NILIMAR Ships Sale & Purchase
MARKET REPORT –
WEEK 16
BASED ON SALES AND PURCHASES OF VESSELS WEEK ENDED FRIDAY 17TH APRIL 2015.
This report covers the last 2 weeks due to our offices being closed last Monday for Greek
Easter. In our last report on the 6th April we said 'even after a further 2 weeks trading we don't expect
to see much improvement in either the wet or dry freight markets' and sure enough we were proved
correct since in that time the BDI lost -2% in week 15 and gained +3.5% in week 16. These small
movements were underwritten mostly by the larger sizes whereby the Capes improved +1% and
+15% w-o-w, and the panamaxes by +3% and +5% w-o-w, but since these 'improvements 'are on
such low basics the freight rate gains are actually minimal. In the same 2 week period the BSI saw a 4% drop followed by a +1.5% gain while the BHSI lost -4.5% and then a further -3% w-o-w.
All 4 dry sectors remain trading at average daily rates below opex for the capes and panamaxes
(about $4300 and $4800 respectively) and closer to opex for the Supras and Handies (about $6400
and $5550 respectively).
For a 2 week period (albeit punctuated by Easter holidays) the reported 20 or so second hand
bulker sales is not many though most sizes from handy to Cape are represented as are 1990's and
2000's age groups. Basically we have 2 main elements in the S+P market these days - those who
'need to sell' and those who have cash and are currently prepared to make opportunistic purchases for
the future, even though the anticipated better (cyclical) future is today still some way off...
On the wet side, freight earnings for both crude and products traders remains strong - modern
VLCC's have averaged around $50,000 daily so far this year due to low crude prices and therefore
plenty of cargo being shipped for either immediate use or to storage or vessels being used for storage
themselves. On the S+P front though, we note fewer tanker sales taking place which is often due to
owner's valuations exceeding those of would be buyers.
The demolition markets in the sub-continent have been busy again and its pleasing to report
(for the sake of the freight market) that another 6 capesize bulkers have been sold for recycling
bringing the total to about 40 so far this year. Generally it has been Bangladesh and Pakistani breakers
taking the capes but in the absence of India's preferred container ships and smaller bulkers, they too
might soon have to take some Capes too in order to fill empty slots on the Alang beaches.
At the other end of the (over ordered) Capes equation, we note that so far in 2015 about 10
Capezize newbuilding orders have so far been swapped into tankers. Every little helps!
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
1
NILIMAR Ships Sale & Purchase
SECOND-HAND SALES TANKERS
VESSEL’S NAME
DWT
YEAR
BUILT
YARD
DH
PRICE
USD $
BUYERS
COMMENTS
CLIO
112,723
08/2008
NEW TIMES, CHINA
DH
33.50M
GERMAN
(TB MARINE)
INCL TC TO
SHELL FR
2YRS
@22,500$/PD
ATLANTIK
105,336
04/1998
HALLA SAMHO, KOREA
DH
-
GREEK
DH
39.50M
DH
39.50M
DH
39.50M
DH
39.50M
DH
29.80M
HULL 1721
49,000
03/2016
STX OFFSHORE,
KOREA
HULL 1722
49,000
05/2016
STX OFFSHORE,
KOREA
HULL 1723
49,000
06/2016
HULL 1724
49,000
08/2016
4 X HYUNDAI MIPO
37,000
2015
PULA
46,927
03/2006
3 MAJ, CROATIA
DH
18.00M
ALGA
37,000
10/2012
HYUNDAI MIPO, KOREA
DH
27.25M
DANISH
(MAERSK)
MAEMI
19,859
03/2008
FUKUOKA, JAPAN
DH
24.00M
EUROPEAN
STST
DH
9.80M
UNDISCLOSED
BANK SALE
DH
8.50M
UK (BOREALIS
MARITIME)
VIA AUCTION
DH
6.70m
UNDISCLOSED
DH
6.50M
UNDISCLOSED
VIA AUCTION
DH
4.00M
UNDISCLOSED
VIA AUCTION
ODIN
19,117
01/2003
MARIDA MELISSA
13,121
03/2009
CLIPPER LEGACY
10,098
02/2005
NEPAMORA
5,683
01/2013
ZMAGA
3,941
06/2012
STX OFFSHORE,
KOREA
STX OFFSHORE,
KOREA
HYUNDAI MIPO,
KOREA
VIANA DO CASTELO,
PORTUGAL
SEKWANG MOKPO,
KOREA
YARDIMCI, TURKEY
YANGZHOU KEJIN,
CHINA
NINGBO DONGSHENG,
CHINA
NORWEGIAN
ENBLOC
(OCEAN YIELD ASA)
INCL BB
BACK TO
NAVIG8 FOR
15YRS
NORWEGIAN
(CHAMPION TANKERS)
SECOND-HAND GAS
VESSEL’S NAME
DWT
YEAR
BUILT
WAKABA MARU
69,846
04/1985
YARD
CBM
PRICE
USD $
MITSUI CHIBA, JAPAN
127,209
19.00M
BUYERS
COMMENTS
MALAYSIAN
LNG CONVERSION
(BUMI ARMADA)
DEMOLITION
TYPE
VESSEL’S NAME
DWT
OBO
BERGE VIK
310,686
YEAR
BUILT
1987
LDT
46,250
PRICE
USD/LT
430
DESTINATION
COMMENTS
PAKISTAN
NEWBUILDINGS
TYPE
SIZE
DELY
YARD
PRICE
USD $
BUYERS
UNITS
TANK
319,000DWT
2016
DAEWOO SHIPBUILDING
97.00M
MARAN TANKERS
2
TANK
319,000DWT
2016
HYUNDAI HEAVY
97.00M
BAHRI
5
TANK
38,000DWT
KITANIHON
-
IINO LINES
2
VLGC
84,000CBM
2018
Q3 + Q4
2016
DAEWOO SHIPBUILDING
72.50M
BW LPG
4
INDEX
BDTI
BCTI
THIS WEEK
800
702
LAST WEEK
772
709
LAST YEAR
686
537
YEARLY LOW
608
511
YEARLY HIGH
973
812
OPT.
