Bulk Sold (Feb- Aug 10)
Content
Handysize 0 - 19,999 DWT Sold Aug - 10 Built
Vessel
Sold Price US$M
DWT
1998
Active
11.8
12,974
1999
Accurate
11.8
13,347
2002
Mining star
14.5
18,721
2007
Os sunshine
5.8
15,968
To clients of Essar
Sold Jun - 10 Built
Vessel
Sold Price US$M
DWT
1999
Siam Emerald
8.2
10,122
Sold Price US$M
DWT
Sold Apr - 10 Built
Vessel
Handysize (10 Sold Mar - 10 20.0
18.0
16.0
P 14.0 R I C 12.0 E S U 10.0 S D ' 8.0 M I L
Sold Apr - 10
Sold May - 10
I L L
6.0
4.0 self disch
2.0
0.0 1980
1985
1990
1995
19,999 DWT Sold Jul - 10 Built
Vessel
Sold Price US$M
DWT
1979
Hakki Deval
2.5
15,775
1980
Serra Deval
2.5
15,786
Sold May - 10 Built
Vessel
Sold Price US$M
DWT
1987
A.V.Kastner
3.5
19,075
Self disch
Sold Mar - 10 Built
Vessel
Sold Price US$M
DWT
1982
African Trader
1.9
11,243
1986
Adamastos
4.7
17,792
2005
Eastern Grace
17.5
18,849
2005
Western Grace
17.5
18,828
Handysize (10 - 20,000 DWT) Sold May - 10
Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
1995
2000
Year Built
2005
2010
2015
Month (in 2010)
Vessel name(s)
May
A.V.Kastner
Aug
Active Accurate
2015
*Data Labels on graph* Vessel name(s)
Year built
Dwt
Price
Data label(s) added to the point
A.V.Kastner
1987
19075
3.5
self disch
Active
1998
12974
11.8
Accurate
1999
13347
11.8
Enbloc sale
Buyers
clients of essar
Handysize 20 - 40,000 DWT Sold Aug - 10
Sold Jul - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1982
Golden 9
5.0
38,101
1981
Nelson
2.5
22,655
1983
Vinashin-5
2.3
21,340
1982
Fu Wang
2.5
21,317
1984
Niebla
9.5
38,830
1982
Seaforce Marianna
2.1
24,733
1985
Island of luck
7.0
26,541
1984
S1 Moon
5.5
27,468
2009
Ushuaia
30.0
35,500
1995
Bright Coral
14.5
24,173
2010
Cordoba
31.0
37,852
Enbloc sale: to bulgarian byers(navibulgar
1995
Avalon
14.5
27,917
Failed Sale
2011
Federal Pearl
27.0
29,800
1995
Bright Coral
14.5
24,173
Failed Sale
2011
Federal Yangtze
27.0
29,800
Enbloc sale: to bulgarian byers(navibulgar)
1996
Santa Christina
16.5
25,378
2010
Aoli 2 / Zhejiang Aoli
26.5
35,000
2010
Jin Glory
30.0
33,300
2010
Jin Orient
30.0
33,300
Sold June - 10
Sold May - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1982
Arcadia Progress
5.7
39,338
1981
Larisa
4.3
30,900
1982
Savannah Belle
2.9
22,558
1983
Nosco Peace
4.3
26,384
1984
Pagona H
7.5
30,898
1983
Siam Pearl
7.5
38,023
1987
ocean Success
13.0
38,455
1994
Kanda Kawajiri
15.8
28,510
1998
Royal Forest
20.3
31,770
Failed sale
1998
Fortune Express
21.0
30,109
2000
Fadelsia
25.0
31,651
Dely in Q4-10, Nov-10
1999
Atlantic Laurel
21.5
27,797
2004
Great Chance
26.2
28,701
2007
Palawan
28.0
32,029
2005
Port Star
28.5
31,921
2009
Nord Mumbai
27.5
32,688
2008
Xin Dong Guan 6
23.5
33,076
2009
Nord Shanghai
27.5
32,688
2009
JBU Mistral
23.0
29,130
2009
Tri Arrows
29.5
28,442
2009
Handy Wind
32.8
34,408
2010
NB Resale Hull 432-0603
24.5
32,500
2010
Handy Cove
33.5
35,000
2010
NB Resale
25.0
32,000
2010
Handy Bay
33.5
35,000
2010
Nord Hong kong
27.5
32,688
2010
N/B RESALE HULL H4009
33.4
35,000
2010
Nord Vancouver
27.0
32,688
2010
N/B RESALE HULL H4011
33.4
35,000
2010
N/B Resale Hull 109
27.5
32,500
2010
N/B RESALE HULL H4016
33.4
35,000
2010
N/B Resale Hull 110
27.5
32,500
2011
N/B RESALE HULL H4015
33.0
35,000
2011
N/B RESALE HULL H4019
33.0
35,000
Sold Apr - 10
Sale to 50% partner
Long term TC to Cargill
(3+2)units, Long term TC to Cargill
Sold Mar - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1983
Ocean Ranger
5.5
32,409
1977
Ocean Beauty
17.2
24,740
1984
Vitafaith
5.2
23,258
1980
Sea Power
2.5
23,878
1985
Sosna
7.5
26,530
1980
Tolmi
2.7
27,476
1985
Golden
7.2
38,099
1981
Starhill
2.2
21,310
1987
Maritime Alliance
10.0
36,639
1981
East Sunrise Taizhou
2.2
37,687
1997
Hanjin Penang
18.0
27,365
1981
Nipha Naree
2.2
33,024
2002
Patriarch
23.0
31,842
1981
CS Montrose
2.2
21,310
2002
Patriot
24.0
31,838
1984
Ocean Leader
5.9
28,097
2003
Parat
24.0
31,829
Sale doubtful
1984
Armelle
5.3
26,616
2004
Patent
25.0
31,818
Sale doubtful
1984
Costis
5.7
29,112
2008
Padre
29.0
32,029
Sale doubtful
1996
Queen Asia
15.8
28,350
2010
Shanhaiguan 029
27.0
29,800
1997
Darya Sur
18.0
29,892
2010
Shanhaiguan 030
27.0
29,800
1998
Ocean Beauty
17.7
28,666
1999
Clipper Sentosa
13.8
20,742
2000
Sunny Royal
19.3
28,407
2001
Clipper Lake
19.0
28,492
2003
Pos Auck Land
20.6
28,678
2003
Silvrettal/Silvaplana
23.0
29,721
2004
UBC Stavanger
23.6
31,751
2004
Pos Brave
22.2
28,657
2007
Nord Rio
26.0
31,883
2007
Palawan
28.0
32,029
2008
Ince Marmara
25.5
28,352
2009
Pax
30.0
32,047
2010
Hedwig
28.0
28,050
2010
Eastwind yates
27.0
29,800
2010
Eastwind York
27.0
29,800
Sale doubtful
Failed sale
Handysize (20 - 39,999 DWT) 40.0
35.0
Sold Mar - 10
Sold Apr - 10
Sold May - 10
Sold June - 10
Sold Jul - 10
30.0
P R I 25.0 C E S
3 vsls Sale doubtful
Dely in Q4-10, Nov-10
U 20.0 S D ' M I 15.0 L L
10.0
5.0
0.0 1975
1980
1985
1990
1995
Year Built
2000
*Data Labels on graph* Month (in 2010)
Vessel name(s)
Year built
Dwt
Price
Data label(s) added to the point
Mar
Ince Marmara
2008
28352
25.5
failed sale
Patriarch
2002
31842
Parat
2003
31829
Patent
2004
31818
April
June
Jul
Aug
3 vsls sale doubtful
Padre
2008
32029
Royal Forest
1998
31770
20.3
sale doubtful failed sale
Fadelsia
2000
31651
25
Dely in Q4-10, Nov-10 sale to 50% partner
JBU Mistral
2009
29130
23
Handy Wind
2009
34408
32.8
Handy Cove
2010
35000
33.5
Long term TC to Cargill
Avalon
1995
27917
14.5
failed sale
Bright Coral
1995
24173
14.5
failed sale Enbloc sale: to bulgarian buyers Enbloc sale: to bulgarian byers(navibulgar Enbloc sale: to bulgarian byers(navibulgar
