Baltic Dry Indices*

Monday, February 4, 2013 - Week 6 Last Fridays Closing Weekly Difference

The Week at a Glance Baltic Dry Index 750 -48

Baltic Cape index 1454 -66

"The nation with the Iron fists"
Baltic Panamax Index 664 -54
China keeps on ruling the iron ore market, maintaining
Baltic Supramax
the demand at high levels. The latter is expected to rise Index
682 -29

most probably after the Chinese Lunar Year, as Baltic HandySize

449 -26
Index
stockpiles of iron ore at 25 major ports continued to slide
for the 3rd consecutive week.
Newbuilding Prices
In world economy now, high crude prices are most likely
10/2012 11/2012 12/2012 1/2013
to delay global economic recovery, while Europe unstable
economic data are also playing vital role in the black VLCC 300,000 $92 $92 $92 $92
gold's overall demand for 2013.
SUEZMAX 150,000 $58 $58 $58 $58

Done but Failed - True or False: Rumours about the AFRAMAX 113,000 $48 $48 $48 $48
sale of the TESS82 kamsarmax “MIZUNAGI MARU”
seem to be untrue. PANAMAX 72,000 $41 $41 $41 $41

PRODUCT 47,000 $33 $33 $33 $33

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

Greek Listed Companies
Last Fridays Closing Weekly Difference KAMSARMAX 81,000 $29 $28 $28 $28

NYSE 8965,12 60,59 SUPRAMAX 50,000 $25 $25 $25 $25

HANDYSIZE XS
$21 $21 $21 $21
NASDAQ 3179,1 29,39 28,000

Dry Ships 2,24 0,11

Brent Prices
Navios 3,7 -0,04

Excel 0,5586 0,09

Diana 8,8 -0,05

Top Ships 1 -0,10

TEN 4,24 0,02

Stealth Gas 8,5 -1,35 Currencies*

Last Fridays Closing Weekly Difference
Capital Product
8,19 0,24
Partners
EURO/USD 1,364 0,02
Euroseas 1,01 -0,03
USD/JPY 92,8 1,95

Danaos 4,09 0,04

USD/CNY 6,2316 0,01

Costamare 15,45 0,12

*The above tables show last Friday's closing including the
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 750 48

CAPESIZE 1454 66 7.329 593 WEAKER

PANAMAX 664 54 5.257 433 WEAKER

SUPRAMAX 682 29 7.135 301 WEAKER

HANDYSIZE 449 26 6.707 387 WEAKER

Bulk Carrier
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment

SHARK BAY 26412 1997 CHINA - 4 X 30t CRANES B&W 4.000.000 USD SOLD TO GREEK BUYERS

ODINBEY 28381 1995 JAPAN - 4 X 30,5t CRANES B&W 6.060.000 USD SOLD TO MIDDLE EASTERN BUYERS
SOLD EN BLOC WITH "PACIFIC
FANTASY", "FIESTA" AND "PACIFIC
CLIPPER USD 30.000.000
29227 1998 CHINA 1172 5 X 30t CRANES B&W FIGHTER" TO UNDISCLOSED
FREEWAY EN BLOC
BUYERS - RGN USD 30.000.000 EN
BLOC
SOLD EN BLOC WITH "CLIPPER
FREEWAY", "PACIFIC FANTASY"
PACIFIC
29500 1998 CHINA 1172 5 X 50t CRANES B&W # AND "FIESTA" TO UNDISCLOSED
FIGHTER
BUYERS - RGN USD 30.000.000 EN
BLOC
SOLD EN BLOC WITH "CLIPPER
FREEWAY", "PACIFIC FANTASY"
FIESTA 29516 1997 CHINA 1130 5 X 30t CRANES B&W # AND "PACIFIC FIGHTER" TO
UNDISCLOSED BUYERS - RGN USD
30.000.000 EN BLOC
SOLD EN BLOC WITH "CLIPPER
FREEWAY", "FIESTA" AND "PACIFIC
PACIFIC
29538 1996 CHINA 1130 5 X 30t CRANES B&W # FIGHTER" TO UNDISCLOSED
FANTASY
BUYERS - RGN USD 30.000.000 EN
BLOC
TARAPACA 46786 2000 JAPAN - 4 X 30t CRANES Mitsubishi 10.300.000 USD SOLD TO UNDICLOSED BUYERS

