13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT MARKET NEWS
13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT Baltic Dry Index Hits Highest Level Since November 2014
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than two‐year high on Monday on higher demand for larger vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, touched its highest level since November 2014. The index was up 42 points, or 3.39 percent, at 1,282 points. The capesize index gained 138 points, or 5.56 percent, at 2,620 points. Average daily earnings for capesizes, which typically transport 150,000‐tonne cargoes such as iron ore and coal, were up $1,188 to $19,266. The panamax index was up 35 points, or 2.87 percent, at 1,253 points. Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 to 70,000 tonnes, increased $280 to $10,066. Among smaller vessels, the supramax index fell one point to 895 points, while the handysize index rose four points to 530 points. DryShips Continues to Diversify with Purchase of Four Newcastlemax
Bulk Carriers
DryShips Inc. (NASDAQ: DRYS) announced Monday that it has entered into agreements to acquire four modern Newcastlemax bulk carriers as the company continues to diversify its fleet. The agreements were entered into with unaffiliated third parties. The four Newcastlemax bulk carriers are approximately 206,000 DWT each and have an average age of 3.0 years. DryShips said it expects to take delivery of the vessels before the end of June 2017. DryShips will finance the total gross purchase price of approximately $124 million using cash on hand. Current liquidity stands at approximately $455 million, the company said. Two of the vessels will be employed under time charter contracts, while the other two will trade in the spot market. “We are very pleased to have increased the size of our drybulk fleet by acquiring four modern sister vessels at historical low prices,” commented George Economou, Chairman and Chief Executive Officer. P a g e | 2 13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT “Spot rates for drybulk vessels have continued to improve since the beginning of the year and our outlook for drybulk is positive given the modest order‐book and the continued strength of the Chinese economy that generates demand for raw commodities. We continue to look at opportunities to diversify and grow our fleet with high quality tonnage and significant operating leverage.” DryShips’ owned fleet now consists of 13 Panamax bulk carriers, one Very Large Crude Carrier, on Aframax tanker newbuilding, two Very Large Gas Carrier newbuildings, and six offshore support vessels, comprising two platform supply and four oil spill recovery vessels. Newcastlemax vessels are typically referred to as having a maximum beam of 50 meters and maximum length overall of 300 meters i.e., the largest vessel able to enter the port of Newcastle, Australia. http://gcaptain.com/dryships‐continues‐to‐diversify‐with‐acquisition‐of‐four‐newcastlemax‐bulk‐carriers/ Hapag-Lloyd Chief Stays Positive in Wake of $100 Million Loss
