Friday 19 July 2019 S&P SUMMARY SALES

Friday 19 July 2019

S&P SUMMARY

Weekly Spend By Country Weekly Spend By Ship Type 80.0 120.00

60.0 90.00

40.0 60.00

20.0 30.00

0.0 0.00 USA Greece China UK Denmark Unknown Russia Tanker Bulker SALES

DRY Name Type DWT Yard Built USD mill Comments VV Buyer Seller Nord Steel Capesize 180,200 Imabari 2007 17.75 Delivery Jan 2020 19.1 Minsheng Shipping Singa Star Cape Maria Capesize 170,000 Hyundai Samho 2005 13.8 13.6 Greek Alma Maritime Sunny Smile Post Panamax 95,800 Imabari 2013 21.5 20.9 Greek Kawana Kaiun Navios Primavera Supramax 53,500 Iwagi Zosen 2007 10.4 10.3 Undisclosed Navios Maritime Holdings Navios Arc Supramax 53,500 Iwagi Zosen 2003 7.2 7.6 Chinese Navios Maritime Holdings Star Gamma Supramax 53,100 Oshima 2002 7.0 7.4 Russian Star Bulk Carriers Konstantinos D Supramax 50,300 Mitsui 2000 5.3 5.7 Chinese Hellenic Shipmanagement Crane Island Handysize 32,300 Kanda 2009 8.8 Open hatch 10.5 Greek Kobe Shipping Group Island Spirit Handysize 31,900 Hakodate Dock 2013 11.25 12.4 Greek NYK Bulk & Projects Carriers Ltd

WET Name Type DWT Yard Built USD mill Comments VV Buyer Seller Cape Bari Suezmax 159,200 Hyundai HI 2005 20.0 On Subs 19.7 Ridgebury Tankers Koenig Cie Cape Bastia Suezmax 159,200 Hyundai HI 2005 20.0 On Subs 20.0 Ridgebury Tankers Koenig Cie Cape Bonny Suezmax 159,200 Hyundai HI 2005 20.0 On Subs 20.5 Ridgebury Tankers Koenig Cie Cape Brindisi Suezmax 159,200 Hyundai HI 2005 20.0 On Subs 20.7 Ridgebury Tankers Koenig Cie New Challenge LR1 74,000 New Century 2005 PNR On Subs 8.7 Chemikalien Seetransport Expedo Ship Management New Confidence LR1 73,900 New Century 2005 PNR On Subs 9.3 Chemikalien Seetransport Expedo Ship Management New Champion LR1 73,900 New Century 2005 PNR On Subs 9.2 Chemikalien Seetransport Expedo Ship Management New Century LR1 73,900 New Century 2005 PNR On Subs 8.6 Chemikalien Seetransport Expedo Ship Management Loengo LR1 73,900 New Century 2007 10.5 11.8 Danish Saragol Tankers Maersk Raleigh MR1 35,200 CSSC OME 2005 11.2 5yr TC to Royal Navy 7.8 James Fisher Shipping Maersk Tankers AS Pitanga Small Clean 17,000 Tuzla Gemi 2009 10.0 9.4 Greek Sonangol

CONTAINER Name Type TEU Yard Built USD mill Comments VV Buyer Seller Strauss Sub Panamax 2,478 Aker Ostsee 2005 8.2 8.0 Conbulk Shipping SA Borealis Finance LLC Hansa Ludwigsburg Handysize 1,740 Guangzhou Wenchong 2011 13.8 12.1 China Navigation Leonhardt and Blumberg

NEWBUILDINGS

WET Units Type DWT Yard Built USD mill Comments VV Buyer 2+2 Suezmax 158,000 Samsung 2021 62.1 64.0 Enesel SA 2 Aframax 115,000 Daehan 2021 50.0 49.4 Sun Enterprises

PERIOD

DRY Name Type DWT Yard Built Rate $/day Comments Charterer Period Xin Fa Hai Capesize 174,800 SWS 2004 18,500 Anglo American 9 Months Jin Lang Post Panamax 93,300 Jiangsu New YZJ 2010 12,500 Unknown Singaporean 9 Months Darya Gayatri Panamax 81,900 Daewoo 2012 13,000 Undisclosed 6 Months Cape Kennedy Panamax 81,400 Sungdong 2012 13,850 Al Ghurair 9 Months W Arcturus Panamax 81,300 New Times 2012 13,000 Undisclosed 9 Months Irene Madias Panamax 79,500 Jinhai 2012 12,750 Undisclosed 9 Months King Loong Panamax 77,400 Oshima 2006 12,300 NYK Line 1 Year Selina Panamax 75,700 Shanghai Jiangnan 2010 11,750 Ausca Shipping 8 Months Virgo Confidence Ultramax 63,500 Yangzhou Dayang 2017 12,000 Susesea Holdings 18 Months STH Tokyo Ultramax 60,300 JMU 2016 11,900 Undisclosed 15 Months