VITAGLORY 69703 1989 JAPAN - - Sulzer 4.500.000 USD SOLD TO CHINESE BUYERS

CO-OP PHOENIX 72443 1999 JAPAN - - B&W 9.500.000 USD SOLD TO GREEK BUYER

OCEAN PLANET 76812 2005 JAPAN - - B&W 15.000.000 USD SOLD TO GREEK BUYERS

Container
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment
URSULA SOLD TO CLIENTS OF “REGAL
23064 1997 POLAND 1728 3 X 40t CRANES Sulzer 4.000.000 USD
RICKMERS SHIPPING”

General cargo
Vessel's Name DWT Built Country TEU Gears Engine Price Sale's Comment
THOR
4900 1997 POLAND 390 2 X 60t CRANES MAN 2.000.000 USD SOLD TO GERMAN BUYERS
INGEBORG
OCEAN 2 X 30t DERRICKS, 2
8474 1997 JAPAN - Hanshin 2.500.000 USD SOLD TO FAR EASTERN BUYERS
EXPRESS X 25t DERRICKS
VANESSA C 10649 2003 NETHERLANDS 673 2 X 60t CRANES MaK 6.650.000 USD SOLD TO UNDISCLOSED 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 636 11

BCTI 76 16

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

VLCC $ 5,030.00 2% 20.250 WEAKER

SUEZMAX $ 9,608.00 4% 16.500 FIRM

AFRAMAX $ 15,217.00 23% 14.000 FIRM

CLEAN MR $ 11,529.00 1% 14.000 FIRM

Tanker
Vessel's Name DWT Built Country DB DS Engine Price Sale's Comment
NOBLE
EXPRESS SOUTH
51393 2008 Y Y MAN-B&W 24.500.000 USD SOLD TO UNDISCLOSED BUYERS
(Epoxy Phen., KOREA
IMO III)
SOLD EN BLOC WITH "SAMSUNG
SOUTH
SAMSUNG 1948 158000 09 / 2013 Y Y MAN-B&W 55.000.000 USD 1949" TO UNDISCLOSED BUYERS -
KOREA
RGN USD 110.000.000 EN BLOC
SOLD EN BLOC WITH "SAMSUNG
SOUTH
SAMSUNG 1949 158000 12 / 2013 Y Y MAN-B&W 55.000.000 USD 1948" TO UNDISCLOSED BUYERS -
KOREA
RGN USD 110.000.000 EN BLOC

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\02\03 01/02/85

Year

2013
2012
2011
2010
2009
2008
01\08\00 01\08\00 01/08/85
01\05\03 01\11\00 01\11\00 01/02/86
01\08\03 01\02\01 01\02\01 01/08/86
01\11\03 01\05\01 01\05\01 01/02/87

838
1738
2173
4209
4661
01\08\01 01\08\01 01/08/87

11793
01\02\04

BDI Max
01\11\01 01\11\01 01/02/88
01\05\04 01/08/88
01\02\02 01\02\02
01\08\04 01/02/89
01\05\02 01\05\02
01/08/89
01\11\04

767
919
01\08\02 01\08\02

1549
2749
2612
6445
01/02/90
BDI Avg

01\02\05 01\11\02 01\11\02

01/08/90
01\02\03 01\02\03 01/02/91
01\05\05
01\05\03 01\05\03 01/08/91
01\08\05
01\08\03 01\08\03 01/02/92

698
647
772
663

1043
1700

01\11\05 01/08/92
BDI Min

01\11\03 01\11\03
01\02\06 01\02\04 01\02\04 01/02/93

01\05\04 01\05\04 01/08/93

01\05\06
01/02/94
01\08\04 01\08\04
01\08\06 01/08/94
1605
3287
3725
5455
8243
19687

01\11\04 01\11\04
BCI Max

01\11\06 01/02/95
01\02\05 01\02\05
01/08/95
01\02\07 01\05\05 01\05\05 01/02/96
01\05\07 01\08\05 01\08\05 01/08/96
01\11\05 01\11\05 01/02/97
1433
1569
2246
3469
4142
9444

01\08\07
BCI Avg

01\02\06 01\02\06 01/08/97

01\11\07
01\05\06 01\05\06 01/02/98
01\02\08 01/08/98
01\08\06 01\08\06
01\05\08 01/02/99
01\11\06 01\11\06
830

1235
1082
1281
1640
1361

01/08/99
Baltic Dry Index
BCI Min

01\08\08 01\02\07 01\02\07

01/02/00

Baltic Panamax Index

Baltic CapeSize Index
01\05\07 01\05\07
01\11\08 01/08/00
01\08\07 01\08\07
01\02\09 01/02/01

Baltic Supramax - HandySize Index

01\11\07 01\11\07 01/08/01
774

01\05\09
1738
2132
4622
4453
11425

01\02\08 01\02\08 01/02/02

BPI Max

relying on the information contained herein.

