S&P MONTHLY REPORT DECEMBER 2009files.irwebpage.com/reports/shipping/GaPohY32AN/COTZIAS...75,590 D2...
Transcript of S&P MONTHLY REPORT DECEMBER 2009files.irwebpage.com/reports/shipping/GaPohY32AN/COTZIAS...75,590 D2...
www.cotzias.gr – visit our constantly updated website NOVEMBER 2009
Ship sale volume: Dec-09 Nov-0996 128 last month
80 100 last month
16 28 last month
Scrap volume:
55 104 last month
$459 usd/ldt INDIA (stainless)
Newbuilding Ships Prices (30/9/2009) (in mil USD)Dry Cargo CAPE 2/1/2009 PMX 2/1/2009 HMAX 2/1/2009
NEWBUILDING $68.3 $50.0 $41.0 $35.0 $33.0 $27.0
Tanker Ships VLCC 2/1/2009 SUZ 2/1/2009 AFR 2/1/2009
NEWBUILDING $97.0 $114.0 $68.0 $91.0 $49.0 $74.0
PAN 2/1/2009 PROD 2/1/2009
$41.0 $60.0 $33.0 $51.0
Average Dry cargo T/C Earnings (worldwide routes):
Dec-09 Nov-09 Oct-09 Sep-09$55,769 $66,080 $40,072 $35,266$30,800 $34,781 $19,136 $13,150$29,500 $30,026 $22,526 $19,372$26,308 $25,973 $21,562 $19,525$26,800 $24,306 $18,514 $17,966$20,292 $16,646 $14,250 $16,933$16,379 $14,217 $14,236 $11,965
Scrap Prices for DECEMBER 2009
CHINA HIGH $337 AVERAGE $312 DEC 2009 AVERAGE $297 INDIA HIGH $459 AVERAGE $298 NOV 2009 AVERAGE $304
BANGLADESH HIGH $370 AVERAGE $322 OCT 2009 AVERAGE $282 PAKISTAN HIGH $340 AVERAGE $240 SEP 2009 AVERAGE $291
TURKEY HIGH $179 AVERAGE $179 AUG 2009 AVERAGE $250 275.64
BALTIC INDICES % since
30-Dec-09change since LAST MONTH 30-Nov-09 31-Oct-09 30-Sep-09
3005 -22.69% 3887 3103 22203887 -37.20% 6189 5047 28463567 -5.06% 3757 3150 22762224 -7.95% 2416 1820 19661159 1.85% 1138 867 974634 22.16% 519 444 519814 19.88% 679 593 570
COMMENTS:
Baltic Handymax Index
Large Bulkers 144,000 – 85,000 dwt:
Panamax 82,000 – 59,000 dwt:
Handymax 59,000 – 48,000 dwt:
Handy 48,000 – 40,000 dwt:
Bulkers 40,000 – 30,000 dwt:
Small Bulkers 30,000 – 12,000 dwt:
Baltic Panamax Index
Baltic Supramax Index
Executive Summary
Dry cargo Ships sold this month:
Total number of Ships sold this month:
Wet cargo Ships sold this month:
Ships scrapped this month:
Baltic Cape Index
Highest Scrap Price paid this month:
Capes >144,000 dwt:
Baltic Dry Index
GENERAL SCRAP PRICE AVERAGE
Baltic Clean Tanker Index
Baltic Dirty Tanker Index
2009, is over and that was finally a good year for the Sale and purchase market. Despite the fears and worries of a collapsed market, activity was there, and in total 1305 units changed hands in both dry and wet sectors.more than 20 billion usd was used up for these deals.Bulkers mainly were the hot pick of the year and mainly Japanese built units.Greeks have acquired 215 units in both sectors while Chinese buyers 296 units. In terms of capital Greeks have outspent the Chinese with 4.3billion vs 4.2billion. In terms of tonnage Chinese have outweighed the Greeks with 19million tonnes vs 12million tonnes. What is worth mentioning is the total collapse of the Newbuilding industry. “Bob the builder” should apply for the “dole”…!! Yards have faced the worst year in their history as new orders were practically
non-existent all through this year. We understand and have reports of few orders that were placed this year but the total number of 230 orders of 720 units is not just
few… it is simply very-very-very low!!! Last year in 2008, we had 1157 orders of 3500 new units and in 2007 we had 1500 orders of 4800 new units!
S&P MONTHLY REPORTDECEMBER 2009
This was the year to be a “scrapper”!!! 1244 units were scrapped in 2009. This number represents a never seen before record figure. To understand its size, just by summing up the units scrapped in 2004+2005+2006+2007 & 2008 we end up with a total figure close to what just exited the market alone in 2009. If we see the totals per sector we can say that 600 dry cargo units were scrapped this past year, 206 containers, 103 car carriers, 42 reefers and 204 tankers of which 28 were gas carriers. 34.6million tones of carrying capacity were removed from the active fleet and 10.2million tones of steel was cut for recycling. For 2009, India got the Lion’s share in terms of units taken with 473 units, China 2nd with 271 units, Bangladesh 3rd with 211 units and Turkey 4th with 105 units. Scrap activity was really strong this year and this was a great help for our industry. Ship values during 2009, remained severely lower from the over inflated and extravagantly high levels we had seen to reach a peak by the end of first half of 2008.
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
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2009
NAME TYPE YEAR BUILT DWT GEAR PRICEBUYERS
NAMEBUYERS NATION
NOTES IMO
ALBA RESALE BC 2010STX
SHIPBUILDING 180,000 $62.00mCHINESE BUYERS
CHINA -
ORIENTAL BAY BC 2010SASEBO SASEBO 179,764 $71.50m
FIVE STAR SHIPPING
CHINASELLERS ARE CIDO SHIPPING
CHINA 9402299
AZUL GLORY BC 1998DAEWOO
HEAVY INDUSTRIES
178,000 $40.50mCHINESE BUYERS
CHINA
SELLERS ARE BERNHARD SCHULTE SHIPMANAGEMENT,
GERMANY. C/F DELIVERY FEB/MARCH 2010
9157612
CAPE VICTORY BC 2003 NAMURA IMARI 177,313 $52.00mCHINESE BUYERS
CHINASELLERS ARE FUYO KAIUN CO
LTD, JAPAN 9271389
ALAMEDA BC 2001SAMHO HEAVY
INDUSTRIES 170,726 $45.00mCHINESE BUYERS
CHINASELLERS ARE CARDIFF MARINE INC, GREECE. 9228174
CHS STAR BC 1991HYUNDAI HEAVY
INDUSTRIES150,149 $17.50m
CHINESE BUYERS
CHINASELLERS ARE COSCO (HK)
SHIPPING, CHINA 8907905
SUNLIGHT OCEAN BC 2008 JAPAN 82,331 $41.00mCHINESE BUYERS
CHINASELLERS ARE DOUN KISEN KK
JAPAN 9336878
FORTUNE OCEAN BC 2006 SASEBO H.I. 76,801 - 9304576
FORTUNE PRINCESS BC 2006 OSHIMA 76,635 - 9343326
NORD SATURN BC 2005 JAPAN 76,620 $36.30mCHINESE BUYERS
CHINA
SELLERS ARE SEA JUSTICE S.A., GREECE. SELLERS HAD PURCHASED VESSEL IN NOV
2008 FOR $30m.
9330898
NAVIOS ORION BC 2005IMABARI
MARUGAME 76,602 $36.50mUNDISCLOSED
BUYERS-
SELLERS ARE NISSEN KAIUN CO LTD, JAPAN. SOLD WITH
SS/DD DUE9302748
THERESA HEBEI BC 2004 TSUNEISHI 76,436 $35.25mEUROPEAN
BUYERSEUROPE
SHE WAS SOLD IN MAY 09 FOR $31MIL AND NOW 7 MONTHS LATER SOLD FOR $35.25MIL
NET - SELLERS ARE SINGAPORE BASED
9284881
NAVDHENU TRUST BC 1983BREMER VULKAN 75,590 D2 $6.75m MEDNAV ITALY
SELLERS ARE ACCORD MANAGEMENT PVT LTD., INDIA.VESSEL WAS BUILT AS AN OBO
8111697
ERNST SALAMON BC 1999IMABARI
MARUGAME 74,002 $26.50m GREEK BUYERS GREECE
SELLERS ARE EMI SCHIFFAHRTS GMBH
GERMANY. PREVIOUS SALE REPORTED LATE NOV FAILED.
9193850
JUNO ISLAND BC 1997 JAPAN 72,080 P&C DEALUNDISCLOSED
BUYERS-
SELLERS ARE IINO KAIUN KAISHA LTD - JAPAN 9142978
LIONS GATE BRIDGE CONT 2001HYUNDAI HEAVY
INDUSTRIES71,395 5610 TEU $21.00m
UNDISCLOSED BUYERS
- SELLERS ARE K LINE JAPAN 9224518
PIERRE BC 1996 SANOYAS 70,316 $22.00mCHINESE BUYERS
CHINADELIVERY MARCH 2010 -
SELLERS ARE OCCEANFREIGHT INC GREECE
9109483
NOBLE JADE BC 1988 SANOYAS CORP 70,227 $11.50mCYPRUS MARITIME
GREECESELLERS ARE FLEET MANAGEMENT CHINA 8708232
SEJAHTERA BC 1994IMABARI
MARUGAME 69,073 $20.00mCHINESE BUYERS
CHINA
SELLERS ARE K LINE, SINGAPORE. SHE WAS
REPORTED SOLD IN OCT 2009 AT $18.5 TO CHINESE BUYERS
9087740
HAINA WEALTH BC 1989HYUNDAI HEAVY
INDUSTRIES68,772 $12.00m
CHINESE BUYERS
CHINA
SOLD WITH SS/DD DUE - SHE WAS SOLD IN MAR 09 FROM
VOGEMANN FOR 9.5 MIL USD, AND SOLD TO OTHER CHINESE
BUYERS FOR $12MIL ($2.5MIL PROFIT IN 8 MONTHS) - SELLERS ARE HAIDE
INTERNAITONAL HK CHINA
8800303
SANTOS SUCCESS BC 1984 JAPAN 66,894 $5.50mUNDISCLOSED
BUYERS- SELLERS ARE ETA DUBAI 8220175
HEBEI DIAMOND BC 1984 CHINESE TAIPEI 66,786 $20.00mCHINESE BUYERS
CHINASELLERS ARE HEBEI OCEAN
SHIPPING CHINA 8025800
VITATRADER BC 1983 SUMITOMO H I 66,764 $6.00mUNDISCLOSED
BUYERS-
SELLERS ARE VITA MANAGEMENT S.A., GREECE 8103482
$75.50mCLIENTS OF FARENCO
CHINA
SELLERS ARE CIDO SHIPPING HONG KONG, CHINA - SALE
ENBLOC FORTUNE PRINCESS, FORTUNE OCEAN FOR $75.5m
TO CLIENTS OF FARENCO. (SALE TO DRYSHIPS GREECE AND PREVIOUS REP SALES TO GREEKS AS WELL AS CHINESE AT SLIGHTLY HIGHER RATES, HAVE ALL FAILED AT SUBS)
DRY CARGO SHIPS SOLD DURING THIS MONTH DECEMBER
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
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GEM OF AQABA BC 1982 NKK 65,159 8018194
GEM OF HALDIA BC 1982HASHIHAMA
TADOSU 64,930 8005927
GEM OF COCHIN BC 1982 TSUNEISHI 64,976 $5.00mCHINESE BUYERS
CHINASELLERS ARE MSI SHIP
MANAGEMENT SINGAPORE. 8015192
SAGALAND BC 1982 HITACHI 64,931 $5.10mCHINESE BUYERS
CHINA
SELLERS ARE ASP SHIP MANAGEMENT UK. VESSEL
HAD BEEN REPORTED SOLD TO HER PRESENT SELLERS
FOR $30m BACK IN JUNE 2008.
