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ShipYard Orderbook Monitor

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Volume 19, No.7


Orderbook by Builder Country
Rank Country 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 China P.R. South Korea Japan Brazil Philippines India Germany Taiwan Vietnam Norway Italy Turkey United States Netherlands Russia Romania Other GLOBAL TOTAL No. m. cgt 2,091 37.1 931 842 137 76 157 31 36 86 85 15 72 73 91 58 18 343 30.9 16.6 2.5 2.1 1.4

July-2012

Major European Shipyards


7 26

19 12 22 8 14 3

21

1.1 1.1 1.0 0.7


5

11

1. Daewoo Mangalia, Rom. 2. Santierul Naval, Romania 3. Meyer Werft, Germany 4. Brod. Uljanik, Croatia 5. STX Europe, France 6. Brod. Trogir, Croatia 7. STX Finnyards, Finland 8. Schps. Bodewes, Neths. 9. Celiktekne, Turkey 10. Volgograd S.Y., Russia 11. IHC Dredgers, Neths. 12. Peters Kampen, Neths. 13. Marmara Tersaneri, Tur.

SELECTED SHIPYARDS

14. Ferus Smit, Neths. 15. Brod. 3 Maj, Croatia 16. Sedef Gemi End., Turkey 17. Brodosplit, Croatia 18. Rousse Shipyard, Bulg. 19. Flensburger S.B, Ger. 20. Besiktas Shipyard, Tur. 21. P+S Werften, Germany 22. Damen Syards, Neths. 23. UM Deniz Shipyard, Tur. 24. Bulyard, Varna, Bulgaria 25. Anadolu Shipyard, Tur. 26. Nevsky S.B., Russia
10

0.7 0.7 0.6 0.5 0.4 0.4 2.8


15 4 6 17 18 24 1

25 16

13 20 23

5,142 100.5

Orderbook by Shipyard
Rank Country 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Samsung H.I. Daewoo Hyundai H.I. STX Shipbuild. Jiangsu Rongsheng Hyundai Mipo Hyundai Samho
Oshima S.B. Co.

Major Far Eastern Shipyards


6.8 5.9
2 8

No. m. cgt 141 121 102 121 98 155 64 114 48 67 44 38 62 48

4.5 3.5 2.9 2.8 2.8 2.1 1.6 1.4 1.4 1.3 1.3 1.2 1.2
SELECTED SHIPYARDS China:
1. Hudong Zhonghua, Shanghai Waigaoqiao SY, Shanghai Shanghai SY, Shanghai Shanghai Jiangnan, Shai Jiangnan Changxing, Shai 2. DSIC, Dalian STX Dalian, Dalian 3. New Times SB, Jingjiang Jiangsu Eastern, Jingjiang Jiangsu New JZY, Jingjiang 4. Nantong COSCO, Nantong Jiangsu Rongsheng, Nantong 5. Jinhai Heavy Ind., Zhoushan Tsuneishi Zhoushan, Zshan 6. Guang.Longxue, Guangzhou 7. Beihai SY, Qingdao 8. Bohai SB, Huludao
7 7 4 2 3 5 9 1 6 12 1 6 3 4 1 5 2 13 11 5 3 8 10 7 4

SELECTED SHIPYARDS Japan:


1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Mitsubishi HI, Nagasaki Tsuneishi Zosen, Numakuma I.H.I., Kure Oshima SB, Oshima Kawasaki HI, Sakaide Universal SB, Ariake Universal SB, Tsu Imabari SB, Marugame Mitsui SB, Chiba Shin Kurushima,Onishi Koyo Dock KK, Mihara Namura Zosensho, Imari Sanoyas, Mizushima

Dalian Shipbuilding STX Dalian Jiangsu New YZJ


Hudong Zhonghua

Shanghai Waigaoqiao 40

South Korea:
1. Hyundai HI, Ulsan Hyundai Mipo, Ulsan 2. Samsung SB, Koje 3. Daewoo SB, Okpo 4. Hyundai, Samho 5. STX SB, Chinhae 6. Hanjin HI, Busan 7. Sungdong SB, Tongyeong SPP Shipbuilding, Tongyeong

Tsuneishi Zosen Sungdong S.B. Other GLOBAL TOTAL

Taiwan:
1. CSBC, Kaohsiung 2. CSBC, Keelung
6 1

3879 59.5
5,142 100.5

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Shipyard - Index
Argentina
ARS

5 5

Australia

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Austal Pty. Ltd. Incat Tasmania

Bangladesh
Ananda Shipyard Highspeed S.B. Western Marine

Brazil
Alianca Shipyard Arpoador Atlantico Sul Detroit Brasil Eisa Shipyard Est. Rio Grande Estaleiro Navship ETP Brazil Itajai Shipyard Jurong Aracruz Maua Jurong OSX Acu Promar Rio Nave Sao Miguel Shipyard Singmarine Brasil STX Niteroil Unknown Yard /Brazil Wilsons Sons

Bulgaria
Bulyard Rousse Shipyard

Canada
Davie Ind. Irving S.B. Marystown S.Y.

Chile
ASENAV Asmar Chile

China P.R.
Afai Southern ASL Guangdong AVIC Dingheng SB AVIC Weihai SY Beihai Shipyard Bohai Shipbld. CCCC Bomesc Marine Changqingsha SY Chengxi Shipyd. China Dongfang SB Chongqing Chuandong Chongqing Dongfeng CIC (Jiangsu) CMHI COSCO Dalian COSCO Guangdong COSCO Nantong COSCO Zhoushan CPLEC Dalian COSCO KHI Dalian Lushun S.B. Dalian Shipbuilding Damen Yichang Dayang S.B. DSME Shandong Fujian Baima Fujian Dongming Fujian Funing S.B. Fujian Guanhai Fujian Huadong SY Fujian Mawei Fujian Ruili Fujian Southeast Gezhouba S.B. Guangxin S.B. Guangzhou Hangtong Guangzhou Huangpu Guangzhou Longxue Guangzhou S.Y. Int. Guangzhou Wenchong Hangzhou Dongfeng Hantong Shipyard Huatai Hvy. Ind. Hubei Jiangyan Hudong Zhonghua Huigang S/yard Huludao Bohai S.B.

Jiangdong Shipyard Jiangmen Nanyang Jiangnan Changxing Jiangnan SY Group Jiangsu Changbo Jiangsu Eastern Jiangsu Ganghua Jiangsu Haishili Jiangsu Hongming Jiangsu New YZJ Jiangsu Rongsheng Jiangsu Yangzijiang Jiangsu Zhenjiang Jiangxi Huadong Jiangzhou S/Y Jinbin S.B. Jingjiang Nanyang Jinglu Shipyard Jinhai Heavy Ind. Jinling Shipyard Jiujiang Xiangsheng Kaihang S.B. Ind. Co Kouan S.B. Lianyungang Helitong Liaoning Hongguan Liaoning Marine Linhai Chengzhou Lujiashi Zhoushan MLC Tongbao Nanjing Chenglang Nanjing Dongze Nanjing East Star Nanjing Shenghua Nanjing Tianshun Nanjing Wujiazui Nantong Cosco KHI Nantong Jinghua Nantong Mingde Nantong Nikka S.B. Nantong Tongshun Nantong Yahua New Century S/Y New Hantong Shipyard New Times S.B. Ningbo Dongfang Ningbo Lantian Ningbo Zhenhe SB Panyu Lingshan S.Y. PaxOcean Zhuhai Penglai Bohai Qidong Dajiang Qidong Daoda Qidong Haowei SB Qidong Jisheng Qingdao Heshun Qingdao Hyundai Qingdao Yangfan Qingshan Shipyard Rizhao Kingda Rongcheng Shenfei Ruian Jiangnan Rushan Shipbuilding Sainty SB (Yangzhou) Samsung Ningbo Shandong Baibuting Shandong Huahai Shandong Huanghai Shandong Rongcheng Shanghai Jiangnan Shanghai S.Y. Shanghai Waigaoqiao Shanhaiguan S/Y South China Shipyd. STX Dalian Taizhou Catic Taizhou Hongda Taizhou Maple Leaf Taizhou Sanfu Taizhou Wuzhou Tianjin Xingang Titan Quanzhou SY Tsuji H.I. Tsuneishi Zhoushan Universe S.B. Unknown Yard Weihai Donghai Weihai Samjin Weihai Xinghai Wuchang S.B. Wuchang Shuangliu Wuhan Nanhua HJ Wuhu Shipyard Xiamen S.B. Xinhe Shipyard

Xinle S.B. Xintian Shipyard Xixiakou S/yard Yangzhou Guoyu Yangzhou Kejin Yangzhou Longchuan Yangzhou Nakanishi Yangzhou Oceanus Yantai CIMC Raffles Yichang Shipyard Yizheng Yangzi S.B. Yuexin S.B. Yuhuan County SB Zhejiang Changhong Zhejiang Chen Ye Zhejiang Cheng Lu Zhejiang Donghong Zhejiang Fangyuan Zhejiang Haicheng Zhejiang Hongguan Zhejiang Hongxin Zhejiang Jingang Zhejiang Jiuzhou Zhejiang Judger S.B. Zhejiang Ouhua Zhejiang Peninsula Zhejiang S.B. Zhejiang Tai Tong Zhejiang Yangfan Zhejiang Zhenghe SB Zhejiang Zhenxing Zhenhua Jiangyin Zhenjiang Sopo Zhong Chuan H.I. Zhongou S.B. Zhongshan Jinhui Zhoushan Wison Zhoushan Wuzhou Zijinshan Shipyard

PT Pal Sentek Batam

Iran
ISOICO Sadra Shipyard

23

Scheeps. de Haas Schps. Bodewes Shipkits Shipyd. Bijlsma Vosta LMG

Italy
Cant. Trapani Fincantieri Rodriquez Rosetti Marino Visentini Vittoria

23

Nigeria
West Atlantic SY

31 31

Sekwang Shipbuilding Shinan H.I. ShinaSB Yard Co. SPP Shipbuilding STX Shipbuild. Sungdong S.B.

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Spain
Armon (Vigo) Ast. De Murueta Ast. de Sevilla Ast. Gondan Ast. Zamakona Balenciaga S.A. CNN - La Naval Const. Freire Marin S.A. Metalships Vulcano S.A.

39

Norway
Bergen BMV Bergen Group Fosen Fiskerstrand Fitjar M.V. Fjellstrand A/S Havyard Leirvik Hellesoy Verft Iversen M.V. Kleven Verft Myklebust Verft Simek A/S STX Aukra STX Brattvaag STX Brevik STX Langsten STX OSV STX Soeviknes Ulstein Verft

Japan
Asakawa S.B. Fukuoka S.B. Hakodate Dock Higaki Zosen Honda Zosen K.K I.H.I. Imabari S.B. I-S Shipyard Iwagi Zosen Kanasashi H.I. Kanda S.B. Co. Kawasaki H.I. Kawasaki S.B. Kegoya Dock Keihin Shipyard Kitanihon Zosen Koyo Dock K.K. Kurinoura Dock Kyokuyo S.Y. Minami Nippon Mitsubishi H.I. Mitsui SB Miura Zosensho Murakami Hide Naikai S.B. Namura Shipbuilding Onomichi Dockyd Oshima S.B. Co. Saiki Hvy. Ind. Sanoyas Sasaki Zosen Sasebo H.I. Shikoku Dock. Shimanami S.B. Shin Kasado Dock Shin Kochi H.I. Shin Kurushima Shitanoe Zosen Sumitomo H.I. Toyohashi S.B. Tsuneishi Zosen Universal S.B. Unkn. Japanese Usuki Zosensho Yamanishi Zosen

24

Sri Lanka
Colombo Dockyd.

39 39

Taiwan
Ching Fu S.B. CSBC Jong Shyn S.B.

Thailand 31
Italthai Marine Unithai S.Y. & Eng.

40

Philippines
Austal Phils Ltd. HHIC-Phil. Inc. Keppel Cebu Shipyard Tsuneishi Cebu

Turkey
Admarin Shipyard Akdeniz Gemi Anadolu Shipyard Aykin Deniz. Besiktas Shipyard Celik Tekne Cicek Shipyard Dearsan Shipyd. Denta Shipyard Desan Deniz Duzgit Yalova Eregli Shipyard Gisan Shipyard Icdas Shipyard Istanbul Shipyard Karadeniz Shipyd. Kocatepe S/Y Madenci Shipyard Marmara Tersanesi Sedef Gemi End. Selah Shipyard Selay Shipyard Soyaslan Tuzla Gemi UM Deniz Shipyard Ustaoglu Shipyard Yardimci Deniz

40

Poland
Partner Stocznia Remontowa Stocznia Gdansk

32

Croatia
Brod. 3 Maj Brod. Trogir Brod. Uljanik Brodosplit Kraljevica

21

Portugal
ENVC

32 32 32

Qatar
Ras Laffan

Romania
Daewoo-Mangalia Damen Galati Santierul Naval STX Braila

Denmark
Hvide Sande Skibs

21 21 21 21

Egypt
Alexandria S.Y.

Russia
Amursky S.B. Astrakhan Baltic Shipyd. Krasnoy Sormovo Lotos Shipyard Nevsky S.B. Okskaya Shipyard Sevmash SMP Third Internat. Unknown Yard Volgograd S.Y. Zelenodolsk

32

Estonia
BLRT Tallinn

Finland
Arctech STX Finnyards

France
STX France STX France (Lorient)

22

U.A.E.
Adyard Dubai Shipbuilding Grandweld Nico

41

Lithuania 22
SC Western Shipyard Western Baltija S.B.

29

Germany
Ferus Smit Flensburger S.B J. J. Sietas Meyer Werft Neptun Werft P+S Werften P+S Werften GmbH

Malaysia
Coastal Contracts Grade One Marine MSET S.B. Corp. Muhibbah Marine Nam Cheong Dock NGV Tech Sealink Shipyard Selat Melaka Shin Yang Shipyard Tuong Aik (Sarawak) Vitawani

29

Singapore
ASL Shipyard Drydocks World Sing. Jaya S.B. & Eng Keppel FELS Oakwell Shipbuilding Pacific Richfield Penguin Shipyard Sam Aluminium Sembawang Shipyard ST Marine Strategic Marine (S)

33

Ukraine
Kherson Shipyard Zaliv Shipyard

41

United Kingdom
Cammell Laird J. R. Hepworth

41

Hong Kong
Cheoy Lee S.Y.

22 22

United States
Aker Philadelphia BAE Alabama Bay S.B. Corp Bender S.B. Breaux Bros. Candies Shipbuilders Dakota Creek Ind. Eastern S.B. Eastern S.Y. Gulf Craft Gulf Island North American Thoma-Sea S.B. Todd SY Corp Trinity Marine VT Halter

41

India
ABG Shipyard Bharati Goa Bharati S.Y. Chowgule S.B. Cochin S.Y. Hindustan S.Y. Larsen & Toubro Pipavav Shipyd. Ramsar Shipyard Tebma Shipyards Ltd

Netherlands
Barkmeijer Damen Shipyards De Hoop Lobith Ferus Smit Groningen Shipyard IHC Beaver Dredgers IHC Dredgers IHC Merwede IHDA Shipbuild. Keppel Verolme Kooiman Scheepswerf Maas Shipyard Maaskant Niestern Sander Peters Kampen

30

Slovakia
SLKB Komarno

33 33

South Korea
21c S.B. Co. Dae Sun S.B. Daehan S.B. Daewoo Hyundai H.I. Hyundai Mipo Hyundai Samho Nokbong S.B. Orient Shipyard Samho Tongyoung Samsung H.I. Seko Hvy. Ind. Sekwang H.I.

Indonesia
Batamec S.Y. DDW Nanindah Jaya Asiatic Shipyd. MP Shipyard P.T. Dumas PT Dok Surabaya PT Loh & Loh

23

Unknown
Unknown Yard

42

World Shipyard Monitor Database

Page 3

1st July 2012

Shipyard - Index
Vietnam
76 Shipyard Bach Dang S/Y Ben Kien S/Y Ca Mau S.B. Dung Quat Shipyard Ha Long Shipyd. Hyundai Vinashin LISEMCO Nam Trieu S.B. Pha Rung S/yard Saigon S.B. Saigon Shipyard Song Thu STX Vung Tau Thanh Long S.B. Triyards Sofel

42

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World Shipyard Monitor Database

Page 4

1st July 2012

Orderbook by Shipyard
Type Hull No. Dwt. *Other Units Owner Delivery Type Hull No. Dwt. *Other Units Owner

Argentina
Delivery

Argentina
ARS
Products Products Products Products 79 80 47,000 PDV Marina S.A. 47,000 PDV Marina S.A. 47,000 PDV Marina S.A. 47,000 PDV Marina S.A. On Order:- 4 Vessel(s); 188,000 DWT.

Atlantico Sul Ensenada


Jul 2012 Sep 2012 Nov 2012 Jan 2013 Tanker Tanker Tanker Shuttle Shuttle Shuttle Shuttle Shuttle Tanker Tanker Tanker Tanker Tanker Tanker Tanker Shuttle Shuttle Tanker Tanker Tanker Tanker Drillship Drillship Drillship Drillship Drillship Drillship Drillship EAS-C-002 157,055 EAS-C-003 157,055 EAS-C-004 157,055 150,000 150,000 150,000 107,000 107,000 EAS-C-005 157,055 EAS-C-006 157,055 EAS-C-007 157,055 EAS-C-011 107,000 EAS-C-008 157,055 EAS-C-012 107,000 EAS-C-013 107,000 107,000 107,000 EAS-C-009 157,055 EAS-C-014 107,000 EAS-C-010 157,055 EAS-C-015 107,000 Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Transpetro Sete Brasil Sete Brasil Sete Brasil Sete Brasil Sete Brasil Sete Brasil Sete Brasil On Order:- 28 Vessel(s); 2,826,495 DWT. 4,500 4,400 GT Starnav Brasil 4,500 4,400 GT Starnav Brasil 4,500 4,400 GT Starnav Brasil 4,500 4,400 GT Starnav Brasil On Order:- 4 Vessel(s); 18,000 DWT. 496 497 498 506 507 494 509 511 520 510 512 495 499 508 500 513 501 514 70,000 PDV Marina S.A. 70,000 PDV Marina S.A. 70,000 PDV Marina S.A. 37,800 2,700 TEU Log-In Logistica 37,800 2,700 TEU Log-In Logistica 47,000 PDV Marina S.A. 80,000 Log-In Logistica 75,000 Transpetro 4,000 3,097 GT Astromaritima Nav. 4,000 3,097 GT Astromaritima Nav. 80,000 Log-In Logistica 75,000 Transpetro 47,000 PDV Marina S.A. 70,000 PDV Marina S.A. 37,800 2,700 TEU Log-In Logistica 70,000 PDV Marina S.A. 75,000 Transpetro 70,000 PDV Marina S.A. 75,000 Transpetro 4,500 3,485 GT Brasil Supply 4,500 3,485 GT Brasil Supply 4,500 3,485 GT Brasil Supply 4,500 3,485 GT Brasil Supply 70,000 PDV Marina S.A. 70,000 PDV Marina S.A. 5,000 3,872 GT Swire Pacific 5,000 3,872 GT Swire Pacific 5,000 3,872 GT Swire Pacific 5,000 3,872 GT Swire Pacific On Order:- 29 Vessel(s); 1,273,400 DWT. 100,000 Petrobras 100,000 Petrobras 100,000 Petrobras 100,000 Petrobras 100,000 Petrobras 100,000 Petrobras 100,000 Petrobras 100,000 Petrobras On Order:- 8 Vessel(s); 800,000 DWT. 2,000 2,000 2,000 2,000 1,548 GT 1,548 GT 1,548 GT 1,548 GT ECO ECO ECO ECO

Suape
Jul 2012 Aug 2012 Oct 2012 2013 2013 2013 2013 2013 Jan 2013 Apr 2013 Jul 2013 Aug 2013 Oct 2013 Oct 2013 Dec 2013 2014 2014 Jan 2014 Feb 2014 Apr 2014 Apr 2014 Jan 2015 Jul 2015 Jan 2016 Jul 2016 Jan 2017 Jul 2017 Jan 2018

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Australia
Austal Pty. Ltd.
MSV MSV MSV 271 GT Unknown 271 GT Unknown 271 GT Unknown On Order:- 3 Vessel(s); DWT. 067 069 1,450 10,841 GT Unknown 5,000 GT Los Cipreses S.A. On Order:- 2 Vessel(s); 1,450 DWT.

Henderson
May 2012 May 2012 May 2012

Incat Tasmania
Fast PCCat Fast PCCat

Hobart
2012 Oct 2012

Bangladesh
Ananda Shipyard
MPP MPP MPP MPP MPP MPP MPP MPP 226/34 226/38 7,100 Hermann Lohmann 6,100 Tom Worden Schiffs 6,100 Tom Worden Schiffs 7,100 Hermann Lohmann 6,100 Komrowski Befracht. 6,100 Komrowski Befracht. 7,100 Hermann Lohmann 7,100 Hermann Lohmann On Order:- 8 Vessel(s); 52,800 DWT. 2,500 Shun Shing 2,500 Shun Shing 2,500 Shun Shing 4,500 Hollander Scholtens 4,500 Hollander Scholtens 4,500 Hollander Scholtens 4,500 Hollander Scholtens 4,500 Hollander Scholtens 4,500 Hollander Scholtens 4,500 Hollander Scholtens 4,500 Hollander Scholtens On Order:- 11 Vessel(s); 43,500 DWT. 55 56 57 928/09 928/11 928/10 Stella Shipping P/S Stella Shipping P/S Stella Shipping P/S 1,000 GT Hundested-Rrvig 5,200 Grona Shipping 5,200 Grona Shipping 5,200 MK Shipping BV 5,200 Grona Shipping 5,200 MK Shipping BV 1,350 Nurjahan Group 1,350 Nurjahan Group 1,350 Nurjahan Group 1,350 Nurjahan Group 1,800 Nurjahan Group 1,800 Nurjahan Group 1,800 Nurjahan Group 1,800 Nurjahan Group 5,200 MK Shipping BV 5,200 Grona Shipping 5,200 MK Shipping BV 1,800 Nurjahan Group 1,800 Nurjahan Group On Order:- 22 Vessel(s); 70,100 DWT. 4,100 4,100 4,100

Sonargaon
Jan 2012 Jan 2012 Mar 2012 May 2012 May 2012 Jul 2012 Sep 2012 Jan 2013

Highspeed S.B.
GCargo GCargo GCargo MPP MPP MPP MPP MPP MPP MPP MPP

Chittagong
2012 2012 2012 Jul 2012 Sep 2012 Nov 2012 Jan 2013 Mar 2013 May 2013 Jul 2013 Sep 2013

Detroit Brasil
PSV PSV PSV PSV

Brasil
Oct 2012 Jan 2013 Apr 2013 Oct 2013

Eisa Shipyard
Products Products Products Container Container Products Bulk Tanker PSV PSV Bulk Tanker Products Products Container Products Tanker Products Tanker PSV PSV PSV PSV Products Products PSV PSV PSV PSV

Rio De Janeiro
2012 2012 2012 2012 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012 2013 2013 Jan 2013 May 2013 May 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Nov 2013 2014 2014 Feb 2014 Apr 2014 Jun 2014 Aug 2014

Western Marine
MPP MPP MPP Pass/Car F. MPP MPP MPP MPP MPP Edible Oil Edible Oil Edible Oil Edible Oil GCargo GCargo GCargo GCargo MPP MPP MPP GCargo GCargo

Chittagong
2012 2012 2012 Feb 2012 Jun 2012 Jul 2012 Sep 2012 Sep 2012 Nov 2012 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Mar 2013 2014 2014

502 503

928/12

Brazil
Alianca Shipyard
PSV PSV PSV PSV PSV PSV PSV PSV AL-016 AL-017 AL-18 AL-19 4,750 3,000 GT Brasileira Offshore 4,750 3,000 GT Brasileira Offshore 4,700 3,000 GT Brasileira Offshore 4,700 3,000 GT Brasileira Offshore 4,500 3,485 GT Sao Miguel Nav. 4,500 3,485 GT Sao Miguel Nav. 4,500 3,485 GT Sao Miguel Nav. 4,500 3,485 GT Sao Miguel Nav. On Order:- 8 Vessel(s); 36,900 DWT. 1,000 606 GT BSCO On Order:- 1 Vessel(s); 1,000 DWT.

Est. Rio Grande Niteroi


Aug 2012 Dec 2012 Feb 2013 Jul 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 FPSO FPSO FPSO FPSO FPSO FPSO FPSO FPSO

Rio Grande
2015 2015 2016 2016 2016 2017 2017 2017

Estaleiro Navship
Sep 2012 PSV PSV PSV PSV

Navegantes
Jun 2012 Aug 2012 Oct 2012 Dec 2012

Arpoador
Crew/Fast Sup

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 5

1st July 2012

Brazil
Type Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Type Hull No. Dwt. *Other Units Owner Delivery On Order:- 4 Vessel(s); 8,000 DWT.

Bulgaria
Rio De Janeiro Bulyard
Bulk Bulk Bulk Bulk 106 102 107 108 55,800 Navibulgar 55,800 Industrial Holding 55,800 Navibulgar 55,800 Navibulgar On Order:- 4 Vessel(s); 223,200 DWT. 7,620 Fehn Bereederungs 8,000 Wijnne & Barends 8,000 Wijnne & Barends 4,850 Nimmrich & Prahm On Order:- 4 Vessel(s); 28,470 DWT.

ETP Brazil
PSV PSV 22 23 1,300 1,006 GT Siem Consub S.A. 1,300 1,006 GT Siem Consub S.A. On Order:- 2 Vessel(s); 2,600 DWT. 8,800 7,200 cbm Elcano (Brazil) 8,800 7,200 cbm Elcano (Brazil) 8,800 7,200 cbm Elcano (Brazil) On Order:- 3 Vessel(s); 26,400 DWT. Sete Brasil On Order:- 1 Vessel(s); DWT. M-203 M-204 48,300 Transpetro 48,300 Transpetro On Order:- 2 Vessel(s); 96,600 DWT. 45,000 45,000 45,000 Kingfish Do Brasil Kingfish Do Brasil Kingfish Do Brasil 10,422 GT Sapura Crest Pet. 45,000 Kingfish Do Brasil 45,000 Kingfish Do Brasil 45,000 Kingfish Do Brasil 45,000 Kingfish Do Brasil 45,000 Kingfish Do Brasil 45,000 Kingfish Do Brasil 45,000 Kingfish Do Brasil 45,000 Kingfish Do Brasil On Order:- 12 Vessel(s); 495,000 DWT. 4,500 4,000 cbm Transpetro 8,500 7,000 cbm Transpetro 13,500 12,000 cbm Transpetro 4,500 4,000 cbm Transpetro 13,500 12,000 cbm Transpetro 8,500 7,000 cbm Transpetro 8,500 7,000 cbm Transpetro 8,500 7,000 cbm Transpetro On Order:- 8 Vessel(s); 70,000 DWT. 30,000 Transpetro 30,000 Transpetro 30,000 Transpetro 30,000 Transpetro 30,000 Transpetro On Order:- 5 Vessel(s); 150,000 DWT. 4,500 Sao Miguel Nav. 4,500 Sao Miguel Nav. 4,500 Sao Miguel Nav. 2,000 1,200 GT Sky Mar 2,000 1,624 GT Sao Miguel Nav. 2,000 1,000 GT Sky Mar 2,000 1,624 GT Sao Miguel Nav. On Order:- 7 Vessel(s); 21,500 DWT. 4,500 3,485 GT Guanabara Nav On Order:- 1 Vessel(s); 4,500 DWT. 27 Pro-29 PRO-28 30 31 33 Pro-32 4,700 7,099 GT DOF Management 4,700 3,700 GT Siem Consub S.A. 4,700 3,700 GT Deep Sea Brazil 4,500 6,000 GT NorSkan Offshore 4,500 6,000 GT NorSkan Offshore 4,500 6,000 GT NorSkan Offshore 4,500 6,000 GT NorSkan Offshore On Order:- 7 Vessel(s); 32,100 DWT. 45,000 Global Transoceanico 45,000 Global Transoceanico 45,000 Global Transoceanico On Order:- 3 Vessel(s); 135,000 DWT. 130 4,100 3,000 3,000 2,600 GT Magallanes de Nav. 2,323 GT Galaxia Maritima 2,323 GT Galaxia Maritima 4,400 GT Fugro Brasil On Order:- 4 Vessel(s); 10,100 DWT.

Varna
Jul 2012 Aug 2012 Oct 2012 Jan 2013

Jun 2012 Jun 2012

Itajai Shipyard

Itajai
2012 2012 2012

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L.P.G. L.P.G. L.P.G.

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Rousse Shipyard
MPP/Hvy. Lift MPP MPP MPP 902 823 825 880

Rousse
2012 Jan 2012 May 2012 May 2012

Jurong Aracruz
Drillship Apr 2015

Maua Jurong
Products Products

Rio De Janeiro
Aug 2012 Dec 2012

Canada
Davie Ind.
MSV MSV MSV 718 717 719 10,000 13,600 GT Cecon ASA 10,000 13,600 GT Cecon ASA 10,000 14,161 GT Cecon ASA On Order:- 3 Vessel(s); 30,000 DWT. 700 4,985 GT Pearl Seas Cruises On Order:- 1 Vessel(s); 700 DWT. 4,000 3,147 GT Maersk Supply 4,000 3,147 GT Maersk Supply On Order:- 2 Vessel(s); 8,000 DWT.

Levis
Jun 2012 Jul 2012 Dec 2013

OSX Acu
Products Products Products Cable Lay Products Products Products Products Products Products Products Products 2014 2014 2014 Jan 2014 2015 2015 2015 2016 2016 2016 2017 2017

Irving S.B.
Cruise 6092

Halifax
2012

Marystown S.Y.
PSV PSV

Marystown
Jun 2012 Jun 2012

Chile
ASENAV
AHTS AHTS 3,500 2,985 GT Maersk Supply 3,500 2,985 GT Maersk Supply On Order:- 2 Vessel(s); 7,000 DWT. AGS 61 1,245 3,068 GT Chilean Navy On Order:- 1 Vessel(s); 1,245 DWT.

Valdivia
Feb 2014 Feb 2015

Promar
L.P.G. L.P.G. L.P.G. L.P.G. L.P.G. L.P.G. L.P.G. L.P.G.

Fortaleza
Jul 2013 Aug 2013 Sep 2013 Oct 2013 Dec 2013 Dec 2013 Apr 2014 Aug 2014

Asmar Chile
Oceanograph.

Talcahuano
Apr 2013

China P.R.
Afai Southern
Pass 75 250 GT Unknown On Order:- 1 Vessel(s); 75 DWT. 1,475 1,500 GT Newcruz 1,475 1,500 GT Newcruz 1,475 1,500 GT Newcruz 1,475 1,500 GT Newcruz 1,475 1,500 GT Newcruz 1,475 1,500 GT Newcruz 1,475 1,500 GT Newcruz 1,475 1,500 GT Newcruz 1,475 1,500 GT Newcruz On Order:- 9 Vessel(s); 13,275 DWT. 7,500 SOCATRA 6,000 6,500 cbm Anthony Veder 6,000 6,500 cbm Anthony Veder 6,000 6,500 cbm Anthony Veder 4,200 Global Energy Asia 4,200 Global Energy Asia 6,000 6,500 cbm Anthony Veder On Order:- 7 Vessel(s); 39,900 DWT. 28,400 Quanzhou Ansheng 28,400 Quanzhou Ansheng 92,500 Transmed Shipping 28,400 Jiangyin Hailan Shpg 92,500 Transmed Shipping 28,400 Jiangyin Hailan Shpg 28,400 Jiangyin Hailan Shpg 92,500 Transmed Shipping 28,400 Jiangyin Hailan Shpg 28,400 Jiangyin Hailan Shpg 92,500 Transmed Shipping 28,400 Quanzhou Ansheng 28,400 Quanzhou Ansheng 92,500 Transmed Shipping On Order:- 14 Vessel(s); 718,100 DWT. China Merchants HOSCO Guangxi Beibu Shandong Shipping

Panyu
Feb 2013

ASL Guangdong Rio De Janeiro


Sep 2012 Dec 2012 Mar 2013 Jun 2013 Sep 2013 AHTS AHTS AHTS AHTS AHTS AHTS AHTS AHTS AHTS

Guangdong
Oct 2012 Nov 2012 Dec 2012 Jan 2013 Mar 2013 Apr 2013 Jun 2013 Aug 2013 Oct 2013

Rio Nave
Products Products Products Products Products

Sao Miguel Shipyard


Bunkering Bunkering Bunkering PSV PSV PSV PSV

Gradim
2012 2012 2012 Jun 2013 Oct 2013 Dec 2013 Feb 2014

AVIC Dingheng SB
Ch&O* GHCY 7500-07 Ethy/LPG Ethy/LPG Ethy/LPG 0011 Bunkering 0012 Bunkering LNG/Eth/LPG

Yangzhou
May 2012 Jun 2012 Jul 2012 Sep 2012 2013 2013 Jan 2013

001/10 003/10 002/10 004/10

Singmarine Brasil
PSV Oct 2013

STX Niteroil
AHTS PSV PSV AHTS AHTS AHTS PSV

Niteroi
Jun 2012 Jun 2012 Jul 2012 Nov 2012 May 2013 May 2013 Dec 2013

AVIC Weihai SY
MPP MPP Bulk MPP Bulk MPP MPP Bulk MPP MPP Bulk MPP MPP Bulk

Weihai
2012 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 2013 2013 Feb 2013

SN335 SN352 SN343 SN353 SN344 SN354 SN345

Unknown Yard /Brazil


Products Products Products

Unknown
2012 2012 2012

SN346

Wilsons Sons
PSV PSV PSV ROV/Sub Spt

Guaruja
Jun 2012 Jun 2013 Jun 2013 Feb 2014

Beihai Shipyard
Bulk Bulk Bulk Bulk BC180-19 180,000 BC8.2-9 82,000 81,700 BC180-46 180,000

Qingdao
Jul 2012 Jul 2012 Jul 2012 Sep 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 6

1st July 2012

Orderbook by Shipyard
Type Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Hull No. Dwt. *Other Units Owner Delivery Sep 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Feb 2013 Feb 2013 Jun 2013 Sep 2013 Oct 2013 Dec 2013 Type OH* Bulk Bulk OH* OH* OH* Hull No. Dwt. *Other Units Owner BC180-68 180,000 Bao-Island 82,000 First S.S. BC8.2-10 82,000 HOSCO 81,700 Guangxi Beibu BC8.2-11 82,000 HOSCO BC180-69 180,000 Bao-Island 82,000 First S.S. BC8.2-12 82,000 HOSCO BC180-47 180,000 Shandong Shipping 82,000 Formosa Plastics Co. BC180-48 180,000 Shandong Shipping 82,000 Formosa Plastics Co. On Order:- 16 Vessel(s); 1,899,400 DWT. 518-3 320,000 PetroChina 46,000 Shenhua Zhonghai 45,000 CSC Phoenix 45,000 Tianjin Zhonghai BH416-4 388,133 Berge Bulk AS 410G2-2 203,000 Transmed Shipping 46,000 Shenhua Zhonghai 45,000 CSC Phoenix 518-4 320,000 PetroChina 45,000 Tianjin Zhonghai 46,000 Shenhua Zhonghai 45,000 CSC Phoenix 410G2-3 203,000 Transmed Shipping 518-7 320,000 Novoship (UK) Ltd. 46,000 Shenhua Zhonghai 45,000 CSC Phoenix 45,000 Tianjin Zhonghai 410G2-4 203,000 Transmed Shipping 418-13 58,057 CSC Phoenix 46,000 Shenhua Zhonghai 45,000 CSC Phoenix 410G2-5 203,000 Transmed Shipping 45,000 Tianjin Zhonghai 518-8 320,000 Novoship (UK) Ltd. 46,000 Shenhua Zhonghai 45,000 CSC Phoenix 45,000 Tianjin Zhonghai 418-14 58,057 CSC Phoenix 45,000 CSC Phoenix 45,000 Tianjin Zhonghai 45,000 Tianjin Zhonghai 45,000 Tianjin Zhonghai 516-3 158,400 Ciner Denizcilik 516-4 158,400 Ciner Denizcilik On Order:- 34 Vessel(s); 3,864,047 DWT. 14,500 CCCC TDC 600 820 GT Oceanus Marine Offsh On Order:- 2 Vessel(s); 15,100 DWT. 35,000 Parakou Shpg. 35,000 Parakou Shpg. 35,000 Parakou Shpg. 35,000 Parakou Shpg. On Order:- 4 Vessel(s); 140,000 DWT. 75,000 53,106 46,000 35,000 35,500 75,000 48,909 46,000 35,500 49,000 49,000 75,000 48,909 46,000 35,500 64,000 75,000 76,000 46,000 35,500 75,000 75,000 75,000 CSL Group Inc. Jiahe Shipping Shenhua Zhonghai Wah Kwong Shpg. CSL Group Inc. CSL Group Inc. Shanghai Time Shpg. Shenhua Zhonghai CSL Group Inc. Ningbo Fonwa Shpg Ningbo Fonwa Shpg CSL Group Inc. Shanghai Time Shpg. Shenhua Zhonghai CSL Group Inc. Goldwin Shipping CSL Group Inc. Torvald Klaveness Shenhua Zhonghai CSL Group Inc. CSL Group Inc. CSL Group Inc. CSL Group Inc. 39,000 China Navigation Co. 75,000 CSL Group Inc. 75,000 CSL Group Inc. 39,000 China Navigation Co. 39,000 China Navigation Co. 39,000 China Navigation Co. On Order:- 29 Vessel(s); 1,580,924 DWT. DF80-12 7,950 Flinter Shipping 9,000 East Ocean Shpg. 9,000 East Ocean Shpg. On Order:- 3 Vessel(s); 25,950 DWT. 9,000 Odfjell ASA 9,000 Odfjell ASA 7,200 CSIC-IMC Shipping 9,000 Odfjell ASA 7,800 Shanghai Jinhai Shpg 7,800 Shanghai Jinhai Shpg On Order:- 6 Vessel(s); 49,800 DWT. 7,000 Unknown Singapore 6,500 GT Unknown 6,500 GT Unknown On Order:- 3 Vessel(s); 7,000 DWT.

