GOLDEN DESTINY MONTHLY REPORT/S&P DEMOLITION ACTIVITY

Transcription

1 ISSUE 12/2010 DECEMBER 2010 ANNUAL S&P ACTIVITY MONTHLY MARKET REPORT S&P ACTIVITY DEMOLITION ACTIVITY BULK CARRIERS FIXTURE ACTIVITY GRAPHICAL ANALYSIS OF THE BALTIC INDICES GOLDEN DESTINY MONTHLY REPORT/S&P DEMOLITION ACTIVITY highlights the trends and the volume of transactions in the Sale & Purchase and Demolition market, the buying interest of Greek and Foreign Investors, the presence of the main Demolition Countries in the market and the popularity of each vessel type either for further trading or scrapping. In the period charter market, the GOLDEN DESTINY MONTHLY REPORT/ Bulk Carriers Fixture Activity focuses in the Bulk Carrier Sector and shows the volume of transactions for vessels of all Sizes (Capesizes, Post Panamaxes, Kamsarmaxes, Panamaxes, Supramaxes, Handymaxes & Handysizes) & highlights the regular fixture period and which size of vessel is the most commercial for trading. In the spot charter market, the GOLDEN DESTINY MONTHLY REPORT/ Graphical Analysis of the Baltic Indices, shows the daily movement of all the Baltic Indices as an indicator of the freight market in the dry and wet sector. All the information contained in this report is given in good faith but without guarantee based on our S&P Market Reports and Insight Market Information from various sources. Neither the Company nor its Directors or employees shall be liable in any way whatsoever for any loss incurred on the information contained herein.

2 S&P ACTIVITY, DECEMBER VESSELS SOLD FOR FURTHER TRADING VESSELS SOLD TO GREEK BUYERS TYPE UNITS DWT U.S. $ EURO PT's ACT's NOV 2010 UNITS %monthly change Bulkcarriers ,00% Tankers ,86% Gas Tankers 0 0 N/A Liners 0 1 N/A Containers ,00% Combi 0 0 N/A PAX/RO N/A Reefers 0 0 N/A Special Projects ,00% TOTAL ,33% VESSELS SOLD TO FOREIGN & UNDISCLOSED BUYERS TYPE UNITS DWT U.S. $ EURO UB's CHINESE PT's ACT's NOV 2010 UNITS %monthly change Bulkcarriers ,26% Tankers ,17% Gas Tankers ,00% Liners ,00% Containers ,00% Combi 0 0 N/A PAX/RO ,67% Reefers N/A Special Projects ,00% TOTAL ,00% TOTAL S&P ACTIVITY, DECEMBER 2010 TYPE UNITS DWT U.S. $ EURO UB's CHINESE PT's ACT's NOV 2010 UNITS %monthly change Bulkcarriers ,39% Tankers ,26% Gas Tankers ,00% Liners ,45% Containers ,09% Combi N/A PAX/RO ,33% Reefers N/A Special Projects ,67% TOTAL ,71% UB=Undisclosed Buyers // PT = Private Terms // ACT= Auction

3 DEMOLITION ACTIVITY, DECEMBER 2010 TYPE DEMOLITION ACTIVITY PER WEEK PER VESSEL TYPE WEEK 1 10/12/2010 WEEK 2 17/12/2010 WEEK 3 24/12/2010 WEEK 4 7/01/2011 TOTAL UNITS DWT UNITS DWT UNITS DWT UNITS DWT UNITS DWT Bulkcarriers Tankers Gas Tankers Liners Containers Combi PAX/RO Reefers Sp.Projects TOTAL DEMO COUNTRY DEMOLITION ACTIVITY PER WEEK PER DEMO COUNTRY WEEK 1 10/12/2010 WEEK 2 17/12/2010 WEEK 3 24/12/2010 WEEK 4 7/01/2011 TOTAL UNITS DWT UNITS DWT UNITS DWT UNITS DWT UNITS DWT Bangladesh India China Pakistan Turkey Various Unknown TOTAL TOTAL DEMOLITION ACTIVITY, DECEMBER 2010 DEMO COUNTRY TYPE UNITS DWT BDESH INDIA PRC UNITS UNITS UNITS UNITS UNITS UNITS UNITS PAKISTAN TRK VARIOUS UKNOWN NOV 2010 UNITS %monthly change Bulkcarriers ,00% Tankers ,53% Gas Tankers ,00% Liners ,17% Containers N/A Combi N/A PAX/RO ,00% Reefers ,00% Sp.Projects ,00% TOTAL ,13%