8021804
SB KING BC 1982 JAPAN 61,659 P&C DEALTCT MARITIME
COKOREA
SELLERS ARE KC LINE CO LTD KOREA 8024260
SPP RESALE BC 2010 SPP 59,000 $31.80m GOLDENPORT GREECE -
FORESTAL ESPERANZA
BC 1990 JAPAN 53,680 3X14.5T $9.70m ASIAN BUYERS ASIA
WOODCHIP CARRIER LICENSED FOR GRAINS - SELLERS ARE SANTOKU
SHIPPING JAPAN
9000326
ORIENTOR 2 BC 2002NANTONG
OCEAN 49,502 4X30T $24.70mUNDISCLOSED
BUYERS- SOLD WITH DD DUE 6/2010 9259848
PINDOS BC 1994 DANYARD 48,218 4X25T $17.90mCHINESE BUYERS
CHINASELLERS ARE HELIKON
SHIPPING ENTERPRISES UK. 9100217
ZSQ STAR BC 1986 ISHIBRAS 45,470 3X25T P&C DEALCHINESE BUYERS
CHINASELLERS ARE CHINESE
GOVERNMENT 8204834
SARONIKOS BRIDGE CONT 1990 SAMSUNG HI 44,044 2700 TEU 8814512
MSC SEINE CONT 1990 SAMSUNG HI 43,939 2700 TEU 8814524
GINGKO BC 1984HASHIHAMA
TADOSU 43,366 4X25T $7.50mSINGAPORE
BUYERSSINGAPORE
SELLERS ARE SHANGHAI VASTEAST INTERNATIONAL
CHINA8318623
GREGOS BC 1984 KOYO MIHARA 38,434 4X25T $7.90m GREEK BUYERS GREECESELLERS ARE TRANSBULK MANAGEMENT INC GREECE 8307210
ZRIN CONT 1993 CROATIA 35,100 4X40T, 2275 TEU $4.70mUNDISCLOSED
BUYERS-
AS IS CAGLIARI - SELLERS ARE JADROPLOV CROATIA 9005429
BOHINJ BC 1984 SPAIN 34,942 $4.45mUNDISCLOSED
BUYERS- 8112964
JIANMAO 18 BC 1984 AESA BILBAO 34,750 4X25T $5.30mEUROPEAN
BUYERSEUROPE
SELLERS ARE COSCO HK SHIPPING CHINA. VESSEL WAS
PURCHASED A YEAR AGO (DEC 2008) FROM EUROBULK
AT $2.8m
8026684
DISCOVERER BC 1983MITSUBISHI
KOBE 34,110 4X25T $5.20mUNDISCLOSED
BUYERS-
SELLERS ARE KRISTEN MARINE SA GREECE. SALE INCL A TC ATTACHED FOR 2
YEARS AT $10500/DAY
8209028
KRITIKA NAREE BC 1982 MITSUBISHI 34,072 4X25T $4.35mMALAYSIAN
BUYERSMALAYSIA
SELLERS ARE PRECIOUS SHIPPING PUBLIC THAILAND 8029088
LODESTAR FOREST BC 2005HAKODATE HAKODATE 31,923 4X30T $23.50m
PACIFIC BASIN HK
CHINA
SELLERS ARE IMABARI SENAPAKU CO LTD., JAPAN. TC FREE DELIVERY END Q1
2010
9295153
CALYPSO I BC 1977 YUGOSLAVIA 30,880 $2.00mAL AHLIA
MARINE CO LTDKUWAIT
SOLD TO KUWAIT CEMENT TRADING INTERESTS AT AUCTION IN SINGAPORE
7413751
BASIC RELIANCE BC 2002SHIKOKU
SHIPYARD 29,887 4X30T $19.70m GREEK BUYERS GREECESELLERS ARE DOUN KISEN KK
JAPAN 9254745
WRESTLER BC 2009NANTONG
NIKKA 29,000 4X30T $23.50m GREEK BUYERS GREECE -
CLIPPER LAKE BC 2001IMABARI IMABARI 28,492 4X30.5T $19.00m
UNDISCLOSED BUYERS
-CLIPPER BULK (PORTLAND)
LTD, USA 9253404
FGM ACHIEVER BC 1978 UK 28,492 1X25T, 4X15T $2.57mUNDISCLOSED
BUYERS-
SELLERS ARE AL FAHEL SHIPPING - SYRIA 7343231
HANJIN ISTANBUL BC 1997HANJIN HI CO
LTD 27,369 4X30T $15.80mTURKISH BUYERS
TURKEY
SELLERS ARE HANJIN SHIPPING CO LTD KOREA.
SALE REPORTED IN JUNE 2009 AT $15m TO UNDISCLOSED
BUYERS FAILED.
9128116
MARITIME MASTER BC 1984 JAPAN 26,320 2X26T, 2X25T $3.83mCHINESE BUYERS
CHINASOLD ON SUBS WITH SS/DD
DUE - SELLERS ARE IMC SINGAPORE
8405220
HILDA BC 1984 KURUSHIMA 24,928 4X25T $4.20mUNDISCLOSED
BUYERS-
SELLERS ARE ETERNITY SHIPPING AGENCIES CHINA 8323692
PACIFIC WINNER RORO 1987 ITALY 23,845 P&C DEALABOU MERHI
LINES SALLEBANON
VEHICLE CARRIER - SELLERS ARE CSAV CHILE 8511691
$10.50mCHINESE BUYERS
$11.40mUNDISCLOSED
BUYERS
CHINA
SOLD ENBLOC GEM OF AQABA AND GEM OF HALDIA FOR
$10.5m FOR BOTH UNITS TO CHINESE BUYERS
-
SOLD ENBLOC SARONIKOS BRIDGE ANDMSC SEINE FOR
$11.4m FOR BOTH UNITS. SELLERS ARE GRANDUNION
INC GREECE
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
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MERLION ACE RORO 1984 JAPAN 17,090 $4.00mJORDAN BASED
BUYERSJORDAN
VEHICLE CARRIER - SELLERS ARE SSC CARRIERS PRIVATE
SINGAPORE8303989
SINAR BANGKA CONT 2000 HAKATA ZOSEN 14,000 1060 TEU P&C DEALJAPANESE
BUYERSJAPAN 9220304
TOR NERINGA RORO 1975ANKERLOKKEN
VERFT FLO 10,32012000 BHP, 182
CARS 380 TEU$3.60m
ITALIAN BUYERS
ITALY
SOLD FOR EURO 2.5m. SELLERS ARE BRAX
SHIPHOLDING REDERI SWEDEN
7411387
TEOS MPP 1979 NAIKAI SETODA 10,082D1X80T,
D1X22T, 2X16T$1.60m
SYRIAN BUYERS
SYRIASELLERS ARE TROY SHIPPING
TURKEY 7800306
ATTIKA BC 2001 CONSTANTA 7,511 $5.00mGERMAN BUYERS
GERMANYSELLERS ARE PETER DOHLE SCHIFFAHRTS-KG, GERMANY 9218193
ALKA BC 1991NERVION SA
BILBAO 7,365 4X20T, 294 TEU $4.45mSAKHALIN
SHIPPING CORUSSIA
SELLERS ARE LITHUANIAN SHIPPING CO 8711306
ICE KING MPP 1994NERVION SA
BILBAO 7,365 4X20T P&C DEALUNDISCLOSED
BUYERS-
SELLERS ARE ELMAR SHIPPING GREECE 8711320
SUPERFAST V PAX 2001 HDW AG KIEL 6,515 $120.00mFRENCH BUYERS
FRANCE
SELLERS ARE SUPERFAST FERRIES GREECE. SOLD FOR
ABT EURO 81.5m FOR DELIVERY FEB 2010
9198927
ST.ELIZABETH MPP 1983 NISHI 6,509 D4X15T P&C DEALUNDISCLOSED
BUYERS- 8313104
ZEYA CONT 1995KROEGERWERF
T 4,868 366 TEU $1.62mRUSSIAN BUYERS
RUSSIASELLERS ARE SAKHALIN
SHIPPI NG RUSSIA 9118355
STX BREVIK NB OFFSHORE 2010 STX BREVIK 4,250 $31.30m JJ UGLAND NORWAY -
SAGA MOON RORO 1984SCHLICHTING
WERFT 4,011134.8 LOA, 948
LM$2.63m
MEXICAN BUYERS
MEXICO 8411267
MOONDANCE RORO 1978RICKMERS RICKMERS 3,046 $0.75m
STAR LINE MARITIME CO
LTD
TURKEYSELLERS ARE SEATRUCK FERRIES SHIPHOLDING UK 7800112
PACIFIC OCEAN 1392 SUPPLY 2009JIANGJIANG NANYANG 3,000 4000 BHP $16.00m
UNDISCLOSED BUYERS
- -
JAYA VOYAGER TUG 2009TONGFANG JIANGXIN 3,000 $18.00m
SUPREME VOYAGER PTE
SINGAPORE 9527582
BLUE STAR OFFSHORE 2009JINGJIANG
NANYA 2,998 4400 BHP $16.00mUNDISCLOSED
BUYERS-
SELLERS ARE P[ACIFIC OCEAN ENGINEERING SINGAPORE 9561239
SUMISE MARU NO. 21 BC 1984SHINHAMA
ANAN 2,955 P&C DEALUNDISCLOSED
BUYERS-
SELLERS ARE SUMISE KAIUN KK, JAPAN. CEMENT CARRIER 8317370
BLUE MONARCH PAX 1966 L'ATLANTIQUE 2,931150,09 LOA, 548
PAX$2.40m
UNDISCLOSED BUYERS
- 6604834
BLUE OCEAN OFFSHORE 2008 CHINA 2,866 $15.00mUNDISCLOSED
BUYERS- 9539717
SIBARI RORO 1970ITALCANTIERI
STABIA 2,154141.5 LOA, 430
LMP&C DEAL
UNDISCLOSED BUYERS
-PASSENGER RORO - SELLERS
ARE RETE FERROVIARIA ITALIANA - ITALY
6919758
FUTURE ONE AHTS 1979 CANADA 1,971 P&C DEALVIETNAM UNION SALVAGE CORP
VIETNAMSELLERS ARE VROON BV
NETHERLANDS 7623899
THE IRIS PAX 1982A WARSKIEGO SZCZECINSKA 1,762 P&C DEAL
KRISTINA CRUISES
FINLANDSELLERS ARE MANO
MARITIME LTD, ISRAEL 7625811
AUTOTRANSPORTER RORO 1983 KAMBARA 1,566 8200577
AUTOLINE RORO 1983 KAMBARA 1,550 8200565
FUJIAN SOUTHEAST RK035
AHTS 2009FUJIAN
SOUTHEAST 1,349 $10.50mMERMAID MARITIME
THAILAND 9552628
FUJIAN SOUTHEAST RK036
AHTS 2009FUJIAN
SOUTHEAST 1,349 P&C DEALUNDISCLOSED
BUYERS- -
CAPE HATTERAS AHTS 1990 USA 1,200 P&C DEALUNDISCLOSED
BUYERS-
SELLERS ARE PYTHON ENGINEERING - NOGERIA 8305547
WILLOW RIVER SUPPLY 1987 HALTER 1,194 $2.50m GAC MARINE UAESELLERS ARE EASTERN
MARINE SERVICES LTD HONG KONG
8216461
Note1: With Red color are indicated all Greek interest Buyers or Sellers
-SYRIAN BUYERS
SYRIA
SOLD EN BLOC AUTOTRANSPORTER AND
AUTOLINE FOR UNDISCLOSED PRICE. ALREADY HANDED TO
NEW OWNERS.