Hapag‐Lloyd recorded a profit of $46m in the final three months of 2016– a recovery too little too late to prevent the carrier suffering a full‐year net loss of $103m. At an analyst and investor conference call on Friday, chief executive Rolf Habben Jansen said 2017 had “got off to a good start”, but a sustained recovery was “not going to be a quick fix”. He said: “We expect some market improvement in 2017, but our success will largely depend on our ability to achieve more sustainable freight rates.” There was a more optimistic outlook due to “supply and demand starting to come closer together”, he suggested. Hapag‐Lloyd’s average rate per teu carried plunged by 15.4% last year, compared with 2015, to $1,036, dragging down revenue 13% to $7.7bn and negating a 2.7% increase in volumes, which reached 7.7m teu. The carrier’s Asia‐Europe average rates slumped 19% year‐on‐year to $765 per teu, while transpacific services came under even greater pressure, diving by 24% to an average of $1,222 per 40ft. Interestingly, in abbreviated nine‐month figures released by Hapag‐Lloyd for its merger partner, UASC’s average rate per teu was only $610 per teu for the 2.3m teu it carried, resulting in revenue of $1.8bn and an ebit loss for the period of $115m. Hapag‐Lloyd’s liftings jumped 7% year on year in the final quarter to 1.9m teu, including an impressive 16% increase on the transpacific – seen as a refuge in the ‘flight to safety’ by shippers following the collapse of Hanjin Shipping. P a g e | 3 13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT Mr Habben Jansen said the full benefit of contract and spot rate hikes would take time to work through into voyage results. “Due to long‐term contracts, we have not yet been able to fully capture the recent positive development in the spot market,” he said. Notwithstanding outstanding banking issues related to the merger with UASC, Mr Habben Jansen said the deal was “on track to close some time in the next couple of weeks”. And in a results press conference, in Hamburg this morning, Mr Habben Jansen said that in regard to the merger with UASC it was ” a very complex transaction”, and suggested that there may had been “an underestimation” of the complexity of the deal but said “we are working at full steam and it is simply a matter of time and a number of documents” needed. Hapag‐Lloyd calculates that the merger will see synergy savings of some $435m a year by 2019, but “one‐
