Shipping supply chartpack 2016 Sample: Container, Tanker, Dry Bulk

40
This report has been produced for general information. Whilst care has been taken in the production of this report, no liability or responsibility can be accepted for any loss incurred in any way whatsoever by any person who may seek to rely on the information contained herein. Shipping Supply Chartpack 2016 update Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Transcript of Shipping supply chartpack 2016 Sample: Container, Tanker, Dry Bulk

Page 1: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

This report has been produced for general information. Whilst care has been taken in the

production of this report, no liability or responsibility can be accepted for any loss incurred in any

way whatsoever by any person who may seek to rely on the information contained herein.

Shipping Supply Chartpack

2016 update

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 2: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Fleet Delivery & Orderbook by Shiptype

Fleet Delivery & Orderbook by Shipyard

2※ Source: Clarkson, HJS

22

16

63

17 17

48

19 19

49

33

10

4748

19

58

26

12

19

3 2

8

1 20

0

10

20

30

40

50

60

70

Tanker Container Bulker

Mdw

t

2013

2014

2015

2016

2017

2018

2019

2020

42

25

3235

23 23

37

22

27

33

22

34

57

29

36

28

19

96 7

03

0

10

20

30

40

50

60

70

China Japan Korea

MD

WT

2013

2014

2015

2016

2017

2018

2019

2020

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Page 3: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Bulk Fleet Size Distribution

Scrap by Ship type

3※ Source: Clarkson, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 4: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

This report has been produced for general information. Whilst care has been taken in the

production of this report, no liability or responsibility can be accepted for any loss incurred in any

way whatsoever by any person who may seek to rely on the information contained herein.

Container

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Page 5: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Containership Delivery in TEU

Containership Delivery in Number

5※ Source: Clarkson, HJS

481440

353

73

637

541

241

70

762701

116 99

473

328

8

94

0

100

200

300

400

500

600

700

800

900

Megaship Neo PMX PMX Feeder

1,0

00 T

EU

2013 2014 2015 2016

34

50

75

4742

58

5054

46

75

25

65

2934

2

61

0

10

20

30

40

50

60

70

80

Megaship Neo PMX PMX Feeder

NUM

BER

2013 2014 2015 2016

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Page 6: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Mega Containership Delivery in Number

Mid-small Containership Delivery in Number

6※ Source: Clarkson, HJS

35

38

3536

4

22

14

20

3

10

40

26

14

27

13

5

11

0

5

10

15

20

25

30

35

40

45

China Japan Korea China Korea

Megaship(12,000TEU+) Neo PMX(8,000-12,000TEU)

In Service - 2015

In Service - 2016

On Order - 2017

On Order - 2018

25

54

11

2

50

11

27

116

4

11

66

3

0

20

40

60

80

100

120

140

PMX(3,000-8,000TEU) Feeder(1,000-3,000TEU) Feeder(100~1,000TEU)

PMX Feeder

In Service - 2015

In Service - 2016

On Order - 2017

On Order - 2018

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Page 7: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Container Fleet Size Distribution

Recycled Containership Size & Age Distribution

7※ Source: R_Chart, Clarkson,

ContainerScrap

20152016

Jan-Oct

Av. Age 23.3 18.78

TEU 193,253 503,750

No. 92 151

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Page 8: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Container Fleet by Size

Container Fleet by Age

8※ Source: Clarkson, HJS

01,000,0002,000,0003,000,0004,000,0005,000,0006,000,0007,000,0008,000,000

(TEU) Feeder PMX Wide PMX Neo PMX Megaship

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

On Order 0-4 years 5-9 years 10-14 years 15-19 years 20+ years

(TEU) Feeder(1,000-3,000TEU) PMX(3,000-8,000TEU)

Neo PMX(8,000-12,000TEU) Megaship(12,000TEU+)

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Page 9: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Container Delivery Monthly in TEU

Container Scrap Monthly in TEU

9※ Source: Clarkson, HJS

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10

2014 2015 2016

(TEU)

Feeder(1,000-3,000TEU) Feeder(100~1,000TEU)

PMX(3,000-8,000TEU)

0

50,000

100,000

150,000

200,000

250,000

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10

2014 2015 2016

(TEU)

Megaship(12,000TEU+) Neo PMX(8,000-12,000TEU)PMX(3,000-8,000TEU) Feeder(1,000-3,000TEU)

