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Capital Link ShippingLinking Shipping and InvestorsAcross the GlobeMonday, June 13, 2022 (Week 24)IN THE NEWS Latest Company NewsEarnings RecapShipping Decarbonization- Expanding theConversation- By Barry ParkerCAPITAL MARKETS Currencies, Commodities & IndicesShipping Equities – Weekly ReviewDividend Paying Shipping StocksGlobal Shipping Company ProfileSHIPPING MARKETS Allied Shipbroking – Market ReportGMS Weekly – Ship RecyclingStifel Shipping Markets
Linking Shipping and InvestorsAcross the GlobeNavigator Holdings (NVGS) Interview on CompanyPerformance, Strategy & LPG Shipping Sector OutlookJune 9, 2022New York, June 15, 2022 – Oeyvind Lindeman, Chief Commercial Officer, and Randy Giveans,Head of Investor Relations and Business Development in North America of NavigatorHoldings Ltd. (“Navigator”) (NYSE: NVGS), discussed with Barry Parker of Capital Link TV,Navigator’s key 1Q22 performance highlights and achievements, the corporate strategygoing forward, and the current state and outlook of the LPG shipping market.On May 23rd Navigator reported its first quarter of 2022 financial results. For the first quarterof 2022, Navigator reported a much-improved financial performance compared to the firstquarter of last year achieving a Net Income of 27.0 million, compared to 2.8 million for thesame period last year. Navigator improved its balance sheet with 168 million in cash andcontinued to reduce debt levels. On the commercial front, Navigator reported fleet utilizationat nearly 90% for 1Q22 and improved time charter equivalent of nearly 23,000.Navigator’s 1Q22 Earnings PresentationNavigator Gas CSR UpdateWATCHCapital Link - Trending NewsThis Podcasts Series features interviews and discussions with senior management elaborating on recentcompany news and tal-link-tv/
Linking Shipping and InvestorsGreek Shipping at the Forefront of Global TradeAcross the GlobeDriving the Industry ForwardProspectsLEADERSin A ChangingWorldFEATURING INDUSTRYEXCHANGINGVIEWS ONTHE FUTURE OF SHIPPINGDRIVING THE INDUSTRY FORWARD – PROSPECTS IN A CHANGING WORLDMonday, June 6, 2022FourSeasons,AstironPalaceHotel,AthensCapital Link’s 8th Maritime Leaders Summit – Greece, was heldMonday,June6, at the Four Seasons, Astir Palace Hotel,Athens, with great attendance attracting well over 900 participants comprising of top-level executives, governmentalrepresentatives, experts, and journalists from major companies and organizations from the Greek shipping industry as well as frommany shipping centers from all over the world who visited Greece for the Posidonia Exhibition.The Forum was a Posidonia Conference Program event and part of the Posidonia Week calendar. The top agenda and speaker line-upmake it one of the most interesting events of the Posidonia Week. The Forum was organized in cooperation with Nasdaq and theNew York Stock Exchange-NYSE.The conference was honored by the presence and Keynote Address delivered by H.E. Ioannis Plakiotakis, Minister of MaritimeAffairs & Insular Policy of the Hellenic Republic.The forum featured: the thought leadership of Greek Shipping on critical industry issues its significance and contribution to the global economy and trade its ability to help move the industry forwardTop industry leaders shared their valuable insight on GREEK SHIPPING AT THE FOREFRONT OF GLOBAL TRADE - PROSPECTS,OPPORTUNITIES & CHALLENGES IN A CHANGING WORLD. The panel discussed all the current implications from the recent Ukrainewar and their impact on shipping, regulations, new technologies in regards to the transition to green shipping, ship finance, and allmajor issues concerning the industry.In-person eventFour Seasons, Astir Palace Hotel AthensWATCH REPLAYSFor more information on the program please visit here