Ushuaia
2009
35500
30
Cordoba
2010
37852
31
Federal Pearl
2011
29800
27
Federal Yangtze
2011
29800
27
Enbloc sale
Buyers
Sold Jul - 10
Sold Aug - 10
Long term TC to Cargill
Long term TC to Cargill (3+2)units with L/T TC to Cargill
Failed Sale sale doubtful
3 vsls Sale doubtful
Sale 50% to partner
2005
2010
2015
Handysize 20-25,999 DWT Sold Aug - 10 Built
Vessel
Sold Price US$M
DWT
1983
Vinashin-5
2.3
21,340
Sold Jun - 10 Built
Vessel
Sold Price US$M
DWT
1982
Savannah Belle
2.9
22,558
Sold Apr - 10 Built
Vessel
Sold Price US$M
DWT
1984
Vitafaith
5.2
23,258
Handy (20 Sold Mar - 10
Sold Apr - 10
Sold May - 10
18.0
16.0
Failed Sale 14.0
P r i c e
12.0
10.0
U S ' M i l
8.0
6.0
4.0
2.0
0.0 1980
1985
1990
1995
25,999 DWT Sold Jul- 10 Built
Vessel
Sold Price US$M
DWT
1982 1995 1982 1995 1996 1981
Fu Wang Bright Coral Seaforce Marianna Bright Coral Santa Christina Nelson
2.5 14.5 2.1 14.5 16.5 2.5
21,317 24,173 24,733 24,173 25,378 22,655
Sold Price US$M
DWT
Failed Sale
Sold May - 10 Built
Vessel
Sold Mar - 10 Built
Vessel
Sold Price US$M
DWT
1980
Sea Power
2.5
23,878
1981
Starhill
2.2
21,310
1999
Clipper Sentosa
13.8
20,742
Handy (20 - 25,999 Dwt) Sold May - 10
Failed Sale
Sold Jun - 10
Sold Jul- 10
Sold Aug - 10
1995
2000
Year Built
2005
2010
2015
Handysize 27 - 39,999 DWT Sold Aug - 10
Sold Jul - 10
Built
Vessel
Sold Price US$M
DWT
1985
Island of luck
7.0
26,541 Enbloc sale: to bulgarian byers(navibulgar
Built
Vessel
Sold Price US$M
DWT
2010
Jin Glory
30.0
33,300
2010
Jin Orient
30.0
33,300
1995
Avalon
14.5
27,917
1984
S1 Moon
5.5
27,468
DWT 30,900 26,384 38,023 28,510 30,109 27,797 32,029 28,442 32,688 32,688 32,688 32,688 32,500 32,000 32,500 32,500
2011
Federal Pearl
27.0
29,800
2011
Federal Yangtze
27.0
29,800
2009
Ushuaia
30.0
35,500
2010
Cordoba
31.0
37,852
1984
Niebla
9.5
38,830
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
1982
Arcadia Progress
5.7
39,338
1981
Larisa
4.3 4.3
Enbloc sale: to bulgarian byers(navibulgar)
Sold Jun - 10
Sold May - 10
1984
Pagona H
7.5
30,898
1983
Nosco Peace
1987
ocean Success
13.0
38,455
1983
Siam Pearl
7.5
1998
Royal Forest
20.3
31,770
Failed sale
1994
Kanda Kawajiri
15.8
2000
Fadelsia
25.0
31,651
Dely in Q4-10, Nov-10
1998
Fortune Express
21.0
2004
Great Chance
26.2
28,701
1999
Atlantic Laurel
21.5
2005
Port Star
28.5
31,921
2007
Palawan
28.0
2008
Xin Dong Guan 6
23.5
33,076
2009
Tri Arrows
29.5
2009
JBU Mistral
23.0
29,130
2009
Nord Mumbai
27.5
2009
Handy Wind
32.8
34,408
2009
Nord Shanghai
27.5
2010
Handy Cove
33.5
35,000
2010
Nord Hong kong
27.5
2010
Handy Bay
33.5
35,000
2010
Nord Vancouver
27.0
2010
N/B RESALE HULL H4009
33.4
35,000
2010
NB Resale Hull 432-0603
24.5
2010
N/B RESALE HULL H4011
33.4
35,000
2010
NB Resale
25.0
2010
N/B RESALE HULL H4016
33.4
35,000
2010
N/B Resale Hull 109
27.5
2011
N/B RESALE HULL H4015
33.0
35,000
2010
N/B Resale Hull 110
27.5
2011
N/B RESALE HULL H4019
33.0
35,000
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1983
Ocean Ranger
5.5
32,409
1980
Tolmi
2.7
27,476
1983
Constantinos G
7.3
37,940
1981
East Sunrise Taizhou
2.2
37,687
1984
Steel Glory
9.0
39,345
1981
Nipha Naree
2.2
33,024
1984
Artemis
7.0
28,082
1981
CS Montrose
2.2
21,310
1985
Sosna
7.5
26,530
1984
Ocean Leader
5.9
28,097
1985
Golden
7.2
38,099
1984
Armelle
5.3
26,616
1985
BJ Queen
7.3
26,587
1984
Costis
5.7
29,112
1987
Maritime Alliance
10.0
36,639
1996
Queen Asia
15.8
28,350
1994
Rubin Pearl
15.0
26,472
1997
Darya Sur
18.0
29,892
1997
Hanjin Penang
18.0
27,365
1998
Ocean Beauty
17.7
28,666
2000
C. S. Star
20.0
32,874
2000
Sunny Royal
19.3
28,407
2002
Moon River
24.7
28,494
2001
Clipper Lake
19.0
28,492
2002
Patriarch
23.0
31,842
2003
Pos Auck Land
20.6
28,678
2002
Patriot
24.0
31,838
2003
Silvrettal/Silvaplana
23.0
29,721
2003
Parat
24.0
31,829
2004
UBC Stavanger
23.6
31,751
2004
Patent
25.0
31,818
2004
Pos Brave
22.2
28,657
2005
Canpotex Redemption
27.5
32,739
2007
Nord Rio
26.0
31,883
2008
Padre
29.0
32,029
2007
Palawan
28.0
32,029
2010
Shanhaiguan 030
27.0
29,800
2008
Ince Marmara
25.5
28,352
2010
Salta
27.0
37,500
2009
Pax
30.0
32,047
2010
Eastwind York
27.0
29,800
2010
Hedwig
28.0
28,050
2010
Eastwind yates
27.0
29,800
sale to 50% partner
Long term TC to Cargill
(3+2)units, Long term TC to Cargill
Sold Apr - 10
Sold Mar - 10
Handysize 26-31,999 DWT Sold Aug - 10 Built
Vessel
Sold Price US$M
DWT
1985
Island of luck
7.0
26,541
2011
Federal Pearl
27.0
29,800
2011
Federal Yangtze
27.0
29,800
Built
Vessel
Sold Price US$M
DWT
Enbloc sale: to bulgarian buyers (navibulgar)
Sold Jun - 10 1984
Pagona H
7.5
30,898
1998
Royal Forest
20.3
31,770
2000
Fadelsia
25.0
31,651
2004
Great Chance
26.2
28,701
2005
Port Star
28.5
31,921
2009
JBU Mistral
23.0
29,130
Failed Sale Dely in Q4-10, Nov-10
sale to 50% partner
Sold Apr - 10 Built
Vessel
Sold Price US$M
DWT
1984
Artemis
7.0
28,082
1985
Sosna
7.5
26,530
1985
BJ Queen
7.3
26,587
1994
Rubin Pearl
15.0
26,472
1997
Hanjin Penang
18.0
27,365
2002
Moon River
24.7
28,494
2002
Patriot
24.0
31,838
2002
Patriarch
23.0
31,842
2003
Parat
24.0
31,829
2004
Patent
25.0
31,818
2010
Shanhaiguan 029
27.0
29,800
2010
Shanhaiguan 030
27.0
29,800
sale doubtful
Handy (26 Sold Mar - 10
Sold Apr - 10
Sold May - 10
Sold Mar - 10
Sold Apr - 10
Sold May - 10
35.0
30.0
25.0
P r i c e U S ' M i l
20.0
15.0
10.0 t/c till 1-2014 @ 680k/M
5.0
0.0 1975
1980
1985
1990
e 26-31,999 DWT Sold Jul - 10 Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1981
Larisa
4.3
30,900
1983
Nosco Peace
4.3
26,384
1994
Kanda Kawajiri
15.8
28,510
1998
Fortune Express
21.0
30,109
