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Trends In Bulkcarrier If you want to update Title and Subtitle in the Market & Activity footer, go to View tab → Slide Master Presentation to the International and change it on Dry Bulk Terminals Group first slide in the left pane 11 April 2019, Barcelona Trevor Crowe, Director, Date format: Day, month and year Clarksons Research e.g. 30 June 2018

Ref: A4036b Agenda Trends In Bulkcarrier Market & Port Activity

1. Introduction to the Clarksons group, Clarksons Research and Sea/net 2. Global Dry Bulk Port Activity – Looking At The Big Picture 3. Profiles & Case Studies - Drilling Down For Port Intelligence 4. Summary

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Source: Sea/net from Clarksons Research.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 6 Seaborne Dry Bulk Trade & Global Bulkcarrier Port Activity Aggregate statistics show over 300,000 bulkcarrier port calls per annum worldwide

no. port calls mill tonnes • In 2018, the number of global bulkcarrier 350,000 5,500 Global Number Of Bulkcarrier Calls (LHS) (10,000 dwt and above) port calls topped Global Seaborne Dry Bulk Trade (RHS) 300,000 for the first time. • This supports 5.2 billion tonnes of 300,000 seaborne dry bulk trade. 5,000 • 15% growth since 2013; CAGR = 2.8%. • Examining these port calls helps 250,000 understand some of the big picture story of bulkcarrier port activity, and also provides 4,500 useful case studies. 200,000 • Definitions are important.

150,000 4,000 2013 2014 2015 2016 2017 2018

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 7 Movements Data – Creating & Using Aggregate Statistics AIS Vessel Tracking Data – Defining & Identifying Port Calls • Basic (widest) definition of ‘port call’: all entries by a vessel into a port ‘shape’ excluding those where vessel speed does not register below 1 knot, combining consecutive ‘calls’ within a ‘buffered’ area around the port shape. • Aggregate statistics, published monthly. • Drill down to tell the story behind trends. • Case studies and competitive analysis. • ‘Narrower’ definitions also useful. Source: Sea/net from Clarksons Research.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 8 Bulkcarrier Port Calls By Type, 2018 Bulkcarriers accounted for 8% of port calls across all ship types globally in 2018

% Share Of All Ship Type Size (Dwt) No. Calls (2018) Global Port Calls

Capesize 100,000+ 33,674 1%

Capesize 65-99,999 61,702 2% 11% 40-64,999 100,802 3% 35% Handysize 10-39,999 104,213 3% Bulkcarrier Total 300,391 8% Port Calls in Panamax of which: 2018: 20% 395,000+ 483 300,391 VLOC 212-394,999 3,178

Newcastlemax 200-211,999 5,375

Minicape 100-124,999 3,112

Handymax Post-Panamax 85-99,999 12,103 34% Kamsarmax 80-84,999 18,482

Ultramax 60-69,999 21,434

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 9 Bulkcarrier Port Calls By Ship Type, 2013-18 Around 70% of calls by below 65,000 dwt; Handymax calls have been growing the most rapidly

mDWT 25,000 No. Calls By Handysize 2013 2014 2015 2016 2017 2018 % 18/13 Ship Type Handymax

20,000 Panamax Capesize Capesize 28,696 30,628 33,010 32,088 34,017 33,674 17%

15,000 Panamax 52,854 58,632 60,832 57,477 60,700 61,702 17%

Handymax 79,868 81,393 90,587 93,699 97,965 100,802 26% 10,000

Handysize 100,459 98,786 102,788 99,856 103,004 104,213 4% 5,000

Total Bulker 261,877 269,439 287,217 283,120 295,686 300,391 15% 0 2013 2014 2015 2016 2017 2018

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 10 Bulkcarrier Port Calls By Region, 2018 Almost half of all bulkcarrier port calls were in Asia in 2018

Bulkcarrier Region Bulker Region Capesize Panamax Handymax Handysize All Calls Calls Share Share