Capital Link ShippingLinking Shipping and InvestorsThe Knowledge Hub For ShippingAcrossYourtheOne-StopGlobeDigital Resource On The Shipping IndustryAvailable To Members - Register FreeCapital Link, in partnership with major industry participants, launches its revamped website.Site features:Listed CompaniesCompany Profiles, News, Presentations, Earnings & Conference Calls Schedule, SEC FillingsShipping MarketsSpot & Time Charter Earnings, FFAs, Asset Values; S&P Activity, Freight Rates & More – Daily& Weekly Updates – Dry Bulk – Tanker – LNG/LPG – ContainersFreight Indices – FFA Indices – Bunkering / Marine Fuel PricesCapital MarketsShipping Stocks Daily Stock Market Trading Data – Common & Preferred StocksMaritime BondsCapital Link Stock Market Indices – Currencies – CommoditiesInteractive ComparisonsComparison of Relative Performance of Stock Market / Freight Market / FFA MarketDaily Industry NewsExtensive Aggregation of Industry News from a Wide Variety of Sources – RSS Feeds & More,Providing Rich Content & UpdatesIndustry ReportsIndustry Reports Contributed by MajorParticipants Across All Industry Sectors &FunctionsBraemar, Allied, Affinity, Alphaliner, Arrow,Bancero Costa, Breakwave Advisors,BunkerEx, Charles W. Webber, DNB Markets,Drewry, Gibson, Intermodal, GMS, Poten,Optima Shipping, Weberseas etc.Daily BlogsInsight of Well-Known Industry Analysts,Investors, Managers & JournalistsJames Catlin & J Mintzmyer, Renaud Saleur,Mark Williams, Richard Diamond, Barry ParkerCapital Link’s Proprietary ContentWebinars, Podcasts, Maritime Forums, CapitalLink TV ChannelWeekly Features with Major IndustryPersonalitiesCompany ChannelsContent from Select Industry ParticipantsDNV-GL, EY, InvestHK, Tototheo, ColumbiaShipmanagement, Seward & Kissel, WFW,Stephenson Harwood, ReedSmith,Yield Street,Braemar Naves, DNB, Citi, BoComm Leasing,ICBC, and more.
Capital Link ShippingLinking Shipping and Investorsthe Advisory,GlobeInvestor Relations and Financial Communications firm. Capitalizing on ourCapital Link isAcrossa New York-basedin-depthknowledge of the shipping industry and capital markets, Capital Link has made a strategic commitment to the shipping industrybecoming the largest provider of Investor Relations and Financial Communications services to international shipping companies listedon the US and European Exchanges. Capital Link's headquarters are in New York with a presence in London and Athens.Investor Relations & Financial AdvisoryOperating more like a boutique investment bank rather than a traditional Investor Relationsfirm, our objective is to assist our clients enhance long term shareholder value and achieveproper valuation through their positioning in the investment community. We assist them todetermine their objectives, establish the proper investor outreach strategies, generate arecurring information flow, identify the proper investor and analyst target groups and gatherinvestor and analyst feedback and related market intelligence information while keeping trackof their peer group. Also, to enhance their profile in the financial and trade media.In our effort to enhance the information flow to the investment community