CLARKSON HELLAS

S&P WEEKLY BULLETIN

7th OCTOBER 2013

DRY CARGO VESSELS

VESSEL DWT BLT DETAILS SS/DD PRICE BUYER

CAPE CHALLENGER I 180.000 2013 IHI WARTS 6RT-flex68 - USD 51 M GREECE
MAN/B+W GREECE
JK PIONEER 179.134 2013 HYUNDAI - USD 52 M
6S70MC-C8 (tc attached)
SS 8/16
YANGTZE MARVEL 170.974 1999 IHI SUL 6RTA72 USD 17 M SINOKOR
DD 8/14
MAN/B+W
BK ALICE 81.970 2012 JIANGSU - USD 23 M GREECE
5S60MC-C8
MAN/B+W
SS 9/14
DARYA SHAKTI 56.060 2004 MITSUI 6S50MC-C USD 18.2 M SINOTRANS
DD 9/14
C 4X30
MITS 6UEC50LSII SS 7/17
JUERGEN SCHULTE 48.224 1997 OSHIMA rgn USD 8.7 M UNDISCLOSED
C 4X25 DD 6/15
MAN/B+W 6S42MC SS 4/18
BENETE BAY 28.342 2008 SHIMANAMI USD 17 M SINGAPORE
C 4X30 DD 2/16
MITS 5UEC52LA SS 5/17
PACIFIC BULKER 27.865 1997 KANASASHI USD 7.8 M EUROPE
C 5X30 DD 5/15

TANKERS

VESSEL DWT BLT DETAILS SS/DD PRICE BUYER

B+W 7S80MC SS 1/18 INDONESIA
BW LUNA 298.555 2003 DAEWOO USD 36 M
DH DD 4/16 (Soechi)
B+W 6L60MC SS 9/15
GENMAR AGAMEMNON 96.214 1995 SAMSUNG USD 7.5 M INDONESIA
DH DD 12/13
MITS 6UEC60LA SS 2/14
PIONEER SUNSHINE 45.915 2004 KURUSHIMA USD 17.5 M
DH/pumproom DD 2/14
GREECE
B+W 6S50MC SS 1/16
UNIQUE SUNSHINE 47.087 2001 ONOMICHI USD 12 M
DH/pumproom DD 1/14
GLOBAL CHALLENGE SS 8/14
USD 27.1 M
(IMO 2) MAN/B+W 6S42MC DD 8/14
19.993 2009 USUKI
GLOBAL PEACE DH/20 grades SS 11/14
USD 27.1 M
(IMO 2) DD 11/14
USA
BUM EUN SS 11/15
USD 20 M
(IMO 2) MAN/B+W 6S42MC DD 11/15
19.992 2005 USUKI
BUM CHIN DH/20 grades SS 4/15
USD 20 M
(IMO 2) DD 4/15
PALMA PRIMA B+W 6L35MC
9.141 1994 HIGAKI - USD 3.4 M UNDISCLOSED
(IMO 2/3) DH/epoxy
WARTS 6R32E SS 6/15
GLORY 121 8.248 1995 SINGAPORE USD 3.65 M UNDISCLOSED
DH/epoxy DD 9/13

Clarkson Hellas Weekly S+P Bulletin 1

 TWEEN – CONTAINERS – REEFERS – RORO

VESSEL DWT BLT DETAILS SS/DD PRICE BUYER

SCI NHAVA SHEVA SS 5/15
67.255 USD 25 M
(CONT) SUL 8RTA96C DD 5/15
2005 HYUNDAI NORWAY
SANTA PRISCILLA 5.047 TEU SS 9/15
67.222 USD 25 M
(CONT) DD 9/15
ARIANA MAN/B+W SS 6/16
38.700 USD 17 M
(CONT) 7S70MC-C DD 8/14
2006 POLAND UNDISCLOSED
AROSIA 2.732 TEU SS 3/16
38.600 USD 17 M
(CONT) C 3X45 DD 4/14
STX MELBOURNE SS 7/18
MAN/B+W xs USD 17 M
(CONT) DD 5/16
37.901 2008 GERMANY 7L70MC-C F. EAST
STX MUMBAI SS 4/18
2.742 TEU xs USD 17 M
(CONT) DD 4/16
SUL 6RTA62U
WEHR RISSEN SS 7/14
23.028 1999 POLAND 1.730 TEU USD 6.6 M BOREALIS
(CONT) DD 7/14
C 3X40
MAK 7M43
SCHELDE TRADER SS 9/13
8.015 2003 CHINA 660 TEU USD 3 M UNDISCLOSED
(CONT) DD 9/13
C 2X50

