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11

The Shipbuilding Market

TYPE

DWT

BUILDER

DELIVERY

PRICE $

OWNER

NOTES

Asp. & Bit.

4000

POET (China) SB

2017

 

Unknown Singapore

 

Asp. & Bit.

4000

POET (China) SB

2017

 

Unknown Singapore

 

Asp. & Bit.

7500

Chengxi Shipyard

2018

 

COSCO South Asphalt

 

Asp. & Bit.

7500

Chengxi Shipyard

2018

 

COSCO South Asphalt

 

Asp. & Bit.

7500

Chengxi Shipyard

2018

 

COSCO South Asphalt

 

Chem & Oil

6600

Samkang M&T Co.

2018

 

Woolim Shipping

 

Chem & Oil

6600

Samkang M&T Co.

2018

 

Woolim Shipping

 

Chem & Oil

6600

Samkang M&T Co.

2018

 

Woolim Shipping

 

Container

21000

Jiangsu New YZJ

2018

 

Lomar Shipping

 

Container

21000

Jiangsu New YZJ

2018

 

Lomar Shipping

 

Container

21000

Jiangsu New YZJ

2018

 

Lomar Shipping

 

 

 

 

 

 

 

 

Container

21000

Jiangsu New YZJ

2018

 

Lomar Shipping

 

Container

21000

Jiangsu New YZJ

2019

 

Lomar Shipping

Option

Container

21000

Jiangsu New YZJ

2019

 

Lomar Shipping

Option

Container

21000

Jiangsu New YZJ

2019

 

Lomar Shipping

Option

Container

21000

Jiangsu New YZJ

2019

 

Lomar Shipping

Option

Container

21000

Jiangsu New YZJ

2019

 

Lomar Shipping

Option

Container

21000

Jiangsu New YZJ

2019

 

Lomar Shipping

Option

Container

21000

Jiangsu New YZJ

2019

 

Lomar Shipping

Option

Container

21000

Jiangsu New YZJ

2019

 

Lomar Shipping

Option

Container

21000

COSCO Guangdong

2019

 

Lomar Shipping

 

Container

21000

COSCO Guangdong

2019

 

Lomar Shipping

 

Container

21000

COSCO Guangdong

2019

 

Lomar Shipping

 

Container

18000

Fujian Mawei SB

2018

 

MarLink

 

Container

18000

Fujian Mawei SB

2018

 

MarLink

 

Container

18000

Fujian Mawei SB

2018

 

MarLink

 

Container

18000

Fujian Mawei SB

2019

 

MarLink

 

Container

18000

Fujian Mawei SB

2019

 

MarLink

 

Container

18000

Fujian Mawei SB

2019

 

MarLink

 

Container

18000

Fujian Mawei SB

2019

 

MarLink

Option

Container

18000

Fujian Mawei SB

2019

 

MarLink

Option

Container

18000

Fujian Mawei SB

2019

 

MarLink

Option

Container

18000

Fujian Mawei SB

2019

 

MarLink

Option

Container

18000

Fujian Mawei SB

2019

 

MarLink

Option

Cruise

 

VARD Tulcea

2018

 

Ponant S.A.

 

Cruise

 

VARD Tulcea

2018

 

Ponant S.A.

 

Cruise

 

VARD Tulcea

2019

 

Ponant S.A.

 

Cruise

 

VARD Tulcea

2019

 

Ponant S.A.

 

 

 

 

 

 

 

 

Hvy Dk Cargo

15000

VARD Tulcea

2018

23.30 Mio

Topaz Energy

 

Hvy Dk Cargo

15000

VARD Tulcea

2018

23.30 Mio

Topaz Energy

 

Hvy Dk Cargo

15000

VARD Tulcea

2018

23.30 Mio

Topaz Energy

 

Oceanograph.

 

Jiangnan SY Group

2018

153.00 Mio

PRIC

Unconfirmed

Pass/Car F.

 

Jinglu Shipyard

2018

 

Unknown Chinese

 

Products

6000

Zhejiang Shenzhou

2017

 

Sinanju Tankers Pte.

 

Products

6000

Zhejiang Shenzhou

2017

 

Sinanju Tankers Pte.