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
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DRY CARGO 2ND HAND MARKET STATISTICS
country units %
2009 UNITS OUTLAY$ DWT GREECE 176 17.20%
JANUARY 59 $739.15m 2,375,492 JAPAN 168 16.42%
FEBRUARY 72 $680.70m 2,602,913 CHINA 102 9.97%
MARCH 100 $969.73m 3,850,508 GERMANY 63 6.16%
APRIL 75 $913.02m 3,569,193 SINGAPORE 52 5.08%
MAY 93 $1,349.70m 5,114,776 KOREA 47 4.59%
JUNE 109 $1,656.33m 5,550,060 UK 38 3.71%
JULY 108 $1,123.31m 4,361,485 NORWAY 37 3.62%
AUGUST 71 $1,017.58m 2,816,776 DENMARK 31 3.03%
SEPTEMBER 52 $709.83m 1,622,423 THAILAND 25 2.44%
OCTOBER 104 $1,527.82m 3,907,517 USA 24 2.35%
NOVEMBER 100 $1,082.70m 3,821,706 TURKEY 22 2.15%
DECEMBER 80 $1,189.25m 3,609,471 RUSSIA 18 1.76%
TOTAL 1023 $12,959.11m 43,202,320 UAE 17 1.66%
INDIA 15 1.47%
NETHERLANDS 15 1.47%
COUNTRY UNITS % OUTLAY ($) % DWT % ITALY 15 1.47%
CHINA 272 26.59% $3,593 27.73% 14,994,587 34.71% BELGIUM 10 0.98%
GREECE 172 16.81% $3,285 25.35% 9,051,279 20.95% ALL OTHER 126 12.32%
TURKEY 49 4.79% $642 4.95% 1,470,194 3.40% UNDISCL 22 2.15%
GERMANY 30 2.93% $487 3.76% 911,618 2.11% TOTAL 1023 100.00%
SYRIA 28 2.74% $57 0.44% 517,392 1.20%
VIETNAM 23 2.25% $226 1.75% 672,390 1.56%
MONACO 20 1.96% $14 0.11% 485,841 1.12%
ITALY 19 1.86% $272 2.10% 578,742 1.34%
INDONESIA 18 1.76% $106 0.82% 441,275 1.02%
JAPAN 17 1.66% $444 3.43% 1,611,513 3.73%
RUSSIA 16 1.56% $136 1.05% 369,580 0.86%
SINGAPORE 16 1.56% $209 1.61% 576,533 1.33%
KOREA 16 1.56% $203 1.57% 722,492 1.67%
TAIWAN 13 1.27% $197 1.52% 827,829 1.92% COUNTRY UNITS % rank
UNDISCL 147 14.37% $1,302 10.05% 4,371,201 10.12% JAPAN 483 73.0% 1
ALLOTHER 167 16.32% $1,980 15.28% 6,427,683 14.88% KOREA 65 9.8% 2
TOTAL 1023 100.00% $12,959 100.00% 43,202,320 100.00% CHINA 50 7.6% 3
POLAND 10 1.5% 5
UK 11 1.7% 4
SPAIN 7 1.1% 6
SINGAPORE 1 0.2% 7
ALL OTHER 35 5.3%
TOTAL 662 100.0%
2009 BC SD CONT MPP TWEEN REEFER PASS RORO OTHER TOTAL
JANUARY 45 0 3 4 0 0 1 4 2 59FEBRUARY 42 0 12 11 0 0 0 1 6 72
MARCH 71 0 5 12 2 3 2 2 3 100APRIL 58 3 2 3 3 1 2 1 2 75
MAY 81 0 4 4 0 1 1 1 1 93JUNE 67 0 22 11 0 0 1 4 4 109JULY 54 1 17 19 4 5 0 6 2 108
AUGUST 43 1 7 10 1 0 0 7 2 71SEPTEMBER 26 0 10 9 0 1 0 1 5 52
OCTOBER 72 1 11 9 0 5 0 3 3 104NOVEMBER 53 0 13 20 1 9 2 1 1 100DECEMBER 50 0 6 3 0 0 0 8 13 80
TOTAL 662 6 112 115 11 25 9 39 44 1,023
SELLERS - Greek Sellers have disposed 176 units (165 last) in 2009, while Japanese Sellers have sold 168 units (157 last). In 3rd place follow the Chinese sellers with 102 units (89 last), while German sellers have sold 63 units,
Singapore sellers 52 units, Korean sellers 47 units and UK sellers are in 7th place in the list with 38 units.
Dec 2009 was lower in volume than the hottest months of 2009. Activity slowed down after Oct and Nov 2009 where we had more than 100 units per month sold. This month
we had 80 units of 1 billion usd worth and 3.6million tonnes of carrying capacity traded. A total of 1024 units were sold
during 2009, and this is a very large number of units considering that the 13billion usd spent was mainly
investors equity as Banks finance was limited in quanitity as well as the percentage new investors could borrow.
BUYERS - China has not slowed down their intake of secondhand ships, as the balance between Chinese buyers and Greeks became for once more is bigger. Chinese have bought 27 more ships this month while Greeks 7 units. Chinese have got so far a total of 272 units (245 last). Greeks follow "seriously challenged" but still strong in 2nd place with 172 units (165 last), but the gap as mentioned has widened even more, while Turkish Buyers have come up strong finishing the year 3rd with 49 units (43 last), with German buyers keeping 4th place with 30 units (29 last).
DRY CARGO UNITS SOLD - BREAKDOWN PER MONTH 2009
2009 DRY CARGO STATISTICS - BUYERS
Out of a total of 662 DRY BULK CARRIERS sold during 2009, it is interesting to see that 483 vessels (73% of total) are built in JAPAN based Shipyards. This is a very interesting trend that we noted over the past months and following it closely for this current year we see that the percentage achieved is very stable and remains unchanged never dropping below the 70% mark. 65 units or 9.8% of all vessels traded in the second-hand market are built in Korea, with China to follow with 50 units or 7.6% of the total. So it is clearly obvious as 3 out of 4 Bulkers sold are "BIG IN JAPAN" it goes without saying that if a ship wants to stand a good chance of finding quickly a new owner then she "better be built in JAPAN"!!!
MONTHLY UNIT SALE ACTIVITY
SELLERS STATS 2009
2009 BULKER VSLS SOLD - COUNTRY OF BUILT
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 5 of [email protected], [email protected]
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CHANGE CHANGE
FR0M 11/7/08 FR0M 1/9/08
NB CAPE $97.0 $96.7 $68.0 -30% 5y CAPE $149.0 $150.5 $51.5 -66%
NB PMX $51.7 $57.0 $41.0 -28% 5y PMX $88.5 $88.0 $33.0 -63%
NB HANDY $44.0 $49.0 $33.0 -33% 5y HANDY $77.6 $73.6 $26.7 -64%
CHANGE CHANGE
FR0M 1/9/08 FR0M 1/9/08
10y CAPE $111.0 $131.0 $42.1 -68% 20y CAPE $79.0 $82.0 $17.8 -78%
10y PMX $76.0 $76.0 $26.5 -65% 20y PMX $49.9 $47.0 $11.3 -76%
10y HANDY $61.5 $62.0 $21.0 -66% 20y HANDY $42.7 $41.0 $9.9 -76%
2004 built (5Y) OLD BULKERS PRICE COMPARISON
TYPE
28/12/07
TYPE
28/12/07
24/12/09
11/07/08
11/07/0828/12/07
In the table on the top we see monthly number of dry cargo ships sold as of December 2009, compared to 2008's monthly activity.
In the table on the top we see the MONTHLY dry cargo capital expenditure for December 2009 compared to 2008's monthly activity.
