All valuations and prices in USD millions
VV Matrix
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VV Matrix Sat 19th May 2012

20122011201020092008200720062005200420032002199719921987
Bulkers Cape ****
180k
****
180k
****
180k
****
180k
****
180k
****
180k
****
180k
****
180k
****
180k
****
175k
****
175k
****
170k
****
150k
****
140k
Pmax ****
80k
****
80k
****
80k
****
80k
****
80k
****
75k
****
75k
****
75k
****
75k
****
75k
****
75k
****
75k
****
70k
****
65k
Supra / Hmax ****
60k
****
60k
****
55k
****
55k
****
55k
****
55k
****
55k
****
55k
****
55k
****
50k
****
50k
****
48k
****
45k
****
42k
Handy ****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
****
30k
Containers ULCV ****
16,000
****
16,000
****
16,000
****
15,000
****
15,000
****
15,000
****
15,000
****
--
****
--
****
--
****
--
****
--
****
--
****
--
New Pmax ****
13,000
****
13,000
****
13,000
****
12,000
****
11,000
****
10,000
****
10,000
****
--
****
--
****
--
****
--
****
--
****
--
****
--
Post Pmax ****
7,000
****
7,000
****
7,000
****
7,000
****
7,000
****
7,000
****
7,000
****
7,000
****
7,000
****
6,500
****
6,500
****
5,500
****
4,500
****
--
Pmax ****
4,250
****
4,250
****
4,250
****
4,250
****
4,250
****
4,250
****
4,250
****
4,250
****
4,250
****
4,000
****
4,000
****
4,000
****
3,750
****
3,750
Sub Pmax ****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
****
2,500
Handy ****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
****
1,400
Fmax ****
750
****
750
****
750
****
750
****
750
****
750
****
750
****
750
****
750
****
750
****
750
****
750
****
750
****
750
Tankers VLCC ****
310k
****
310k
****
310k
****
310k
****
310k
****
310k
****
310k
****
310k
****
305k
****
305k
****
305k
****
300k
****
285k
****
250k
Suez ****
160k
****
160k
****
160k
****
160k
****
160k
****
160k
****
160k
****
160k
****
155k
****
155k
****
155k
****
145k
****
145k
****
130k
Afra ****
110k
****
110k
****
110k
****
110k
****
110k
****
110k
****
110k
****
110k
****
105k
****
105k
****
105k
****
105k
****
100k
****
95k
LR1 ****
75k
****
75k
****
75k
****
75k
****
75k
****
75k
****
70k
****
70k
****
70k
****
70k
****
70k
****
65k
****
65k
****
65k
MR ****
50k
****
50k
****
50k
****
50k
****
50k
****
50k
****
45k
****
45k
****
45k
****
45k
****
45k
****
45k
****
40k
****
40k
2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 1997 1992 1987
Bulkers
$m / k = thousand DWT
Cape Pmax Supra / Hmax Handy
2012 ****
180k
****
80k
****
60k
****
30k
2011 ****
180k
****
80k
****
60k
****
30k
2010 ****
180k
****
80k
****
55k
****
30k
2009 ****
180k
****
80k
****
55k
****
30k
2008 ****
180k
****
80k
****
55k
****
30k
2007 ****
180k
****
75k
****
55k
****
30k
2006 ****
180k
****
75k
****
55k
****
30k
2005 ****
180k
****
75k
****
55k
****
30k
2004 ****
180k
****
75k
****
55k
****
30k
2003 ****
175k
****
75k
****
50k
****
30k
2002 ****
175k
****
75k
****
50k
****
30k
2001 ****
175k
****
75k
****
50k
****
30k
2000 ****
175k
****
75k
****
48k
****
30k
1999 ****
170k
****
75k
****
48k
****
30k
1998 ****
170k
****
75k
****
48k
****
30k
1997 ****
170k
****
75k
****
48k
****
30k
1996 ****
160k
****
70k
****
48k
****
30k
1995 ****
160k
****
70k
****
45k
****
30k
1994 ****
160k
****
70k
****
45k
****
30k
1993 ****
150k
****
70k
****
45k
****
30k
1992 ****
150k
****
70k
****
45k
****
30k
1991 ****
150k
****
70k
****
45k
****
30k
1990 ****
150k
****
70k
****
42k
****
30k
1989 ****
150k
****
70k
****
42k
****
30k
1988 ****
140k
****
65k
****
42k
****
30k
1987 ****
140k
****
65k
****
42k
****
30k
Cape Pmax Supra / Hmax Handy
Bulkers
$m / k = thousand DWT
Containers
$m / TEU