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Page 10: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Container Orderbook by Country

Container Fleet Outlook

10※ Source: Clarkson, HJS

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

2016 2017 2018 2016 2017 2018 2019 2016 2017 2018 2019

Korea China Japan Others

(TEU)

Megaship

Neo PMX

PMX

Feeder

10%12%

10%9%10%

13%

17%14%13%

6%

10%8%

6% 5% 7%8%

2%4%

-10%

0%

10%

20%

30%

-1,000

-500

0

500

1,000

1,500

2,000

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015e

2016f

2017f

TE

U

Container Deliveries Container Demolition

Removal

Delivery

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Page 11: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

This report has been produced for general information. Whilst care has been taken in the

production of this report, no liability or responsibility can be accepted for any loss incurred in any

way whatsoever by any person who may seek to rely on the information contained herein.

Tanker

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Page 12: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Tanker Delivery in Dwt

Tanker Delivery in Number

12※ Source: Clarkson, HJS

9.5

4.7

1.9

0.7

7.6

1.31.9

0.3

6.2

1.7

3.3

0.2

14.0

4.2

5.8

1.3

0

2

4

6

8

10

12

14

16

VLCC Suezmax Aframax Panamax Tanker

Mdw

t

2013 2014 2015 2016

30 31

18

10

24

8

17

4

20

11

30

3

46

27

52

18

0

10

20

30

40

50

60

VLCC Suezmax Aframax Panamax Tanker

NUM

BER

2013 2014 2015 2016

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Page 13: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Crude Tanker Delivery & Orderbook in Number

Product Tanker Delivery & Orderbook in Number

13※ Source: Clarkson, HJS

20

11

31

46

25 24

2

54

71

46

4

44

16

39

0

10

20

30

40

50

60

70

80

VLCC(200k+) Suezmax(120-200k) Aframax(80-120k) Panamax(60-80k)

Crude

In Service - 2015

In Service - 2016

On Order - 2017

On Order - 2018

27

2

117

78

30

16

101

55

43

26

97

82

916

22

14

0

20

40

60

80

100

120

140

LR2(80-120k) LR1(60-80k) MR(30-60k) Handy(10~30k)

Products

In Service - 2015

In Service - 2016

On Order - 2017

On Order - 2018

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Page 14: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Tanker Fleet Size Distribution

Tanker Fleet Outlook

14※ Source: Clarkson, HJS

2%

-2%

2%

3%

6%

7%

6% 6%5%

8%

4%

6%

4%

2% 1%

3%

5%5%

-5%

0%

5%

10%

(30)

(20)

(10)

0

10

20

30

40

50

60

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015e

2016f

2017f

Mil

lio

n d

wt

of

Ve

ssel

s

Tanker Deliveries Tanker Demolition

Removal

Delivery

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Page 15: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Tanker Fleet in No.

Tanker Orderbook in Number

15

0

50

100

150

200

250

Pre

-95

199

6

199

7

199

8

199

9

200

0

200

1

200

2

200

3

200

4

200

5

200

6

200

7

200

8

200

9

2010

2011

2012

2013

2014

2015

2015

No

v

2016

2017

2018

On service On Order

(No.)

Panamax Tanker

Aframax

Suezmax

VLCC

※ Source: Clarkson, HJS

0

20

40

60

80

100

120

140

2015 2016 2017 2018 2015 2016 2017 2018 2015 2016 2017 2018 2015 2016 2017 2018

China Japan Korea Others

(No.)

Panamax TankerAframaxSuezmaxVLCC

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Page 16: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Tanker Fleet by Size

Tanker Fleet by age

16

0

50

100

150

200

250(Million Dwt)

PMX Tanker VLCC

Handy Tanker Suezmax

Aframax

※ Source: Clarkson, HJS

0

50

100

150

200

250

0-4 years 5-9 years 10-14 years 15-19 years 20+ years On Order

Mil

lio

n D

wt

VLCC Suezmax

PMX Tanker Handy Tanker

Aframax

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Page 17: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Tanker Orderbook by Yard

Tanker Orderbook by Size

17

0% 20% 40% 60% 80% 100%

2016

2017

2018

2019

VLCC Suezmax Aframax PMX Tanker Handy Tanker

0

5

10

15

20

25

2016 2017 2018 2016 2017 2018 2016 2017 2018

China Japan Korea

(Mdwt)