S&C Far East 18,637 29,605 46,563 37,226 132,031 44% 1,295,565 10% America Africa Oceania 10% 6% 7% Europe 2,223 7,688 12,105 25,247 47,263 16% 1,431,013 3% North Europe South & America 2,699 6,089 9,508 10,717 29,013 10% 210,504 14% C.America 9% 16% Bulkcarrier North 1037 5,316 7,999 13,226 27,578 9% 352,192 8% Middle East Port Calls in America 4% 2018: Indian Sub- Africa 1525 2,889 8,906 6,382 19,702 7% 171,861 11% Cont 300,391 4% Oceania 6,310 4,142 2,519 5,343 18,314 6% 68,794 27%

Middle East 458 3,132 6,519 3,251 13,360 4% 160,544 8% Far East Sub- 44% 785 2,841 6,683 2,821 13,130 4% 60,203 22% Continent

Global 33,674 61,702 100,802 104,213 300,391 100% 3,751,306 8%

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 11 Top Bulkcarrier By Number Of Callings, 2018 On the widest definition of port call, Top 20 account for 22% of all calls by number and 28% by dwt

Rank Rank Port Country No. Calls Total mDWT Port Country Total mDWT No. Calls (No.) (DWT) 1 Singapore Singapore 15,717 1,435.8 1 Singapore Singapore 1,435.8 15,717 2 Shanghai China 3,909 251.9 2 Port Hedland Australia 551.6 2,946 3 Taicang China 3,779 292.0 3 Taicang China 292.0 3,779 4 Fujairah U.A.E. 3,421 217.8 4 Shanghai China 251.9 3,909 5 Hong Kong China 3,242 215.6 5 Caofeidian China 236.1 2,571 6 Gibraltar Gibraltar 3,023 197.8 6 Tianjin China 233.4 2,944 7 Port Hedland Australia 2,946 551.6 7 Fujairah U.A.E. 217.8 3,421 8 Tianjin China 2,944 233.4 8 Jing Tang China 216.7 2,526 9 Istanbul Turkey 2,926 104.5 9 Hong Kong China 215.6 3,242 10 Huanghua China 2,651 190.4 10 Port Walcott Australia 208.7 1,082 11 Caofeidian China 2,571 236.1 11 Ponta Da Madeira Brazil 203.7 870 12 Qinhuangdao China 2,529 147.3 12 Gibraltar Gibraltar 197.8 3,023 13 Jing Tang China 2,526 216.7 13 Newcastle Australia 195.4 1,988 14 City Panama 2,017 113.3 14 Huanghua China 190.4 2,651 15 Newcastle Australia 1,988 195.4 15 Rizhao China 157.8 1,604 16 Bur Said Egypt 1,974 140.5 16 Dampier Australia 155.6 945 17 Kaohsiung Taiwan 1,764 116.5 17 Qingdao China 155.4 1,506 18 China 1,629 139.0 18 Qinhuangdao China 147.3 2,529 19 Santos Brazil 1,606 98.0 19 Bur Said Egypt 140.5 1,974 20 Rizhao China 1,604 157.8 20 Hay Point Australia 139.6 1,230 Global Total 300,391 19,808.3 Global Total 19,808.3 300,391 Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 12 Top Bulkcarrier Ports 2018 - Map China 14) Huanghua, China Basis total dwt of port calls, China dominates 6) Tianjin, China 12) Gibraltar 8) Jing Tang, China 7) Fujairah, UAE 18) Qinhuangdao, China 5) Caofeidian, China

17) Qingdao, China 15) Rizhao, China

4) Shanghai, China

3) Taicang, China 9) Hong Kong, China

11) Ponta Da Madeira, 1) Singapore Brazil

20) Hay Point, Australia

13) Newcastle, Australia 2) Port Hedland, Australia 19) Bur Said, Egypt 10) Port Walcott, Australia 16) Dampier, Australia Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 13 Bulkcarrier Port Calls…Narrowing The Definition Top Bulkcarrier Ports By ‘Cargo Callings’ Aggregate Vessel Dwt, 2018