1989 built (20Y) OLD BULKERS PRICE COMPARISON
TYPE
24/12/09
11/07/08 01/04/89
11/07/08
1999 built (10Y) OLD BULKERS PRICE COMPARISON
TYPE
Tables above compare prices from 28th Dec 2007 and 11th Jul 2008 with today
NB BULKERS PRICE COMPARISON
24/12/09
28/12/07
Dry cargo units sold 2009 vs 2008
79 7783
95 96
74
52
33
44 42
100
71
100
80
110
71
108 104
59
7275
93
109
52
30
40
50
60
70
80
90
100
110
JANUARY
FEBRUARY
MARCHAPRIL
MAYJUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
units 2008 2009 Dry cargo - Capital expend. 2009 vs 2008
$2,675 $2,660
$1,528$1,339 $1,340
$3,950
$2,027
$3,615
$2,172$1,602
$809
$567 $351
$1,189
$710
$1,350
$970$1,123
$1,018
$913$739 $681
$1,656$1,083
$150.00m
$650.00m
$1,150.00m
$1,650.00m
$2,150.00m
$2,650.00m
$3,150.00m
$3,650.00m
$4,150.00m
JANUARY
FEBRUARY
MARCHAPRIL
MAYJUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
2008 2009
DRY CARGO (2000 - 2009) NB vsl PRICES
$16
$31
$46
$61
$76
$91
Jun-0
0
Dec-0
0
Jun-0
1
Dec-0
1
Jun-0
2
Dec-0
2
Jun-0
3
Dec-0
3
Jun-0
4
Dec-0
4
Jun-0
5
Dec-0
5
Jun-0
6
Dec-0
6
Jun-0
7
Dec-0
7
Jun-0
8
Dec-0
8
Jun-0
9
Dec-0
9
CAPE 170KPANAMAX 70KHANDY 50K
DRY CARGO (2000 - 2009) 5y OLD vsl PRICES
$10
$33
$55
$78
$100
$123
$145
Jun-0
0
Dec-0
0
Jun-0
1
Dec-0
1
Jun-0
2
Dec-0
2
Jun-0
3
Dec-0
3
Jun-0
4
Dec-0
4
Jun-0
5
Dec-0
5
Jun-0
6
Dec-0
6
Jun-0
7
Dec-0
7
Jun-0
8
Dec-0
8
Jun-0
9
Dec-0
9
CAPE 170KPANAMAX 70KHANDY 50K
DRY CARGO (2000 - 2009) 10y OLD vsl PRICES
$8
$28
$48
$68
$88
$108
$128
Jun-0
0
Dec-0
0
Jun-0
1
Dec-0
1
Jun-0
2
Dec-0
2
Jun-0
3
Dec-0
3
Jun-0
4
Dec-0
4
Jun-0
5
Dec-0
5
Jun-0
6
Dec-0
6
Jun-0
7
Dec-0
7
Jun-0
8
Dec-0
8
Jun-0
9
Dec-0
9
CAPE 170K
PANAMAX
DRY CARGO (2000 - 2009) 20y OLD vsl PRICES
$2
$15
$27
$40
$52
$65
$77
Jun-0
0
Dec-0
0
Jun-0
1
Dec-0
1
Jun-0
2
Dec-0
2
Jun-0
3
Dec-0
3
Jun-0
4
Dec-0
4
Jun-0
5
Dec-0
5
Jun-0
6
Dec-0
6
Jun-0
7
Dec-0
7
Jun-0
8
Dec-0
8
Jun-0
9
Dec-0
9
CAPE 170KPANAMAX 70KHANDY 50K
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 6 of [email protected], [email protected]
www.cotzias.gr – visit our constantly updated website NOVEMBER 2009
2009NAME TYPE YEAR BUILT DWT PRICE
PRICE NOTE
BUYERS NAME
BUYERS NATION
NOTES IMO
EFFIE MAERSK TANKER 2000 HYUNDAI HI 307,190 $65.00mUNDISCLOSED
BUYERS-
SELLERS ARE A P MOLLER, DENMARK. SALE REPORTED IN SEPT 09 TO SOECHI LINES, SUB TO PERTAMINA TENDER
AT $64m FAILED.
9200835
BRITISH PROGRESS TANKER 2000 SAMSUNG HI 306,397 P&C TERMS FRONTLINE NORWAYSELLERS ARE BP SHIPPING
LTD ISLE OF MAN 9180152
HAMAL STAR TANKER 1994 KOREA 301,550 $20.00mKOREAN BUYERS
KOREASOLD FOR CONVERSION - SELLERS ARE VELA UAE 9060326
CONCORD TANKER 1988 KOREA 276,052 $16.00mCHINESE BUYERS
CHINA
SOLD FOR STORAGE - SELLERS ARE DYNACOM TANKERS MANAGEMENT
GREECE
8614417
VIKING CRUX TANKER 1991 KOREA 145,200 $7.97mPRATIBHA
SHIPPING CO LTD
INDIA
SOLD AT AUCTION IN SINGAPORE PLUS BUNKERS - ON SUBS (OUT OF CLASS AND
SS DUE)
9000558
ROSI I TANKER 2009 JAPAN 107,500 $52.00m BRIGHTOIL CHINASELLERS ARE POLYAR TANKERS AS, NORWAY 9398278
VANGUARD VIKING 1 TANKER 1991DALIAN NEW
SHIPBUILDING 99,320 $7.78m GREEK BUYERS GREECE
SELLERS ARE THOME SHIP MANAGEMENT SINGAPORE.
SOLD AT AUCTION IN SINGAPORE PLUS SGD 207100
FOR BUNKERS ON BOARD. OUT OF CLASS AND IN NEED
OF SOME STEEL REQ
8901626
CHEMTRANS LYRA TANKER 1993SAMSUNG
HEAVY INDUSTRIES
97,097 $12.00mFRED OLSEN PRODUCTION
NORWAY
SELLERS ARE DIVAG (DEUTSCHE INVESTITIONS-
UND VERMOGENS- TREUHAND AKTIENGESELLSCHAFT)
GERMANY. IN NOV 2009 SHE WAS REPORTED SOLD TO CHINESE BUYERS AT $12m
AND IN JUNE 2009 AT $16.5m TO INDONESIAN BUYERS
9006899
SCIROCCO TANKER 2009NEW TIMES
SHIPBUILDING 73,382 9407835
CONSTANTINOS TANKER 2009NEW TIMES
SHIPBUILDING 73,307 9406910
MAISTROS TANKER 2009NEW TIMES
SHIPBUILDING 73,307 9407847
MELTEMI TANKER 2009NEW TIMES
SHIPBUILDING 73,289 9407823
GAN-VICTORY TANKER 2007 HYUNDAI HI 46,702 $26.50m USA BUYERS USASELLERS ARE DUNYA
DENIZCILIK VE TICARET AS TURKEY
9315783
PACIFIC HORIZON TANKER 1999SHIN
KURUSHIMA 44,370 $6.00mUNDISCLOSED
BUYERS-
SELLERS ARE BERNHARD SCHULTE SHIPMANAGEMENT
GERMANY. 9183312
THAIOIL 1 TANKER 1989SINGAPORE
SLIPWAY 5,200 $1.25mUNDISCLOSED
BUYERS-
SELLERS ARE THAI OIL CO LTD THAILAND 8900880
EISHIN MARU NO.17 TANKER 1999 IMABARI 4,998 $1.50mUNDISCLOSED
BUYERS-
SELLERS ARE KOEI KAIUN CO LTD JAPAN 9209984
Note1: With Red color are indicated all Greek interest Buyers or Sellers
DECEMBERTANKER SHIPS SOLD DURING THIS MONTH
$52.00m
SOLD ENBLOC MELTEMI,
SCIROCCO, MAISTROS
AND CONSTANTINOS BASIS BBHP FOR 10 YEARS
(15% PAYMENT ON
DEL, $11m BALOON
PAYMENT) @$27750/DAY FOR FIRST 3
YRS AND $16350/DAY
FOR THE BALANCE 7
YRS
PDVSA/JOINT VENTURE WITH
VITOLVENEZUELA
SOLD ENBLOC MELTEMI, SCIROCCO, MAISTROS AND CONSTANTINOS BASIS BBHP
FOR 10 YEARS (15% PAYMENT ON DEL, $11m BALOON
PAYMENT) @$27750/DAY FOR FIRST 3 YRS AND $16350/DAY
FOR THE BALANCE 7 YRS. SELLERS ARE DTNACOM
TANKERS GREECE
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 7 of [email protected], [email protected]
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TANKER 2ND HAND MARKET STATISTICS
COUNTRY UNITS %
2009 UNITS OUTLAY$ DWT SINGAPORE 41 14.54%
JANUARY 35 $1,375.35m 2,820,931 JAPAN 41 14.54%
FEBRUARY 17 $406.80m 1,038,858 GREECE 38 13.48%
MARCH 20 $334.25m 669,943 NORWAY 20 7.09%
APRIL 22 $267.90m 645,958 KOREA 13 4.61%
MAY 44 $752.00m 2,915,942 CHINA 13 4.61%
JUNE 16 $306.15m 1,020,289 USA 12 4.26%
JULY 22 $414.55m 1,775,156 ITALY 10 3.55%
AUGUST 17 $535.85m 1,520,727 UK 10 3.55%
SEPTEMBER 21 $796.70m 2,981,831 TURKEY 9 3.19%
OCTOBER 24 $281.65m 1,820,881 UAE 9 3.19%
NOVEMBER 28 $657.10m 2,844,259 CYPRUS 7 2.48%
DECEMBER 16 $424.00m 2,034,861 MALAYSIA 6 2.13%
TOTAL 282 $6,552.30m 22,089,636 GERMANY 4 1.42%
SWISS 3 1.06%
RUSSIA 3 1.06%
COUNTRY UNITS OUTLAY ($) % DWT % BULGARIA 3 1.06%
GREECE 43 $1,051 16.04% 2,625,084 11.88% SOUTH AFRICA 3 1.06%
CHINA 24 $577 8.81% 3,881,474 17.57% ALL OTHER 26 9.22%
USA 20 $778 11.87% 1,712,659 7.75% UNDISCL 11 3.90%
NORWAY 18 $667 10.18% 1,563,724 7.08% TOTAL 282 100.00%
SINGAPORE 17 $283 4.31% 543,898 2.46%
VIETNAM 14 $173 2.64% 433,690 1.96%
INDONESIA 12 $188 2.87% 885,484 4.01%
LIBYA 8 $391 5.97% 711,620 3.22%
TURKEY 7 $45 0.69% 84,064 0.38%
JAPAN 7 $263 4.02% 906,392 4.10%
KOREA 6 $52 0.79% 584,709 2.65%
VENEZUELA 5 $214 3.27% 296,851 1.34%
BRAZIL 4 $79 1.20% 1,137,164 5.15%
UNDISCL 39 $774 11.81% 2,986,672 13.52%
ALL OTHER 58 $1,017 15.52% 3,736,151 16.91%
TOTAL 282 $6,552 100.00% 22,089,636 100.00%
2009VLCC & ULCC
SUEZMAXAFRAMAX
110KPANAMAX 70K PROD 45K < 40,000 OBO LPG & LNG TOTAL
JANUARY 2 5 9 0 7 12 0 0 35
FEBRUARY 1 1 3 2 0 8 0 2 17
MARCH 0 0 4 0 3 13 0 0 20
APRIL 1 0 0 0 4 16 0 1 22
MAY 6 1 3 0 8 25 0 1 44
JUNE 2 1 1 0 2 8 0 2 16
JULY 1 7 2 1 1 8 0 2 22
AUGUST 2 3 3 0 1 8 0 0 17
SEPTEMBER 8 0 3 1 5 1 0 3 21
OCTOBER 3 3 0 1 5 9 0 3 24
NOVEMBER 4 2 5 0 9 6 0 2 28
DECEMBER 4 1 3 4 2 2 0 0 16TOTAL 34 24 36 9 47 116 0 16 282
TANKER UNITS SOLD - BREAKDOWN PER SIZE AND MONTH 2009
2009 TANKER buyer STATISTICS
BUYERS - Greek buyers have kept the lead at least in the tankers...!! They have acquired 43 unitsthis year, with Chinese buyers 2nd with 24 units while USA buyers are 3rd with 20 units and Norwegian buyers 4th with 18 units. Singapore buyers in 5th place having acquired 17 units while 6th place is for Vietnam with 14 units. Indonesian buyers have moved up and snatched 7th place with 12 units.