 

RoPax

 

Hyundai Mipo

2018

 

Weidong Ferry

 

Ro-Ro/Cont

50000

Gen. Dyn. NASSCO

2019

255.50 Mio

Matson Inc

 

Ro-Ro/Cont

50000

Gen. Dyn. NASSCO

2020

255.50 Mio

Matson Inc

 

Tanker

320000

JMU Ariake Shipyard

2018

 

JX Ocean

 

Tanker

320000

JMU Ariake Shipyard

2018

 

JX Ocean

 

Tanker

311000

JMU Ariake Shipyard

2018

 

Kyoei Tanker

 

Tanker

318000

Daewoo (DSME)

2018

 

BW Maritime

 

Tanker

318000

Daewoo (DSME)

2018

 

BW Maritime

 

www.atheniansa.gr

ATHENIAN SHIPBROKERS S.A.

12

 

D E M O L I T I O N M A R K E T

 

 

 

 

Demolition Prices

 

 

Gen Cargo

Tanker

India

USD 260 /lt Ldt

USD 285 /lt Ldt

Bangladesh

USD 270 /lt Ldt

USD 290 /lt Ldt

Pakistan

USD 265 /lt Ldt

USD 290 /lt Ldt

China

USD 170 /lt Ldt

USD 180 /lt Ldt

Demolition Historical Data

USD/ton

 

 

 

 

 

Price Tankers*

 

 

 

 

2013

 

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

580

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

530

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

480

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

430

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

380

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

295

 

 

 

 

 

 

 

 

 

 

 

 

330

280

250

280

280

270

280

285

 

 

 

 

 

 

 

 

280

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

230

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

180

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

 

*India month's end prices

USD/ton

 

 

 

 

 

 

Price Bulkers*

 

 

 

2013

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2016

 

580

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

530

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

480

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

430

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

380

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

330

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

260

 

260

275

260

 

255

260

 

 

 

 

 

 

280

 

 

 

 

 

 

 

 

225

 

240

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

230

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

180

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JAN

FEB

MAR

APR

MAY

 

JUN

JUL

AUG

SEP

OCT

NOV

DEC

 

 

*India month's end prices

Million dwt

60

 

 

 

 

 

Total Demolition (Dwt)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

50.3

 

 

50

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

41.8

 

 

38

 

 

 

 

 

 

 

 

 

 

 

 

 

 

38.8

40

 

 

 

 

 

 

 

 

 

 

 

 

 

 

34.3

 

 

 

 

 

 

 

30.5

 

 

 

 

 

 

31.58

32.2

 

 

 

 

 

 

 

 

28.4

28.5

 

 

 

28.9

 

 

 

 

 

 

 

 

 

27

 

 

 

 

 

30

25.6

 

 

 

 

 

25

 

 

 

25.7

 

 

 

 

 

 

 

 

22.4

 

 

 

 

 

 

 

 

 

 

 

15.916.718.9

 

 

 

 

 

 

 

 

 

 

 

 

20

14.5

 

 

15.5

18

15.6

 

 

 

 

 

 

12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6.5

 

 

 

 

10

4.9

2.35

4.6

3.8

 

 

 

 

 

 

 

5.5

5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Bss reported sales

www.atheniansa.gr

ATHENIAN SHIPBROKERS S.A.

13

 

 

 

600

Historical Demolition Prices (India Year's End)

 

 

 

500

 

USD/ton

400

TANKERS

300

BULKERS

 

Avg. Trend

 

200

 

100

 

 

0

 

HISTORICAL DEMOLITION PRICES (*Indian Year’s End)

 

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

CURR.

TANK

115

136

174

135

174

262

362

302

405

507

287

338

485

482

405

435

425

300

285

BULK

112

143

170

135

181

267

381

332

392

472

268

328

437

456

375

410

400

285

260

India

 

TYPE

 

 

NAME

 

 

DWT

 

 

BLT

 

 

LDT

 

 

PRICE $/LDT

 

 

COMMENTS

 

 

BULK

 

 

BUSSARA NAREE

 

 

18573

 

 

1997

 

 

4445

 

 

265

 

 

 

 

 

BULK

 

 

APISARA NAREE

 

 

18596

 

 

1996

 

 

4423

 

 

265

 

 

 

 

 

BULK

 

 

HAREFIELD

 

 

41651

 

 

1985

 

 

10965

 

 

270

 

 

Green recycling

 

 

BULK

 

 

CEMTEX DILIGENCE

 

 

80470

 

 

1999

 

 

11763

 

 

258

 

 

As is Singapore incl ROB for voy.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Green recycling