Rank Port Country Total mDWT No. Calls (DWT) • Processing data to remove port calls that 1 Port Hedland Australia 543.7 2,891 are potentially bunkering, or 2 Caofeidian China 235.4 2,556 3 Tianjin China 218.2 2,685 repair calls only, and filtering based on 4 Port Walcott Australia 206.5 1,070 vessel type-port capability matches can 5 Ponta Da Madeira Brazil 203.7 870 narrow the definition to a more 6 Newcastle Australia 194.5 1,969 7 Huanghua China 189.6 2,634 specifically cargo-related concept. 8 Jing Tang China 186.9 2,299 • China accounts for 12 of the 20, 9 Dampier Australia 154.8 936 10 Rizhao China 152.5 1,490 Australia 5, Brazil 2 and 1. 11 Hay Point Australia 130.8 1,155 12 Beilun China 128.0 1,125 13 Qinhuangdao China 125.2 2,127 14 Jiangyin China 116.3 1,352 15 Lianyungang China 115.8 1,230 16 Richards Bay South Africa 115.2 1,425 17 Tubarao Brazil 113.7 745 18 Lanshan China 107.4 998 19 Zhoushan China 105.7 1,288 20 Zhanjiang China 103.2 889 Global Total 13,017.6 179,990

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 14 Bulkcarrier Port Calls, 2018 - Top Owner Countries & Owner Groups Back to widest definition of port calls, no surprises in owner listings…

Rank Owner Group Rank Owner Group Total mDWT No. Calls Owner Group Total mDWT No. Calls (DWT) Country (DWT) Country 1 Greece 4,115.1 54,351 1 China COSCO Shpg China 648.0 7,288 2 Japan 3,728.5 50,837 2 Nippon Yusen Kaisha Japan 369.2 4,578 3 China 3,604.8 53,663 3 K-Line Japan 294.7 2,975 4 South Korea 814.9 9,087 4 Fredriksen Group Norway 275.0 2,478 5 Taiwan 732.3 11,515 5 Mitsui OSK Lines Japan 242.4 2,346 6 Germany 716.5 12,125 6 China Merchants China 220.6 2,577 7 Norway 677.4 9,905 7 Oldendorff Carriers Germany 216.8 2,402 8 Hong Kong 621.4 10,873 8 Star Bulk Carriers Greece 193.9 1,861 9 United States 556.3 8,362 9 Imabari Shipbuilding Japan 188.0 2,050 10 Turkey 441.8 9,782 10 Navios Holdings Greece 180.5 1,735 11 Singapore 345.1 5,993 11 Nissen Kaiun Japan 176.8 1911 12 Italy 343.5 5,652 12 Angelicoussis Group Greece 173.0 992 13 United Kingdom 305.2 4,489 13 Berge Bulk Bermuda 168.1 917 14 Canada 279.0 7,396 14 Mitsubishi Corp Japan 159.2 2,004 15 India 276.6 3,827 15 Pan Ocean South Korea 149.5 1,290 16 Bermuda 193.1 1,316 16 NS United KK Japan 149.3 1192 17 Belgium 140.2 1,322 17 Wisdom Marine Grp Taiwan 138.2 2,902 18 U.A.E. 131.4 2,685 18 Pacific Basin Shpg Hong Kong 124.7 3,164 19 Monaco 129.6 1,276 19 Cardiff Marine Greece 123.3 800 20 Australia 127.0 940 20 Doun Kisen Japan 120.5 1,544

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 15 Bulkcarrier Port Calls, 2018 - Top Flags & Class Societies Top 10 flags and top 10 classification societies at dry bulk ports…

Rank Total No. Rank Total No. Flag Class Society TABLEOF(DWT) TOP FLAGS (TOP 20) mDWT Calls (DWT) mDWT Calls 1 Panama 4,452.6 66,216 1 Nippon Kaiji Kyokai (NKK) 6,631.9 105,586