A great decrease in number of sales in Dec 2009. We reached the same lowest figure we had in June 09, that
of 16 deals only. Capital spent is low at 424 millino usd. A Total of only 282 Tanker deals took place in
2009. and that is low compared to 423 deals of 2008, and abt 600 of 2007. The tanker market has seriously
slowed down this year.
MONTHLY UNIT SALE ACTIVITY
SELLERS - The table on the RIGHT shows the nationality of the Sellers. Japanese Sellers are sharing
the 1st place of our sellers list, with Simngapore Sellers. Both ahave sold off, 41 units during 2009. In
3rd place Greek sellers having sold 38 units (33 last). They are followed by Norwegian sellers who sold 20 units followed by Chinese sellers and Korean sellers
with 13 units both.
SELLERS STATS 2009
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 8 of [email protected], [email protected]
www.cotzias.gr – visit our constantly updated website NOVEMBER 2009
CHANGE CHANGE
01/09/08 01/09/08
VLCC $142.7 $156.5 $97.0 -38% VLCC $130.5 $155.0 $77.0 -50%SUEZMAX $87.5 $96.0 $68.0 -29% SUEZMAX $96.0 $101.0 $59.0 -42%AFRAMAX $69.7 $78.0 $49.0 -37% AFRAMAX $69.2 $76.0 $39.0 -49%PANAMAX $63.0 $65.0 $41.0 -37% PANAMAX $57.0 $61.0 $33.0 -46%MR PROD $52.0 $55.0 $33.0 -40% MR PROD $53.9 $52.5 $23.5 -55%
CHANGE CHANGE01/09/08 01/09/08
VLCC $107.0 $128.0 $59.0 -54% VLCC $39.5 $39.5 $16.3 -59%SUEZMAX $76.5 $82.0 $41.5 -49% SUEZMAX $34.6 $34.5 $12.6 -63%AFRAMAX $56.0 $63.0 $26.0 -59% AFRAMAX $25.5 $25.5 $8.8 -65%PANAMAX $49.0 $50.5 $21.0 -58% PANAMAX $19.0 $24.0 $6.2 -74%MR PROD $42.5 $45.0 $18.5 -59% MR PROD $17.0 $18.0 $4.5 -75%
TYPE
11/07/08
5Y TANKERS PRICE COMPARISON
TYPE24/12/09 11/07/08
NB TANKERS PRICE COMPARISON
11/07/08
28/12/07
11/07/08 24/12/09
Tables above compare prices from 28th Dec 2007 and 11th Jul 2008 with today
10Y TANKERS PRICE COMPARISON
28/12/07
24/12/09
24/12/09TYPE
TYPE
20Y TANKERS PRICE COMPARISON
28/12/0728/12/07
shipsale activity in volume (number of ships sold per month 2009-2008)
TANKER units sold 2009 vs 2008
22
16
3943
11
35
1720
44
22
1721
2428
16
49
4848
4542
37
23
15
23
5
10
15
20
25
30
35
40
45
50
55
JANUARY
FEBRUARY
MARCHAPRIL
MAYJUNE
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
units2009 2008
NEWBUILDING TANKER PRICES 2000 - 2009
24
44
64
84
104
124
144
164
Jun-0
0
Dec-0
0
Jun-0
1
Dec-0
1
Jun-0
2
Dec-0
2
Jun-0
3
Dec-0
3
Jun-0
4
Dec-0
4
Jun-0
5
Dec-0
5
Jun-0
6
Dec-0
6
Jun-0
7
Dec-0
7
Jun-0
8
Dec-0
8
Jun-0
9
Dec-0
9
VLCC 300K
SUEZ 150K
AFRA 110KPANAMAX 70K
PROD 45K
5 YEAR OLD TANKER PRICES 2000 - 2009
20
40
60
80
100
120
140
160
Jun-0
0
Dec-0
0
Jun-0
1
Dec-0
1
Jun-0
2
Dec-0
2
Jun-0
3
Dec-0
3
Jun-0
4
Dec-0
4
Jun-0
5
Dec-0
5
Jun-0
6
Dec-0
6
Jun-0
7
Dec-0
7
Jun-0
8
Dec-0
8
Jun-0
9
Dec-0
9
VLCC 300K
SUEZ 150K
AFRA 110K
PANAMAX 70K
PROD 45K
10 YEAR OLD TANKER PRICES 2000 - 2009
13
33
53
73
93
113
133
Jun-0
0
Dec-0
0
Jun-0
1
Dec-0
1
Jun-0
2
Dec-0
2
Jun-0
3
Dec-0
3
Jun-0
4
Dec-0
4
Jun-0
5
Dec-0
5
Jun-0
6
Dec-0
6
Jun-0
7
Dec-0
7
Jun-0
8
Dec-0
8
Jun-0
9
Dec-0
9
VLCC 300K
SUEZ 150K
AFRA 110K
PANAMAX 70K
PROD 45K
20 YEAR OLD TANKER PRICES 2000 - 2009
3
8
13
18
23
28
33
38
43
Jun-0
0
Dec-0
0
Jun-0
1
Dec-0
1
Jun-0
2
Dec-0
2
Jun-0
3
Dec-0
3
Jun-0
4
Dec-0
4
Jun-0
5
Dec-0
5
Jun-0
6
Dec-0
6
Jun-0
7
Dec-0
7
Jun-0
8
Dec-0
8
Jun-0
9
Dec-0
9
VLCC 300K
SUEZ 150K
AFRA 110K
PANAMAX 70K
PROD 45K
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 9 of [email protected], [email protected]
www.cotzias.gr – visit our constantly updated website NOVEMBER 2009
NEWBUILDING ORDERS DECEMBER 2009UNITS TYPE TONNAGE YEAR PRICE
2 BC 95,000 DWT 20102 BC 82,000 DWT 2011 35.50
1 BC 82,000 DWT 2011 35.00
2 BC 81,000 DWT 2010 35.50
2 BC 76,000 DWT 20118 BC 76,000 DWT 20111 BC 75,700 DWT 2010 34.00
1 BC 58,000 DWT 2011 32.00
5 BC 57,000 DWT 2010 28.20
2 BC 57,000 DWT 2012 27.00
3 BC 56,300 DWT 20126 BC 37,300 DWT 2011 25.00
2 BC 37,000 DWT 2011 27.00
2 BC 35,000 DWT 2011 24.00
2 BC 35,000 DWT 2011 24.00
4 BC 35,000 DWT 2011 27.50
4 BC 34,000 DWT 2011 25.00
2 LPG 23,000 DWT 20113 LPG 8,800 DWT 20127 MPP 28,000 DWT 20111 MPP 9,000 DWT 2010
2 OFFSHORE 2011 300.00
1 PAX/CRUISE 13,500 DWT 2012 738.00
2 PROJECT 4,700 DWT 2012 88.00
3 TANKER 159,000 DWT 2011 62.002 TANKER 158,000 DWT 2011 62.00
10 TANKER 158,000 DWT 2011 64.002 TANKER 158,000 DWT 2011 68.003 TANKER 45,000 DWT 20122 TANKER 41,500 DWT 2011
1 TANKER 11,750 DWT 20122 TANKER 6,000 DWT 2011 18.00
6 TANKER 5,000 DWT 2011 22.003 TANKER 4,500 DWT 2011
2 TANKER 3,600 DWT 2011 17.25
2 TANKER 3,200 DWT 2010Note1: With Red color are indicated all Greek interest Buyers or Sellers
2009 ORDERS UNITS BC MPP CONT TANKER LNG/LPG ALL OTHERJANUARY 9 25 6 0 6 6 2 5
FEBRUARY 25 90 8 12 0 46 0 24MARCH 28 63 14 6 1 31 0 11APRIL 17 36 0 4 0 14 0 18MAY 7 17 3 4 0 6 0 4JUNE 10 50 37 1 0 6 0 6JULY 18 79 52 2 10 12 0 3
AUGUST 29 93 33 0 12 38 2 8SEPTEMBER 19 48 16 0 0 26 0 6
OCTOBER 18 67 27 15 2 8 0 15NOVEMBER 21 53 39 0 2 11 0 1DECEMBER 36 105 49 8 0 38 5 5
TOTAL 237 726 284 52 33 242 9 106
BITUMEN CARRIER
LPG- 5000 CUM
OPTION 1 MORE. DEDICATED MOLTEN SULPHUR CARRIEROCEAN REX SHIPPING CO
SEACOAST SHIPPING (PHIL)
HEAVY LIFT
PLUS 1 OPTION
3690 PAX
NATIONAL IRANIAN TANKER CO
VROON BV
JACCAR HOLDINGS LUXENBOURG
SAO MIGUEL NAVIGATIONSAO MIGUEL SHIPYARD
SEKWANG HI
21C SHIPBUILDING CO (KOREA)
LATVIAN SHIPPING
ELCANO
ETHIOPIAN SHIPPING
UNDISCLOSED CONTRACTOR
RWE INNOGY
CARNIVAL CORP
SIEM CONSUB BRAZIL
UNDISCLOSED
YANGZHOU DAYANG
HYUNDAI MIPO
DAJIAN SHIPBUILDING
DAEWOO HI
DAEWOO
SAMSUNG HI
BRAZILIAN YARD
STX CHINHAE
NANTONG DAODA