and contribute to improving investor knowledge of shipping,Capital Link has undertaken a series of initiatives beyond the traditional scope of its investor relations activity, such as:www.CapitalLinkShipping.comA web based resource that provides information on the major shipping and stock market indices, as wellas on all shipping stocks. It also features an earnings and conference call calendar, industry reportsfrom major industry participants and interviews with CEOs, analystsand other market participants.Capital Link Shipping Weekly Markets ReportWeekly distribution to an extensive audience in the US & European shipping, financial and investmentcommunities with updates on the shipping markets, the stock market and listedcompany news.www.CapitalLinkWebinars.comSector Forums & Webinars: Regularly, we organize panel discussions among CEOs, analysts, bankersand shipping industry participants on the developments in the various shipping sectors (containers, drybulk, tankers) and on other topics of interest (such as Raising Equity inShipping Today, Scrapping, etc).Capital Link Investor Shipping ForumsIn New York, Athens and London bringing together investors, bankers, financial advisors, listedcompanies CEOs, analysts, and shipping industry participants.www.MaritimeIndices.comCapital Link Maritime Indices: Capital Link developed and maintains a series of stock market maritimeindices which track the performance of U.S. listed shipping stocks (CL maritime Index, CL Dry BulkIndex, CL Tanker Index, CL Container Index, CL LNG/LPG Index, CL Mixed Fleet Index, CLShipping MLP Index – Bloomberg page: CPLI. The Indices are also distributed through the ReutersNewswires and are available on Factset.Capital Link- New York - London - Athens - OsloNew York - 230 Park Avenue, Suite 1536, New York, NY, 10169 Tel.: 1 212 661 7566 Fax: 1 212 661 7526London - Longcroft House,2-8 Victoria Avenue, London, EC2M 4NS, U.K Tel. 44(0) 203 206 1320 Fax. 44(0) 203 206 1321Athens - 40, Agiou Konstantinou Str, Suite A 5, 151-24 Athens, Greece Tel. 30 210 6109 800 Fax 30 210 6109801Oslo - Raadhusgaten 25 P.O. Box 1904 Vika N-0116 Oslo, Norwaywww.capitallink.comwww.capitallinkforum.com
Capital Link ShippingWeekly Markets ReportMonday, June 13, 2022(Week 24)IN THE NEWSLatest Company NewsMonday, June 6, 2022Globus Maritime Limited Reports Financial Results for theQuarter Ended March 31, 2022Glyfada, Greece, June 6, 2022, Globus Maritime Limited (“Globus”,the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shippingcompany, today reported its unaudited consolidated operating andfinancial results for the quarter ended March 31, 0622.pdfInternational Seaways Monetizes FSO Joint Venture With Sale toEuronav and Increases Quarterly Cash DividendNEW YORK--(BUSINESS WIRE)-- International Seaways, Inc.(NYSE: INSW) (the “Company” or “INSW”), one of the largest tankercompanies worldwide providing energy transportation services forcrude oil and petroleum products, today announced that it hascompleted a transaction in which the Company has sold its 50% stakein two floating storage and offshore (FSO) vessels to its joint venturepartner Euronav NV. The purchase price values the two FSO vesselsat 300 million in total. Net of adjustments for working capital andexpenses, International Seaways received approximately 140 millionin cash from the -Dividend/default.aspxNavios Maritime Holdings Inc. Announces Redemption of 15.0Million of 11.25% Senior Secured Notes due 2022GRAND