WEEKLY SHIPPING MARKET REPORT WEEK 3...WEEKLY SHIPPING MARKET REPORT - pg. 3 Week 3 (15th Jan to 22nd Jan 2021) Bulk Carriers Type Name Dwt YoB Yard SS M/E Gear Price Buyer Comments

WEEKLY SHIPPING MARKET REPORT - pg. 1

Week 3 (15th Jan to 22nd Jan 2021)

Bulkers Libya’s General National Maritime Transport Co (GNMTC) sold their Capesize “Jabal Nafusa” 169/2011 Daehan, Korea (SS/DD 01/2021) to Greek buyers Minerva Marine for region mid USD 15 mill. Take into consideration that the one-year-older sister vessel “Cape Providence” 169/2010 Daehan, Korea was sold a week ago in an auction at 18,1 mill basis surveys overdue.

Global United Shipping have committed their Panamax “Ocean Trader I” 76/2006 Imabari, Japan (SS/DD 03/2021) to undisclosed buyers for USD 8,7 mill. Remind you that a week ago, the “CMB Sakura” 75/2006 Sanoyas, Japan (SS 09/2021, DD 06/2021) was committed at USD 7,8 mill, which was rumored to be in a bad condition.

After having received 8 offers in total, Asia Pacific Shipping have finally committed their BWTS fitted Ultramax “Asia Ruby I” 63/2014 Jinling, China (SS 03/2024, DD 03/2022) for USD 15,4 mill to Greek buyers Common Progress, while Scorpio Bulkers sold two of their scrubber & BWTS fitted vessels to German buyers Reederei Nord, the sisters “Sbi Leo” & “Sbi Lyra” 61/2015 DACKS, China (SS 02/2025, DD 01/2023 both) for USD 35 mill enbloc.

Navigation Maritime Bulgare have sold their BWTS fitted Handysize “Rodina” 38/2009 Jiangsu Eastern, China (SS 09/2024, DD 10/2022) to Danish buyers Clipper for USD 8 mill, while Valerie’s one-year-younger sister vessel “Marina R” 38/2010 Jiangsu Eastern, China (SS 08/2025, DD 06/2023) was sold to Chinese buyers for USD 7,25 mill. Remind you that back in November, Clipper had also bought the sister vessel “Rook” 38/2010 Jiangsu Eastern, China at USD 6 mill basis SS/DD due. In addition, the “Michel Selmer” 33/2010 Samjin, China (SS/DD 02/2021) owned by Ambra Shipmanagement, was committed to Greek buyers at low-mid USD 6 mill.

Tankers

Awilco sold two scrubber fitted VLCCs, the “Eco Future” & “Eco Queen” 300/2016 Daewoo, Korea (SS/DD 08/2021 & 09/2021 respectively) to DHT Holdings for USD 68 mill each. Moreover, Greek buyers Delta Tankers acquired the scrubber fitted “Hudson” 297/2017 HHIC, Philippines (SS/DD 06/2022) for USD 71,5 mill. Note that back in November, the one-year-younger scrubber fitted sister vessel “TRF Horten” 297/2018 HHIC, Philippines (SS 10/2023, DD 10/2021) was sold to Delta Tankers at USD 71 mill.

The MR2 “FSL Osaka” 46/2007 Shin Kurushima, Japan (SS/DD 08/2022) of First Ship Lease was committed to Indonesian buyers for USD 11,3 mill. For comparison reasons, the one-year-older “Ardmore Seamariner” Minami-Nippon, Japan (SS/DD 10/2021) was sold a month ago at USD 10,3 mill.

Baltic Indices

INDEX 22-Jan 15-Jan ± (%)

BDI 1.810 1.754 3,19%

BCI 2.970 2.893 2,66%

BPI 1.659 1.616 2,66%

BSI 1.142 1.086 5,16%

BHSI 670 653 2,60%

Daily T/C Avg 22-Jan 15-Jan ± (%)

Capesize $ 24.631 $ 23.989 2,68%

Kamsarmax $ 14.934 $ 14.545 2,67%

Supramax 58 $ 12.566 $ 11.951 5,15%

Handysize 38 $ 12.056 $ 11.745 2,65%

INDEX 22-Jan 15-Jan ± (%)

BDTI 512 493 3,85% BCTI 510 465 9,68%

0

1.000

2.000

3.000

4.000

5.000Bulkers

B.D.I B.C.I B.P.I. B.S.I. B.H.S.I.