WET Name Type DWT Yard Built Rate $/day Comments Charterer Period Hunter Saga VLCC 300,000 Daewoo 2019 38,500 +1 yr option Koch Logistics 3 Years Euro Suezmax 157,500 Sungdong 2012 21,000 + profit share Total 2 Years Norddolphin LR2 114,000 Samsung 2017 23,000 Total 2 Years Nordmarlin LR2 114,000 Samsung 2017 23,000 Total 2 Years Bowfin LR1 75,000 Minami Nippon 2008 16,700 Alaska Tanker Company 6 Months Stena Progress Post Panamax 65,200 Brodosplit 2009 17,500 +1yr option Petrobras 2 Years Aquarius MR2 51,300 STX Offshore 2007 15,250 BP 15 Months FPMC 22 MR2 51,000 STX Offshore 2010 15,250 Clearlake 1 Year Sunny Bay MR2 50,700 SPP 2008 14,000 Clearlake 6 Months Sunny Isles MR2 50,700 SPP 2009 13,500 Trafigura Beheer BV 6 Months Horizon Armonia MR2 50,300 SPP 2008 16,300 +1yr option Petrobras 2 Years Alpine Liberty MR2 50,300 SPP 2010 14,500 Clearlake 1 Year Mariposa MR2 50,100 Onomichi Dockyard 2010 16,300 +1yr option Petrobras 2 Years Grand MR2 50,100 SPP 2008 16,200 +1yr option Petrobras 2 Years Pacific Zircon MR2 50,000 Onomichi Dockyard 2013 16,500 +1yr option Petrobras 2 Years Pacific Onyx MR2 50,000 Onomichi Dockyard 2013 16,500 +1yr option Petrobras 2 Years Anfa MR2 48,000 Iwagi Zosen 2010 16,200 +1yr option Petrobras 2 Years St James MR2 48,000 Iwagi Zosen 2010 16,200 +1yr option Petrobras 2 Years Neveska Lady MR2 46,800 3 Maj Brodogradiliste 2005 13,850 ST Shipping 6 Months Mambo MR2 46,000 Shin Kurushima 2009 16,250 +1yr option Petrobras 2 Years CB Adriatic MR2 41,000 Jiangsu New Hantong 2019 18,000 +1yr option Louis Dreyfus Armateurs 2 Years

INDICES

CHARTERING Baltic Dry 18/07/2019 11/07/2019 Up Down 5 Year High Date 5 Year Low Date Index 2,130 1,816 314 2,130 18/07/19 290 11/02/16 Capesize $ 32,219 26,705 5,514 32,219 18/07/19 485 17/03/16 Panamax $ 17,053 15,018 2,035 17,053 18/07/19 2,314 04/02/16 Supramax $ 10,979 9,897 1,082 13,138 11/10/18 2,554 11/02/16 Handysize $ 7,137 6,868 269 10,085 26/10/17 2,704 11/02/16

Baltic Wet 18/07/2019 11/07/2019 Up Down 5 Year High Date 5 Year Low Date Dirty Index 625 631 6 1,258 20/12/18 497 11/08/16 Clean Index 491 525 34 917 13/12/18 350 06/10/16

VesselsValue Indices 18/07/2019 11/07/2019 Up Down Bulker $/dwt 197.57 195.85 1.7 Container $/teu 6439.00 6445.00 6.0 Tanker $/dwt 279.27 278.08 1.2 LPG $/cbm 669.19 651.52 17.7

CURRENCIES & COMMODITIES

USD GBP EUR JPY KOR RMB 19/07/2019 1.25 1.13 107.65 1174.45 6.87 5 YR HIGH 1.71 - 21/07/14 1.35 - 21/07/14 125.63 - 08/06/15 1243.60 - 28/02/16 6.97 - 05/12/16 5 YR LOW 1.20 - 17/01/17 1.04 - 21/12/16 99.94 - 21/08/16 1012.97 - 02/09/14 6.10 - 17/11/14

19/07/2019 12/07/2019 Up Down 5 Year High Date 5 Year Low Date Light Crude 55.88 60.6 4.72 103.55 21/07/2014 27.12 12/02/2016 Gold 1,440.30 1,412.70 27.6 1,445.82 18/07/2019 1,054.18 01/12/2015 Corn 432.25 446.5 14.25 464.25 17/06/2019 331 19/08/2016 Demo $/t (tanker) 420 425 5 470 21/03/2018 245 26/02/2016 Demo $/t (bulker) 415 420 5 465 21/03/2018 230 26/02/2016 FTSE 100 7,540.05 7,528.77 11.28 7,774 18/05/2018 5,537 11/02/2016 Dow Jones 27,222.97 27,088.08 134.89 27,359 15/07/2019 15,660 11/02/2016 Nikkei 225 21,466.99 21,685.90 218.91 23,870 19/01/2018 14,533 17/10/2014 SSEC, China 2,924.20 2,930.55 6.35 5,166 12/06/2015 2,054 21/07/2014

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