5
YEARLY AVERAGE
775
623
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
2
NILIMAR Ships Sale & Purchase
SECOND-HAND BULKERS
VESSEL’S NAME
DWT
YEAR
BUILT
SBI PERFECTO
180,000
10/2015
SBI PRESIDENTE
180,000
11/2015
SBI CHURCHILL
180,000
08/2015
ONOE
172,572
01/2000
CHITOSE
171,199
08/2000
BLUE MATTERHORN
81,391
09/2011
LUO HUA
79,600
01/2015
SHIYO
77,514
05/2001
CINZIA D' AMATO
75,213
06/2008
AGIOS EFRAIM
73,018
06/1998
NOBLE HAWK
56,039
10/2007
KITE
47,195
07/1997
SEA ROSE
45,700
06/1995
ARISTEA M
45,584
01/1997
ORCHID OCEAN
45,262
01/1994
ZENOVIA
43,595
07/1992
BLACKFIN
43,246
09/1995
DON FRANE BULIC
42,584
09/1997
DOBROTA
29,292
02/1996
INDIGO OCEAN
28,749
04/2008
SANAGA
28,215
12/1997
ORIENTE SKY
24,065
11/1997
YARD
DAEWOOMANGALIA,
ROMANIA
DAEWOOMANGALIA,
ROMANIA
DAEWOOMANGALIA,
ROMANIA
NKK TSU, JAPAN
GEAR
PRICE
USD $
BUYERS
COMMENTS
-
44.00M
GREEK
(ANANGEL)
ENBLOC
-
44.00M
-
44.00M
-
9.50M
DELY
Q42015 &
H12016
GREEK
(MOUNDREAS)
ENBLOC
KOYO MIHARA,
JAPAN
HYUNDAI SAMHO,
KOREA
JINHAI HEAVY
INDUSTRY, CHINA
-
9.50M
GLESS
17.75M
GREEK
(EMBIRICOS)
GLESS
16.00M
CHINESE
SASEBO, JAPAN
GLESS
7.00M
CHINESE
GLESS
11.50M
CHINESE
GLESS
4.50M
CHINESE
CR 4X30T
12.25M
GREEK
(BARU DELTA)
CR 4X30T
4.80M
LEBANESE
CR 4X30T
4.50M
CHINESE
CR 4X30T
4.80M
UNDISCLOSED
CR 4X25T
3.80M
UNDISCLOSED
BANK DEAL
CR 4X30T
3.40M
UNDISCLOSED
AUCTION
SALE
CR 4X25T
4.20M
MIDDLE EASTERN
CR 4X30T
3.50M
GREEK
CR 4X25T
3.80M
TURKISH
IMABARI, JAPAN
CR 4X30T
9.10M
BOHAI, CHINA
SAIKI JUKOGYO,
JAPAN
CR 4X30T
3.80M
TURKISH
(DEVAL)
CHINESE
CR 4X30T
4.70M
UNDISCLOSED
HUDONGZHONGHUA, CHINA
DAEDONG
CHINHAE, KOREA
MITSUI CHIBA,
JAPAN
DAEDONG
CHINHAE, KOREA
HASHIHAMA
TADOTSU, JAPAN
HALLA SAMHO,
KOREA
SHIN KURUSHIMA,
JAPAN
TSUNEISHI SHIP
NUMAKUMA, JAPAN
HYUNDAI HEAVY,
KOREA
BRODOSPLIT,
CROATIA
TIANJIN XINGANG
SHIPYARD, CHINA
COAL
CARRIER
SS DUE
SECOND-HAND TWEEN / MPP / GENERAL CARGO
VESSEL’S NAME
DWT
YEAR
BUILT
PRICE
USD $
- NO SALES REPORTED THIS WEEK YARD
GEAR
BUYERS
COMMENTS
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
3
NILIMAR Ships Sale & Purchase
DEMOLITION
161,192
150,790
73,519
26,717
168,404
161,587
149,363
70,321
YEAR
BUILT
1995
1994
1996
1985
1996
1993
1996
1989
19,856
18,615
10,472
5,487
20,764
19,462
22,848
9,082
PRICE
USD/LT
420
422
400
422
420
413
420
395
LUCKY FOREVER
68,676
1989
9,724
390
BANGLADESH
AS IS HONG KONG
INCL ABT 1000T ROB
MERRY TRANS
NATS EMPEROR
GREAT HOPE
GLORY COMFORT