0

200

400

600

800Tankers

BDTI BCTI

WEEKLY SHIPPING MARKET REPORT WEEK 3



Capesize

Iron ore rates on the West Australia / China route continued throughout

Week 03 at the level of low/mid usd 8,00’s fio. No period activity to report

here.

Kamsarmax / Panamax

CIS Pacific rounds ranged at the usd 12,000 pd. At the end of last week, the

Kamsarmax/Panamax market cooled off for all trades save for Baltic cargo

breaches and ECSA grain hauls. This trend has continued into this week and

we see owners booking forward cargos far below current spot earnings.

Average daily earnings for Kamsarmaxes /Panamaxes, which usually carry

grain cargoes were up to usd 14,250/16,000 pd. On the period front, a

Kamsarmax was reported fixed in the usd 14,000 pd for 5/8 months

employment basis delivery in the Pacific.

Ultramax / Supramax

The market remains firm after a good start of the year. North Pacific rounds

ranged at the usd 13,000 pd. CIS Pacific rounds ranged at the usd 12,000 pd.

A 56,800-dwt delivering North China were reported to be fixed at usd 9,250

pd for a trip into South East Asia with steels. No period activity to report

here.

Handymax / Handysize

A generally quiet week for this segment with limited fresh information. The

East Coast South America market was positive for the Handysizes. A 39,000-

dwt has been fixed around usd 14,250 pd basis delivery South Brazil for one

trip into West Africa with sugar. For a similar trip, a 35,000-dwt took usd

13,000 pd. No period activity to report here.

0

5.000

10.000

15.000

20.000

25.000

30.000

35.000

$/d

ay

Capesize

0

4.000

8.000

12.000

16.000

20.000

$/d

ay

Kamsarmax

0

3.000

6.000

9.000

12.000

15.000

$/d

ay

Supramax

0

3.000

6.000

9.000

12.000

15.000

$/d

ay

Handysize 38k

DRY BULK COMMENTARY



Bulk Carriers

Type Name Dwt YoB Yard SS M/E Gear Price Buyer Comments

Capesize Cape Mars 175.775 2003 CSBC, Taiwan 07/2023 B&W - $ 10,1m Chinese

Capesize Jabal

Nafusa 169.097 2011

Daehan,

Korea 01/2021

MAN-

B&W -

Region Mid

$ 15m

Greek

(Minerva

Marine)

Kamsarmax AP Jadran 79.336 2012

Jiangsu

Eastern,

China

11/2022 MAN-

B&W -

Undisclosed Chinese (Avic

Leasing)

Sale &

Leaseback

Kamsarmax AP Argosy 79.223 2012

Jiangsu

Eastern,

China

04/2022 MAN-

B&W -

Panamax Ocean

Trader I 76.596 2006

Imabari,

Japan 03/2021

MAN-

B&W - $ 8,7m Undisclosed

Ultramax Asia Ruby I 62.985 2014 Jinling, China 03/2024 MAN-

B&W 4x36T $ 15,4m

Greek

(Common

Progress)

BWTS fitted

Ultramax Sbi Leo 61.614 2015 DACKS, China 02/2025 MAN-

B&W 4x30T

$ 35m

enbloc

German

(Reederei

Nord)

Scrubber fitted

BWTS fitted

Ultramax Sbi Lyra 61.559 2015 DACKS, China 02/2025 MAN-

B&W 4x30T

Scrubber fitted

BWTS fitted

Supramax AP Slano 57.300 2012 Stx, Korea 05/2022 MAN-

B&W 4x30T

USA

(Northern

Shipping Fund

Management)

