L S ION

LION SHIPBROKERS
WEEKLY REPORT
WEEK 47 – 21 NOVEMBER 2014
Quote of the week:
“He conquers twice who conquers himself in victory.”
Publilius Syrus (46 BC - 29 BC) Latin writer of sententiae (brief moral sayings)
SALES
BULKERS
M/V "MULBERRY WILTON" - 76,453 dwt, blt 2004 Tsuneishi/Japan, NK, 7 HO/7 HA, MAN-B+W 7S50MC-C
Hearing sold for $14.6 mill to either Greek (clients of Silverlake) –OR- to Indonesian interests (clients of Bahtera Adhiguna)
Please note following similar recent sales for price comparison:
•
MARINA (75k dwt 2000 Hitachi) sold at/ard $11.5Mill
•
TETIEN TRADER (73k dwt 2001 Namura) sold at/ard $12.3Mill
M/V "CHANG SHENG" - 73,427 dwt, blt 1997 Hyundai/South Korea, CC, 7 HO/7 HA, B+W 5S60MC
Sold to South Korean buyers for $7 mill
(Note: Sellers bought her at auction March last year as “Ocean Glory” for $6.7 mill)
M/V "ACS DIAMOND" - 53,299 dwt, blt 2005 New Century/China, NV ss/dd due 05/2015, 5 HO/5 HA, MAN-B+W
6S50MC-C, Cr 4X36T - LDT 11,309
Sold to Greek buyers (hearing to clients of Stam Shipping –OR-- Spetses Shipping) for $10.5 mill
M/V "PAX PHOENIX" - 50,236 dwt, blt 2001 Mitsui/Japan, NK, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X30T
Sold to Singaporean buyers for $10.5 mill
(similar recent sale for price comparison: SEA ELEGANCE (51k dwt 2002 Oshima/Japan) sold at/ard $12.6mil to Greeks)
M/V "PACIFIC WIND" - 28,437 dwt, blt 2007 Shimanami/Japan, NK, 5 HO/5 HA, MAN-B+W 6S42MC, Cr 4X30.5T
Sold to Hong Kong buyers for $13 mill (Note: 3 generators)
M/V "NIKI T." - 27,827 dwt, blt 1997 Hudong/China, LR, 5 HO/5 HA, B+W 5L50MC, Cr 4X30T
Sold at auction to creditors (clients of Credit Agricole) for $4.7 mill
M/V "GLOBAL FORWARDER" - 25,008 dwt, blt 1997 Imabari/Japan, NK, 4 HO/4 HA, B+W, Cr 3X30.5T, LDT 5,808
Sold to Greek buyers for a price region $5.1 - $5.7 mill (Note: Open hatch Box-Hold)
M/V "PORTO MAINA" - 18,673 dwt, blt 2008 Yamanishi/Japan, RI, 4 HO/4 HA, MAN-B+W 7S35MC, Cr 3X30.5T
Sold to undisclosed European buyers for $8 mill
M/V "SOAVE" - 4,452 dwt, blt 1991 Sietas/Germany, BV, 2 HO/3 HA, Wartsila 9R32D, ice class 1A, gearless, bowthruster
M/V "SERENO" - 4,452 dwt, blt 1991 Sietas/Germany, BV, 2 HO/3 HA, Wartsila 9R32D, ice class 1A, gearless, bowthruster
Sold en bloc at auction in Rotterdam, Netherlands to Syrian buyers for $1.1 mill each basis ss/dd due (old sale)
CONTAINERS/MPP
M/V "E.R. YANTIAN" - 50,900 dwt, blt 2003 Samsung/S.Korea, NV, 4253 teus, 7 HO, B+W 8K90MC-C
Sold to Greek buyers for $12.5 mill
TANKERS
M/T "HIGH NEFELI" - 46,135 dwt, blt 2003 STX/South Korea, AB, 12 tanks, cap 52,148 cbm, MAN-B+W 6S50MC-C
Sold to Greek buyers (clients of Ancora Investments) for $15 mill
DEMOLITION
Bulkers:
M/V "FIRSTSEA" - LDT 7,778 - 42,842 dwt, blt 1985 Mitsubishi/Japan, RI, 5 HO/5 HA, Sulzer 6RTA58, Cr 4X25T
Demo to BANGLADESH for $452 per LDT
M/V "PHOENIX SUN" - LDT 6,940 - 29,365 dwt, blt 1987 Fincantieri/Italy, NV, 4 HO/4 HA, Sulzer 4RTA58, gearless
Demo at auction AS-IS COREL, QUEBEC, CANADA for $87 per LDT (Note: Auction took place on 10th November)
Tankers
M/T "KATERINA 1" - 66,895 dwt, blt 1992 Hyundai/S.Korea, LR, 14 tanks, cap 71,532 cbm, B+W 6L60MC
Demo to INDIA for $475 per LDT
Should you have any comments or questions about the content of our report or require our services, please contact:
LION SHIPBROKERS LIMITED, PIRAEUS
Tel: +30 210 4122965 - Fax: +30 210 4285103
Dry & Container Chartering: [email protected]
Sale & Purchase/Demolition: [email protected]
Research & Valuations
: [email protected]
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LION’S DEMOMETER (USD $ / LT)
BULKER
TANKER
CONT/TWEEN
TREND
TURKEY
COUNTRY
260-270
270-280
270-280
down
PAKISTAN
430-440
460-470
-
down
INDIA
430-440
450-455
450-455
down
BANGLADESH
430-440
450-455
445-450
down
CHINA
250-260
260-280
260-280
stable
M/T "MORICHAL" - 88,506 dwt, blt 1984 Sumitomo/Japan, 12 tanks, cap 87,198 cbm, Sulzer 5RLB90
M/T "LEANDER" - 88,506 dwt, blt 1983 Sumitomo/Japan, LR, 12 tanks, cap 87,198 cbm, Sulzer 5RLB90
M/T "PARIA" - 55,999 dwt, blt 1982 Hitachi/Japan, 10 tanks, cap 56,027 cbm, B+W 6L80GA
M/T "MORUY" - 55,919 dwt, blt 1983 Hitachi/Japan, 10 tanks, cap 58,328 cbm, B+W 6L80GFCA
M/T "YAVIRE" - 11,800 dwt, blt 1983 Wartsila/Finland, LR, cap 14,155 cbm, Sulzer 6RLB56 - LPG
M/T "PARAMACAY" - 11,800 dwt, blt 1983 Wartsila/Finland, LR, cap 14,190 cbm, Sulzer 6RLB56 - LPG
Demo 'AS IS' VENEZUELA at auction (4 Tankers + 2 LPG) for $136 per LDT
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LEGAL DISCLAIMER
This report has been produced on information collected from a variety of sources (shipbrokers' reports, market’s gossip, maritime
newspapers, maritime websites, ship agent's reports, etc…) and is given in good faith & without any guarantee. Analysis
contained in this report should not be considered as investment recommendations and is based on the current market situation at
the time of preparing this report. No market analysis can guarantee accuracy as shipping is a high risk business. While all
reasonable care has been taken in the preparation of information and analysis in this report, Lion Shipbrokers Limited does not
accept any liability whatsoever for any direct or indirect errors and omissions of fact or opinions based on such facts. Neither the
company nor its directors nor its employees shall be liable in any way for any claimed loss or damage occurred by information &
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