01\08\09 01\05\08 01\05\08 01/08/02
Baltic Dry Indices

01\11\09 01\08\08 01\08\08 01/02/03

01\11\08 01\11\08 01/08/03
01\02\10
01/02/04
716
962
48, Aigialeias Street, 4th Floor, Maroussi 151 25, Greece

01\02\09 01\02\09
1742
3104
2413
6141

01\05\10
BPI Avg

01/08/04
01\05\09 01\05\09
01\08\10 01/02/05
01\08\09 01\08\09
01/08/05
01\11\10 01\11\09 01\11\09
01/02/06
01\02\11 01\02\10 01\02\10
664
418
492
440

01/08/06
1296
1845
BPI Min

01\05\10 01\05\10 01/02/07

01\05\11
01\08\10 01\08\10 01/08/07
01\08\11
01\11\10 01\11\10 01/02/08
01\11\11 01/08/08
01\02\11 01\02\11
745
1300
1612
3111
2487
6743

01\02\12 01\05\11 01\05\11 01/02/09

BSI Max

01\08\11 01\08\11 01/08/09

01\05\12
Tel: +30 210 4524500, Fax: +30 210 4525017/ 19, e-mail: snp@allied-shipbroking.gr, www.allied-shipbroking.gr

01/02/10
01\11\11 01\11\11
01\08\12 01/08/10
01\02\12 01\02\12
01\11\12 01/02/11
724
904
1374
2143
1665
4009

01\05\12 01\05\12
01/08/11
BSI Avg

01\02\13
01\08\12 01\08\12 01/02/12
01\05\13 01\11\12 01\11\12 01/08/12

0
01\02\13 01\02\13 01/02/13

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\05\13 01\05\13 01/08/13
682
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 11 66.556 $19.700.000 D. Reefer Sector 17 131.326 $35.026.000
dwt)
2. Handy E. RoRo Cargo/ Ferry/
39 201.570 $195.350.490
(10,000 - 39,999 20 565.559 $127.140.000 Passenger Sector
dwt) F. Miscellaneous Sector 43 566.249 $340.800.000
3. Handymax
(40,000 - 59,999 17 864.061 $195.500.000 Grand Total 1.083 53.184.208 $16.962.607.490
dwt)
4. Panamax
(60,000 - 79,999 17 1.281.398 $214.100.000 ...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 521 30.864.083 $5.571.315.000
A. Dry Sector
70 4.007.607 $782.240.000
Total B. Tanker Sector 394 20.220.460 $5.047.050.000

C. Container Sector 141 3.277.759 $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 13 62.484 $67.050.000
dwt) Grand Total 1.104 54.760.749 $11.779.210.000
2. Product
(10,000 - 59,999 13 457.780 $174.150.000
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 - 3 474.000 $166.000.000 7 % CAPESIZE 24 % PANAMAX 24 % HANDYMAX
199,999 dwt) 29 % HANDY 16 % MINIBULK
6. VLCC
(200,000 - 3 854.805 $82.100.000
299,999 dwt)
7. ULCC
0 0 0
(300,000+ dwt)

B. Tanker
40 2.696.400 $595.600.000
Sector total

C. Container
6 157.646 $49.400.000
Sector Total

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

0 % ULCC 8 % VLCC 8 % SUEZMAX 20 % AFRAMAX

0 % PANAMAX 33 % PRODUCT 33 % MINITANK
E. RoRo
Cargo/ Ferry/
0 0 0
Passenger
Sector Total

F.
Miscellaneou
0 0 0
s Sector
Total

Grand Total 116 6.861.653 $1.427.240.000

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
May-2012 $1.194.730.000 90
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
$1.377.055.000 300.000.000
2012 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