1999
Atlantic Laurel
21.5
27,797
2009
Tri Arrows
29.5
28,442
2010
NB Resale
25.0
32,000
Vessel
Sold Price US$M
DWT
1980
Tolmi
2.7
27,476
1981
CS Montrose
2.2
21,310
1984
Ocean Leader
5.9
28,097
1984
Armelle
5.3
26,616
1984
Costis
5.7
29,112
1984
Armelle
5.3
26,616
Sold May - 10
Sold Mar - 10 Built
1984
Costis
5.7
29,112
1996
Queen Asia
15.8
28,350
1997
Darya Sur
18.0
29,892
1998
Ocean Beauty
17.7
28,666
2000
Sunny Royal
19.3
28,407
2001
Clipper Lake
19.0
28,492
2003
Pos Auck Land
20.6
28,678
2003
Silvrettal/Silvaplana
23.0
29,721
2004
UBC Stavanger
23.6
31,751
2004
UBC Stavanger
23.6
31,751
2004
Pos Brave
22.2
28,657
2007
Nord Rio
26.0
31,883
2008
Ince Marmara
25.5
28,352
2010
Hedwig
28.0
28,050
2010
Eastwind York
27.0
29,800
2010
Eastwind yates
27.0
29,800
Handy (26 - 31,999 Dwt) Sold May - 10
Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
Sold May - 10
Sold Jun - 10
Sold Jul - 10
sale doubtful
Sold Aug - 10
sale doubtful sale doubtful
T/C till 8-2012 @680k/m
1990
1995
Year Built
2000
2005
Sold Aug - 10
Sold Aug - 10
2010
Handysize 32-39,999 DWT Sold Aug - 10 Built
Vessel
Sold Price US$M
DWT
1982
Golden 9
5.0
38,101
1984
Niebla
9.5
38,830
2009
Ushuaia
30.0
35,500
2010
Cordoba
31.0
37,852
2010
Aoli 2 / Zhejiang Aoli
26.5
35,000
Sold Price US$M
DWT
Enbloc sale: to bulgarian buyers (navibulgar)
Sold Jun - 10 Built
Vessel
1982
Arcadia Progress
5.7
39,338
1987
Ocean Success
13.0
38,455
2008
Xin Dong Guan 6
23.5
33,076
2009
Handy Wind
32.8
34,408
2010
Handy Cove
33.5
35,000
2010
Handy Bay
33.5
35,000
2010
N/B RESALE HULL H4009
33.4
35,000
2010
N/B RESALE HULL H4011
33.4
35,000
2010
N/B RESALE HULL H4016
33.4
35,000
2011
N/B RESALE HULL H4015
33.0
35,000
2011
N/B RESALE HULL H4019
33.0
35,000
Long term TC to Cargill
(3+2)units, Long term TC to Cargill
Sold April - 10 Built
Vessel
Sold Price US$M
DWT
1983
Ocean Ranger
5.5
32,409
1983
Constantinos G
7.3
37,940
1984
Steel Glory
9.0
39,345
1985
Golden
7.2
38,099
1987
Maritime Alliance
10.0
36,639
2000
C. S. Star
20.0
32,874
2005
Canpotex Redemption
27.5
32,739
2008
Padre
29.0
32,029
2010
Salta
27.0
37,500
sale doubtful
Handy (32 Sold Mar - 10 40.0
Sold April - 10
Sold May - 10
35.0
30.0
P r i c e
25.0
20.0
U S ' M i l
15.0 L/T TC to Cargil
10.0
5.0
0.0 1975
1980
1985
1990
39,999 DWT Sold Jul - 10 Built
Vessel
Sold Price US$M
DWT
Sold May - 10 Built
Vessel
Sold Price US$M
DWT
1983 2007
Siam Pearl
7.5
38,023
Palawan
28.0
32,029
2009
Nord Mumbai
27.5
32,688
2009
Nord Shanghai
27.5
32,688
2010
NB Resale Hull 432-0603
24.5
32,500
2010
Nord Hong kong
27.5
32,688
2010
Nord Vancouver
27.0
32,688
2010
NB Resale Hull 432-0603
24.5
32,500
2010
N/B Resale Hull 109
27.5
32,500
2010
N/B Resale Hull 110
27.5
32,500 32,500
Sold Mar - 10 Built
Vessel
Sold Price US$M
DWT
1981
East Sunrise Taizhou
2.2
37,687
1981
Nipha Naree
2.2
33,024
2007
Palawan
28.0
32,029
2009
Pax
30.0
32,047
Handy (32 - 39,999 Dwt) Sold May - 10
Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
(3+2)units, with L/T TC to cargill
(3+2)units, with L/T TC to cargill
sale doubtful
1995
Year Built
2000
2005
2010
2015
Handymax 40 - 59,999 DWT Sold Aug - 10
Sold Jul - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1986
Tassos N
12.0
41,343
1984
Smooth Rise 1
9.2
41,061
2003
New orion
29.0
52,191
1995
Clean Seas
22.5
46,640
2009
Bao Wealth
33.5
56,836
2000
Tamarugal
24.8
46,709
2009
Bao Success
33.5
56,919
2010
2x 57k XIAMEN NB Resale
33.0
57,000
2010
Qu Shan Hai
36.0
57,000
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1986
John GR
10.2
41,938
1984
Med Integrity
6.0
43,381
1984
Da Fu Star
8.2
41,093
1985
Jin Ace
11.2
43,184
1995
Griffon
22.0
46,635
1986
Zamrud
9.0
41,630
1995
Griffon
22.0
46,635
Enbloc to European buyers
Sold Jun - 10
Sold May - 10
TC til Mar2012 @ rgn 18,000 pd
1994
Eleoussa
21.7
44,950
1998
Barra
23.0
42,648
2001
Basic Arrow
27.5
48,907
2001
Sky Angel
29.0
52,549
2006
Sunny Glory
35.0
56,057
2007
Delvina
31.0
53,629
1999
Western Seattle
25.0
45,630
2008
Sunray
36.0
57,000
2007
Cake
32.0
53,350
2010
Teo
34.5
57,000
2009
NB Resale Hull
32.5
58,000
2011
N/B RESALE HULL
38.8
56,000
2009
NB Resale Hull
32.5
58,000
2011
D'ALESIO NB RESALE
38.8
56,000
2004
Messidor
28.0
55,317
2005
Dalior
29.5
55,257
2007
Thermidor
32.0
53,500
2009
Fructidor
34.0
53,100
2009
Angor
34.0
53,100
2009
Nantor
34.0
53,416
2009
Tabor
34.5
57,970
2009
Major
34.5
57,970
2009
Molitor
34.5
58,000
2010
Stentor
36.0
58,000
2010
Sefor
36.0
57,970
2010
Tenor
36.0
58,000
2010
Metador
36.0
58,000
2010
Pearlor
36.0
58,000
2011 YANGZHOU DAYANG N/B RESALE
35.0
57,970
2011 YANGZHOU DAYANG N/B RESALE
35.0
57,970
Failed sale
Failed sale
Enbloc sale to Genco
Sold Apr - 10
Sold Mar - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1984
Benarita
8.8
40,688
1978
Camel
3.6
44,747
1985
Desert Trader
10.5
42,294
1984
Karadeniz Powership Dogen Bay
8.3
41,535
1988
Agios Nektarios
8.0
52,540
1986
ZSQ Star
7.5
45,470
1990
Velebit
13.3
42,249
1990
Stellar Mermaid
10.7
48,821
1990
Med Trust
11.3
48,320
1993
Thia Matina
13.5
52,580
1994
Arctic Trader
17.0
48,170
1994
SJN Intrepid
18.5
43,648
1996
Noni
18.8
44,377
1996
Mathios
20.0
46,678
1997
Aristea M
21.7
45,584
1999
Ken Gallant
22.0
48,913
1998
Barra
21.0
42,648
2009
Theresa Shandong
32.8
56,854
2010
Ida Selmer
33.8
57,000
2010
Helga Selmer
32.1
57,000
2010
Theresa Guandong
32.8
57,000
2010
NB Resale
33.8
57,000
2012
NB Resale
31.8
55,000
1983
ALIOS
9.3
49,675
With ss completed
sale includes t/c attached till oct 2010 at $12750/day.
with tc attached unitl mar/2012 at rgn 18,000 per day.
