MacGregor TTS Acquisition Overview slide image

MacGregor TTS Acquisition Overview

Market Environmental regulations & global economy uncertainties dragging short term investment, mega mergers in Asia, European yards retaining big value stake Global Contracting Activity (1st September 2019) No. Builder country split YTD 1st Sep 2019 m. CGT TOTAL (>2,000 Dwt/GT**) 2017 2018 2019ytd 2017 1,264 1,324 487 29.6 2018 2019yt 2017 m. CGT 2018 2019ytd 3% 5% 6% 10% 13% 34.7 13.5 29.6 34.7 13.5 28% Vessel Type Bulkers 424 463 129 9.1 9.6 2.9 9.1 9.6 2.9 38% Tankers 376 266 124 8.5 6.3 3.1 8.5 6.3 3.1 44% Containerships 147 213 56 4.0 6.2 1.4 4.0 6.2 1.4 29% Gas Carriers 48 123 57 1.8 6.8 3.0 1.8 6.8 3.0 Offshore 47 56 14 0.8 1.0 0.5 0.8 1.0 0.5 Others 222 203 107 5.4 4.7 2.7 5.4 4.7 2.7 25% 34% Builder Country/Region 30% China 598 517 212 4.8 12.1 5.1 4.8 12.1 5.1 16% 12% South Korea 203 288 120 2.2 7.8 4.6 2.2 7.8 4.6 8% Japan 215 376 80 2.4 3.5 1.6 2.4 3.5 1.6 Nbr of Ships Value CGT 487 ships $37.8b 13.5m Europe 99 93 51 3.7 4.0 1.7 3.7 4.0 1.7 Other 149 50 24 16.5 7.3 0.4 16.5 7.3 0.4 ■Japan Korea ■China ■Europe Others Source: Clarksons Rsearch, Aug 2019 actual, March 2019 forecast MACGREGOR 6
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