Investor Presentaiton

Capesize Newbuilding Orders Capesize Orderbook for delivery % of Fleet (Dwt) No. 120 100 80 60 40 20 20 100% 87% 81% 80% 60% 38% 40% 20% 0% Actual 2H2019 2019 2020 2021 delivery 1H2019 Source: Clarksons Platou 91% Dry Bulk New Ship Ordering 62% 37% 24% 21% 17% 18% 13% 15% 16% 15% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Jun Capesize Ordering (100,000 + dwt) Total Bulk Fleet Ordering ORDERBOOK AS % AVERAGE AGE OVER 20 YEARS OLD OF EXISTING FLEET 1H19 SCRAPPING AS % OF EXISTING FLEET (ANNUALIZED) Handysize 5% 11.3 13% 0.30% (10,000 40,000 dwt) Handymax (incl. Supramax & Ultramax) 8% 9.3 7% 0.20% (40,000 - 65,000 dwt) Panamax (incl, Kamsarmax) 11% 9.7 7% 0.09% (65,000 100,000 dwt) Capesize 15% 8.5 5% 1.06% (100,000+ dwt) Total Dry Bulk > 10,000 dwt 11% 9.9 7% 0.53% CHT 中國航運股份有限公司 Chinese Maritime Transport Ltd. 2019 Investor Presentation 12 112

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