Handymax (40 - 59,999 DWT) Sold Mar - 10
Sold Apr - 10
Sold May - 10
Sold Jun - 10
Sold Jul - 10
45.0
40.0
TC @ usd 20000pd 35.0
P R 30.0 I C E
Failed Sale
Failed Sale
Panamax 60 - 99,999 DWT Sold Aug - 10 Built
Sold J
Vessel
Sold PriceUS$M
DWT
Built
1995
Seaflower
24.5
69,128
1980
2001
Rosalia D'amato
30.0
74,716
1984 1990 1995 2000 2010 1985
Sold Jun - 10
Sold M
Built
Vessel
Sold PriceUS$M
DWT
Built
1982
Swift-Fortune
6.7
71,240
1985
1985
MP Panamax 2
11.0
75,426
1987
1995
Trenton
26.1
71,119
1997
Piro
27.0
73,726
1997
Beilun Seal
28.8
69,614
1995
1997
Beilun Whale
28.8
69,638
2009
2000
Hermes Island
34.5
75,615
2000
YK Sentosa
32.0
73,625
2005
CMB Italia
40.2
76,620
2010
Jin Empire
41.0
79,800
2010
Jin Star
41.0
79,800
1989 Failed Sale
1993
Failed Sale
Sold Apr - 10 Built 1983 1983 1989 1994 1996 1999 2001 2002 2003 2009
Sold M
Vessel
Sold PriceUS$M
Alios Pioneer Sky Cemtex Leader Maja Vestida Peoria Xanadu Arabella Marigo P Filomena L Iorana
9.3 9.1 13.0 20.2 22.5 32.5 34.0 36.2 35.0 41.0
DWT 49,675 81,659 66,647 70,213 70,293 72,270 75,563 73,180 76,602 75,151
Built 1980 1985 1993 1997 1998 1998 1998 1999 2002 2004 2004 2004 2006 2007 2007 2007 2008
Panamax (60 Sold Mar - 10
Sold Apr - 10
Sold May - 10
50.0
45.0
40.0
P R I C E S
35.0
30.0 failed sale
U S D ' M I L L
25.0
20.0
15.0
10.0
5.0
0.0 1980
1985
1990
3 enbloc vsls: incl tc @ 9.3k PD till sep-11, incl tc @ 9.4k PD till jun-11, incl tc @ 11k PD till mar-11
1995
Year
99,999 DWT Sold Jul - 10 Vessel
Sold PriceUS$M
DWT
Iolcos Triumph
7.8
80,170
Four Earth
9.4
75,864
Yun Tong Hai
19.1
68,788
Ocean Prelude
22
68,541
YK Sentosa
31.5
73,625
2x 74.9k Panamax(Sasebo)resales
45.2
74,997
Good Season
10.5
74,905
Sold May - 10 Vessel
Sold PriceUS$M
DWT
Koyo Maru
11.0
86,690
Amphion
14.2
64,442
Pb Phoenix
16.0
97,161
Hellenic Breeze
21.8
69,601
Paiute
23.5
69,183
Gemini S
43.0
75,000
Sold Mar - 10 Vessel
Sold PriceUS$M
DWT
Theodoros P
4.7
64,954
Glory Guangzhou
11.5
64,975
Transgiant
23.0
71,665
Makiki
27.0
73,049
Basis ss/dd just passed.
Catriena
27.5
73,829
Sumitomo H.I
27.5
73,829
Bahia Blanca
27.8
74,043
Ken Gallant
22.7
65,077
Africana
28.5
75,592
Betis
32.0
76,801
including tc at usd 9,300 per day until september 2011.
Belo Horizonte
32.0
76,801
including tc at usd 9,400 per day until june 2011. including tc at usd 11,000 per day until march 2011.
Bahia
32.0
76,801
Pearl Seas
38.0
74,483
F. D. Salvatore Poll
38.0
74,405
F. D. Cris De Angelis
38.0
74,408
Peruvian Express
44.0
82,655
at 4-5 yrs tc @ $21,000.
Philippine Express
44.0
82,509
with 4-5yrs tc @ $21,000.
Panamax (60 - 99,999 DWT) Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
enbloc sale, each vsl incl 4-5yrs TC @ $21k
failed sale
3 enbloc vsls
failed sale
2000
Year Built
2005
2010
2015
*Data Labels on graph* Month (in 2010)
Mar
June
per day until september 2011. per day until june 2011.
0 per day until march 2011.
Vessel name(s)
Year built
Dwt
Price
Betis
2004
76801
32
Belo Horizonte
2004
76801
32
Bahia
2004
76801
32
Peruvian Express
2007
82655
44
Philippine Express
2008
82509
44
Glory Guangzhou
1985
64975
11.5
Piro
1997
73726
27
Yk Sentosa
2000
73625
32
*Data Labels on graph* Data label(s) added to the point incl tc at usd 9,300 per day til sept-2011. incl tc at usd 9,400 per day til jun-2011. incl tc at usd 11,000 per day til mar-2011. at 4-5 yrs tc @ $21,000. with 4-5yrs tc @ $21,000. failed sale failed sale
Enbloc sale
Buyers
Capesize >100,000 DWT Sold Aug - 10
So
Built
Vessel
Sold PriceUS$M
DWT
Built
1986
Princess Katherine
10.4
164,100
1994
1992
Bulk Leher
19.6
149,532
2011
1996
Sanko Spark
25.0
150,961
2011 2009
Sold Jun - 10 Built
Sol
Vessel
Sold PriceUS$M
DWT
Built
1985
Hebei Tiger
13.0
179,836
1986
1987
Glory Singapore
15.0
148,982
1987
1992
China Fortune
20.8
152,011
1996
1991
CHS Star
19.7
150,149
2009
Caecilie Bulker
71.0
179,362
2010
Resale Golden Future
72.0
176,000
2011
Resale Sungdong 1073
54.0
180,000
Failed sale
sale includes 10yr t/c at $24,674/day
Sold Apr - 10
Sol
Built
Vessel
Sold PriceUS$M
DWT
Built
1985
Jeneo Eagle
12.0
170,603
1981
1985
Hebei Eagle
12.0
170,603
1987
1988
Kazusa
22.0
227,183
1996
1995
Cape Jacaranda
34.0
183,863
2000
2010
New Times NB
62.0
176,000
2004 2005 2010 2010 1981 2005 2009 2010
Capesize (>100,000 DWT)
Capesize (>100,000 DWT) Sold Mar - 10
Sold Apr - 10
Sold May - 10
120.0
100.0
P R I C E S U S D ' M I L L
80.0
60.0
40.0
20.0
0.0 1975
1980
1985
1990
1995
0 DWT Sold Jul - 10 Vessel
Sold PriceUS$M
DWT
Rubin Crane
24.0
154,310
Hyundai Gunsan 2313
61.6
179,500
Hyundai Gunsan 2314
61.6
179,500
Caecilie Bulker
66.5
179,362
Vessel
Sold PriceUS$M
DWT
Silver Constellation
10.5
146,351
Docecape
10.5
151,852
Rubin Ace
29.0
151,279
Enbloc Sale, incl 10yr t/c @ $27k (dely:within sep-11)
Sold May - 10
Sold Mar - 10 Vessel
Sold PriceUS$M
DWT
North King
7.7
127,907
Apollo Star
11.6
188,334
Cape Olive
29.0
169,963
Nord-Kraft
42.5
171,199
Sea Victory
60.0
180,310
Mineral Capeasia
54.5
174,101
SWS Resale
72.1
177,000
SWS Resale
73.0
177,000
Dura
7.1
105,496
China Venture
54.5
175,000
Navios Aurora II
110.0
169,031
Capesize Resale
62.0
180,000
ize (>100,000 DWT)
tc usd 41,000 per day until 2019(internal sale)
ize (>100,000 DWT) Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
tc usd 41,000 per day until 2019(internal sale)
failed sale incl 10yr tc @ $27k PD incl. 10 yr tc @ $24,674 PD
1995
2000
Year Built
2005
2010
2015
*Data Labels on graph*
Month (in 2010)
Vessel name(s)
Year built
Dwt
Price
March
Navios Aurora II
2009
169,031
110.0
June
Caecilie Bulker
2009
179,362
71.0
Resale Sungdong 1073
2011
180,000
54.0
Hyundai Gunsan 2313
