that the demolition market will keep on
absorbing vintage tonnage, in order to assist the freight AFRAMAX 113,000 $48 $48 $48 $48

market rebounding earlier than anticipated. In 2012, the PANAMAX 72,000 $41 $41 $41 $41
dry bulk demolition absorbed almost 35 million DWT and
we expect 2013 to be at the same levels, not to say PRODUCT 47,000 $33 $33 $33 $33

more, due to the fact that Bangladesh was inactive most

CAPESIZE 175,000 $47 $47 $47 $47
of the year. Well, we can only hope for the best...
KAMSARMAX 81,000 $29 $28 $28 $28
Greek Listed Companies
SUPRAMAX 50,000 $25 $25 $25 $25
Last Fridays Closing Weekly Difference
HANDYSIZE XS
$21 $21 $21 $21
28,000
NYSE 8792,63 80,23

NASDAQ 3134,71 9,08 Brent Prices

Dry Ships 2,13 0,01

Navios 3,7 -0,02

Excel 0,57 -0,16

Diana 8,46 -0,01

Top Ships 1,1199 -0,18

Currencies*
TEN 4,08 -0,03
Last Fridays Closing Weekly Difference

Stealth Gas 9,9 0,85

EURO/USD 1,33147 0,00

Capital Product
8,03 0,34 USD/JPY 90,1065 0,92
Partners

Euroseas 1,03 -0,02 USD/CNY 6,2154 0,00

Danaos 3,51 0,07

*The above tables show last Friday's closing including the
weekly balance.
Costamare 15,24 0,54

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 837 77

CAPESIZE 1605 238 8.990 2.777 STRONGER

PANAMAX 740 32 5.860 263 WEAKER

SUPRAMAX 730 15 7.635 156 WEAKER

HANDYSIZE 470 22 7.012 345 STRONGER

Bulk Carrier
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment
POMORZE
26696 1985 ARGENTINA - - B&W 1.980.000 USD SOLD TO UNDISCLOSED BUYERS
ZACHODNIE
SOLD EN BLOC WITH "HULL 0027"
TSUJI JIANGSU
30000 03 / 2013 CHINA - 4 X 30t CRANES MAN-B&W 17.000.000 USD TO GREEK BUYERS - RGN USD
HULL “0026”
34.000.000 EN BLOC
SOLD EN BLOC WITH "HULL 0026"
TSUJI JIANGSU
30000 03 / 2013 CHINA - 4 X 30t CRANES MAN-B&W 17.000.000 USD TO GREEK BUYERS - RGN USD
HULL “0027”
34.000.000 EN BLOC
SEAPAROS 39055 1984 JAPAN - 4 X 25t CRANES Sulzer 2.900.000 USD SOLD TO FAR EASTERN BUYERS

NORMANNIA 42648 1997 JAPAN - 4 X 25t CRANES Sulzer 8.300.000 USD SOLD TO GREEK BUYERS

KT VENTURE 55866 2007 JAPAN - 4 X 30,5t CRANES MAN-B&W 18.500.000 USD SOLD TO UNDISCLOSED BUYERS
CLIPPER
74381 2000 JAPAN - - B&W 11.200.000 USD SOLD TO GREEK BUYERS
MONARCH
GRANDA M 82000 2012 CHINA - - MAN-B&W 20.500.000 USD SOLD TO GREEK BUYERS

Container
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment
MABEL
14191 1997 POLAND 1162 3 X 40t CRANES B&W 3.900.000 USD SOLD TO UNDISCLOSED BUYERS
RICKMERS
HANSA 2 X 40t CRANES, 1 X
19260 1997 SOUTH KOREA 1645 B&W 4.000.000 USD SOLD TO UNDICLOSED BUYERS
CENTAUR 10t CRANES
HANSA
23482 2006 CHINA 1740 2 X 40t CRANES MAN-B&W 13.500.000 USD SOLD TO NORWEGIAN BUYERS
LAUENBURG
APL IRELAND 67009 2003 JAPAN 5928 - MAN-B&W 23.000.000 USD SOLD TO GREEK BUYERS

