12 OCTOBER 2020

WEEK 41 S&P
Market Report

Dry BC Baltic Indices

Date BALTIC DRY INDEX BALTIC CAPE INDEX BALTIC PMX INDX BALTIC SUPRAMAX BALTIC HANDYSIZE
BDI BCI BPI BSI BHSI
This WK 1807 3296 1443 982 596
Week Ch. -264 -839 60 -16 4
Previous 2071 4135 1383 998 592

Graph

Dry BC Baltic Time Charter Weighted Average routes

CAPE 180K TES 82 K LME 74K TESS 58K HANDY 38K
Date
T/C AVE in $ T/C AVE in $ T/C AVE in $ T/C AVE in $ T/C AVE in $

This WK 27.333 12.986 11.650 10.805 10.729

Week Ch, -6960 543 543 -63 66
Prev, WK 34.293 12.443 11.107 10.868 10.663
Dry BC Time Charter Period indicative ideas (on Average)

Date CAPE 180k in $ KAMSAR 82k in $ PANAMAX 76k in $ UMAX in $ SUPRA TESS 58k $ HANDY 32k in $

SHORT 15,500 12,000 11,00 ATL13,500/PAC10,750 ATL12,500/PAC10,250 ATL10,500/PAC7,250

1-YR 14,500 11,500 10,750 ATL11,750/PAC10,750 ATL11,250/PAC10,250 ATL8,250/PAC7,250
2-YRS N/A N/A N/A N/A N/A N/A
5-YRS N/A N/A N/A N/A N/A N/A

Wet Baltic Indices & TCE Full Route plus Baltic LPG
Baltic DIRTY Baltic CLEAN VLCC SUEZMAX AFRAMAX MR ATLANTIC LPG 44000MT
Date
Tanker Index Tanker Index TCE in $ TCE in $ TCE in $ TC routes in $ MidEast-Japan Route
This WK 410 357 3.417 -77 -220 7.565 59.143
Week Ch. -18 -19 -911 -2153 -2589 -3.813 3429
Previous 428 376 4.328 2.076 2.369 11.378 55.714

BSPA as reported (5 years old vessels) BDA

Type Size Size (MT) Price in $m Sentiment Type Place LDT (LT) Price Change
$/LDT
TANKER VLCC 305000 67.554 ꜜ TANKERS SUBCON 15000 - 25000 356.6
AFRAMAX 115000 36.640 ꜜ
MR PRODUCT 51000 26.547 ꜜ CONTAINERS SUBCON 6000 - 10000 N/A N/A
BULKERS CAPESIZE 180000 32.072 ꜛ
PANAMAX 82500 21.194 ꜜ BULKERS SUBCON 7000 - 12000 354.733 -
SUPRAMAX 58328 15.260 ꜜ

Greek Listed Companies Traded in the US Stock Exchange

TICKER TITLE OF SHARE LAST TRADED CHANGE PAST WEEK MARKET CAP EPS P/E
CMRE Costamare Inc. 6.44 -0.05 6.49 796.081M -0.02 5.60
CPLP Capital Product Partners L.P. 7.11 0.14 6.97 132.41M 1.31 4.80
DAC Danaos Corporation 8.59 0.03 8.56 213.681M 6.45 1.25
DLNG Dynagas LNG Partners LP 2.61 -0.2 2.41 92.949M 0.0730 3.78
DSX Diana Shipping Inc. 1.46 -0.05 1.51 132.127M -14.820 -6.73
EGLE Eagle Bulk Shipping Inc. 17.34 -1.17 18.51 190.21M -3.88 9.76
ESEA Euroseas Ltd. 3.06 0.39 2.67 17.361M 0.3420 4.70
GASS StealthGas Inc. 2.83 -0.1 2.93 107.329M 0.3090 2.40
GLBS Globus Maritime Limited 0.14 0.03 0.11 26.567M -7.0760 -
GLOG GasLog Ltd. 2.79 -0.13 2.92 267.433M -1.8140 6.11
LPG Dorian LPG Ltd. 8.91 0.13 8.78 457.524M 2.23 5.07
NM Navios Maritime Holdings Inc. 1.87 -0.12 1.99 25.182M -19.1220 0.32
NMM Navios Maritime Partners L.P. 6.61 0.02 6.59 73.727M -6.37 1.63
PXS Pyxis Tankers Inc. 0.98 0.14 0.84 21.56M -0.3180 11.11
SB Safe Bulkers, Inc. 1.08 0.01 1.07 110.292M -0.2590 4.91
SBLK Star Bulk Carriers Corp. 6.95 -0.74 7.69 667.669M -0.13 6.44
SHIP Seanergy Maritime Holdings Corp. 0.51 0.05 0.46 34.219M -2.8190 -1.32
Tsakos Energy Navigation
TNP 7.98 -0.21 8.19 149.87M 0.81 1.85
Limited
TOPS Top Ships Inc. 1.25 0.11 1.14 50.985M -6.3430 -6.10

Carriers Chartering Corp. S.A.