백만 VLCC Suezmax

Aframax PMX Tanker

Handy Tanker

※ Source: Clarkson, HJS

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Page 18: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Tanker Delivery monthly

Tanker Scrap Monthly in Dwt

18※ Source: Clarkson, HJS

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10

2014 2015 2016

(Dwt)

VLCC Suezmax

Aframax Panamax Tanker

Handy Tanker

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10

2014 2015 2016

Handy Tanker Panamax Tanker

Aframax Suezmax

VLCC

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Page 19: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Recycled Fleet Size & Age Distribution since 2012

Tanker Scrap & Earning

19

(40,000)

(20,000)

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3-0

8

8-0

8

1-0

9

6-0

9

11-0

9

4-1

0

9-1

0

2-1

1

7-1

1

12-1

1

5-1

2

10-1

2

3-1

3

8-1

3

1-1

4

6-1

4

11-1

4

4-1

5

9-1

5

2-1

6

7-1

6

12-1

6

($/day)(Mdwt)

Tanker Scrap Mdwt Tanker Scrap Forecast

Scrap & 2ndhand Value Spread Tanker Earning

※ Source: Clarkson, HJS

0

1

2

3

4

13 15 17 19 21 23 25 27 29 31 33 35 37 39 41

Mil

lio

n D

wt

VLCC Suezmax Aframax Panamax Tanker Handy Tanker

CrudeScrap

TotalNo.

AV.Dwt

Av.Age

2014 42 139k 21.8

2015 12 109k 21.7

2016Jan-Oct

7 133k 24.9

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Page 20: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

This report has been produced for general information. Whilst care has been taken in the

production of this report, no liability or responsibility can be accepted for any loss incurred in any

way whatsoever by any person who may seek to rely on the information contained herein.

Dry Bulk

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 21: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Dry Bulker Delivery in Dwt

Dry Bulker Delivery in Number

21※ Source: Clarkson, HJS

22

20

15

6

19

13

11

5

17

10

16

7

20

10

13

4

0

5

10

15

20

25

Capesize Panamax Handymax Handysize

Mdw

t

2013 2014 2015 2016

103

245265

195

94

164

194

162

88

126

260

185

105117

214

125

0

50

100

150

200

250

300

Capesize Panamax Handymax Handysize

NUM

BER

2013 2014 2015 2016

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Page 22: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Capesize Delivery & Orderbook in Number

Panamax Delivery & Orderbook in Number

22※ Source: Clarkson, HJS

6

25

49

84

33

60

8

14

51

34

4

20 21

3

0

10

20

30

40

50

60

70

VLOC(260k+) Large Cape(200-

260k)

Capesize(160-200k) Small Cape (100-

160k)

Capesize

In Service - 2015

In Service - 2016

On Order - 2017

On Order - 2018

7

90

29

2

110

54

137

16

2

29

4

0

20

40

60

80

100

120

140

160

Post Panamax (90,000-

99,999)

Kamsarmax (80,000-

89,999)

Panamax (65,000-79,999)

Panamax

In Service - 2015

In Service - 2016

On Order - 2017

On Order - 2018

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Page 23: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Handymax Delivery & Orderbook in Number

Handysize Delivery & Orderbook in Number

23※ Source: Clarkson, HJS

196

39

25

169

38

7

217

352423

8

0

50

100

150

200

250

Ultramax (60,000-64,999) Supramax(50,000-59,999) Handymax(40,000-49,999)

Handymax

In Service - 2015

In Service - 2016

On Order - 2017

On Order - 2018

129

45

11

83

37

5

164

34

7

35

15

2

0

20

40

60

80

100

120

140

160

180

Large Handy(35,000-

39,999)

Handysize(20,000-34,999) SHandy(10,000-19,999)

Handysize

In Service - 2015

In Service - 2016

On Order - 2017

On Order - 2018

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Page 24: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Dry Fleet Profile

Dry Fleet Outlook

24

0

20

40

60

80

100

120(Million Dwt)

Handy

Handymax

Panamax

Cape

+20 Yrs7.1%

16~20 Yrs7.2%

11~15 Yrs11.4%

6~10 Yrs25.9%

0~5 Yrs48.5%

On Order 15.0%

※ Source: Clarkson, HJS

3%4%

3% 2%

7% 7% 7% 7% 7%

10%

17%

15%

11%

6%4%

2%1% 1% 1%

-10%

-5%

0%

5%

10%

15%

20%

(60)

(40)

(20)

0

20

40

60

80

100

120

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016e

2017f

Mil

lio

n d

wt

of

Ve

ssel

s

Dry Deliveries Dry Demolition

Removal

Delivery

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 25: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Dry Fleet by Size

Dry Fleet by Age

0

50

100

150

200

250

300

On Order 0-4 years 5-9 years 10-14 years15-19 years 20+ years

(Million Dwt)

Capesize Panamax

Supramax Handysize

25

0

50

100

150

200(Million Dwt)

Handysize Supramax

Panamax Capesize

Dwt Age No.