2011
179,500
61.6
Hyundai Gunsan 2314
2011
179,500
61.6
Jul
Labels on graph*
Data label(s) added to the point tc usd 41,000 per day until 2019(internal sale). failed sale sale incl 10yr tc at $24,674 PD incl 10yr t/c @ $27k (dely:within sep-11)
Enbloc sale
Buyers
Vessel
Sold Price US$M
DWT
1998
Active
11.8
12,974
1999
Accurate
11.8
13,347
2002
Mining star
14.5
18,721
2007
Os sunshine
5.8
15,968
To clients of Essar
Sold Jun - 10 Built
Vessel
Sold Price US$M
DWT
1999
Siam Emerald
8.2
10,122
Sold Price US$M
DWT
Sold Apr - 10 Built
Vessel
Handysize (10 Sold Mar - 10 20.0
18.0
16.0
P 14.0 R I C 12.0 E S U 10.0 S D ' 8.0 M I L
Sold Apr - 10
Sold May - 10
I L L
6.0
4.0 self disch
2.0
0.0 1980
1985
1990
1995
19,999 DWT Sold Jul - 10 Built
Vessel
Sold Price US$M
DWT
1979
Hakki Deval
2.5
15,775
1980
Serra Deval
2.5
15,786
Sold May - 10 Built
Vessel
Sold Price US$M
DWT
1987
A.V.Kastner
3.5
19,075
Self disch
Sold Mar - 10 Built
Vessel
Sold Price US$M
DWT
1982
African Trader
1.9
11,243
1986
Adamastos
4.7
17,792
2005
Eastern Grace
17.5
18,849
2005
Western Grace
17.5
18,828
Handysize (10 - 20,000 DWT) Sold May - 10
Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
1995
2000
Year Built
2005
2010
2015
Month (in 2010)
Vessel name(s)
May
A.V.Kastner
Aug
Active Accurate
2015
*Data Labels on graph* Vessel name(s)
Year built
Dwt
Price
Data label(s) added to the point
A.V.Kastner
1987
19075
3.5
self disch
Active
1998
12974
11.8
Accurate
1999
13347
11.8
Enbloc sale
Buyers
clients of essar
Handysize 20 - 40,000 DWT Sold Aug - 10
Sold Jul - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1982
Golden 9
5.0
38,101
1981
Nelson
2.5
22,655
1983
Vinashin-5
2.3
21,340
1982
Fu Wang
2.5
21,317
1984
Niebla
9.5
38,830
1982
Seaforce Marianna
2.1
24,733
1985
Island of luck
7.0
26,541
1984
S1 Moon
5.5
27,468
2009
Ushuaia
30.0
35,500
1995
Bright Coral
14.5
24,173
2010
Cordoba
31.0
37,852
Enbloc sale: to bulgarian byers(navibulgar
1995
Avalon
14.5
27,917
Failed Sale
2011
Federal Pearl
27.0
29,800
1995
Bright Coral
14.5
24,173
Failed Sale
2011
Federal Yangtze
27.0
29,800
Enbloc sale: to bulgarian byers(navibulgar)
1996
Santa Christina
16.5
25,378
2010
Aoli 2 / Zhejiang Aoli
26.5
35,000
2010
Jin Glory
30.0
33,300
2010
Jin Orient
30.0
33,300
Sold June - 10
Sold May - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1982
Arcadia Progress
5.7
39,338
1981
Larisa
4.3
30,900
1982
Savannah Belle
2.9
22,558
1983
Nosco Peace
4.3
26,384
1984
Pagona H
7.5
30,898
1983
Siam Pearl
7.5
38,023
1987
ocean Success
13.0
38,455
1994
Kanda Kawajiri
15.8
28,510
1998
Royal Forest
20.3
31,770
Failed sale
1998
Fortune Express
21.0
30,109
2000
Fadelsia
25.0
31,651
Dely in Q4-10, Nov-10
1999
Atlantic Laurel
21.5
27,797
2004
Great Chance
26.2
28,701
2007
Palawan
28.0
32,029
2005
Port Star
28.5
31,921
2009
Nord Mumbai
27.5
32,688
2008
Xin Dong Guan 6
23.5
33,076
2009
Nord Shanghai
27.5
32,688
2009
JBU Mistral
23.0
29,130
2009
Tri Arrows
29.5
28,442
2009
Handy Wind
32.8
34,408
2010
NB Resale Hull 432-0603
24.5
32,500
2010
Handy Cove
33.5
35,000
2010
NB Resale
25.0
32,000
2010
Handy Bay
33.5
35,000
2010
Nord Hong kong
27.5
32,688
2010
N/B RESALE HULL H4009
33.4
35,000
2010
Nord Vancouver
27.0
32,688
2010
N/B RESALE HULL H4011
33.4
35,000
2010
N/B Resale Hull 109
27.5
32,500
2010
N/B RESALE HULL H4016
33.4
35,000
2010
N/B Resale Hull 110
27.5
32,500
2011
N/B RESALE HULL H4015
33.0
35,000
2011
N/B RESALE HULL H4019
33.0
35,000
Sold Apr - 10
Sale to 50% partner
Long term TC to Cargill
(3+2)units, Long term TC to Cargill
Sold Mar - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1983
Ocean Ranger
5.5
32,409
1977
Ocean Beauty
17.2
24,740
1984
Vitafaith
5.2
23,258
1980
Sea Power
2.5
23,878
1985
Sosna
7.5
26,530
1980
Tolmi
2.7
27,476
1985
Golden
7.2
38,099
1981
Starhill
2.2
21,310
1987
Maritime Alliance
10.0
36,639
1981
East Sunrise Taizhou
2.2
37,687
1997
Hanjin Penang
18.0
27,365
1981
Nipha Naree
2.2
33,024
2002
Patriarch
23.0
31,842
1981
CS Montrose
2.2
21,310
2002
Patriot
24.0
31,838
1984
Ocean Leader
5.9
28,097
2003
Parat
24.0
31,829
Sale doubtful
1984
Armelle
5.3
26,616
2004
Patent
25.0
31,818
Sale doubtful
1984
Costis
5.7
29,112
2008
Padre
29.0
32,029
Sale doubtful
1996
Queen Asia
15.8
28,350
2010
Shanhaiguan 029
27.0
29,800
1997
Darya Sur
18.0
29,892
2010
Shanhaiguan 030
27.0
29,800
1998
Ocean Beauty
17.7
28,666
1999
Clipper Sentosa
13.8
20,742
2000
Sunny Royal
19.3
28,407
2001
Clipper Lake
19.0
28,492
2003
Pos Auck Land
20.6
28,678
2003
Silvrettal/Silvaplana
23.0
29,721
2004
UBC Stavanger
23.6
31,751
2004
Pos Brave
22.2
28,657
2007
Nord Rio
26.0
31,883
2007
Palawan
28.0
32,029
2008
Ince Marmara
25.5
28,352
2009
Pax
30.0
32,047
2010
Hedwig
28.0
28,050
2010
Eastwind yates
27.0
29,800
2010
Eastwind York
27.0
29,800
Sale doubtful
Failed sale
Handysize (20 - 39,999 DWT) 40.0
35.0
Sold Mar - 10
Sold Apr - 10
Sold May - 10
Sold June - 10
Sold Jul - 10
30.0
P R I 25.0 C E S
3 vsls Sale doubtful
Dely in Q4-10, Nov-10
U 20.0 S D ' M I 15.0 L L
10.0
5.0
0.0 1975
1980
1985
1990
1995
Year Built
2000
*Data Labels on graph* Month (in 2010)
Vessel name(s)
Year built
Dwt
Price
Data label(s) added to the point
Mar
Ince Marmara
2008
28352
25.5
failed sale
Patriarch
2002
31842
Parat
2003
31829
Patent
2004
31818
April
June
Jul
Aug
3 vsls sale doubtful
Padre
2008
32029
Royal Forest
1998
31770
20.3
sale doubtful failed sale
Fadelsia
2000
31651
25
Dely in Q4-10, Nov-10 sale to 50% partner
JBU Mistral
2009
29130
23
Handy Wind
2009
34408
32.8
Handy Cove
2010
35000
33.5
Long term TC to Cargill
Avalon
1995
27917
14.5
failed sale
Bright Coral
1995
24173
14.5