General cargo
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment

THOR LIGHT 5392 1993 DENMARK 350 2 X 50t CRANES MaK 2.200.000 USD SOLD TO INDONESIAN BUYERS

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 630 16

BCTI 692 26

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

VLCC $ 18,252.00 3% 21.000 FIRM

SUEZMAX $ 12,690.00 18% 17.000 FIRM

AFRAMAX $ 11,958.00 1% 14.000 FIRM

CLEAN MR $ 11,217.00 2% 14.000 STRONGER

Tanker
Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment
SHOKO MARU
(Zinc Coated, 30952 1998 JAPAN Y Y Mitsubishi 8.800.000 USD SOLD TO MIDDLE EASTERN BUYERS
IMO III)
SOLD EN BLOC WITH
VALBRUNA "VALLOMBROSA" TO UNDISCLOSED
113424 2000 SOUTH KOREA Y Y B&W 15.000.000 USD
(Coated) BUYERS - RGN USD 30.000.000 EN
BLOC
SOLD EN BLOC WITH "VALBRUNA"
VALLOMBROSA
113424 2000 SOUTH KOREA Y Y B&W 15.000.000 USD TO UNDISCLOSED BUYERS - RGN
(Coated)
USD 30.000.000 EN BLOC
SOLD TO RUSSIAN BUYERS
MERIDIAN LION 273769 1997 KOREA, SOUTH Y Y B&W 26.500.000 USD
(ROSNEFT)
SOLD TO GREEK BUYERS
IKOMASAN 299986 2000 JAPAN Y Y B&W 27.300.000 USD
(POLEMBROS)

Gas tanker
Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment

MORNING AIR 5202 2010 JAPAN Y Y MAN-B&W 19.000.000 USD SOLD TO CHINESE BUYERS
GASCHEM
9490 1991 GERMANY Y N MAN 10.000.000 USD SOLD TO MIDDLE EASTERN BUYERS
BERGEN

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

837
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

748
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\10\04 01\10\04 01/07/94
1605
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
1370
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
01\04\07

Baltic Panamax Index

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
774
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
722
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
738
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 23.288.647 $6.537.341.000
A. Dry Sector B. Tanker Sector 375 25.621.075 $7.675.680.000
1. Minibulk C. Container Sector 92 3.375.341 $2.178.410.000
(up to 9,999 3 20.891 $4.500.000
dwt) D. Reefer Sector 17 131.326 $35.026.000
2. Handy E. RoRo Cargo/ Ferry/
(10,000 - 39,999 7 210.735 $59.430.000 39 201.570 $195.350.490
Passenger Sector
dwt)
F. Miscellaneous Sector 43 566.249 $340.800.000
3. Handymax
(40,000 - 59,999 12 607.568 $132.200.000 Grand Total 1.083 53.184.208 $16.962.607.490
dwt)
4. Panamax
(60,000 - 79,999 10 761.068 $137.200.000 ...during 2012
dwt)
5. Capesize No of
5 1.230.033 $225.800.000 Sector DWT Invested Capital
(80,000+ dwt) Vessels
A. Dry Sector A. Dry Sector 520 30.861.383 $5.571.315.000
37 2.830.295 $559.130.000
Total B. Tanker Sector 394 20.220.460 $5.047.050.000

C. Container Sector 141 3.277.720 $1.025.520.000

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 11 53.080 $60.250.000
dwt) Grand Total 1.103 54.758.010 $11.779.210.000
2. Product
(10,000 - 59,999 10 377.160 $143.150.000
dwt)
3. Panamax
(60,000 - 79,999 0 0 0
dwt)
4. Aframax Bulk Carriers Sales Per Sector during
(80,000 - 8 847.331 $106.300.000
2013
119,999 dwt)
5. Suezmax
(120,000 - 1 158.000 $56.000.000 14 % CAPESIZE 27 % PANAMAX 32 % HANDYMAX
199,999 dwt) 19 % HANDY 8 % MINIBULK
6. VLCC
(200,000 - 2 573.755 $53.800.000
299,999 dwt)
7. ULCC
0 0 0
(300,000+ dwt)

B. Tanker
32 2.009.326 $419.500.000
Sector total

C. Container
5 145.462 $47.200.000
Sector Total

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

0 % ULCC 6 % VLCC 3 % SUEZMAX 25 % AFRAMAX

0 % PANAMAX 31 % PRODUCT 34 % MINITANK
E. RoRo
Cargo/ Ferry/
0 0 0
Passenger
Sector Total

F.
Miscellaneou
0 0 0
s Sector
Total

Grand Total 74 4.985.083 $1.025.830.000

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
1.400.000.000
Year Month Invested Capital 1.350.000.000 140
2012 1.300.000.000
1.250.000.000 130
January-2012 $863.660.000 1.200.000.000
1.150.000.000 120
February-
$573.675.000 1.100.000.000
2012 110
1.050.000.000
March-2012 $1.135.355.000 1.000.000.000
950.000.000 100
April-2012 $1.062.350.000
900.000.000
90
May-2012 $1.194.730.000 850.000.000

