Page 69: of Maritime Reporter Magazine (June 2015)

Second Hand Prices of 5 Year Old Tankers (Mil. $)

StartMR ProductAframaxSuezmaxVLCC 2005 39 56 71.5 106 2006 45 61.5 75 113.5 2007 45 64 81 118 2008 50 68 93 136 2009 38 53 71 102 2010 25 40 56 82 2011 27 40 58 82 2012 27 35 45 85 2013 24 28 44 60 2014 28 32 40 62 2015 27 44 58 77 (Source: The Platou Report 2015, RS Platou Group • www.platou.com)

Second Hand Prices of 5 Year Old Bulk Carriers (Mil. $)

Second Hand Prices of 5 Year Old Handymax PanamaxCapesize

Bulk Carriers (Mill. Dwt) 2005 31 38 64 2006 25.5 29 55 2007 40.545.5 80 2008 73 88 138 2009 26.5 30 49 2010 28 34 55 2011 31.537.5 52 2012 25 26 38 2013 19 29 31 2014 25 25.5 41 2015 21.520.5 38 (Source: The Platou Report 2015, RS Platou Group • www.platou.com)

New Orders of Tankers by Size (incl. chemical carriers) (Mill.dwt) 10 to 70 to 120- 200,000+ Total 69,999 119,999 199,999 20057 5.8 1.1 1124.9 200616.221.613.330.381.5 200715.413.5 8.3 1552.2 20086.3 5.3 5.832.850.1 20091 1 3 5.811.1 20102.1 6.8 11.319.940.1 20112.7 1.9 2.8 2.29.6 20126.1 1.1 2.5 5.315.1 201310.87.1 0.613.632.2 20145.5 5 6.2 8.525.1 (Source: The Platou Report 2015, RS Platou Group • www.platou.com) www.marinelink.com 69

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