Kaplanon 7 & Massalias Street, 106 80 Athens, Greece. Tel: +30-210 3668700 / Fax: +30-210 3631493 / www.carriers.gr
Email Address: snp@carriers.gr, capespmx@carriers.gr, handy@carriers.gr

1|P a g e
 S&P transactions Reported
12 OCTOBER 2020

WEEK 41 S&P
Market Report

New Building Contracts

TYPE NO SIZE YARD DEL MIL$ OWNERS COMMENTS
MPP 12 4,800 DWT ROYAL BODEWES SY 11/2021 UNDISCLOSED SCOT LINE

Second Hand Market

Bulk Carriers Reported Sold
NAME TYPE DWT BUILT YARD PRICE BUYERS COMMENTS
PACIFIC ENDURANCE BC 181.458 2011 KOYO MIHARA 19,15 INDONESIAN
ROYAL ACCORD BC 180.129 2009 IMABARI SAIJO 18,40 GREEK
MINERAL ANTWERPEN BC 172.424 2003 DAEWOO SB/ME 10,00 N.G.
MOUNDREAS
SBI CONGA BC 81.167 2015 HUDONG-ZHONGHUA 18,40 GREEK
SHIPBU
HANTON TRADER I BC 63.518 2014 HANTONG SHIP HEAVY IND 15,90 UNDISCLOSED BWTS FITTED
ASIA EMERALD III BC 57.802 2010 ZHEJIANG SHBLDG - FENG 7,80 UNDISCLOSED SS/DD DUE
ASIA EMERALD II BC 57.802 2010 ZHEJIANG SHBLDG - FENG 7,80 UNDISCLOSED SS/DD DUE
OSPREY I BC 50.206 2002 MITSUI CHIBA ICHIHARA 4,90 CHINESE
KING CORN BC 28.219 2011 WATANABE - UNDISCLOSED
INCE HAMBURG BC 28.189 2010 I-S SHIPYARD CO LTD 7,30 UNDISCLOSED

Tankers Reported Sold

NAME TYPE DWT BUILT YARD PRICE BUYERS COMMENTS
BUNGA KASTURI TIGA TANKER 300.398 2006 UNIVERSAL ARIAKE NAGAS 31,00 PERTAMINA
HUNTER LAGA TANKER 299.995 2019 DAEWOO SB/ME 84,00 ADNOC ON SUBS
HUNTER SAGA TANKER 299.995 2019 DAEWOO SB/ME 84,00 ADNOC ON SUBS
MAERSK PROGRESS TANKER 109.181 2005 DALIAN NEW 12,75 VIETNAMESE
CHAMPION PRINCESS TANKER 105.258 2012 HYUNDAI HI 26,40 GREAT EASTERN
BALTIC ADVANCE TANKER 37.332 2006 HYUNDAI MIPO 8,50 S.KOREAN
POLARIS STARDOM TANKER 12.484 2008 MIYOSHI 8,50 S. KOREAN
GOLDEN GRACE TANKER 9.516 2005 MURAKAMI HIDE 6,60 S. KOREAN
GAS JENNY GAS 49.345 1991 KAWASAKI HI SAKAIDE 13,00 UAE
TANKER

Container vessels Reported Sold

NAME TYPE DWT BUILT YARD PRICE BUYERS COMMENTS
KOTA LAGU CONTAINER 50.689 2006 DALIAN SHBLDG IND - NO 9,00 TAIWANESE 4,250 TEU

Demolition Vessels Reported Sold (prices per long ton LWT)

NAME TYPE DWT LDT BUILT YARD PRICE BUYERS COMMENTS
BERGE KIBO VLOC 289.889 37.363 1993 DAEWOO SB 375 PAKISTAN AS IS LABUAN
KT O6 BC 45.863 8.002 1994 370 BANGLADESH
HASHIHAMA
SHANTHI INDAH BC 45.681 7.440 1996 345 BANGLADESH
TADOTSU
CONTINENTAL GREEN
PCC 17.201 15.006 2001 IMABARI 347 INDIA
HIGHWAY RECYCLING
GREEN
NIPPON HIGHWAY PCC 16.827 14.146 1999 TSUNEISHI 356 INDIA
RECYCLING

Quote of the day : ‘‘Nothing is easier than self-deceit. For what a man wishes to be true, he generally believes to be true.’’’’ – Demosthenes

Carriers Chartering S&P Department

This report is performed to the best of our knowledge based on the market conditions prevailing at the time mentioned. The report relates solely to the date/place
referred tSo and we emphasize that it is a statement of information collected from various market sources. All particulars above are from information given to us
and such information as we have been able to obtain from relevant references in our possession but we can accept no responsibility and we bear no liability for any
loss or damage incurred to any persons acting upon this report.

Carriers Chartering Corp. S.A.

Kaplanon 7 & Massalias Street, 106 80 Athens, Greece. Tel: +30-210 3668700 / Fax: +30-210 3631493 / www.carriers.gr
Email Address: snp@carriers.gr, capespmx@carriers.gr, handy@carriers.gr

2|P a g e