Supramax AP Astarea 57.239 2012 Stx, Korea 04/2022 MAN-

B&W 4x36T Undisclosed

Sale &

Leaseback

Handysize AP Dubrava 38.703 2015 Qingshan,

China 07/2025

MAN-

B&W 4x30T

Supramax EM

Sapphire 54.768 2009

Oshima,

Japan 12/2023

MAN-

B&W 4x30T $ 9,75m Undisclosed

Supramax Ever

Loading 52.262 2001

Daedong,

Korea 06/2021

MAN-

B&W 4x25T High $ 4m Undisclosed

Handysize Rodina 37.852 2009

Jiangsu

Eastern,

China

09/2024 Wartsila 4x30T $ 8m Danish

(Clipper) BWTS fitted

Handysize Marina R 37.785 2010

Jiangsu

Eastern,

China

08/2025 Wartsila 4x30T $ 7,25m Chinese

Handysize Michel

Selmer 33.694 2010 Samjin, China 02/2021

MAN-

B&W 4x35T

Low-Mid

$ 6m Greek

Handysize Jupiter Ace 32.527 2009

Zhejiang

Hongxin,

China

12/2024 MAN-

B&W 4x30T $ 5,9m Undisclosed

REPORTED SALES



Tankers Type Name Dwt YoB Yard SS M/E Price Buyer Comments

VLCC Sino Macro 311.168 1999 Hyundai, Korea 08/2022 B&W $ 20,5m Chinese

Class

suspended &

overdue

VLCC Eco Future 299.999 2016 Daewoo, Korea 08/2021 MAN-

B&W $ 68m

DHT Holdings

Scrubber fitted

VLCC Eco Queen 299.985 2016 Daewoo, Korea 09/2021 MAN-

B&W $ 68m Scrubber fitted

VLCC Hudson 297.638 2017 HHIC, Philippines 06/2022 MAN-

B&W $ 71,5m

Greek (Delta

Tankers) Scrubber fitted

Suezmax Tove Knutsen 152.601 2020 Hyundai, Korea 09/2025 MAN-

B&W $ 117,8m UK based Shuttle tanker

Aframax Saint

Nicholas 105.541 2002 Samho, Korea 06/2022

MAN-

B&W Undisclosed Indian

Old sale,

Delivered

LR2 Sti Lombard 109.999 2015 Daehan, Korea 08/2025 MAN-

B&W

Undisclosed Chinese (Avic

Leasing)

Sale &

Leaseback

MR Sti Memphis 49.995 2014 Spp, Korea 11/2024 MAN-

B&W

MR Sti Soho 49.990 2014 Spp, Korea 12/2024 MAN-

B&W

MR Sti Osceola 49.990 2015 Hyundai Mipo, Korea 04/2025 MAN-

B&W

MR Undine 47.999 2004 Iwagi, Japan 03/2024 MAN-

B&W $ 9,75m

Middle

Eastern

MR Fsl Osaka 45.998 2007 Shin Kurushima, Japan 08/2022 Mitsubishi $ 11,3m Indonesian

MR Argent Bloom 33.609 2009 Kitanihon, Japan 01/2024 Mitsubishi $ 19,2m Norwegian

(EGD Holding)

St St

MR Liberty 33.609 2009 Kitanihon, Japan 09/2023 Mitsubishi $ 19,2m St St

Chemical/Oil

Products

Chemroute

Sun 25.615 2008 Shin Kurushima, Japan 07/2022 Mitsubishi $ 15,2m

UK based

(Tufton

Oceanic)

Chemical/Oil

Products Olmeca 15.472 2003 Fukuoka, Japan 08/2023 B&W $ 5,25m Chinese

St St, Old sale,

Delivered

Chemical/Oil

Products

Bro

Distributor 14.907 2006 Jinling, China 09/2021 MAN

Undisclosed Indonesian

(BULL)

Cash & Shares

deal

Chemical/Oil

Products Bro Designer 14.846 2006 Jinling, China 06/2021 MAN

Chemical/Oil

Products Bro Deliverer 14.766 2006 Jinling, China 04/2021 MAN

Chemical/Oil

Products

Bro

Developer 14.737 2007 Jinling, China 02/2022 MAN

REPORTED SALES



Tankers (Continued)

Type Name Dwt YoB Yard SS M/E Price Buyer Comments

Chemical/Oil

Products Asavari 13.094 2009 Sekwang, Korea 07/2024

MAN-

B&W Low $ 6m Far Eastern

Chemical/Oil

Products Ocean Hawk 9.010 2007 Yangzhou, China 03/2021 Yanmar $ 3,1m Far Eastern

Old bank sale,

Delivered

Bunkering Guang Hui

328 4.261 2016 Rizhao Kingda, China 01/2021 Wartsila $ 5,85m

Chinese

(Shandong

Port Shipping)

Auction sale

Containers

Type Name Teu YoB Yard SS M/E Gear Price Buyer Comments

Post

Panamax MSC Roma 9.178 2006

Samsung,

Korea 12/2021

MAN-

B&W - Undisclosed

Greek

(Technomar)