off expenses of around $150m” are expected from the integration process. Once the merger is complete Hapag‐Lloyd will consolidate its fifth‐ranked position with a total capacity of 1.5m teu and a market share of 7.3%. This will put the enlarged carrier just behind the merged Cosco, around 1.7m teu, and comfortably ahead of Evergreen’s total capacity of just under 1m teu. Mr Habben Jansen said he believed carrier consolidation would continue and that in time “only five to seven truly global carriers will exist”. He added there would be “no investments from us in new vessels in the next couple of years”, and confirmed there were plans to reduce the number of ships, post‐merger, but this would come from charter redeliveries rather than vessel sales. He expected some savings at terminals from extra buying power after the merger, as well as from being part of THE Alliance, but it was too early to be more precise given that negotiations with terminal operators were “ongoing”. On the subject of the bankruptcy contingency plan incorporated into the THE Alliance agreement, Mr Habben Jansen said the cost for the five members of the fund would be “low double‐digit millions” (of dollars). He said that the contingency plan had been agreed “in response to customer feedback” and believed it would prove “positive” in terms of marketing. Mr Habben Jansen summed up: “We think we are in a pretty good spot”. But he cautioned that “recovery is still quite bumpy” and “continuous market discipline will be needed”. http://gcaptain.com/hapag‐lloyd‐chief‐stays‐positive‐despite‐2016s‐100‐million‐loss/ P a g e | 4 13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT SALE & PURCHASE
BULK CARRIER
DWT
BLT
Q GAYLE
206.565
2011
Q KAKI
181.214
2014
PLACE
UNIVERSAL SHBLDG ‐ TSU
IMABARI SHBLDG ‐ HIROS
IMABARI SHBLDG ‐ HIROS
SUNGDONG SHIPBUILDING
SUNGDONG SHIPBUILDING
SHANGHAI WAIGAOQIAO M/E 181.214
2014
179.337
2015
Q ANASTASIA
179.188
2014
Q MYRTALIA
177.979
2011
Q KENNEDY
84.978
2015
SASEBO SASEBO
MAN‐B&W
Q DEB
84.970
2014
SASEBO SASEBO
MAN‐B&W
Q SUE
84.943
2013
SASEBO SASEBO
MAN‐B&W
82.188
2011
Q JAKE
82.188
2011
Q IOANARI
81.827
2011
Q KEEN
81.586
2012
Q SHEA
76.939
2007
PACIFIC CAPELLA
180.346
2012
DONG‐A ARTEMIS
179.213
2012
CCS ANGEL
94.274
1995
BW GRAIN
82.672
2008
HANJIN ROSARIO
82.158
2013
GRAND LEGEND
74.444
2006
JULIAN
73.613
2003
TUO ZHAN 7
69.315
1990
AVENTURIN
56.778
2012
SUN LUCIA
56.568
2012
SUN ACAPULCO
55.730
2006
HONEST SPRING
55.641
2008
ALITIS
53.094
2002
TENSHOU MARU
52.450
2006
CHAVIN QUEEN
51.241
2009
SPARROW
48.220
2000
TOP BRILLIANCE
45.769
1998
OLGA TOPIC
45.483
1995
SEAWING III
45.279
1999
NANTONG MINGDE (MD153‐SUL‐01)
38.000
2016
HANJIN PERTH
35.177
2013
INTREPID HARVESTER
34.737
2012
HARLEQUIN
32.891
2012
ALICE
28.426
1997
CLIPPER IZUMO
P a g e | 5 28.338
2010
NAMURA IMARI
DALIAN SHIPBUILDING HYUNDAI SAMHO HEAVY MITSUBISHI NAGASAKI
TSUNEISHI HOLDINGS ‐ F
TSUNEISHI SHBLDG ‐ TDT
HUDONG‐
ZHONGHUA JIANGNAN SHIPYARD IMABARI MARUGAME
HANTONG SHIP HEAVY IND
HANTONG SHIP HEAVY IND
OSHIMA SHIPBUILDING
MITSUI TAMANO
IMABARI MARUGAME
TSUNEISHI HEAVY CEBU
IMABARI IMABARI
OSHIMA SHIPBUILDING
TSUNEISHI SHBLDG ‐ FUK
TSUNEISHI SHBLDG ‐ FUK
TSUNEISHI SHBLDG ‐ FUK
NANTONG MINGDE HEAVY SPP SHIPBUILDING ‐ NANTONG JINGHUA YANGFAN GROUP CO LTD
IMABARI MARUGAME
SHIMANAMI ZOSEN KK
$/dwt
MAN‐B&W
Q AMREEN