RATES

BALTIC INDEX EXCHANGE RATE BUNKER PRICES

BDI 2084 + 38 EURO/USD 1.3579 BUNKERS ROTTERDAM SPORE FUJAIRAH
BCI 3943 - 24 YEN/USD 0,0103 IFO 380 594 614 615
BPI 1914 + 114 BRENT IFO 180 616 620.5 655
BSI 1113 + 44 109.63 MDO - 908 -

Clarkson Hellas Weekly S+P Bulletin 2

NEWBUILDING

Starting with dry, and in the larger sizes we have seen a number of orders placed this week for
Newcastlemax, starting with Oldendorff Carriers are placing an order for four firm plus two option
208,000 DWT bulkers at Jiangsu New Yangzijiang with delivery of the firm ships in 2015 and 2016.
Next Clients of Star Bulk Carriers are understood to have contracted three firm Newcastlemax, with a
single 209,000 DWT vessel at Nantong COSCO KHI (NACKS) and two firm 208,000 DWT at SWS.
Delivery of all three vessels is due for 2016. In the smaller sizes, Star Bulk have also announced an
order for two firm 61,000 DWT Ultramax also at NACKS, with delivery in the fourth quarter of 2015.
Additionally in the Ultramax sector, China Merchants Energy Shipping (CMES) have contracted a total
of eight firm and four option Ultramax in China. This order includes four and two 61,000 DWT Ultramax
at both NACKS and DACKS respectively, with delivery from 2015. The CMES order also includes two
firm plus four option SDARI design 64,000 DWT Ultramax at Chengxi, with both the firm and optional
vessels due for delivery in 2016.

A quiet week in the tanker market with just one order to report, with Stolt-Neilsen understood to have
declared the sixth in a series of 38,000 DWT stainless steel chemical tankers at Hudong Zhonghua,
with delivery of this latest vessel lined up for 2017.

The container market ordering has been focussed on the mid to large and feeder sectors, with little
ordering seen in the intermediary sizes. DSME have taken an order for three firm 10,500 TEU
container carriers from Hamburg Sud. These wide beam post panamax vessels are understood to be
due for charter to MOL/Hanjin Shipping when delivered from the third quarter of 2015. Pricing for this
order is understood to be in the region USD 91.5 Mill per vessel. In the similar sizes and Seaspan are
understood to have declared five further options for 10,000 TEU at Jiangsu New Yangzijiang. These
latest vessels are due for delivery within 2015 with a price of USD 90 Mill each, and take the total
series to sixteen vessels. Finally in containers, SITC have declared a further four options for 1,800
TEU feeder vessels at CSBC Keelung – which takes the series to eight firm vessels, pricing is in the
region USD 23 Mill each with delivery from mid-2015 and into 2016.

A relatively active week in the small LPG carrier market, starting with Odfjell Gas Carriers contracting
four firm 17,000 CBM LPG/Ethylene carriers with Sinopacific Group. Pricing was reported in the region
USD 45 Mill with delivery in the second half of 2015 and first half of 2016. Agodco are also understood
to have declared the third in a series of 7,200 CBM at Kyokuyo, with delivery in 2015 and pricing
around USD 20 Mill. At Kitanihon, Brave Maritime have placed an order for two of both 3,500 and
5,000 CBM LPG carriers. Pricing is undisclosed, however delivery of all four vessels in understood to
be planned for 2015.

(THE INFORMATION CONTAINED IN THIS REPORT HAS BEEN OBTAINED FROM VARIOUS MARKET SOURCES. WE
BELIEVE THIS INFORMATION TO BE CORRECT BUT WE CAN NOT GUARANTEE ITS ACCURACY OR COMPLETENESS.
HENCE WE CAN NOT BE HELD RESPONSIBLE FOR ANY ACTION OR FAILURE TO TAKE ACTION UPON RELIANCE ON
INFORMATION CONTAINED HEREIN. THIS REPORT MUST NOT BE REPRODUCED OR DISTRIBUTED TO ANY THIRD
PARTY.)

Clarkson Hellas Weekly S+P Bulletin 3