CAYMAN, Cayman Islands, June 06, 2022 (GLOBENEWSWIRE) -- Navios Maritime Holdings Inc. (“Navios Holdings” orthe “Company”) (NYSE: NM), a global seaborne shipping and logisticscompany, announced that on June 6, 2022, the Company issued anotice of redemption with respect to an aggregate principal amount of 15,000,000 of its 11.25% Senior Secured Notes due 2022 (the“Notes”) at a redemption price equal to 100.00% of the aggregateprincipal amount thereof, plus accrued and unpaid interest to, butexcluding, the redemption date of June 16, redemption-150-millionNordic American Tankers Ltd (NYSE: NAT) – NEWS: The last2002 built vessel soldTuesday, June 7, 2022 - Dear Shareholders and Investors,We wish to inform you that we have sold the last of our originally four2002 built suezmax tankers, the “Nordic Moon”. The price is about 16million net to NAT. The vessel will be delivered to the new ownersduring June sday, June 7, 2022Capital Product Partners L.P. Announces the Acquisition of OneLNG Carrier, the Acquisition of Three 13,278 TEU ContainerVessels and the Sale of Two 8,266 TEU Container VesselsATHENS, Greece, June 07, 2022 (GLOBE NEWSWIRE) -- CapitalProduct Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”)(NASDAQ: CPLP), an international owner of ocean-going vessels,today announced: The acquisition of one 174,000 cubic meter (“cbm”)latest generation X-DF LNG carrier (“LNG/C”) and three 13,278 TEUhybrid scrubber-fitted, latest generation eco container vessels, all withlong term charters attached, for total consideration of 597.5 million;and The sale of two 8,266 TEU container vessels, namely the M/VArchimidis and the M/V Agamemnon, for total consideration of p-announces-acquisition-one-lngNordic American Tankers Ltd (NYSE: NAT) – Announces the datefor its 2022 Annual General Meeting of Shareholders (AGM)Tuesday, June 7, 2022 - Dear Shareholders and Investors,Nordic American Tankers Limited today announced that it hasscheduled the 2022 AGM to be held in Monaco on November 17,2022 at 3 pm, Monaco time. Further documentation, including recorddate and a normal agenda, will be published general-meeting-of-shareholders-agm/Wednesday, June 8, 2022SCORPIO TANKERS INC. ANNOUNCES AN UPDATE ON Q2 2022EVENTS, INCLUDING THE Q2 DAILY TCE REVENUESMONACO, June 08, 2022 (GLOBE NEWSWIRE) — Scorpio TankersInc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announcesan update on Q2 2022 events, including the quarter to date Daily TCERevenues. Below is a summary of the average daily TCE revenue andduration of contracted voyages and time charters for the Company’svessels (both in the pools and in the spot market) thus far in thesecond quarter of oads/2022/06/news8891.pdfEURONAV PURCHASES JOINT VENTURE PARTNER SHARE OFTWO FSO VESSELSANTWERP, Belgium, 7 June 2022 – Euronav NV (NYSE: EURN &Euronext: EURN) (“Euronav” or the “Company”) announces that it hasbecome the full owner of the FSO platform as previously held in its 5050 joint venture with International Seaways, Inc.(“INSW”). The twoconverted ULCCs, the FSO Asia and FSO Africa, were purchased atUSD 300 million in total. Net of adjustments for working capital anddebt, Euronav paid approximately USD 140 million in cash for ls/6
