DSX data - Ves el Sister Ships Com Charterer Notes Panamax...

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Unformatted text preview: Ves el Sister Ships* Com** Charterer Notes Panamax Ves els CORONIS 74,381 C $24,000 $0.32 5.00% 6-Apr-10 1 of hire for drydocking ERATO 74,444 C $20,500 $0.28 5.00% 4-Mar-10 NAIAS 73,546 B $19,750 $0.27 5.00% 24-Sep-10 CLIO 73,691 B $25,000 $0.34 5.00% 8-May-10 CALIPSO 73,691 B $23,000 $0.31 5.00% 4-Sep-10 PROTEFS 73,630 B $59,000 $0.80 5.00% 18-Sep-08 THETIS 73,583 B $13,750 $0.19 5.00% 11-Feb-11 march 2012 This contract was just signed. Previously 23,000/day, signed in 3/10 DIONE 75,172 A $20,500 $0.27 5.00% 26-Sep-10 DANAE 75,106 A $15,600 $0.21 5.00% 7-Apr-11 Apr-13 OCEANIS 75,211 A $19,750 $0.26 5.00% 17-Sep-10 TRITON 75,336 A $19,500 $0.26 5.00% 10-Oct-09 17-Nov-10 3 ALCYON 75,247 A $34,500 $0.46 4.75% 21-Feb-08 NIREFS 75,311 A $21,000 $0.28 5.00% 12-Feb-10 MELITE 76,436 $16,500 $0.22 5.00% 11-Jan-11 Jan 2013 Contract was just signed, previously 24,250 singed 1/10 Post-Panamax Ves els EAST SUNRISE 88 93,193 $20,250 $0.22 5.00% 30-Nov-10 6 Capesize Ves els NORFOLK 164,218 $74,750 $0.46 3.75% 12-Feb-08 ALIKI 180,235 $26,500 $0.15 5.00% 11-Mar-11 Feb-16 SALT LAKE CITY 171,810 0.1148197903 $55,800 $0.32 5.00% 31-Dec-99 7 SIDERIS GS 174,186 D $30,500 $0.18 5.00% nov 10 feb 2013 SEMIRIO 174,261 D $17,350 $0.10 5.00% 1-Apr-11 Apr-13 BOSTON 177,828 D $52,000 $0.29 5.00% 13-Nov-07 9 HOUSTON 177,729 D $55,000 $0.31 4.75% 3-Nov-09 10 NEW YORK 177,773 D $48,000 $0.27 3.75% 3-Mar-10 Ship U ptim e 98.5% historical y this is 98.5% Daily Vessel Opera 6500 crewing costs, interest, repairs, insurance- note this is average across dif erent ships categories Ships 24 Key: = revenue under contract Ship Lifetim e 30 Based on ships being scrapped today = estim ated scap value Depreciation T im e 25 ir el evant, they don't pay incom e taxes Scrap value $300.00 per lightweight ton Panam ax T ons 25,000 for scap calculations Cur ent # NAM E? Post-pana T ons 30,000 guess, website did not have actual num bers Share Price $8.94 Capesize T ons 58,000 Exp. Return # NAM E? Future DW T price see rows 52 and 73 Voyage Expenses/R 5.0% this is essential y the com m ission paid to brokers. Historical y closer to 4.5% DW T G rowth 3.0% 6387500 319375 Expense G rowth 3.0% 3193750 Discount rate 10.2% $1,474,192.80 SG & A as % Revenu 9.9% last year's rate Avg. drydock costs/ $- assum ing drydock repairs every three years. Shares Outstanding 91,950,000 $147,120,000.00 DW T price 0.15 0.15 0.16 0.1648 0.169744 0.17483632 0.1800814096 0.1854838519 0.1910483674 0.1967798185 0.202683213 0.2087637094 0.2150266207 0.2214774193 0.2281217419 0.2349653942 0.242014356 0.2492747867 0.2567530303 0.2644556212 0.2723892898 0.2805609685 0.2889777975 0.2976471315 0.3065765454 0.3157738418 0.325247057 0.3350044687 0.3450546028 0.3554062409 $191,120,000.00 2.0785 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Ship N am e Class Yr. B lt dw t 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036...
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  • Spring '11
  • george
  • Finance, Panamax, Capesize, Capesize Capesize Capesize Capesize Capesize Capesize Capesize Capesize, Capesize Capesize Capesize, Cargill International S.A., Capesize Capesize Capesize Capesize Capesize Capesize Capesize

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DSX data - Ves el Sister Ships Com Charterer Notes Panamax...

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