Post

Panamax

Maersk

Kampala 6.802 2001 Hyundai, Korea 05/2021 Sulzer - Undisclosed

German

(Bernhard

Schulte)

Post

Panamax

Maersk

Kalmar 6.690 1998 IHI, Japan 06/2023 Sulzer -

Undisclosed Greek

(Technomar)

Post

Panamax

Maersk

Kimi 6.690 1998 IHI, Japan 07/2023 Sulzer -

Panamax Halifax

Express 4.843 2000 Hyundai, Korea 02/2021

MAN-

B&W - Undisclosed Taiwanese

Panamax Tim S 3.398 2005 Hanjin, Korea 01/2021 MAN-

B&W - $ 10,1m Undisclosed

Sub

Panamax

Maersk

Palermo 2.890 1998

Kvaerner

Warnow,

Germany

09/2023 B&W -

Undisclosed Greek

(Conbulk)

Sub

Panamax

Maersk

Penang 2.890 1998

Kvaerner

Warnow,

Germany

06/2023 B&W -

Sub

Panamax Angol 2.797 2010 Yangfan, China 03/2025

MAN-

B&W -

$ 20m

enbloc

Greek

(Lomar

Shipping)

Sub

Panamax Angeles 2.797 2010 Yangfan, China 04/2025

MAN-

B&W -

Feeder Kota

Nelayan 1.810 2010 Dalian, China 04/2025

MAN-

B&W 2x40T $ 7,8m

German

(Briese

Schiffahrts)

Gas

Type Name Dwt YoB Yard SS M/E Cbm Price Buyer Comments

LNG LNG Pioneer 77.712 2005 Daewoo,

Korea 07/2025 Kawasaki 135.359 $ 37m Chinese

LPG Oriental

Queen 53.194 2004

Universal,

Japan 11/2022 B&W 80.874 $ 40,3m Undisclosed

REPORTED SALES



Indicative Demolition Prices

Country Price $/ldt

Bu

lke

rs

India 415

Bangladesh 430

Pakistan 415

Turkey 265

Tan

kers

India 420

Bangladesh 440

Pakistan 425

Turkey 270

Demolition Sales

Type Vessel Dwt YoB Ldt Price $/ldt Country Comments

Bulker Stellar Pioneer 298.624 1994 46.048 431 Undisclosed “As Is” Labuan

Bulker Stellar Topaz 298.468 1994 45.865 431 Undisclosed “As Is” Labuan

General Cargo Dalian 29.827 2004 12.291 480 Bangladesh

Bulker Seapol Endeavour 45.758 1996 8.100 431 Bangladesh

Bulker KT 02 45.146 1998 8.035 489 Bangladesh

Bulker Anda Raya 49.016 1996 7.925 469 Bangladesh

Bulker KT 05 47.375 1998 7.455 489 Bangladesh

Tanker Rennes 5.278 1994 1.710 430 Undisclosed

140

160

180

200

220

240

260

280

300

$/l

dt

Tankers

Turkey

140

160

180

200

220

240

260

280

300

$/l

dt

Bulkers

Turkey

260280300320340360380400420440460480500

$/l

dt

Tankers

India Bangladesh Pakistan

260280300320340360380400420440460480500

$/l

dt

Bulkers

India Bangladesh Pakistan

DEMOLITION



Bulk Carriers

Units Dwt Yard Delivery Price Owner Comments

1 82.000 Chengxi, China 2022 Undisclosed Chinese (Guangdong

Shipping)

4 66.000 YAMIC, China 2022/2023 $ 26m Bangladeshi (Meghna

Group)

Tankers

Units Dwt Yard Delivery Price Owner Comments

1 156.500 New Times, China 2022 $ 52m Greek (Avin International) Dual fuelled,

Ammonia-ready

1 50.000 Hyundai Vinashin,

Vietnam 2022 $ 35m Japanese

1 9.000 Wuhu Xinlian, China 2021

About $ 100m Chinese (Shanghai

Dingheng Shipping)

St St

5 6.600 Wuhu Xinlian, China 2021 St St

Containers

Units Teu Yard Delivery Price Owner Comments

3 1.100 Tsuneishi Zhoushan,

China 2022 $ 20m

Chinese (Taican Container Lines)

Gas

Units Cbm Yard Delivery Price Owner Comments

1+2 174.000 Hyundai Samho, Korea 2023 $ 182,5m Russian (Sovcomflot) LNG, T/C to Total