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bangladesh

TYPE

NAME

DWT

BLT

LDT

PRICE $/LDT

COMMENTS

BULK

MOONVAZS

22457

1983

5586

250

 

BULK

BOLKAR

41488

1998

9706

264

 

BULK

RICHMOND

70316

1996

9106

275

 

BULK

C IRIS

71393

1996

10205

290

 

BULK

EVER EXCELLENT

73965

1998

9770

288

 

BULK

STAR MONISHA

164218

2001

23954

288

 

BULK

SING FU STAR

171039

1996

19992

284

Net price. Option Pakistan

China

TYPE

NAME

DWT

BLT

LDT

PRICE $/LDT

COMMENTS

N/A

 

N/A

 

N/A

 

 

Pakistan

TYPE

NAME

DWT

BLT

LDT

PRICE $/LDT

COMMENTS

BULK

DREAM TRUE

11207

1983

4368

246

Inward clearance Buyers accnt

BULK

SIREEN B

21339

1984

5214

253

 

BULK

DELTA PRIDE

38486

1991

7902

278

Full sub-cont options

BULK

BAO YUE

40085

1989

11043

286

 

www.atheniansa.gr

ATHENIAN SHIPBROKERS S.A.

14

Turkey

TYPE

NAME

DWT

BLT

LDT

PRICE $/LDT

COMMENTS

N/A

 

N/A

 

N/A

 

 

Other

TYPE

NAME

DWT

BLT

LDT

PRICE $/LDT

COMMENTS

N/A

 

N/A

 

N/A

 

 

www.atheniansa.gr

ATHENIAN SHIPBROKERS S.A.

15

 

 

 

 

H I S T O R I C A L B U N K E R P R I C E S

 

800

Bunkers Cost (380 cst)

 

 

 

700

 

 

600

 

USD/ton

500

 

400

Rotterdam

300

Fujeirah

 

 

 

200

Houston

 

 

 

100

Average Trend

 

 

 

0

 

1200

Bunkers Cost (MGO)

 

1000

 

USD/ton

800

 

600

Rotterdam

400

Fujeirah

 

Houston

 

 

 

200

Average Trend

 

0

 

 

 

 

HISTORICAL BUNKER PRICES

 

 

 

 

Rotterdam

 

Fujeirah

Houston

 

 

380 cst

MGO

380 cst

 

MGO

380 cst

 

MGO

1992

83

161.9

81.5

 

208.2

78.4

 

165.2

1993

67

150.5

70

 

202.5

71.1

 

160.6

1994

86

133.2

80.9

 

182.6

80.8

 

148.8

1995

97

140.6

94.6

 

175.8

93.2

 

148

1996

107

175.1

104.4

 

207.5

105.8

 

186

1997

92

155.4

99.3

 

205.6

97.3

 

179.9

1998

66.5

112.2

69.2

 

152.2

67.2

 

136.9

1999

94

133

98.5

 

157.2

93.3

 

143.9

2000

139

231.6

155.3

 

263.5

136

 

255.7

2001

116

192.4

129.7

 

244.7

112.8

 

227.5

2002

135

188.2

145.9

 

222.8

134

 

196

2003

151

230.4

166.3

 

265.2

160.2

 

265.1

2004

154

313.4

176.7

 

359.3

167.3

 

328.7

2005

236

458.4

256.6

 

500.1

248.3

 

508.5

2006

195

524.1

310.9

 

631.8

303

 

562.3

2007

347

571.3

373.7

 

664.7

351.8

 

608.6

2008

469

850.7

509.4

 

1037.7

496.8

 

933.2

2009

355

490.6

372.8

 

657

360.7

 

525

2010

452

667.1

468.2

 

712.9

449.3

 

683

2011

548

848.6

587.5

 

897.5

542.1

 

862.4

2012

585

920

606

 

1005

610

 

1005

2013

585

920

620

 

1010

580

 

985

2014

310

570

350

 

880

315

 

695

2015

140

311

170

 

560

140

 

360

Aug-16

250

425

263

 

510

240

 

485

www.atheniansa.gr

ATHENIAN SHIPBROKERS S.A.