China P.R.
Delivery Dec 2013 2014 2014 Mar 2014 May 2014 May 2014

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China Dongfang SB
MPP Ch&O* Ch&O*

Wenzhou
2012 Jun 2012 Aug 2012

Bohai Shipbld.
Tanker Bulk Bulk Bulk Ore Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Tanker

Huludao
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 May 2013 May 2013 May 2013 May 2013 Jun 2013 Jul 2013 Jul 2013 Sep 2013 Nov 2013 Feb 2014 Mar 2015

Chongqing Chuandong
Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* HT0123 HT0124 HT0118 HT0125

Chongqing
May 2012 May 2012 May 2012 Jul 2012 Sep 2012 Dec 2012

Chongqing Dongfeng
Products Pass/Car F. Pass/Car F.

Dongfeng
2012 2012 2012

CIC (Jiangsu)
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk 56,639 Guangdong Lanhai 56,639 Guangdong Lanhai 56,639 Guangdong Lanhai 48,000 China Shpg. Tramp 47,500 Taihang Shipping 47,500 Shanghai Youhao CIS47500/B-03 47,500 Ningbo Marine Corp. CIS46000-03 44,424 Shenhua Zhonghai 48,000 China Shpg. Tramp 48,000 China Shpg. Tramp 48,000 China Shpg. Tramp 47,500 Shanghai Youhao 48,000 China Shpg. Tramp 48,000 China Shpg. Tramp 44,424 Shenhua Zhonghai 56,639 Guangdong Lanhai 56,639 Guangdong Lanhai 56,639 Guangdong Lanhai 56,639 Guangdong Lanhai 48,000 Guangdong Lanhai 48,000 Guangdong Lanhai 48,000 Guangdong Lanhai 48,000 Guangdong Lanhai 47,500 Taihang Shipping 47,500 Taihang Shipping 48,000 China Shpg. Tramp 48,000 China Shpg. Tramp 44,424 Shenhua Zhonghai 48,000 China Shpg. Tramp 48,000 China Shpg. Tramp 48,000 China Shpg. (Hainan) 48,000 China Shpg. Tramp 48,000 China Shpg. Tramp 110,000 China Shpg. Tankers 47,500 China Shpg. Tramp On Order:- 35 Vessel(s); 1,788,245 DWT. 3,000 Chuang Xin Grp Ltd 3,000 Chuang Xin Grp Ltd 3,000 Chuang Xin Grp Ltd 15,590 CCCC TDC On Order:- 4 Vessel(s); 24,590 DWT. N252 N333 N334 N268 N206 N253 N376 N207 MPF01 N377 N254 N208 92,500 82,000 82,000 79,500 79,023 92,500 82,000 79,500 57,076 120,000 82,000 92,500 79,500 Vroon Gleamray Maritime Gleamray Maritime Noble Group Ltd. Golden Union Vroon Union Marine Ent. Golden Union Unknown Dalian Deepwater Union Marine Ent. Noble Group Ltd. Golden Union

Jiangdu
2012 2012 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Feb 2013 Feb 2013 Mar 2013 Apr 2013 May 2013 May 2013 Jun 2013 Sep 2013 Sep 2013

CCCC Bomesc Marine


TSH Dredger AHT S25

Tianjin
Jul 2012 Oct 2013

Changqingsha SY
Bulk Bulk Bulk Bulk CQS-1003 CQS-1005 CQS-1006 CQS-1004

Nantong
Dec 2012 2013 2013 Jan 2013

Chengxi Shipyd.
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 9303 CX4271 CX0323 9304 0417

Jiangyin
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 2013 2013 Jan 2013 Feb 2013 Feb 2013 Feb 2013 Mar 2013 Apr 2013 May 2013 May 2013 May 2013 Jul 2013 Oct 2013 Dec 2013

CMHI
Bunkering Bunkering Bunkering TSH Dredger

Shenzhen
Aug 2012 Aug 2012 Oct 2012 Dec 2012

CX0419 CX0420 9701 0418

COSCO Dalian
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Drillship Bulk Bulk Bulk

Dalian
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012

CX0601 9702 9704

9703 9705

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 7

1st July 2012

China P.R.
Type Bulk Bulk Bulk Bulk Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Jan 2013 Mar 2013 Apr 2013 Jul 2013 Type Hull No. Dwt. *Other Units Owner Delivery N209 N210 82,000 Tangshan Huaxing 57,076 Unknown 79,500 Golden Union 79,500 Golden Union On Order:- 17 Vessel(s); 1,398,175 DWT. 57,000 Er Denizcilik 57,000 Harbor Shpg. & Trdg. 57,000 Dynacom Tankers Mngt 35,000 Sohtorik Denizcilik 57,000 Er Denizcilik 57,000 Dynacom Tankers Mngt 35,000 Sohtorik Denizcilik 57,000 Unknown 35,000 Harbor Shpg. & Trdg. 5,448 Vroon 35,000 Er Denizcilik 57,000 Unknown 5,448 Vroon 5,448 Vroon 4,000 3,097 GT Tidewater Marine 5,448 Vroon 4,000 3,097 GT Tidewater Marine 4,000 3,097 GT Tidewater Marine 4,000 3,097 GT Tidewater Marine On Order:- 19 Vessel(s); 576,792 DWT. 9,762 GT Sapura Crest Pet. 9,762 GT Sapura Crest Pet. 20,547 GT Unknown 20,547 GT Unknown On Order:- 4 Vessel(s); DWT. 56,943 U-Ming Marine Tran. 57,000 Unknown Greek Owner 57,000 Leros Management 57,000 Oceanstar Shipmngt 56,943 U-Ming Marine Tran. 57,000 Leros Management 57,000 Unknown Greek Owner 57,000 Oceanstar Shipmngt 57,000 Unknown Greek Owner 57,000 Leros Management 57,000 Leros Management 57,000 Unknown Greek Owner 57,000 Oceanstar Shipmngt 82,000 Daelim Corporation 57,000 Oceanstar Shipmngt 82,000 Daelim Corporation 64,000 Lomar Shpg 64,000 Lomar Shpg On Order:- 18 Vessel(s); 1,089,886 DWT. 3,600 China Marine Bunker 6,986 GT Blue Sea 6,986 GT Blue Sea 6,986 GT Blue Sea 4,790 4,580 GT Blue Sea 4,790 4,580 GT Blue Sea 4,790 4,580 GT Blue Sea 4,790 4,580 GT Blue Sea 4,790 4,580 GT Blue Sea 4,790 4,580 GT Blue Sea On Order:- 10 Vessel(s); 32,340 DWT. On Order:- 1 Vessel(s); 12,000 DWT.

Dalian Shipbuilding
Tanker Tanker MPP Tanker Ore Bulk Bulk Bulk Container Tanker Products Ore Bulk MPP Container Container MPP Tanker Bulk Bulk Bulk Tanker Bulk MPP Tanker Tanker Bulk Container Container Container Container Tanker Bulk Container Bulk Tanker Container Tanker Ore Container Tanker Tanker Container Tanker Container Container Ch&O* Ch&O* PC760-28 PC760-23 MC240-5 T3000-46 OC3000-3 BC1800-42 BC810-1 BC810-2 C6600-4 T3000-47 PC1100-38 OC3000-4 BC810-3 MC 240-5 C6600-2 C6600-3 MC240-6 PC1100-39 BC810-4 BC810-5 T3000-48 MC 240-6 PC1100-40 BC810-6 76,000 Shenzhen Sanding 76,000 Shenzhen Sanding 24,000 Pacific Int. Lines 320,000 Unknown 315,146 China Shpg. Tramp 180,330 Pacific Int. Lines 81,200 Far East Leasing 81,200 Far East Leasing 84,700 6,606 TEU Pacific Int. Lines 320,000 Unknown 110,000 China Shpg. Tankers 315,146 China Shpg. Tramp 81,200 Far East Leasing 24,000 Pacific Shipping 84,700 6,606 TEU Pacific Int. Lines 84,700 6,606 TEU Pacific Int. Lines 24,000 Pacific Int. Lines 110,000 China Shpg. Tankers 81,200 Haibao Shipping 81,200 Far East Leasing 81,200 South Ocean Shpg. 320,000 Unknown 180,000 Haibao Shipping 24,000 Pacific Shipping 320,000 SK Shipping Co. Ltd. 110,000 China Shpg. Tankers 81,200 South Ocean Shpg. 120,000 10,000 TEU China Shpg. Cont. 120,000 10,000 TEU China Shpg. Cont. 120,000 10,000 TEU China Shpg. Cont. 120,000 10,000 TEU China Shpg. Cont. 320,000 Unknown 81,200 Haibao Shipping 84,700 6,606 TEU Pacific Int. Lines 180,000 Haibao Shipping 320,000 SK Shipping Co. Ltd. 84,700 6,606 TEU Pacific Int. Lines 320,000 Unknown 315,146 China Shpg. Tramp 52,000 4,300 TEU Pacific Int. Lines 320,000 China Shpg. Tankers 320,000 Unknown 52,000 4,300 TEU Pacific Int. Lines 320,000 China Shpg. Tankers 52,000 4,300 TEU Pacific Int. Lines 52,000 4,300 TEU Pacific Int. Lines 75,000 Tankers Inc 75,000 Tankers Inc On Order:- 48 Vessel(s); 7,174,868 DWT. 13,500 Unknown 13,500 Unknown 13,500 Unknown 13,500 Unknown Dutch 13,500 Unknown 13,500 Unknown 13,500 Unknown On Order:- 7 Vessel(s); 94,500 DWT. 9,500 1,509 63,000 58,000 57,981 1,509 63,500 1,509 1,509 63,301 63,301 63,000 57,981 58,000 63,500 63,301 63,301 63,000 58,000 63,500 63,500 63,000 12,000 cbm Nat. Iranian Tanker 1,517 GT Bourbon Offshore Ocean Agencies Ltd. Unknown Unknown 1,517 GT Bourbon Offshore Ciner Denizcilik 1,517 GT Bourbon Offshore 1,517 GT Bourbon Offshore Setaf-Saget Setaf-Saget Ocean Agencies Ltd. Unknown Densan Deniz Ciner Denizcilik Setaf-Saget Setaf-Saget Ocean Agencies Ltd. Densan Deniz Ciner Denizcilik Ciner Denizcilik Ocean Agencies Ltd.

Dalian
2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 Apr 2013 Jun 2013 Jun 2013 Jun 2013 Sep 2013 Sep 2013 Dec 2013 Jan 2014 Mar 2014

COSCO Guangdong

Guangzhou
Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Dec 2012 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Apr 2013 May 2013 Aug 2013 Oct 2013 Nov 2013 Dec 2013 Feb 2014 Apr 2014

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Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Livestock Bulk Bulk Livestock Livestock PSV Livestock PSV PSV PSV

N341 N365 N345 N352 N342 N346 N353 N361 N366 N392 N470 N362 N393 N394 N395

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COSCO Nantong
Cable Lay Cable Lay Pipe Layer Pipe Layer

Jiangsu
Oct 2012 Oct 2012 Oct 2013 Jan 2014

448 449

COSCO Zhoushan
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk N201 N195 N383 N202 N196 N384

Zhoushan
Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 2013 2013 Feb 2013 Feb 2013 Apr 2013 May 2013 Jun 2013 Mar 2014 Jun 2014

T3000-49 C6600-5

C6600-6 T3000-50 OC3000-10 CS4300-1 T3000-51 CS4300-2 CS4300-3 CS4300-4 CP750-1 CP750-2

N385 N413 N386 N414

Damen Yichang
MPP MPP MPP MPP MPP MPP MPP 567502 567503 567504 567505 567506 567507 567508

Yichang
Apr 2012 Jun 2012 Aug 2012 Mar 2013 Jun 2013 Aug 2013 Nov 2013

CPLEC
Tanker MSV MSV MSV PSV PSV PSV PSV PSV PSV

Liaohe
Jun 2012 Jan 2013 Jan 2013 Jan 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013

Dayang S.B.
L.P.G. PSV Bulk Bulk Bulk PSV Bulk PSV PSV Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Yangzhou
2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Jan 2013 Jan 2013 Jan 2013

Dalian COSCO KHI


Ore Ore Bulk Ore Ore Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk NE107 298,000 Zodiac Maritime Agy. DE005 300,000 Xing Long Maritime 205,000 Nippon Yusen Kaisha DE006 300,000 Xing Long Maritime NE108 298,000 Zodiac Maritime Agy. DE009 205,000 Kumiai Senpaku K.K. DE010 205,000 Kumiai Senpaku K.K. NE109 205,000 Nippon Yusen Kaisha DE012 58,000 Marubeni Corp. DE011 205,000 Kumiai Senpaku K.K. NE110 205,000 Nippon Yusen Kaisha DE013 58,000 Marubeni Corp. DE002 205,000 COSCO Group DE004 205,000 COSCO Group On Order:- 14 Vessel(s); 2,952,000 DWT. 12,000 Heilongjiang Marine

China P.r.
Jul 2012 Sep 2012 2013 Jan 2013 Jan 2013 Mar 2013 Jun 2013 Jun 2013 Jun 2013 Sep 2013 Oct 2013 Dec 2013 Feb 2014 May 2014

DY142 DY145 DY4019

DY4005 DY4006 DY146 DY147 DY4024 DY4007 DY4008 DY148 DY4025 DY4026

Dalian Lushun S.B.


GCargo

Dalian
Jun 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 8

1st July 2012

Orderbook by Shipyard
Type PSV Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Utility Hull No. Dwt. *Other Units Owner Delivery Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Jan 2015 Type PSV PSV PSV Hull No. Dwt. *Other Units Owner 1,700 1,316 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore 1,000 806 GT Bourbon Offshore On Order:- 43 Vessel(s); 1,086,402 DWT. Y001 Y002 58,000 Rethymnis & Kuluk. 58,000 Rethymnis & Kuluk. On Order:- 2 Vessel(s); 116,000 DWT. 13,618 Unknown 13,618 Unknown 13,618 Unknown 13,618 Unknown 57,000 Unknown 13,618 Unknown 45,000 CSC Phoenix 27,000 Unknown 13,618 Unknown 13,618 Unknown On Order:- 10 Vessel(s); 224,326 DWT. 3,475 Avin International 3,475 Avin International On Order:- 2 Vessel(s); 6,950 DWT. 1,400 1,500 GT Nam Cheong 1,400 1,500 GT Nam Cheong 1,400 1,500 GT Nam Cheong On Order:- 3 Vessel(s); 4,200 DWT. 23,000 Fujian Guanhai 23,000 Fujian Guanhai 23,000 Baosteel Group 23,000 Baosteel Group 82,500 Dragon Treasure Shpg 47,500 Fujian Guanhai 82,500 Dragon Treasure Shpg 47,500 Fujian Guanhai 47,500 Fujian Guanhai On Order:- 9 Vessel(s); 399,500 DWT. 53,000 Fujian Huarong 13,770 1,204 TEU Unknown On Order:- 2 Vessel(s); 66,770 DWT. 12,356 1,350 3,500 5,145 5,000 5,000 10,500 3,800 3,500 3,800 3,500 3,500 5,154 5,154 3,500 3,500 3,500 3,500 3,500 889 TEU 1,387 GT 2,710 GT 3,671 GT 3,671 GT 3,500 GT 877 TEU 2,369 GT 2,710 GT 2,943 GT 2,710 GT 2,710 GT 3,991 GT 3,991 GT 2,710 GT 2,710 GT 2,710 GT 2,710 GT 2,710 GT Gebruder Winter Stanford Marine Shanghai China-Trust Seacor Marine Tidewater Marine Tidewater Marine Navigia Group Tidewater Marine Shanghai China-Trust Tidewater Marine Shanghai China-Trust Shanghai China-Trust Unknown Unknown Shanghai China-Trust Shanghai China-Trust Shanghai China-Trust Shanghai China-Trust Shanghai China-Trust 3,500 2,710 GT Shanghai China-Trust 3,500 2,710 GT Shanghai China-Trust 3,500 2,710 GT Shanghai China-Trust On Order:- 22 Vessel(s); 99,259 DWT. 9,200 Heng Li Marine On Order:- 1 Vessel(s); 9,200 DWT. 206 207 208 DN59M-92 DN59M-109 SK 66 DN59M-110 DN59M-111 SK 75 97 98 99 SK 67 SK701 DN59M-112 SK 68 SK205 SK 69 DN59M-100 DN59M-113 2,940 2,940 2,940 971 1,385 1,340 1,385 1,385 1,400 1,400 1,400 1,400 1,340 3,350 1,385 1,400 2,500 2,688 GT Nam Cheong 2,688 GT Nam Cheong 2,688 GT Nam Cheong 1,769 GT Vroon Offshore Serv. 1,678 GT Coastal Contracts 1,678 GT Nam Cheong 1,678 GT Coastal Contracts 1,678 GT Coastal Contracts 1,500 GT Nam Cheong 1,678 GT Vroon Offshore Serv. 1,678 GT Vroon Offshore Serv. 1,678 GT Vroon Offshore Serv. 1,678 GT Sentinel Marine 2,900 GT Nam Cheong 1,678 GT Coastal Contracts 1,500 GT Nam Cheong 2,532 GT Nam Cheong 1,500 GT Sentinel Marine 1,385 1,678 GT Coastal Contracts 1,385 1,678 GT Coastal Contracts On Order:- 20 Vessel(s); 33,631 DWT. 6,163 Unknown On Order:- 1 Vessel(s); 6,163 DWT. 1,030 GT Unknown 1,200 GT Zamil Offshore 1,200 GT Zamil Offshore 1,400 1,500 GT Yudhi 1,400 1,500 GT Yudhi 50,000 GT Consolidated Project 1,400 1,194 GT Consolidated Project 1,400 1,194 GT Consolidated Project 1,400 1,194 GT Consolidated Project On Order:- 9 Vessel(s); 7,750 DWT. HT092201 HT102103 HT102211 082X07 082X09 HT082X10 HT102105 082X08 HT102106 HT102107 HT102212 HT112207 HT112208 Zhejiang Helicetude Jaya Offshore Pte Fangchenggang South. Flexi-fit GMG Guangdong GMG Guangdong Jaya Offshore Pte Flexi-fit 1,350 Unknown 1,350 Unknown 5,000 Fangchenggang South. 4,999 Unknown Singapore 4,999 Unknown Singapore On Order:- 13 Vessel(s); 37,342 DWT. 1,800 27,000 9,650 27,000 57,000 57,000 57,000 57,000 76,000 76,000 76,000 76,000 65,000 65,000 65,000 65,000 4,059 4,059 4,059 4,059 4,059 4,059 4,059 1,535 GT China Oilfield Serv. COSCO Shipping Co. 14,988 GT COOEC COSCO Shipping Co. China Shpg. (Hainan) China Shpg. (Hainan) China Shpg. (Hainan) China Shpg. (Hainan) COSCO Hunan COSCO Hunan COSCO Hunan COSCO Hunan COSCO Shenzhen COSCO Shenzhen COSCO Shenzhen COSCO Shenzhen 3,351 GT Basic Offshore 3,351 GT Basic Offshore 3,351 GT Basic Offshore 3,351 GT Basic Offshore 3,351 GT Basic Offshore 3,351 GT Basic Offshore 3,351 GT Basic Offshore 3,000 2,000 5,000 2,544 2,500 2,100 2,500 2,990 GT 1,705 GT 5,000 cbm 2,759 GT 2,759 GT 2,759 GT 2,132 GT 1,500 GT 1,470 GT 1,470 GT 5,000 cbm 750

China P.R.
Delivery Oct 2014 Jan 2015 Apr 2015

Fujian Ruili
GCargo

Ruili
2012

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Fujian Southeast
AHTS AHTS AHTS MSV AHTS AHTS AHTS AHTS AHTS AHTS AHTS AHTS AHTS PSV AHTS AHTS AHTS AHTS AHTS AHTS

Fuzhou
Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Feb 2013 May 2014

DSME Shandong
Bulk Bulk

Shandong
Jul 2012 Aug 2012

Fujian Baima
Ch&O* Ch&O* Ch&O* Ch&O* Bulk Ch&O* Bulk Bulk Ch&O* Ch&O* SL 701 SL 703 SL 705 SL 706 SL710 SL 708 SL713 SL 709 SL 707

Baishi
2012 2012 2012 2012 2012 Jun 2012 Jul 2012 Jul 2012 Aug 2012 Oct 2012

Gezhouba S.B.
Asp.& Bit. GMSC-088

Yichang
2012

Guangxin S.B.
AHT PSV PSV AHTS AHTS PSV AHTS AHTS AHTS

Guangzhou
Jun 2012 Jul 2012 Sep 2012 Dec 2013 Dec 2013 Jan 2014 Jan 2014 Jan 2014 Jan 2014

Fujian Dongming
Ch&O* Ch&O* CT101 CT102

Fujian
Jul 2012 Jul 2012

Fujian Funing S.B.


AHTS AHTS AHTS SK 71 SK 72 SK 73

Fujian
Jun 2012 Aug 2012 Nov 2012

Guangzhou Hangtong
PSV AHTS L.P.G. AHTS AHTS AHTS AHTS AHTS AHTS AHTS L.P.G. Products Products

Guangdong
Jun 2012 Jun 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Jan 2013

Fujian Guanhai
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Lianjiang
2012 2012 2012 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Dec 2012

GH406C GH406D GH402D GH405B GH402E GH405C GH405D

Fujian Huadong SY
Bulk Container HC101 HC102

Luoyuan
Jul 2012 Sep 2012

Guangzhou Huangpu
AHTS MPP/Hvy. Lift MSV MPP/Hvy. Lift Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk PSV PSV PSV PSV PSV PSV PSV 2269 2319

Guangzhou
Jun 2012 Jul 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 Aug 2013 Oct 2013 Dec 2013 Feb 2014 Apr 2014 Jun 2014 Aug 2014

Fujian Mawei
Container PSV PSV PSV PSV PSV Container PSV PSV PSV PSV PSV PSV PSV PSV PSV PSV PSV PSV 431-6

Fuzhou
Jun 2012 Jun 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Dec 2012 Jan 2013 Apr 2013 Jun 2013 Jun 2013 Jul 2013 Oct 2013 Jan 2014 Apr 2014 Jul 2014

619-16 619-5 619-7 431-10 619-6 619-8

3000 3001 3002 3003

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 9

1st July 2012

China P.R.
Type PSV Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Oct 2014 Type Container Container Container Container Container Container Container Container Container Container Container Container Container Bulk Bulk Bulk Bulk Hull No. 396 435 421 397 398 436 402 437 Dwt. *Other Units Owner Delivery Mar 2013 Mar 2013 Apr 2013 Apr 2013 Jun 2013 Aug 2013 Aug 2013 Sep 2013 Nov 2013 Dec 2013 Dec 2013 2014 2014 Jan 2014 May 2014 Sep 2014 Jan 2015 4,059 3,351 GT Basic Offshore On Order:- 24 Vessel(s); 889,922 DWT. L0026 82,000 Hong Kong Qinfa Shpg L0038 82,000 U-Ming Marine Tran. L0040 82,000 Zhonghai Puyuan Shpg L0042 82,000 Fortune Ocean Shpg. L0028 81,622 Fortune Ocean Shpg. L0025 82,000 Kassian Maritime L0030 320,000 CSC Nanjing Tanker L0039 82,000 U-Ming Marine Tran. L0043 82,000 Fortune Ocean Shpg. L0029 81,622 Fortune Ocean Shpg. L0027 82,000 Hong Kong Qinfa Shpg L0041 82,000 Zhonghai Puyuan Shpg 115,000 Shanghai North Sea L0034 115,000 Shanghai North Sea L0031 320,000 CSC Nanjing Tanker 115,000 Frontline 2012 82,000 Unknown 82,000 Unknown 82,000 Unknown 82,000 Unknown 115,000 Frontline 2012 115,000 Frontline 2012 115,000 Frontline 2012 On Order:- 23 Vessel(s); 2,559,244 DWT.

Guangzhou Longxue
Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Bulk Tanker Tanker Tanker Products Bulk Bulk Bulk Bulk Products Products Products

Longxue Island
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Dec 2012 2013 2013 Aug 2013 Nov 2013 2014 2014 2014 2014 Feb 2014 May 2014 Aug 2014

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

35,000 2,790 TEU Ownership 22,000 1,705 TEU Gebruder Winter 23,400 1,740 TEU Hadley Shpg. Co. 23,400 1,740 TEU STX Pan Ocean 35,000 2,790 TEU Gebruder Winter 35,000 2,790 TEU YSG Shipmanagement 23,400 1,705 TEU Soon Fong Shipping 22,000 1,705 TEU Gebruder Winter 23,400 1,705 TEU Soon Fong Shipping 23,400 1,740 TEU Shreyas Shpg. Ltd. 22,000 1,705 TEU Gebruder Winter 27,000 2,190 TEU Lomar Shpg 27,000 2,190 TEU Lomar Shpg 28,000 Seaboard Marine 28,000 Seaboard Marine 28,000 Seaboard Marine 28,000 Seaboard Marine On Order:- 37 Vessel(s); 948,742 DWT. 3,800 Unknown 3,800 Unknown On Order:- 2 Vessel(s); 7,600 DWT. 64,000 Unknown Chinese 57,000 Da Sin Shpg. Pte. 57,000 Da Sin Shpg. Pte. 57,000 Winland Shpg. & Ent. 57,000 Unknown Chinese 57,000 Winland Shpg. & Ent. 56,568 HI Investments 57,000 Delphin Shipping 57,000 Delphin Shipping 57,000 Chun An Shpg. 56,693 Da Sin Shpg. Pte. 57,000 Conti Reederei 57,000 Delphin Shipping 57,000 Delphin Shipping 56,568 HI Investments 64,000 Rich Forth 57,000 Delphin Shipping 57,000 Da Sin Shpg. Pte. 57,000 Delphin Shipping 57,000 Delphin Shipping 57,000 Conti Reederei 57,000 Unknown Korean 57,000 Delphin Shipping 56,568 HI Investments 57,000 Delphin Shipping 64,000 Load Line 56,568 HI Investments 56,568 HI Investments 50,000 39,352 GT Da Sin Shpg. Pte. 56,568 HI Investments 50,000 39,352 GT Da Sin Shpg. Pte. 57,000 Unknown Korean 57,000 Unknown Korean 57,000 Unknown Korean On Order:- 34 Vessel(s); 1,942,101 DWT. 57,000 Unknown 57,000 Unknown 37,152 Unknown 37,152 Marine Capital Ltd. 57,000 Unknown 37,152 Marine Capital Ltd. 57,000 Unknown 57,000 Unknown 37,152 Marine Capital Ltd. 57,000 Unknown On Order:- 10 Vessel(s); 490,608 DWT. 6,250 Avin International 6,250 Avin International On Order:- 2 Vessel(s); 12,500 DWT. 87,340 87,000 76,032 76,000 76,000 17,355 87,000 Teo Shipping Corp. Iolcos Hellenic Ningbo Longsheng Sh. Henghou Industries Henghou Industries Wagenborg Shpg. B.V. Iolcos Hellenic

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Hangzhou Dongfeng
Products Products 673 674

Hangzhou
Apr 2012 Dec 2012

Hantong Shipyard
Bulk HT64-006 HT089 Bulk Bulk HT102 HT103 Bulk HT104 Bulk Bulk HT105 HT109 Bulk HT093 Bulk HT097 Bulk HT100 Bulk HT083 Bulk HT060 Bulk HT094 Bulk HT098 Bulk HT111 Bulk HT64-005 Bulk HT095 Bulk HT101 Bulk HT096 Bulk HT099 Bulk HT061 Bulk Bulk HT106 Bulk HT112 Bulk HT107 Bulk HT64-115 Bulk HT113 Bulk HT114 Bulk Hvy Dk Cargo HT115 Bulk Hvy Dk Cargo Bulk Bulk Bulk

Nantong
2012 2012 2012 2012 2012 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013 Jun 2013 Jun 2013 Sep 2013 Oct 2013 2014 2014 2014

Guangzhou S.Y. Int.


Products Asp.& Bit. Asp.& Bit. Products Products Ch&O* Ch&O* Products Ch&O* Products Products Products Products Products Products Bulk Bulk Bulk Bulk Products Products Ch&O* Ch&O* Products Products Products Products Ch&O* Products Products Products Products Products 08130009 49,999 Valles Steamship 10,000 Unknown 10,000 Unknown 6,000 China Shpg. Tankers 48,000 China Shpg. Tankers 52,300 Tomasos Brothers 39,708 A.P. Moller 48,000 China Shpg. Tankers 50,326 J. Lauritzen 39,000 Gotland Rederi AB 48,000 China Shpg. Tankers 48,000 China Shpg. Tankers 48,000 China Shpg. Tankers 48,000 Hua Hai Pet. Trans. 37,500 Tomasos Brothers 50,000 COSCO Shenzhen 50,000 COSCO Shenzhen 50,000 COSCO Shenzhen 50,000 COSCO Shenzhen 48,000 China Shpg. Tankers 48,000 China Shpg. Tankers 50,326 J. Lauritzen 50,326 J. Lauritzen 39,000 Gotland Rederi AB 37,500 Tomasos Brothers 37,500 Tomasos Brothers 37,500 Tomasos Brothers 50,500 Sea Pioneer Shpg. 50,000 Tankers Inc 50,000 Tankers Inc 50,000 Tankers Inc 50,000 Concordia Maritime 50,000 Concordia Maritime On Order:- 33 Vessel(s); 1,431,485 DWT. 31,905 23,400 31,905 35,000 39,947 23,400 12,750 10,330 35,000 31,905 23,400 22,000 35,000 23,000 23,000 23,000 23,000 23,400 23,400 Ship Finance Inter. Shreyas Shpg. Ltd. Unknown YSG Shipmanagement Schoeller Holdings Leonhardt & Blumberg SDC Waterway Const. CCCC GDC YSG Shipmanagement Ship Finance Inter. Leonhardt & Blumberg Gebruder Winter Ownership Lianyungang Port Eastern Med. Mar. Eastern Med. Mar. Eastern Med. Mar. Eastern Med. Mar. Norse Mngt. U.K. STX Pan Ocean

Guangzhou
2012 2012 2012 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Nov 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Jun 2013 2014 2014 Jan 2014 Feb 2014 Apr 2014 Jun 2014 Oct 2014 Feb 2015

08131013 06130031 06310060 11130009

06310062 1130010

06130023

Huatai Hvy. Ind.


Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 0011 0009 0006 0015 0007 0010 0012 0008 0016

Nantong
2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Oct 2012 2013 Jan 2013 Jul 2013

Guangzhou Wenchong
Bulk Container 401 375 Bulk Container 393 Container 406 Container 407 11313 TSH Dredger TSH Dredger Container 394 388 Bulk Container 408 Container 434 Container 395 CS/BW Dredg GWS417 Container 418 Container 419 Container 432 Container 433 Container Container 420 1,740 TEU 2,790 TEU 2,758 TEU 1,740 TEU

Huangpu
2012 May 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 Jan 2013 Jan 2013

Hubei Jiangyan
Products Products CT115 CT116

China P.r.
Apr 2012 Jul 2012

2,790 TEU 1,740 TEU 1,705 TEU 2,790 TEU 1,700 TEU 1,700 TEU 1,700 TEU 1,700 TEU 1,740 TEU 1,740 TEU

Hudong Zhonghua
Bulk Bulk Bulk Bulk Bulk MPP Bulk H1567A H1590A H1639A H1643A H1644A H1581A H1604A

Shanghai
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 10

1st July 2012

Orderbook by Shipyard
Type Bulk Bulk L.N.G. Bulk MPP Bulk Bulk Bulk Bulk Bulk MPP Bulk MPP Container MPP Bulk Container Container MPP Bulk Container Container Container Container Container Container Container L.N.G. L.N.G. L.N.G. L.N.G. Hull No. H1645A H1647A H1621A H1646A H1595A H1648A H1662A Dwt. *Other Units Owner Delivery Sep 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 2013 2013 2013 2013 Feb 2013 Mar 2013 May 2013 Jul 2013 Aug 2013 Oct 2013 Oct 2013 Oct 2013 Nov 2013 Dec 2013 Dec 2013 Jan 2014 Jan 2014 Jan 2014 Feb 2014 Apr 2014 Apr 2014 2015 2015 2015 2016 Type Container Container Container Container L.P.G. L.P.G. Container Container Container Bulk Container Container Bulk Hull No. Dwt. *Other Units Owner 76,000 Xiamen ITG 76,000 Iolcos Hellenic 73,000 147,100 cbm China LNG Shpg. 76,000 Xiamen ITG 17,355 Wagenborg Shpg. B.V. 76,000 Iolcos Hellenic 87,000 Foremost Maritime 76,032 Ningbo Longsheng Sh. 76,032 Ningbo Longsheng Sh. 76,032 Ningbo Longsheng Sh. 17,355 Wagenborg Shpg. B.V. 87,000 Foremost Maritime 17,355 Wagenborg Shpg. B.V. 101,588 8,888 TEU OOCL 17,355 Wagenborg Shpg. B.V. 87,000 Pacsari Pte Ltd. 120,000 10,000 TEU China Shpg. Cont. 101,588 8,888 TEU OOCL 17,300 Wagenborg Shpg. B.V. 87,000 Pacsari Pte Ltd. 120,000 10,000 TEU China Shpg. Cont. 106,000 8,888 TEU OOCL 106,000 8,888 TEU OOCL 101,588 8,888 TEU OOCL 120,000 10,000 TEU China Shpg. Cont. 120,000 10,000 TEU China Shpg. Cont. 101,588 8,888 TEU OOCL 85,000 170,000 cbm Mitsui O.S.K. Lines 85,000 170,000 cbm Mitsui O.S.K. Lines 85,000 170,000 cbm Mitsui O.S.K. Lines 85,000 170,000 cbm Mitsui O.S.K. Lines On Order:- 38 Vessel(s); 2,984,895 DWT. 35,000 Unknown On Order:- 1 Vessel(s); 35,000 DWT. 34,800 China Minmetals On Order:- 1 Vessel(s); 34,800 DWT. 13,000 1,036 TEU Brise Bereederungs 12,744 Hansa Heavy Lift 12,744 Hansa Heavy Lift 13,000 1,036 TEU Buss Capital 35,000 Graig Ship Mngt. 57,000 Centrans Ocean 13,000 1,036 TEU Buss Capital 57,000 Centrans Ocean On Order:- 8 Vessel(s); 213,488 DWT. 32,500 Lauritzen Bulkers 32,500 Lauritzen Bulkers 32,500 Sino Asia Shpg. 37,000 Pacific Basin Shpg. 37,000 Pacific Basin Shpg. 32,500 Island View Shpg. 37,000 Pacific Basin Shpg. 32,500 Lauritzen Bulkers 32,500 Island View Shpg. 37,000 Pacific Basin Shpg. 32,500 Lauritzen Bulkers 37,000 Pacific Basin Shpg. 37,000 Pacific Basin Shpg. On Order:- 13 Vessel(s); 449,500 DWT. 66,903 66,903 115,581 115,184 66,903 57,500 66,903 115,581 115,184 57,500 115,184 66,903 115,581 66,903 115,184 115,581 115,184 111,000 4,738 TEU China Shpg. Cont. 4,738 TEU China Shpg. Cont. Shanghai Citic Shpg. COSCO Bulk Carrier 4,738 TEU China Shpg. Cont. 4,620 TEU Hamburger Lloyd 4,738 TEU China Shpg. Cont. Shanghai Citic Shpg. COSCO Bulk Carrier 4,620 TEU Hamburger Lloyd Ching Tung (H.K.) 4,738 TEU China Shpg. Cont. Shanghai Citic Shpg. 4,738 TEU China Shpg. Cont. Ching Tung (H.K.) Shanghai Citic Shpg. Ching Tung (H.K.) 8,948 TEU Schulte Group 111,000 8,948 TEU Schulte Group 111,000 8,948 TEU Schulte Group H1068A 105,000 8,948 TEU Costamare Shipping H1069A 105,000 8,948 TEU Costamare Shipping 52,000 84,000 cbm Frontline 2012 52,000 84,000 cbm Frontline 2012 H1070A 105,000 8,948 TEU Costamare Shipping 25,000 1,100 TEU Shanghai Jinjiang 25,000 1,100 TEU Shanghai Jinjiang 81,600 Sincere Navigation 25,000 1,100 TEU Shanghai Jinjiang 25,000 1,100 TEU Shanghai Jinjiang 81,600 Sincere Navigation On Order:- 31 Vessel(s); 2,569,862 DWT. H2483 H2475 H2484 H2458 H2459 H2487 76,000 Shanghai Time Shpg. 76,000 Da Tang Shipping 76,000 China Shpg. Tramp 76,000 Shanghai Time Shpg. 76,000 Alpha Sigma Shpg. 76,000 Alpha Sigma Shpg. 76,000 Shanghai Time Shpg. 76,000 China Shpg. Tramp 76,000 Da Tang Shipping 76,000 Shanghai Time Shpg. 76,000 Tianjin Zhonghai 6,500 6,500 cbm CSC Nanjing Tanker 76,000 Diana Shipping Inc. 76,000 Shenhua Zhonghai 76,000 Diana Shipping Inc. 76,000 Shenhua Zhonghai 76,000 Shenhua Zhonghai 22,500 22,000 cbm Navigator Gas 76,000 Shenhua Zhonghai 22,500 22,000 cbm Navigator Gas 76,000 Shenhua Zhonghai 76,000 Shenhua Zhonghai On Order:- 22 Vessel(s); 1,495,500 DWT. 7,700 Briese Schiffahrts 9,739 Marship Bereederungs 12,500 Spliethoff On Order:- 3 Vessel(s); 29,939 DWT. 82,000 Unknown 47,500 Minsheng Financial 47,500 Minsheng Financial 47,500 Minsheng Financial 47,500 Minsheng Financial 47,500 Minsheng Financial 23,000 Baosteel Group 23,000 Baosteel Group 95,000 Blue Planet Shpg. 95,000 Pitiousa Shipping 82,000 Daelim Corporation 80,300 Atlantska Plovidba 80,000 Shpg. Corp. of India 79,800 Atlantska Plovidba 47,500 Nanjing Twin Rivers 23,000 Baosteel Group 82,000 Sammok Shipping Co. 82,000 Wilmar Holdings 180,000 Samsun Logix Hellas 82,000 Daelim Corporation 80,000 Shpg. Corp. of India 79,800 Atlantska Plovidba 47,500 Nanjing Twin Rivers 82,000 Wilmar Holdings 80,300 Atlantska Plovidba 80,000 Shpg. Corp. of India 95,000 Halcoussis Z. & G. 47,500 Minsheng Financial 47,500 Minsheng Financial 47,500 Minsheng Financial 47,500 Minsheng Financial 95,000 Third Millenium Shpg 82,000 Wilmar Holdings 80,000 Shpg. Corp. of India On Order:- 34 Vessel(s); 2,365,700 DWT. 7,500 7,500 7,518 SOCATRA SOCATRA Unifleet B.V.

China P.R.
Delivery Aug 2013 Oct 2013 Nov 2013 Dec 2013 2014 2014 Jan 2014 Feb 2014 Apr 2014 Jun 2014 Jun 2014 Aug 2014 Sep 2014

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Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

H1596A H1661A H1597A H1564 H1598A H1701A H1565 H0401 H1702A

Jiangnan SY Group
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Ethy/LPG Bulk Bulk Bulk Bulk Bulk Ethy/LPG Bulk Ethy/LPG Bulk Bulk

Changxing
Jul 2012 Aug 2012 Aug 2012 Sep 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013 Mar 2013 Oct 2013 Oct 2013 Dec 2013 Dec 2013 Feb 2014 Apr 2014 Apr 2014 Jun 2014 Jun 2014 Aug 2014

H1584 H1703A H1704A H1585 1670 1671 1672 1673

H2504

Huigang S/yard
Bulk BC340-01

Qidong
2012

Huludao Bohai S.B.


Bulk BHSC2008407-2

Hu Lu Dao
Jul 2012

Jiangdong Shipyard
Container JD1000-10 MPP/Hvy. Lift MPP/Hvy. Lift Container JD1000-12 Bulk JD57000-7 Bulk Container JD1000-11 JD57000-8 Bulk

Wuhu
2012 2012 2012 Jun 2012 Jul 2012 Oct 2012 Oct 2012 Dec 2012

Jiangsu Changbo
MPP MPP MPP 07-012 07-020 06-049

Jiangsu
Jan 2012 Jun 2012 Jul 2012

Jiangsu Eastern
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Jingjiang
2012 2012 2012 2012 2012 2012 2012 Apr 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013

Jiangmen Nanyang
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 608 610 126 130 131 611 132 117 612 613 118 614 133

Jiangmen
May 2012 Jun 2012 Jul 2012 Aug 2012 Oct 2012 Oct 2012 Dec 2012 Jan 2013 Jan 2013 Mar 2013 Mar 2013 Jun 2013 Jul 2013

10C-030 10C-050 10-203 08C-004 10-060 10C-001

10-202 10C-020 10-204 10-061 10C-002 10C-021 08C-005 10-062 10C-031

Jiangnan Changxing
Container Container Bulk Bulk Container Container Container Bulk Bulk Container Bulk Container Bulk Container Bulk Bulk Bulk Container H1052A H1053A H1042A H1003A H1054A H1025A H1055A H1044A H1005A H1026A H1006A H1056A H1045A H1057A H1007A H1046A H1008A

Changxing Island
Jul 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Apr 2013 Jun 2013

10C-032 10C-022 10-063

Jiangsu Ganghua
Ch&O* Ch&O* Ch&O* GHCY 7500-06 GHCY 7500-08 GHCY 1003

Taixing
2012 2012 Mar 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 11

1st July 2012

China P.R.
Type Ch&O* Ch&O* Hull No. GHCY 7500-05 GHCY 1004 Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Jun 2012 Jul 2012 Type Bulk Bulk Container Ore Container Tanker Shuttle Shuttle Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container Container Container Container Tanker Tanker Bulk Tanker Tanker Bulk Tanker Ore Tanker Tanker Tanker Tanker Tanker Tanker Bulk Tanker Ore Tanker Tanker Bulk Tanker Bulk Tanker Ore Container Tanker Tanker Tanker Tanker Bulk Bulk Tanker Tanker Ore Container Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk Ore Ore Hull No. Dwt. *Other Units Owner Delivery Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 May 2013 May 2013 May 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013 Oct 2013 Nov 2013 Nov 2013 Nov 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 2014 2014 2014 2014 2014 2014 2014 Jan 2014 Feb 2014 Mar 2014 Jun 2014 7,500 SOCATRA 7,518 Unifleet B.V. On Order:- 5 Vessel(s); 37,536 DWT. 35,000 Zhong Ning Shpg Co On Order:- 1 Vessel(s); 35,000 DWT. 47,000 Unknown 31,000 Hua Sheng Shipping 8,000 Unknown 8,000 Unknown On Order:- 4 Vessel(s); 94,000 DWT. 92,500 Conti Reederei 82,000 Rewood Ocean Shpg. 47,500 Fujian Shipping Co. 49,963 4,250 TEU COSCON 82,000 Rewood Ocean Shpg. 47,500 Fujian Shipping Co. 82,000 East Sunrise Group 57,800 4,800 TEU Hansa Treuhand 57,800 4,800 TEU Hansa Treuhand 57,800 4,800 TEU Hansa Treuhand 57,800 4,800 TEU Hansa Treuhand 82,000 Rewood Ocean Shpg. 82,000 East Sunrise Group 47,500 Fujian Shipping Co. 57,500 4,771 TEU Hammonia Reederei 57,500 4,771 TEU Hammonia Reederei 49,963 4,250 TEU COSCON 57,500 4,771 TEU Peter Dohle Schiff. 49,963 4,250 TEU COSCON 82,000 Rewood Ocean Shpg. 57,500 4,771 TEU Peter Dohle Schiff. 49,963 4,250 TEU COSCON 49,963 4,250 TEU COSCON 120,000 10,000 TEU Seaspan Corp. 49,963 4,250 TEU COSCON 82,000 Rewood Ocean Shpg. 120,000 10,000 TEU Seaspan Corp. 49,963 4,250 TEU COSCON 82,000 Rewood Ocean Shpg. 120,000 10,000 TEU Seaspan Corp. 49,963 4,250 TEU COSCON 49,963 4,250 TEU COSCON 49,963 4,250 TEU COSCON 49,963 4,250 TEU COSCON 49,963 4,250 TEU COSCON 120,000 10,000 TEU Seaspan Corp. 49,963 4,250 TEU COSCON 49,963 4,250 TEU COSCON 49,963 4,250 TEU COSCON 120,000 10,000 TEU Seaspan Corp. 120,000 10,000 TEU Seaspan Corp. 120,000 10,000 TEU Seaspan Corp. 120,000 10,000 TEU Seaspan Corp. 120,000 10,000 TEU Seaspan Corp. On Order:- 44 Vessel(s); 3,181,645 DWT. 76,000 76,000 76,000 76,000 76,000 157,000 157,000 156,644 400,000 400,000 400,000 76,000 76,000 75,971 75,971 84,660 84,660 157,000 76,000 400,000 76,000 157,000 400,000 400,000 Minsheng Financial Minsheng Financial Minsheng Financial Minsheng Financial Minsheng Financial Cardiff Marine Inc. Cardiff Marine Inc. Geden Line Oman Shipping Co. Oman Shipping Co. Vale Centrans Ocean Centrans Ocean Minsheng Financial Minsheng Financial 6,588 TEU Hansa Treuhand 6,588 TEU Hansa Treuhand Cardiff Marine Inc. Centrans Ocean Vale Centrans Ocean Cardiff Marine Inc. Oman Shipping Co. Oman Shipping Co.

Jiangsu Haishili
Bulk 1-35000BC-01

China P.r.
Jul 2013

1177 H1103 H1110 H1104 H1031

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Jiangsu Hongming
Bulk Bulk GCargo GCargo HM-0018 HM0025 HM-0004 HM-0005

Yancheng
2012 2012 Apr 2012 Apr 2012

Jiangsu New YZJ


Bulk Bulk Bulk Container Bulk Bulk Bulk Container Container Container Container Bulk Bulk Bulk Container Container Container Container Container Bulk Container Container Container Container Container Bulk Container Container Bulk Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container 849 YZJ2010-966 YZL2010-936 2007-871 YZJ2010-967 YZL2010-937 YZJ2011-979

Jingjiang
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Oct 2012 Oct 2012 Dec 2012 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Apr 2013 Apr 2013 Apr 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Aug 2013 Sep 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Nov 2013 Nov 2013 Nov 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Feb 2014 Apr 2014 Jun 2014 Aug 2014 Oct 2014

2007-842 2007-843 YZJ2010-968 YZJ2011-980 YZL2010-938 YZJ777C YZJ778C 2007-872 YZJ912 2007-874 YZJ2010-969 YZJ913 2007-873 2007-875 YZJ2011-983 2007-877 YZJ2010-970 YZJ2011-984 2007-876 YZJ2010-972 YZJ2011-985 2007-878 2007-881 2007-880 2007-882 2007-883 YZJ2011-986 2007-879 2007-884 2007-885 YZJ2011-993 YZJ2011-994

1143 1145 1146 1147 1148 1178 1179 1180 1181 H1176 1251 1252

H1164 1154 1167

1152 H1111

1168

1153

H1112

1197

H1113 1255 1195

Jiangsu Rongsheng
Bulk Bulk Bulk Bulk Bulk Tanker Tanker Tanker Ore Ore Ore Bulk Bulk Bulk Bulk Container Container Tanker Bulk Ore Bulk Tanker Ore Ore 1138 1139 1140 1141 1142 H1149 H1150 H1081 1125 1126 H1108 1173 1174 H1136 H1137 H1101 H1102 H1151 1175 H1109 1176 H1163 1127 1128

Nantong
2012 2012 2012 2012 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012

1198 1196 H1114 1256

H1115 H1116

76,000 Transview Shipping 76,000 Centrans Ocean 84,660 6,588 TEU Hansa Treuhand 400,000 Vale 84,660 6,588 TEU Hansa Treuhand 156,644 Unknown 75,000 Shanghai North Sea 75,000 Shanghai North Sea 205,000 Enterprises Shpg. 205,000 Enterprises Shpg. 205,000 Enterprises Shpg. 205,000 Enterprises Shpg. 76,000 Golden Union 76,000 Golden Union 76,000 Minsheng Financial 76,000 Minsheng Financial 76,000 Minsheng Financial 76,000 Minsheng Financial 76,000 Minsheng Financial 76,000 Centrans Ocean 76,000 Centrans Ocean 76,000 Centrans Ocean 76,000 Centrans Ocean 76,000 Unknown 85,000 7,019 TEU Dynacom Tankers Mngt 85,000 7,019 TEU Dynacom Tankers Mngt 85,000 6,600 TEU Goldenport Holdgs. 85,000 6,600 TEU Goldenport Holdgs. 157,000 Aktif Denizcilik 157,000 Cardiff Marine Inc. 76,000 Safe Bulkers Inc. 320,000 Cardiff Marine Inc. 157,000 Frontline Ltd. 76,000 Transview Shipping 157,000 Thenamaris (Mgmt.) 400,000 Vale 157,000 Aktif Denizcilik 157,000 Global Union Shpg 320,000 Cardiff Marine Inc. 157,000 Frontline Ltd. 157,000 Global Union Shpg 157,000 Thenamaris (Mgmt.) 76,000 Transview Shipping 157,000 Global Union Shpg 400,000 Vale 157,000 Aktif Denizcilik 157,000 Global Union Shpg 76,000 Golden Union 157,000 Global Union Shpg 76,000 Transview Shipping 157,000 Global Union Shpg 400,000 Vale 85,000 6,600 TEU Ofer Bros (Ships) 320,000 Shpg. Corp. of India 157,000 Aktif Denizcilik 157,000 Global Union Shpg 157,000 Global Union Shpg 76,000 Transview Shipping 76,000 Golden Union 320,000 Shpg. Corp. of India 157,000 Global Union Shpg 400,000 Vale 85,000 6,600 TEU Ofer Bros (Ships) 205,000 Enterprises Shpg. 205,000 Enterprises Shpg. 76,000 Centrans Ocean 75,900 Dryships Inc. 75,900 Dryships Inc. 75,900 Dryships Inc. 75,900 Dryships Inc. 157,000 Global Union Shpg 76,000 Transview Shipping 400,000 Vale 400,000 Vale On Order:- 98 Vessel(s); 15,520,470 DWT. 34,000 34,000 47,500 34,000 33,600 38,788 8,557 Jiangsu S.S. Jiangsu S.S. Jiangsu S.S. Ship Finance Inter. Unknown 2,546 TEU MPC Steamship Carisbrooke Shipping

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Jiangsu Yangzijiang
Bulk Bulk YZJ2010-962 Bulk 2007-786 Bulk YZJ2010-944 Bulk Container 2007-818 MPP YZJ2010-940

Jiangyin
2012 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 12

1st July 2012

Orderbook by Shipyard
Type Hull No. Dwt. *Other Units Owner Delivery Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Jan 2013 Jan 2013 Mar 2013 Apr 2013 Jun 2013 Jul 2013 Jul 2013 Sep 2013 Oct 2013 Dec 2013 Mar 2014 May 2014 May 2014 Jul 2014 Jul 2014 Sep 2014 Dec 2014 2015 2015 2015 2015 2015 2015 Type Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Tanker Tanker Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Hull No. Dwt. *Other Units Owner Bulk YZJ2010-963 YZJ2010-945 Bulk GCargo YJZ2011-997 GCargo YZJ2011-998 YJZ2010-949 Bulk Container GCargo YZJ2011-999 GCargo YZJ2011-1000 Container Chip Container 2007-820 Container Chip Container Chip YZJ2010-950 Bulk YZJ2010-951 Bulk Chip Chip Chip Bulk Container Bulk Container Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 47,500 Jiangsu S.S. 33,600 Unknown 10,150 Carisbrooke Shipping 10,150 Carisbrooke Shipping 47,500 Jiangsu Huayuan 33,800 2,546 TEU Torvald Klaveness 10,150 Carisbrooke Shipping 10,150 Carisbrooke Shipping 33,800 2,546 TEU Torvald Klaveness 70,000 Nova Shpg & Logist. 38,788 2,546 TEU MPC Steamship 33,800 2,546 TEU Torvald Klaveness 70,000 Nova Shpg & Logist. 33,800 2,546 TEU Torvald Klaveness 70,000 Nova Shpg & Logist. 47,500 Jiangsu S.S. 47,500 Jiangsu S.S. 70,000 Nova Shpg & Logist. 70,000 Nova Shpg & Logist. 70,000 Nova Shpg & Logist. 63,800 Jiangsu S.S. 16,000 1,100 TEU Lomar Shpg 63,800 Jiangsu S.S. 16,000 1,100 TEU Lomar Shpg 63,800 Jiangsu S.S. 63,800 Jiangsu S.S. 95,000 Fujian Shipping Co. 95,000 Fujian Shipping Co. 82,000 Unknown Chinese 82,000 Unknown Chinese 82,000 Unknown Chinese 82,000 Unknown Chinese On Order:- 39 Vessel(s); 1,893,833 DWT. 5,000 4,264 GT Sealink Internat. 5,000 4,264 GT Sealink Internat. On Order:- 2 Vessel(s); 10,000 DWT. 9,500 Unknown 5,000 Unknown On Order:- 2 Vessel(s); 14,500 DWT. 1033 1034 JZ1030 JZ1031 JZ1036 JZ1037 JZ1039 JZ1047 JZ1029 1035 1022 16,669 Unknown 16,669 Unknown 14,360 W. Bockstiegel 14,360 W. Bockstiegel 14,360 W. Bockstiegel 14,360 W. Bockstiegel 14,360 W. Bockstiegel 14,360 W. Bockstiegel 14,360 W. Bockstiegel 16,669 Unknown 16,500 Unknown 14,360 W. Bockstiegel 14,360 W. Bockstiegel 14,360 W. Bockstiegel 14,360 W. Bockstiegel 14,360 W. Bockstiegel On Order:- 16 Vessel(s); 238,827 DWT. 3,500 W&R Shipping BV 3,500 W&R Shipping BV 3,500 W&R Shipping BV 3,500 W&R Shipping BV On Order:- 4 Vessel(s); 14,000 DWT. 564 GT Halul Offshore 540 GT Pacific Ocean 1,500 1,279 GT Global Marine Serv. 2,500 1,724 GT Miclyn Express Offsh On Order:- 4 Vessel(s); 4,340 DWT. 75,200 Unknown 75,200 Unknown 75,200 Unknown 75,200 Unknown On Order:- 4 Vessel(s); 300,800 DWT. 320,000 176,000 176,000 176,000 Frontline 2012 Golden Ocean Grand China Logist. Grand China Logist. 340 J0056 175,580 Grand China Logist. J0127 81,000 Ofer (Ships Holdgs.) 80,000 PL Shipping Co. 79,600 Golden Ocean J0047 79,600 Golden Ocean J0048 79,600 Golden Ocean J0095 79,600 Grand China Logist. J0075 79,467 Unknown J0077 79,467 Grand China Logist. J0080 79,467 Grand China Logist. T002 79,393 Zhoushan Luoda Shpg J0025 320,000 Frontline 2012 79,600 Golden Ocean J0096 79,600 Grand China Logist. J0128 81,000 Ofer (Ships Holdgs.) J0026 320,000 Frontline 2012 J0028 320,000 Frontline 2012 J0040 176,000 Geden Line 79,600 Grand China Logist. 74,500 Golden Ocean J0131 176,000 Safe Bulkers Inc. J0129 81,000 Ofer (Ships Holdgs.) 74,500 Golden Ocean J0130 81,000 Ofer (Ships Holdgs.) 79,600 Grand China Logist. 320,000 Gulf Navigation 79,467 Grand China Logist. J0079 79,467 Grand China Logist. J0082 79,467 Grand China Logist. 320,000 Frontline 2012 J0062 176,000 Grand China Logist. 74,500 Golden Ocean J0135 81,500 Wilmar Holdings 79,600 Grand China Logist. 74,500 Golden Ocean 79,600 Grand China Logist. 79,600 Grand China Logist. 79,600 Grand China Logist. 79,600 Grand China Logist. 320,000 Gulf Navigation 64,000 Laskaridis Shpg 64,000 Laskaridis Shpg J0162 64,000 Kyma Shp Mngt On Order:- 47 Vessel(s); 6,038,075 DWT. 47,500 Wenzhou Shipping 47,500 Wenzhou Shipping 5,593 CSC Shenzhen 70,000 55,093 GT Centrans Ocean 92,500 Centrans Ocean 57,000 Densay Shpg & T'dg 5,593 CSC Shenzhen 82,000 Chios Navigation 57,000 Soon Fong Shipping 57,000 Shandong Shipping 10,500 Finnlines Plc 70,000 55,093 GT Centrans Ocean 92,500 Centrans Ocean 57,000 Soon Fong Shipping 10,500 Finnlines Plc 92,500 Centrans Ocean 56,750 Gourdomichalis Mar. 41,500 Ethiopian Shpg. 41,500 Ethiopian Shpg. 35,000 Ariston Navigation 35,000 Ariston Navigation 82,000 Da Tong Shipping S.A 82,000 Da Tong Shipping S.A 82,000 Densay Shpg & T'dg 64,000 Swiss Marine Inc. 64,000 Swiss Marine Inc. 37,000 Clipper Group 37,000 Clipper Group 35,000 Ariston Navigation 35,000 Ariston Navigation 35,000 Ariston Navigation 35,000 Ariston Navigation 55,000 4,800 TEU Dietrich Tamke K.G. On Order:- 33 Vessel(s); 1,707,436 DWT. 16,500 16,500 16,500 Unknown Unknown Unknown

China P.R.
Delivery Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Feb 2013 Feb 2013 May 2013 May 2013 Sep 2013 Sep 2013 2014 2014 2014 2014

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Jiangsu Zhenjiang
AHTS AHTS SSS178A SSS179A

Zhenjiang
Dec 2012 Dec 2012

Jiangxi Huadong
Ch&O* Ch&O*

Jiujiang
2012 Oct 2012

Jiangzhou S/Y
Ch&O* Ch&O* MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift Ch&O* Ch&O* MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift

Ruichang
2012 2012 2012 2012 2012 2012 2012 2012 Apr 2012 Jun 2012 Jul 2012 2013 2013 2013 2013 2013

Jinling Shipyard
Bulk Bulk PCC Hvy Dk Cargo 8100902 JLZ08-0410 Bulk Bulk 9100416 PCC JLZ8100424 Bulk 9100417 Bulk JLZ9110402 Bulk Ro-Ro 07-0442 Hvy Dk Cargo 8100901 Bulk 9100418 Bulk Ro-Ro 07-0443 Bulk Bulk Products Products Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container

Nanjing
2012 2012 Jan 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 Mar 2013 Jun 2013 Nov 2013 2014 2014 2014 2014 2014 2014 2014 2014 Jan 2014

JZ1032 JZ1038 JZ1048

Jinbin S.B.
GCargo GCargo GCargo GCargo JB-14 JB-15 JB-16 JB-17

Shandong
2012 2012 2012 2012

Jingjiang Nanyang
Standby/Resc. AHT AHTS Supply 1352 1474 1475

Jingjiang
Jun 2012 Jun 2012 Aug 2012 Sep 2012

Jinglu Shipyard
Bulk Bulk Bulk Bulk JL0027 JL0028 JL0029 JL0030

Penglai
Sep 2012 Sep 2012 Dec 2012 Dec 2012

Jinhai Heavy Ind.


Tanker Bulk Bulk Bulk J0027 J0021 J0065 J0068

Zhoushan
Jul 2012 Jul 2012 Jul 2012 Jul 2012

Jiujiang Xiangsheng
Ch&O* Ch&O* Ch&O* XS16500-01 XS16500-02 XS16500-03

Jiujiang
2012 2012 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 13

1st July 2012

China P.R.
Type Ch&O* Ch&O* Ch&O* Hull No. XS16500-04 XS16500-05 XS16500-06 Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery 2012 2012 2012 Type Hull No. Dwt. *Other Units Owner Delivery 16,500 Unknown 16,500 Unknown 16,500 Unknown On Order:- 6 Vessel(s); 99,000 DWT. 73,000 Zhenghe Shpg. Group On Order:- 1 Vessel(s); 73,000 DWT. On Order:- 2 Vessel(s); 162,100 DWT.

Nanjing Tianshun
Ch&O* 0607 7,439 Stellar Shpmgmt. On Order:- 1 Vessel(s); 7,439 DWT. 14,220 1,085 TEU Carsten Rehder 79,659 Guangdong Lanhai 79,659 Guangdong Lanhai 79,659 Guangdong Lanhai 79,659 Guangdong Lanhai 79,659 Guangdong Lanhai 79,659 Guangdong Lanhai 79,659 Guangdong Lanhai 51,000 Nanjing Hengrui Spg On Order:- 9 Vessel(s); 622,833 DWT. Nippon Yusen Kaisha Fairweather S.S. Co. Jiangsu Ocean Shpg. Kumiai Senpaku K.K. Winning Alliance 2,900 GT Sea Trucks Group 58,000 Winning Alliance 58,000 Kumiai Senpaku K.K. 58,670 Jiangsu Ocean Shpg. 58,670 Jiangsu Ocean Shpg. 58,670 Jiangsu Ocean Shpg. 58,000 Kumiai Senpaku K.K. 58,000 Mitsubishi Corp. 205,000 Kumiai Senpaku K.K. 58,000 Mitsubishi Corp. 142,500 13,500 TEU COSCON 28,000 COSCO Shipping Co. 142,500 13,500 TEU COSCON 28,000 COSCO Shipping Co. 142,500 13,500 TEU COSCON 28,000 COSCO Shipping Co. 28,000 COSCO Shipping Co. 142,500 13,500 TEU COSCON 142,500 13,500 TEU COSCON 142,500 13,500 TEU COSCON 142,500 13,500 TEU COSCON 142,500 13,500 TEU COSCON On Order:- 27 Vessel(s); 2,360,680 DWT. 35,000 Nordic Hamburg On Order:- 1 Vessel(s); 35,000 DWT. Unknown Unknown Tank. Herning A/S Schulte Group Tank. Herning A/S Gram P.D. Schulte Group Everlast Shipping SA Gram P.D. Jo Tankers A/S Schulte Group Cabot Shipping Cabot Shipping Schulte Group Unknown Unknown Unknown Jo Tankers A/S Nova Shpg & Logist. Algoma Central Corp. Algoma Central Corp. Nova Shpg & Logist. Algoma Central Corp. Algoma Central Corp. Algoma Central Corp. Nova Shpg & Logist. Algoma Central Corp. Nova Shpg & Logist. Algoma Central Corp. Unknown Nova Shpg & Logist. Algoma Central Corp. Algoma Central Corp. Nova Shpg & Logist.

Nanjing
Jan 2012

Kaihang S.B. Ind. Co


Bulk

China P.r.
Sep 2012

Nanjing Wujiazui
Container Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk WJZ034 YC012 YC013 YC015 YC017 YC018 YC019 YC016

Nanjing
Jun 2012 Jul 2012 Sep 2012 Nov 2012 2013 2013 2013 Jan 2013 2014

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Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Kouan S.B.
Container MPP MPP/Hvy. Lift MPP Container MPP MPP/Hvy. Lift Container MPP Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk TK0601 TK0510 TK0505 TK0508 TK0602 13,100 1,100 TEU Norse Mngt. U.K. 27,000 Pacific Int. Lines 27,000 COSCO Shipping Co. 27,000 Pacific Carriers 13,100 1,100 TEU Norse Mngt. U.K. 27,000 Pacific Int. Lines 27,000 COSCO Shipping Co. 13,100 1,100 TEU Norse Mngt. U.K. 27,000 Pacific Int. Lines 64,000 Norr Systems 64,000 Norr Systems 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai On Order:- 21 Vessel(s); 839,300 DWT. 28,000 Unknown On Order:- 1 Vessel(s); 28,000 DWT. 0706 16,500 Ocean Tankers Pte On Order:- 1 Vessel(s); 16,500 DWT. 8,000 Briese Schiffahrts 8,000 Briese Schiffahrts On Order:- 2 Vessel(s); 16,000 DWT. 4,800 Panoil Tankers 4,800 Panoil Tankers On Order:- 2 Vessel(s); 9,600 DWT. 2087 2088 11,760 F. Laeisz 11,760 F. Laeisz On Order:- 2 Vessel(s); 23,520 DWT. 800 1,100 GT Simgood 800 1,100 GT Simgood 800 1,100 GT Simgood 2,200 2,880 GT Alam Maritim 2,200 2,880 GT Alam Maritim On Order:- 5 Vessel(s); 6,800 DWT. 30,000 Unknown Chinese On Order:- 1 Vessel(s); 30,000 DWT. DZ10H-05 DZ10H-01 DZ10H-02 DZ10H-06 35,031 OSL Shipping 35,000 Goldenport Holdgs. 35,000 Karlog Shpg. Co. Ltd 35,031 OSL Shipping On Order:- 4 Vessel(s); 140,062 DWT. 3,500 Stolt-Nielsen Trans. 3,500 Stolt-Nielsen Trans. 1,385 1,450 GT Avance Marine 500 526 GT Vroon Offshore 1,300 1,075 GT Nanjing East Star 3,500 Stolt-Nielsen Trans. 500 526 GT Vroon Offshore 3,500 Stolt-Nielsen Trans. 500 526 GT Vroon Offshore 500 526 GT Vroon Offshore 500 526 GT Vroon Offshore 500 526 GT Vroon Offshore On Order:- 12 Vessel(s); 19,685 DWT. 82,500 79,600 Unknown Unknown

Taizhou
Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Mar 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Oct 2013 Nov 2013 Dec 2013

TK0603 TK0801 TK0802

Nantong Cosco KHI


Bulk Bulk Bulk Bulk Bulk Pipe Layer Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container MPP/Hvy. Lift Container MPP/Hvy. Lift Container MPP/Hvy. Lift MPP/Hvy. Lift Container Container Container Container Container 104 205,000 127 58,000 139 58,670 086 58,000 131 58,000 132 137 120 140 121 138 141 105 142 111 133 112 134 113 135 136 114 115 116 117 118

Nantong
Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Jan 2013 Feb 2013 Mar 2013 Apr 2013 Jun 2013 Jul 2013 Jul 2013 Sep 2013 Sep 2013 Oct 2013 Dec 2013 Feb 2014 May 2014 Jun 2014 Sep 2014

Lianyungang Helitong
Bulk

Lianyungang
2012

Liaoning Hongguan
Ch&O*

Panjin
2012

Liaoning Marine
MPP MPP 2007-1203 2007-1204

Yingkou
2012 2012

Linhai Chengzhou
Products Products

Linhai
Jun 2012 Jul 2012

Lujiashi Zhoushan
PCC PCC

Nantong Jinghua Zhoushan


Oct 2012 Dec 2012 Bulk BC350-7

Nantong
Aug 2012

Nantong Mingde
Bulk 30,000 Bulk 30,000 Ch&O* MD047-8000-09 8,025 Ch&O*MD095-25000-05 25,000 Ch&O* MD048-8000-10 8,025 PCC MD087-33000-07 11,000 Ch&O*MD096-25000-06 25,000 Bulk MD08431800BC02 31,800 PCC MD088-33000-08 11,000 Ch&O* MD159 30,000 Ch&O*MD101-25000-07 25,000 180,000 Bulk 180,000 Bulk Ch&O*MD102-25000-08 25,000 30,000 Bulk 30,000 Bulk 30,000 Bulk Ch&O* MD160 30,000 MD145 70,000 Chip MD149 39,400 Bulk MD150 39,400 Bulk MD146 70,000 Chip MD151 39,400 Bulk MD152 39,400 Bulk MD153-SUL-01 29,800 Bulk MD147 70,000 Chip MD154-SUL-02 29,800 Bulk MD148 70,000 Chip MD155-SUL-03 29,800 Bulk 30,000 Bulk 70,000 Chip MD156-SUL-04 29,800 Bulk MD157-SUL-05 29,800 Bulk 70,000 Chip

Nantong
2012 2012 Jan 2012 Mar 2012 Apr 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Dec 2012 2013 2013 2013 Jan 2013 Jan 2013 Feb 2013 Feb 2013 Apr 2013 Apr 2013 Apr 2013 Apr 2013 Jul 2013 Aug 2013 Oct 2013 Nov 2013 2014 Jan 2014 Jan 2014 Mar 2014 Apr 2014

MLC Tongbao
AHTS AHTS AHTS AHTS AHTS MLC5285 MLC5286 MLC5288 7201 7202

Nantong
Jun 2012 Jun 2012 Jun 2012 Jul 2012 Sep 2012

Nanjing Chenglang
Bulk

Nanjing
Jan 2012

Nanjing Dongze
Bulk Bulk Bulk Bulk

Nanjing
Jul 2012 Jul 2012 Jul 2012 Dec 2012

Nanjing East Star


Asp.& Bit. ESS100202 Asp.& Bit. ESS100203 AHT T5005 Standby/Resc. AHTS 08ESS-T5010 Asp.& Bit. ESS100205 Standby/Resc. Asp.& Bit. ESS100206 Standby/Resc. Standby/Resc. Standby/Resc. Standby/Resc.

