MONTHLY SALE AND PURCHASE REPORT 5/2/2013

As per usual practice lets begin from the Newbuildings front where the ordering of MR’s have unfortunately continued in an unstoppable manner!
Hyundai samho has won an order from an affiliate for four VLCC’s and these
are destined for long term TC to Hyundai oilbank, moreover china merchants
have agreed to build three similar ships in jiangnan changing for region $85
mill each.

Stena have declared options for two high spec products in GSI extending their order to eight (4 options still remaining) costing close to $40 mill each! BW ordered a single LNG FSRU in Samsung and scorpio went back to Hyundai mipo for two 50,000 dwt MR’s costing $32,5 mill each (they have options for four 37,000 dwt products pending). Knutsen went to cosco for a single DP2 shuttle suezmax for long tc to repsol Sinopec brasil while Evergas
has agreed with sinopacific to build four 27,000 cbm LNG ships for long term TC to ineos.

Full article, ELNAVI, February 2013, Issue 470, Page. 61

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