Invested Capital
800.000.000

No of Vesels
June-2012 $902.775.000 750.000.000
80

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
$1.377.055.000
2012 300.000.000 30
December- 250.000.000
$898.600.000 200.000.000 20
2012
150.000.000
2012
$11.779.210.000 100.000.000 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 $1.025.830.000
2013
$1.025.830.000 Months
Total
Total Capital No Of V essels
Dry Sector - Buyers' Nationality
16 % OTHER
0 % DENMARK
0 % EUROPE
Buyers Nationality during 2013 - Top 10
3 % KOREA SOUTH
3 % INDONESIA
(No of vessels per sector)
5 % NORWAY
11 % SINGAPORE
8 % CHINA PEOPLE'S REPUBLIC OF
0 % MIDDLE EAST B. Tanker C. Container D. Reefer
19 % UNKNOWN
Buyer's Country A. Dry Sector Grand Total
Sector Sector Sector
35 % GREECE
GREECE 13 4 2 0 19
UNKNOWN 7 5 2 0 14
MIDDLE EAST 0 6 0 0 6
CHINA, PEOPLE'S
3 1 0 0 4
REPUBLIC OF
SINGAPORE 4 0 0 0 4
NORWAY 2 0 1 0 3
Wet Sector - Buyers' Nationality INDONESIA 1 2 0 0 3
KOREA, SOUTH 1 2 0 0 3
22 % OTHER
6 % DENMARK EUROPE 0 3 0 0 3
9 % EUROPE
6 % KOREA SOUTH DENMARK 0 2 0 0 2
6 % INDONESIA
0 % NORWAY
0 % SINGAPORE
Other 6 7 0 0 13
3 % CHINA PEOPLE'S REPUBLIC OF
19 % MIDDLE EAST
Grand Total 37 32 5 0 74
16 % UNKNOWN
13 % 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
GREECE 157.050.000 66.600.000 25.800.000 0 249.450.000
Container Sector - Buyers' Nationality SINGAPORE 214.000.000 0 0 0 214.000.000
UNKNOWN 59.380.000 47.900.000 7.900.000 0 115.180.000
0 % OTHER
0 % DENMARK EUROPE 0 64.000.000 0 0 64.000.000
0 % EUROPE
0 % KOREA SOUTH
0 % INDONESIA
NORWAY 45.000.000 0 13.500.000 0 58.500.000
20 % NORWAY
0 % SINGAPORE
USA. 0 56.000.000 0 0 56.000.000
0 % CHINA PEOPLE'S REPUBLIC OF
0 % MIDDLE EAST MIDDLE EAST 0 53.100.000 0 0 53.100.000
40 % UNKNOWN
40 % GREECE RUSSIA 10.200.000 26.500.000 0 0 36.700.000
CHINA, PEOPLE'S
15.300.000 19.000.000 0 0 34.300.000
REPUBLIC OF
Other 60.200.000 143.550.000 0 0 203.750.000
Grand Total 559.130.000 419.500.000 47.200.000 0 1.025.830.000

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 USD 24.000.000 OLDENDORFF 2014

Other Dry

Type Units Dwt / Units Shipyard Reported Price Owner / Manager Delivery Date
13,500 /
CONTAINER 1 1,000 TEU HYUNDAI MIPO USD 17.500.000 NAM SUNG SHIPPING CO 2014
15,000 /
CONTAINER 2 1,040 TEU HAKATA ZOSEN - UNKNOWN 2014/2015
142,000 /
CONTAINER 5 14,000 TEU HYUNDAI H.I. USD 105.000.000 SEASPAN CORP. 2015

Tankers

Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date
2
(DECLARATION
CHEM & OIL OF OPTION) 50,000 GUANGZHOU S.Y. INT. - STENA BULK AB 2015

PRODUCT 6 52,000 SPP SHIPBUILDING - METROSTAR MANAGEMENT 2015

TANKER 2 320,000 SHANGHAI WAIGAOQIAO - CHINA MERCHANTS 2014/2015

TANKER 4 320,000 HYUNDAI H.I. USD 100.000.000 KUKJE SHIPPING 2014

Other Wet

Type Units Dwt / Units Shipyard Reported Price Owner / Manager Delivery Date
28,000 /
LNG / ETH / LP 4 30,000 QIDONG DAJIANG - EVERGAS AS 2015