DAO DA SHIPYARD
SAMHO
JIANGSU NANTONG
XIAMEN SB
IHI MARINE UNITED (JAPAN)
NANJING HUATAI HI
IMABARI
SPP
GUANGZHOU LONGXUE
SPP SHIPBUILDING
HUDONG
JIANSU RONGSHENG
JIANGNAN CHANGXING
TSUNEISHI (ZHOUSHAN)
NEWBUILDING ORDERS BREAKDOWN by TYPE PER MONTH, for YEAR 2009
HONG KONG QINFA SHIPPING
POLEMBROS SHIPPING
NINGBO RONGSHENG SHIPPING
SHANGHAI FUJIAN
CHINESE BUYERS
JJ UGLAND
CHINA DALIAN INTERNATIONAL
FUTURE 56 DESIGN. ELEVEN NOW ORDERED FOR THIS OWNER
TWO MORE ORDERED IN ADDITION TO ONE ALREADY ON ORDER. THE TOTAL PRICE FOR THE 3 UNITS $153m. THE
TWO NEW UNITS AT LOW $40m. DELIVERY 1 IN 2010, 1 IN 2011 AND 1 IN
2012SAFE BULKERS
SEA JUSTICE
PIONEER SHIP MANAGEMENT UAE
CHINESE BUYERS
PLUS OPTION 2 MORE
PRODUCT
OPTION EXERCISED 9500CBM. TWO NOW ORDERED
30% DOWN PAYMENT
OPTION 6 MORE. REPLACEMENTS FOR 4 SIMILAR VSLS CANCELLED AT NOKBONG,
CINER GROUP
GERMAN BUYERS
CENTROFIN MGT
SONANGOL
ALMI TANKERS
STENA BULK AB
GLOBAL TRANSOCEANICO
ETHIOPIAN SHIPPING
MARINE CAPITAL
TAIWANESE BUYERS
HANZEVAST SHIPPING
HANZEVAST SHIPPING
NOTESYARD BUYER’S NAME
DELIVERY END 2010/ EARLY 2011
SEKO HI
HYUNDAI MIPO
ITAJAI SHIPYARD
TAIZHOU KOUAN
ZHEJIANG AOLIDAEWOO SHIPBUILDING AND
MARINE ENGINEERING
FINCANTIERI
STX BRAZIL OFFSHORE SA
SAMSUNG HI
NEW BUILDING ORDER TYPES FOR 2009
BC, 284, 39%
MPP, 52, 7%CONT, 33, 5%
TANKER, 242, 33%
LNG/LPG, 9, 1%
ALL OTHER, 106, 15%
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 10 of [email protected], [email protected]
www.cotzias.gr – visit our constantly updated website NOVEMBER 2009
2009NAME TYPE YEAR BUILT DWT LDT PRICE BREAKER IMO
AKER SMART 3 TANKER 1982 HITACHI ZOSEN 180,377 27,385 $270 BANGLADESH 8124747
VEMAOCEAN TANKER 1986 KOREA 107,175 16,340 - BANGLADESH 8325078
GIOVANNA TANKER 1991 JAPAN 96,117 14,222 $370 BANGLADESH 8907541
MOL ELBE CONT 1990 IHI KURE 59,045 19,267 $337 CHINA 8912247
SVYATAYA MARIYA BC 1975 GERMANY 54,612 10,812 $318 INDIA 7361128
MERAKLIS BC 1975RHEINSTAHL
NORDSEE53,836 10,880 $305 CHINA 7361130
OCEAN GRACE TANKER 1985 ODENSE LINDO 50,600 10,100 $363 INDIA 8321395
KRITI PALM TANKER 1986 YUGOSLAVIA 47,763 10,709 $357 AS IS 8420268
ATTALYA TANKER 1986GDANSKA
LENINA46,825 11,432 $90 PAKISTAN 7907790
HELSINKI EXPRESS CONT 1987MITSUBISHI
KOBE44,966 17,171 - INDIA 8413239
OSLO EXPRESS CONT 1987 TAMANO 44,966 17,171 $328 INDIA 8413289
MSC SERENA CONT 1977FLENDER WERFT
40,849 16,750 $323 INDIA 7502904
MOL DISCOVERY CONT 1991 MIHARA 40,499 15,542 $337 CHINA 9021253
SAMOS SKY BC 1981 BALTIYSKIY 38,250 9,276 $315 CHINA 7945417
ATLANTIC HURON MPP 1984 COLLINGWOOD 36,920 6,634 $310 CHINA 8025680
ANOOSH BC 1979 JAPAN 35,839 8,065 - INDIA 7632838
MSC ZANZIBAR BC 1985 HYUNDAI HI 33,860 8,485 $330 INDIA 8408856
UNIWERSYTET SLASKI BC 1979 A. WARSKIEGO 33,740 8,405 $310 BANGLADESH 7637852
IRAN MODARES BC 1977 JAPAN 33,667 7,559 - INDIA 7618985
ACCORD TANKER 1980MITSUI CHIBA
ICHIHARA31,374 7,676 $338 BANGLADESH 7612199
ARTEMIS CONT 1987ULJANIK
BRODOGRADIL 29,693 11,020 $287 INDIA 8505824
FLAG INVESTORS BC 1967 URAGA HI 27,616 8,453 $306 INDIA 6714017
EURUS SINGAPORE CONT 1989 ITALY 26,674 11,421 $361 INDIA 8618396
KAMINA CONT 1982L'ATLANTIQUE
FRANCE26,288 9,950 $320 INDIA 8002573
THOR COMMANDER BC 1984HOWALDT SWERKE HAMBU
26,140 7,780 $261 - 8306670
ZAVEN MPP 1979 DENMARK 23,720 7,750 - INDIA 7602194
MONCHEGORSK RORO 1983 FINLAND 23,128 10,816 $316 CHINA 8013039
MSC EAGLE CONT 1978 POLAND 23,047 13,530 $340 INDIA 7711555
MSC FEDERICA CONT 1974WARTSILA AB -
TURKU21,101 12,181 $330 INDIA 7347512
ESRAA TANKER 1982 PORTUGAL 18,732 6,076 $340 PAKISTAN 8001103
BRIGHT DREAM MPP 1987 WARNOWERFT 17,850 8,920 - INDIA 8715273
GEMINI 1 TWEEN 1979SHIN
KURUSHIMA17,806 5,405 $290 PAKISTAN 7825033
NILEDUTCH PROMINENCE
RORO 1982 POLAND 17,773 10,200 $308 INDIA 8107282
NILEDUTCH PRODIGY RORO 1985 POLAND 17,773 10,200 $308 INDIA 8500666
MSC GABRIELLA TWEEN 1983 WARNOWERFT 17,330 7,100 $330 INDIA 8120820
GALAXY TANKER 1985 BRODOSPLIT 17,109 6,042 $360 INDIA 8207056
OCEAN SPIRIT CAR 1985HITACHI
INNOSHIMA16,770 10,999 $305 CHINA 8321747
LILY GLORY BC 1974KASADO
KUDAMATSU 16,220 5,671 $280 CHINA 7377830
MSC IMMACOLATA CONT 1979 WARNOWERFT 14,719 8,220 $327 INDIA 764367
NOTESDECEMBERREPORTED DEMOLITION DEALS
SELLERS ARE AKER FLOATING PRODUCTION ASA, NORWAY
SELLERS ARE QUEENSWAY NAVIGATION GREECE
SELELRS ARE TOMASOS BROTHERS INC GREECE
SELLERS ARE MITSUI OSK LINES LTD JAPAN
SELLERS ARE FEDCOM SHIPPING UKRAINE
SELLERS ARE NAVEGADORA TRANSPACIFICAGREECE
SELLERS ARE BLUE LINE SHIPMANAGEMENT CO, GREECE
SELLERS ARE AVIN INTERNATIONAL SA GREECE - AS IS SINGAPORE
SELLERS ARE PROJECT SHIPPING INC, GREECE. AS IS BASIS WEST AFRICA- FIRE
DAMAGE
SELLERS ARE ANGLO-EASTERN SHIPMANAGEMENT, HONG KONG, CHINA
SELLERS ARE MSC SHIPMANAGEMENT, HK, CHINA. 2602 TEU
SELLERS ARE MITSUI OSK LINES LTD JAPAN
SELLERS ARE SAMOS ISLAND MARITIME CO, GREECE
SELLERS ARE CSL GROUP IN CANADA
SELLERS ARE IRISL IRAN
SELLERS ARE CONBULK SHIPPING SA, GREECE
SELLERS ARE POLSKA ZEGLUGA MORSKA (POLSTEAM) POLAND
SELLERS ARE IRAN SHIPPING LINES
SELLERS ARE PT CAKRA BAHANA INDONESIA
SELLERS ARE EUROBULK LTD, GREECE. AS IS PHILIPPINES. 2098 TEU
SELLERS ARE SEKUR HOLDINGS INC
SELLERS ARE ZODIAC MARITIME AGENCIES SINGAPORE
SELLERS ARE MIDOCEAN (IOM) LTD, ISLE OF MAN
SELLERS ARE THORESEN THAILAND
SELLERS ARE IRISL IRAN
SELLERS ARE BONMAR SA SWITZERLAND
SELLERS ARE DANAOS SHIPPING GREECE
SELLERS ARE MSC SHIPMANAGEMENT SINGAPORE
SELLERS ARE EMIRATES TRADING AGENCY UAE
SELLERS ARE BRIGHT SHIPPING, KOREA. $2,180,000 INDIA AS IS DURBAN INCL $392000
BUNKERS ON BOARD.