Capital Link ShippingWeekly Markets ReportMonday, June 13, 2022(Week 24)IN THE NEWSLatest Company NewsGlobal Ship Lease Declares Quarterly Dividend on its 8.75%Series B Cumulative Redeemable Perpetual Preferred SharesLONDON, June 08, 2022 (GLOBE NEWSWIRE) -- Global Ship Lease,Inc. (NYSE:GSL) (the “Company”) announced today that theCompany’s Board of Directors has declared a cash dividend of 0.546875 per depositary share, each representing a 1/100th interestin a share of its 8.75% Series B Cumulative Redeemable PerpetualPreferred Shares (the “Series B Preferred Shares”) (NYSE:GSLPrB).The dividend represents payment for the period from April 1, 2022 toJune 30, 2022 and will be paid on July 1, 2022 to all Series BPreferred Shareholders of record as of June 24, fFriday, June 10, 2022FRO – Private acquisitions of Euronav shares in exchange forFrontline shares completedFrontline Ltd. (“Frontline” or the “Company”) (NYSE: FRO – OSE:FRO) announces that it has agreed to acquire in privately negotiatedtransactions with certain shareholders of Euronav N.V. (NYSE: EURN& Euronext: EURN) (“Euronav”) a total of 7,708,908 shares inEuronav, representing 3.82% of the outstanding shares in Euronav, inexchange for a total of 10,753,924 shares in Frontline, which isequivalent to 1.395 Frontline shares for every one share of -shares-completed-2/Thursday, June 9, 2022Capital increase in TORM due to exercise of Restricted ShareUnits as part of TORM’s incentive programTORM plc (“TORM”) increases its share capital by 14,178 A-shares(corresponding to a nominal value of USD 141.78) as a result of theexercise of a corresponding number of Restricted Share Units. Thecapital increase is carried out without any pre-emption rights forexisting shareholders or others. All 14,178 new shares are subscribedfor in x7
Capital Link ShippingWeekly Markets ReportEarnings RecapGlobus Maritime Limited Reports Financial Results for theQuarter Ended March 31, 2022Glyfada, Greece, June 6, 2022, Globus Maritime Limited (“Globus”,the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shippingcompany, today reported its unaudited consolidated operating andfinancial results for the quarter ended March 31, 0622.pdf8Monday, June 13, 2022(Week 24)IN THE NEWS
Capital Link ShippingWeekly Markets ReportMonday, June 13, 2022(Week 24)IN THE NEWSToday’s BlogShipping Decarbonization –Expanding the ConversationBy Barry Parker – June 10, 2022A press release from Intercargo, an organizationrepresenting drybulk shipowners (I used to do somewriting for their market reports, back in the day),really hit home, and is worth highlighting. Intercargohas Non-governmental-organization (NGO) status atthe IMO meetings, and has been making the roundsof the various conferences and panels at Posidonia.In their release, the organization highlights that: “Itwould be a mistake to place responsibility formeeting IMO’s zero emission shipping targets fullyon the shoulders of the shipping industry ” I couldnot have said it any better.This has been a busy week- while I’ve not been atPosidonia (and I am very envious of those folks whoare over there), I have been getting up early andwatching the International Maritime Organization(IMO) environmental committee meeting- known asMEPC78, over a media webcast link. The MEPC istrying to get to some regulatory certainty ondecarbonization (think about those widely quotedCarbon Intensity Indicators, or CIIs, and the EnergyEfficiency Indices for Existing Vessels, or EEXI). Myreaction is that they are completely overwhelmed –there is a desire to revise their “Initial Strategy” (onshipping carbon reduction, perhaps towards “Netzero by 2050”) soon- so folks can plan, but there arejust so many viewpoints and technical issues. In oneof their sessions, they were discussing plans foradditional meetings of working groups,correspondence groups, and all manner ofcollaborative conversations to work through themany issues. Additionally, various IMO delegateshave asked the question- which (I paraphrase) goesalong the lines of “How can we talk about using newfuels if we don’t know what they are, there are nofuel infrastructures, etc etc?” These are excellentpoints; maybe it’s time to begin addressing them.Read blog in its entirety9