Q ARION
$ Mil
MAN‐B&W
Q HOUSTON
TSUNEISHI SHBLDG ‐ FKY
TSUNEISHI SHBLDG ‐ FKY
HYUNDAI MIPO DOCKYARD
HYUNDAI MIPO DOCKYARD
BUYER
MAN‐B&W
MAN‐B&W
MAN‐B&W
MAN‐B&W
Clients of Golden Ocean Group
364.000.000
MAN‐B&W
MAN‐B&W
MAN‐B&W
MAN‐B&W
MAN‐B&W
MAN‐B&W
UNDISCL. BYRS
28.000.000
155
MAN‐B&W
US BYRS
32.000.000
179
5.000.000
53
14.750.000
178
22.000.000
268
Mitsubishi
MAN‐B&W
MAN‐B&W
MIDDLE EASTERN YRS
CLIENTS OF SONGA
EUROPEAN BYRS
MAN‐B&W
GREEK BYRS
8.500.000
114
MAN‐B&W
UNDISCL BYRS
6.000.000
82
Sulzer
CHINESE BYRS
4.300.000
62
MAN‐B&W
UNDISCL BYRS
11.000.000
194
MAN‐B&W
INDIAN BYRS
11.000.000
194
MAN‐B&W
UNDISCL BYRS
10.000.000
179
MAN‐B&W
UNDISCL BYRS
12.000.000
216
MAN‐B&W
CHINESE BYRS
6.700.000
126
B&W
INDIAN BYRS
9.000.000
172
MAN‐B&W
GREEK BYRS
10.000.000
195
Mitsubishi
FEAST BYRS
Low 5.000.000
B&W
UNDISCL. BYRS
UNDISCL. PRICE
B&W
UKRAINIAN BYRS
4.000.000
88
B&W
UNDISCL BYRS
4.500.000
99
Wartsila
UNDISCL BYRS
14.000.000
368
MAN‐B&W
UNDISCL BYRS
12.000.000
341
MAN‐B&W
UNDISCL BYRS
9.800.000
282
MAN‐B&W
UNDISCL BYRS
10.000.000
304
B&W
CHINESE BYRS
MAN‐B&W
CLIENTS OF MARINERS SHIPPING AGENCY
Low 3.000.000
8.400.000
296
13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT TANKER
DWT
BLT
BW LOTUS
320.142
2011
BW OPAL
320.105
2012
BW PEONY
320.014
2011
DAEWOO 5438
318.000
2018
DAEWOO 5437
318.000
2018
BW EDELWEISS
301.021
2008
BW BAUHINIA
301.019
2007
BW UTAH
299.498
2001
BW UTIK
299.450
2001
BW LAKE
298.564
2004
BW LION
298.563
2004
BUNGA KASTURI DUA
300.542
2005
HEYDAR ALIYEV
164.551
2002
ZARIFA ALIYEVA
164.533
2003
SHAH DENIZ
107.507
2010
ABSHERON
107.488
2010
BAKU
105.387
2003
AZERBAIJAN
105.250
2003
GUNESHLI
104.403
2002
PHOENIX ALPHA
104.707
2003
KYEEMA SPIRIT
113.357
1999
MORNING GLORY VIII
99.990
2002
MARE CARIBBEAN
46.718
2004
BOW ARCHITECT
30.058
2005
ALSTERSTERN
17.034
1994
LOYAL PEGASUS
13.250
2008
RIO DAUPHIN
12.713
2009
SEMUA MUHIBBAH
11.134
2010
SEMUA MUTIARA
11.134
2010
CHASSIRON
9.995
2000
CAP FERRET
8.012
1998
DORADUS
7.550
2008
P a g e | 6 PLACE
BOHAI SHIPBUILDING DAEWOO SHIPBUILDING BOHAI SHIPBUILDING DAEWOO SHIPBUILDING DAEWOO SHIPBUILDING DAEWOO SHIPBUILDING DAEWOO SHIPBUILDING DAEWOO SHIPBUILDING DAEWOO SHIPBUILDING DAEWOO SHIPBUILDING DAEWOO SHIPBUILDING M/E $ Mil
$/dwt
Wartsila
MAN‐B&W
Wartsila
YYY
YYY
MAN‐B&W
DHT CLIENTS
538.000.000
MAN‐B&W
B&W
B&W
B&W
MAN‐B&W
UNIVERSAL SHBLDG ‐ ARI
HYUNDAI HEAVY INDS ‐ U
HYUNDAI HEAVY INDS ‐ U
TSUNEISHI HOLDINGS ‐ T
TSUNEISHI HOLDINGS ‐ T
SUMITOMO HI YOKOSUKA
SUMITOMO HEAVY MARINE
MAN‐B&W
NAMURA IMARI
B&W
DAEWOO SHIPBUILDING SAMSUNG HEAVY BUYER
B&W
AZA SHIPPING
31.000.000
103
B&W
B&W
MAN‐B&W
CLIENTS OF SOCAR
UNDISCL. PRICE
Sulzer
Sulzer
B&W
UNDISCL. BYRS 12.900.000
123
B&W
UNDISCL. BYRS
7.700.000
68
ONOMICHI
MAN‐B&W
FEAST BYRS
10.200.000
102
HYUNDAI MIPO DOCKYARD
B&W
UK BYRS
11.400.000
244
Mitsubishi
NORWEGIAN BYRS
16.700.000
556
MAN
UNDISCL. BYRS
KITANIHON
MTW SCHIFFSWERFT JINSE SHIPBUILDING MAN‐B&W
STX OFFSHORE MAN‐B&W
& SHBLDG
YANGZHOU MAN‐B&W