RORO WITH CONTAINER CAPACITY
RORO WITH CONTAINER CAPACITY
SELLERS ARE MSC SHIPMANAGEMENT HK, CHINA
SELLERS ARE RIGA TRANSPORT FLEET LATVIA
SELLERS ARE WORLD MARINE CO LTD, JAPAN. - VEHICLES CARRIER
SELLERS ARE GLORY CEMENT CARRIER CORP, CHINA
SELLERS ARE MSC SHIPMANAGEMENT HONG KONG, CHINA. 873 TEU
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 11 of [email protected], [email protected]
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YURIY SAVINOV MPP 1976GDANSKA
LENINA14,134 5,468 $278 INDIA 7531979
UNIVERSAL SPIRIT RORO 1985KANASASHI ZOSEN - T
13,025 13,770 $305 CHINA 8400919
CELTIC SEA REEFER 1970 DENMARK 11,902 6,117 $355 INDIA 7000190
EQUINE RORO 1979ORESUNDSVAR
NE8,100 6,751 $258 INDIA 7800760
BLUE SEA MPP 1973HASHIHAMA
SHBLDG - 7,417 2,318 $285 INDIA 7371654
SIRI BHUM CONT 1981 JAPAN 6,994 3,292 - INDIA 7925986
NOOR AL HASAN BC 1976 JAPAN 6,516 2,016 $305 INDIA 7530327
SRI KANCHANA TANKER 1980 JAPAN 4,999 1,832 - BANGLADESH 7929906
OCEAN EXPRESS I MPP 1979 HONDA SAIKI 4,559 4,500 - INDIA 7815698
RAMLAH SD 1968 SWEDEN 4,190 INDIA 6806511
ORION TANKER 1982BUESUMER
BREMEN3,926 1,600 $459 INDIA 8105002
MAYA MPP 1982MAN GHH GERMANY
3,344 1,543 $270 INDIA 8128858
OCEAN PROJECT II BC 1972 GERMANY 2,906 INDIA 7227188
ORION OTHER 1979STERKODER
MEK2,564 2,925 - INDIA 7807392
EYLUL SD 1967 ZTS 2,190 1,230 $179 TURKEY 8874328
SRI CHUMPORN TANKER 1981 JAPAN 1,798 688 $320 BANGLADESH 8115083
Note1: With Red color are indicated all Greek interest Sales
DEMOLITION STATISTICS:
2009 UNITS DWT LDT
January 112 3,982,038 1,026,714 UNITS LDT TAKEN AV. SCRP PRICE
February 129 3,300,306 1,016,869 273 2,679,878 $251
March 127 4,045,306 1,136,289 473 3,852,612 $273
April 97 2,258,486 738,739 208 2,343,087 $299
May 104 3,085,685 968,167 104 243,993 $181
June 76 1,647,842 572,299 86 717,666 $271
July 92 2,124,680 766,300 96 382,689
August 128 3,556,281 1,157,227 1240 10,219,925 $255
September 135 3,296,111 896,669
October 81 2,127,580 565,458
November 104 3,208,300 895,529
December 55 1,609,333 479,665
TOTAL 1240 34,241,948 10,219,925
UNITS LDT TAKEN av $ UNITS LDT UNITS LDT
273 2,679,878 250.6 261 2,589,616 12 90,262
473 3,852,612 273.5 418 3,326,149 55 526,463
208 2,343,087 299.4 123 1,211,417 85 1,131,670
104 243,993 181.3 94 225,396 10 18,597
86 717,666 271.4 69 540,902 17 176,764
96 382,689 28.3 63 222,310 17 79,315
1240 10,219,925 255.2 1028 8,115,790 196 2,023,071
SELLERS ARE E&S LTD TURKEY
SELLERS ARE THAVORN MARINE CO LTD - THAILAND
CHEMICAL. SELLERS ARE SOYSAY DENIZCILIK TURKEY. VSL HAS ABT 190 TS ST
STEEL
SELLERS ARE UNITED MARINE MANAGEMENT ESTONIA
SELLERS RAE CGGVERITAS FRANCE - RESEARCH VESSEL
TURKEY
PAKISTAN
CHINA
BREAKER
OTHER/CASH/AS IS
TOTAL
PAKISTAN
INDIA
TOTAL
OTHER/CASH/AS IS
BANGLADESH
INDIA
DRY
BANGLADESH
TURKEY
BREAKER – STATS ‘2009
BREAKER
CHINA
DETAILED BREAKER REGION - STATISTICS FOR 2009 WET
SELLERS ARE SAKHALIN SHIPPING RUSSIA.
SELLERS ARE FUYOH SHIPPING CO, JAPAN. 4435 CARS
PREMIUM PAID DUE TO VSL'S ALUMINIUM GRATINGS AND MINIMUM 200 TS BUNKERS
ON BOARD
SELLERS ARE EUROSHIP SERVICES LTD, UK
SELLERS ARE ALFA MARINA LTD, EGYPT
SELLERS ARE REGIONAL CONTAINER LINES SINGAPORE
SELLERS ARE MARITA SHIPPING AGENCY GREECE
SELLERS ARE THAVORN MARINE CO LTD - THAILAND
SELLERS ARE LIAONING PROVINCE DALIAN OCEAN FISHERY GROUP CHINA
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 12 of [email protected], [email protected]
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COUNTRY UNITS % rank
GREECE 203 16.4% 1
CHINA 156 12.6% 2
JAPAN 96 7.7% 3
NORWAY 55 4.4% 4
UAE 54 4.4% 5
USA 50 4.0% 6
RUSSIA 50 4.0% 6
TURKEY 45 3.6% 8
SINGAPORE 43 3.5% 9
INDIA 40 3.2% 10
UK 39 3.1% 11
KOREA 32 2.6% 12
SYRIA 29 2.3% 13
UKRAINE 26 2.1% 14
SWITZERLAND 21 1.7% 15
GERMANY 18 1.5% 16
ITALY 17 1.4% 17
NETHERLANDS 17 1.4% 17
BULGARIA 15 1.2% 19
SPAIN 15 1.2% 19
ALL OTHER 217 17.5%
UNDISCL 2 0.2%
TOTAL 1240 100.0%
BULKERS / SDTANK/
OBO/GASCONT/
TWEEN/MPP REEFER
RORO PAX CRUISE, OTHER
VEHICLES CARRIERS
TRAWLER TUG OTHER TOTAL
414 198 387 42 67 103 29 1,240 SHIPS
33.4% 16.0% 31.2% 3.4% 5.4% 8.3% 2.3% 100.0%
2,925,923 2,041,970 3,525,397 252,575 440,385 988,374 45,301 10,219,925
12,759,811 9,839,639 9,215,205 411,971 503,772 1,341,703 169,847 34,241,948
$528,138,100 $446,198,561 $635,967,544 $43,473,613 $71,967,478 $82,822,597 $11,706,305 $1,820,274,198
UNITS
%
USD PAID
STATS
DWT
LDT
Demolition DATA for 2009
2009 DEMOLITION SELLERS STATISTICS
source of data: N. COTZIAS SHIPPING CONSULTANTS (NCSC)
Average Scrap Price & No of Ships Scrapped 2005-2009
21
11
0
1618
105
127
1715
241820
1717161711
19
2929
2116
25
131716
1310
1723
812
21
1419
2319
26
52
28
38
68
79
112
97
104
76
92
128
135
81
104
55
129
127
$100
$200
$300
$400
$500
$600
$700
$800
Apr-0
5
Jun-0
5
Aug-0
5
Oct-0
5
Dec-0
5
Feb-0
6
Apr-0
6
Jun-0
6
Aug-0
6
Oct-0
6
Dec-0
6
Feb-0
7
Apr-0
7
Jun-0
7
Aug-0
7
Oct-0
7
Dec-0
7
Feb-0
8
Apr-0
8
Jun-0
8
Aug-0
8
Oct-0
8
Dec-0
8
Feb-0
9
Apr-0
9
Jun-0
9
Aug-0
9
Oct-0
9
Dec-0
9
-5
15
35
55
75
95
115
135
155
Average Scrap PriceNumber of Ships
DEMO STATS 2005-2009
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
May
-05
Jul-0
5
Sep-0
5
Nov-0
5
Jan-
06
Mar
-06
May
-06
Jul-0
6
Sep-0
6
Nov-0
6
Jan-
07
Mar
-07
May
-07
Jul-0
7
Sep-0
7
Nov-0
7
Jan-
08
Mar
-08
May
-08
Jul-0
8
Sep-0
8
Nov-0
8
Jan-
09
Mar
-09
May
-09
Jul-0
9
Sep-0
9
Nov-0
9
0
20
40
60
80
100
120
140DWTLDTNUMBER
LDT INTAKE PER SCRAP COUNTRY FOR 2009
OTHER/CASH/AS IS, 382,689,
4%
PAKISTAN, 717,666, 7%
TURKEY, 243,993, 2%
BANGLADESH, 2,343,087, 23%
INDIA, 3,852,612, 38%
CHINA, 2,679,878, 26%
UNIT INTAKE PER SCRAP COUNTRY FOR 2009
CHINA, 273, 22%
INDIA, 473, 38%
BANGLADESH, 208, 17%
TURKEY, 104, 8%
PAKISTAN, 86, 7%
OTHER/CASH/AS IS, 96, 8%
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 13 of [email protected], [email protected]
www.cotzias.gr – visit our constantly updated website NOVEMBER 2009
source of data: N. COTZIAS SHIPPING CONSULTANTS (NCSC)
AVERAGE MONTHLY SCRAP PRICE 2009 ‐ CHINA
$228
$243
$215$226
$251 $255$268
$279$266
$286
$312
210
230
250
270
290
310
330
Jan‐09 Feb‐09 Mar‐09 Apr‐09 May‐09 Jun‐09 Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09
AV
ER
AG
E S
CR
AP
PR
ICE
U$/
LD
T
AVERAGE MONTHLY SCRAP PRICE 2009 ‐ INDIA
$267 $262$272
$259
$234
$258$249
$309
$327
$291
$340
$324
210
230
250
270
290
310
330
Jan‐09 Feb‐09 Mar‐09 Apr‐09 May‐09 Jun‐09 Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09
AV
ER
AG
E S
CR
AP
PR
ICE
U$/
LD
T
AVERAGE MONTHLY SCRAP PRICE 2009 ‐ PAKISTAN
$271$265 $261 $266
$248
$282
$315
$273
$313 $312
$293
$265
210
230
250
270
290
310
330
Jan‐09 Feb‐09 Mar‐09 Apr‐09 May‐09 Jun‐09 Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09
AV
ER
AG
E S
CR
AP
PR
ICE
U$/
LD
T
AVERAGE MONTHLY SCRAP PRICE 2009 ‐ BANGLADESH
$274 $269
$311
$277
$240
$296 $289$300
$342
$322 $322$335
210
230
250
270
290
310
330
350
Jan‐09 Feb‐09 Mar‐09 Apr‐09 May‐09 Jun‐09 Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09
AV
ER
AG
E S
CR
AP
PR
ICE
U$/
LD
T