FSRU / LNG 1 70,000 SAMSUNG H.I. - BW OFFSHORE 2015

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 HARBEL CUTLASS 11733 1980 JAPAN 5326 432 SOLD TO INDIA

GEN. CARGO SAIPAN SKIPPER 11847 1981 GERMANY 4041 - SOLD TO INDIA ON PRIVATE TERMS

CONTAINER PENANG 13538 1985 GERMANY 4656 - SOLD TO BANGLADESH ON PRIVATE TERMS

RO-RO CARGO COSMOS VENTURE 17750 1986 JAPAN 11928 457 SOLD TO INDIA

CONTAINER COURIER 20140 1995 GERMANY 6791 452 SOLD TO INDIA

RO-RO CARGO ASIAN SPIRIT 21506 1988 SOUTH KOREA 15578 410 SOLD TO CHINA INCLUDING 190 TNS BUNKERS

BC LOK PREM 26714 1990 INDIA 7411 - SOLD TO INDIA ON PRIVATE TERMS

BC FGM ADMIRAL 33288 1986 POLAND 8888 - SOLD TO INDIA ON PRIVATE TERMS
POWSTANIEC
BC 33780 1986 POLAND 8410 417 SOLD TO INDIA
STYCZNIOWY
BC XIN HE 34072 1982 JAPAN 7293 385 SOLD TO CHINA

CONTAINER INDEPENDENCE 38624 1986 JAPAN 9661 465 SOLD TO INDIA

CONTAINER NORTHERN RELIANCE 42085 1994 SOUTH KOREA 13352 - SOLD TO INDIA ON PRIVATE TERMS

RO-RO CARGO SAUDI ABHA 42600 1983 SWEDEN 18665 475 SOLD TO INDIA WITH APPROX 250 TNS BUNKERS ROB

CONTAINER NORTHERN HONOUR 42655 1995 SOUTH KOREA 13371 - SOLD TO BANGLADESH ON PRIVATE TERMS

CONTAINER CSL MARIE 47425 1993 JAPAN 17654 - SOLD TO CHINA ON PRIVATE TERMS
BC
(WOODCHIP LARCH 1 51356 1998 SOUTH KOREA 11385 390 SOLD TO CHINA
CARRIER)
SOLD TO UNDISCLOSED BREAKERS ON PRIVATE TERMS
BC VSP MOONSTONE 63463 1984 SOUTH KOREA 12666 -
(OLD SALE)
BC ALIMAR 64442 1987 SOUTH KOREA 11512 410 SOLD TO INDIA
SOLD ON "AS IS CHINA" BASIS INCLUDING 500 TNS OF
TANKER NANCY KNUTSEN 95468 1993 FINLAND 15232 436
BUNKERS, FINAL DESTINATION YET UNKNOWN

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 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 16 428.009
(10,000 - 39,999 dwt)
3. Handymax
102 4.630.781 3 135.235
(40,000 - 59,999 dwt)
4. Panamax
117 7.880.471 5 329.376
(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 30 1.632.445

B. Tanker Sector
1. Minitank
26 152.370 0 0
(up to 9,999 dwt)
2. Product
62 2.035.167 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 2 194.090
(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 13.742.788 3 213.087

C. Container Sector Total 159 4.735.030 13 375.647

D. Reefer Sector Total 60 524.714 0 0

E. RoRo Cargo/ Ferry/

60 447.861 4 97.253
Passenger Sector Total

F. Miscellaneous Sector Total 37 1.332.143 2 16.466

Grand Total 1.187 56.450.717 52 2.334.898

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 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

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 13.761.601 8 650.945
CHINA, PEOPLE'S B. Tanker Sector 24,6 27 26,4
120 7.442.695 7 282.874
REPUBLIC OF
DOMINICAN REPUBLIC 1 1.465 0 0 C. Container Sector 23,3 29,6 27

INDIA 454 17.728.558 27 1.003.797 D. Reefer Sector 26,5 26,3 29,3

PAKISTAN 93 8.960.611 0 0
E. RoRo Cargo/ Ferry/
34,9 32 31,5
TURKEY 40 583.673 3 71.767 Passenger Sector

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

UNKNOWN 268 7.901.725 7 325.515

VIETNAM 1 15.100 0 0
Grand Total 1.187 56.450.717 52 2.334.898
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 563 25.199.022 167 10.361.911 922 37.808.986

2012 700 35.668.181 171 13.742.788 1187 56.450.717

2013 30 1.632.445 3 213.087 52 2.334.898

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

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 11
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 12
relying on the information contained herein.