Page 83: of Maritime Reporter Magazine (November 1997)

MARINE FINANCE

Bunker Fuel

Monitor

A/S DAN-BUNKERING Ltd. * ARA-area = Amsterdam/Rotterdam/Antwerp

All prices are delivered FOB (Free On Board) in U.S.$

MGO = Marine Gas Oil - MD0 = Marine Diesel Oil

Above prices are indications only. For firm offer, please call Carsten Ladekjaer at: +45 64 41 54 01; or e-mail: [email protected].

A/S DAN-BUNKERING Ltd. is one of the leading bunker traders. From their offices in Middelfart and Copenhagen they arrange bunkers at competitive prices all over the world.

MIDDELFART COPENHAGEN

Tel +45 64 41 54 01 Tel +45 33 93 54 01

Fax +45 64 41 53 01 Fax +45 33 93 54 11

Tlx 58253 (BUNKER DK) Tlx (DABUNKDK)

E-mail [email protected] E-mail [email protected] http://www.dan-bunkering.dk

Recent Ship Sales

This report, compiled by Shipping Intelligence, Inc., a New York maritime consulting firm, tracks sale prices of secondhand bulk carriers and tankers. For more information, call tel: (212) 997- 0966.

Dote Vessel Vessel DWT Year Sole Price Reported Nome Type Built (M) 9/26/97 Qing Yun Ling Bulker 20,429 90 $7.1 9/19/97 Ken Sun Bulker 22,245 80 $3.2 9/26/97 Holla Pioner Bulker 22,457 83 $6.9 9/12/97 Caribbean Bulker Bulker 26,300 89 $12.5 9/26/97 Marin Trader 1 Bulker 26,679 86 $9.9 9/26/97 Anna Bulker 26,702 76 $2 9/26/97 Leopard 1 Bulker 34,584 72 $1.7 9/26/97 lolcos Legend Bulker 35,295 80 $5 9/19/97 Western Express Bulker 38,888 86 $11.5 9/12/97 Fellow Bulker 41,824 83 $8.3 9/5/97 Asian Fortune Bulker 42,964 83 $9.8 9/19/97 Soarer Adonis Bulker 43,590 84 $12.1 9/19/97 UXin Bulker 54,540 80 $3.3 9/12/97 Li Yaun Bulker 54,540 79 $3.3 9/19/97 California Bulker 60,158 82 $9.9 9/12/97 Tai Zhou Hoi Bulker 64,170 82 $10.8 9/26/97 Wen Zhou Hoi Bulker 64,170 82 $10.8 9/5/97 Madonna Lily Bulker 64,747 82 $10.6 9/12/97 Crystal Grate Bulker 64,975 86 $15.7 9/5/97 Thalia Bulker 65,164 82 $12.2 9/5/97 Gina Juliano Bulker 67,395 87 $16.8 9/5/97 World Spear Bulker 69,001 83 $11.6 9/26/97 Halla Endeavour Bulker 69,585 86 $15.8 9/19/97 Cereza Bulker 69,808 89 $18.4 9/5/97 Nephele Bulker 71,927 83 $10 9/5/97 Navolis Bulker 133,365 81 $11.2 9/26/97 Jugurtha Tanker 12,094 80 $4 9/19/97 Trader Tanker 22,305 81 $7.8 9/5/97 Thorsfreddy Tanker 29,521 80 $8.2 9/26/97 Canopus Tanker 31,309 81 $8.3 9/26/97 Lady Elisabeth Tonker 33,950 74 $5.9 9/12/97 Tasman Spirit Tanker 87,584 79 $9.8 9/12/97 Pacific Jupiter Tanker 94,995 89 $30.5 9/19/97 New Tatiana Tanker 96,550 76 $6 9/12/97 Svenner Tanker 107,000 97 $44.5 9/19/97 New Lousiana Tanker 115,831 75 $7 9/26/97 Amyndas Tanker 123,597 77 $7.5 9/19/97 Sarita Tanker 124,472 86 $30.8 9/12/97 New Nevis Tanker 138,884 75 $7.2 9/19/97 Friendship Tanker 267,589 76 $15.5 9/26/97 Fellowship Tanker 268,225 74 $15 9/5/97 Erica Tanker 298,896 95 $82.5 9/26/97 C Bright Tanker 308,500 97 $97

Index Fleet Valuation

Sept. '96 Dec. '96 March '96 June '97 Oct. '97

The Index Fleet Valuation is representative of the resale market for Bulk Carriers and Tankers as a whole. The Index Fleet consists of 15 vessels, nine Bulk Carriers and six Tankers, of various sizes and ages. Fluctuations in the value of the world fleet are mirrored in the Index Fleet. This report, compiled by Shipping Intelligence, Inc., a New York maritime consulting firm, tracks sale prices of secondhand bulk carriers and tankers. For more information, call tel: (212) 997-0966.

November, 1997 79

Singapore

Pusan

Gibraltar/Ceuta

ARA-area

Offshore Scand.

Los Angeles

New Orleans " Singapore "Pusan

S. Africa

Gibraltar/Ceuta

ARA-area " Offshore Scand. " Los Angeles "New Orleans

MGO " Singapore "Pusan

South Africa

Gibraltar/ Ceuta

ARA-area •Offshore Scand. "Los Angeles " New Orleans 16- 30- 14- 28- 11- 25-

Apr Apr May May Jun Jun 6- 20- 3- 17- 24- 1- 8- 15-

Aug Aug Sep Sep Sep Oct Oct Oct 2- 16- 30- 14- 28- 11- 25- 9- 23- 6- 20- 3- 17- 24- 1- 8- 15-

Apr Apr Apr May May Jun Jun Jul Jul Aug Aug Sep Sep Sep Oct Oct Oct 2- 16- 30- 14- 28- 11- 25-

Apr Apr Apr May May Jun Jun 23- 6- 20- 3- 17- 24- 1- 8- 15-

Jul Aug Aug Sep Sep Sep Oct Oct Oct 105 100 240 230 220

MDO

Singapore ** Pusan

South Africa

Gibraltar/ Ceuta

ARA-area

Offshore Scand.

Los Angeles

New Orleans 210 200 190 160 150 2- 16- 30- 14- 28- 11- 25-

Apr Apr Apr May May Jun Jun 23- 6- 20- 3- 17- 24- 1- 8- 15-

Jul Aug Aug Sep Sep Sep Oct Oct Oct