4 PERIOD MARKET -BULK CARRIERS FIXTURE ACTIVITY, DECEMBER 2010 PAGE 1 CAPESIZE (120, ,999 DWT) - PER >=2010 N/B UP TO 5YRS UP TO 10YRS UP TO 15YRS UP TO 20YRS TOTAL POST PANAMAX (92,500 DWT) - PER >=2010 N/B UP TO 5YRS UP TO 10YRS UP TO 15YRS UP TO 20YRS TOTAL KAMSARMAX (82,000 DWT) - PER >=2010 N/B UP TO 5YRS UP TO 10YRS UP TO 15YRS UP TO 20YRS TOTAL PANAMAX (60,000-76,999 DWT) - PER >=2010 N/B UP TO 5YRS UP TO 10YRS UP TO 15YRS UP TO 20YRS TOTAL

5 PERIOD MARKET - BULK CARRIERS FIXTURE ACTIVITY, DECEMBER 2010 PAGE 2 SUPRAMAX (50,000-59,999 DWT) - PER >=2010 N/B UP TO 5YRS UP TO 10YRS UP TO 15YRS UP TO 20YRS TOTAL HANDYMAX (38,000-49,999 DWT) - PER >=2010 N/B UP TO 5YRS UP TO 10YRS UP TO 15YRS UP TO 20YRS TOTAL HANDYSIZE (22,000-37,9999 DWT) - PER >=2010 N/B UP TO 5YRS UP TO 10YRS UP TO 15YRS UP TO 20YRS TOTAL PERIOD MARKET - TOTAL BULK CARRIERS FIXTURE ACTIVITY, DECEMBER 2010 N/B UP TO 5YRS UP TO 10YRS UP TO 15YRS UP TO 20YRS UP TO 30YRS >= TOTAL NOV 2010 % monthly change CAPESIZE ,67% POST PANAMAX N/A KAMSARMAX ,00% PANAMAX ,00% SUPRAMAX ,00% HANDYMAX N/A HANDYSIZE ,00% TOTAL ,77%

6 DRY & WET CARGO INDICES DRY MARKET YEAR 2010 YEAR 2009 BDI LOW HIGH AVERAGE BDI LOW HIGH AVERAGE JANUARY JANUARY FEBRUARY FEBRUARY MARCH MARCH APRIL APRIL MAY MAY JUNE JUNE JULY JULY AUGUST AUGUST SEPTEMBER SEPTEMBER OCTOBER OCTOBER NOVEMBER NOVEMBER DECEMBER DECEMBER WET MARKET YEAR 2010 YEAR 2009 BDTI LOW HIGH AVERAGE BDTI LOW HIGH AVERAGE JANUARY JANUARY FEBRUARY FEBRUARY MARCH MARCH APRIL APRIL MAY MAY JUNE JUNE JULY JULY AUGUST AUGUST SEPTEMBER SEPTEMBER OCTOBER OCTOBER NOVEMBER NOVEMBER DECEMBER DECEMBER YEAR 2010 YEAR 2009 BCTI LOW HIGH AVERAGE BCTI LOW HIGH AVERAGE JANUARY JANUARY FEBRUARY FEBRUARY MARCH MARCH APRIL APRIL MAY MAY JUNE JUNE JULY JULY AUGUST AUGUST SEPTEMBER SEPTEMBER OCTOBER OCTOBER NOVEMBER NOVEMBER DECEMBER DECEMBER

7 DRY CARGO CHARTER MARKET MOVEMENTS PAGE 1 BDI FROM /1/ /6/2009; /11/2009; ; /3/2009; /2/2010; /10/2010; /9/2009; /7/2010; /4/2009; /1/11; BHSI FROM /1/ /3/09; /4/09; /12/09; /2/10; /5/10; /7/10; /1/11; BSI FROM /1/ /3/09; /4/09; /5/10; /7/10; /12/10; /11/10; /1/11; 1.345

8 DRY CARGO CHARTER MARKET MOVEMENTS PAGE 2 BPI FROM /1/ /3/09; /1/09; 531 8/4/09; /11/09; /7/09; /2/10; /8/09; /5/10; /7/10; /9/10; /1/11; /2/09; /4/09; BCI FROM /1/2011 3/6/09; /11/09; /9/09; /6/10; /7/10; /10/10; /1/11; 1.788

9 WET CARGO CHARTER MARKET MOVEMENTS /2/09; /4/09; 347 BCTI FROM /1/ /1/10; 895 1/10/09; 515 9/11/09; /7/10; 838 7/6/10; /12/10; /1/11; /11/10; BDTI FROM /1/ /6/09; 721 6/3/09; /4/09; /9/10; /1/10; /3/10; /12/10; /1/11; /9/10; 680