KEJIN SHIPYAR
YANGZHOU MAN‐B&W
KEJIN SHIPYAR
NIESTERN MaK
SANDER
NIESTERN MaK
SANDER
NANJING Chinese Std. Type
SHENGHUA UNDISCL. PRICE
UNDISCL. BYRS 11.000.000
FEAST BYRS
UNDISCL. BYRS
11.200.000
830
881
UNDISCL. PRICE
UNDISCL. BYRS
4.750.000
475
UNDISCL. BYRS
2.700.000
337
UNDISCL. BYRS
2.500.000
331
13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT CONTAINER
DWT
BLT
CONTI LE HAVRE
93.594
2005
CONTI VENICE
93.558
2005
HANJIN CHONGQING
80.855
2008
HANJIN SHENZHEN
80.855
2008
AUGUSTA KONTOR
68.150
2004
E. R. INDIA
68.025
2002
BUFFALO HUNTER
64.986
2005
ANL BARWON
42.011
2010
PLACE
HYUNDAI HEAVY INDS ‐ U
HYUNDAI HEAVY INDS ‐ U
HYUNDAI HEAVY INDS ‐ U
HYUNDAI HEAVY INDS ‐ U
HANJIN HI & CONST ‐ UL
SAMSUNG HEAVY HYUNDAI HEAVY INDS ‐ U
SHANGHAI SHIPYARD CO L
SHANGHAI SHIPYARD CO L
XIAMEN SHIPBUILDING TEU
7.471
7.471
BUYER
CLIENTS OF CMA‐
CGM
$ mil
$/dwt
14.500.000
155
14.500.000
155
6.655
KOREAN BYRS
12.000.000
148
6.655
KOREAN BYRS
12.000.000
148
5.060
UNDISCL. BYRS
5.762
CLIENTS OF MSC 10.000.000
147
4.738
Clients of 7.400.000
Cyprus Maritime
114
6.800.000
162
3.534
6.800.000
162
2.564
Clients of Salam 5.000.000
Pacific
146
3.534
UNDISCL. PRICE
UNDISCL. BYRS
PARTICI
41.974
2010
IMARA
34.325
2008
CAP BEATRICE
34.317
2004
HYUNDAI HEAVY INDS ‐ U
2.556
UNDISCL. BYRS
7.600.000
221
ELBA ISLAND
33.651
2005
VOLKSWERFT
2.474
CHINESE BYRS
6.500.000
193
KANAGA ISLAND
33.594
2005
VOLKSWERFT
2.474
CHINESE BYRS
6.500.000
193
MARE FOX
16.435
2003
PEENE‐WERFT
1.200
UNDISCL. BYRS
4.750.000
289
13.834
2007
13.750
2008
DWT
BLT
FANCOURT KONTOR
TURNBERRY KONTOR
Ro‐Ro / MPP / Ferry / Reefer
P a g e | 7 QINGSHAN SHIPYARD
QINGSHAN SHIPYARD
PLACE
1.098
UNDISCL. BYRS
UNDISCL. PRICE
1.080
Cranes / TEU
BUYER
$ mil
$/dwt
13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT DEMO
TYPE
DWT
BLT
LDT
$ LT / ldt
$
PLACE
MARIA II
BC
38.512
1990
10.074 ‐
‐
PAKISTAN
NADA ‐ Y
BC
15.794
1981
4.109 ‐
‐
PAKISTAN
SHI DAI 3
BC
69.659
1994
9.689 ‐
‐
CHINA
KANG SHENG
BC
52.828
2002
‐
‐
‐
CHINA
ZHI QIANG
BC
45.704
1998
7.528 ‐
‐
CHINA
DAPENGHAI
BC
50.457
2001
‐
‐
‐
CHINA
HANDAN STEEL
BC
264.971
1994
39.152 ‐
‐
INDIA SUB CONT
PENG ZHONG
BC
43.692
1990
‐
‐
‐
CHINA
BRILLIANT
CONTAINER
9.868
1992
‐
377 ‐
BANGLADESH
MSC DIDEM
CONTAINER
43.108
1987
5.511 350 1.928.850 INDIA
THORSTREAM
CONTAINER
23.007
1998
7.743 357 2.764.251 INDIA
GAS MAGIC
GAS TANKER
29.171
1989
10.150 385 3.907.750 INDIA
FEDOR VARAKSIN
GENERAL CARGO
14.220
1977
5.510 ‐
‐
TURKEY
SAPAI
GENERAL CARGO
28.860
1989
6.880 355 2.442.400 BANGLADESH
PIRITA
GENERAL CARGO
16.906
1994
5.387 360 1.939.320 BANGLADESH
ACON
GENERAL CARGO
26.360
1983
7.278 ‐
‐
INDIA
MAJESTY
GENERAL CARGO
5.397
1989
‐
‐
‐
CHINA
SEAGULL‐K
GENERAL CARGO
7.988
1984
2.558 ‐
‐
INDIA
YAMAK JUNIOR
GENERAL CARGO
5.900
1984
2.645 ‐
‐
INDIA
HONG LEOPARD
GENERAL CARGO
34.380
1989
9.510 365 3.471.150 PAKISTAN
ALBATROSS ‐15
MISCELLANEOUS
222
1980
269 ‐
‐
INDIA
CAPE VISCOUNT
OFFSHORE
1.540
1982
‐
‐
‐
SPARROW HAWK
OFFSHORE/TUG