Cape 190k 7 1624

PMX 80k 8 2449

SMX 54k 8 3286

HSZ 28k 11 3348

※ Source: Clarkson, HJS

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Page 26: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Dry Orderbook by Yard

Dry Orderbook by Size

26

0

10

20

30

40

50

60

2016 2017 2018 2019 2016 2017 2018 2019 2016 2017

China Japan Korea

(Mdwt)

백만

Capesize

Panamax

Supramax

Handysize

~2019 Mdwt 오더북비중

Cape 49.2 16%

PMX 24.9 13%

SMX 30.2 17%

Handy 12.2 13%

Total 116.5 15%

0% 20% 40% 60% 80% 100%

2016

2017

2018

2019

Capesize Panamax Supramax Handysize

※ Source: Clarkson, HJS

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Page 27: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Dry Contracts by Yard

Dry Contracting & BDI

27

0

100

200

300

400

500

600

700

800

900

1000

(4,000)

(2,000)

0

2,000

4,000

6,000

8,000

10,000

12,000

1-0

0

9-0

0

5-0

1

1-0

2

9-0

2

5-0

3

1-0

4

9-0

4

5-0

5

1-0

6

9-0

6

5-0

7

1-0

8

9-0

8

5-0

9

1-1

0

9-1

0

5-1

1

1-1

2

9-1

2

5-1

3

1-1

4

9-1

4

5-1

5

1-1

6

(No.)

(Pts, $Million)

Contracting Value ($Million)

Contracting Number(RHS)

Baltic Dry Index

0

10

20

30

40

50

60

70

80

90

100

8 11 2 5 8 11 2 5 8 12 3 6 10 1 8 11 2 5 8 11 2 5 8 11 2 5 8 2 3 7 11 2 7

2012 2013 2014 2015 20162012 2013 2014 2015 20162013 20142015

China Japan Korea

(no.)

2016 2017 2018

※ Source: Clarkson, HJS

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Page 28: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Dry Bulk Delivery monthly in Number

Dry Bulk Scrap Monthly in Number

28※ Source: Clarkson, HJS

0

20

40

60

80

100

120

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10

2015 2016

Nu

mb

er

of

vess

els

Capesize

Panamax

Handymax

Handysize

0

10

20

30

40

50

60

70

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10

2015 2016

Nu

mb

er

of

Ve

sse

ls

Capesize

Panamax

Handymax

Handysize

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Page 29: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Recycled Fleet Size & Age Distribution since 2012

Old Fleet in No.

Pre85

86 87 88 89 90 91 92 93 94 95 96 97 98 99 00' 01'

Handysize 201 39 18 12 19 22 17 23 18 27 68 80 96 62 63 45 62

Supramax 36 17 6 3 15 18 17 9 1 47 65 73 69 66 41 41 98

Panamax 18 2 1 1 9 13 4 5 18 34 36 27 59 51 61 57 113

Capesize 0 2 1 4 4 6 16 26 23 21 12 20 6 21 25 29

0

50

100

150

200

250

300

29

~2001 Mdwt 노후선비중

Cape 42.5 14%

PMX 37.6 19%

SMX 29.1 16%

Handy 21.3 23%

Total 130.5 17%

※ Source: Clarkson, HJS

Av. Age

2014 2015 2016

Cape 23.6 20.8 20.6

PMX 25.0 23.0 21.0

SMX 26.7 26.0 22.8

Handy 29.1 28.5 29.0

Total 27.3 25.2 23.5

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Page 30: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Dry Scrap & 2ndhand price

Dry Scrap & Earning

30

0

10,000

20,000

30,000

40,000

50,000

60,000

0

5

10

15

20

25

1-10

6-1

0

11-1

0

4-1

1

9-1

1

2-12

7-12

12-1

2

5-13

10-1

3

3-14

8-1

4

1-15

6-1

5

11-1

5

4-1

6

9-1

6

($/day)(척수, Million $)

