Page 72 - Annual Review 2020

Indian National Shipowners’ Association
6.1(b) Newbuilding prices of Tanker & Bulk Carriers
End Tankers
51k 75k 115k 157k
Bulk Carriers
320k 38k 62k
95.0 23.0 25.0 82.0 21.5 24.0 85.0 22.0 24.0 82.0 21.5 23.0 83.0 20.5 22.5 72.5 16.5 18.0 69.0 16.5 20.0 76.5 16.0 20.5 70.0 15.5 18.5 63.5 15.5 19.0 77.0 18.5 24.0
110.0 24.5 30.0 120.0 26.5 30.5 129.0 29.5 36.5 146.0 38.0 48.0 150.0 32.5 42.0 101.0 25.0 30.5 105.0 26.5 31.0
99.0 22.5 27.0 93.0 21.0 24.3 94.0 22.3 26.5 97.0 23.0 27.0 93.5 20.5 24.3 84.5 19.5 22.3 81.5 22.0 24.0 92.5 24.0 26.0 88.0 19.5 22.3 86.0 19.5 22.3 86.0 19.5 22.3 85.0 19.5 22.3 85.0 19.5 22.3 85.0 19.5 22.3 84.5 19.5 22.3 82.0 19.5 22.3 81.0 19.5 22.3 80.0 20.0 23.0 80.0 21.5 23.5 80.5 21.5 23.5 81.0 21.5 23.5 81.0 21.0 23.0 81.0 21.0 23.0 81.0 21.0 23.0 81.0 21.5 23.5 81.0 21.8 24.0 81.5 22.0 24.0 83.0 22.0 24.0 84.5 22.3 24.3 86.0 22.5 24.5 87.0 22.5 24.5 87.0 23.0 25.0 88.5 23.5 25.5 89.5 23.5 25.5 90.0 24.0 26.0 91.0 24.0 26.0 92.5 24.0 26.0 92.5 24.0 26.0 92.5 24.0 26.0 93.0 24.0 26.0 93.0 24.0 26.0 93.0 24.0 26.0 93.0 24.0 26.0 93.0 24.0 26.0 93.0 24.0 26.0 92.5 24.0 26.0 92.5 24.0 26.0
81k 180k
28.5 46.0 28.0 42.0 28.5 42.5 26.5 39.0 27.0 40.5 20.0 33.0 22.0 35.0 22.5 40.5 20.5 36.0 21.5 36.3 27.0 48.0 36.0 64.0 36.0 59.0 40.0 68.0 55.0 97.0 46.5 88.0 35.5 56.0 36.5 57.0 30.0 48.5 26.5 46.0 29.5 53.5 30.0 54.0 26.5 46.0 24.5 42.0 25.5 44.0 28.0 50.0 24.3 42.0 24.3 42.0 24.3 41.8 24.5 42.0 24.5 42.0 24.5 42.0 24.5 42.0 24.5 42.0 24.5 42.0 24.8 42.0 25.0 42.5 25.0 42.5 25.0 42.5 24.5 42.5 24.5 42.5 24.5 42.5 25.0 43.0 25.5 44.0 25.5 44.0 25.5 44.0 25.8 44.5 26.5 46.0 26.5 47.0 27.0 47.5 27.5 48.0 27.5 48.0 28.0 48.0 28.0 49.3 28.0 50.0 28.0 50.0 28.0 50.0 28.0 51.0 28.0 51.0 28.0 51.0 28.0 51.0 28.0 51.0 28.0 51.0 28.0 51.0 28.0 51.0
Index
Yr/Yr % change
1993 32.0 1994 32.0 1995 33.5 1996 31.5 1997 31.5 1998 26.0 1999 26.0 2000 29.5 2001 26.3 2002 27.0 2003 31.5 2004 40.0 2005 43.0 2006 47.0 2007 52.5 2008 47.5 2009 35.0 2010 36.5 2011 35.5 2012 34.0 2013 34.8 2014 36.8 2015 35.5 2016 32.5 2017 33.8 2018 36.5