02/2013
January-2013 $1.254.090.000
February-
$173.150.000 Months
2013
2013
$1.427.240.000 Total Capital No Of V essels
Total

Dry Sector - Buyers' Nationality

Buyers Nationality during 2013 - Top 10
17 % OTHER
1 % DENMARK (No of vessels per sector)
0 % EUROPE
4 % FAR EAST
4 % NORWAY
3 % INDONESIA B. Tanker C. Container D. Reefer
7 % CHINA PEOPLE'S REPUBLIC OF Buyer's Country A. Dry Sector Grand Total
10 % SINGAPORE
Sector Sector Sector
0 % MIDDLE EAST GREECE 22 5 3 0 30
21 % UNKNOWN
31 % GREECE UNKNOWN 15 8 1 0 24
MIDDLE EAST 0 8 0 0 8
SINGAPORE 7 1 0 0 8
CHINA, PEOPLE'S
5 1 0 0 6
REPUBLIC OF
INDONESIA 2 2 0 0 4
NORWAY 3 0 1 0 4

Wet Sector - Buyers' Nationality FAR EAST 3 0 0 0 3

EUROPE 0 3 0 0 3
25 % OTHER
5 % DENMARK
DENMARK 1 2 0 0 3
8 % EUROPE
0 % FAR EAST Other 12 10 1 0 23
0 % NORWAY
5 % INDONESIA Grand Total 70 40 6 0 116
3 % CHINA PEOPLE'S REPUBLIC OF
3 % SINGAPORE
20 % MIDDLE EAST
20 % 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 232.410.000 94.900.000 29.800.000 0 357.110.000
SINGAPORE 266.500.000 6.500.000 0 0 273.000.000
Container Sector - Buyers' Nationality UNKNOWN 58.530.000 157.900.000 3.900.000 0 220.330.000
EUROPE 0 64.000.000 0 0 64.000.000
17 % OTHER
0 % DENMARK NORWAY 47.700.000 0 13.500.000 0 61.200.000
0 % EUROPE
0 % FAR EAST MIDDLE EAST 0 59.900.000 0 0 59.900.000
17 % NORWAY
0 % INDONESIA USA. 0 56.000.000 0 0 56.000.000
0 % CHINA PEOPLE'S REPUBLIC OF
HONG KONG,
0 % SINGAPORE 47.500.000 0 0 0 47.500.000
0 % MIDDLE EAST CHINA
17 % UNKNOWN CHINA, PEOPLE'S
50 % GREECE 23.300.000 19.000.000 0 0 42.300.000
REPUBLIC OF
Other 119.700.000 175.850.000 2.200.000 0 297.750.000
Grand Total 782.240.000 595.600.000 49.400.000 0 1.427.240.000

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 10 10,500 QIDONG DAODA - DHARMA BANGSA MENTAR 2014

BULK 2 58,000 TSUNESHI CEBU USD 26.500.000 UM BULK AS 2014/2015

BULK 1 61,000 IMABARI S.B. USD 28.000.000 PACIFIC CARRIERS 2015

BULK 1 82,000 SANOYAS - UNKNOWN 2014

Other Dry

Type Units Dwt / Units Shipyard Reported Price Owner / Manager Delivery Date

CONTAINER 4+4 3,900 TEU DALIAN USD 41.000.000 PACIFIC INTERNATIONAL LINES 2013/2014

Tankers

Type Units Dwt Shipyard Reported Price Owner / Manager Delivery Date

BUNKERING 2 4,500 CHONGQING CHUANDONG - XINHAI OIL CO., LTD 2014

TANKER 6+4 51,300 SPP - METROSTAR 2014

Other Wet

Type Units Dwt / Units Shipyard Reported Price Owner / Manager Delivery Date
52,000 /
L.P.G. 2 84,000 JIANGNAN CHANGXIN USD 63.500.000 FRONTLINE 2012 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