Cape Scrap (Number, 3MA)

Scrap Forecast

Scrap and old ship value spread $Million

Capesize 4TC average (RHS)

-20

-15

-10

-5

0

5

10

15

20

0

5

10

15

20

25

30

1-1

1

4-1

1

7-1

1

10-1

1

1-1

2

4-1

2

7-1

2

10-1

2

1-1

3

4-1

3

7-1

3

10-1

3

1-1

4

4-1

4

7-1

4

10-1

4

1-1

5

4-1

5

7-1

5

10-1

5

1-1

6

Cape Scrap Value(b)

15 years Cape 2ndhand price(a)

Spread a-b (right)

※ Source: Clarkson, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 31: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Dry Delivery monthly

Dry Scrap Monthly

31

0

1

2

3

4

5

6

1-1

1

4-1

1

7-1

1

10-1

1

1-1

2

4-1

2

7-1

2

10-1

2

1-1

3

4-1

3

7-1

3

10-1

3

1-1

4

4-1

4

7-1

4

10-1

4

1-1

5

4-1

5

7-1

5

10-1

5

1-1

6

4-1

6

7-1

6

10-1

6

(Mdwt)

Handysize Handymax

Panamax Capesize

Scrap forecast

Forecast

0

3

6

9

12

15

1-11 4-11 7-11 10-11

1-12 4-12

7-12 10-12

1-13 4-13

7-13 10-13

1-14 4-14

7-14

10-14

1-15 4-15

7-15 10-15

1-16 4-16

7-16

10-16

(Mdwt)

Handysize HandymaxPanamax CapesizeDelivery Forecast

Forecast

※ Source: Clarkson, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 32: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Capesize Delivery & Removal

Capesize Movement

32

5% 5%3%

5%

9% 9% 9% 9% 9%

18%

23%

19%

12%

5% 5%

0% 1%3%

-10%

0%

10%

20%

30%

(20)

(10)

0

10

20

30

40

502000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015e

2016f

2017f

Mil

lio

n d

wt

of

Ve

ssel

s

Cape Deliveries Cape Demolition Orderbook Growth

Removal

Delivery

※ Source: Clarkson, Platts, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 33: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Capesize Orderbook

Capesize Old Fleet

33

0

5

10

15

20

25

30

2016 2017 2018 2016 2017 2018 2019 2016 2017

China Japan Korea

On Order

(Million Dwt)

Capesize - Small Cape (100-160k)

Capesize - Capesize(160-200k)

Capesize - Large Cape(200-260k)

Capesize - VLOC(260k+)

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999200

0

VLOC(260k+) 1 1 1 2 3 10 14 11 9 1 2

Large Cape(200-260k) 2 1 2 4 5 1 1 2 1

Capesize(160-200k) 2 2 4 17 15 5 23 24

Small Cape (100-160k) 1 3 4 6 10 14 10 7 7 4 2

0

5

10

15

20

25

30

35

※ Source: Clarkson, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 34: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Panamax Delivery & Removal

Panamax Movement

34

7%9%

4%1%

8% 8% 8%6% 6% 5%

12%12%12%

9%

4%

2% 2% 3%

-12%

-6%

0%

6%

12%

18%

24%

(15)

(10)

(5)

0

5

10

15

20

25

302000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015e

2016f

2017f

Mil

lio

n d

wt

of

Ve

ssel

s

PMX

PMX Deliveries PMX Demolition Orderbook Growth

Removal

Delivery

※ Source: Clarkson, Platts, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 35: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Panamax Orderbook

PMX Old Fleet

35

0

2

4

6

8

10

12

14

2016 2017 2018 2016 2017 2018 2019 2016

China Japan Korea

On Order

(Million Dwt)

Panamax - Panamax (65,000-79,999)

Panamax - Kamsarmax (80,000-89,999)

Panamax - Post Panamax (90,000-99,999)

Pre-90

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

Panamax (65-80k) 2 3 2 1 2 2 1 3

Kamsarmax (80-90k) 4 1 1 1 2 8

Post Panamax (90-100k) 16 2 10 25 32 33 57 51 61 52

0

10

20

30

40

50

60

70

※ Source: Clarkson, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 36: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Supramax Delivery & Removal