2016 Jun 33.3 Jul 33.3 Aug 33.3 Sep 33.0 Oct 33.0 Nov 33.0 Dec 32.5 2017 Jan 32.5 Feb 32.5 Mar 32.5 Apr 32.5 May 33.5 Jun 33.5 Jul 33.5 Aug 33.5 Sep 33.5 Oct 33.5 Nov 33.5 Dec 33.8 2018 Jan 34.5 Feb 35.0 Mar 35.3 Apr 35.3 May 35.3 Jun 35.3 Jul 35.5 Aug 35.8 Sep 36.0 Oct 36.0 Nov 36.5 Dec 36.5 2019 Jan 36.5 Feb 36.5 Mar 36.5 Apr 36.5 May 36.5 Jun 36.5 Jul 36.5 Aug 36.5
44.0 62.0 41.0 51.0 43.5 54.0
37.5 40.5 51.0 37.0 41.0 52.0 31.0 34.5 44.0 31.0 33.0 42.5 36.0 41.5 52.5 32.0 36.0 46.5 31.3 34.8 43.8 37.5 41.5 51.5 48.0 59.0 71.0 50.0 58.5 71.0 58.5 65.5 80.5 63.5 72.5 90.0 61.5 75.0 91.0 45.5 49.0 62.5 45.5 57.0 66.8 44.0 52.5 60.5 41.5 48.0 56.5 43.0 52.3 59.5 46.0 54.0 65.0 45.0 52.0 63.0 41.0 44.5 54.5 41.5 44.0 55.0 44.0 48.0 60.5 42.3 48.0 58.0 42.0 46.8 56.8 41.5 46.0 56.0 41.0 45.0 55.0 41.0 45.0 55.0 41.0 45.0 55.0 41.0 44.5 54.5 41.0 43.5 53.5 41.0 43.5 53.5 41.0 43.0 53.0 41.0 43.0 53.0 41.5 43.0 53.0 41.5 43.0 54.0 41.5 43.0 54.0 41.5 43.0 54.0 41.5 43.0 54.0 41.5 43.0 54.0 41.5 44.0 54.5 41.5 44.0 55.0 42.5 45.0 56.0 43.0 45.0 57.0 43.0 45.5 58.5 43.0 45.5 58.5 43.0 46.0 58.5 43.3 47.0 59.0 43.5 47.5 59.0 43.8 47.8 60.0 44.0 48.0 60.0 44.0 48.0 60.5 44.0 48.0 60.5 44.0 48.0 60.5 44.5 48.5 61.5 44.5 48.5 61.5 44.5 48.5 61.5 44.5 48.5 61.5 44.5 48.5 61.5 44.5 48.5 61.5 44.5 48.5 61.5 44.5 48.5 61.5
146 -1.3% 134 -8.3% 140 5.1% 133 -5.7% 131 -1.5% 111 -15.1% 107 -3.2% 115 7.1% 109 -5.0% 106 -2.6% 119 12.4% 150 25.9% 163 8.1% 169 4.1% 185 9.4% 178 -4.0% 138 -22.3% 142 3.2% 139 -2.4% 126 -9.2% 133 5.5% 138 3.4% 131 -4.9% 123 -6.4% 125 1.8% 130 4.1% 126 -5.3% 125 -5.5% 126 -5.8% 125 -6.4% 124 -6.1% 124 -5.4% 123 -6.4% 122 -6.9% 122 -7.0% 121 -6.9% 122 -6.5% 123 -4.8% 123 -2.8% 123 -1.8% 124 -1.3% 124 -0.4% 124 0.3% 125 0.7% 125 1.8% 125 3.5% 127 3.9% 127 5.0% 128 5.1% 127 3.6% 128 4.1% 128 4.2% 129 4.3% 130 4.6% 130 4.3% 130 4.3% 130 4.1% 130 3.5% 131 3.1% 131 2.8% 131 2.4% 131 2.7% 131 2.2% 131 1.6% 130 0.7%
Index: January 1988 = 100
Tanker prices are for Double Hulls, except where specified. Source: Clarkson Research Services - Autumn 2019
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