2+2 93.000 Jiangnan, China 2023 $ 76m Chinese (Oriental Energy) LPG fuelled

2 91.000 DSME, Korea 2023 $ 77,5m Norwegian (Avance Gas) LPG dual fuel

1 91.000 Hyundai, Korea 2022 Undisclosed Korean (KSS Line) LPG dual fuel

1+1 40.000 Hyundai Mipo, Korea 2023 $ 48m UK based

(Union Maritime) LPG

NEWBUILDING



0

10

20

30

40

50

20,514,5

8,55

16,5

117

26,5

1915

8,8

29,523

49

28

20,514,5

Mill

ion

US$

BulkersCapesize

Kamsarmax

Panamax

Ultramax

Supramax

Handysize

Prompt Resale 5 years 10 years 15 years

0

20

40

60

80

100

3627,5

18,512

4534

2215

58

4530,5

18,5

88

65

46

32,5

Mill

ion

US$

Tankers

VLCC

Suezmax

Aframax

MR

Prompt Resale 5 years 10 years 15 years

Bulkers Tankers

Size Age Week

3 Week

2 ± %

Size Age

Week 3

Week 2

± %

Capesize 180k Resale 49 49 0,00% VLCC 310k Resale 88 88 0,00%

Capesize 180k 5 years 28 28 0,00% VLCC 310k 5 years 65 65 0,00%

Capesize 180k 10 years 20,5 19,5 5,13% VLCC 300k 10 years 46 46 0,00%

Capesize 170k 15 years 14,5 12,5 16,00% VLCC 300k 15 years 32,5 32,5 0,00%

Kamsarmax 82k Resale 29,5 29,5 0,00% Suezmax 160k Resale 58 58 0,00%

Kamsarmax 82k 5 years 23 23 0,00% Suezmax 160k 5 years 45 45 0,00%

Panamax 76k 10 years 15 15 0,00% Suezmax 150k 10 years 30,5 30,5 0,00%

Panamax 74k 15 years 8,8 8,5 3,53% Suezmax 150k 15 years 18,5 18,5 0,00%

Ultramax 63k Resale 26,5 26,5 0,00% Aframax 110k Resale 45 45 0,00%

Ultramax 61k 5 years 19 18,5 2,70% Aframax 110k 5 years 34 34 0,00%

Supramax 58k 5 years 16,5 16,5 0,00% Aframax 105k 10 years 22 22 0,00%

Supramax 56k 10 years 11 10,5 4,76% Aframax 105k 15 years 15 15 0,00%

Supramax 52k 15 years 7 7 0,00% MR 52k Resale 36 36 0,00%

Handysize 38k Resale 20,5 20,5 0,00% MR 51k 5 years 27,5 27,5 0,00%

Handysize 37k 5 years 14,5 14,5 0,00% MR 47k 10 years 18,5 18,5 0,00%

Handysize 32k 10 years 8,5 8,5 0,00% MR 45k 15 years 12 12 0,00%

Handysize 28k 15 years 5 5 0,00%

INDICATIVE PRICES



Currencies Currency 21-Jan 14-Jan ± (%)

EUR / USD 1,2164 1,2155 0,07% USD / JPY 103,50 103,80 -0,29%

USD / KRW 1.098,27 1.098,16 0,01% NOK / USD 0,1190 0,1181 0,76%

Commodities Commodity 21-Jan 14-Jan ± (%)

Brent Crude (BZ) 56,10 56,42 -0,57% WTI Crude Oil (WTI) 53,13 53,57 -0,82%

Natural Gas (NG) 2,49 2,67 -6,74% Gold (GC) 1.869,30 1.851,40 0,97%

Copper (HG) 3,65 3,67 -0,54% Wheat (W) 660,75 670,00 -1,38%

1,06

1,08

1,10

1,12

1,14

1,16

1,18

1,20

1,22

1,24

EUR / USD

0

10

20

30

40

50

60

70

$/b

bl

Oil Prices

Brent Crude

WTI Crude

KEY INDICATORS



Stock Prices – Shipping Companies

Company Stock Exchange 21-Jan 14-Jan ± (%) Diana Shipping Inc (DSX) NYSE 2,42 2,36 2,54% Euroseas Ltd (ESEA) NASDAQ 7,90 7,38 7,05% Eagle Bulk Shipping Inc (EGLE) NASDAQ 22,31 24,05 -7,23% Navios Maritime Holdings Inc (NM) NYSE 3,45 3,90 -11,54% Navios Maritime Partners LP (NMM) NYSE 13,57 14,69 -7,62% Star Bulk Carriers Corp (SBLK) NASDAQ 11,17 12,03 -7,15% Seanergy Maritime Holdings Corp (SHIP) NASDAQ 1,01 0,83 21,69%