RO-RO CARGO JASA AMAN 9074 1982 JAPAN 7264 403 SOLD TO CHINA

GEN. CARGO EL HUSSAIN 9420 1982 GERMANY 4615 410 SOLD TO INDIA

RO-RO CARGO SEABOARD STAR 12161 1979 JAPAN - - SOLD TO INDIA ON PRIVATE TERMS

REEFER AL MOSHTAREE 12271 1984 JAPAN 8489 - SOLD TO INDIA ON PRIVATE TERMS

CONTAINER CONCORD 20088 1994 GERMANY 6834 450 SOLD TO INDIA ON "AS IS MUMBAI" BASIS
SOLD TO INDIA ON "AS IS SINGAPORE" BASIS WITH 150
CONTAINER DORIAN 22426 1994 POLAND 7716 405
TONS BUNKERS
CONTAINER SUNSET BAY 22800 1998 POLAND 8040 408 SOLD TO CHINA
SOLD TO CHINA WITH EXTRA PAYMENT FOR 250 TNS
BC ROSA 25388 1984 JAPAN 5852 385
BUNKERS
CONTAINER POLONIO 33221 1990 GERMANY 13282 463 SOLD TO INDIA

BC NTABENI 37425 1984 JAPAN 12019 420 SOLD TO INDIA

BC
STELLAR STREAM 42744 1988 JAPAN 8762 312 SOLD TO TURKEY
(WOODCHIP)
BC OCEAN TRIUMPH 45470 1986 BRAZIL 8609 422 SOLD TO INDIA
BC
FIRMEZA 45747 1986 JAPAN 9635 384 SOLD TO CHINA
(WOODCHIP)
CONTAINER BANJO BRIDGE 51759 1998 JAPAN 17594 465 SOLD TO INDIA

CONTAINER VAN AMAZONAS 51805 1998 JAPAN 17548 465 SOLD TO INDIA

TANKER FAITH IV 63765 1987 JAPAN 12982 435 SOLD TO PAKISTAN

BC TASKENT 75839 2003 TURKEY 15688 400 SOLD TO CHINA

BC ALMA ATA 76008 1999 TURKEY 15583 440 SOLD TO INDIA WITH APPROX 450 TNS BUNKERS

OBO SEAROSE G 83155 1994 DENMARK 16825 435 SOLD TO PAKISTAN

TANKER LUZON SPIRIT 98629 1992 JAPAN 16834 - SOLD TO BANGLADESH ON PRIVATE TERMS
SOLD TO BANGLADESH ON "AS IS HONG KONG" BASIS
TANKER ORKNEY SPIRIT 106266 1993 JAPAN 16476 442 INCLUDING 800 TNS IFO AND 80 TNS MGO, GAS FREE
FOR MAN ENTRY
TANKER QUEENSWAY 159878 1993 PORTUGAL 23128 450 SOLD TO PAKISTAN

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 5 33.984
(up to 9,999 dwt)
2. Handy
323 8.474.222 31 870.625
(10,000 - 39,999 dwt)
3. Handymax
102 4.630.781 7 312.160
(40,000 - 59,999 dwt)
4. Panamax
118 7.945.415 11 769.361
(60,000 - 79,999 dwt)
5. Capesize
89 14.226.602 8 1.284.848
(80,000+ dwt)
A. Dry Sector Total 701 35.733.125 62 3.270.978

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 1 63.765
(60,000 - 79,999 dwt)
4. Aframax
39 3.714.797 5 490.656
(80,000 - 119,999 dwt)
5. Suezmax
22 3.239.167 3 432.418
(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 10 1.005.836

C. Container Sector Total 159 4.735.030 22 644.009

D. Reefer Sector Total 60 524.714 1 12.271

E. RoRo Cargo/ Ferry/

60 447.861 9 146.751
Passenger Sector Total

F. Miscellaneous Sector Total 37 1.332.143 3 17.506

Grand Total 1.188 56.515.661 107 5.097.351

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 15 1.120.006
CHINA, PEOPLE'S B. Tanker Sector 24,6 27 26,4
121 7.507.639 16 817.577
REPUBLIC OF
DOMINICAN REPUBLIC 1 1.465 0 0 C. Container Sector 23,3 29,6 27

INDIA 454 17.728.558 46 1.650.872 D. Reefer Sector 26,5 26,3 29,3

PAKISTAN 93 8.960.611 6 671.009
E. RoRo Cargo/ Ferry/
34,9 32 31,5
TURKEY 40 583.673 5 131.758 Passenger Sector

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

UNKNOWN 268 7.901.725 19 706.129

VIETNAM 1 15.100 0 0
Grand Total 1.188 56.515.661 107 5.097.351
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

02/2013

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 701 35.733.125 171 13.742.788 1188 56.515.661

2013 62 3.270.978 10 1.005.836 107 5.097.351

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.