Monday, June 13, 2022(Week 24)Capital Link ShippingWeekly Markets ReportCAPITAL MARKETS DATADividend Paying Shipping StocksStock Prices as of June 10, 2022Company NameContainerAtlas Corp.Costamare Inc.Danaos Corp.Euroseas Ltd.Global Ship LeaseZIM Integrated Shipping Services Ltd.DrybulkDiana Shipping Inc.Eagle Bulk Shipping Inc.Genco Shipping & Trading LtdGolden Ocean Group Ltd.Grindrod Shipping Holdings Ltd.Pangaea Logistics Solutions Ltd.Safe Bulkers Inc.Seanergy Maritime HoldingsStar Bulk Carriers Corp.LNGFlex LNG Ltd.TankersDHT Holdings, Inc.Euronav NVInternational Seaways, Inc.Nordic American Tankers Ltd.Scorpio Tankers Inc.Tsakos Energy Navigation Ltd.Mixed FleetShip Finance International Ltd.Maritime MLPsCapital Product Partners L.P.GasLog Partners L.P.Hoegh LNG Partners L.P.KNOT Offshore Partners L.P.Navios Maritime Partners 2022AnnualizedDividend YieldATCO EquityCMRE EquityDAC EquityESEA EquityGSL EquityZIM Equity 0.125 0.115 0.75 0.50 0.375 2.85 0.50 0.46 3.00 2.00 1.50 11.40 12.37 12.72 71.04 28.09 20.89 52.134.04%3.62%4.22%7.12%7.18%N/ADSX EquityEGLE EquityGNK EquityGOGL EquityGRIN EquityPANL EquitySB EquitySHIP EquitySBLK Equity 0.25 2.00 0.79 0.50 0.47 0.075 0.05 0.025 1.65 1.00 8.00 3.16 2.00 1.88 0.30 0.20 0.10 6.60 5.44 63.45 22.33 13.39 21.56 6.04 4.42 1.05 4.48%FLNG Equity 0.75 3.00 26.7411.22%DHT EquityEURN EquityINSW EquityNAT EquitySTNG EquityTNP Equity 0.02 0.03 0.12 0.02 0.10 0.10 0.08 0.12 0.48 0.08 0.40 0.20 5.76 12.44 23.98 2.08 37.03 10.421.39%0.96%2.00%3.85%1.08%1.92%SFL Equity 0.22 0.88 10.828.13%CPLP EquityGLOP EquityHMLP EquityKNOP EquityNMM Equity 0.15 0.01 0.01 0.52 0.05 0.60 0.04 0.04 2.08 0.20 16.32 6.80 9.07 16.88 27.603.68%0.59%0.44%12.32%0.72%* ZIM’s dividend fluctuates based on quarterly net income.10
Monday, June 13, 2022(Week 24)Capital Link ShippingWeekly Markets ReportCAPITAL MARKETS DATAPreferred Shipping StocksStock Prices as of June 10, 2Current igh150perpetual7.25% 25.00 4.1543.67%-13.90% 2.56 24.66ALIN-PB125perpetual8.50% 25.00 4.2250.36%-6.22% 2.80 25.40Altera Infrastructure L.P. Series EALIN-PE120perpetual8.875% 25.00 4.1253.85%-8.44% 2.80 25.79Altlas Corp. Series DATCO-PD177.29perpetual7.95% 25.00 25.057.93%-1.47% 24.29 26.80Altlas Corp. Series HATCO-PH225perpetual7.875% 25.00 25.087.85%-0.63% 24.41 26.00Altlas Corp. Series IATCO-PI150perpetual8.00% 25.00 25.817.75%-1.07% 25.25 28.40Costamare Series BCMRE-PB50perpetual7.625% 25.00 25.497.48%0.83% 24.75 26.97Costamare Series CCMRE-PC100perpetual8.50% 25.00 25.308.40%-1.36% 24.75 26.99Costamare Series DCMRE-PD100perpetual8.75% 25.00 25.808.48%0.94% 25.12 27.71Costamare Series ECMRE-PE115perpetual8.875% 25.00 25.328.76%-1.38% 25.25 28.501.06% 25.02 27.961.33% 14.58 26.71TickerAmountIssued( m)Altera Infrastructure L.P. Series AALIN-PAAltera Infrastructure L.P. Series BCompanyDiana Shipping Series BDSX-PB65perpetual8.875% 25.00 25.998.54%Dynagas LNG Partners ADLNG-PA75perpetual9.000% 25.00 24.649.13%Dynagas LNG Partners BDLNG-PB55perpetual8.75% 25.00 