Safe Bulkers Inc (SB) NYSE 1,83 1,92 -4,69% Golden Ocean Group Ltd (GOGL) NASDAQ 5,50 5,32 3,38%

Stock Prices - Wet

Company Stock Exchange 21-Jan 14-Jan ± (%) Capital Product Partners LP (CPLP) NASDAQ 9,52 9,67 -1,55%

TOP Ships Inc (TOPS) NASDAQ 1,64 1,61 1,86%

Tsakos Energy Navigation Ltd (TNP) NYSE 8,88 9,12 -2,63%

Stock Prices - Other

Company Stock Exchange 21-Jan 14-Jan ± (%) Danaos Corp (DAC) NYSE 28,36 29,09 -2,51%

StealthGas Inc (GASS) NASDAQ 2,72 2,85 -4,56% Rio Tinto PLC (RIO) NYSE 82,39 84,84 -2,89% Vale SA (VALE) NYSE 17,47 18,94 -7,76%

Archer-Daniels-Midland Co (ADM) NYSE 52,79 52,87 -0,15% BHP Group Ltd (BHP) NYSE 72,33 73,88 -2,10%

SHIPPING INDICATIVE SHARE VALUE



ADVANCED SHIPPING & TRADING S.A.

Vouliagmenis Avenue 168, 1st Floor,

Glyfada 16674, Greece

Tel: +30 210 30 03 000

Fax: +30 210 30 01 305

Sale & Purchase Department: Cpt. Fountoglou Michalis Mob: +30 6947 70 07 18 Thermos Stavros Mob: +30 6944 24 20 20

Harrington James Mob: +44 7768 10 45 33

Papoutsis George Mob: +30 6951 00 51 65

Chrousalas Thanasis Mob: +30 6955 47 77 73

Landrakis Stelios Mob: +30 6955 47 77 74

Bilias Tasos Mob: +30 6955 47 77 71

Kontaratos Alkis Mob: +30 6949 19 11 79

Markoutsa Nela Mob: +30 6959 99 85 10

Grigoriou Nikos Mob: +30 6946 85 89 29

Operations Department:

Katsouli Fotini Mob: +30 6942 54 23 57

Chief Executive Consultant:

Cpt. Galonis Dimitrios Mob: +30 6945 55 36 81

E-mail: [email protected]




Dry Cargo Chartering Department:

Pittas Jordan Mob: +30 6944 05 27 46

Benetos Kostas Mob: +30 6943 29 32 13

Filippis Dimitris Mob: +30 6949 19 58 96

Veronikis Spyros Mob: +30 6946 28 07 21

Paraskevopoulou Mina Mob: +30 6949 37 47 06

Dienis Angelos Mob: +30 6951 82 94 48

Ploumpis Stefanos Mob: +30 6951 00 24 36

Petrou Viky Mob: +30 6983 32 55 69

Research Department:

Avdikos Alexandros Mob: +30 6979 49 91 78

Liadi Ioanna Mob: +30 6946 75 59 10

Liadi Artemis Mob: +30 6956 58 41 49

Accounting Department: Stergiou Kostas Mob: +30 6942 09 73 10

Administration Department: Simou Chrysa Mob: +30 6970 55 31 28

“ THINK BIG ” Legal Disclaimer The information contained herein has been obtained by various sources. Although every effort has been made to ensure that this information is accurate, complete and up-to-date, Advanced Shipping & Trading S.A. does not accept any responsibility whatsoever for any loss or damage occasioned or claimed, upon reliance on the information, opinions and analysis contained in this report. Research compiled by: Advanced Shipping & Trading S.A. Market Research on behalf of the Sale & Purchase, Dry Cargo Chartering and Tanker Chartering Departments. For any questions, please contact: [email protected]

CONTACT DETAILS

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Documents

WEEKLY SHIPPING MARKET REPORT WEEK 3...WEEKLY SHIPPING MARKET REPORT - pg. 3 Week 3 (15th Jan to 22nd Jan 2021) Bulk Carriers Type Name Dwt YoB Yard SS M/E Gear Price Buyer Comments