2 Marshall Is. 2,631.9 39,122 2 China Classification Society 2,636.7 38,608

3 Hong Kong 2,302.6 29,622 3 Lloyds Register (LR) 2,405.5 33,754

4 Liberia 2,152.4 28,659 4 American Bureau of Shipping (ABS) 2,290.7 26,027

5 China 1,551.7 28,068 5 Bureau Veritas (BV) 1,818.3 28,407

6 Singapore 1,209.7 15,711 6 Korean Register 951.0 11,939

7 Malta 1,105.4 17,187 7 Registro Italiano (RINA) 504.2 8,831

8 Bahamas 587.2 10,439 8 Det Norske Veritas (DNV) 181.0 2,316

9 Cyprus 532.8 7,914 9 Indian Register 99.6 1,699

10 Japan 464.7 6,755 10 China Corporation Register (Taiwan) 71.3 1,290

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 16 Bulkcarrier Port Calls, 2018 – Environmental Equipment Equipment on ships likely to become important; port calls can be tracked…

SOx Scrubber Total Bulkcarrier Year BWTS Fitted HVSC Fitted NOx Fitted LNG Capable Fitted Calls

2016 42,434 1,098 163 826 0 283,120

2017 53,916 1,052 261 919 0 295,686

2018 62,429 1,124 171 1,347 84 300,391

% of total, 2018 21% 0.4% 0.1% 0.4% 0.0%

Progress ongoing to track duration of port calls, speed in and approaching ports etc.

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 17 Infrastructure Database – Global Bulkcarrier Ports Summary Global dry bulk port infrastructure, March 2019

Ports with LNG Bunkering Ports with High Voltage Shore Region No. of Active Ports Under Construction / Planned** Facilities^ Connection^

N. America 206 3 3 10

S.&C. America 205 4 3 -

Africa 48 2 - -

NW Europe 270 - 39 3

Med. 195 - 7 -

Middle East/ISC 144 17 8 4

Asia Pacific 639 8 121 65

Total Dry Bulk Ports* 1,707 34 81 82

All Ports (Global) ~ 4,282 215 126 98

*All ports recorded as capable of handling a dry bulk commodity. ** Includes ports with terminal/berth expansion under construction or planned. ^ Includes active, under construction and planned. ~Total number of ports regardless of function or commodities handled.

Source: Clarksons Research infrastructure data.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 18 Case Study: Rotterdam – Bulkcarrier Profile Analysis of bulkcarrier calls at Rotterdam, Netherlands

Port Profile Timeseries of Number of Port Calls at Rotterdam By Bulkcarrier Sector (2018) Port Rotterdam Bulkcarrier Calls at Rotterdam No. Country Netherlands 180

Dry bulk, crude oil and oil products, 160 other liquid cargo, container, gas, Cargo/Ship Types Capesize chemicals, vehicles, general cargo, 20% passenger, cruise, reefer, Ro-Ro 140 Handysize Bunkering, cold ironing, offshore 120 33% service, shipbuilding, ship repair, Functions 1,357 ship maintenance, ship to ship 100 transfer, stacking Bulker Bulkcarrier Callings Data 80 Port Calls

Max Dwt 403,919 dwt 60 (2018) Panamax 27% Max GT 201,384 GT 40 Max LOA 362.0m Handymax 20 20% Max 65.0m 0 Max 23.03m

Port Calls (2018) 1,357 calls Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 Jan-19

Port calls data basis data as of end February 2019, based on vessel movements data. Port calls data basis all instances of a vessel entering and leaving a defined port location, excluding instances where vessel not recorded as travelling at less than 1 knot, and combining multiple consecutive instances at the same port where the vessel has not left a buffered shape around the port. Maximum , dimension and largest vessel data based on largest bulkcarrier vessel calling according to vessel movements data since the start of 2012. Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 19 Case Study: Rotterdam – Bulkcarrier Profile Analysis of bulkcarrier calls at Rotterdam, Netherlands - 2018

Rotterdam: Top Owner Groups Rotterdam: Age Profile of Bulkcarriers Calling in 2018 Oldendorff Carriers