16

 

M A R K E T I N D I C A T O R S

 

 

 

Currencies

USD-EUR

 

 

USD-JPY

 

 

1.80

130

 

 

1.60

120

 

 

1.40

110

 

USD-EUR

1.20

100

USD-JPY

1.00

90

 

 

 

0.80

80

 

 

0.60

70

 

 

0.40

60

 

 

 

 

Brent Oil

 

 

 

 

160.00

 

 

 

 

 

 

140.00

 

 

 

 

 

 

120.00

 

 

 

 

 

 

100.00

 

 

 

 

 

 

$/Barrel

80.00

 

 

 

 

 

 

60.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

40.00

 

 

 

 

 

 

 

20.00

 

 

 

 

 

 

 

0.00

 

 

 

 

 

 

 

GBP

CAD

EUR

JPY

CHF

USD

AUD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GBP

 

1

 

 

0.58553

 

 

0.85288

 

 

0.00746

 

 

0.77887

 

 

0.7639

 

 

 

0.57642

 

CAD

 

1.70724

 

 

1

 

 

1.45626

 

 

0.01274

 

 

1.3299

 

 

1.30439

 

 

 

0.98427

 

EUR

 

1.17225

 

 

0.68648

 

 

1

 

 

0.00874

 

 

0.91318

 

 

0.8956

 

 

 

0.67583

 

JPY

 

134.03

 

 

78.49

 

 

114.33

 

 

1

 

 

104.41

 

 

102.4

 

 

 

77.27

 

CHF

 

1.28351

 

 

0.75164

 

 

1.09484

 

 

0.00957

 

 

1

 

 

0.9806

 

 

 

0.73994

 

USD

 

1.30884

 

 

0.76651

 

 

1.11643

 

 

0.00976

 

 

1.01956

 

 

1

 

 

 

0.75458

 

AUD

 

1.73418

 

 

1.0156

 

 

1.47932

 

 

0.01294

 

 

1.35089

 

 

1.32498

 

 

 

1

 

* 30/08/2016 values

www.atheniansa.gr

ATHENIAN SHIPBROKERS S.A.

17

S T O C K W A T C H

NAME

TICKER

THIS MONTH*

LAST MONTH

CHANGE %

52w HIGH

52w LOW

 

 

 

 

 

 

 

Capital Product Partners

CPLP

3.58

3.81

-6

7.65

2.41

Diana Shipping Inc.

DSX

2.39

2.52

-5.2

7.29

1.95

Dryships Inc.

DRYS

0.70

0.37

87.8

49.57

0.66

Dynagas LNG Partners LP

DLNG

14.77

13.43

10

15.72

6.70

 

 

 

 

 

 

 

Eagle Bulk Shipping Inc. ♦

EGLE

7.80

0.42

1761.6

156.60

5.01

Euroseas Ltd.

ESEA

1.70

1.85

-8.1

5.35

1.40

Freeseas Inc.

FREEF

0.01

0.01

-12.5

6420.02

0.01

Costamare Inc.

CMRE

8.92

10.45

-14.6

15.26

6.01

Navios Maritime Holdings

NM

1.00

0.94

6.5

3.26

0.57

GasLog Ltd.

GLOG

13.53

13.12

3.1

15.06

5.24

Paragon Shipping Inc.

PRGN

0.55

0.70

-21

30.40

0.20

Safe Bulkers Inc.

SB

1.25

1.11

12.6

3.75

0.30

Star Bulk Carriers Corp.

SBLK

4.20

4.00

5

12.90

1.57

Stealthgas Inc.

GASS

3.46

3.24

6.8

5.18

2.39

TEN Inc.

TNP

5.03

5.13

-1.9

9.63

4.48

TOP Ships Inc.

TOPS

3.97

3.05

30.2

11.50

1.30

Box Ships Inc.

TEUFF

0.02

0.01

156.9

0.77

0.00

Diana Containerships Inc.

DCIX

3.78

3.69

2.4

14.08

2.48

 

 

 

 

 

 

 

Danaos Corporation

DAC

3.44

4.26

-19.2

6.64

2.70

Aegean Marine Petroleum

ANW

10.00

6.38

56.7

11.41

5.00

30/08/2016 closing values ♦ Reverse Stock Split

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Disclaimer: Information and data that appear in this report have been obtained from various sources which are believed to be correct and reliable. However, Athenian Shipbrokers S.A. does not guarantee their accuracy or completeness and therefore cannot be held liable for any loss incurred as a result of reliance in any way whatsoever on the information contained herein.

Kind Regards,

ATHENIAN SHIPBROKERS S.A.

www.atheniansa.gr

ATHENIAN SHIPBROKERS S.A.

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