AVERAGE MONTHLY SCRAP PRICE 2009 ‐ TURKEY
$218
$183 $186
$202
$172
$155
$174 $179 $177 $181 $184 $179
120
140
160
180
200
220
240
Jan‐09 Feb‐09 Mar‐09 Apr‐09 May‐09 Jun‐09 Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09
AV
ER
AG
E S
CR
AP
PR
ICE
U$/
LD
T
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
PAGE 14 of [email protected], [email protected]
www.cotzias.gr – visit our constantly updated website NOVEMBER 2009
DATE BDI % frm 1/1/2009 BCI % frm 1/1/2009 BPI 1/1/2009 BSI 1/1/2009 BHI 1/1/2009
30/11/09 3,887 403% 6,189 355% 3,757 596% 2,416 488% 1,138 308%01/12/09 3,836 396% 6,127 350% 3,635 573% 2,376 478% 1,143 310%02/12/09 3,918 407% 6,352 367% 3,677 581% 2,364 475% 1,156 314%03/12/09 4,062 425% 6,640 388% 3,830 609% 2,368 476% 1,170 319%04/12/09 4,107 431% 6,655 389% 3,928 627% 2,382 480% 1,182 324%07/12/09 4,036 422% 6,370 368% 3,981 637% 2,395 483% 1,197 329%08/12/09 3,902 405% 5,948 337% 3,989 639% 2,414 487% 1,210 334%09/12/09 3,791 390% 5,679 317% 3,900 622% 2,429 491% 1,222 338%10/12/09 3,761 387% 5,387 296% 3,795 603% 2,432 492% 1,234 342%11/12/09 3,579 363% 5,193 282% 3,673 580% 2,429 491% 1,240 344%14/12/09 3,530 357% 5,132 277% 3,574 562% 2,420 489% 1,239 344%15/12/09 3,518 355% 5,154 279% 3,505 549% 2,413 487% 1,233 342%16/12/09 3,474 349% 5,123 276% 3,444 538% 2,366 476% 1,227 340%17/12/09 3,376 337% 4,875 258% 3,436 536% 2,340 469% 1,213 335%18/12/09 3,258 321% 4,566 235% 3,448 539% 2,322 465% 1,199 330%21/12/09 3,154 308% 4,284 215% 3,460 541% 2,297 459% 1,193 328%22/12/09 3,063 296% 4,041 197% 3,498 548% 2,264 451% 1,186 325%23/12/09 3,023 291% 3,917 188% 3,544 556% 2,246 446% 1,173 320%24/12/09 3,005 289% 3,887 186% 3,567 561% 2,224 441% 1,159 315%
BALTIC DRY BULK MARKET INDICES until 30th NOVEMBER 2009
All Baltic DRY indices 2005 - 2009
300
2300
4300
6300
8300
10300
12300
14300
16300
18300
Feb-05
May-05
Aug-05
Nov-05
Feb-06
May-06
Aug-06
Nov-06
Feb-07
May-07
Aug-07
Nov-07
Feb-08
May-08
Aug-08
Nov-08
Feb-09
May-09
Aug-09
Nov-09
BPIBCIBDIBSI
BALTIC DRY 2005 - 2009
400
2400
4400
6400
8400
10400
Jun-05Sep-05
Dec-05Mar-0
6Jun-06
Sep-06Dec-06
Mar-07Jun-07
Sep-07Dec-07
Mar-08Jun-08
Sep-08Dec-08
Mar-09Jun-09
Sep-09Dec-09
BDI
BALTIC PMAX 2005 - 2009
300
2300
4300
6300
8300
10300
Jun-05Sep-05
Dec-05Mar-0
6Jun-06
Sep-06Dec-06
Mar-07Jun-07
Sep-07Dec-07
Mar-08Jun-08
Sep-08Dec-08
Mar-09Jun-09
Sep-09Dec-09
BPI
BALTIC CAPE 2005 - 2009
400290054007900
10400129001540017900
Jun-05Sep-05
Dec-05Mar-0
6Jun-06
Sep-06Dec-06
Mar-07Jun-07
Sep-07Dec-07
Mar-08Jun-08
Sep-08Dec-08
Mar-09Jun-09
Sep-09Dec-09
BCI
BALTIC SUPMAX 2006 - 2009
3001300230033004300530063007300
Apr-06
Jul-06
Oct-06
Jan-07Apr-0
7Jul-0
7Oct-0
7Jan-08
Apr-08
Jul-08
Oct-08
Jan-09Apr-0
9Jul-0
9Oct-0
9Jan-10
BSI
CAPITAL LINK MARITIME INDEX 2005-9
400
1400
2400
3400
4400
5400
Jun-05Sep-05
Dec-05Mar-06
Jun-06Sep-06
Dec-06Mar-07
Jun-07Sep-07
Dec-07Mar-08
Jun-08Sep-08
Dec-08Mar-09
Jun-09Sep-09
Dec-09
CL Maritime Index (CLMI)
CAPITAL LINK DRYBULK INDEX 2005-9
400
1400
2400
3400
4400
5400
6400
7400
Jun-05Sep-05
Dec-05Mar-06
Jun-06Sep-06
Dec-06Mar-07
Jun-07Sep-07
Dec-07Mar-08
Jun-08Sep-08
Dec-08Mar-09
Jun-09Sep-09
Dec-09
CL Drybulk Index (CLDBI)
CAPITAL LINK CONTAINER INDEX 2005-9
400
1400
2400
3400
4400
5400
Jun-05Sep-05
Dec-05Mar-06
Jun-06Sep-06
Dec-06Mar-07
Jun-07Sep-07
Dec-07Mar-08
Jun-08Sep-08
Dec-08Mar-09
Jun-09Sep-09
Dec-09
CL Container Index (CLCI)
CAPITAL LINK MLP INDEX 2005-9
400
1400
2400
3400
4400
Jun-05Sep-05
Dec-05Mar-06
Jun-06Sep-06
Dec-06Mar-07
Jun-07Sep-07
Dec-07Mar-08
Jun-08Sep-08
Dec-08Mar-09
Jun-09Sep-09
Dec-09
CL MLP Index (CLMLP)
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
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www.cotzias.gr – visit our constantly updated website NOVEMBER 2009
DATE CLEAN % frm 2/1/08 DIRTY % frm 2/1/08
30/11/09 519 -15.1% 679 -20.0%01/12/09 528 -13.6% 671 -21.0%02/12/09 538 -11.9% 687 -19.1%03/12/09 549 -10.1% 704 -17.1%04/12/09 557 -8.8% 720 -15.2%07/12/09 570 -6.7% 722 -15.0%08/12/09 576 -5.7% 720 -15.2%09/12/09 578 -5.4% 724 -14.7%10/12/09 587 -3.9% 730 -14.0%11/12/09 595 -2.6% 741 -12.7%14/12/09 601 -1.6% 752 -11.4%15/12/09 608 -0.5% 765 -9.9%16/12/09 613 0.3% 782 -7.9%17/12/09 619 1.3% 798 -6.0%18/12/09 621 1.6% 803 -5.4%21/12/09 623 2.0% 804 -5.3%22/12/09 629 2.9% 810 -4.6%23/12/09 633 3.6% 815 -4.0%24/12/09 634 3.8% 814 -4.1%
ALL CAPITAL LINK INDICES ARE USED WITH THE EXPRESS KIND PERMISSION OF CAPITAL LINK INC - NEW YORK
DISCLAIMER: INFORMATION & DATA CONTAINED IN THIS MONTHLY MARKET REPORT HAVE BEEN CAREFULLY OBTAINED FROM VARIOUS MARKET SOURCES. ALTHOUGH
ALL IS BELIEVED TO BE CORRECT, N. COTZIAS SHIPPING GROUP MAKES NO GUARANTEE FOR ACCURACY, AND SHALL NOT BE LIABLE FOR ANY LOSS INCURRED IN ANY WAY WHATSOEVER BY ANY PERSON RELYING ON THE INFORMATION CONTAINED HEREIN.
BALTIC TANKER MARKET INDICES until 31st DECEMBER 2009
ALL BALTIC WET Indices 2006-9
300
800
1300
1800
2300
Feb-06May-06
Aug-06Nov-06
Feb-07May-07
Aug-07Nov-07
Feb-08May-08
Aug-08Nov-08
Feb-09May-09
Aug-09Nov-09
BCTI
BDTI
BALTIC DIRTY TANKER INDEX 2005 - 2009
400
900
1400
1900
2400
Jun-05Sep-05
Dec-05Mar-0
6Jun-06
Sep-06Dec-06
Mar-07Jun-07
Sep-07Dec-07
Mar-08Jun-08
Sep-08Dec-08
Mar-09Jun-09
Sep-09Dec-09
BDTIBALTIC CLEAN TANKER INDEX 2005 - 2009
300
700
1100
1500
1900
Jun-05Sep-05
Dec-05Mar-0
6Jun-06
Sep-06Dec-06
Mar-07Jun-07
Sep-07Dec-07
Mar-08Jun-08
Sep-08Dec-08
Mar-09Jun-09
Sep-09Dec-09
BCTI
Brent OIL (2001 - 2009)
162636465666768696
106116126136146
Mar
-01
Jun-0
1
Sep-0
1
Dec-0
1
Mar
-02
Jun-0
2
Sep-0
2
Dec-0
2
Mar
-03
Jun-0
3
Sep-0
3
Dec-0
3
Mar
-04
Jun-0
4
Sep-0
4
Dec-0
4
Mar
-05
Jun-0
5
Sep-0
5
Dec-0
5
Mar
-06
Jun-0
6
Sep-0
6
Dec-0
6
Mar
-07
Jun-0
7
Sep-0
7
Dec-0
7
Mar
-08
Jun-0
8
Sep-0
8
Dec-0
8
Mar
-09
Jun-0
9
Sep-0
9
Dec-0
9
Brent Oil
ALL CAPITAL LINK WET Indices 2006-9
400
1400
2400
3400
4400
5400
May-05Aug-05
Nov-05Feb-06
May-06Aug-06
Nov-06Feb-07
May-07Aug-07
Nov-07Feb-08
May-08Aug-08
Nov-08Feb-09
May-09Aug-09
Nov-09
CL Tanker Index (CLTI)
CL LNG/LPG Index (CLLG)
CAPITAL LINK TANKER INDEX 2005-9
400.00
1400.00
2400.00
3400.00
4400.00
5400.00
Jun-05Sep-05
Dec-05Mar-06
Jun-06Sep-06
Dec-06Mar-07
Jun-07Sep-07
Dec-07Mar-08
Jun-08Sep-08
Dec-08Mar-09
Jun-09Sep-09
Dec-09
CL Tanker Index (CLTI)
CAPITAL LINK LNG/LPG INDEX 2005-9
400.00
800.00
1200.00
1600.00
2000.00
2400.00
2800.00
3200.00
Jun-05Sep-05
Dec-05Mar-06
Jun-06Sep-06
Dec-06Mar-07
Jun-07Sep-07
Dec-07Mar-08
Jun-08Sep-08
Dec-08Mar-09
Jun-09Sep-09
Dec-09
CL LNG/LPG Index (CLLG)
WTI SPOT PRICE (2001 - 2009)
162636465666768696
106116126136146
Mar
-01
Jun-0
1
Sep-0
1
Dec-0
1
Mar
-02
Jun-0
2
Sep-0
2
Dec-0
2
Mar
-03
Jun-0
3
Sep-0
3
Dec-0
3
Mar
-04
Jun-0
4
Sep-0
4
Dec-0
4
Mar
-05
Jun-0
5
Sep-0
5
Dec-0
5
Mar
-06
Jun-0
6
Sep-0
6
Dec-0
6
Mar
-07
Jun-0
7
Sep-0
7
Dec-0
7
Mar
-08
Jun-0
8
Sep-0
8
Dec-0
8
Mar
-09
Jun-0
9
Sep-0
9
Dec-0
9
WTI Spot Price
N. COTZIAS SHIPPING CO. LTD.7-9 AKTI MIAOULI - 185 35 PIRAEUS TEL:+30 210 4222660/5 FAX:+30 210 4222678/9
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