10 ANNUAL S&P ACTIVITY Page S&P SECONDHAND ACITVITY VESSEL TYPE ACTUAL SALES INVESTED CAPITAL PRIVATE TERMS FAILED DEALS % Y-O-Y Change No. of Vessels (US$) EURO No. of Vessels No. of Vessels in No. of vessels Bulkcarriers % Tankers * % Liners ** % Containers % Reefers % Passenger / Cruise % Ro - Ro***** % Car Carrier N/A Combined *** % Special Projects **** % TOTAL % Note: Failed deals are not included in the number of actual sales VESSEL TYPE S&P SECONDHAND ACITVITY ACTUAL SALES INVESTED CAPITAL PRIVATE TERMS No. of Vessels (US$) EURO No. of Vessels Bulkcarriers Tankers * Liners ** Containers Reefers Passenger / Cruise Ro - Ro***** Car Carrier Combined *** Special Projects **** TOTAL Key:/ * incl. Crude Oil, Clean & Dirty Products, LPG, LNG, Chemical, Asphalt and Veg-Oil ** incl. Multi-Purpose and Tweendeckers *** incl. Bulk-Ore, Ore-Oil and Bulk-Oil Carriers **** incl. Oil & Drilling Rigs, Tugs, Livestock, Trawlers, Cable/Exploration/Navy/Support vsls **** incl. Ro-Ro Cargo, Ro-Ro Passenger *****

11 ANNUAL S&P ACTIVITY - GREEK VS CHINESE PRESENCE 2010 Page GREEK S&P SECONDHAND ACITVITY VESSEL TYPE ACTUAL SALES INVESTED CAPITAL PRIVATE TERMS FAILED DEALS % Y-O-Y Change No. of Vessels (US$) EURO No. of Vessels No. of Vessels in No. of vessels Bulkcarriers % Tankers * % Liners ** % Containers % Reefers % Passenger / Cruise % Ro - Ro***** % Car Carrier N/A Combined *** N/A Special Projects **** % TOTAL % 2010 CHINESE S&P SECONDHAND ACITVITY VESSEL TYPE ACTUAL SALES INVESTED CAPITAL PRIVATE TERMS FAILED DEALS % Y-O-Y Change in No. of No. of Vessels (US$) EURO No. of Vessels No. of Vessels vessels Bulkcarriers % Tankers * % Liners ** % Containers % Reefers % Passenger / Cruise % Ro - Ro***** % Car Carrier % Combined *** % Special Projects **** % TOTAL % Key:/ * incl. Crude Oil, Clean & Dirty Products, LPG, LNG, Chemical, Asphalt and Veg-Oil ** incl. Multi-Purpose and Tweendeckers *** incl. Bulk-Ore, Ore-Oil and Bulk-Oil Carriers **** incl. Oil & Drilling Rigs, Tugs, Livestock, Trawlers, Cable/Exploration/Navy/Support vsls **** incl. Ro-Ro Cargo, Ro-Ro Passenger *****

12 ANNUAL S&P ACTIVITY - GREEK VS CHINESE PRESENCE 2009 Page GREEK S&P SECONDHAND ACITVITY 2009 CHINESE S&P SECONDHAND ACITVITY VESSEL TYPE ACTUAL SALES INVESTED CAPITAL PRIVATE TERMS VESSEL TYPE ACTUAL SALES INVESTED CAPITAL PRIVATE TERMS No. of No. of No. of No. of Vessels (US$) EURO Vessels Vessels (US$) EURO Vessels Bulkcarriers Bulkcarriers Tankers * Tankers * Liners ** Liners ** Containers Containers Reefers Reefers Passenger / Cruise Passenger / Cruise Ro - Ro***** Ro - Ro***** Car Carrier Car Carrier Combined Combined *** Special Projects **** *** Special Projects **** TOTAL TOTAL Key:/ * incl. Crude Oil, Clean & Dirty Products, LPG, LNG, Chemical, Asphalt and Veg-Oil ** incl. Multi-Purpose and Tweendeckers *** incl. Bulk-Ore, Ore-Oil and Bulk-Oil Carriers **** incl. Oil & Drilling Rigs, Tugs, Livestock, Trawlers, Cable/Exploration/Navy/Support vsls **** incl. Ro-Ro Cargo, Ro-Ro Passenger *****

13 ANNUAL DEMOLITION ACTIVITY YEAR TO DEMOLITION ACTIVITY PER VESSEL TYPE VESSEL TYPE DEMO 2010 DEMO 2009 % Y-O-Y Change No. of Vessels in DWT No. of Vessels in DWT in No. of vessels Bulkcarriers % Tankers * % Liners ** % Containers % Reefers % Passenger / Cruise % Ro - Ro***** % Car Carrier N/A Combined *** % Special Projects **** % TOTAL % DEMOLITION ACTIVITY BY DEMO COUNTRY DEMO COUNTRY REPORTED DEMO 2010 REPORTED DEMO 2009 %DEMOLTION ACTIVITY No. of No. of yearly change Vessels in DWT Vessels in DWT in of vessels Bangladesh % India % Pakistan % China % Turkey % Various % Unknown % TOTAL %