1.095
1976
‐
‐
‐
INDIA
GREEN MAGNIFIC
REEFER
6.116
1992
‐
‐
‐
INDIA
RESEARCH
5.670
1990
‐
‐
‐
INDIA
RO‐RO CARGO
19.108
1986
‐
‐
‐
CHINA
MED STAR
RO‐RO/PASSENGER
378
1976
‐
‐
‐
TURKEY
C‐K STAR
RO‐RO/PASSENGER
3.707
1989
7.525 257 1.933.925 INDIA
CE‐VENTURE
TANKER
93.716
1991
14.219 ‐
‐
AS IS
SENTINEL I
TANKER
51.546
1985
10.644 360 3.831.840 BANGLADESH
TUG
203
1984
‐
‐
‐
INDIA
LEADER 1
PYXIS
SOLSTAR
P a g e | 8 13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT BDI
BCI
BPI
BSI
BHSI
BALTIC INDEX
5000
4500
4000
3500
3000
2500
2000
1500
1000
500
0
DEMOLITION (MILLION DWT)
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
1988
1987
1986
1985
1984
1983
1982
1981
7,4
34
44,4
37,7
43,3
39.2
55,6
25.7
33.15
12,3
5,3
6,5
5,6
10
27
22,5
15,6
18
15,3
18,2
16,8
15,9
3,9
4,7
2,36
5,2
14,5
10
30,5
25
25,6
26
27
25
13
0
28,5
28,5
20
30
37
40
50
60
P a g e | 9 01‐Feb‐16
15‐Feb‐16
29‐Feb‐16
14‐Mar‐16
30‐Mar‐16
13‐Apr‐16
06‐May‐16
20‐May‐16
10‐Jun‐16
27‐Jun‐16
11‐Jul‐16
25‐Jul‐16
08‐Aug‐16
23‐Aug‐16
06‐Sep‐16
20‐Sep‐16
05‐Oct‐16
20‐Oct‐16
03‐Nov‐16
17‐Nov‐16
01‐Dec‐16
16‐Dec‐16
11‐Jan‐17
26‐Jan‐17
09‐Feb‐17
1000
800
600
400
1800
1600
1400
1200
1000
800
600
400
200
0
BHSI
400
300
200
100
P a g e | 10 01‐Feb‐16
15‐Feb‐16
29‐Feb‐16
14‐Mar‐16
30‐Mar‐16
13‐Apr‐16
06‐May‐16
20‐May‐16
10‐Jun‐16
27‐Jun‐16
11‐Jul‐16
25‐Jul‐16
08‐Aug‐16
23‐Aug‐16
06‐Sep‐16
20‐Sep‐16
05‐Oct‐16
20‐Oct‐16
03‐Nov‐16
17‐Nov‐16
01‐Dec‐16
16‐Dec‐16
11‐Jan‐17
26‐Jan‐17
09‐Feb‐17
01‐Feb‐16
16‐Feb‐16
02‐Mar‐16
17‐Mar‐16
05‐Apr‐16
20‐Apr‐16
16‐May‐16
06‐Jun‐16
23‐Jun‐16
08‐Jul‐16
25‐Jul‐16
09‐Aug‐16
25‐Aug‐16
09‐Sep‐16
26‐Sep‐16
12‐Oct‐16
28‐Oct‐16
14‐Nov‐16
29‐Nov‐16
15‐Dec‐16
11‐Jan‐17
27‐Jan‐17
13‐Feb‐17
28‐Feb‐17
BDI
1400
3000
1200
2500
200
500
0
0
BPI
01‐Feb‐16
15‐Feb‐16
29‐Feb‐16
14‐Mar‐16
30‐Mar‐16
13‐Apr‐16
06‐May‐16
20‐May‐16
10‐Jun‐16
27‐Jun‐16
11‐Jul‐16
25‐Jul‐16
08‐Aug‐16
23‐Aug‐16
06‐Sep‐16
20‐Sep‐16
05‐Oct‐16
20‐Oct‐16
03‐Nov‐16
17‐Nov‐16
01‐Dec‐16
16‐Dec‐16
11‐Jan‐17
26‐Jan‐17
09‐Feb‐17
01‐Feb‐16
15‐Feb‐16
29‐Feb‐16
14‐Mar‐16
30‐Mar‐16
13‐Apr‐16
06‐May‐16
20‐May‐16
10‐Jun‐16
27‐Jun‐16
11‐Jul‐16
25‐Jul‐16
08‐Aug‐16
23‐Aug‐16
06‐Sep‐16
20‐Sep‐16
05‐Oct‐16
20‐Oct‐16
03‐Nov‐16
17‐Nov‐16
01‐Dec‐16
16‐Dec‐16
11‐Jan‐17
26‐Jan‐17
09‐Feb‐17
13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT 12 MONTHS STATISTICS
BCI
2000
1500
1000
BSI
1200
1000
800
600
400
200
0
DEMOLITION (MILLION DWT) 2017
700
600
500
TANKER
BULKER
CONTAINER
0
OTHER
13th March to 26th March 2017 / Weeks 11&12 MARKET REPORT LEGACY SHIPBROKING S.A.
57, Akti Miaouli
18536, Piraeus
Greece
Phone: +30 210 4292700
E‐mail: [email protected]
Fax: +30 210 4292737
Url: www.legacy.gr
Capt. Takis Margaritis
Mob: +30 6944 452028
Skype: takismargaritis
Costas Karatzas
Mob: +30 6944 456325
Skype: costaskaratzas
Flora Karatairi
Mob: +30 6956 302130
Skype: flora.karatairi
Vangelis Tsiolis
Mob: +30 695 630 2132
Skype: vagelis.tsiolis
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