failed sale Enbloc sale: to bulgarian buyers Enbloc sale: to bulgarian byers(navibulgar Enbloc sale: to bulgarian byers(navibulgar
Ushuaia
2009
35500
30
Cordoba
2010
37852
31
Federal Pearl
2011
29800
27
Federal Yangtze
2011
29800
27
Enbloc sale
Buyers
Sold Jul - 10
Sold Aug - 10
Long term TC to Cargill
Long term TC to Cargill (3+2)units with L/T TC to Cargill
Failed Sale sale doubtful
3 vsls Sale doubtful
Sale 50% to partner
2005
2010
2015
Handysize 20-25,999 DWT Sold Aug - 10 Built
Vessel
Sold Price US$M
DWT
1983
Vinashin-5
2.3
21,340
Sold Jun - 10 Built
Vessel
Sold Price US$M
DWT
1982
Savannah Belle
2.9
22,558
Sold Apr - 10 Built
Vessel
Sold Price US$M
DWT
1984
Vitafaith
5.2
23,258
Handy (20 Sold Mar - 10
Sold Apr - 10
Sold May - 10
18.0
16.0
Failed Sale 14.0
P r i c e
12.0
10.0
U S ' M i l
8.0
6.0
4.0
2.0
0.0 1980
1985
1990
1995
25,999 DWT Sold Jul- 10 Built
Vessel
Sold Price US$M
DWT
1982 1995 1982 1995 1996 1981
Fu Wang Bright Coral Seaforce Marianna Bright Coral Santa Christina Nelson
2.5 14.5 2.1 14.5 16.5 2.5
21,317 24,173 24,733 24,173 25,378 22,655
Sold Price US$M
DWT
Failed Sale
Sold May - 10 Built
Vessel
Sold Mar - 10 Built
Vessel
Sold Price US$M
DWT
1980
Sea Power
2.5
23,878
1981
Starhill
2.2
21,310
1999
Clipper Sentosa
13.8
20,742
Handy (20 - 25,999 Dwt) Sold May - 10
Failed Sale
Sold Jun - 10
Sold Jul- 10
Sold Aug - 10
1995
2000
Year Built
2005
2010
2015
Handysize 27 - 39,999 DWT Sold Aug - 10
Sold Jul - 10
Built
Vessel
Sold Price US$M
DWT
1985
Island of luck
7.0
26,541 Enbloc sale: to bulgarian byers(navibulgar
Built
Vessel
Sold Price US$M
DWT
2010
Jin Glory
30.0
33,300
2010
Jin Orient
30.0
33,300
1995
Avalon
14.5
27,917
1984
S1 Moon
5.5
27,468
DWT 30,900 26,384 38,023 28,510 30,109 27,797 32,029 28,442 32,688 32,688 32,688 32,688 32,500 32,000 32,500 32,500
2011
Federal Pearl
27.0
29,800
2011
Federal Yangtze
27.0
29,800
2009
Ushuaia
30.0
35,500
2010
Cordoba
31.0
37,852
1984
Niebla
9.5
38,830
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
1982
Arcadia Progress
5.7
39,338
1981
Larisa
4.3 4.3
Enbloc sale: to bulgarian byers(navibulgar)
Sold Jun - 10
Sold May - 10
1984
Pagona H
7.5
30,898
1983
Nosco Peace
1987
ocean Success
13.0
38,455
1983
Siam Pearl
7.5
1998
Royal Forest
20.3
31,770
Failed sale
1994
Kanda Kawajiri
15.8
2000
Fadelsia
25.0
31,651
Dely in Q4-10, Nov-10
1998
Fortune Express
21.0
2004
Great Chance
26.2
28,701
1999
Atlantic Laurel
21.5
2005
Port Star
28.5
31,921
2007
Palawan
28.0
2008
Xin Dong Guan 6
23.5
33,076
2009
Tri Arrows
29.5
2009
JBU Mistral
23.0
29,130
2009
Nord Mumbai
27.5
2009
Handy Wind
32.8
34,408
2009
Nord Shanghai
27.5
2010
Handy Cove
33.5
35,000
2010
Nord Hong kong
27.5
2010
Handy Bay
33.5
35,000
2010
Nord Vancouver
27.0
2010
N/B RESALE HULL H4009
33.4
35,000
2010
NB Resale Hull 432-0603
24.5
2010
N/B RESALE HULL H4011
33.4
35,000
2010
NB Resale
25.0
2010
N/B RESALE HULL H4016
33.4
35,000
2010
N/B Resale Hull 109
27.5
2011
N/B RESALE HULL H4015
33.0
35,000
2010
N/B Resale Hull 110
27.5
2011
N/B RESALE HULL H4019
33.0
35,000
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1983
Ocean Ranger
5.5
32,409
1980
Tolmi
2.7
27,476
1983
Constantinos G
7.3
37,940
1981
East Sunrise Taizhou
2.2
37,687
1984
Steel Glory
9.0
39,345
1981
Nipha Naree
2.2
33,024
1984
Artemis
7.0
28,082
1981
CS Montrose
2.2
21,310
1985
Sosna
7.5
26,530
1984
Ocean Leader
5.9
28,097
1985
Golden
7.2
38,099
1984
Armelle
5.3
26,616
1985
BJ Queen
7.3
26,587
1984
Costis
5.7
29,112
1987
Maritime Alliance
10.0
36,639
1996
Queen Asia
15.8
28,350
1994
Rubin Pearl
15.0
26,472
1997
Darya Sur
18.0
29,892
1997
Hanjin Penang
18.0
27,365
1998
Ocean Beauty
17.7
28,666
2000
C. S. Star
20.0
32,874
2000
Sunny Royal
19.3
28,407
2002
Moon River
24.7
28,494
2001
Clipper Lake
19.0
28,492
2002
Patriarch
23.0
31,842
2003
Pos Auck Land
20.6
28,678
2002
Patriot
24.0
31,838
2003
Silvrettal/Silvaplana
23.0
29,721
2003
Parat
24.0
31,829
2004
UBC Stavanger
23.6
31,751
2004
Patent
25.0
31,818
2004
Pos Brave
22.2
28,657
2005
Canpotex Redemption
27.5
32,739
2007
Nord Rio
26.0
31,883
2008
Padre
29.0
32,029
2007
Palawan
28.0
32,029
2010
Shanhaiguan 030
27.0
29,800
2008
Ince Marmara
25.5
28,352
2010
Salta
27.0
37,500
2009
Pax
30.0
32,047
2010
Eastwind York
27.0
29,800
2010
Hedwig
28.0
28,050
2010
Eastwind yates
27.0
29,800
sale to 50% partner
Long term TC to Cargill
(3+2)units, Long term TC to Cargill
Sold Apr - 10
Sold Mar - 10
Handysize 26-31,999 DWT Sold Aug - 10 Built
Vessel
Sold Price US$M
DWT
1985
Island of luck
7.0
26,541
2011
Federal Pearl
27.0
29,800
2011
Federal Yangtze
27.0
29,800
Built
Vessel
Sold Price US$M
DWT
Enbloc sale: to bulgarian buyers (navibulgar)
Sold Jun - 10 1984
Pagona H
7.5
30,898
1998
Royal Forest
20.3
31,770
2000
Fadelsia
25.0
31,651
2004
Great Chance
26.2
28,701
2005
Port Star
28.5
31,921
2009
JBU Mistral
23.0
29,130
Failed Sale Dely in Q4-10, Nov-10
sale to 50% partner
Sold Apr - 10 Built
Vessel
Sold Price US$M
DWT
1984
Artemis
7.0
28,082
1985
Sosna
7.5
26,530
1985
BJ Queen
7.3
26,587
1994
Rubin Pearl
15.0
26,472
1997
Hanjin Penang
18.0
27,365
2002
Moon River
24.7
28,494
2002
Patriot
24.0
31,838
2002
Patriarch
23.0
31,842
2003
Parat
24.0
31,829
2004
Patent
25.0
31,818
2010
Shanhaiguan 029
27.0
29,800
2010
Shanhaiguan 030
27.0
29,800
sale doubtful
Handy (26 Sold Mar - 10
Sold Apr - 10
Sold May - 10
Sold Mar - 10
Sold Apr - 10
Sold May - 10
35.0
30.0
25.0
P r i c e U S ' M i l
20.0
15.0
10.0 t/c till 1-2014 @ 680k/M
5.0
0.0 1975
1980
1985
1990
e 26-31,999 DWT Sold Jul - 10 Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1981
Larisa
4.3
30,900
1983
Nosco Peace
4.3
26,384
1994
