Investor Presentaiton

Shipping Market Outlook - Supply Newbuildings Ship Scrapping According to IHS Markit, total 88 newbuildings (100-400k DWT) were delivered in 2021 with fleet net growth at 4%; 66 large bulkers (100-400k dwt) are expected to be delivered in 2022 Demolition quantity of large bulkers (100-400k DWT) reached 14 in 2021 while more vintage bulkers are to be recycled this year - 25 units are expected to be scrapped in 2022 RCIT 中国航運股份有限公司 Chinese Maritime Transport Ltd. Mar/2022 Investor Presentation 6

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