Nanjing
Mar 2012 Jun 2012 Jun 2012 Jun 2012 Aug 2012 Sep 2012 Sep 2012 Dec 2012 Mar 2013 Jun 2013 Sep 2013 Dec 2013

Nanjing Shenghua
Bulk Bulk 413 414

Nanjing
Jul 2012 Oct 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 14

1st July 2012

Orderbook by Shipyard
Type Bulk Hull No. MD158-SUL-06 Dwt. *Other Units Owner Delivery Apr 2014 Type Hull No. Dwt. *Other Units Owner 29,800 Algoma Central Corp. On Order:- 35 Vessel(s); 1,526,250 DWT. 29,037 Dalian Jifa On Order:- 1 Vessel(s); 29,037 DWT. 12,000 DK S & Co. Ltd On Order:- 1 Vessel(s); 12,000 DWT. 30,000 Unknown On Order:- 1 Vessel(s); 30,000 DWT. 30,116 Cosmoship Management 115,000 Interorient Nav. Co. 115,000 Interorient Nav. Co. 115,000 Interorient Nav. Co. 82,000 Zhejiang Hongxin 115,000 Interorient Nav. Co. 82,000 Dynacom Tankers Mngt 82,000 Zhejiang Hongxin 81,500 Vergos Marine Mngt. 81,500 Vergos Marine Mngt. 82,000 Da Tong Shipping S.A 82,000 Da Tong Shipping S.A 82,000 Da Tong Shipping S.A 82,000 Da Tong Shipping S.A 81,500 Vergos Marine Mngt. 82,000 Dynacom Tankers Mngt 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) 103,000 New Century (Cyprus) On Order:- 26 Vessel(s); 2,420,616 DWT. 82,000 Jimei Shipping Co 82,000 Jimei Shipping Co 82,000 Jimei Shipping Co 82,000 Jimei Shipping Co On Order:- 4 Vessel(s); 328,000 DWT. 149,998 Dynacom Tankers Mngt 175,125 Deiulemar Shipping 114,536 Hanjin Shpg Co. 81,170 STX Pan Ocean 81,170 STX Pan Ocean 320,000 Dynacom Tankers Mngt 82,000 ArcelorMittal Shpg. 82,000 ArcelorMittal Shpg. 320,000 Dynacom Tankers Mngt 82,000 ArcelorMittal Shpg. 149,998 Dynacom Tankers Mngt 320,000 Dynacom Tankers Mngt 85,000 Pertamina Tongkang 74,500 Jo Tankers A/S 82,000 ArcelorMittal Shpg. 320,000 Dynacom Tankers Mngt 149,998 Dynacom Tankers Mngt 74,500 Jo Tankers A/S 149,998 Dynacom Tankers Mngt 176,000 Sino Noble Holdings 176,000 Sino Noble Holdings On Order:- 21 Vessel(s); 3,245,993 DWT. 6,500 Huayun Shipping 4,500 Zhanjiang Fuda Spg 6,500 Huayun Shipping 4,500 Zhanjiang Fuda Spg On Order:- 4 Vessel(s); 22,000 DWT. HF2001 HB2008 75,000 Zhoushan Zengzhou 57,000 Zhoushan Zengzhou On Order:- 2 Vessel(s); 132,000 DWT. 2,500 2,990 GT Zhejiang Tianji On Order:- 1 Vessel(s); 2,500 DWT.

China P.R.
Delivery

Panyu Lingshan S.Y.


AHTS AHTS AHTS AHTS LS206 LS220 205 LS221 1,500 1,260 GT Swissco Marine Pte 1,000 1,120 GT Swissco Marine Pte 1,115 1,123 GT Subsea Petroleum 1,500 1,260 GT Swissco Marine Pte On Order:- 4 Vessel(s); 5,115 DWT. 2,588 GT POSH Semco 2,588 GT POSH Semco 4,076 GT Unknown 3,200 2,000 GT POSH Semco On Order:- 4 Vessel(s); 7,756 DWT. 9,300 Navigia Group 11,000 Panoceanic Bulk C. 9,600 Sea Shipping Holdg. 9,600 Sea Shipping Holdg. On Order:- 4 Vessel(s); 39,500 DWT. 4,900 5,000 cbm Evergas AS 4,900 5,000 cbm Evergas AS 4,900 5,000 cbm Evergas AS 4,900 5,000 cbm Evergas AS 4,900 5,000 cbm Evergas AS 10,500 12,000 cbm Evergas AS 10,500 12,000 cbm Evergas AS 10,500 12,000 cbm Evergas AS 10,500 12,000 cbm Evergas AS 10,500 12,000 cbm Evergas AS 10,500 12,000 cbm Evergas AS 15,000 17,000 cbm Evergas AS 10,500 12,000 cbm Evergas AS 15,000 17,000 cbm Evergas AS 10,500 12,000 cbm Evergas AS 15,000 17,000 cbm Evergas AS 15,000 17,000 cbm Evergas AS On Order:- 17 Vessel(s); 168,500 DWT. 34,734 Hanzevast Shipping 5,700 Manfred Lauterjung 5,700 Manfred Lauterjung 5,700 Manfred Lauterjung 34,734 Hanzevast Shipping 5,700 Manfred Lauterjung 50,000 39,352 GT Fairstar Hvy. Trans. 205,000 Polembros Shpg. 5,700 Manfred Lauterjung 34,734 Hanzevast Shipping 205,000 Polembros Shpg. 205,000 Polembros Shpg. 205,000 Polembros Shpg. On Order:- 13 Vessel(s); 1,002,702 DWT. 42,000 Fuzhou Minfuda Shg. 42,000 Unknown Chinese 42,000 Fuzhou Minfuda Shg. 42,000 Fuzhou Minfuda Shg. 42,000 Fuzhou Minfuda Shg. 42,000 Unknown Chinese 42,000 Unknown Chinese On Order:- 7 Vessel(s); 294,000 DWT. 37,000 Unknown On Order:- 1 Vessel(s); 37,000 DWT. 6,600 Weihai Port Grp On Order:- 1 Vessel(s); 6,600 DWT. 307 308 309 310 5,000 Volga Shipping Co. 5,000 Volga Shipping Co. 5,000 Volga Shipping Co. 5,000 Volga Shipping Co. On Order:- 4 Vessel(s); 20,000 DWT. 205,000 Unknown 205,000 Unknown 205,000 Hong Xiang Shpg. 205,000 Hong Xiang Shpg. 205,000 Hong Xiang Shpg. 205,000 Hong Xiang Shpg. On Order:- 6 Vessel(s); 1,230,000 DWT. 2,278 2,278

Panyu
Jun 2012 Jun 2012 Aug 2012 Sep 2012

Nantong Nikka S.B.


Bulk 013

Nantong
Feb 2012

Nantong Tongshun

Nantong
2012

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Misc. Cargo

TS101108

PaxOcean Zhuhai
AHTS AHTS Lift Boat PSV

Zhuhai
Jun 2012 Jun 2012 Jul 2012 Nov 2012

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Nantong Yahua
Bulk 014

Jiangsu
May 2012

PX1012

New Century S/Y


Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 0103008 0111507 0111508 0111505 0108214 0111506 0108216 0108215 0108205 0108206 0108212

Jingjiang
Apr 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 2013 2013 Jan 2013 Jan 2013 Apr 2013 Jul 2013 Oct 2013 Dec 2013 Jan 2014 Apr 2014 Jun 2014 Sep 2014 Nov 2014 Mar 2015 May 2015

Penglai Bohai
MPP Ch&O* MPP MPP PBZ04-42A PBZ06-67 PBZ07-91 PBZ07-92

Shandong
2012 Apr 2012 Jun 2012 Sep 2012

Qidong Dajiang
L.P.G. L.P.G. L.P.G. L.P.G. L.P.G. Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG DJ1002 DJ1003 DJ1004 DJ1005 DJ1006

Qidong
Jun 2012 Aug 2012 Sep 2012 Nov 2012 Dec 2012 Jan 2013 Apr 2013 May 2013 Jul 2013 Aug 2013 Oct 2013 Jan 2014 Jan 2014 Apr 2014 Apr 2014 Jul 2014 Oct 2014

0108213 0108207 0108217 0110301 0110302 0110303 0110304 0110305 0110306 0110307 0110308 0110309 0110310

Qidong Daoda
Bulk MPP MPP MPP Bulk MPP Hvy Dk Cargo Bulk MPP Bulk Bulk Bulk Bulk DD007 DD012 DD013 DD014 DD024 DD015 DD034 DD016 DD035 DD036 DD037

Nantong
Jul 2012 Jul 2012 Aug 2012 Aug 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 2013 Feb 2013 May 2013 Aug 2013

New Hantong Shipyard


Bulk Bulk Bulk Bulk HT82-001 HT82-002 HT82-003 HT82-004

Yangzhong
Jul 2012 Oct 2012 Jan 2013 Apr 2013

New Times S.B.


Tanker Bulk Bulk Bulk Bulk Tanker Bulk Bulk Tanker Bulk Tanker Tanker Products Ch&O* Bulk Tanker Tanker Ch&O* Tanker Bulk Bulk 0316314 0117630 0111520 0108203 0108204 0332001 0108208 0108209 0332002 0108210 0316315 0332003 0310501 0307369 0108211 0332004 0316316 0307370 0316317 0117634 0117635

Jingjiang
Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Mar 2013 Apr 2013 Apr 2013 May 2013 Aug 2013 Sep 2013

Qidong Haowei SB
Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Qidong
2012 2012 2012 2012 Jul 2012 2013 2013

Qidong Jisheng
Bulk

Qidong
Jul 2012

Qingdao Heshun
MPP

Qingdao
Jun 2012

Ningbo Dongfang
Bunkering Bunkering Bunkering Bunkering

Ningbo
Oct 2013 Oct 2013 Dec 2013 Dec 2013

Qingdao Hyundai
GCargo GCargo GCargo GCargo

Qingdao
May 2012 Jul 2012 Aug 2012 Sep 2012

Ningbo Lantian
Bulk Bulk

Ningbo
Jul 2012 Jul 2012

Qingdao Yangfan
Bulk Bulk Bulk Bulk Bulk Bulk

Jimo City
2013 2013 Jul 2013 Oct 2013 Dec 2013 Mar 2014

Ningbo Zhenhe SB
AHTS

Ningbo
Jun 2012

QY2005 QY2006 QY2007 QY2008

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 15

1st July 2012

China P.R.
Type Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Type Hull No. Dwt. *Other Units Owner Delivery

Qingshan Shipyard
MPP/Hvy. Lift 20060325 Bulk 20100302 2010301 Bulk 20100303 Bulk 20100304 Bulk Container Container Container Container QS36000-1 Bulk Bulk Bulk QS36000-2 Bulk Bulk Bulk 19,350 Heino Winter 56,628 Centrans Ocean 56,628 Centrans Ocean 56,628 Centrans Ocean 56,628 Centrans Ocean 25,000 1,800 TEU Sinotrans Shpg. Ltd. 25,000 1,800 TEU Sinotrans Shpg. Ltd. 13,700 1,100 TEU Sinotrans Shpg. Ltd. 13,700 1,100 TEU Sinotrans Shpg. Ltd. 36,000 OSL Shipping 35,000 Pola Shipping 36,000 Wilmar Holdings 36,000 OSL Shipping 35,000 Pola Shipping 36,000 Wilmar Holdings On Order:- 15 Vessel(s); 537,262 DWT. 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum 4,100 Brightoil Petroleum On Order:- 15 Vessel(s); 61,500 DWT. SF305 46,019 3,405 TEU Hansa Shipping GmbH. 43,000 3,500 TEU Shpg. Corp. of India 10,000 875 TEU Eimskip 10,000 875 TEU Eimskip On Order:- 4 Vessel(s); 109,019 DWT. 3,200 Marinter Nav. S.A. 3,200 Marinter Nav. S.A. 3,200 Marinter Nav. S.A. 3,200 Marinter Nav. S.A. On Order:- 4 Vessel(s); 12,800 DWT. 15,900 Sino Far East 6,500 Sino Far East 6,500 Sino Far East 21,000 Sino Far East On Order:- 4 Vessel(s); 49,900 DWT. 82,000 Unknown Hong Kong 81,707 Wilmar Holdings 82,000 Unknown Hong Kong 82,000 Unknown Hong Kong 64,000 Shun Gao Shipping 64,000 Shun Gao Shipping 64,000 Shun Gao Shipping 64,000 Shun Gao Shipping 64,000 Shun Gao Shipping 64,000 Shun Gao Shipping On Order:- 10 Vessel(s); 711,707 DWT. 17,000 13,379 GT S&P Marine Co., Ltd. On Order:- 1 Vessel(s); 17,000 DWT. 10,200 Unknown Italian 8,000 Briese Schiffahrts 8,000 Briese Schiffahrts 4,534 Wilson Shp Mngt 4,534 Wilson Shp Mngt 8,000 Briese Schiffahrts 4,534 Wilson Shp Mngt 4,534 Wilson Shp Mngt 4,534 Wilson Shp Mngt 4,534 Wilson Shp Mngt 4,534 Wilson Shp Mngt On Order:- 11 Vessel(s); 65,938 DWT.

Wuhan
Jun 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 May 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Oct 2013

Shandong Huahai
Bulk AHTS Bulk Bulk Bulk HH0804 HH0801 HH0802 HH0803 37,000 Unknown 1,350 1,393 GT Stanford Marine 37,000 Highrich Logistics 37,000 Highrich Logistics 37,000 Highrich Logistics On Order:- 5 Vessel(s); 149,350 DWT. 31,000 Schoeller Holdings 28,000 IRISL 28,000 IRISL 28,000 IRISL 28,000 IRISL 28,451 COSCO Shipping Co. 28,000 IRISL 31,000 Schoeller Holdings 29,000 PDA Logistics 8,000 36,000 GT Shandong Bohai Ferry 29,000 PDA Logistics 28,000 Ethiopian Shpg. 8,000 36,000 GT Shandong Bohai Ferry 28,000 Ethiopian Shpg. 31,000 Schoeller Holdings 31,000 Schoeller Holdings 31,000 Schoeller Holdings 13,000 NS United K.K. 13,000 NS United K.K. 28,000 Ethiopian Shpg. 28,000 Ethiopian Shpg. 28,000 Ethiopian Shpg. 28,000 Ethiopian Shpg. 31,000 Schoeller Holdings 28,000 Ethiopian Shpg. On Order:- 25 Vessel(s); 650,451 DWT. 6,500 Intership Nav. Co. 6,500 Intership Nav. Co. On Order:- 2 Vessel(s); 13,000 DWT.

Rizhao
2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012

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Shandong Huanghai
MPP/Hvy. Lift MPP HCY-85 MPP HCY-88 MPP HCY-90 MPP HCY-91 MPP/Hvy. Lift HCY-81 MPP HCY-87 MPP/Hvy. Lift MPP HCY-141 Pass/Car F. K-11 MPP HCY-142 MPP/Hvy. Lift HCY-137 Pass/Car F. K-12 MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift GCargo GCargo MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift

Rongcheng
2012 2012 2012 2012 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Oct 2012 Nov 2012 2013 2013 2013 2013 2013 Feb 2013 May 2013 Aug 2013 Nov 2013 2014 Feb 2014

Rizhao Kingda
Products Products Products Products Products Products Products Products Products Products Products Products Products Products Products

Rizhao
May 2013 Aug 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013 Nov 2013 Nov 2013 Dec 2013 Dec 2013 Jan 2014 Jan 2014 Feb 2014 Mar 2014 May 2014

Rongcheng Shenfei
Container Container Container Container

Rongcheng
Jul 2012 2013 2013 2013

Shandong Rongcheng
MPP MPP 26 27

Rongcheng
Jul 2012 Sep 2012

Shanghai Jiangnan
Bulk Tanker Bulk Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Bulk Bulk 1227 H1252 1228 H1241 1229 H1061A H1062A H1253 H1063A H1064A H1242 206,000 OceanFreight Inc. 319,000 Ocean Tankers Pte 206,000 OceanFreight Inc. 176,000 Dryships Inc. 206,000 OceanFreight Inc. 180,000 China Shpg. Tramp 180,000 China Shpg. Tramp 319,000 Ocean Tankers Pte 180,000 China Shpg. Tramp 180,000 China Shpg. Tramp 176,000 Dryships Inc. 206,000 Teh-Hu Cargocean 1239 206,000 OceanFreight Inc. 1240 206,000 OceanFreight Inc. On Order:- 14 Vessel(s); 2,946,000 DWT. 114,500 114,078 114,078 45,000 35,000 34,938 57,500 47,000 45,000 45,000 47,027 34,938 114,078 45,000 34,938 47,000 47,027 45,000 34,938 55,000 55,000 55,000 55,000 28,000 28,000 28,000 28,000 Lomar Shpg. & Mngt. Anangel Shpg. Ent. Anangel Shpg. Ent. Huayuan Star Shpg. Crnogorska Plovidba Nordstrand Maritime Hamburger Lloyd Hamburg-Sud. Leonhardt & Blumberg Leonhardt & Blumberg Thomas Schulte Nordstrand Maritime Anangel Shpg. Ent. Leonhardt & Blumberg Nordstrand Maritime Hamburg-Sud. Thomas Schulte Leonhardt & Blumberg Nordstrand Maritime Ship Finance Inter. Ship Finance Inter. Ship Finance Inter. Ship Finance Inter. COSCO Shipping Co. COSCO Shipping Co. COSCO Shipping Co. COSCO Shipping Co.

Changxing
Jul 2012 Aug 2012 Sep 2012 Sep 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 Jan 2013 Mar 2013

Ruian Jiangnan
Products Products Products Products HF104 HF105 HF106

Jiangnan
Jan 2012 May 2012 Jul 2012 Sep 2012

Rushan Shipbuilding
Ch&O* Ch&O* Ch&O* Ch&O* 510 516 517 511

Rushan
Mar 2012 Mar 2012 Jun 2012 Jul 2012

Sainty SB (Yangzhou)
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk SAM 10015B

Yangzhou
Jul 2012 Jul 2012 Oct 2012 Jan 2013 Oct 2013 Dec 2013 Feb 2014 Apr 2014 Jun 2014 Aug 2014

Shanghai S.Y.
Bulk Bulk Bulk Bulk Bulk Bulk Container Container Container Container Container Bulk Bulk Container Bulk Container Container Container Bulk Container Container Container Container MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift 1163 1164 1196 1186 1182 1159 1160 1145 1187 1199 1161 1188 1146 1162 1189 S1214 S1215 S1222 S1223

Shanghai
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013

Samsung Ningbo
Hvy Dk Cargo

China P.r.
Jul 2013

4,620 TEU 3,765 TEU 3,646 TEU 3,646 TEU 3,600 TEU

Shandong Baibuting
MPP MPP MPP GCargo GCargo MPP GCargo GCargo GCargo GCargo GCargo BBTZ812 BBTSB802 BBTSB803 BBT002 BBT003 BBTSB804 BBT004 BBT005 BBT006 BBT007 BBT008

Shandong
Feb 2012 Mar 2012 May 2012 May 2012 Jun 2012 Aug 2012 Aug 2012 Oct 2012 Dec 2012 Feb 2013 Apr 2013

3,646 TEU 3,765 TEU 3,600 TEU 3,646 TEU 4,800 TEU 4,800 TEU 4,800 TEU 4,800 TEU

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 16

1st July 2012

Orderbook by Shipyard
Type Bulk Container Bulk Container Seis. Survey Bulk Container Bulk Container Container Container Container Container Container Container Drillship Drillship Hull No. Dwt. *Other Units Owner Delivery Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 Jun 2013 Jun 2013 Jul 2013 Sep 2013 Oct 2013 Dec 2013 Dec 2013 Mar 2014 Mar 2014 Sep 2014 Type PCC Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Livestock Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container Container Bulk OH* Container Drillship Bulk Container OH* Container OH* OH* OH* Products Products Products Products Hvy Dk Cargo Products Products OH* OH* Hvy L/Crane Livestock Bulk OH* Bulk Container Bulk Products OH* Container Bulk Container OH* Products Container Products Container Products Container Container Container Container Container Hull No. 1004 2048 1069 2052 2053 1085 1086 1087 1067 1088 1068 2103 1093 2054 2055 2216 2104 2061 2217 2105 2131 2135 2062 2115 2132 F1004 2109 2136 2116 2133 2117 2118 2119 Dwt. *Other Units Owner 1200 114,078 47,000 1190 34,938 S1209 40,450 1191 1192 S1210 S1211 Anangel Shpg. Ent. 3,765 TEU Hamburg-Sud. Nordstrand Maritime 3,510 TEU Nile Dutch Africa 6,533 GT Shanghai Offs Pet 34,938 Nordstrand Maritime 47,000 3,765 TEU Hamburg-Sud. 34,938 Nordstrand Maritime 40,450 3,510 TEU Nile Dutch Africa 47,000 3,765 TEU Hamburg-Sud. 40,450 3,510 TEU Nile Dutch Africa 47,000 3,765 TEU Hamburg-Sud. 47,000 3,765 TEU F. A. Vinnen & Co. 40,450 3,510 TEU Nile Dutch Africa 47,000 3,765 TEU F. A. Vinnen & Co. Opus Offshore Opus Offshore On Order:- 44 Vessel(s); 2,096,732 DWT. 21,500 STX Pan Ocean 98,000 Essar Shipping 92,000 Niki Shpg. Co. Inc. 83,000 STX Pan Ocean 83,000 STX Pan Ocean 81,000 Shpg. Corp. of India 81,000 Shpg. Corp. of India 81,000 Shpg. Corp. of India 99,000 Niki Shpg. Co. Inc. 81,000 Shpg. Corp. of India 99,000 Niki Shpg. Co. Inc. 57,300 Helikon Shpg. Ent. 23,500 Siba Ships 83,000 STX Pan Ocean 83,000 STX Pan Ocean 58,000 Ince Denizcilik 57,300 Helikon Shpg. Ent. 83,000 STX Pan Ocean 58,000 Ince Denizcilik 57,300 Helikon Shpg. Ent. 80,000 6,500 TEU Shpg. Corp. of India 30,000 2,000 TEU Sea Consortium 83,000 STX Pan Ocean 56,480 STX Pan Ocean 80,000 6,500 TEU Shpg. Corp. of India 30,000 Noble Corporation 57,300 Helikon Shpg. Ent. 30,000 2,000 TEU Sea Consortium 56,480 STX Pan Ocean 80,000 6,500 TEU Shpg. Corp. of India 56,480 STX Pan Ocean 56,480 STX Pan Ocean 56,480 STX Pan Ocean 50,000 Frontline 2012 50,000 Frontline 2012 50,000 Frontline 2012 50,000 Frontline 2012 31,000 24,398 GT STX Pan Ocean 49,850 Central Shipping 49,850 Central Shipping 56,480 STX Pan Ocean 56,480 STX Pan Ocean 11,420 11,071 GT Scaldis 23,500 Siba Ships 57,300 Helikon Shpg. Ent. 56,480 STX Pan Ocean 57,700 Beks Shipmngt. 60,000 5,000 TEU Zodiac Maritime Agy. 57,700 Beks Shipmngt. 49,840 Tanker Pacific Mngt. 56,480 STX Pan Ocean 60,000 5,000 TEU Zodiac Maritime Agy. 57,700 Beks Shipmngt. 60,000 5,000 TEU Zodiac Maritime Agy. 56,480 STX Pan Ocean 49,840 Tanker Pacific Mngt. 60,000 5,000 TEU Zodiac Maritime Agy. 49,840 Tanker Pacific Mngt. 60,000 5,000 TEU Zodiac Maritime Agy. 49,840 Tanker Pacific Mngt. 60,000 5,000 TEU Zodiac Maritime Agy. 60,000 5,000 TEU Zodiac Maritime Agy. 60,000 5,000 TEU Zodiac Maritime Agy. 60,000 5,000 TEU Zodiac Maritime Agy. 60,000 5,000 TEU Zodiac Maritime Agy. On Order:- 67 Vessel(s); 3,935,880 DWT. 82,000 Rudolf A. Oetker 82,000 Unknown Hong Kong 76,000 Harren & Partner 76,000 Harren & Partner 82,000 Unknown Hong Kong 76,000 Harren & Partner 76,000 Harren & Partner 76,000 Harren & Partner 76,000 Harren & Partner 50,000 3,820 TEU Carsten Rehder 50,000 3,820 TEU Carsten Rehder On Order:- 11 Vessel(s); 802,000 DWT. 10,000 4,900 4,900 Rayspeed Shipping Zhejiang Gaoyu Zhejiang Gaoyu

China P.R.
Delivery Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Apr 2013 Apr 2013 Apr 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Dec 2013 Dec 2013 2014 2014 2014 2014 2014 Jan 2014 Mar 2014 Mar 2014 Mar 2014 Mar 2014 May 2014 Jun 2014 Jun 2014 Jul 2014 Jul 2014 Aug 2014 Sep 2014 Sep 2014 Sep 2014 Nov 2014 Nov 2014 Dec 2014 Jan 2015 Jan 2015 Mar 2015 Mar 2015 May 2015 May 2015 Jul 2015 Sep 2015 Nov 2015 Jan 2016

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S1212

Shanghai Waigaoqiao
Tanker Tanker Tanker Bulk Bulk Bulk Bulk Tanker Tanker Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk Tanker Tanker Bulk Bulk Tanker Tanker Bunkering Tanker Bunkering Bulk Bulk Tanker Bulk Tanker Bulk Bulk Tanker Bulk Bulk Bulk 1220 1221 1203 1246 1205 1173 1237 1222 1204 1247 1217 320,000 Unknown 320,000 Unknown 318,663 Ocean Tankers Pte 206,000 U-Ming Marine Tran. 180,000 Rizhao Steel 206,000 Chinese Mar. Trans. 176,000 Alpha Tankers & Frt. 320,000 Unknown 318,663 Ocean Tankers Pte 206,000 U-Ming Marine Tran. 176,217 K-Line 206,000 Classic Maritime 206,000 Classic Maritime 206,000 Chinese Mar. Trans. 206,000 U-Ming Marine Tran. 206,000 U-Ming Marine Tran. 82,000 Rizhao Steel 82,000 Rizhao Steel 320,000 Unknown 205,000 Anangel Shpg. Ent. 320,000 Unknown 318,000 Wah Kwong Shpg. 205,000 Anangel Shpg. Ent. 206,000 Polembros Shpg. 320,000 Unknown 318,000 Wah Kwong Shpg. 4,200 Wilmar Holdings 320,000 Maran Tankers Mngt. 4,200 Wilmar Holdings 206,000 Polembros Shpg. 205,000 Anangel Shpg. Ent. 320,000 Maran Tankers Mngt. 206,000 Polembros Shpg. 319,000 Thenamaris (Mgmt.) 206,000 Polembros Shpg. 186,300 U-Ming Marine Tran. 320,000 Maran Tankers Mngt. 186,300 U-Ming Marine Tran. 186,300 U-Ming Marine Tran. 186,300 U-Ming Marine Tran. On Order:- 40 Vessel(s); 9,009,143 DWT. 76,000 Greathorse Shipping 24,600 Aquarius Ltd. 93,721 HOSCO 76,000 Greathorse Shipping 24,600 Aquarius Ltd. 76,000 Greathorse Shipping 76,000 Greathorse Shipping 24,600 Aquarius Ltd. 24,600 Aquarius Ltd. 76,000 Shenhua Zhonghai 76,000 Shenhua Zhonghai On Order:- 11 Vessel(s); 648,121 DWT. 1,293 1,528 GT Oil & Ind. Services 1,560 GT South China Marine 1,560 GT South China Marine 1,560 GT South China Marine 499 GT South China Marine On Order:- 5 Vessel(s); 1,293 DWT. STX Pan Ocean STX Pan Ocean

Shanghai
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Feb 2013 Apr 2013 May 2013 May 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Oct 2013 Dec 2013 Dec 2013 Jan 2014 Mar 2014 Mar 2014 Apr 2014 Jun 2014 Sep 2014 Dec 2014

1219 1248 1249

1223 1243 1224 1244 1225

2220 2221 2120 2121 1094 2110 2122 2027 2029 2181 2123 1059 2124 2182 2183 2184

1230

1245 1231

1236

Shanhaiguan S/Y
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk BC240-01 HBC93-06 BC240-02

Qinghuangdao
Jul 2012 Aug 2012 Sep 2012 Sep 2012 Nov 2012 Dec 2012 Feb 2013 Feb 2013 Apr 2013 2014 2014

Taizhou Catic
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container Container TC0102 TC0103 TK0701 TK0702 TC0104

Taizhou
Aug 2012 Sep 2012 Sep 2012 Dec 2012 2013 2013 2013 2013 2013 Jan 2013 Mar 2013

BC240-03 BC240-04

South China Shipyd.


Utility AHTS AHTS AHTS AHT GMG08101 203 202 204

Jiangmen
Jun 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012

TC0203 TC0204

Taizhou Hongda
Products Tanker Tanker

Taizhou
2012 2012 2012

STX Dalian
PCC Heavy Lift 1003 2101 21,500 24,000

Dalian
Apr 2012 May 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 17

1st July 2012

China P.R.
Type Tanker Tanker Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery 2012 2012 Type Bulk Bulk Ro-Ro Ro-Ro Hull No. Dwt. *Other Units Owner Delivery Jun 2013 Sep 2013 Oct 2013 Jan 2014 4,900 Zhejiang Gaoyu 4,900 Rayspeed Shipping On Order:- 5 Vessel(s); 29,600 DWT.

Taizhou Maple Leaf


Bulk MLBC35000-51 35,000 Unknown On Order:- 1 Vessel(s); 35,000 DWT. 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 16,483 Unicorn Shipping 4,999 Norr Systems 57,000 Unknown 12,580 Builders Account 4,999 Norr Systems 92,988 MSPL Limited 57,000 German Ocean Invest 51,000 Fuzhou Haitong 46,000 Unknown 18,000 Enzian Shipping AG 4,999 Norr Systems 51,000 Fuzhou Haitong 16,900 Polish Steamship Co. 57,000 German Ocean Invest 4,999 Norr Systems 92,988 MSPL Limited 51,000 Fuzhou Haitong 46,000 Unknown 16,900 Polish Steamship Co. 18,000 Enzian Shipping AG 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 51,000 Guangdong Lanhai 46,000 Unknown 46,000 Unknown 51,000 Unknown Chinese 51,000 Unknown Chinese 51,000 Unknown Chinese 51,000 Unknown Chinese On Order:- 34 Vessel(s); 1,424,835 DWT. 3,500 3,500 cbm Pertamina Direktorat On Order:- 1 Vessel(s); 3,500 DWT. 355-15 355-16 357-6 357-8 357-7 17,300 Briese Schiffahrts 17,300 Briese Schiffahrts 76,000 Tianjin Guo Dian 9,600 Briese Schiffahrts 76,000 Tianjin Guo Dian 9,600 Briese Schiffahrts 37,930 Polish Steamship Co. 9,600 Briese Schiffahrts 57,000 Pacific Shipping 76,000 Tianjin Guo Dian 57,000 Pacific Shipping 57,000 Pacific Shipping 37,930 Polish Steamship Co. 180,000 Louis Dreyfus 180,000 Louis Dreyfus 41,000 Louis Dreyfus 41,000 Louis Dreyfus 76,000 Tianjin Guo Dian 76,000 Tianjin Guo Dian 57,000 Pacific Shipping 57,000 Pacific Shipping 40,000 MT Maritime Mngt. 40,000 MT Maritime Mngt. 40,000 MT Maritime Mngt. 40,000 MT Maritime Mngt. On Order:- 25 Vessel(s); 1,406,260 DWT. 7,000 Titan Ocean 7,000 Titan Ocean 7,000 Titan Ocean 7,000 Titan Ocean On Order:- 4 Vessel(s); 28,000 DWT. 30,150 30,150 30,150 Glory Asia Glory Asia Glory Asia

Taizhou
Aug 2012

37,000 Campbell Shipping 37,000 Campbell Shipping 5,000 Nor Lines AS 5,000 Nor Lines AS On Order:- 7 Vessel(s); 174,450 DWT. 58,000 Tata NYK 97,988 Wisdom Marine Lines 82,172 Orion Bulkers 58,400 Kambara Kisen 58,400 Kambara Kisen 97,988 Glocal Japan Inc. 82,172 Orion Bulkers 58,000 Ugland Marine 97,988 Glocal Japan Inc. 58,400 Kambara Kisen 82,800 Efnav Co. Ltd. 58,400 Kambara Kisen 81,000 Mykonos Shpg. Co. 81,000 Mykonos Shpg. Co. 58,500 Orion Bulkers 58,000 Tata NYK 98,000 Kambara Kisen 82,800 Efnav Co. Ltd. 82,177 Kambara Kisen 58,400 Pacific Basin Shpg. 82,000 Kambara Kisen 16,000 1,000 TEU Kambara Kisen 58,400 Pacific Basin Shpg. 58,470 Kambara Kisen 58,470 Kambara Kisen 16,000 1,000 TEU Kambara Kisen 97,988 Glocal Japan Inc. 82,000 Kambara Kisen 58,400 Pacific Basin Shpg. 97,988 Glocal Japan Inc. 82,000 Unknown Japanese 97,988 Glocal Japan Inc. 58,400 Pacific Basin Shpg. 97,988 Glocal Japan Inc. 82,000 Unknown Japanese 82,000 Unknown Japanese 45,000 Wisdom Marine Lines 45,000 Wisdom Marine Lines On Order:- 38 Vessel(s); 2,706,677 DWT. 57,000 Unknown 58,000 Unknown 58,000 Unknown 57,000 Unknown 57,000 Unknown On Order:- 5 Vessel(s); 287,000 DWT. 92,000 1,200 3,000 2,000 2,000 Pallonji & Co. 1,500 GT Zakher Marine Oil 13,000 GT Hainan Strait 1,705 GT Zakher Marine Oil 1,705 GT Zakher Marine Oil 7,200 GT Hainan Strait On Order:- 6 Vessel(s); 100,200 DWT.

Tsuneishi Zhoushan Taizhou


2012 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 Mar 2013 Jun 2013 Dec 2013 Jan 2014 Feb 2014 Mar 2014 Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container Bulk Bulk Bulk Container Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk SS-118 SS-049 SS-094 SS-095 SS-119 SS-050 SS-097 SS-120 SS-078 SS-065 SS-098

Zhoushan
2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 2013 2013 2013 2013 Jan 2013 Jan 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Apr 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013 Sep 2013 Sep 2013 Oct 2013 Nov 2013 Dec 2013 Dec 2013 2014 2014 2014

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Taizhou Sanfu
Bulk Bulk Ch&O* Tanker Bulk MPP/Hvy. Lift Tanker Bulk Bulk Bulk Bulk MPP Tanker Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk MPP Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

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SF050212 SF110201 SF060110 SF100102 SF110202 SF060139 SF110101 100116

SF110203 100115 SF080107 SF110102 SF110204 SF060140

SS-048 SS-111 SS-066 SS-106 SS-125 SS-112 SS-130 SS-126 SS-113 SS-110 SS-131 SS-121 SS-129 SS-127 SS-122 SS-132 SS-123 SS-128 SS-124 SS-133

SF080108

Taizhou Wuzhou
L.P.G.

