Investor Presentaiton slide image

Investor Presentaiton

Shipping Market Outlook Demand Market Mechanism Supply Iron Ore- Brazilian exports decrease due to dam collapsing incident while PRC demand remains stable with -2% y-o-y drop Coal- PRC domestic production increases while market expects drop in steam coal imports but coking coal imports to remain stable NBs to be PRC Jan-Jun 91 cape 2019 import -6% y-o-y PRC Jan-Jun 2019 import +6% y-o-y delivered in 2019 23 Vessels scrapped between Jan-Jun 2019 Newbuildings- newbuilding deliveries remain high with 31 ships joining fleet in 1H 2019; fleet to grow by 2% this year Tonnage Supply- Vintage VLOCs' scrapping and slow-steaming will be key to market' s supply-demand balance Source: Clarksons Platou CHT 中國航運股份有限公司 Chinese Maritime Transport Ltd. 2019 Investor Presentation 4
View entire presentation