Kanda Kawajiri
15.8
28,510
1998
Fortune Express
21.0
30,109
1999
Atlantic Laurel
21.5
27,797
2009
Tri Arrows
29.5
28,442
2010
NB Resale
25.0
32,000
Vessel
Sold Price US$M
DWT
1980
Tolmi
2.7
27,476
1981
CS Montrose
2.2
21,310
1984
Ocean Leader
5.9
28,097
1984
Armelle
5.3
26,616
1984
Costis
5.7
29,112
1984
Armelle
5.3
26,616
Sold May - 10
Sold Mar - 10 Built
1984
Costis
5.7
29,112
1996
Queen Asia
15.8
28,350
1997
Darya Sur
18.0
29,892
1998
Ocean Beauty
17.7
28,666
2000
Sunny Royal
19.3
28,407
2001
Clipper Lake
19.0
28,492
2003
Pos Auck Land
20.6
28,678
2003
Silvrettal/Silvaplana
23.0
29,721
2004
UBC Stavanger
23.6
31,751
2004
UBC Stavanger
23.6
31,751
2004
Pos Brave
22.2
28,657
2007
Nord Rio
26.0
31,883
2008
Ince Marmara
25.5
28,352
2010
Hedwig
28.0
28,050
2010
Eastwind York
27.0
29,800
2010
Eastwind yates
27.0
29,800
Handy (26 - 31,999 Dwt) Sold May - 10
Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
Sold May - 10
Sold Jun - 10
Sold Jul - 10
sale doubtful
Sold Aug - 10
sale doubtful sale doubtful
T/C till 8-2012 @680k/m
1990
1995
Year Built
2000
2005
Sold Aug - 10
Sold Aug - 10
2010
Handysize 32-39,999 DWT Sold Aug - 10 Built
Vessel
Sold Price US$M
DWT
1982
Golden 9
5.0
38,101
1984
Niebla
9.5
38,830
2009
Ushuaia
30.0
35,500
2010
Cordoba
31.0
37,852
2010
Aoli 2 / Zhejiang Aoli
26.5
35,000
Sold Price US$M
DWT
Enbloc sale: to bulgarian buyers (navibulgar)
Sold Jun - 10 Built
Vessel
1982
Arcadia Progress
5.7
39,338
1987
Ocean Success
13.0
38,455
2008
Xin Dong Guan 6
23.5
33,076
2009
Handy Wind
32.8
34,408
2010
Handy Cove
33.5
35,000
2010
Handy Bay
33.5
35,000
2010
N/B RESALE HULL H4009
33.4
35,000
2010
N/B RESALE HULL H4011
33.4
35,000
2010
N/B RESALE HULL H4016
33.4
35,000
2011
N/B RESALE HULL H4015
33.0
35,000
2011
N/B RESALE HULL H4019
33.0
35,000
Long term TC to Cargill
(3+2)units, Long term TC to Cargill
Sold April - 10 Built
Vessel
Sold Price US$M
DWT
1983
Ocean Ranger
5.5
32,409
1983
Constantinos G
7.3
37,940
1984
Steel Glory
9.0
39,345
1985
Golden
7.2
38,099
1987
Maritime Alliance
10.0
36,639
2000
C. S. Star
20.0
32,874
2005
Canpotex Redemption
27.5
32,739
2008
Padre
29.0
32,029
2010
Salta
27.0
37,500
sale doubtful
Handy (32 Sold Mar - 10 40.0
Sold April - 10
Sold May - 10
35.0
30.0
P r i c e
25.0
20.0
U S ' M i l
15.0 L/T TC to Cargil
10.0
5.0
0.0 1975
1980
1985
1990
39,999 DWT Sold Jul - 10 Built
Vessel
Sold Price US$M
DWT
Sold May - 10 Built
Vessel
Sold Price US$M
DWT
1983 2007
Siam Pearl
7.5
38,023
Palawan
28.0
32,029
2009
Nord Mumbai
27.5
32,688
2009
Nord Shanghai
27.5
32,688
2010
NB Resale Hull 432-0603
24.5
32,500
2010
Nord Hong kong
27.5
32,688
2010
Nord Vancouver
27.0
32,688
2010
NB Resale Hull 432-0603
24.5
32,500
2010
N/B Resale Hull 109
27.5
32,500
2010
N/B Resale Hull 110
27.5
32,500 32,500
Sold Mar - 10 Built
Vessel
Sold Price US$M
DWT
1981
East Sunrise Taizhou
2.2
37,687
1981
Nipha Naree
2.2
33,024
2007
Palawan
28.0
32,029
2009
Pax
30.0
32,047
Handy (32 - 39,999 Dwt) Sold May - 10
Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
(3+2)units, with L/T TC to cargill
(3+2)units, with L/T TC to cargill
sale doubtful
1995
Year Built
2000
2005
2010
2015
Handymax 40 - 59,999 DWT Sold Aug - 10
Sold Jul - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1986
Tassos N
12.0
41,343
1984
Smooth Rise 1
9.2
41,061
2003
New orion
29.0
52,191
1995
Clean Seas
22.5
46,640
2009
Bao Wealth
33.5
56,836
2000
Tamarugal
24.8
46,709
2009
Bao Success
33.5
56,919
2010
2x 57k XIAMEN NB Resale
33.0
57,000
2010
Qu Shan Hai
36.0
57,000
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1986
John GR
10.2
41,938
1984
Med Integrity
6.0
43,381
1984
Da Fu Star
8.2
41,093
1985
Jin Ace
11.2
43,184
1995
Griffon
22.0
46,635
1986
Zamrud
9.0
41,630
1995
Griffon
22.0
46,635
Enbloc to European buyers
Sold Jun - 10
Sold May - 10
TC til Mar2012 @ rgn 18,000 pd
1994
Eleoussa
21.7
44,950
1998
Barra
23.0
42,648
2001
Basic Arrow
27.5
48,907
2001
Sky Angel
29.0
52,549
2006
Sunny Glory
35.0
56,057
2007
Delvina
31.0
53,629
1999
Western Seattle
25.0
45,630
2008
Sunray
36.0
57,000
2007
Cake
32.0
53,350
2010
Teo
34.5
57,000
2009
NB Resale Hull
32.5
58,000
2011
N/B RESALE HULL
38.8
56,000
2009
NB Resale Hull
32.5
58,000
2011
D'ALESIO NB RESALE
38.8
56,000
2004
Messidor
28.0
55,317
2005
Dalior
29.5
55,257
2007
Thermidor
32.0
53,500
2009
Fructidor
34.0
53,100
2009
Angor
34.0
53,100
2009
Nantor
34.0
53,416
2009
Tabor
34.5
57,970
2009
Major
34.5
57,970
2009
Molitor
34.5
58,000
2010
Stentor
36.0
58,000
2010
Sefor
36.0
57,970
2010
Tenor
36.0
58,000
2010
Metador
36.0
58,000
2010
Pearlor
36.0
58,000
2011 YANGZHOU DAYANG N/B RESALE
35.0
57,970
2011 YANGZHOU DAYANG N/B RESALE
35.0
57,970
Failed sale
Failed sale
Enbloc sale to Genco
Sold Apr - 10
Sold Mar - 10
Built
Vessel
Sold Price US$M
DWT
Built
Vessel
Sold Price US$M
DWT
1984
Benarita
8.8
40,688
1978
Camel
3.6
44,747
1985
Desert Trader
10.5
42,294
1984
Karadeniz Powership Dogen Bay
8.3
41,535
1988
Agios Nektarios
8.0
52,540
1986
ZSQ Star
7.5
45,470
1990
Velebit
13.3
42,249
1990
Stellar Mermaid
10.7
48,821
1990
Med Trust
11.3
48,320
1993
Thia Matina
13.5
52,580
1994
Arctic Trader
17.0
48,170
1994
SJN Intrepid
18.5
43,648
1996
Noni
18.8
44,377
1996
Mathios
20.0
46,678
1997
Aristea M
21.7
45,584
1999
Ken Gallant
22.0
48,913
1998
Barra
21.0
42,648
2009
Theresa Shandong
32.8
56,854
2010
Ida Selmer
33.8
57,000
2010
Helga Selmer
32.1
57,000
2010
Theresa Guandong
32.8
57,000
2010
NB Resale
33.8
57,000
2012
NB Resale
31.8
55,000
1983
ALIOS
9.3
49,675
With ss completed
sale includes t/c attached till oct 2010 at $12750/day.
with tc attached unitl mar/2012 at rgn 18,000 per day.