Taizhou
Nov 2013

Tianjin Xingang
MPP MPP Bulk MPP/Hvy. Lift Bulk MPP/Hvy. Lift Bulk MPP/Hvy. Lift Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Tianjin
2012 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 Jan 2013 Mar 2013 Apr 2013 Apr 2013 May 2013 Aug 2013 Oct 2013 Dec 2013

Universe S.B.
Bulk Bulk Bulk Bulk Bulk

Yizheng
2012 2013 2013 2013 2013

Unknown Yard
Bulk Supply Pass/Car F. AHTS AHTS Pass/Car F.

Unknown
Jul 2012 Aug 2012 2013 Dec 2013 Mar 2014 2015

Weihai Donghai
GCargo DHZ-11-01 8,500 Asia Pacfc. Shghai. On Order:- 1 Vessel(s); 8,500 DWT. 33,500 34,000 33,500 33,500 34,000 33,500 58,000 36,000 36,000 36,000 36,000 36,000 36,000 55,000 55,000 58,000 36,000 36,000 TPC Korea Hanjin Shpg Co. Interorient Nav. Co. Eurotankers Inc. Hanjin Shpg Co. Lamda Maritime S.A. Unknown Korean Unknown Unknown Bocimar N.V. Bocimar N.V. Bocimar N.V. Bocimar N.V. 4,700 TEU Horst Zeppenfeld 4,700 TEU Horst Zeppenfeld Unknown Korean Egon Oldendorff Egon Oldendorff

Weihai
Jun 2012

Weihai Samjin
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container Container Bulk Bulk Bulk 1033 1043 1008 1037 1044 1040 1050

Weihai
2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 Feb 2013 Oct 2013 Dec 2013

NB008-1 NB008-2 NB008-3 NB008-4

Titan Quanzhou SY
Products Products Products Products H0017 H0018 H0019 H0020

Jingfeng
Jul 2012 Jul 2012 Mar 2013 Mar 2013

1052 1053 1054 1055

Tsuji H.I.
Bulk Bulk Bulk S-22 S-23 S-24

Jiangsu
Jul 2012 Jul 2012 Jul 2012

1051

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 18

1st July 2012

Orderbook by Shipyard
Type Bulk Bulk Bulk Bulk Hull No. 1056 1057 Dwt. *Other Units Owner Delivery 2014 2014 2015 2015 Type Ch&O* Ch&O* Ch&O* Hull No. Dwt. *Other Units Owner 36,000 Bocimar N.V. 36,000 Bocimar N.V. 58,000 Asia-Pacific 20 58,000 Asia-Pacific 20 On Order:- 22 Vessel(s); 904,000 DWT. 1,000 GT Lanpan 1,000 GT Lanpan 1,000 GT Lanpan 1,000 GT Lanpan On Order:- 4 Vessel(s); DWT. A201L 171 A243M A251M A252M 4,700 4,000 82,000 81,700 81,700 4,680 7,000 4,000 6,000 GT China Oilfield Serv. 5,600 GT Sealion Shipping HOSCO Guangxi Beibu Guangxi Beibu 4,697 GT ChinOc 7,660 GT Shanghai Salvage Co 5,600 GT Sealion Shipping CHEC Changjiang Wuha 82,000 HOSCO 81,700 Guangxi Beibu 45,000 Shanghai Time Shpg. 45,000 Shanghai Time Shpg. 4,000 5,600 GT Sealion Shipping 45,000 Shanghai Time Shpg. 81,700 Guangxi Beibu 45,000 Shanghai Time Shpg. On Order:- 17 Vessel(s); 699,180 DWT. 4,800 3,717 GT Shanghai Salvage Co On Order:- 1 Vessel(s); 4,800 DWT. 5,500 Unknown 5,500 Unknown 4,400 5,000 cbm Fangchenggang S'pg 4,700 Nynas Bitumen 4,400 5,000 cbm Fangchenggang S'pg On Order:- 5 Vessel(s); 24,500 DWT. 18,000 Unknown 82,500 Fujian Ocean Shpg 82,500 Fujian Ocean Shpg 82,000 F. H. Bertling 24,000 Rickmers Reederei 24,000 Rickmers Reederei 82,500 Fujian Ocean Shpg 82,000 F. H. Bertling 24,000 Rickmers Reederei 82,500 Fujian Ocean Shpg 82,000 F. H. Bertling 24,000 Rickmers Reederei 82,500 Fujian Ocean Shpg 82,000 F. H. Bertling 82,500 Fujian Ocean Shpg 82,500 Fujian Ocean Shpg 82,500 Fujian Ocean Shpg 82,500 Fujian Ocean Shpg 82,500 Fujian Ocean Shpg On Order:- 19 Vessel(s); 1,267,000 DWT. 57,000 57,000 57,000 57,000 57,000 82,000 82,000 82,000 82,000 82,000 82,000 82,000 Xiamen Hongxin Xiamen C&D San Feng Shipping Xiamen Hongxin San Feng Shipping South Farocean South Farocean Guo Yun Ocean South Farocean Guo Yun Ocean Guo Yun Ocean Guo Yun Ocean 100,000 GT Xiamen Int. Cruise On Order:- 13 Vessel(s); 859,000 DWT. 6,310 Jan De Nul N.V. On Order:- 1 Vessel(s); 6,310 DWT. 16,500 19,800 Xinle Hong Kong Ace Tankers 19,800 Ace Tankers 19,800 Ace Tankers 19,800 Ace Tankers On Order:- 5 Vessel(s); 95,700 DWT. 52,000 Wenzhou Huashun On Order:- 1 Vessel(s); 52,000 DWT. 06-039 06-043 06-052 06-053 06-054 12,500 Unknown 6,450 Seatrend Shipping 5,700 Unknown 5,700 Unknown 5,700 Unknown On Order:- 5 Vessel(s); 36,050 DWT. 76,500 Unknown 57,000 Guoyu Group 57,000 Guoyu Group 57,000 Precious Shpg. Ltd. 57,000 Precious Shpg. Ltd. 57,000 Precious Shpg. Ltd. 57,000 Precious Shpg. Ltd. 35,000 Nordic Hamburg 35,000 Nordic Hamburg 37,500 Nordic Hamburg 37,500 Nordic Hamburg On Order:- 11 Vessel(s); 563,500 DWT. 28,000 Unknown Chinese 5,600 United Maritime Pte. 3,800 Unknown Singapore 3,800 Unknown Singapore 28,000 Taizhou Petrochaina 28,000 Taizhou Petrochaina 28,000 Taizhou Petrochaina 5,600 United Maritime Pte. On Order:- 8 Vessel(s); 130,800 DWT. 17,000 Weilun Shipping On Order:- 1 Vessel(s); 17,000 DWT. YN-011 29,200 Nakanishi Marine On Order:- 1 Vessel(s); 29,200 DWT. 6,600 Unknown On Order:- 1 Vessel(s); 6,600 DWT. 50,000 39,352 GT United Faith Group 50,000 39,352 GT United Faith Group On Order:- 2 Vessel(s); 100,000 DWT. 12,300 Sinotrans Shpg. Ltd. 12,300 Sinotrans Shpg. Ltd. On Order:- 2 Vessel(s); 24,600 DWT. 2008-3600-II 2008-3600-III 2008-3600-IV 5,130 Heuvelman Shpg. 5,130 Heuvelman Shpg. 5,130 Heuvelman Shpg. On Order:- 3 Vessel(s); 15,390 DWT. 2,764 3,000 2,278 3,000 2,350 1,500 3,000 3,000 3,000 3,600 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,750 GT 2,750 GT 2,588 GT 3,200 GT 2,558 GT 2,500 GT 1,500 GT 2,558 GT 2,558 GT 2,558 GT 3,200 GT 1,705 GT 1,705 GT 1,705 GT 1,981 GT 1,705 GT 1,705 GT 1,705 GT 1,705 GT 1,705 GT 1,705 GT POSH Semco POSH Semco POSH Semco Shanghai Offs Pet Marten Singapore Tidewater Marine Pareto AS Marten Singapore Marten Singapore Marten Singapore Unknown Marten Singapore Marten Singapore Marten Singapore Tidewater Marine Marten Singapore Marten Singapore Marten Singapore Marten Singapore Marten Singapore Marten Singapore

China P.R.
Delivery 2014 2014 2014

Xintian Shipyard Weihai


Jun 2012 Sep 2012 Dec 2012 Mar 2013 Bulk

Wenzhou
Jul 2012

Weihai Xinghai

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AHT AHT AHT AHT

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Xixiakou S/yard
MPP Ch&O* MPP MPP MPP

Rongcheng
2012 Jun 2012 Jun 2012 Jul 2012 Sep 2012

Wuchang S.B.
AHTS AHTS Bulk Bulk Bulk Research MSV AHTS CS/BW Dredg Bulk Bulk Bulk Bulk AHTS Bulk Bulk Bulk

Wuhan
Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Nov 2012 Dec 2012 Feb 2013

Yangzhou Guoyu
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk GY19 GY803 GY806 GY808 GY809 GY807 GY810 GY201 GY202

Jiangsu
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Jan 2013 Jan 2013 2014 2014

172 A244M A267M

173 A268M

Yangzhou Kejin
Tanker Bunkering Bunkering Bunkering Tanker Tanker Tanker Bunkering KJ-09092 KJ-08097 KJ-11115 KJ-11116 KJ-09090 KJ-09091 KJ-09087 KJ-08096

Yangzhou
2012 2012 2012 2012 Jun 2012 Jun 2012 Aug 2012 Sep 2012

Wuchang Shuangliu
PSV

Shuangliu
Feb 2013

Wuhan Nanhua HJ
Ch&O* Ch&O* NHJB503 L.P.G. NHJB509-02 Asp.& Bit. JB47002BC L.P.G.

Wuhan
Apr 2012 Apr 2012 Jun 2012 Jul 2012 Aug 2012

Yangzhou Longchuan
Bulk

Jiangsu
2012

Wuhu Shipyard
MPP Bulk Bulk Bulk MPP/Hvy. Lift MPP/Hvy. Lift Bulk Bulk MPP/Hvy. Lift Bulk Bulk MPP/Hvy. Lift Bulk Bulk Bulk Bulk Bulk Bulk Bulk W0823 W1011 W1012 W1021 W0811 W0812 W1013 W1022 W0814 W1014 W1023 W0813 W1015 W1024 W1016 W1017 W1018 W1019 W1020

Wuhu
May 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Nov 2012 Nov 2012 Nov 2012 Feb 2013 Mar 2013 May 2013 Aug 2013 Sep 2013 Nov 2013 Dec 2013

Yangzhou Nakanishi
Bulk

Yangzhou
Jul 2012

Yangzhou Oceanus
MPP 05-021

Yizheng
2012

Yantai CIMC Raffles


Hvy Dk Cargo Hvy Dk Cargo

Yantai
Sep 2013 Dec 2013

Yichang Shipyard
MPP MPP

Yichang
Sep 2012 Dec 2012

Yizheng Yangzi S.B.


Ch&O* Ch&O* Ch&O*

Yizheng
May 2012 May 2012 Oct 2012

Xiamen S.B.
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Cruise XSI409G XSI409I XSI433A XSI409H XSI433B XSI482A XSI482B XSI483A XSI482C XSI483B XSI483C XSI483D

Xiamen
Jul 2012 Jul 2012 Aug 2012 Oct 2012 Nov 2012 Mar 2013 Jun 2013 Jun 2013 Sep 2013 Sep 2013 Dec 2013 Mar 2014 Oct 2018

Yuexin S.B.
AHTS AHTS AHTS AHTS AHTS AHTS AHTS AHTS AHTS AHTS PSV AHTS AHTS AHTS Maintenance AHTS AHTS AHTS AHTS AHTS AHTS PY1007 PY1008 PY1006 3138 YX3157 3137 3155 YX3158 YX3159 YX3160 3188

Panyu
Jun 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Dec 2012 Mar 2013 Jun 2013 Jun 2013 Aug 2013 Oct 2013 Dec 2013 Dec 2013 Feb 2014 Apr 2014 Jun 2014 Aug 2014 Oct 2014

YX3161

Xinhe Shipyard
Other Dredger SB814

Tianjin
Sep 2012

Xinle S.B.
Ch&O* Ch&O* XL-118

Ningbo
Jun 2012 2013

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 19

1st July 2012

China P.R.
Type AHTS Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Dec 2014 Type Bulk MPP Bulk Container MPP MPP Bulk MPP Container MPP Container Container Container Container Container Container Hull No. 610 625 Dwt. *Other Units Owner Delivery May 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Sep 2013 Oct 2013 Dec 2013 2014 2014 Jan 2014 Mar 2014 2,000 1,705 GT Marten Singapore On Order:- 22 Vessel(s); 49,492 DWT. 12,000 734 TEU Unknown Chinese On Order:- 1 Vessel(s); 12,000 DWT. 28,000 CSC Phoenix 28,000 CSC Phoenix On Order:- 2 Vessel(s); 56,000 DWT. 29,756 Pertamina Direktorat 29,756 Pertamina Direktorat 35,000 Unknown On Order:- 3 Vessel(s); 94,512 DWT. 13,600 Unknown Hong Kong On Order:- 1 Vessel(s); 13,600 DWT. 16,800 Erico Shipping 52,000 Ningbo Yongzheng S. 17,400 Ningbo Donghong 13,000 HongKong Rundong 13,000 HongKong Rundong On Order:- 5 Vessel(s); 112,200 DWT. 10,400 Zhejiang Dredging On Order:- 1 Vessel(s); 10,400 DWT. 35,000 Unknown On Order:- 1 Vessel(s); 35,000 DWT. 25,800 Pacific Carriers 25,800 Pacific Carriers On Order:- 2 Vessel(s); 51,600 DWT. 32,500 Unknown On Order:- 1 Vessel(s); 32,500 DWT.

Yuhuan County SB
Container

Yuhuan
2012

Zhejiang Changhong

Zhejiang
May 2012 Aug 2012

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Bulk Bulk

636

Zhejiang Chen Ye
Products Products Bulk

Zhoushan
Apr 2012 Jun 2012 Jul 2012

656 657

CYC0708

Zhejiang Cheng Lu
GCargo CL1585

Zhejiang
2012

37,200 Evalend Shpg. 31,000 China Navigation Co. 37,200 Paragon Shpg. 55,000 4,800 TEU Thenamaris (Mgmt.) 31,000 China Navigation Co. 31,000 China Navigation Co. 37,200 Unknown 31,000 China Navigation Co. 55,000 4,800 TEU Thenamaris (Mgmt.) 31,000 China Navigation Co. 56,300 4,800 TEU Paragon Shpg. 56,300 4,800 TEU Paragon Shpg. 18,000 1,700 TEU Avin International 18,000 1,700 TEU Avin International 55,000 4,800 TEU Evalend Shpg. 55,000 4,800 TEU Evalend Shpg. On Order:- 43 Vessel(s); 1,925,336 DWT. 38,000 29,908 GT Zhejiang Share-Ever On Order:- 1 Vessel(s); 38,000 DWT. 1,800 1,800 1,800 1,800 1,800 1,800 1,700 1,700 1,700 1,700 58,000 4,450 1,800 1,800 1,800 1,700 1,700 1,700 58,000 4,400 1,800 1,800 1,700 1,800 1,800 1,700 58,000 1,800 1,800 1,700 58,000 3,500 1,800 1,800 4,858 3,500 1,800 1,800 1,700 1,700 3,700 1,700 1,700 3,500 3,700 3,700 3,700 4,858 4,858 4,858 4,858 4,858 4,858 4,858 4,858 4,858 4,858 3,700 3,700 3,700 3,700 2,200 GT 2,200 GT 2,200 GT 2,200 GT 2,200 GT 2,200 GT 1,740 GT 1,740 GT 1,316 GT 1,316 GT 3,950 GT 2,200 GT 2,200 GT 2,200 GT 1,316 GT 1,316 GT 1,316 GT 3,910 GT 2,200 GT 2,200 GT 1,316 GT 2,200 GT 2,200 GT 1,316 GT 2,200 GT 2,200 GT 1,316 GT 2,710 GT 2,200 GT 2,200 GT 5,316 GT 2,710 GT 2,200 GT 2,200 GT 1,316 GT 1,316 GT 1,214 GT 2,865 GT 1,316 GT 1,316 GT 2,710 GT 2,865 GT 2,865 GT 2,865 GT 6,000 GT 6,000 GT 6,000 GT 6,000 GT 6,000 GT 6,000 GT 6,000 GT 6,000 GT 6,000 GT 6,000 GT 2,865 GT 2,865 GT 2,865 GT 2,865 GT Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Unknown Bourbon Offs. Norway Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Unknown Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Unknown Bourbon Offshore Bourbon Offshore Bourbon Offshore Unknown Deep Sea Supply Bourbon Offshore Bourbon Offshore Bourbon Offshore Deep Sea Supply Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Deep Sea Supply Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore Bourbon Offshore

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Zhejiang Peninsula Ningbo


2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Hvy Dk Cargo

Zhoushan
May 2012

Zhejiang Donghong
Bulk Bulk Bulk Bulk Bulk 09 DH52000-2 DH20800-1 C4088-4 C4088-5

Zhejiang S.B.
AHTS AHTS AHTS AHTS AHTS AHTS PSV PSV PSV PSV Bulk PSV AHTS AHTS AHTS PSV PSV PSV Bulk PSV AHTS AHTS PSV AHTS AHTS PSV Bulk AHTS AHTS PSV Bulk PSV AHTS AHTS MSV PSV AHTS AHTS PSV PSV PSV PSV PSV PSV PSV PSV PSV PSV MSV MSV MSV MSV MSV MSV MSV MSV MSV MSV PSV PSV PSV PSV ZJ3002 ZJ3003 ZJ3004 ZJ3005 ZJ3006 ZJ3007 ZJ3022 ZJ3024 ZJ3021 ZJ3026 ZJB10-194 DH1003 ZJ3008 ZJ3009 ZJ3010 ZJ3023 ZJ3025 ZJ3027 ZJB10-195 DH1004 ZJ3011 ZJ3012 ZJ3028 ZJ3013 ZJ3014 ZJ3029 ZJB10-196 ZJ3015 ZJ3016 ZJ3030 ZJB10-197 ZJ3017 ZJ3018

Ningbo
Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Feb 2013 Feb 2013 Feb 2013 Apr 2013 Apr 2013 Apr 2013 Jun 2013 Jul 2013 Oct 2013 Jan 2014 Apr 2014 Apr 2014 Apr 2014 Apr 2014 Apr 2014 Apr 2014 Apr 2014 Apr 2014 Apr 2014 Apr 2014 Apr 2014 Jul 2014 Oct 2014 Jan 2015

Zhejiang Fangyuan
TSH Dredger FY 201007

Linhai
Aug 2012

Zhejiang Haicheng
Bulk HC-008

Zhejiang
Jul 2012

Zhejiang Hongguan
MPP MPP 1001 1002

Linhai
Jul 2012 Jul 2012

Zhejiang Hongxin
Bulk

Taizhou
Jun 2012

Zhejiang Jingang
Bulk Bulk Bulk Bulk Ch&O* ZJG028 ZJG030 ZJG031 ZJG032 015 33,500 Unknown 33,500 Norbulk Shpg. UK Ltd 33,500 Norbulk Shpg. UK Ltd 33,500 Norbulk Shpg. UK Ltd 17,091 Norstar Group On Order:- 5 Vessel(s); 151,091 DWT. 47,000 Unknown 35,000 Zhejiang Wenling CSE On Order:- 2 Vessel(s); 82,000 DWT. 82,000 Parakou Shpg. 82,000 Parakou Shpg. On Order:- 2 Vessel(s); 164,000 DWT. 37,168 82,000 82,000 82,000 37,200 37,168 82,000 82,000 37,200 37,200 37,200 37,200 37,200 81,600 37,200 23,800 23,800 23,800 23,800 82,000 37,200 37,200 31,000 82,000 37,200 31,000 31,000 Fednav Ltd Nord, Reederei, Ltd. Iason Hellenic Safe Bulkers Inc. Atlantis Mngt. Inc. Fednav Ltd Safe Bulkers Inc. Nord, Reederei, Ltd. Evalend Shpg. Nord, Reederei, Ltd. Nord, Reederei, Ltd. Evalend Shpg. Paragon Shpg. Navitas Cia. Mar. Nord, Reederei, Ltd. Nord, Reederei, Ltd. Nord, Reederei, Ltd. Nord, Reederei, Ltd. Nord, Reederei, Ltd. Hellenic Carriers Evalend Shpg. Nord, Reederei, Ltd. China Navigation Co. Hellenic Carriers Evalend Shpg. China Navigation Co. China Navigation Co.

Wenling
2012 Jul 2012 Aug 2012 Sep 2012 Dec 2012

Zhejiang Jiuzhou
Bulk Bulk JZ-001

Zhejiang
2012 Jul 2012

Zhejiang Judger S.B.


Bulk Bulk ZJ82K-1001 ZJ82K-1002

Zhejiang
Sep 2012 Nov 2012

Zhejiang Ouhua
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container Container Container Container Bulk Bulk Bulk MPP Bulk Bulk MPP MPP 633 618 620 631 634 632 617 621 606 611 613 607 612 623 614

Zhejiang
2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 Jan 2013 Jan 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 Apr 2013

ZJ3019 ZJ3020 ZJ3034 ZJ3035

ZJ3032 ZJ3033

1,730 TEU 1,730 TEU 1,730 TEU 1,730 TEU

629 608 615 630 609

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 20

1st July 2012

Orderbook by Shipyard
Type PSV PSV PSV PSV Hull No. Dwt. *Other Units Owner Delivery Apr 2015 Jul 2015 Oct 2015 Jan 2016 Type Hull No. Dwt. *Other Units Owner 3,700 2,865 GT Bourbon Offshore 3,700 2,865 GT Bourbon Offshore 3,700 2,865 GT Bourbon Offshore 3,700 2,865 GT Bourbon Offshore On Order:- 66 Vessel(s); 407,188 DWT. 47,500 Zhejiang Wugang 47,500 Zhejiang Wugang On Order:- 2 Vessel(s); 95,000 DWT. 2171 2172 2218 2219 2217 2173 2220 2186 2181 2182 2221 2200 2183 2174 2222 32,844 Canadian Forest Nav. 32,844 Canadian Forest Nav. 82,000 Unknown Hong Kong 11,850 1,100 TEU SITC 11,850 1,100 TEU SITC 82,000 Unknown Hong Kong 56,800 Jiangsu Fareast Shpg 32,844 Canadian Forest Nav. 11,850 1,100 TEU SITC 76,600 SITC 35,000 John T. Essberger 35,000 John T. Essberger 11,850 1,100 TEU SITC 82,000 Unknown Hong Kong 35,000 John T. Essberger 32,844 Canadian Forest Nav. 11,850 1,100 TEU SITC 11,850 1,100 TEU NOSC 11,850 1,100 TEU NOSC 11,850 1,100 TEU SITC 11,850 1,100 TEU SITC 11,850 1,100 TEU SITC 76,600 SITC 35,000 Cobelfret N.V. 11,850 1,100 TEU NOSC 11,850 1,100 TEU NOSC 35,000 Cobelfret N.V. 76,600 SITC 76,000 Guangdong Lanyue 64,000 Ulusoy Denizyollari 76,000 Guangdong Lanyue 76,000 Guangdong Lanyue 64,000 Ulusoy Denizyollari 76,600 SITC 76,000 Guangdong Lanyue 76,000 Guangdong Lanyue 64,000 Ulusoy Denizyollari 76,000 Guangdong Lanyue 36,100 CSL Group Inc. 36,100 CSL Group Inc. 76,000 Guangdong Lanyue 64,000 Ulusoy Denizyollari 76,000 Guangdong Lanyue 76,000 Guangdong Lanyue 76,000 Guangdong Lanyue 39,500 d'Amico Ireland 39,500 d'Amico Ireland 39,500 d'Amico Ireland 39,500 d'Amico Ireland 39,500 d'Amico Ireland 39,500 d'Amico Ireland On Order:- 51 Vessel(s); 2,382,976 DWT. 47,500 Zhoushan Bishenglong 37,300 TB Marine Hamburg 37,300 TB Marine Hamburg 57,000 Unknown 37,300 TB Marine Hamburg 57,000 Huarong Fin Leasing 47,500 Zhoushan Bishenglong On Order:- 7 Vessel(s); 320,900 DWT. 7,000 China Shpg. Tankers On Order:- 1 Vessel(s); 7,000 DWT. 12,750 CCCC SDC 2,000 1,938 GT NPCC On Order:- 2 Vessel(s); 14,750 DWT. 6,436 8,000 8,000 Livanos N.G. OW Bunker OW Bunker On Order:- 3 Vessel(s); 22,436 DWT.

China P.R.
Delivery

Zhong Chuan H.I.


Bulk Bulk Bulk Bulk Bulk ZC3002 ZC3007 ZC3009 ZC3008 ZC3010 34,845 F. H. Bertling 34,845 MST - Mineralien 34,845 F. H. Bertling 34,845 MST - Mineralien 34,845 F. H. Bertling On Order:- 5 Vessel(s); 174,225 DWT. 25,000 SE Shipping Lines 25,000 SE Shipping Lines 25,000 SE Shipping Lines 25,000 SE Shipping Lines On Order:- 4 Vessel(s); 100,000 DWT. 2,370 2,310 GT Aries AP On Order:- 1 Vessel(s); 2,370 DWT. 150,000 Exmar Offshore On Order:- 1 Vessel(s); 150,000 DWT. WZ0708 WZ0709 57,500 Zhehai Shipping 35,000 Zhejiang Shpg Group On Order:- 2 Vessel(s); 92,500 DWT. 5,000 303 TEU Sinotrans Changjiang On Order:- 1 Vessel(s); 5,000 DWT.

Zhoushan
Jul 2012 Jul 2012 Jul 2012 Aug 2012 Oct 2012

Zhejiang Tai Tong

Zhejiang
2013 2013

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Bulk Bulk

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Zhongou S.B. Zhoushan


Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 Feb 2013 Mar 2013 Mar 2013 Apr 2013 May 2013 Jun 2013 Jul 2013 Jul 2013 Aug 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013 Nov 2013 Nov 2013 Dec 2013 Dec 2013 Dec 2013 Jan 2014 Jan 2014 Feb 2014 Mar 2014 Apr 2014 Jun 2014 Sep 2014 Dec 2014 Feb 2015 Apr 2015 Jun 2015 MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift MPP/Hvy. Lift Z0001 Z0002 Z0003 Z0004

Wenzhou
Sep 2012 Oct 2012 May 2013 Jul 2013

Zhejiang Yangfan
Bulk Bulk Bulk Container Container Bulk Bulk Bulk Container Bulk Bulk Bulk Container Bulk Bulk Bulk Container Container Container Container Container Container Bulk Bulk Container Container Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Zhongshan Jinhui
AHTS JH7008

Zhongshan City
Aug 2012

Zhoushan Wison
FPSO/LNG

Zhoushan
Dec 2014

Zhoushan Wuzhou
Bulk Bulk

Zhejiang
Jul 2012 Oct 2012

Zijinshan Shipyard
Container

Jiangsu
Jul 2012

2223 2224 2225

Croatia
Brod. 3 Maj
Asp.& Bit. Ch&O* Asp.& Bit. Asp.& Bit. Asp.& Bit. 716 713 717 718 719 15,000 Wisby Tankers AB 51,800 Uljanik Plovidba 15,000 Wisby Tankers AB 15,000 Wisby Tankers AB 15,000 Wisby Tankers AB On Order:- 5 Vessel(s); 111,800 DWT. 46,200 Anglo-Atlantic S.S. On Order:- 1 Vessel(s); 46,200 DWT. 51,500 Uljanik Plovidba 26,000 Jan De Nul N.V. 22,500 Jan De Nul N.V. 51,500 Uljanik Plovidba On Order:- 4 Vessel(s); 151,500 DWT. 51,900 Jadroplov 14,000 Kahn Scheepvaart 14,000 Kahn Scheepvaart On Order:- 3 Vessel(s); 79,900 DWT. 1,000 5,000 GT Le Groupe Desgagnes 9,015 Tarbit Shpg. AB On Order:- 2 Vessel(s); 10,015 DWT.

Rijeka
Jun 2012 Jul 2012 Sep 2012 Dec 2012 Mar 2013

2265 2266

Brod. Trogir
Ch&O* 324

Trogir
Oct 2012

2242

Brod. Uljanik
Bulk TSH Dredger TSH Dredger Bulk 490 496 497 491

Pula
Jul 2012 Jul 2012 Dec 2012 Jun 2013

Brodosplit
Bulk Heavy Lift Heavy Lift 470

Split
Jul 2012 Sep 2013 Mar 2014

H2275 H2276

Kraljevica
Pass/Cargo Asp.& Bit. 555 548

Kraljevica
Apr 2012 May 2012

H2283 H2284 H2285 H2286 H2287 H2288

Denmark
Hvide Sande Skibs
Pass/Car F. 1,000 GT Ventrafiken AB On Order:- 1 Vessel(s); DWT.

Hvide Sande
Aug 2012

Egypt
Alexandria S.Y.
Ro-Ro N29 11,350 Egyptian Govt. On Order:- 1 Vessel(s); 11,350 DWT.

Zhejiang Zhenghe SB
Bulk Bulk Bulk Bulk Bulk Bulk Bulk ZH3003 ZH3004 ZH1049 ZH3002 ZH570055

Zhejiang
2012 2012 2012 Jul 2012 Jul 2012 Aug 2012 2013

Alexandria
2012

Estonia
BLRT Tallinn
Pass/Car F. 900 5,000 GT Saaremaa Shipping On Order:- 1 Vessel(s); 900 DWT.

Tallinn
2015

Finland
Arctech
PSV PSV O. Salv. Tug 506 507 3,950 7,497 GT Sovcomflot JSC 3,950 7,497 GT Sovcomflot JSC 5,000 Mintrans Russia On Order:- 3 Vessel(s); 12,900 DWT. 355 31,000 31,000 1,000 GT Finferries 21,021 GT Eide Marine Services 21,021 GT Eide Marine Services 57,000 GT Viking Line Abp 97,000 GT Tui Cruises On Order:- 5 Vessel(s); 62,355 DWT.

Zhejiang Zhenxing
Products

Wenling
2012

Helsinki
Apr 2013 Apr 2013 Dec 2013

Zhenhua Jiangyin
TSH Dredger Hvy L/Crane

Jiangyin
Oct 2012 Jun 2013

STX Finnyards
Pass/Car F. Well Stimul. Well Stimul. Pass/Car F. Cruise 1380

Rauma
Nov 2012 Mar 2013 Jun 2013 Jan 2013 May 2014

Zhenjiang Sopo
Ch&O* Ch&O* Ch&O* SP0701 SP0702

Zhenjiang
Feb 2012 Apr 2012 Apr 2012

1376

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 21

1st July 2012

France
Type Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Type Cement Cement Bulk Bulk AHTS AHTS AHTS AHTS AHTS AHTS Bulk Bulk Bulk AHT Seis. Survey Bulk Bulk AHTS AHTS Bulk Bulk Bulk Research MSV Bulk Bulk Bulk MSV Bulk Bulk Bulk Bulk Cement Bulk Bulk Bulk Bulk Bulk Diving Spt Bulk AHTS AHTS PSV Bulk Bulk Diving Spt Bulk AHTS PSV Bulk AHTS AHTS PSV PSV Bulk AHT PSV AHT Bulk Bulk Bulk Bulk Bulk Bulk Bulk PSV AHT AHT AHT AHT Bulk Bulk Hull No. 378 379 383 384 354 355 Dwt. 20,000 20,000 10,000 10,000 2,500 2,500 1,575 1,575 1,575 1,575 54,000 54,000 33,857 1,575 1,350 54,000 33,857 1,575 1,500 54,000 54,000 33,857 *Other Units Owner Delivery 2012 2012 2012 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Feb 2013 Feb 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 May 2013 May 2013 May 2013 Jun 2013 Aug 2013 Aug 2013 Aug 2013 Aug 2013 Sep 2013 Oct 2013 Nov 2013 Dec 2013 2014 2014 2014 2014 2014 2014 2014 Feb 2014 Feb 2014 Apr 2014 Jun 2014 Aug 2014 2015 2015

France
STX France
Cruise Cruise X32 H33 10,000 139,400 GT MSC Cruises 4,000 40,000 GT Hapag-Lloyd Cruises On Order:- 2 Vessel(s); 14,000 DWT. 4,325 STFMO On Order:- 1 Vessel(s); 4,325 DWT.

St. Nazaire
Dec 2012 Mar 2013

STX France (Lorient)

Lorient
Jul 2012

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TSH Dredger

Germany
Ferus Smit
MPP MPP 23,000 Wagenborg Shpg. B.V. 23,000 Wagenborg Shpg. B.V. On Order:- 2 Vessel(s); 46,000 DWT. 753 754 755 757 758 13,250 13,250 13,250 19,500 8,000 Ulusoy Denizyollari Ulusoy Denizyollari Ulusoy Denizyollari Oceanex (1997) Inc. Rolldock B.V. 1,000 GT WesternGeco 1,000 GT WesternGeco 8,000 Rolldock B.V. 4,000 7,000 GT Caledonian Maritime On Order:- 9 Vessel(s); 79,250 DWT.

Leer
2013 2014

Flensburger S.B
Ro-Ro Ro-Ro Ro-Ro Ro-Ro/Cnt Heavy Lift Seis. Survey Seis. Survey Heavy Lift Pass/Car F.

Flensburg
Oct 2012 Jan 2013 Apr 2013 Sep 2013 Nov 2013 Jan 2014 Jan 2014 Mar 2014 Jun 2014

ABG 326 315 316 335 328 238 347 336 327 291 292 337 369 293 294 338 367 303 304 306 307 380 385 387 388 389 295 283 348 276 361 297 339 317 349 277 362 340 279 280 363 342

759

J. J. Sietas
Pass/Car F. TSH Dredger 1297 750 4,400 GT Danske Faergen 9,899 Josef Mbius B-A On Order:- 2 Vessel(s); 10,649 DWT. 9,500 122,000 GT Celebrity Cruises 12,200 15,600 cbm Anthony Veder 7,000 71,300 GT Aida Cruises Ltd. 11,000 144,017 GT Norw. Cruise Line 11,000 144,017 GT Norw. Cruise Line 10,500 158,350 GT Royal Caribbean 10,500 158,350 GT Royal Caribbean On Order:- 7 Vessel(s); 71,700 DWT. 3,500 GT RF Forschungs On Order:- 1 Vessel(s); DWT. 20,547 GT Oceanografia On Order:- 1 Vessel(s); DWT. 600 Royal Arctic Line 600 Royal Arctic Line 8,400 606 TEU Royal Arctic Line 12,000 DFDS A/S 4,200 24,000 GT Scandlines Denmark 2,500 Royal Arctic Line 4,200 24,000 GT Scandlines Denmark 12,000 DFDS A/S 2,500 Royal Arctic Line On Order:- 9 Vessel(s); 47,000 DWT.