ULCV New Pmax Post Pmax Pmax Sub Pmax Handy Fmax
2012 ****
16,000
****
13,000
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2011 ****
16,000
****
13,000
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2010 ****
16,000
****
13,000
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2009 ****
15,000
****
12,000
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2008 ****
15,000
****
11,000
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2007 ****
15,000
****
10,000
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2006 ****
15,000
****
10,000
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2005 ****
--
****
--
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2004 ****
--
****
--
****
7,000
****
4,250
****
2,500
****
1,400
****
750
2003 ****
--
****
--
****
6,500
****
4,000
****
2,500
****
1,400
****
750
2002 ****
--
****
--
****
6,500
****
4,000
****
2,500
****
1,400
****
750
2001 ****
--
****
--
****
6,500
****
4,000
****
2,500
****
1,400
****
750
2000 ****
--
****
--
****
6,500
****
4,000
****
2,500
****
1,400
****
750
1999 ****
--
****
--
****
6,500
****
4,000
****
2,500
****
1,400
****
750
1998 ****
--
****
--
****
6,500
****
4,000
****
2,500
****
1,400
****
750
1997 ****
--
****
--
****
5,500
****
4,000
****
2,500
****
1,400
****
750
1996 ****
--
****
--
****
5,500
****
4,000
****
2,500
****
1,400
****
750
1995 ****
--
****
--
****
4,500
****
4,000
****
2,500
****
1,400
****
750
1994 ****
--
****
--
****
4,500
****
3,750
****
2,500
****
1,400
****
750
1993 ****
--
****
--
****
4,500
****
3,750
****
2,500
****
1,400
****
750
1992 ****
--
****
--
****
4,500
****
3,750
****
2,500
****
1,400
****
750
1991 ****
--
****
--
****
4,500
****
3,750
****
2,500
****
1,400
****
750
1990 ****
--
****
--
****
--
****
3,750
****
2,500
****
1,400
****
750
1989 ****
--
****
--
****
--
****
3,750
****
2,500
****
1,400
****
750
1988 ****
--
****
--
****
--
****
3,750
****
2,500
****
1,400
****
750
1987 ****
--
****
--
****
--
****
3,750
****
2,500
****
1,400
****
750
ULCV New Pmax Post Pmax Pmax Sub Pmax Handy Fmax
Containers
$m / TEU
Tankers
$m / k = thousand DWT
VLCC Suez Afra LR1 MR
2012 ****
310k
****
160k
****
110k
****
75k
****
50k
2011 ****
310k
****
160k
****
110k
****
75k
****
50k
2010 ****
310k
****
160k
****
110k
****
75k
****
50k
2009 ****
310k
****
160k
****
110k
****
75k
****
50k
2008 ****
310k
****
160k
****
110k
****
75k
****
50k
2007 ****
310k
****
160k
****
110k
****
75k
****
50k
2006 ****
310k
****
160k
****
110k
****
70k
****
45k
2005 ****
310k
****
160k
****
110k
****
70k
****
45k
2004 ****
305k
****
155k
****
105k
****
70k
****
45k
2003 ****
305k
****
155k
****
105k
****
70k
****
45k
2002 ****
305k
****
155k
****
105k
****
70k
****
45k
2001 ****
300k
****
155k
****
105k
****
70k
****
45k
2000 ****
300k
****
155k
****
105k
****
70k
****
45k
1999 ****
300k
****
150k
****
105k
****
65k
****
45k
1998 ****
300k
****
150k
****
105k
****
65k
****
45k
1997 ****
300k
****
145k
****
105k
****
65k
****
45k
1996 ****
295k
****
145k
****
100k
****
65k
****
45k
1995 ****
295k
****
145k
****
100k
****
65k
****
40k
1994 ****
290k
****
145k
****
100k
****
65k
****
40k
1993 ****
290k
****
145k
****
100k
****
65k
****
40k
1992 ****
285k
****
145k
****
100k
****
65k
****
40k
1991 ****
275k
****
145k
****
100k
****
65k
****
40k
1990 ****
270k
****
145k
****
100k
****
65k
****
40k
1989 ****
265k
****
145k
****
100k
****
65k
****
40k
1988 ****
260k
****
140k
****
100k
****
65k
****
40k
1987 ****
250k
****
130k
****
95k
****
65k
****
40k
VLCC Suez Afra LR1 MR
Tankers
$m / k = thousand DWT

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