40,698
38,300
33,024
150,809
1985
1987
1984
1993
10,188
8,539
6,727
18,475
410
410
364
390
BANGLADESH
BANGLADESH
BANGLADESH
AS IS HONG KONG
VIA AUCTION
TYPE
VESSEL’S NAME
DWT
BULK
BULK
BULK
BULK
BULK
BULK
BULK
BULK
PROSPERITY
ALPHA ACTION
ANANGEL OMONIA
ABM DYNAMIC
STAR BIG
ANANGEL SPLENDOUR
MATRIX
RONG YI
BULK
BULK
BULK
BULK
BULK
LDT
DESTINATION
PAKISTAN
PAKISTAN
PAKISTAN
PAKISTAN
BANGLADESH
BANGLADESH
BANGLADESH
BANGLADESH
COMMENTS
INCL ABT 500T ROB
AS IS FUJAIRAH
INCL ABT 350T ROB
AS IS SPORE
INCL ABT 350T ROB
NEWBUILDINGS
TYPE
SIZE
DELY
YARD
PRICE
USD $
BUYERS
UNITS
BULK
38,000DWT
OCT - DEC 2016
AVIC WEIHAI
22.00M
MST
2
INDEX
BDI
BCI
BPI
BSI
BHSI
THIS WEEK
597
532
642
619
358
LAST WEEK
578
460
609
609
369
LAST YEAR
930
1591
812
908
533
YEARLY LOW
513
311
419
486
268
YEARLY HIGH
1437
3661
1233
1053
533
OPT.
YEARLY AVERAGE
891
1481
781
801
432
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
4
NILIMAR Ships Sale & Purchase
SECOND-HAND CONTAINER
VESSEL’S NAME
DWT
YEAR
BUILT
HANSA CENTURY
34,954
05/1997
KING JACOB
12,850
12/1998
MARCHASER
9,113
12/1999
YARD
BREMER VULKAN,
GERMANY
CONSTANTA,
ROMANIA
SZCZECINSKA,
POLAND
GEAR
TEU
PRICE
USD $
BUYERS
GLESS
2,810
6.50M
FAR EASTERN
CR 2X40T
1,102
3.00M
SWISS
(MSC)
CR 2X45T
889
2.00M
GREEK
COMMENTS
DEMOLITION
TYPE
VESSEL’S NAME
YEAR
BUILT
DWT
PRICE
USD/LT
LDT
DESTINATION
COMMENTS
AS IS FUJAIRAH WITH
SUFFICIENT BUNKERS
CONT
HANJIN ELIZABETH
62,723
1992
18,949
441
INDIA
CONT
CONT
MOL WISDOM
HUB STELLAR
39,684
12,742
1995
1994
15,559
-
435
410
INDIA
BANGLADESH
NEWBUILDINGS
TYPE
SIZE
DELY
YARD
PRICE
USD $
BUYERS
UNITS
CONT
20,500TEU
Q3 2017
HANJIN SUBIC BAY
140.00M
CMA CGM
3
OPT.
SECOND-HAND REEF
VESSEL’S NAME
DWT
YEAR
BUILT
PRICE
REEF.
GEAR
CAP/TY
USD $
- NO SALES REPORTED THIS WEEK -
YARD
BUYERS
COMMENTS
SECOND-HAND PCC/ RORO / PASS
VESSEL’S NAME
DWT
YEAR
BUILT
CARS/
PRICE
PAX
LM
USD $
- NO SALES REPORTED THIS WEEK YARD
BUYERS
COMMENTS
DEMOLITION
TYPE
VESSEL’S NAME
DWT
YEAR
PRICE
LDT
DESTINATION
BUILT
USD/LT
- NO SALES REPORTED THIS WEEK -
COMMENTS
NEWBUILDINGS
TYPE
SIZE
DELY
YARD
PCC
3,800CEU
2017
JINLING SHIPYARD
PRICE
USD $
BUYERS
UNITS
ANJI AUTOMOTIVE
LOGISTICS
2
OPT.
THE ABOVE INFORMATION IS GIVEN IN GOOD FAITH BUT WITHOUT GUARANTEE AS TO ACCURACY OF SAYING.
6 A.PAPANDREOU STR., GLYFADA, ATHENS – GREECE
TEL : +30 – 210 - 89 85 813, FAX: +30 – 210 – 89 85 138 e-mail : [email protected]
Website: www.nilimar.com
5