Hamburg
Aug 2012 Aug 2012

Meyer Werft
Cruise L.N.G. Cruise Cruise Cruise Cruise Cruise 691 665 695 692 697 698

Papenburg
Oct 2012 Dec 2012 May 2013 Jul 2013 May 2014 Sep 2014 May 2015

Neptun Werft
Research

Rostock
Jan 2015

P+S Werften
Pipe Layer

Wolgast
Nov 2012

P+S Werften GmbH


GCargo GCargo Container Ro-Ro Pass/Car F. MPP Pass/Car F. Ro-Ro MPP

Stralsund
2012 2012 Jun 2012 Jul 2012 Jul 2012 Sep 2012 Sep 2012 Oct 2012 Dec 2012

2100 500 502 2101 503 501 2102

Hong Kong
Cheoy Lee S.Y.
Supply Supply AHTS Supply AHT AHT AHT AHT AHT 5043 5025 4959 5044 5053 5054 5055 5041 5042 500 GT Swissco Marine Pte 1,400 1,330 GT Swissco Marine Pte 1,393 1,260 GT Cheoy Lee S.Y. 500 GT Swissco Marine Pte 750 1,100 GT Teras Offshore 750 1,100 GT Teras Offshore 750 1,100 GT Teras Offshore 1,000 1,050 GT Teras Offshore 1,000 1,050 GT Teras Offshore On Order:- 9 Vessel(s); 7,043 DWT.

Hong Kong
Jun 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Mar 2013 May 2013

320 321 322 390 391 392 393

India
ABG Shipyard
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 288 289 290 313 298 299 300 301 302 329 330 333 54,000 54,000 54,000 54,000 35,000 35,000 35,000 35,000 35,000 33,857 33,857 33,857 PFS Shipping (S) PFS Shipping (S) PFS Shipping (S) Global Bulk Carriers Reederei H. Vogemann Reederei H. Vogemann Reederei H. Vogemann Reederei H. Vogemann Reederei H. Vogemann Global Bulk Carriers Global Bulk Carriers Global Bulk Carriers

Surat
2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012

394 396

Assoc. Bulk Carrs. Assoc. Bulk Carrs. ABG Cement ABG Cement 2,300 GT Marnavi S.P.A. 2,132 GT Marnavi S.P.A. 1,940 GT Varada Marine 1,940 GT Varada Marine 1,940 GT Varada Marine 1,940 GT Varada Marine Global Bulk Carriers Precious Shpg. Ltd. Precious Shpg. Ltd. 1,940 GT Varada Marine 1,500 GT Ship Finance Inter. Precious Shpg. Ltd. Precious Shpg. Ltd. 1,940 GT Varada Marine 1,940 GT Varada Marine Essar Shipping Essar Shipping Precious Shpg. Ltd. 4,148 GT NIO - Goa 4,000 4,100 GT Sealion Shipping 54,000 Essar Shipping 54,000 Essar Shipping 33,857 Precious Shpg. Ltd. 4,000 4,100 GT Sealion Shipping 35,000 Reederei H. Vogemann 35,000 Reederei H. Vogemann 35,000 Reederei H. Vogemann 35,000 Reederei H. Vogemann 20,000 Assoc. Bulk Carrs. 10,000 ABG Cement 10,000 ABG Cement 10,000 ABG Cement 10,000 ABG Cement 54,000 Essar Shipping 2,100 2,600 GT PFS Shipping 54,000 Precious Shpg. Ltd. 3,000 2,558 GT Varada Marine 3,000 2,558 GT Varada Marine 3,300 2,000 GT Varada Marine 54,000 Essar Shipping 33,857 Precious Shpg. Ltd. 2,100 2,600 GT PFS Shipping 54,000 Precious Shpg. Ltd. 3,000 2,558 GT Varada Marine 3,300 2,000 GT Varada Marine 33,857 Precious Shpg. Ltd. 3,000 2,700 GT Varada Marine 3,000 2,558 GT Varada Marine 3,300 2,000 GT Varada Marine 3,300 2,000 GT Varada Marine 33,857 Precious Shpg. Ltd. 1,600 1,900 GT Shpg. Corp. of India 3,300 2,000 GT Varada Marine 1,600 1,900 GT Shpg. Corp. of India 35,000 Reederei H. Vogemann 35,000 Reederei H. Vogemann 35,000 Reederei H. Vogemann 10,000 ABG Cement 10,000 ABG Cement 10,000 ABG Cement 10,000 ABG Cement 3,300 2,000 GT Varada Marine 1,600 1,900 GT Shpg. Corp. of India 1,600 1,900 GT Shpg. Corp. of India 1,600 1,900 GT Shpg. Corp. of India 1,600 1,900 GT Shpg. Corp. of India 10,000 ABG Cement 10,000 ABG Cement On Order:- 84 Vessel(s); 1,822,470 DWT. 4,000 4,377 GT Great Offshore Ltd 4,000 4,377 GT Great Offshore Ltd 4,000 4,377 GT Great Offshore Ltd On Order:- 3 Vessel(s); 12,000 DWT.

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Bharati Goa
MSV MSV MSV Jun 2013 Jun 2013 Jun 2013

Bharati S.Y.
Bulk Bulk Bulk Ro-Ro/Lo-Lo 368 369 370 357 20,000 20,000 20,000 5,600 Clipper Group Clipper Group Clipper Group Sea-Cargo AS

Mumbai
2012 2012 2012 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 22

1st July 2012

Orderbook by Shipyard
Type Ro-Ro/Lo-Lo MPP MPP MPP Ro-Ro/Lo-Lo AHTS PSV PSV AHTS AHTS PSV AHTS AHTS AHTS MPP PSV AHTS AHTS Bulk Bulk Bulk Hull No. 358 332 331 333 325 339 386 387 383 356 376 399 396 384 334 382 354 398 371 372 373 Dwt. *Other Units Owner Delivery 2012 Mar 2012 May 2012 May 2012 May 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 2013 2013 2013 Type Hull No. Dwt. *Other Units Owner 5,600 Sea-Cargo AS 6,500 Grona Shipping 6,500 Grona Shipping 6,500 Grona Shipping 5,000 Sea-Cargo AS 3,500 5,040 GT Five Stars Shpg. 4,200 2,900 GT UP Offshore 4,200 2,900 GT UP Offshore 2,500 2,620 GT Norwegian Shpg. Ltd. 2,100 2,310 GT Bourbon Offshore 3,200 2,200 GT Great Offshore Ltd 2,500 2,132 GT Norwegian Shpg. Ltd. 2,000 2,039 GT Shpg. Corp. of India 2,300 1,961 GT Norwegian Shpg. Ltd. 6,500 Grona Shipping 4,200 2,900 GT UP Offshore 2,100 2,310 GT Bourbon Offshore 2,300 1,961 GT Norwegian Shpg. Ltd. 20,000 Clipper Group 20,000 Clipper Group 20,000 Clipper Group On Order:- 25 Vessel(s); 197,300 DWT. 4,450 Chowgule S.S. Ltd. 4,450 Chowgule S.S. Ltd. 4,450 JR Shipping B.V. 4,450 JR Shipping B.V. On Order:- 4 Vessel(s); 17,800 DWT. 3,060 2,369 GT Shpg. Corp. of India 1,970 2,048 GT Shpg. Corp. of India 1,970 2,048 GT Shpg. Corp. of India 3,060 2,369 GT Shpg. Corp. of India 3,940 3,360 GT Shpg. Corp. of India 3,250 2,100 GT Unknown 3,250 2,100 GT Unknown On Order:- 7 Vessel(s); 20,500 DWT. 53,000 Good Earth Maritime 53,000 Good Earth Maritime 53,000 Good Earth Maritime On Order:- 3 Vessel(s); 159,000 DWT. 8,250 Rolldock B.V. 18,680 BigLift Shipping 8,250 Rolldock B.V. 8,250 Rolldock B.V. 2,000 1,548 GT Halul Offshore 2,000 1,548 GT Halul Offshore 1,500 1,279 GT Halul Offshore 1,500 1,279 GT Halul Offshore 18,680 BigLift Shipping On Order:- 9 Vessel(s); 69,110 DWT. 2,500 1,724 GT ONGC 2,500 1,724 GT ONGC 2,500 1,724 GT ONGC 74,500 Unknown 74,500 Golden Ocean 74,500 Unknown 2,500 1,724 GT ONGC 2,500 1,900 GT ONGC 2,500 1,900 GT ONGC 2,500 1,724 GT ONGC 2,500 1,724 GT ONGC 2,500 1,900 GT ONGC 2,500 1,724 GT ONGC 74,500 Unknown 2,500 1,724 GT ONGC 2,500 1,724 GT ONGC On Order:- 16 Vessel(s); 328,000 DWT. 1,500 Unknown Indian On Order:- 1 Vessel(s); 1,500 DWT. 3,100 3,411 GT NKrah 3,200 3,501 GT Nordic Maritime 2,500 1,515 GT Fugro 2,200 1,333 GT Nordic Maritime 2,500 1,515 GT Fugro On Order:- 5 Vessel(s); 13,500 DWT.

India
Delivery

Indonesia
Batamec S.Y.
Well Stimul. AHTS AHTS 7048 7049 7,200 8,200 GT Norshore 4,500 7,900 GT Otto Industrial 4,500 7,900 GT Otto Industrial On Order:- 3 Vessel(s); 16,200 DWT. 2,200 3,300 GT Seaspec Marine Serv. 2,400 2,100 GT Elegant Shipping 3,200 2,478 GT Tidewater Marine 3,200 2,478 GT Tidewater Marine 3,200 2,478 GT Tidewater Marine 3,200 2,478 GT Tidewater Marine On Order:- 6 Vessel(s); 17,400 DWT. 2,515 2,744 GT Jaya Offshore Pte 4,500 4,330 GT Jaya Offshore Pte 4,500 4,330 GT Jaya Offshore Pte 2,500 3,220 GT Jaya Offshore Pte 3,000 3,864 GT Jaya Offshore Pte On Order:- 5 Vessel(s); 17,015 DWT. 3,500 2,985 GT Marco Polo Shipping On Order:- 1 Vessel(s); 3,500 DWT. 109 3,500 Pertamina Direktorat On Order:- 1 Vessel(s); 3,500 DWT. 6,500 Pertamina Direktorat 6,500 Pertamina Direktorat On Order:- 2 Vessel(s); 13,000 DWT. 1,250 1,066 GT Miclyn Express Offsh 2,800 2,388 GT Miclyn Express Offsh 2,800 2,388 GT Miclyn Express Offsh 2,200 1,703 GT Miclyn Express Offsh 2,200 1,703 GT Miclyn Express Offsh On Order:- 5 Vessel(s); 11,250 DWT. 260 0242 259 6,200 Mediterranea di Nav. 24,000 G. D'Alesio S.A.S. 6,200 Mediterranea di Nav. 17,800 Pertamina Direktorat 17,800 Pertamina Direktorat On Order:- 5 Vessel(s); 72,000 DWT. 465 GT Bessin Pacific On Order:- 1 Vessel(s); DWT.

Batam
Jun 2012 Jun 2012 Jun 2012

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DDW Nanindah
AHTS AHTS PSV PSV PSV PSV T210 T202 NT 219 220 NT 218 221

Batam
Jun 2012 Jun 2012 Jul 2012 Oct 2012 Jul 2013 Dec 2013

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Jaya Asiatic Shipyd.


AHTS 8K4B PSV 8KPSV90 PSV 8KPSV91 H910 ROV/Sub Spt H911 ROV/Sub Spt

Batam
Jul 2012 May 2013 Jun 2013 Jan 2014 Apr 2014

Chowgule S.B.
MPP MPP MPP MPP 202 203 198 199

Goa
2012 2012 Jun 2012 Oct 2012

MP Shipyard
AHTS

Batam
Sep 2012

P.T. Dumas
Products

Surabaya
Jun 2012

Cochin S.Y.
PSV AHTS AHTS PSV AHTS PSV PSV BY-85 BY-79 BY-80 BY-86 BY-91 BY-92

Cochin
Jun 2012 Jun 2012 Jun 2012 Jul 2012 Sep 2012 Feb 2013 Feb 2013

PT Dok Surabaya
Ch&O* Products 08602 10604

Surabaya
Apr 2012 Apr 2012

PT Loh & Loh


AHTS AHTS AHTS PSV PSV

Batam
Jul 2012 Nov 2012 Dec 2012 Aug 2013 Oct 2013

Hindustan S.Y.
Bulk Bulk Bulk 11139 11140 11141

Visakhapatnam
Jul 2012 Sep 2012 Dec 2012

PT Pal
Ch&O* Ch&O* Ch&O* Products Products

Surabaya
2012 Jun 2012 Jun 2012 Sep 2012 Dec 2012

Larsen & Toubro


Heavy Lift Heavy Lift Heavy Lift Heavy Lift PSV PSV AHTS AHTS Heavy Lift 81003 81007 81004 81005

Hazira
Apr 2012 May 2012 Aug 2012 Jun 2013 Jan 2014 Jan 2014 Jan 2014 Jan 2014 2015

Sentek Batam
AHT 07N20

Batam
May 2012

Iran
ISOICO
Container 104 30,238 2,188 TEU HDS Lines On Order:- 1 Vessel(s); 30,238 DWT. 113,000 PDVSA 113,000 PDVSA 113,000 PDVSA 113,000 PDVSA On Order:- 4 Vessel(s); 452,000 DWT.

81008

Bandar Abbas
2012

Pipavav Shipyd.
Supply Supply Supply Bulk Bulk Bulk Supply Supply Supply Supply Supply Supply Supply Bulk Supply Supply H025 H028 H034 011 P0009 P0010 H029 H024 H026 H023 H030 H027 H031 012 H032 H033

Pipavav
Jun 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012

Sadra Shipyard
Tanker Tanker Tanker Tanker

Bandar Abbas
Sep 2012 Dec 2012 Mar 2013 May 2013

Italy
Cant. Trapani
Ch&O* 492T 18,000 Augusta Due S.r.l. On Order:- 1 Vessel(s); 18,000 DWT. 1,400 6223 6224 6231 10,944 GT Cie. du Ponant 132,500 GT Costa Crociere 139,000 GT Princess Cruises Inc 139,000 GT Princess Cruises Inc 141,000 GT P&O Cruises Ltd. On Order:- 5 Vessel(s); 1,400 DWT.

Trapani
Jun 2012

Fincantieri
Cruise Cruise Cruise Cruise Cruise

Ancona
Jun 2013 Oct 2014 Jun 2013 Apr 2014 Mar 2015

Ramsar Shipyard
Products 310

Bhavnagar
Jan 2012

Rodriquez
Pass/Car F. 329 1,000 4,000 GT Unknown On Order:- 1 Vessel(s); 1,000 DWT. 2,800 3,300 3,300 3,000 3,000 4,200 3,500 GT 2,300 GT 2,300 GT 2,200 GT 2,200 GT 3,582 GT Augusta Offshore Fratelli D'Amato Fratelli D'Amato Gulf Offshore NS Gulf Offshore NS Augusta Offshore

Messina
2012

Tebma Shipyards Ltd


MSV MSV Geo. Survey Seis. Survey Geo. Survey 119 155 127 156

Chennai
Jun 2012 Nov 2012 Jan 2013 Jan 2013 Oct 2013

Rosetti Marino
AHTS PSV PSV PSV PSV AHTS 107 108 109 110 111

Ravenna
Jul 2012 Mar 2013 Jun 2013 Oct 2013 Mar 2014 Jun 2014

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 23

1st July 2012

Italy
Type Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Type Bulk Hull No. Dwt. *Other Units Owner Delivery Jan 2013 On Order:- 6 Vessel(s); 19,600 DWT.

Visentini
Pass/Car F. 225 7,500 26,500 GT Levantina Trasporti On Order:- 1 Vessel(s); 7,500 DWT. Unknown On Order:- 1 Vessel(s); DWT.

Donada
Jul 2012

55,747 Unknown On Order:- 21 Vessel(s); 2,559,808 DWT. 38,225 38,225 38,225 38,225 28,383 28,383 61,470 61,000 38,225 28,383 38,225 61,000 51,000 38,225 28,383 28,383 28,050 38,225 38,225 28,383 28,383 38,225 37,300 28,450 27,000 28,383 38,225 61,000 37,000 28,383 61,000 61,000 37,000 37,800 37,000 95,712 95,671 95,671 95,712 95,712 95,712 95,671 95,712 95,712 95,712 95,712 95,712 19,000 19,000 61,000 61,000 19,000 95,712 95,712 19,000 95,712 95,000 95,000 95,712 95,000 95,712 19,000 95,000 95,000 19,000 19,000 95,000 75,000 75,000 80,000 80,000 95,000 180,000 180,000 180,000 180,000 180,000 180,000 180,200 207,000 Unknown Unknown Unknown Unknown Unknown Unknown U-Sea Bulk Shipping Taiwan Navigation Unknown Pacific Basin Shpg. Wisdom Marine Lines Ikaros Shpg & Broker Unknown Unknown Unknown Unknown ID Shipping Pacific Carriers Pacific Carriers Unknown Pacific Carriers Unknown Unknown Unknown Unknown Pacific Carriers Wisdom Marine Lines Unknown Unknown Unknown Taiwan Navigation Unknown Unknown Wisdom Marine Lines Unknown Mitsui O.S.K. Lines Unknown Unknown Unknown Mitsui O.S.K. Lines Unknown Nippon Yusen Kaisha Unknown Unknown Unknown Unknown Unknown Unknown Unknown Daiichi Chuo Daiichi Chuo Unknown Unknown Unknown Unknown Unknown Unknown Unknown Unknown Unknown Unknown Unknown Nippon Yusen Kaisha Nippon Yusen Kaisha Zodiac Maritime Agy. Zodiac Maritime Agy. Pacific Carriers Safe Bulkers Inc. Safe Bulkers Inc. Unknown Unknown Nippon Yusen Kaisha Unknown K-Line Unknown Unknown Unknown Unknown Daiichi Chuo Unknown

Imabari S.B.
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk PCC PCC Bulk Bulk PCC Bulk Bulk PCC Bulk Bulk Bulk Bulk Bulk Bulk PCC Bulk Bulk PCC PCC Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Imabari
2012 2012 2012 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Sep 2012 Sep 2012 Oct 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Feb 2013 Mar 2013 Mar 2013 Mar 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Nov 2013 Mar 2014 Jul 2014 Jul 2014 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 Jan 2013 Feb 2013 Feb 2013 Mar 2013 Apr 2013 Apr 2013 May 2013 Jun 2013 Jun 2013 Aug 2013 Sep 2013 2014 2014 2014 2014 Jan 2014 Mar 2014 May 2014 Sep 2014 Dec 2014 2015 Jul 2012 Jul 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 2013 Jan 2013

Vittoria
TSH Dredger 840

Adria
Jan 2012

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Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Japan
Asakawa S.B.
L.P.G. L.P.G. L.P.G. L.P.G. L.P.G. 576 8,680 11,023 cbm Komaya Shipping Co. 8,680 11,023 cbm Komaya Shipping Co. 8,680 11,023 cbm Komaya Shipping Co. 8,680 11,023 cbm Komaya Shipping Co. 8,680 11,023 cbm Komaya Shipping Co. On Order:- 5 Vessel(s); 43,400 DWT. 5,450 MSK Co. Ltd. 5,450 Unknown Japanese 19,900 MISC 20,000 K-Line 25,000 Berlian Laju Tanker 25,000 Berlian Laju Tanker 19,900 Unknown 33,680 NS United K.K. On Order:- 8 Vessel(s); 154,380 DWT. 32,000 Unknown Japanese 32,000 Unknown Japanese 31,900 Shih Wei Navigation 32,000 Unknown Japanese 31,900 Daiichi Chuo 31,570 Sanko S.S. 31,948 Chowgule S.S. Ltd. 32,000 NYK Global Bulk. 32,000 Daiichi Chuo 32,000 NYK Global Bulk. 31,570 Sanko S.S. 31,948 Chowgule S.S. Ltd. 31,719 Lauritzen Bulkers 31,885 Blumenthal, Johann 32,000 Daiichi Chuo 32,000 NYK Global Bulk. 32,000 NYK Global Bulk. 31,950 Blumenthal, Johann 32,000 Daiichi Chuo 32,000 Daiichi Chuo 31,948 Chowgule S.S. Ltd. 32,000 Daiichi Chuo On Order:- 22 Vessel(s); 702,338 DWT. 14,260 Unknown 12,000 Unknown 12,000 Unknown 14,260 Unknown On Order:- 4 Vessel(s); 52,520 DWT. 12,000 Unknown 16,600 Unknown 16,600 Unknown On Order:- 3 Vessel(s); 45,200 DWT. Pacific Carriers Unknown 8,600 TEU K-Line 8,600 TEU K-Line JX Tanker Co., Ltd. 8,614 TEU K-Line Unknown SK Shipping Co. Ltd. Unknown JX Tanker Co., Ltd. Unknown Unknown Daiichi Chuo Unknown Daiichi Chuo Daiichi Chuo JX Tanker Co., Ltd. JX Shpg. Co., Ltd. Unknown DST Shipping Inc.

Imabari
Aug 2012 Nov 2012 Feb 2013 May 2013 Nov 2013

Fukuoka S.B.
Products Products Ch&O* GCargo Ch&O* Ch&O* Ch&O* Bulk 1296 1297 2050 2055 2035 2036 2056 2053

Fukuoka
May 2012 Jun 2012 Jun 2012 Nov 2012 Dec 2012 Dec 2012 Mar 2013 Aug 2013

729 770 716 745 818 786 775 808 796 804 746 768 747 776 778 771 777 780 819 755 787 781 835 803 788 810 832 806 829 823 1581 1596 1563 1578 1584 1585 1586 1587 1588 1589 1629 1534 1602

Hakodate Dock
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Hakodate
Mar 2012 Jun 2012 Jul 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Jan 2013 Mar 2013 Mar 2013 May 2013 Aug 2013 Oct 2013 Nov 2013 Jan 2014 Jan 2014 Jan 2014 Mar 2014 May 2014 Aug 2014 Oct 2014 Jan 2015

847 849 853 855 859 856 857 858 860 854 861 862 864 866 840 863 865 870 867

Higaki Zosen
GCargo GCargo GCargo GCargo 671 670 666 672

Imabari
Jul 2012 Aug 2012 Oct 2012 Jul 2013

1536 1590 1540 1592 1597 1630 1605

Honda Zosen K.K


GCargo GCargo GCargo 1076 1077

Saiki
Jun 2012 Dec 2012 Mar 2013

I.H.I.
Bulk Bulk Container Container Tanker Container Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Bulk Bulk Tanker Tanker Bulk Bulk 3331 56,000 3330 56,000 3288 99,000 3289 99,000 3335 120,000 3290 99,214 180,000 3306 180,000 3333 56,000 3332 120,000 3307 180,000 3339 55,800 3336 97,000 3308 180,000 3337 97,000 3338 97,000 3347 310,000 3348 310,000 55,747 56,300

Chita
Jul 2012 Aug 2012 Jul 2012 Oct 2012 Dec 2012 Dec 2012 2013 Feb 2013 Feb 2013 Mar 2013 Apr 2013 Apr 2013 Jun 2013 Jul 2013 Nov 2013 Jan 2014 Apr 2014 Jul 2014 Jul 2012 Dec 2012

1639

8114 8138 8118 8122 8121 8128 8123

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 24

1st July 2012

Orderbook by Shipyard
Type Bulk Bulk Bulk Bulk Ore Ore Ore Bulk Bulk Bulk Ore Bulk Ore Hull No. 8127 8129 8125 8130 Dwt. *Other Units Owner Delivery Feb 2013 Mar 2013 May 2013 Aug 2013 2014 2014 2014 2014 2014 2014 Jan 2014 Mar 2014 Apr 2014 Type Bulk Bulk Bulk Bulk Bulk Hull No. 1650 1651 1704 1701 1703 Dwt. *Other Units Owner 180,000 Unknown 180,000 Unknown 207,000 Pacific Carriers 180,000 Unknown 335,000 Mitsui O.S.K. Lines 320,000 Mitsui O.S.K. Lines 320,000 Mitsui O.S.K. Lines 8131 180,200 Unknown 8132 180,200 Unknown 8133 180,200 Unknown 335,000 Mitsui O.S.K. Lines 206,000 K-Line 335,000 NS United K.K. On Order:- 93 Vessel(s); 8,825,773 DWT. 080 081 054 050 045 046 052 064 047 055 061 051 065 066 056 28,000 Unknown 28,000 Unknown 28,050 Unknown 28,050 Unknown 28,000 Unknown 28,050 Wisdom Marine Lines 28,050 Unknown 28,050 Unknown 28,050 Wisdom Marine Lines 28,050 Unknown 28,000 Unknown 28,050 Unknown 28,050 Unknown 28,050 Unknown 28,050 Wisdom Marine Lines On Order:- 15 Vessel(s); 420,550 DWT. 61,438 Unknown 61,438 Unknown 61,358 Unknown 61,000 Unknown 61,000 Unknown 61,000 Unknown 61,000 Unknown 61,000 Unknown 61,439 Unknown 61,358 Unknown 61,000 Unknown 61,000 Empros Lines Shpg. On Order:- 12 Vessel(s); 734,031 DWT. 12,100 Unknown 24,000 Sider Navi S.p.A. On Order:- 2 Vessel(s); 36,100 DWT. 33,000 Unknown 33,000 Unknown Japanese 33,000 Unknown Japanese 33,000 Unknown Japanese 33,000 Unknown Japanese 33,000 Unknown 33,000 Unknown 33,000 Unknown 1,500 5,300 GT Sado Kisen On Order:- 9 Vessel(s); 265,500 DWT. 58,912 Mitsui & Co. Ltd. 58,912 Marubeni Corp. 57,990 Unknown 57,990 Unknown 57,990 Unknown On Order:- 6 Vessel(s); 349,784 DWT. 13,000 Unknown 13,400 Wisdom Marine Lines 13,400 Wisdom Marine Lines On Order:- 3 Vessel(s); 39,800 DWT. 3,260 GT Sanko S.S. 3,240 GT Go Offshore 2,000 GT TeraSea 2,000 GT TeraSea 2,700 2,000 GT TeraSea 2,700 2,000 GT TeraSea 5,000 3,872 GT Swire Pacific 5,000 3,872 GT Swire Pacific 5,000 3,872 GT Swire Pacific 3,700 2,865 GT Swire Pacific 3,700 2,865 GT Swire Pacific 5,000 3,872 GT Swire Pacific 3,700 2,865 GT Swire Pacific 3,700 2,865 GT Swire Pacific 3,700 2,865 GT Swire Pacific 3,700 2,865 GT Swire Pacific On Order:- 16 Vessel(s); 53,635 DWT. 25,000 Unknown Japanese 25,000 Bryggen Shipping 19,800 Zodiac Maritime Agy. 25,000 Bryggen Shipping 25,000 Nisshin Kisen 28,200 Wisdom Marine Lines 19,800 Zodiac Maritime Agy. 28,000 Unison Marine 19,800 Zodiac Maritime Agy. 28,000 Unison Marine 33,641 K-Line 19,800 Zodiac Maritime Agy. 33,641 K-Line 19,800 Zodiac Maritime Agy. 19,800 Zodiac Maritime Agy. 19,800 Zodiac Maritime Agy. 19,800 Zodiac Maritime Agy. 19,800 Zodiac Maritime Agy. 19,800 Zodiac Maritime Agy. On Order:- 19 Vessel(s); 449,482 DWT. 180,200 Unknown 180,200 Unknown 180,000 Unknown 72,912 6,350 TEU Nissen Kaiun K.K. 72,912 6,350 TEU Shoei Kisen K.K. 180,200 K-Line Bulk Shpg. 95,000 Pacific Carriers 95,000 Unknown 180,200 Mitsui O.S.K. Lines 95,000 Unknown 180,000 Unknown 180,000 Unknown 180,000 Unknown 95,000 Unknown 180,200 Mitsui O.S.K. Lines 95,000 Pacific Carriers 180,000 Mitsui O.S.K. Lines 180,000 Pacific Carriers 95,000 Unknown 72,900 6,350 TEU Unknown 180,200 Unknown On Order:- 21 Vessel(s); 2,949,924 DWT. 2,300 Itochu Corp. 24,000 Unknown 1,900 Uyeno Transtech 31,000 Unknown On Order:- 4 Vessel(s); 59,200 DWT. 6,600 12,000 Cobelfret N.V. SITC 3,200 2,835

Japan
Delivery Sep 2012 Nov 2012 Jan 2013 Feb 2013 Apr 2013

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Kegoya Dock
GCargo GCargo GCargo 1136 1139 1142

Kure
Jun 2012 Sep 2012 Jan 2013

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Keihin Shipyard
AHTS AHTS AHT AHT AHT AHT PSV PSV PSV PSV PSV PSV PSV PSV PSV PSV 0062 0061 0074 0075

Yokohama
Aug 2012 Aug 2012 Mar 2013 Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Sep 2014 Nov 2014 Dec 2014 Jan 2015 Mar 2015 May 2015 Jul 2015

I-S Shipyard
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Tadotsu
Jun 2012 Jun 2012 Jul 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Jan 2013 Jan 2013 Mar 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013

Kitanihon Zosen
Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Bulk Ch&O* Bulk Ch&O* Bulk Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* 530 538 527 552 556 558 560 561 532 531 535 533 537 536 562 565 573

Hachinohe
Feb 2012 Jun 2012 Jun 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Nov 2012 Nov 2012 Feb 2013 Mar 2013 May 2013 Jun 2013 Aug 2013 Nov 2013 Feb 2014 May 2014 Aug 2014

Iwagi Zosen
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 301 305 318 304 350 306 308 321 332 323 322 337

Iwagi
Jul 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Jan 2013 Mar 2013 Apr 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013

Kanasashi H.I.
GCargo OH* 8126 1072

Shikoku
2012 Jun 2012

Kanda S.B. Co.


OH* OH* OH* OH* OH* OH* OH* OH* Pass/Car F. 529 531 532 533 534 535 538 536

Kawajiri
Jun 2012 Sep 2012 Oct 2012 Nov 2012 Feb 2013 Mar 2013 Sep 2013 Mar 2014 Mar 2014

Koyo Dock K.K.


Bulk Bulk Bulk Container Container Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Container Bulk 2318 2358 2360 2386 2387 2338 2500 2501 2327 2502 2326 2333 2367 2505 2330 2506 2328 2335 2503 2310 2380

Mihara
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Feb 2013 Mar 2013 Apr 2013 Apr 2013 Apr 2013 Jul 2013 2014

Kawasaki H.I.
Bulk Bulk L.P.G. Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk L.N.G. L.P.G. 1676 181,000 Mizuho Sangyo Co. 1680 181,000 Daiichi Chuo 1679 52,000 80,000 cbm Sanko S.S. 1691 58,000 Unknown 1707 58,000 Unknown 1692 58,000 Unknown 180,000 Unknown 1693 58,000 Unknown 1695 58,000 Unknown 1708 58,000 Unknown 1694 58,000 Unknown 1696 58,000 Unknown 1700 58,000 Unknown 1697 58,000 Unknown 1699 58,000 Unknown 1681 180,000 K-Line 1665 85,000 177,000 cbm Nippon Yusen Kaisha 50,000 82,000 cbm Kumiai Nav. Pte. Ltd On Order:- 18 Vessel(s); 1,547,000 DWT. 1705 57,990 I.M.S. Maritime

Sakaide
Jul 2012 Jul 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Feb 2013 Apr 2013 Apr 2013 Jun 2013 Jul 2013 Sep 2013 Oct 2013 Jan 2014

Kurinoura Dock
Asp.& Bit. Bulk Products Bulk 425 409 426 422

Yawatahama
Aug 2012 Aug 2012 Sep 2012 Oct 2012

Kyokuyo S.Y. Kobe


Jul 2012 Ro-Ro MPP S503 S505

Shimonoseki
Jun 2012 Sep 2012

Kawasaki S.B.
Bulk

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 25

1st July 2012

Japan
Type MPP Container Hull No. S506 S499 Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Dec 2012 Jan 2013 Type Hull No. Dwt. *Other Units Owner Delivery 12,000 SITC 12,500 900 TEU Kotoku Kaiun On Order:- 4 Vessel(s); 43,100 DWT. 33,000 K-Line 38,000 Masumoto Shpg Co 18,900 Mitsui O.S.K. Lines 74,998 Mitsui O.S.K. Lines 18,900 Mitsui O.S.K. Lines 74,998 Mitsui O.S.K. Lines 57,000 Mitsui O.S.K. Lines 18,900 Mitsui O.S.K. Lines 57,000 Mitsui O.S.K. Lines On Order:- 9 Vessel(s); 391,696 DWT.

Miura Zosensho
GCargo Products Asp.& Bit. Bulk Ro-Ro 1378 1361 1381 1380 1382 1,700 Meiji Shipping Co. 5,600 Naniwa Tanker Co.Ltd 2,200 Showa Rekisei Ind 15,000 K-Line 2,750 Kyodogumi Kaiun On Order:- 5 Vessel(s); 27,250 DWT. 1,200 1,400 cbm Naikai Kisen KK 3,400 Kirishima Kaiun 16,805 Wisdom Marine Lines 25,000 Wisdom Marine Lines 25,000 Wisdom Marine Lines On Order:- 5 Vessel(s); 71,405 DWT. 38,238 Lauritzen Bulkers 38,238 JX Shpg. Co., Ltd. 38,000 Jinhui Shpg. & Trans 37,800 Unknown Panamanian 6,900 K-Line 38,000 Unknown 33,100 2,450 TEU Santoku Senpaku 670 1,600 GT Kyushu Shosen 27,200 JX Shpg. Co., Ltd. 800 1,985 GT Unknown Japanese On Order:- 10 Vessel(s); 258,946 DWT. 225,000 Mitsui O.S.K. Lines 177,000 Nippon Yusen Kaisha 177,000 Unknown 92,000 Unknown 250,877 Nippon Yusen Kaisha 92,125 Rio Tinto Marine 250,000 Rio Tinto Marine 92,125 Rio Tinto Marine 250,000 Korea Line 250,000 Mitsui O.S.K. Lines 250,000 Rio Tinto Marine 92,000 Unknown 250,000 NS United K.K. 250,000 Mitsui O.S.K. Lines 250,000 Mitsui O.S.K. Lines 250,877 Nippon Yusen Kaisha 250,847 K-Line 225,000 Daiichi Chuo 250,000 NS United K.K. 250,000 Rio Tinto Marine 250,877 Nippon Yusen Kaisha 250,000 Mitsui O.S.K. Lines 92,000 Unknown 250,000 Unknown 250,000 Unknown 250,877 Nippon Yusen Kaisha 177,000 Unknown 177,000 Unknown 250,000 Unknown 250,000 Unknown On Order:- 30 Vessel(s); 6,372,605 DWT. 50,000 Nakata Maritime 50,000 Socomar S.R.L. 50,000 Socomar S.R.L. 50,000 Orix Maritime Corp. 37,000 Norden D/S A/S 50,000 Orix Maritime Corp. 50,000 Orix Maritime Corp. 50,000 Orix Maritime Corp. 50,000 Unique Shpg. (H.K.) 37,000 Unknown 37,000 Norden D/S A/S 37,000 Samos Steamship 37,000 Unknown Japanese 37,000 Samos Steamship 81,950 Mitsubishi Corp. 81,950 Mitsubishi Corp. 37,000 Unknown 37,000 Nippon Yusen Kaisha 37,000 Nippon Yusen Kaisha 79,000 Unknown Japanese 50,000 Meiji Shipping Co. 37,000 Nippon Yusen Kaisha On Order:- 22 Vessel(s); 1,062,900 DWT.