Handymax (40 - 59,999 DWT) Sold Mar - 10
Sold Apr - 10
Sold May - 10
Sold Jun - 10
Sold Jul - 10
45.0
40.0
TC @ usd 20000pd 35.0
P R 30.0 I C E
Failed Sale
Failed Sale
Panamax 60 - 99,999 DWT Sold Aug - 10 Built
Sold J
Vessel
Sold PriceUS$M
DWT
Built
1995
Seaflower
24.5
69,128
1980
2001
Rosalia D'amato
30.0
74,716
1984 1990 1995 2000 2010 1985
Sold Jun - 10
Sold M
Built
Vessel
Sold PriceUS$M
DWT
Built
1982
Swift-Fortune
6.7
71,240
1985
1985
MP Panamax 2
11.0
75,426
1987
1995
Trenton
26.1
71,119
1997
Piro
27.0
73,726
1997
Beilun Seal
28.8
69,614
1995
1997
Beilun Whale
28.8
69,638
2009
2000
Hermes Island
34.5
75,615
2000
YK Sentosa
32.0
73,625
2005
CMB Italia
40.2
76,620
2010
Jin Empire
41.0
79,800
2010
Jin Star
41.0
79,800
1989 Failed Sale
1993
Failed Sale
Sold Apr - 10 Built 1983 1983 1989 1994 1996 1999 2001 2002 2003 2009
Sold M
Vessel
Sold PriceUS$M
Alios Pioneer Sky Cemtex Leader Maja Vestida Peoria Xanadu Arabella Marigo P Filomena L Iorana
9.3 9.1 13.0 20.2 22.5 32.5 34.0 36.2 35.0 41.0
DWT 49,675 81,659 66,647 70,213 70,293 72,270 75,563 73,180 76,602 75,151
Built 1980 1985 1993 1997 1998 1998 1998 1999 2002 2004 2004 2004 2006 2007 2007 2007 2008
Panamax (60 Sold Mar - 10
Sold Apr - 10
Sold May - 10
50.0
45.0
40.0
P R I C E S
35.0
30.0 failed sale
U S D ' M I L L
25.0
20.0
15.0
10.0
5.0
0.0 1980
1985
1990
3 enbloc vsls: incl tc @ 9.3k PD till sep-11, incl tc @ 9.4k PD till jun-11, incl tc @ 11k PD till mar-11
1995
Year
99,999 DWT Sold Jul - 10 Vessel
Sold PriceUS$M
DWT
Iolcos Triumph
7.8
80,170
Four Earth
9.4
75,864
Yun Tong Hai
19.1
68,788
Ocean Prelude
22
68,541
YK Sentosa
31.5
73,625
2x 74.9k Panamax(Sasebo)resales
45.2
74,997
Good Season
10.5
74,905
Sold May - 10 Vessel
Sold PriceUS$M
DWT
Koyo Maru
11.0
86,690
Amphion
14.2
64,442
Pb Phoenix
16.0
97,161
Hellenic Breeze
21.8
69,601
Paiute
23.5
69,183
Gemini S
43.0
75,000
Sold Mar - 10 Vessel
Sold PriceUS$M
DWT
Theodoros P
4.7
64,954
Glory Guangzhou
11.5
64,975
Transgiant
23.0
71,665
Makiki
27.0
73,049
Basis ss/dd just passed.
Catriena
27.5
73,829
Sumitomo H.I
27.5
73,829
Bahia Blanca
27.8
74,043
Ken Gallant
22.7
65,077
Africana
28.5
75,592
Betis
32.0
76,801
including tc at usd 9,300 per day until september 2011.
Belo Horizonte
32.0
76,801
including tc at usd 9,400 per day until june 2011. including tc at usd 11,000 per day until march 2011.
Bahia
32.0
76,801
Pearl Seas
38.0
74,483
F. D. Salvatore Poll
38.0
74,405
F. D. Cris De Angelis
38.0
74,408
Peruvian Express
44.0
82,655
at 4-5 yrs tc @ $21,000.
Philippine Express
44.0
82,509
with 4-5yrs tc @ $21,000.
Panamax (60 - 99,999 DWT) Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
enbloc sale, each vsl incl 4-5yrs TC @ $21k
failed sale
3 enbloc vsls
failed sale
2000
Year Built
2005
2010
2015
*Data Labels on graph* Month (in 2010)
Mar
June
per day until september 2011. per day until june 2011.
0 per day until march 2011.
Vessel name(s)
Year built
Dwt
Price
Betis
2004
76801
32
Belo Horizonte
2004
76801
32
Bahia
2004
76801
32
Peruvian Express
2007
82655
44
Philippine Express
2008
82509
44
Glory Guangzhou
1985
64975
11.5
Piro
1997
73726
27
Yk Sentosa
2000
73625
32
*Data Labels on graph* Data label(s) added to the point incl tc at usd 9,300 per day til sept-2011. incl tc at usd 9,400 per day til jun-2011. incl tc at usd 11,000 per day til mar-2011. at 4-5 yrs tc @ $21,000. with 4-5yrs tc @ $21,000. failed sale failed sale
Enbloc sale
Buyers
Capesize >100,000 DWT Sold Aug - 10
So
Built
Vessel
Sold PriceUS$M
DWT
Built
1986
Princess Katherine
10.4
164,100
1994
1992
Bulk Leher
19.6
149,532
2011
1996
Sanko Spark
25.0
150,961
2011 2009
Sold Jun - 10 Built
Sol
Vessel
Sold PriceUS$M
DWT
Built
1985
Hebei Tiger
13.0
179,836
1986
1987
Glory Singapore
15.0
148,982
1987
1992
China Fortune
20.8
152,011
1996
1991
CHS Star
19.7
150,149
2009
Caecilie Bulker
71.0
179,362
2010
Resale Golden Future
72.0
176,000
2011
Resale Sungdong 1073
54.0
180,000
Failed sale
sale includes 10yr t/c at $24,674/day
Sold Apr - 10
Sol
Built
Vessel
Sold PriceUS$M
DWT
Built
1985
Jeneo Eagle
12.0
170,603
1981
1985
Hebei Eagle
12.0
170,603
1987
1988
Kazusa
22.0
227,183
1996
1995
Cape Jacaranda
34.0
183,863
2000
2010
New Times NB
62.0
176,000
2004 2005 2010 2010 1981 2005 2009 2010
Capesize (>100,000 DWT)
Capesize (>100,000 DWT) Sold Mar - 10
Sold Apr - 10
Sold May - 10
120.0
100.0
P R I C E S U S D ' M I L L
80.0
60.0
40.0
20.0
0.0 1975
1980
1985
1990
1995
0 DWT Sold Jul - 10 Vessel
Sold PriceUS$M
DWT
Rubin Crane
24.0
154,310
Hyundai Gunsan 2313
61.6
179,500
Hyundai Gunsan 2314
61.6
179,500
Caecilie Bulker
66.5
179,362
Vessel
Sold PriceUS$M
DWT
Silver Constellation
10.5
146,351
Docecape
10.5
151,852
Rubin Ace
29.0
151,279
Enbloc Sale, incl 10yr t/c @ $27k (dely:within sep-11)
Sold May - 10
Sold Mar - 10 Vessel
Sold PriceUS$M
DWT
North King
7.7
127,907
Apollo Star
11.6
188,334
Cape Olive
29.0
169,963
Nord-Kraft
42.5
171,199
Sea Victory
60.0
180,310
Mineral Capeasia
54.5
174,101
SWS Resale
72.1
177,000
SWS Resale
73.0
177,000
Dura
7.1
105,496
China Venture
54.5
175,000
Navios Aurora II
110.0
169,031
Capesize Resale
62.0
180,000
ize (>100,000 DWT)
tc usd 41,000 per day until 2019(internal sale)
ize (>100,000 DWT) Sold Jun - 10
Sold Jul - 10
Sold Aug - 10
tc usd 41,000 per day until 2019(internal sale)
failed sale incl 10yr tc @ $27k PD incl. 10 yr tc @ $24,674 PD
1995
2000
Year Built
2005
2010
2015
*Data Labels on graph*
Month (in 2010)
Vessel name(s)
Year built
Dwt
Price
March
Navios Aurora II
2009
169,031
110.0
June
Caecilie Bulker
2009
179,362
71.0
Resale Sungdong 1073
2011
180,000
54.0
Hyundai Gunsan 2313
2011
179,500
61.6
Hyundai Gunsan 2314
2011
179,500
61.6
Jul
Labels on graph*
Data label(s) added to the point tc usd 41,000 per day until 2019(internal sale). failed sale sale incl 10yr tc at $24,674 PD incl 10yr t/c @ $27k (dely:within sep-11)
Enbloc sale
Buyers