Fredriksen Group >= 20 Years <5 Years 5% Pangaea Logistics 32%

Fednav

Arklow Shipping Ltd 15-20 Years 1,357 7% Navibulgar Bulker Port Calls Gearbulk 10-15 Years 12% (2018) Scorpio Group

Nippon Yusen Kaisha 5-10 Years A.D.M. 44%

0 10 20 30 40 No. of Bulkcarrier Port Calls (2018)

Top group owners and flag states ranked by number of bulkcarrier port calls in full year 2018. Port calls data basis data as of end February 2019, based on vessel movements data. Port calls data basis all instances of a vessel entering and leaving a defined port location, excluding instances where vessel not recorded as travelling at less than 1 knot, and combining multiple consecutive instances at the same port where the vessel has not left a buffered shape around the port. For more details see Sources & Methods for Clarksons SeaNet and Movements Data Aggregate Statistics. Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 20 Case Study: Tarragona – Bulkcarrier Profile Analysis of bulkcarrier calls at Tarragona, Spain

Port Profile Timeseries of Number of Port Calls at Tarragona By Bulkcarrier Sector (2018) Port Tarragona Bulkcarrier Calls at Tarragona No. Country Spain 35 Capesize Dry bulk, crude oil and oil products, 2% chemicals, other liquid cargoes, 30 Cargo/Ship Types gas, container, car carrier, cruise, Handysize passenger, reefer 25 42%

Bunkering, crude oil processing, Functions 277 offshore service 20 Panamax 19% Bulker Bulkcarrier Callings Data 15 Port Calls Max dwt 185,827 dwt (2018) 10 Max GT 95,309 GT

Max LOA 292.0m 5 Handymax Max Beam 47.0m 37%

Max Draft 18.32m 0

Port Calls (2018) 277 calls Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 Jan-19

Port calls data basis data as of end February 2019, based on vessel movements data. Port calls data basis all instances of a vessel entering and leaving a defined port location, excluding instances where vessel not recorded as travelling at less than 1 knot, and combining multiple consecutive instances at the same port where the vessel has not left a buffered shape around the port. Maximum tonnage, dimension and largest vessel data based on largest bulkcarrier vessel calling according to vessel movements data since the start of 2012. Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 21 Case Study: Tarragona – Bulkcarrier Profile Analysis of bulkcarrier calls at Tarragona, Spain - 2018

Tarragona: Top Owner Groups Tarragona: Age Profile of Bulkcarriers Calling in 2018 China COSCO Shipping

Nippon Yusen Kaisha <5 Years 23% Westfal-Larsen Mgmt

Stellar Navigation >= 20 Years Oldendorff Carriers 14% 277

Laskaridis Shipping Bulker 15-20 Years Port Calls Toko Unyu KK 7% (2018) 5-10 Years Imabari Shipbuilding 40%

CSL Group 10-15 Years 16% Fredriksen Group

0 5 10 15 No. of Bulkcarrier Port Calls (2018)

Top group owners and flag states ranked by number of bulkcarrier port calls in full year 2018. Port calls data basis data as of end February 2019, based on vessel movements data. Port calls data basis all instances of a vessel entering and leaving a defined port location, excluding instances where vessel not recorded as travelling at less than 1 knot, and combining multiple consecutive instances at the same port where the vessel has not left a buffered shape around the port. For more details see Sources & Methods for Clarksons SeaNet and Movements Data Aggregate Statistics. Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 22 Case Study - Barcelona Listings & Aggregate Statistics from Sea/net

Vessels currently at Barcelona

Vessel types currently at Barcelona

Vessels destined for Barcelona

Owners currently at Barcelona

Source: Sea/net.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 23 Regional Case Study – & Bauxite Shipment Port calls at Port Kamsar and the Katagouma anchorage, and the CBG berth at Conakry

