WEEKLY SHIPPING MARKET REPORT - pg. 1 Week 4 (18 th Jan to 25 th Jan 2019) Bulkers Augustea Group have sold their Post Panamax “A Navigation” 93/2010 Jiangsu New Yangzijiang with DD 02/2019, to Chinese buyers at USD 14,9 mill for conversion. Note that back in November we had the sale of “Scandinavian Express” 93/2010 Cosco Dalian at levels USD 15,5 mill. Interocean Shipping have committed their Supramax “Sea Confidence” 52/2005 Oshima with DD 09/2019, to Chinese buyers at levels USD 9 mill. Note that the two years older “Tigris” 52/2003 Tsuneishi Fukuyama was sold back in December for USD 8,7 mill. AEC Holdings have sold their Handysize “Aec Belief” 33/2004 Shin Kurushima Onishi with DD 09/2019 to undisclosed buyers at levels USD 9,2 mill. Note that “Ivs Kanda” 32/2004 Kanda Kawajiri was sold back in October for USD 8,8 mill. Maestro Shipping have sold their Handysize “Maestro Lion” 31/1999 Japan with DD 04/2019 to Greek buyers at undisclosed levels. Note that in November we saw “Maestro Tiger” 31/1998 Japan at levels USD 6,5 mill. Tankers Golden Energy Marine have sold their Suezmax “Energy Trophy” 157/2018 Hyundai Samho to Dutch buyers Vitol for USD 62 mill. (Old sale) Mitsui OSK Lines have sold their uncoiled Aframax “Phoenix Dream” 105/2005 Hyundai HI with DD 01/2020 to UK based Union Maritime at a price of USD 13 mill. Please note that in October we had the sale of “Csk Shelton” 106/2005 Daewoo at levels USD 13,2 mill. First Ship Lease have committed their MR “Fsl Hamburg” 47/2005 Hyundai Mipo to Greek buyers Roswell Tankers at levels USD 11.8 mill. Back in December we saw the sale of “Morning Haruka” 47/2005 Onomichi being sold for USD 10,5 mill. TORM A/S have sold their MR “Torm Amazon” 47/2002 Onomichi with DD 04/2019, to Indian buyers Seven Islands at levels USD 8,5 mill. Comparable with the sale of “Ardmore Seatrade” 47/2002 of the same yard back in November at USD 8,2 mill. Baltic Indices (Friday Closing Values) INDEX Week 4 Week 3 ± (%) BDTI 875 891 -1,80% BCTI 668 665 0,45% 0 500 1.000 1.500 2.000 2.500 3.000 3.500 4.000 Bulkers B.D.I B.C.I B.P.I. B.S.I. B.H.S.I. 400 500 600 700 800 900 1.000 1.100 1.200 1.300 Tankers BDTI BCTI INDEX Week 4 Week 3 ± (%) BDI 905 1.112 -18,62% BCI 1.730 2.037 -15,07% BPI 748 1.018 -26,52% BSI 576 701 -17,83% BHSI 395 451 -12,42% WEEKLY SHIPPING MARKET REPORT WEEK 4
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WEEKLY SHIPPING MARKET REPORT - pg. 1
Week 4 (18th Jan to 25th Jan 2019)
Bulkers
Augustea Group have sold their Post Panamax “A Navigation” 93/2010 Jiangsu New Yangzijiang with DD 02/2019, to Chinese buyers at USD 14,9 mill for conversion. Note that back in November we had the sale of “Scandinavian Express” 93/2010 Cosco Dalian at levels USD 15,5 mill. Interocean Shipping have committed their Supramax “Sea Confidence” 52/2005 Oshima with DD 09/2019, to Chinese buyers at levels USD 9 mill. Note that the two years older “Tigris” 52/2003 Tsuneishi Fukuyama was sold back in December for USD 8,7 mill. AEC Holdings have sold their Handysize “Aec Belief” 33/2004 Shin Kurushima Onishi with DD 09/2019 to undisclosed buyers at levels USD 9,2 mill. Note that “Ivs Kanda” 32/2004 Kanda Kawajiri was sold back in October for USD 8,8 mill. Maestro Shipping have sold their Handysize “Maestro Lion” 31/1999 Japan with DD 04/2019 to Greek buyers at undisclosed levels. Note that in November we saw “Maestro Tiger” 31/1998 Japan at levels USD 6,5 mill.
Tankers
Golden Energy Marine have sold their Suezmax “Energy Trophy” 157/2018 Hyundai Samho to Dutch buyers Vitol for USD 62 mill. (Old sale)
Mitsui OSK Lines have sold their uncoiled Aframax “Phoenix Dream” 105/2005 Hyundai HI with DD 01/2020 to UK based Union Maritime at a price of USD 13 mill. Please note that in October we had the sale of “Csk Shelton” 106/2005 Daewoo at levels USD 13,2 mill. First Ship Lease have committed their MR “Fsl Hamburg” 47/2005 Hyundai Mipo to Greek buyers Roswell Tankers at levels USD 11.8 mill. Back in December we saw the sale of “Morning Haruka” 47/2005 Onomichi being sold for USD 10,5 mill. TORM A/S have sold their MR “Torm Amazon” 47/2002 Onomichi with DD
04/2019, to Indian buyers Seven Islands at levels USD 8,5 mill. Comparable
with the sale of “Ardmore Seatrade” 47/2002 of the same yard back in
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