Investor Presentaiton
华先華中
CHINA PIONEER
Focal Points of 2H 2021
RCIT 中国航運股份有限公司
Chinese Maritime Transport Ltd.
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Global Economy to Recover This Year
Global economy is expected to grow by 6%
this year as Covid-19 vaccine develops rapidly
and PRC economy continues to improve going
forward
Tension Between PRC and Australia
PRC' s boycott of Australian coal continues
and market is paying close attention to
improvement of bilateral relationships, while
looking for signs of PRC to continue importing
more coal from other exporting countries such
as Indonesia and long haul destinations
PRC's Actions to Curb Inflation
The government vows to restrict sharp rises in
steel and iron ore prices to prevent negative
impact on the economy therefore the market is
following up closely of any further actions
Performance of Sub-cape Bulkers
Sub-cape bulkers have performed well in Q2
due to stronger grain export volumes from
South America. Market is anticipating yet
another spill-over effect to take place in all
bulker segments
Jun/2021 Investor Presentation
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