Newcastlemax (200-220,000 dwt) Capesize (100-200,000 dwt) Kamsarmax (80-90,000 dwt) Panamax (65-80,000 dwt) Handy (<65,000 dwt) 80 mDWT In 2018, Newcastlemax bulkcarriers of c. Rapid growth in long-haul trade 210,000 dwt accounted for around 25% 70 to China drove upsizing and by of Guinean bauxite exports 2017, Capesize vessels accounted for more than half of 60 the tonnage calling in Guinean bauxite export ports 50 2012-14, Guinea’s bauxite exports (largely to Europe) transported by Handy and Panamax vessels, including the ‘Kamsarmax’ design of 40 c.82,000 dwt

30

20

10

0 2012 2013 2014 2015 2016 2017 2018

Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 24 Regional Study – Western Mediterranean Top 20 West Mediterranean ports by number/dwt of calls in 2018

Rank Rank Port Country No. Calls Total mDWT Port Country Total mDWT No. Calls (P1 No.) (P1 DWT) 1 Gibraltar Gibraltar 3,023 197.8 1 Gibraltar Gibraltar 197.8 3,023 2 Malta Freeport Malta 750 39.0 2 Algeciras Spain 42.6 651 3 Algeciras Spain 651 42.6 3 Malta Freeport Malta 39.0 750 4 Ceuta Spain 488 22.4 4 Ceuta Spain 22.4 488 5 Tarragona Spain 277 13.9 5 Tarragona Spain 13.9 277 6 Fos France 196 13.8 6 Fos France 13.8 196 7 Oran 165 6.9 7 Oran Algeria 6.9 165 8 Castellon Spain 149 5.6 8 Escombreras Spain 6.9 148 9 Escombreras Spain 148 6.9 9 Civitavecchia Italy 6.2 89 10 St. Paul's Bay Malta 124 6.2 10 St. Paul's Bay Malta 6.2 124 11 Barcelona Spain 115 6.0 11 Barcelona Spain 6.0 115 12 Garrucha Spain 110 5.0 12 Castellon Spain 5.6 149 13 Sfax Tunisia 105 3.2 13 Garrucha Spain 5.0 110 14 Bejaia Algeria 99 4.5 14 Bejaia Algeria 4.5 99 15 Livorno Italy 97 4.2 15 Carboneras Spain 4.3 43 16 Algiers Algeria 90 2.9 16 Livorno Italy 4.2 97 17 Savona Italy 90 3.5 17 Savona Italy 3.5 90 18 Civitavecchia Italy 89 6.2 18 Arzew Algeria 3.4 79 19 Napoli Italy 88 3.3 19 Napoli Italy 3.3 88 20 Arzew Algeria 79 3.4 20 Sfax Tunisia 3.2 105

Note: West Mediterranean includes appropriate ports in Spain, Gibraltar, France, Monaco, , Algeria, Tunisia, Italy and Malta. Source: Movements Data Aggregate Statistics from Clarksons Research, Sea/net. Bulkcarriers 10,000 dwt and above.

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 25 Summary 10 Key Takeaways

1. Seaborne dry bulk trade of 5.2 billion tonnes in 2018 involved more than 300,000 bulkcarrier port calls 2. Defining port calls from vessel movements data helps build structured data and a framework for analysis 3. Bulkcarrier port calls accounted for 8% of all port calls globally in 2018, and the number has grown by 15% since 2013 4. Almost 70% of bulkcarrier port calls were made by ships below 65,000 dwt in 2018 5. In 2018, 44% of bulkcarrier port calls took place in Asia, 16% in Europe 6. Of the Top 20 bulkcarrier ports in 2018 by aggregate dwt of calls, 10 were in China 7. Bulkcarrier port calls led by major owners, owner countries, class societies and flags 8. Growing importance of calls from vessels carrying environmental equipment 9. Structured data on over 1,700 dry bulk ports (c.35% in Asia-Pacific) – port & regional profiles and case studies, customer and competitive analysis 10. Sea/net from Clarksons Research provides an easy to use gateway into port activity data

Trends In Bulkcarrier Market & Port Activity | International Dry Bulk Terminals Group, 11 April 2019 26 Thankyou E-mail: [email protected]

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