23.809.19%0.21% 13.89 26.00GasLog Series AGLOG-PA115perpetual8.75% 25.00 25.388.62%-1.39% 23.36 26.40Gaslog Partners Series AGLOP-PA143.75perpetual8.63% 25.00 25.528.45%-1.87% 23.77 26.60Gaslog Partners Series BGLOP-PB115perpetual8.20% 25.00 25.418.07%-1.32% 22.28 25.99Gaslog Partners Series CGLOP-PC100perpetual8.50% 25.00 25.508.33%-1.60% 22.80 26.10Global Ship Lease Series BGSL-PB35perpetual8.75% 25.00 25.808.48%-1.23% 25.26 26.99Golar LNG Partners Series AGMLPP138perpetual8.75% 25.00 18.8911.58%-0.05% 14.00 25.75Hoegh LNG Partners Series AHMLP-PA115perpetual8.75% 25.00 23.289.40%-1.98% 15.83 26.75Navios Maritime Holdings Series GNM-PG50perpetual8.75% 25.00 18.130.00%-1.63% 6.92 19.98Navios Maritime Holdings Series HNM-PH120perpetual8.63% 25.00 18.720.00%1.74% 7.17 19.52Safe Bulkers Series CSB-PC57.5perpetual8.00% 25.00 25.407.87%-0.55% 24.92 26.00Safe Bulkers Series DSB-PD80perpetual8.00% 25.00 25.557.83%0.30% 24.56 26.25Teekay LNG Partners Series ATGP-PA125perpetual9.00% 25.00 25.028.99%-1.23% 21.31 26.20Teekay LNG Partners Series BTGP-PB170perpetual8.50% 25.00 25.108.47%-2.18% 19.62 27.89Tsakos Energy Series DTNP-PD85perpetual8.75% 25.00 24.478.94%-0.53% 22.65 25.14Tsakos Energy Series ETNP-PE115perpetual9.250% 25.00 24.059.62%-0.82% 23.00 25.09Tsakos Energy Series FTNP-PF150perpetual9.50% 25.00 24.499.70%-0.45% 23.24 25.18(1) Annual dividend percentage based upon the liquidation preference of the preferred shares.11* Prices reflected are since inception date:
Monday, June 13, 2022(Week 24)Capital Link ShippingWeekly Markets ReportCAPITAL MARKETS DATAIndicesWeek ending June 10, 2022BALTIC INDICESIndexSymbol6/10/20226/1/2022% ChangeYTD %Change1/4/2022Baltic Dry IndexBDIY Index2,320.002,633.00-11.891.532285Baltic Capesize IndexBCI14 Index2,371.002,927.00-19.000.892350Baltic Panamax IndexBPIY Index2,629.002,851.00-7.79-8.522874Baltic Supramax IndexBSI58A Index2,495.002,703.00-7.7012.952209Baltic Handysize IndexBHSI Index1,417.001,595.00-11.160.711407Baltic Dirty Tanker IndexBIDY Index1,126.001,104.001.9955.96722Baltic Clean Tanker IndexBITY Index1,513.001,407.007.53124.15675TRANSPORTATION ange%52 weekhigh52 weeklow1/3/2022Castor Maritime Inc.Genco Shipping & Trading LtdDiana Shipping IncEurodryEagle Bulk Shipping IncFreeSeas IncGlobus Maritime LtdGolden Ocean GroupGrindrod ShippingNavios Maritime Holdings IncNavios Maritime Partners LPPangaea Logistics Solutions Ltd.Paragon Shipping IncSafe Bulkers IncSeanergy MaritimeStar Bulk Carriers GNFSBSHIPSBLK 1.69 22.33 5.44 23.43 63.45 0.00 2.30 13.39 21.56 3.03 27.60 6.04 0.00 4.42 1.05 26.96 1.96 26.30 6.35 28.08 76.10 0.00 2.34 15.72 27.31 3.37 31.22 6.90 0.00 4.92 1.18 1.44%-17.07% 3.34 26.93 6.54 42.75 76.47 0.01 5.54 16.06 28.88 9.13 36.49 6.90 0.04 5.28 1.55 33.60 1.08 14.02 3.42 17.00 36.90 0.00 1.66 7.68 9.36 2.87 21.47 3.51 0.00 3.10 0.86 17.34 1.53 16.45 4.23 19.78 45.95 0.00 2.26 9.80 18.10 4.21 26.29 3.85 0.00 3.87 0.93 23.62TANKERSTicker6/10/20226/3/2022Change %52 wk high52 wk low1/3/2022Ardmore Shipping CorpDHT Holdings IncEuronav NVFrontline Ltd/BermudaInternational SeawaysKnot Offshore PartnersNordic AmericanOverseas ShipholdingPerformance Shipping IncPyxis TankersScorpio Tankers IncTeekay Tankers LtdTop ShipsTorm PLCTsakos Energy Navigation MDTNP 7.62 5.76 12.44 9.32 23.98 16.88 2.08 2.16 0.74 2.91 37.03 20.66 0.52 13.46 10.42 7.76 6.09 13.49 10.40 24.45 17.63 2.18 2.26 0.67 2.65 35.60 20.95 0.64 14.02 .42%11.15%9.81%4.02%-1.38%-18.13%-3.99%-6.13% 8.07 7.08 13.57 11.43 24.90 20.33 3.54 2.88 5.98 4.00 37.33 21.66 1.85 14.45 13.13 3.15 4.77 7.75 6.41 13.74 12.73 1.41 1.66 0.66 1.62 11.70 10.22 0.46 6.66 7.01 3.62 5.38 9.13 7.57 15.24 14.69 1.94 1.92 3.90 2.01 13.95 11.72 0.93 8.18 7.8612Three MonthAvg. ,7183,231,0132,627,3763-Month Avg. 0,469427,685251,465