Supramax Movement

36

2%

9% 8%

5%7%

9%7% 7% 8%

11%

20%18%

12%

7%5%

8%5%

7%

-12%

-6%

0%

6%

12%

18%

24%

30%

(10)

(5)

0

5

10

15

20

25

302000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015e

2016f

2017f

Mil

lio

n d

wt

of

Ve

ssel

s

SMX

SMX Deliveries SMX Demolition Orderbook Growth

Removal

Delivery

※ Source: Clarkson, Platts, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 37: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Supramax Orderbook

Supramax Old Fleet

37

02468

101214161820

2016 2017 2019 2016 2017 2018 2019 2016

China Japan Korea Others

On Order

(Million Dwt)

Supramax - Ultramax (60,000-64,999)

Supramax - Handymax(40,000-49,999)

Supramax - Supramax(50,000-59,999)

Pre-85

1986

1987

1988

1989

1990

19911992

1993

1994

1995

1996

1997

1998

1999

2000

Handymax(40-50k) 36 20 8 2 11 17 20 10 1 51 67 78 63 65 35 29

Supramax(50-60k) 3 2 3 1 1 1 1 3 7 6 6 12

Ultramax (60-65k) 14 3 2 4 16 9 3 14 19 11 5 12 2

0

10

20

30

40

50

60

70

80

90

100

※ Source: Clarkson, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 38: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Handysize Delivery & Removal

Handysize Movement

38

-2%-3%

-2%-1%

2% 1%1%

3% 2%1%

8%

5%

2%

-1%

1% 1%

0%

2%

-10%

-4%

2%

8%

14%

(10)

(5)

0

5

10

152000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015e

2016f

2017f

Mil

lio

n d

wt

of

Ve

ssel

s

Handy

Handy Deliveries Handy Demolition Orderbook Growth

Removal

Delivery

※ Source: Clarkson, Platts, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 39: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

Handysize Orderbook

Handysize Old Fleet

39

0

2

4

6

8

10

12

14

16

2016 2017 2018 2016 2017 2018 2019

China Japan Others

On Order

(Million Dwt)

Handysize - Large Handy(35-40k)

Handysize - SHandy(10-20k)

Handysize - Handysize(20-35k)

Pre-80

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

SHandy(10-20k) 45 12 13 9 11 9 7 4 5 3 6 5 4 5 6 11 15

Handysize(20-35k) 26 6 5 11 29 38 31 11 4 12 14 11 16 15 19 58 66

Large Handy(35-40k) 6 3 3 10 7 6 8 7 3 3 3 5 5 5 4 1

0

10

20

30

40

50

60

70

80

90

※ Source: Clarkson, HJS

Contact : Daejin Lee / [email protected] / www.JinreSearch.com

Page 40: Shipping supply chartpack 2016  Sample: Container, Tanker, Dry Bulk

40

Thank you

Previous Reports :

(1) Bulk Supply : The Seeds of Recovery

(2) Tanker Supply : Oil Prices and Oversupply)

(3) Coal Trade Market : The end of the coal era, soon or yet?

(4) Iron Ore Trade Market : Chinese steel market

(5) Understanding Bulk Shipping Market

(6) Shipping Market Chartpack 2016

(7) Shipping Supply Chartpack 2016

We invite any comments and/or questions you may have. If you need bespoke reports & analysis, we would love to meet specific client needs. To discuss any individual requirements please contact below

Daejin Lee / Commodity Research / Shipping / FFA

Mob: +82-10-3462-5311

Email: [email protected]

This report has been produced for general information. Whilst care has been taken in the production of this report, no liability or responsibility can be accepted for any loss incurred in any way whatsoever by any person who may seek to rely on the information contained herein. The information in this report may not be reproduced without the written permission.

본 자료에 수록된 내용은 당사에서 수집한 자료 및 정보를 기초로 작성된 것이나 당사가 그 자료및 정보의 정확성이나 안정성을 보장할 수는 없으므로 어떠한 경우에도 본 자료는 투자의 결과에대한 법적 책임 소재에 대한 증빙 자료로 사용될 수 없습니다. 본 자료에 첨부된 모든 자료는 당사의 저작물로서 당사의 동의 없이 어떤 형태로든 복제, 배포, 전송, 변형할 수 없습니다.

Contact : Daejin Lee / [email protected] / www.JinreSearch.com