Page 82: of Maritime Reporter Magazine (December 1997)

MARINE FINANCE

Bunker Fuel

Monitor

A/S DAN-BUNKERING Ltd. 125 120 115 110 105 100 95 90 85 " Singapore - Pusan

S. Africa

Gibraltar/Ceuta

ARA-area • Offshore Scand. - I>os Angeles " New Orleans 125 120 115 110 105 100 95 90 85 80

Singapore "Pusan

Gibraltar/Ceuta

ARA-area -Offshore Seand. - l>os Angeles " New Orleans li-

Jun 25- 9- 23- 6- 20- 3- 17- 24- 1- 8- 15- 22- 29- 5-

Jun Jul Jul Aug Aug Sep Sep Sep Oct Oct Oct Oct Oct No 240 230 210 200 180 170 -f 160

MDO

Singapore • Pusan

South Africa

Gibraltar/ Ceuta

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

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.

Date

Reported 10/10/97 10/24/97 10/24/97 10/24/97 10/24/97 10/24/97 10/3/97 10/17/97 10/3/97 10/24/97 10/3/97 10/17/97 10/10/97 10/3/97 10/10/97 10/31/97 10/3/97 10/3/97 10/31/97 10/17/97 10/17/97 10/17/97 10/17/97 10/24/97 10/24/97 10/17/97 10/17/97 10/17/97 10/10/97 10/17/97 10/31/97 10/10/97 10/17/97 10/31/97 10/10/97

Vessel

Name

Meridian Venus

Samsun Light

Anangel Wisdom

Halla Pioneer

Pistis

Morning Orchid

Nomadic Querida

Sanko Splendour

Pylos

Andhika Madonna

Liberty Victory

Valetta

Diman

Massy Phoenix

Oriental Viking

Ocean Prize

Aleksey Danchenko

Geroi Stalingrada

Giuseppe Lembo

California

Merchant Pilot

Merchant Prelude

Maersk Sembawang

Mariann

Kvaerner

Samsun Spirit

Agia Dynamis

Merchant Pride

Yugala

Merchant Pioneer

Atlanticway

Theomitor

Viva

Hydro

Kapitan Nagonyuk

Vessel DWT Year Sale Price

Type Built (M)

Bulker 17,677 77 $1.9

Bulker 22,225 80 $4.3

Bulker 22,363 74 $1.6

Bulker 22,457 83 $6.7

Bulker 22,627 73 $1.5

Bulker 25,996 85 $8.8

Bulker 26,983 77 $4.5

Bulker 27,652 85 $9.9

Bulker 28,362 77 $3.2

Bulker 33,346 85 $10.2

Bulker 37,052 84 $10.4

Bulker 37,648 80 $4.1

Bulker 41,025 76 $3.8

Bulker 41,254 85 $13

Bulker 42,842 85 $12.6

Bulker 43,474 85 $13

Bulker 52,450 85 $7.8

Bulker 52,450 83 $6.8

Bulker 54,223 75 $3.8

Bulker 60,158 82 $11

Bulker 62,250 80 $8.5

Bulker 62,267 80 $8.5

Bulker 63,695 84 $14

Bulker 64,064 77 $5.3

Bulker 65,085 73 $2.8

Bulker 67,368 83 $11.8

Bulker 69,107 77 $6.2

Bulker 69,458 90 $22

Bulker 69,497 86 $16.3

Bulker 69,763 88 $18.5

Bulker 72,100 78 $3.8

Bulker 77,300 82 $9.4

Bulker 110,439 75 $5

Tanker 11,520 80 $9.2

Tanker 17,639 84 $6.6 —Singapore

Pusan

South Africa -— Gibraltar/ Ceuta

ARA-area

Offshore Scand.

Los Angeles "*•——" New Orleans

Index Fleet Valuation

MIDDELFART

Tel +45 64 41 54 01

Fax +45 64 41 53 01

Tlx 58253 (BUNKER DK)

E-mail [email protected]

COPENHAGEN

Tel +45 33 93 54 01

Fax +45 33 93 54 11

Tlx {DABUNK DK)

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

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.

December, 1997 260 250 240 230 220 210 200 190 180 170 160

MGO * ARA-area = Amsterdam/Rotterdam/Antwerp

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

MGO = Marine Gas Oil - MDO = 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. 160

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