Monday, June 13, 2022(Week 24)Capital Link ShippingWeekly Markets ReportCONTAINERSCAPITAL MARKETS DATATicker6/10/20226/3/2022Change %52 wk high52 wk low1/3/20223-Month Avg. Vol.Atlas Corp.ATCO 12.37 13.27-6.78% 16.32 11.80 14.25Box Ships IncTEUFF 0.00 0.000.00% 0.01 0.00 0.00454Capital Product Partners LPCPLP 16.32 16.061.62% 18.76 10.98 15.92105,390Costamare IncCMRE 12.72 14.53-12.46% 17.69 10.00 12.841,096,852Danaos CorpDAC 71.04 84.35-15.78% 106.64 62.14 72.75461,633EuroseasESEA 28.09 33.39-15.87% 38.21 17.68 25.6689,640Global Ship Lease IncGSL 20.89 23.06-9.41% 29.43 16.14 23.281,172,159ZIM Integrated ShippingZIM 52.13 67.70-23.00% 88.62 34.62 56.766,116,459LPG/LNGTicker6/10/20226/3/2022Change %52 wk high52 wk low1/3/2022Dynagas LNG PartnersDorianFlex LNG LtdGaslog PartnersGolar LNG LtdHoegh LNG PartnersNavigator GasStealthGas IncDLNGLPGFLNGGLOPGLNGHMLPNVGSGASS 3.81 16.86 26.74 6.80 23.80 9.07 12.81 3.58 4.24 18.07 29.74 6.15 26.03 9.06 14.37 19% 4.39 18.15 32.63 7.07 26.66 18.06 15.05 4.07 2.63 11.36 13.04 3.06 10.21 3.93 7.93 1.95 2.87 13.07 22.20 4.43 13.14 4.51 9.10 2.26MIXED FLEETTicker6/10/20226/3/2022Change %52 wk high52 wk low1/3/2022744,6853-Month Avg. 4,857269,4633-Month Avg. Vol.Atlas Corp.ATCO 12.37 13.27-6.78% 16.32 11.80 14.25744,685Navios Maritime Holdings IncNM 3.03 3.37-10.09% 9.13 2.87 4.21244,452Ship Finance International LtdSFL 10.82 11.40-5.09% 11.49 6.72 8.551,025,215Teekay CorpTK 3.32 3.46-4.05% 4.10 2.62 3.29452,594MLPsTicker6/10/20226/3/2022Change %52 wk high52 wk low1/3/2022Capital Product PartnersDynagas LNG PartnersGasLog PartnersHoegh LNG PartnersKNOT Offshore PartnersNavios PartnersCPLPDLNGGLOPHMLPKNOPNMM 16.32 3.81 6.80 9.07 16.88 27.60 16.06 4.24 6.15 9.06 17.63 31.221.62%-10.14%10.57%0.11%-4.25%-11.60% 18.76 4.39 7.07 18.06 20.33 36.49 10.98 2.63 3.06 3.93 12.73 21.47 15.92 2.87 4.43 4.51 14.69 26.29Oslo-Listed Shipping Comps(currency in NOK)Ticker6/10/20226/3/2022Change %52 wk high52 wk low1/3/2022Golden OceanStolt-Nielsen Ltd.Frontline Ltd.MPC ContainersJinhui Shpg. & TransOdfjell (Common A Share)American Shipping .55133-Month Avg. nth Avg. 39,297
Monday, June 13, 2022(Week 24)Capital Link ShippingWeekly Markets ReportCAPITAL MARKETS DATAShipping Equities: The Week in ReviewSHIPPING EQUITIES UNDERPERFORMED THE BROADER MARKETShipping equities underperformed the indices last week, with the Capital Link Maritime Index (CPLMMARI) -- a compositeindex of all US listed shipping stocks – down 17.59%, compared to the S&P 500 (SPX) which went down 5.05%, Nasdaq(CCMP) down 5.60%, and Dow Jones Industrial Average (INDU) down 4.58%.The Capital Link Maritime Indices were negative this past week with all of the seven indices closing in the red. The bestperformer was the Tanker Index (CPLMTANK) with a loss of 0.47%, while the Container Index (CPLMCONT) was theworst perfo
Tanker Newbuilding Prices Dry Bulk Newbuilding Prices Demolition Market Wet Scrap Prices Dry Scrap Prices Indicative Wet Prices ( /ldt) last 5 years 10 Jun 03 Jun % Min Avg Max Indian Sub Continent Bangladesh 630 630 0.0% 310 453 680 India 640 640 0.0% 295 444 690 Pakistan 620 620 0.0% 300 448 680 Far East Asia China - - 160 236 300 Mediterranean