Saiki
May 2012 Jun 2012 Jul 2012 Dec 2012 Feb 2013

Minami Nippon
Ch&O* Bulk PCC Products PCC Products Chip PCC Chip 733 728 721 729 723 731 730 732

Usuki
2012 Jul 2012 Jul 2012 Sep 2012 Nov 2012 Mar 2013 Mar 2013 Mar 2013 Jul 2013

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Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Murakami Hide
L.P.G. Products Bulk Bulk Bulk 588 592 584 590 591

Hakata
Aug 2012 Sep 2012 Feb 2013 May 2013 Aug 2013

Mitsubishi H.I.
PCC Pass/Car F. L.P.G. Tanker PCC Tanker L.P.G. PCC Container L.P.G. Container L.N.G. L.N.G. L.N.G. Cruise L.N.G. Cruise Bulk RoPax Bulk Seis. Survey Ro-Ro RoPax Seis. Survey Pass 1296 19,000 Mitsui O.S.K. Lines 2277 6,000 17,000 GT Shin Nihonkai Ferry 2283 51,100 83,000 cbm Idemitsu Tanker Co. 2281 303,000 Mitsui O.S.K. Lines 2284 22,100 Wilh Wilhelmsen 2282 303,000 Mitsui O.S.K. Lines 2286 51,100 83,000 cbm Iino Kaiun Kaisha 2285 22,100 Wilh Wilhelmsen 2293 90,000 8,560 TEU Mitsui O.S.K. Lines 2288 51,000 83,000 cbm JX Shpg. Co., Ltd. 2294 90,000 8,560 TEU Mitsui O.S.K. Lines 2289 71,290 145,400 cbm Nippon Yusen Kaisha 2295 75,000 153,000 cbm Osaka Gas Co. Ltd. 75,000 153,000 cbm Mitsui O.S.K. Lines 2300 12,000 125,000 GT Aida Cruises Ltd. 2296 75,000 153,000 cbm Osaka Gas Co. Ltd. 2301 12,000 125,000 GT Aida Cruises Ltd. 1163 37,300 Shoei Kisen K.K. 1160 10,000 A Line Ferry Co. 1164 37,300 Shoei Kisen K.K. 2292 1,000 GT PGS 1165 6,000 Nippon Express 1167 51 Hagi Kaiun 2291 1,000 GT PGS 2,500 5,700 GT Tokai Kisen On Order:- 25 Vessel(s); 1,421,841 DWT. 1819 110,500 Mitsui Warehouse Co. 1797 56,000 Unknown 1833 56,000 Orient Line Co. Ltd. 1834 56,000 COSCO Bulk Carrier 1825 178,000 Unknown 1847 56,000 Unknown Japanese 1856 56,000 Nissen Kaiun K.K. 1831 56,000 Unknown 1832 56,000 Unknown 1838 73,000 Gearbulk Ltd. 1849 56,000 Unknown 1851 56,000 Unknown 1845 56,000 Sanzo Enterprise Co. 1852 56,000 Unknown 1855 56,000 Unknown 1839 73,000 Gearbulk Ltd. 1853 56,000 Unknown Japanese 1870 56,000 Unknown 1714 300,000 Nippon Yusen Kaisha 1861 56,000 Unknown 1854 56,000 Unknown Japanese 1794 56,000 Mitsui Warehouse Co. 1830 56,000 Mitsui Warehouse Co. 1836 73,000 Unknown 1781 56,000 Unknown 1835 56,000 Unknown 1837 73,000 Unknown 1840 56,000 Pacific Carriers 1841 56,000 Unknown 1829 56,000 Unknown 1842 56,000 Unknown 1846 56,000 Unknown 1843 56,000 Unknown 1844 56,000 Unknown 1858 66,000 Unknown Japanese 1848 56,000 Unknown 1828 56,000 Mitsui Warehouse Co. 1857 56,000 Nissen Kaiun K.K. 66,000 Niovis Shipping Co. 1859 66,000 Unknown Japanese On Order:- 40 Vessel(s); 2,758,500 DWT.

Kobe
Jun 2012 Jun 2012 Aug 2012 Sep 2012 Sep 2012 Jan 2013 Jan 2013 Jan 2013 May 2013 Jun 2013 Sep 2013 May 2014 Sep 2014 Nov 2014 Mar 2015 Apr 2015 Mar 2016 Sep 2012 Sep 2012 Jan 2013 Feb 2013 Mar 2013 Mar 2013 Apr 2013 Jun 2014

Naikai S.B.
OH* OH* Bulk Bulk Ro-Ro Bulk Container Pass/Car F. Bulk Pass/Car F. 748 753 752 756 759 761 735 757 755 758

Innoshima
Jul 2012 Jul 2012 Jul 2012 Sep 2012 Jan 2013 Mar 2013 Apr 2012 Sep 2012 Oct 2012 Apr 2013

Namura Shipbuilding
Ore Bulk Bulk Bulk Ore Bulk Ore Bulk Ore Ore Ore Bulk Ore Ore Ore Ore Ore Ore Ore Ore Ore Ore Bulk Ore Ore Ore Bulk Bulk Ore Ore 329 319 343 346 341 364 358 365 351 352 359 347 342 349 353 344 362 356 350 360 345 354 348 016 018 363 024 025 355 357

Imari
Jul 2012 Sep 2012 Sep 2012 Sep 2012 Nov 2012 Nov 2012 Jan 2013 Jan 2013 Apr 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Nov 2013 Nov 2013 Dec 2013 Jan 2014 Jan 2014 Mar 2014 May 2014 Jun 2014 Aug 2014 Sep 2014 Nov 2014 Dec 2014 Jan 2015 Feb 2015 Mar 2015 Apr 2015 May 2015

Mitsui SB
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk OH* Bulk Bulk Bulk Bulk Bulk OH* Bulk Bulk Tanker Bulk Bulk Bulk Bulk OH* Bulk Bulk OH* Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Chiba
Jul 2012 Jul 2012 Aug 2012 Sep 2012 Nov 2012 Dec 2012 Mar 2013 Apr 2013 Apr 2013 Jun 2013 Jun 2013 Jun 2013 Oct 2013 Oct 2013 Nov 2013 Dec 2013 Mar 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Apr 2013 Jun 2013 Jul 2013 Aug 2013 Dec 2013 Dec 2013 2014 2014 Jan 2014 Jan 2014

Onomichi Dockyd
Ch&O* Ch&O* Ch&O* Products Bulk Products Products Products Ch&O* Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Products Products Bulk 570 573 574 575 590 576 577 578 569 592 591 667 678 579

Onomichi
Jul 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Dec 2012 Apr 2013 May 2013 May 2013 May 2013 Jun 2013 Aug 2013 Sep 2013 Dec 2013 2014 2014 Jun 2014 Jul 2014 Jul 2014 Aug 2014 Aug 2014 Sep 2014

661 593 594 596 571 595

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 26

1st July 2012

Orderbook by Shipyard
Type Hull No. Dwt. *Other Units Owner Delivery Type Bulk Bulk Bulk Bulk Bulk Bulk OH* Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk OH* Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Hull No. Dwt. *Other Units Owner

Japan
Delivery 2014 2014 Jan 2014 Feb 2014 Mar 2014 Mar 2014 Mar 2014 Mar 2014 May 2014 May 2014 May 2014 Jun 2014 Jun 2014 Jun 2014 Jun 2014 Jun 2014 Jun 2014 Jun 2014 Jul 2014 Sep 2014 Oct 2014 Oct 2014 Dec 2014 Dec 2014 Dec 2014 Dec 2014 2015 Jan 2015 Mar 2015 Apr 2015 May 2015 2016

Oshima S.B. Co.


Bulk Bulk OH* Bulk Bulk Bulk OH* Bulk Bulk Bulk Bulk OH* Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Chip Chip OH* OH* Bulk Bulk Bulk Bulk Bulk OH* Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk OH* OH* Bulk OH* OH* Bulk Bulk Bulk Bulk Bulk Chip Bulk OH* Bulk Bulk OH* Bulk Bulk Bulk OH* Bulk OH* Bulk Bulk Chip OH* Bulk Bulk Bulk Bulk Bulk Bulk OH* Chip Bulk Bulk OH* OH* Bulk Bulk 52,000 51,300 61,400 60,500 60,000 54,500 51,300 60,700 61,684 60,000 120,000 61,860 60,400 120,950 120,000 84,500 81,000 76,900 73,000 60,500 60,100 60,100 52,000 51,300 77,000 77,000 77,000 77,000 77,000 75,000 56,000 56,000 56,000 56,000 56,000 56,000 56,000 51,300 35,300 88,800 75,600 105,700 61,684 52,000 73,000 50,100 61,860 61,664 55,850 119,500 88,500 81,000 60,100 60,000 49,900 82,000 56,000 90,100 90,000 90,000 82,000 61,860 60,500 56,000 51,500 81,000 60,100 49,900 119,500 105,700 84,500 82,000 81,000 76,900 61,684 60,100 56,000 55,200 75,000 75,000 56,000 56,000 NYK Global Bulk. Tamai S.S. Co. Ltd. Sumitomo Corp Emarat Maritime LLC U-Sea Bulk Shipping NS United K.K. Nippon Yusen Kaisha Norden D/S A/S U-Sea Bulk Shipping U-Sea Bulk Shipping Nippon Yusen Kaisha Gearbulk Ltd. Jinhui Shpg. & Trans Emarat Maritime LLC Nippon Yusen Kaisha Mitsui O.S.K. Lines Unknown Mitsubishi Ore Tpt. Rio Tinto Marine Emarat Maritime LLC K-Line Nippon Yusen Kaisha Saga Forest Carrs. Nippon Yusen Kaisha Unknown Unknown Unknown Unknown Unknown Gearbulk Ltd. Unknown Unknown Unknown Unknown Hsin Chien Marine Tata NYK Hsin Chien Marine Tamai S.S. Co. Ltd. Fednav Ltd Mitsui O.S.K. Lines Mitsubishi Ore Tpt. Doun Kisen K.K. Gearbulk Ltd. Saga Forest Carrs. Rio Tinto Marine Mitsui O.S.K. Lines Gearbulk Ltd. Nippon Yusen Kaisha Pacific Basin Shpg. Emarat Maritime LLC K-Line Kumiai Senpaku K.K. Nippon Yusen Kaisha U-Sea Bulk Shipping Sanko S.S. Bahri Dry Bulk Unknown NS United K.K. Unknown Unknown Bahri Dry Bulk Gearbulk Ltd. Wisdom Marine Lines Saga Forest Carrs. Nippon Yusen Kaisha Nisshin Kaiun K.K. K-Line Sanko S.S. Emarat Maritime LLC Daiichi Chuo Mitsui O.S.K. Lines Bahri Dry Bulk Nisshin Kaiun K.K. Mitsubishi Ore Tpt. Gearbulk Ltd. Nippon Yusen Kaisha Unknown K-Line Gearbulk Ltd. Gearbulk Ltd. Unknown Unknown

Oshima
2012 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 May 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Nov 2013 Nov 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 2014 2014 2014 2014

10689 10706 10719 10699 10698 10712 10713 10701 10711 10682 10695 10696 10704 10707 10735 10720 10683 10721 10686 10694 10565 10726 10727 10736 10728 10566

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

10629 10544 10668 10585 10624 10578 10576 10669 10700 10630 10577 10593 10640 10684 10687 10692 10690 10579 10626 10634 10631 10625

56,000 Unknown 51,300 Tamai S.S. Co. Ltd. 105,700 K-Line 82,000 Bahri Dry Bulk 105,700 K-Line 95,000 ADM Shipping 75,000 Gearbulk Ltd. 56,000 Unknown 82,000 Bahri Dry Bulk 70,500 Nippon Yusen Kaisha 51,500 Nippon Yusen Kaisha 105,700 Unknown 77,000 Kyoei Tanker Co. 60,400 Wisdom Marine Lines 55,500 Fednav Ltd 55,500 Fednav Ltd 55,000 United Ocean 55,000 Nippon Yusen Kaisha 90,000 Unknown 95,000 ADM Shipping 60,400 Wisdom Marine Lines 55,500 Fednav Ltd 95,000 ADM Shipping 84,500 Mitsui O.S.K. Lines 76,900 Unknown 55,500 Fednav Ltd 82,000 Orion Bulkers 56,000 Unknown 56,000 Unknown 90,000 Unknown 56,000 Unknown 82,000 Orion Bulkers On Order:- 114 Vessel(s); 8,024,996 DWT. 37,000 Sumitomo Corp 33,644 Inui S.S. Co. Ltd. 37,168 Shih Wei Navigation 37,000 Shih Wei Navigation 37,000 Shih Wei Navigation 37,000 Marubeni Corp. 37,000 Unknown 37,000 Mitsui O.S.K. Lines 37,168 Shih Wei Navigation 37,221 Chowgule S.S. Ltd. 37,000 Marubeni Corp. 37,168 Shih Wei Navigation 33,000 Daiichi Chuo 37,000 Sumitomo Corp 37,000 Orient Marine Co. 37,000 Orient Marine Co. 33,644 Inui S.S. Co. Ltd. 37,000 Unknown 37,000 Sumitomo Corp 37,000 Orient Marine Co. 37,000 Sumitomo Corp 37,000 Orient Marine Co. 37,000 Orient Marine Co. 37,000 Unknown Panamanian 33,000 Daiichi Chuo 37,168 Shih Wei Navigation 37,000 Samos Steamship On Order:- 27 Vessel(s); 985,181 DWT. Nissen Kaiun K.K. Yasa Shpg. Industry Ta-Tong Marine Co. Mitsui O.S.K. Lines Orient Line Co. Ltd. Seaarland Shpg.Mgmnt Emirates Trading Mitsui O.S.K. Lines Unknown Doun Kisen K.K. d'Amico Ireland Unknown Unknown Mitsui O.S.K. Lines Unknown D'Amico Soc. di Nav. Mitsui O.S.K. Lines Unknown D'Amico Soc. di Nav. d'Amico Ireland

Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

Saiki Hvy. Ind.


Bulk OH* OH* Bulk Bulk OH* OH* Bulk OH* OH* Bulk OH* Bulk Bulk Bulk Bulk OH* OH* Bulk Bulk Bulk Bulk Bulk Bulk OH* OH* Bulk 1218 572 1220 1230 1231 1222 1223 582 1225 1233 1226 1227 583 584 568 1228 585 679 586 587 674 1217 1221 677

Saiki
Jul 2012 Jul 2012 Sep 2012 Sep 2012 Oct 2012 Dec 2012 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Aug 2013 Sep 2013 Oct 2013 Oct 2013 Nov 2013 Jan 2014

10718 10580 10594 10716 10599 10666 10632 10691 10647 10663 10658 10717 10638 10644 10636 10661 10643 10641 10705 10637 10702 10703 10664 10660 10697 10659 10724 10645 10642 10639 10657 10685 10725 10693 10665 10662 10708 10646

Sanoyas
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Chip Bulk Bulk Bulk Bulk Bulk Chip Bulk Bulk Bulk Bulk Bulk Bulk 1310 116,000 1304 83,000 1309 116,000 116,000 1312 116,000 1307 83,000 1308 83,000 1311 64,500 1328 83,000 1313 116,000 1315 116,000 1330 104,200 1322 83,000 1317 64,000 1325 104,200 116,000 104,200 1331 104,200 116,000 1316 116,000

Mizushima
Jul 2012 Jul 2012 Aug 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Jan 2013 Feb 2013 Mar 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Aug 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 27

1st July 2012

Japan
Type Bulk Chip Bulk Chip Bulk Chip Bulk Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Dec 2013 Dec 2013 2014 Mar 2014 Jun 2014 Jun 2014 Sep 2014 Type Bulk GCargo GCargo Asp.& Bit. Products GCargo GCargo GCargo GCargo GCargo GCargo PCC Ch&O* Products Products PCC Bulk OH* Bulk Bulk Bulk PCC PCC Bulk Ch&O* Bulk PCC Bulk Bulk Bulk Bulk Bulk Chip Bulk Bulk Hull No. 5761 5735 5736 5698 5750 5737 5738 5722 5753 5723 5633 5683 5665 5655 5528 5668 5697 5730 5651 5685 5662 5678 5731 5696 5755 5646 5762 5775 5765 5776 5763 5770 5756 5766 Dwt. *Other Units Owner Delivery May 2013 Jun 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Nov 2012 Nov 2012 Feb 2013 May 2013 Jun 2012 Jul 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Jan 2013 Mar 2013 Mar 2013 Mar 2013 Apr 2013 May 2013 Jun 2013 Jun 2013 Aug 2013 Oct 2013 Dec 2013 Feb 2014 1318 1320 1323 1324 1326 104,200 Mitsui O.S.K. Lines 64,500 Mitsui O.S.K. Lines 83,000 Unknown 64,500 Unknown 83,000 Unknown 64,500 Unknown 104,200 Unknown On Order:- 27 Vessel(s); 2,572,200 DWT. 5,550 Showa Yusosen On Order:- 1 Vessel(s); 5,550 DWT. 776 179,959 SK Shipping Co. Ltd. 806 74,900 Jinyu Shipping 808 74,900 Doun Kisen K.K. 777 180,000 SK Shipping Co. Ltd. 807 74,900 Iino Kaiun Kaisha 180,000 SK Shipping Co. Ltd. 180,000 SK Shipping Co. Ltd. 810 74,900 Wisdom Marine Lines 809 74,900 Unknown 75,000 Unknown 75,000 Unknown 811 74,900 Wisdom Marine Lines 75,000 Unknown On Order:- 13 Vessel(s); 1,394,359 DWT. 1072 1080 1073 1081 34,000 Hakuyo Kisen YK 35,000 Nissen Kaiun K.K. 34,000 Eiko Kisen 35,000 Hsin Chien Marine 36,000 Unknown 35,000 Unknown 35,000 Hsin Chien Marine 29,000 Shih Wei Navigation 36,000 Unknown 36,000 Unknown 36,000 Unknown 36,000 Unknown On Order:- 12 Vessel(s); 417,000 DWT. 28,500 Unknown 38,055 Unknown 38,055 Unknown 38,055 Unknown 38,055 Unknown 38,055 Unknown 38,055 Unknown 38,055 Unknown 37,000 Unknown On Order:- 9 Vessel(s); 331,885 DWT. 61,470 U-Sea Bulk Shipping 61,000 Unknown 61,464 Unknown 61,464 Unknown 61,000 Unknown 61,470 U-Sea Bulk Shipping 61,000 DBHH 61,000 DBHH 61,464 Unknown 61,000 Unknown 61,464 Unknown 61,000 Wisdom Marine Lines 61,470 U-Sea Bulk Shipping On Order:- 13 Vessel(s); 796,266 DWT. 33,100 Unknown 16,000 Unknown 33,100 Unknown 33,100 Unknown 12,000 Unknown 33,100 Unknown 12,000 Unknown 33,100 Unknown 33,100 Unknown On Order:- 9 Vessel(s); 238,600 DWT. 25,000 25,000 5,600 25,200 Unknown Iino Kaiun Kaisha Unknown Japanese Unknown Japanese 25,200 Unknown Japanese 7,550 Dowa Line Co.Ltd. 7,550 Dowa Line Co.Ltd. 7,000 Unknown Japanese 5,600 Unknown Japanese 7,550 Dowa Line Co.Ltd. 7,550 Dowa Line Co.Ltd. 11,000 Daiichi Chuo 6,300 Unknown Japanese 11,000 Daiichi Chuo 12,000 Daiichi Chuo 20,800 Nippon Yusen Kaisha 33,600 Eagle Maritime Co. 46,000 Mitsui Warehouse Co. 45,800 Unknown 14,349 Nippon Yusen Kaisha 58,000 Mitsui Warehouse Co. 33,100 Unknown Japanese 33,100 Daiichi Chuo 58,000 Mitsui Warehouse Co. 58,000 Doun Kisen K.K. 16,400 Nippon Yusen Kaisha 7,200 Unknown Japanese 33,100 Daiichi Chuo 25,700 Tokyo Marine Co. Ltd 33,000 Unknown 17,100 Mitsui O.S.K. Lines 33,000 Unknown 33,100 Unknown 33,100 Unknown 33,100 Unknown 33,000 Unknown 50,000 Hachiuma Steamship 33,100 Unknown 33,100 Unknown On Order:- 39 Vessel(s); 1,003,849 DWT. 3,500 3,500 cbm AST Inc. 3,500 3,500 cbm Unknown 3,500 3,500 cbm Tabuchi Kaiun Kaisha 3,500 3,500 cbm Tabuchi Kaiun Kaisha 12,500 Sansho Kaiun Co.Ltd. 3,500 3,500 cbm Tabuchi Kaiun Kaisha 12,500 Sansho Kaiun Co.Ltd. On Order:- 7 Vessel(s); 42,500 DWT. 104,280 Mitsui Warehouse Co. 156,000 Samos Steamship 104,200 Nord, Reederei, Ltd. 104,200 Nord, Reederei, Ltd. 104,200 Nord, Reederei, Ltd. On Order:- 5 Vessel(s); 572,880 DWT. 17,550 Hakuyo Kisen YK 78,000 Nippon Yusen Kaisha 78,000 Nippon Yusen Kaisha 78,000 KN Maritime 78,000 Marubeni Corp. 78,000 KN Maritime 78,000 Unknown Japanese 78,000 KN Maritime 78,000 Unknown Japanese 78,000 Unknown Japanese 78,000 Unknown On Order:- 11 Vessel(s); 797,550 DWT. 107,000 82,800 82,800 82,800 82,100 82,100 82,000 82,600 82,000 107,000 82,800 82,800 82,800 82,000 82,800 82,600 107,000 Unknown Hanjin Shpg Co. Hanjin Shpg Co. Hsin Chien Marine Mitsui O.S.K. Lines Unknown ID Shipping Mitsui Warehouse Co. United Ocean Unknown Hanjin Shpg Co. Mitsui O.S.K. Lines Mitsui O.S.K. Lines ID Shipping Marubeni Corp. Mitsui & Co. Ltd. Unknown

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Sasaki Zosen
Tanker

Kinoe
May 2012

Sasebo H.I.
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Sasebo
Jul 2012 Jul 2012 Jul 2012 Aug 2012 Oct 2012 Nov 2012 Feb 2013 Feb 2013 Mar 2013 Jul 2013 Jul 2013 Aug 2013 Sep 2013

Shikoku Dock.
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Takamatsu
Jul 2012 Oct 2012 Oct 2012 Nov 2012 Feb 2013 Apr 2013 Aug 2013 Sep 2013 Oct 2013 Dec 2013 Mar 2014 Jun 2014

1085 1088

Shitanoe Zosen
L.P.G. L.P.G. L.P.G. L.P.G. Ch&O* L.P.G. Ch&O* 1312 7052 1308 1310 1302 1311 1303

Usuki
2012 Jun 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Dec 2012

Shimanami S.B.
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 572 573 576 574 588 589 598 601

Hakata
Mar 2012 Jul 2012 Jul 2012 Aug 2012 Mar 2013 Jun 2013 Sep 2013 Sep 2013 2014

Sumitomo H.I.
Tanker Tanker Tanker Tanker Tanker 1372 1375 1376 1366 1377

Oppama
Jul 2012 Sep 2012 Sep 2012 Oct 2012 Jan 2013

Shin Kasado Dock


Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 031 032 037 041 033 043

Kudamatsu
Jul 2012 Jul 2012 Oct 2012 Dec 2012 Dec 2012 2013 2013 2013 Feb 2013 Apr 2013 May 2013 Nov 2013 2014

Toyohashi S.B.
PCC Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk 3652 3655 3656 3657 3658 3661 3663 3662 3666 3667 3660

Toyohashi
Jul 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012 Feb 2013 Mar 2013 Jun 2013 Jul 2013 Sep 2013 Nov 2013

038 067 052 045

Tsuneishi Zosen
Tanker Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Bulk Bulk Tanker

Numakuma
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Dec 2012

Shin Kochi H.I.


Bulk Bulk Bulk Bulk GCargo Bulk GCargo Bulk Bulk 7260 7268 7265 7267 7270 7266 7271 7275 7276

Kochi City
Mar 2012 Jul 2012 Sep 2012 Sep 2012 Nov 2012 Dec 2012 Feb 2013 May 2013 Aug 2013

1467 1466 1471 1462 1478 1527

Shin Kurushima
Ch&O* Ch&O* Products Bulk 5720 5721 5748 5760

Akitsu
Mar 2012 Jun 2012 Jul 2012 Feb 2013

1472 1484 1463 1488 1485

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 28

1st July 2012

Orderbook by Shipyard
Type Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Hull No. Dwt. *Other Units Owner Delivery Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 Jan 2013 Feb 2013 Feb 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 Apr 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Nov 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Jan 2014 Feb 2014 Mar 2014 Mar 2014 May 2014 May 2014 May 2014 Jun 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Type Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Hull No. Dwt. *Other Units Owner 1473 1487 1468 1469 1479 1480 1489 1495 1486 1503 1500 1502 1496 1497 1494 1498 1504 1501 1510 1505 1508 1528 1499 1523 1533 1529 1516 1506 1509 1511 1512 1513 1507 1514 1517 1518 1519 1530 1515 1522 1531 1534 1535 82,800 Hanjin Shpg Co. 82,800 Nippon Yusen Kaisha 82,800 Sumitomo Corp 82,000 ID Shipping 58,000 Daiichi Chuo 82,000 ID Shipping 82,800 Mardeniz Shpg. Mngt. 82,800 Mardeniz Shpg. Mngt. 82,800 Marubeni Corp. 82,100 Unknown 82,600 Mitsui & Co. Ltd. 82,100 Daiichi Chuo 82,800 K-Line 82,800 Marubeni Corp. 82,100 Unknown 82,100 Mitsui O.S.K. Lines 82,800 Mardeniz Shpg. Mngt. 82,100 Unknown 82,100 Daiichi Chuo 82,800 K-Line 82,100 Unknown 82,800 Nippon Yusen Kaisha 82,100 Mitsui & Co. Ltd. 82,000 United Ocean 82,100 Unknown 82,100 Kambara Kisen 82,000 United Ocean 82,000 United Ocean 82,200 Mitsui Warehouse Co. 82,800 Nippon Yusen Kaisha 82,100 Mitsui & Co. Ltd. 82,100 Unknown 82,100 Kambara Kisen 82,100 Kambara Kisen 82,800 Nippon Yusen Kaisha 82,800 K-Line 82,200 Mitsui Warehouse Co. 82,200 Mitsui Warehouse Co. 82,200 Mitsui Warehouse Co. 82,000 United Ocean 82,800 K-Line 82,800 Nippon Yusen Kaisha 82,000 United Ocean 82,000 United Ocean 82,000 United Ocean On Order:- 62 Vessel(s); 5,157,600 DWT. 298,078 297,500 300,000 300,000 300,000 298,078 298,300 300,000 298,300 205,000 205,000 298,078 180,000 318,000 209,000 80,591 4,850 80,655 80,500 4,850 80,500 80,655 80,500 205,000 205,000 180,000 205,000 205,000 205,000 205,000 209,000 205,000 205,000 84,000 205,000 84,000 Formosa Plastics Co. Neu Seeschiffahrt Berge Bulk AS Neu Seeschiffahrt Unknown Formosa Plastics Co. Unknown Mitsui O.S.K. Lines Unknown Unknown Unknown Formosa Plastics Co. China Steel Corp Kyoei Tanker Co. Mitsui O.S.K. Lines Nippon Yusen Kaisha 3,700 GT Sanko S.S. Unknown Unknown 3,700 GT Sanko S.S. Mitsubishi Corp. Unknown Mitsubishi Corp. Korea Line Unknown Unknown Daiichi Chuo Formosa Plastics Co. Unknown Mitsubishi Corp. Mitsubishi Corp. Formosa Plastics Co. Daiichi Chuo Unknown Daiichi Chuo Unknown 182 161 209,000 Nippon Yusen Kaisha 84,000 Unknown 209,000 K-Line 207,000 Unknown 209,000 Nippon Yusen Kaisha 209,000 K-Line 180,000 Mitsubishi Corp. 207,000 Unknown 80,000 Unknown 80,000 Unknown 84,000 Unknown 80,000 Tokei Kaiun Co. 80,000 Nissen Kaiun K.K. On Order:- 49 Vessel(s); 8,918,435 DWT. 180,000 Mitsui O.S.K. Lines 180,000 Mitsui O.S.K. Lines 74,500 Safe Bulkers Inc. On Order:- 3 Vessel(s); 434,500 DWT. 1731 1735 1734 1736 1737 1729 19,900 Sanko S.S. 500 Unknown Japanese 7,000 Howa Kaiun Co. Ltd. 16,000 Shih Wei Navigation 16,000 Shih Wei Navigation 19,900 Dorval Kaiun K.K. On Order:- 6 Vessel(s); 79,300 DWT. 24,000 Cido Shipping 24,000 Cido Shipping 24,000 Sider Navi S.p.A. 24,000 Sider Navi S.p.A. On Order:- 4 Vessel(s); 96,000 DWT.

Japan
Delivery Sep 2013 Sep 2013 Oct 2013 Oct 2013 2014 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Aug 2014 Feb 2015 Apr 2015

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154 162 192 190 183 193 191

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Unkn. Japanese
Bulk Bulk Bulk

Unknown
Jun 2013 Dec 2013 May 2014

Usuki Zosensho
Ch&O* RoPax Ch&O* Bulk Bulk Ch&O*

Usuki
Jun 2012 Jun 2012 Oct 2012 Nov 2012 Jan 2013 Mar 2014

Yamanishi Zosen
OH* Bulk OH* OH* 1081 1067 1069 1070

Ishinomaki
Mar 2012 Aug 2012 Oct 2012 Dec 2012

Lithuania
SC Western Shipyard
GCargo GCargo GCargo GCargo GCargo GCargo GCargo GCargo 45 46 47 48 49 50 51 52 4,600 BLRT-UMM Shipping 4,600 BLRT-UMM Shipping 4,600 BLRT-UMM Shipping 4,600 BLRT-UMM Shipping 4,600 BLRT-UMM Shipping 4,600 BLRT-UMM Shipping 4,600 BLRT-UMM Shipping 4,600 BLRT-UMM Shipping On Order:- 8 Vessel(s); 36,800 DWT. Rohde Nielsen On Order:- 1 Vessel(s); DWT.

Klaipeda
Feb 2012 Apr 2012 Jul 2012 Oct 2012 Jan 2013 Apr 2013 Jul 2013 Oct 2013

Universal S.B.
Tanker Ore Ore Ore Ore Tanker Tanker Ore Tanker Bulk Bulk Tanker Bulk Tanker Bulk Bulk PSV Bulk Bulk PSV Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Ore Bulk 131 148 163 149 157 159 168 174 169 189 187

Ariake
Jul 2012 Jul 2012 Aug 2012 Sep 2012 Dec 2012 Feb 2013 Apr 2013 May 2013 Jun 2013 Aug 2013 Oct 2013 Dec 2013 Dec 2013 Feb 2014 Nov 2014 Jun 2012 Aug 2012 Dec 2012 Dec 2012 Dec 2012 May 2013 Jun 2013 Dec 2013 Jul 2012 Jul 2012 Sep 2012 Nov 2012 Dec 2012 Feb 2013 Apr 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013

Western Baltija S.B.


TSH Dredger 50

Lithuania
Aug 2012

Malaysia
Coastal Contracts
AHTS Utility AHTS AHTS 2,700 GT Swiber Holdings 1,000 GT Coastal Offshore 2,100 2,700 GT Swiber Holdings 1,400 1,500 GT Tidewater Marine On Order:- 4 Vessel(s); 5,600 DWT. G010 1,650 1,706 GT Grade One owner On Order:- 1 Vessel(s); 1,650 DWT. 420 GT Aims-Global 420 GT Aims-Global 420 GT Aims-Global 420 GT Aims-Global On Order:- 4 Vessel(s); DWT. 3,000 2,323 GT Tanjung Offshore 3,000 2,323 GT Tanjung Offshore On Order:- 2 Vessel(s); 6,000 DWT. SK 45 705 702 800 SK 205 706 SK 70 707 703 708 709 1,700 3,600 3,200 3,200 4,000 3,000 3,200 1,400 3,200 3,200 3,200 3,200 1,706 GT 3,939 GT 2,000 GT 2,000 GT 3,097 GT 3,200 GT 2,000 GT 1,500 GT 2,000 GT 2,000 GT 2,000 GT 2,000 GT Nam Cheong Bumi Armada Nav. Nam Cheong Nam Cheong Bumi Armada Nav. Nam Cheong Nam Cheong Nam Cheong Nam Cheong Nam Cheong Nam Cheong Nam Cheong 2,100

Sandakan
Jun 2012 Jun 2012 Sep 2012 Sep 2012

Grade One Marine


AHTS

Lumut
Jun 2012

MSET S.B. Corp.


Crew Boat Crew Boat Crew Boat Crew Boat

Malaysia
Aug 2012 Oct 2012 Dec 2012 Feb 2013

146 10007 155 176 10008 177 156 178 147 172 152 170 150 171 175 186 151 158 180 153 181

Muhibbah Marine
PSV PSV

Port Klang
Jan 2013 May 2013

Nam Cheong Dock


AHTS MSV PSV PSV PSV AHTS PSV AHTS PSV PSV PSV PSV

Miri
Jun 2012 Jul 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012 Jan 2013 Feb 2013 Mar 2013 May 2013 Jul 2013

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 29

1st July 2012

Malaysia
Type PSV MSV MSV MSV MSV Hull No. 704 Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Sep 2013 Jun 2014 Jun 2014 Jun 2014 Jun 2014 Type Hull No. Dwt. *Other Units Owner Delivery Jan 2012 Sep 2012 Oct 2012 Oct 2012 Jun 2013 Mar 2014 3,200 2,000 GT Nam Cheong 4,500 4,924 GT Bumi Armada Nav. 4,500 4,924 GT Bumi Armada Nav. 4,500 4,924 GT Bumi Armada Nav. 4,500 4,924 GT Bumi Armada Nav. On Order:- 17 Vessel(s); 57,300 DWT. 3,500 2,710 GT SLOK Nigeria Ltd 3,500 2,710 GT SLOK Nigeria Ltd 3,500 2,710 GT SLOK Nigeria Ltd On Order:- 3 Vessel(s); 10,500 DWT. 194 170A 193A 499 GT Sealink Internat. 3,500 2,710 GT Sealink Internat. 3,500 2,710 GT Sealink Internat. On Order:- 3 Vessel(s); 7,000 DWT. 50,000 Inai Kiara Inai Kiara On Order:- 2 Vessel(s); 50,000 DWT. 701 GT Shin Yang Shipping 701 GT Shin Yang Shipping 1,000 GT Ocean Mainport 1,000 GT Ocean Mainport 1,000 GT Ocean Mainport 3,400 GT Belait Shipping 3,400 GT Belait Shipping On Order:- 7 Vessel(s); 4,400 DWT. TSH Dredger CO1269 1265 TSH Dredger 1260 TSH Dredger TSH Dredger 1262 CS/BW Dredg TSH Dredger Toyota Tsusho Corp 8,650 DCI 17,535 Yangtze Estuary DCI 2,320 Van Oord DCI On Order:- 7 Vessel(s); 28,505 DWT. Mundra Port & Sez Zhejiang Dredging 9,762 GT Sapura Crest Pet. 9,762 GT Sapura Crest Pet. 11,271 GT Subsea 7. On Order:- 5 Vessel(s); DWT. 801 802 9,500 809 TEU IHDA Shipbuild. 9,500 809 TEU IHDA Shipbuild. On Order:- 2 Vessel(s); 19,000 DWT. 2,362 GT Wetfeet Offshore On Order:- 1 Vessel(s); DWT. 191 800 GT Koerts On Order:- 1 Vessel(s); DWT. 4,200 Schurink, H On Order:- 1 Vessel(s); 4,200 DWT. 499 GT Rederij Groen 499 GT Rederij Groen On Order:- 2 Vessel(s); DWT. 844 845 867 1,445 GT Wagenborg Kazakhstan 867 1,445 GT Wagenborg Kazakhstan On Order:- 2 Vessel(s); 1,734 DWT. 6,550 Unknown 6,550 Unknown 6,550 Unknown 3,750 Unknown 3,750 Unknown 5,200 Unknown 10,000 Canada Feeder Lines 5,200 Unknown 3,750 Unknown 10,000 Canada Feeder Lines 5,200 Unknown 3,636 Unknown 3,636 Unknown 3,636 Unknown 6,550 Unknown 6,550 Unknown 10,000 Canada Feeder Lines 6,550 Unknown On Order:- 18 Vessel(s); 107,058 DWT. 240 GT Geo Plus On Order:- 1 Vessel(s); DWT. 8,250 Erwin Strahlmann 5,455 Hartmann Schiff. 3,481 Nielsen & Bresling 3,481 Flinter Shipping 8,200 Erwin Strahlmann 5,490 Hermann Buss 5,490 Hermann Buss 8,200 Erwin Strahlmann 4,000 AtoB@C Shipping 8,200 Erwin Strahlmann 4,000 AtoB@C Shipping 8,200 Erwin Strahlmann 8,250 Erwin Strahlmann On Order:- 13 Vessel(s); 80,697 DWT. Westminster Dredging On Order:- 1 Vessel(s); DWT. 3,150 Wagenborg Shpg. B.V. 3,150 Wagenborg Shpg. B.V. 3,150 Wagenborg Shpg. B.V. On Order:- 3 Vessel(s); 9,450 DWT.

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NGV Tech
PSV PSV PSV

Sitiawan
Jun 2012 Jun 2012 Jun 2012

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IHC Merwede
CS/BW Dredg CS/BW Dredg Cable Lay Cable Lay Cable Lay

Kinderdijk
Jul 2012 May 2013 Jan 2014 Jan 2014 Mar 2014

Sealink Shipyard
AHTS PSV PSV

Miri
Jun 2012 Dec 2012 Mar 2013

IHDA Shipbuild.
Container Container

Krimpen
2012 2012

Selat Melaka
TSH Dredger TSH Dredger Jan 2012 Jan 2012

Keppel Verolme
Lift Boat

Rotterdam-botlek
Jan 2013

Shin Yang Shipyard


AHT AHT Seis. Support Seis. Support Seis. Support PSV PSV 700 700 1,000 1,000 1,000

Unknown
Jun 2012 Jul 2012 Jun 2013 Jun 2013 Jun 2013 Dec 2013 Dec 2013

Kooiman Scheepswerf
AHT

Unknown
Jul 2012

Maas Shipyard
GCargo 12

Waterhuizen
2012

Maaskant
Seis. Support Seis. Support Apr 2013 Apr 2013

Tuong Aik (Sarawak)


AHTS 2,000 1,705 GT Zakher Marine Oil On Order:- 1 Vessel(s); 2,000 DWT. 2,000 1,981 GT Builders Account On Order:- 1 Vessel(s); 2,000 DWT.

Malaysia
Dec 2013

Vitawani
Maintenance Nov 2012

Niestern Sander
AHTS AHTS

Delfzijl
Jul 2012 Aug 2012

Netherlands
Barkmeijer
MPP 322 8,330 Danser van Gent On Order:- 1 Vessel(s); 8,330 DWT. 3,850 3,850 3,850 7,200 3,850 2,500 3,850 3,850 2,500 7,200 7,200 2,500 7,200 Unknown Unknown Unknown Unknown Unknown Union Transport Plc Unknown Unknown Unknown Unknown Unknown Unknown Unknown 500 GT A Fai Ships 2,100 Unknown Swedish On Order:- 15 Vessel(s); 61,500 DWT.

Peters Kampen Stroobos


Sep 2012 MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP MPP 821 822 823 1019 1020 1105 905 1106 1021 906 1107 1212 1213 1214 824 825 907 826

Kampen
2012 2012 2012 Jan 2012 May 2012 Jun 2012 Sep 2012 Sep 2012 Sep 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 Sep 2013 2014

Damen Shipyards
MPP MPP MPP MPP MPP GCargo MPP MPP GCargo MPP MPP GCargo MPP Fast PassCat Ro-Ro 9413 9415 9410 9438 9408 9380 9414 9416 9431 9439 9444 9432 9445

Bergum
2012 2012 May 2012 Jun 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Oct 2012 Nov 2012 Nov 2012 Apr 2013 Jun 2013 Aug 2012 2013

Scheeps. de Haas Lobith


Survey 194 Jun 2012

Maassluis
Jul 2012

De Hoop Lobith
PSV 5,400 3,300 GT Oceanografia On Order:- 1 Vessel(s); 5,400 DWT. 7,700 Arklow Shipping Ltd. 7,700 Arklow Shipping Ltd. 7,700 Arklow Shipping Ltd. 7,700 Arklow Shipping Ltd. 7,700 Arklow Shipping Ltd. 7,700 Arklow Shipping Ltd. On Order:- 6 Vessel(s); 46,200 DWT. 131 132 3,000 Unknown 3,000 Unknown 3,000 Unknown 2,200 2,700 cbm Chemgas B.V. 2,200 2,700 cbm Chemgas B.V. On Order:- 5 Vessel(s); 13,400 DWT. Marina & Ports ACP On Order:- 2 Vessel(s); DWT. Toyota Tsusho Corp

Schps. Bodewes Westerbroek


2013 2013 2013 2014 2014 2014 MPP MPP MPP MPP MPP MPP MPP MPP GCargo MPP GCargo MPP MPP 762 665 684 685 776 721 722 777 778 779 763

Hoogezand
2012 2012 2012 2012 Jan 2012 Jan 2012 Mar 2012 May 2012 May 2012 Aug 2012 Sep 2012 Dec 2012 2013

Ferus Smit
MPP MPP MPP MPP MPP MPP

Groningen Shipyard
GCargo GCargo GCargo L.P.G. L.P.G.

Groningen
May 2012 Jul 2012 Jul 2012 Apr 2013 Oct 2013

Shipkits
TSH Dredger 320 Jan 2013

IHC Beaver Dredgers


CS/BW Dredg B/D/G Dredger

Sliedrecht
Jul 2012 Dec 2012

Shipyd. Bijlsma
MPP MPP MPP 762 764

Warten/lemmer
2012 2012 2012

IHC Dredgers
B/D/G Dredger CO 1270

Kinderdijk
Jan 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 30

1st July 2012

Orderbook by Shipyard
Type Hull No. Dwt. *Other Units Owner Delivery Type Hull No. Dwt. *Other Units Owner

Netherlands
Delivery

Vosta LMG
CS/BW Dredg CS/BW Dredg CS/BW Dredg CS/BW Dredg BN1134 BN1135 JMI JMI JMI JMI On Order:- 4 Vessel(s); DWT.

Netherlands
Jan 2012 Jan 2012 Jul 2012 Jul 2012

STX Aukra
MSV PSV MSV MSV PSV 780 775 771 776 7,882 GT DOF Management 4,700 3,640 GT DOF Management 7,882 GT DOF Management 8,441 GT DOF Subsea 5,700 4,414 GT Troms Offshore On Order:- 5 Vessel(s); 10,400 DWT. Unknown Unknown 4,000 3,097 GT NorSea 7,882 GT DOF Management Unknown 5,000 8,053 GT Pareto AS 8,000 GT Siem Offshore 8,000 GT Siem Offshore 10,932 GT NOR Offshore On Order:- 9 Vessel(s); 9,000 DWT. 4,750 4,800 3,800 3,800 3,800 3,678 GT Island Offshore Mngt 3,717 GT Island Offshore Mngt 2,943 GT Troms Offshore 2,943 GT Island Offshore Mngt 2,943 GT Island Offshore Mngt 6,697 GT Island Offshore Mngt On Order:- 6 Vessel(s); 20,950 DWT.

Aukra
Jul 2012 Jul 2012 Jan 2013 May 2013 Dec 2013

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Nigeria
West Atlantic SY
AHTS AHTS 27 28 1,450 2,000 GT Bourbon Offshore 1,500 1,279 GT Bourbon Offshore On Order:- 2 Vessel(s); 2,950 DWT.

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Onne
Jun 2012 Jun 2012

STX Brattvaag
Ocean. Tug Ocean. Tug PSV MSV Ocean. Tug AHTS MSV MSV MSV

Brattvaag
Jun 2012 Jun 2012 Jul 2012 Aug 2012 Sep 2012 Jul 2013 Jul 2013 Oct 2013 Apr 2014

Norway
Bergen BMV
Standby/Resc. AHTS Cable Lay 2,150 2,350 GT Sartor Offshore 4,197 4,820 GT Sartor Offshore 3,800 11,000 GT North Sea Shpg. AS On Order:- 3 Vessel(s); 10,147 DWT. 89 87 83 84 88 85 90 86 8,000 9,500 GT Volstad Maritime 4,000 20,000 GT Fjord Line AS 4,500 4,750 GT Boa Offshore 4,500 4,750 GT Boa Offshore 4,000 20,000 GT Fjord Line AS 4,500 4,750 GT Boa Offshore 8,000 9,500 GT Volstad Maritime 4,250 4,750 GT Boa Offshore On Order:- 8 Vessel(s); 41,750 DWT. 2,000 GT Boreal Transport 2,000 GT Boreal Transport 2,000 GT Boreal Transport On Order:- 3 Vessel(s); DWT. 33 34 4,800 3,700 GT DOF Management 4,800 3,700 GT DOF Management On Order:- 2 Vessel(s); 9,600 DWT. 4,900 3,795 GT Norside On Order:- 1 Vessel(s); 4,900 DWT. 6,000 4,200 4,200 4,700 4,090 4,090 4,000 4,000 5,117 GT Smart Shipinvest 3,252 GT Supply Service, P/F 3,300 GT Vestoff 3,640 GT Havila Shipping 3,500 GT Garware Offshore 3,500 GT Garware Offshore 3,097 GT Garware Offshore 3,097 GT Garware Offshore 7,674 GT E Forland On Order:- 9 Vessel(s); 35,280 DWT.

783 778

10102
Sep 2012 Dec 2012 Jun 2014

811

Bergen Group Fosen


MSV Pass/Car F. AHTS AHTS Pass/Car F. AHTS MSV AHTS

Rissa
Jun 2012 Jul 2012 Aug 2012 Oct 2012 Feb 2013 Apr 2013 Oct 2013 Oct 2013

STX Brevik
PSV PSV PSV PSV PSV MSV 766 784 756

Brevik
Sep 2012 Mar 2013 Apr 2013 Sep 2013 Dec 2013 Feb 2014

STX Langsten
PSV PSV AHTS PSV AHTS PSV AHTS AHTS PSV 749 767 786 787 769 4,000 4,500 GT Farstad Shipping 3,500 GT Farstad Shipping 4,000 3,411 GT Farstad Shipping 5,300 4,500 GT Farstad Shipping 4,000 3,411 GT Farstad Shipping 2,500 GT Farstad Shipping 4,000 3,411 GT Farstad Shipping 4,000 3,411 GT Farstad Shipping 5,600 4,337 GT Farstad Shipping On Order:- 9 Vessel(s); 30,900 DWT. 5,000 GT NDLO On Order:- 1 Vessel(s); DWT. 761 762 763 4,700 3,700 GT STX Pan Singapore 4,700 3,700 GT STX Pan Singapore 4,700 3,700 GT STX Pan Singapore On Order:- 3 Vessel(s); 14,100 DWT. 4,200 3,252 GT Ulstein MSN 7,395 GT Eidesvik Offshore 4,230 3,644 GT Ulstein MSN 4,230 3,644 GT Ulstein MSN 4,230 3,644 GT Ulstein MSN 4,230 3,644 GT Ulstein MSN 9,069 GT Rieber Shipping 8,838 GT NorWind On Order:- 8 Vessel(s); 21,120 DWT.

Tomrefjord
Jun 2012 Oct 2012 Apr 2013 Jun 2013 Jun 2013 Jun 2013 Apr 2014 Apr 2014 Jun 2014

Fiskerstrand
Pass/Car F. Pass/Car F. Pass/Car F.

Aalesund
Sep 2013 Oct 2013 Nov 2013

Fitjar M.V.
PSV PSV

Fitjar
Jul 2012 Aug 2012

Fjellstrand A/S
PSV 1687

Omastrand
Dec 2012

STX OSV
Research

Alesund
Oct 2014

Havyard Leirvik
AHTS PSV PSV PSV PSV PSV PSV PSV MSV 109 110 107

Leirvik
Jun 2012 Jul 2012 Oct 2012 Dec 2012 Apr 2013 Jun 2013 Jun 2013 Jul 2013 Aug 2013

STX Soeviknes
PSV PSV PSV

Alesund
Oct 2012 Mar 2013 Sep 2013

Ulstein Verft
PSV MSV PSV PSV PSV PSV MSV Hvy L/Crane 294

Ulsteinvik
Aug 2012 Nov 2012 Jan 2013 Jun 2013 Aug 2013 Oct 2013 Mar 2014 Dec 2014

112

Hellesoy Verft
PSV PSV 149 150 5,549 4,366 GT Vestoff 5,000 3,872 GT Vestoff On Order:- 2 Vessel(s); 10,549 DWT. 3,700 4,000 GT Mokster Shipping On Order:- 1 Vessel(s); 3,700 DWT. 338 347 350 354 7,473 GT Siem Offshore 2,710 GT Eidesvik Offshore 4,800 GT Olympic Shipping 5,034 GT Rem Maritime AS 7,700 GT Olympic Shipping 7,534 GT Rem Maritime AS 4,700 3,640 GT Ugland Supplier 13,500 14,773 GT Eidesvik Offshore On Order:- 8 Vessel(s); 43,750 DWT. 5,000 4,260 GT Ugland Supplier 3,250 1,969 GT Sanco Holding 3,250 1,969 GT Sanco Holding On Order:- 3 Vessel(s); 11,500 DWT. 3,280 2,200 GT Laduch 3,150 2,250 GT Sartor Offshore 3,000 2,323 GT Gulf Offshore NS 5,100 3,949 GT Gulf Offshore NS On Order:- 4 Vessel(s); 14,530 DWT. 4,250 3,500 4,800 6,500 6,500

Lofallstrand
Jul 2012 Dec 2012

Iversen M.V.
MSV

Flekkefjord
May 2014

Philippines
Austal Phils Ltd.
Fast PCCat 201 480 5,000 GT Aremiti Pacific On Order:- 1 Vessel(s); 480 DWT. 175,000 175,000 159,500 205,000 204,950 180,000 180,000 180,000 159,500 205,000 180,000 180,000 205,000 159,500 205,000 180,000 205,000 205,000 51,500 205,000 205,000 Emarat Maritime LLC Emarat Maritime LLC Tanker Pacific Mngt. Bocimar N.V. Rio Tinto Marine Yasa Shpg. Industry Yasa Shpg. Industry Adani Enterprises Tanker Pacific Mngt. Rio Tinto Marine Yasa Shpg. Industry Yasa Shpg. Industry Rio Tinto Marine Tanker Pacific Mngt. Rio Tinto Marine Adani Enterprises Rio Tinto Marine Rio Tinto Marine 3,832 TEU Delphis N.V. Rio Tinto Marine Rio Tinto Marine

Philippines
Oct 2013

Kleven Verft
AHTS PSV MSV PSV MSV MSV PSV MSV

Ulsteinvik
Jun 2012 Oct 2012 Nov 2012 Dec 2012 Apr 2013 Jun 2013 Jan 2014 Jun 2014

HHIC-Phil. Inc.
Bulk Bulk Tanker Bulk Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Tanker Bulk Bulk Bulk Bulk Container Bulk Bulk 038 039 060 PN-051 PN-065 040 041 PN-073 075 PN-066 042 043 PN-067 076 PN-068 PN-074 PN-069 PN-070 PN-077 PN-071 PN-072

Subic Bay
2012 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013

Myklebust Verft
PSV Seis. Survey Seis. Survey 353 355

Gursken
Jun 2012 Jul 2013 Apr 2014

Simek A/S
PSV PSV PSV PSV 126 125 129

Flekkefjord
Jul 2012 May 2013 Aug 2013 Dec 2013

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 31

1st July 2012

Philippines
Type Container Container Container Container Container Container Container Tanker Tanker Container Container Container Container Container Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Mar 2013 May 2013 May 2013 Jun 2013 Jun 2013 Aug 2013 Aug 2013 2014 2014 Jun 2014 Aug 2014 Oct 2014 Dec 2014 Feb 2015 Type PSV Pass/Car F. Pass/Car F. Hull No. Dwt. 3,500 *Other Units Owner Delivery Sep 2013 Sep 2013 Dec 2013 2,710 GT Gulf Offshore NS 5,500 GT DSD Shipping A/S 5,500 GT DSD Shipping A/S On Order:- 16 Vessel(s); 47,651 DWT.

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PN-078 51,500 3,832 TEU Delphis N.V. PN-080 51,500 3,832 TEU Delphis N.V. PN-081 51,500 3,832 TEU Delphis N.V. PN-082 78,700 6,612 TEU Zodiac Maritime Agy. PN-083 78,700 6,612 TEU Zodiac Maritime Agy. PN-084 78,700 6,612 TEU Zodiac Maritime Agy. PN-085 78,700 6,612 TEU Zodiac Maritime Agy. 045 300,000 Emarat Maritime LLC 046 300,000 Emarat Maritime LLC 65,000 5,100 TEU Schulte Group 65,000 5,100 TEU Schulte Group 65,000 5,100 TEU Schulte Group 65,000 5,100 TEU Schulte Group 65,000 5,100 TEU Schulte Group On Order:- 35 Vessel(s); 5,199,250 DWT. 32,602 100,180 GT Saipem S.P.A On Order:- 1 Vessel(s); 32,602 DWT. SC-158 SC-141 SC-142 SC-145 SC-170 SC-162 SC-167 SC-152 SC-165 SC-169 SC-143 SC-163 SC-153 SC-171 SC-159 SC-195 SC-178 SC-180 SC-172 SC-176 SC-196 SC-174 SC-183 SC-173 SC-175 SC-179 SC-197 SC-181 SC-182 SC-184 SC-203 SC-198 SC-204 SC-199 SC-205 SC-208 SC-209 SC-206 180,643 Nissen Kaiun K.K. 58,110 Mardeniz Shpg. Mngt. 58,000 Mardeniz Shpg. Mngt. 58,000 Bocimar N.V. 58,000 Unknown 180,694 Mitsui O.S.K. Lines 180,646 K-Line 58,000 Misuga Kaiun Co. Ltd 180,745 NS United K.K. 58,000 NYK Global Bulk. 58,000 Mardeniz Shpg. Mngt. 180,694 Mitsui O.S.K. Lines 58,000 Unknown Japanese 58,000 Unknown 180,643 Nissen Kaiun K.K. 58,500 Unknown 58,000 Jinhui Shpg. & Trans 180,000 Mitsui O.S.K. Lines 58,000 Unknown 58,000 Kumiai Senpaku K.K. 58,500 Unknown 58,000 Kumiai Senpaku K.K. 180,000 Nippon Yusen Kaisha 58,000 Misuga Kaiun Co. Ltd 58,000 Kumiai Senpaku K.K. 58,000 Daiichi Chuo 82,300 Unknown 58,000 Unknown Japanese 180,000 Mitsui O.S.K. Lines 180,000 Mitsui O.S.K. Lines 180,000 Nippon Yusen Kaisha 82,300 Unknown 82,300 Unknown 82,300 Unknown 82,300 Unknown 82,300 Unknown 82,300 Unknown 82,300 Unknown 58,000 Unknown On Order:- 39 Vessel(s); 3,803,575 DWT.

Stocznia Gdansk
Ethy/LPG 127 9,500 9,000 cbm Unknown On Order:- 1 Vessel(s); 9,500 DWT.

Gdansk
2012

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Portugal
ENVC
Pass/Car F. Pass/Car Cat 258 259 800 6,820 GT Unknown 270 1,540 GT Unknown On Order:- 2 Vessel(s); 1,070 DWT.

Viana Castelo
2012 Jan 2012

Qatar
Ras Laffan
FSO 551015 Qatar Petroleum On Order:- 1 Vessel(s); DWT. Oct 2012

Keppel Cebu Shipyard


Pipe Layer

Cebu
Jan 2013

Tsuneishi Cebu
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Cebu
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Jan 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Apr 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Aug 2013 Oct 2013 Oct 2013 Dec 2013 Dec 2013 Dec 2013 Mar 2014 Apr 2014 May 2014 Jun 2014 Aug 2014 Sep 2014 Oct 2014 Dec 2014

Romania
Daewoo-Mangalia
Bulk Bulk Bulk Container Container Container Container 1056 1057 1058 4091 4092 4093 4094 81,940 Dalnave Nav. 81,930 KC Maritime Ltd. 81,930 KC Maritime Ltd. 113,000 8,600 TEU Zodiac Maritime Agy. 113,000 8,600 TEU Zodiac Maritime Agy. 113,000 8,600 TEU Zodiac Maritime Agy. 113,000 8,600 TEU Zodiac Maritime Agy. On Order:- 7 Vessel(s); 697,800 DWT. Delta-Pilot Mariupol 3,300 2,555 GT WWS 3,300 2,555 GT WWS 3,300 2,555 GT WWS 3,300 2,555 GT WWS 3,300 2,555 GT WWS 3,300 2,555 GT WWS On Order:- 8 Vessel(s); 19,800 DWT. 40,390 Histria Shipmngt. 40,390 Histria Shipmngt. On Order:- 2 Vessel(s); 80,780 DWT. 12,525 Reimerswaal BV On Order:- 1 Vessel(s); 12,525 DWT.

Mangalia
Jul 2012 Aug 2012 Dec 2012 Jun 2013 Sep 2013 Dec 2013 Mar 2014

Damen Galati
TSH Dredger TSH Dredger PSV PSV PSV PSV PSV PSV 1224

Galatz
Jan 2012 Sep 2012 Jun 2013 Aug 2013 Oct 2013 Oct 2013 Dec 2013 Dec 2013

Santierul Naval
Ch&O* Ch&O* 587

Constantza
Aug 2012 Jan 2013

STX Braila
TSH Dredger

Braila
Aug 2012

Russia
Amursky S.B.
Ch&O* Ch&O* 111 112 19,800 Hanseatic Lloyd 19,800 Hanseatic Lloyd On Order:- 2 Vessel(s); 39,600 DWT. 3,500 2,710 GT Dragon Oil On Order:- 1 Vessel(s); 3,500 DWT. 5,400 4,182 GT Gazprom 5,400 4,182 GT Gazprom On Order:- 2 Vessel(s); 10,800 DWT. 19619/7 13,030 Safinat An-Najaat 7,000 Sommet Finance 7,000 Sommet Finance 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 7,100 Turkmen Maritime On Order:- 12 Vessel(s); 89,970 DWT. 6,600 Western Shipping Co. 6,600 Western Shipping Co. On Order:- 2 Vessel(s); 13,200 DWT. 1,215 1,215 7,000 7,000 7,000 Novorossiysk Port Novorossiysk Port North-Western Shpg. North-Western Shpg. North-Western Shpg.

Komsomolsk
May 2012 Jun 2012

Astrakhan
PSV

Astrakhan
Aug 2012

Baltic Shipyd.
PSV PSV

St. Petersburg
Mar 2013 Mar 2013

Poland
Partner Stocznia
MPP MPP MPP MPP MPP MPP 105 6,000 Unknown Dutch 3,500 Hartman Seatrade 6,000 ABIS Shpg. Co. B.V. 3,500 Hartman Seatrade 6,000 ABIS Shpg. Co. B.V. 3,500 Hartman Seatrade On Order:- 6 Vessel(s); 28,500 DWT. 7,751 5,200 4,500 4,500 5,200 Gdansk Sea Lines Emas Offshore Constr ECO ECO Emas Offshore Constr Torghatten Trafikk. Torghatten Trafikk. Torghatten Trafikk. Torghatten Trafikk. ECO Gulf Offshore NS ECO Gulf Offshore NS

Krasnoy Sormovo Szczecin


Jun 2012 Jul 2012 Sep 2012 Oct 2012 Dec 2012 Mar 2013 Products Products Products Products Products Products Products Products Products Products Products Products

Gorkiy
2012 Jan 2012 May 2012 Aug 2012 Oct 2012 Dec 2012 Feb 2013 Apr 2013 Aug 2013 Oct 2013 Dec 2013 2015

006 007

Remontowa
MPP/Hvy. Lift PSV PSV PSV PSV Pass/Car F. Pass/Car F. Pass/Car F. Pass/Car F. PSV PSV PSV PSV B603/5 B851/1 B851/2 4,027 GT 3,485 GT 3,485 GT 4,027 GT 4,200 GT 4,200 GT 4,200 GT 4,200 GT 3,485 GT 3,097 GT 3,485 GT 3,097 GT

Gdansk
2012 Aug 2012 Oct 2012 Oct 2012 Dec 2012 2013 2013 2013 2013 May 2013 Jun 2013 Aug 2013 Sep 2013

03 04 05 06 07 08 09 10

Lotos Shipyard
Products Products

Narimanov
2013 2013

Nevsky S.B.
O. Salv. Tug O. Salv. Tug GCargo GCargo GCargo 702 401 402 403

Schlusselburg
Jun 2012 Jun 2012 Aug 2012 Nov 2012 Feb 2013

B851/3 B851/4

4,500 4,000 4,500 4,000

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 32

1st July 2012

Orderbook by Shipyard
Type GCargo GCargo GCargo GCargo GCargo Hull No. 404 405 406 407 408 Dwt. *Other Units Owner Delivery May 2013 Aug 2013 Nov 2013 Feb 2014 May 2014 Type Hull No. Dwt. *Other Units Owner 7,000 North-Western Shpg. 7,000 North-Western Shpg. 7,000 North-Western Shpg. 7,000 North-Western Shpg. 7,000 North-Western Shpg. On Order:- 10 Vessel(s); 58,430 DWT. 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker 6,980 VF Tanker On Order:- 15 Vessel(s); 104,700 DWT. 45,000 Unknown 200 GT Unknown 45,000 Unknown On Order:- 3 Vessel(s); 90,000 DWT. 3,400 maXXL Shipping 3,400 John T. Essberger On Order:- 2 Vessel(s); 6,800 DWT. 100 GT Sovcomflot JSC 100 GT Sovcomflot JSC 100 GT Sovcomflot JSC 100 GT Sovcomflot JSC On Order:- 4 Vessel(s); DWT. 229 371 372 352 6,970 Palmali Shipping 6,100 Palmali Shipping 6,100 Palmali Shipping 4,500 Builders Account On Order:- 4 Vessel(s); 23,670 DWT. 12,365 Unknown On Order:- 1 Vessel(s); 12,365 DWT.

Russia
Delivery

Pacific Richfield
AHTS AHTS AHTS AHTS 767 702 703 766 2,200 2,200 1,800 3,600 GT Seroja Marine 3,017 GT Seroja Marine 1,535 GT Seroja Marine 2,200 GT Seroja Marine On Order:- 4 Vessel(s); 6,200 DWT. 114 236 GT Miclyn Express Offsh 114 236 GT Miclyn Express Offsh On Order:- 2 Vessel(s); 228 DWT. H98 420 785 GT Fast Offshore On Order:- 1 Vessel(s); 420 DWT. 4,853 GT CMAR ExxonMobil On Order:- 2 Vessel(s); DWT. 4,000 3,411 GT Swire Pacific 4,000 3,411 GT Swire Pacific 4,000 3,411 GT Swire Pacific 4,000 3,411 GT Swire Pacific 4,000 3,411 GT Swire Pacific 4,000 3,411 GT Swire Pacific On Order:- 6 Vessel(s); 24,000 DWT. 345 129 240 GT JCB Oil 95 180 GT Syarikat Borcos Shpg 95 180 GT Syarikat Borcos Shpg On Order:- 3 Vessel(s); 319 DWT.

Singapore
Jun 2012 Jun 2012 Jul 2012 Aug 2012

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Okskaya Shipyard
Products Products Products Products Products Products Products Products Products Products Products Products Products Products Products 2701 2702

Navashino
Aug 2012 Nov 2012 2013 2013 2013 2013 2013 Jan 2013 Apr 2013 2014 2014 2014 2014 2014 2014

Penguin Shipyard
Crew Boat Crew Boat

Singapore
Jul 2012 Jul 2012

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Sam Aluminium
Crew/Fast Sup

Singapore
Jun 2012

2705 2706 2703 2704

Sembawang Shipyard
Oceanograph. FSO

Singapore
Apr 2013 2014

2707 2708 2709 2710

ST Marine
AHTS AHTS AHTS AHTS AHTS AHTS

Jurong
Jun 2013 Dec 2013 Mar 2014 Jun 2014 Jun 2014 Sep 2014

Sevmash SMP
Ch&O* Utility Ch&O* 98087 516001 98088

Severodvinsk
2012 Jun 2012 Jul 2012

Strategic Marine (S)


Crew/Fast Sup Crew Boat Crew Boat

Singapore
Jun 2012 Jul 2012 Jul 2012

Third Internat.
Ch&O* Ch&O* 200-1-36 200-1-35

Astrakhan
2012 Jan 2012

Slovakia
Russia
Jan 2015 Apr 2015 Jul 2015 Oct 2015

Unknown Yard
Seis. Survey Seis. Survey Seis. Survey Seis. Survey

SLKB Komarno
MPP MPP MPP MPP MPP MPP 2115 2118 2122 2123 2124 2125 3,630 Siegfried Bojen 3,630 Siegfried Bojen 3,630 Siegfried Bojen 3,630 Siegfried Bojen 3,630 Siegfried Bojen 3,630 Siegfried Bojen On Order:- 6 Vessel(s); 21,780 DWT.

Komarno
2012 2012 May 2012 Jul 2012 Sep 2012 Nov 2012

Volgograd S.Y.
MPP Products Products Ch&O*

Volgograd
2012 Jan 2012 Apr 2012 Jun 2012

South Korea
21c S.B. Co.
Ch&O* Bulk 277 1017 13,019 Rigel Schiffahrts 33,811 Kirgan Holding On Order:- 2 Vessel(s); 46,830 DWT. 50,000 Navios Acquisition 34,000 Load Line 12,782 1,049 TEU Cosmoship Management 34,000 Unico Logistics 12,500 1,040 TEU SITC 50,000 Navios Acquisition 50,000 Navios Acquisition 12,400 958 TEU Regional Cont. Lines 12,500 1,040 TEU SITC 50,000 Navios Acquisition 34,000 Primebulk 12,400 958 TEU Regional Cont. Lines 35,000 Grecomar S.A. 34,500 Arklow Shipping Ltd. 34,500 Arklow Shipping Ltd. 34,000 Perosea Shipping 34,000 Perosea Shipping 34,000 Perosea Shipping 12,500 1,040 TEU Sinotrans Shpg. Ltd. 12,500 1,040 TEU Sinotrans Shpg. Ltd. 50,000 Navios Acquisition 50,000 Navios Acquisition 50,000 Navios Acquisition 14,000 1,050 TEU Shippingbank Co. 17,500 ISCMT 17,500 ISCMT 34,000 Ionic Holdings Inc 14,000 Arklow Shipping Ltd. 17,500 ISCMT On Order:- 29 Vessel(s); 860,082 DWT.

Tongyoung
May 2012 Jul 2012

Zelenodolsk
Tanker 262

Zelenodolsk
2012

Dae Sun S.B.


Products Bulk Container Bulk Container Products Products Container Container Products Bulk Container Bulk Bulk Bulk Bulk Bulk Bulk Container Container Products Products Products Container MPP MPP Bulk GCargo MPP 495 556 502 506 546 496 497 521 547 498 507 522 554 548 549 523 524 525 550 551 508 509 510 512

Pusan
Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Feb 2013 Mar 2013 Apr 2013 Oct 2013 Dec 2013 2014 2014 Mar 2014

Singapore
ASL Shipyard
AHTS AHTS Standby/Resc. Standby/Resc. PSV PSV 925 924 1,500 2,200 GT ASL Marine 1,500 2,200 GT ASL Marine 300 499 GT Newcruz 300 499 GT Newcruz 3,500 2,710 GT noasa 3,500 2,710 GT noasa On Order:- 6 Vessel(s); 10,600 DWT. 2,200 GT Swire Pacific 1,678 GT Swire Pacific 5,860 GT Hallin Marine 4,300 1,678 GT Swire Pacific 6,488 GT Seaspec Marine Serv. 3,500 2,985 GT Labroy Marine Pte. 3,500 1,678 GT Swire Pacific 44,192 GT Unknown Singapore On Order:- 8 Vessel(s); 19,100 DWT. 3,500 2,985 GT Jaya Offshore Pte 3,500 2,985 GT Jaya Offshore Pte 4,500 5,100 GT Jaya Offshore Pte On Order:- 3 Vessel(s); 11,500 DWT. 1,500 1,279 GT Seaways Intl 6,986 GT SBM Offshore On Order:- 2 Vessel(s); 1,500 DWT. 530 1,929 GT Fugro 531 2,000 GT Fugro On Order:- 2 Vessel(s); 1,061 DWT. 3,500 4,300

Singapore
Jul 2012 Aug 2012 Oct 2012 Dec 2012 Jun 2013 Aug 2013

Drydocks World Sing.


AHTS AHTS MSV AHTS MSV AHTS AHTS Hvy L/Crane 192 194 193 T203 T210 195

Singapore
Jun 2012 Jun 2012 Jul 2012 Sep 2012 Jan 2013 Feb 2013 Jun 2013 Jul 2013

Jaya S.B. & Eng


AHTS AHTS AHTS 12K2 12K3 16K0

Singapore
Jun 2012 Jun 2012 Aug 2012

Keppel FELS
AHTS MSV 351

Singapore
Jun 2012 Aug 2013

544 540

Oakwell Shipbuilding
Geo. Survey Geo. Survey 4060 5030 Jul 2012 Oct 2012

Daehan S.B.
Bulk HN1055 179,905 Hanjin Shpg Co. On Order:- 1 Vessel(s); 179,905 DWT. 5325 320,000 Neda Maritime Agency

Haenam
Jul 2012

Daewoo
Tanker

Okpo
Jul 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 33

1st July 2012

South Korea
Type Bulk Bulk Container Container Ro-Ro/Cnt Container Container Tanker Ore Bulk Container Container Tanker OH* Container Container Container Hvy L/Crane Pipe Layer Bulk Container Container Tanker Tanker Container Container L.N.G. Container Container Container Container Container Container Container Tanker Products OH* Pipe Layer Drillship Tanker Tanker Tanker Tanker OH* Container Products FPSO Drillship Tanker Ch&O* Container Tanker Tanker L.N.G. Ore OH* Drillship Container Drillship Tanker Tanker PSV Drillship Tanker L.N.G. OH* Container Tanker Tanker Ch&O* Container L.N.G. L.N.G. L.N.G. L.N.G. L.N.G. Container Container Container Container Container Container Container Container Hull No. 1196 1209 4225 4235 4467 4161 4226 5385 1213 1216 4193 4227 5357 Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Apr 2013 Apr 2013 Apr 2013 Apr 2013 May 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Nov 2013 Nov 2013 Dec 2013 Dec 2013 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 Type Container Container FSRU/LNG Tanker L.N.G. Container Products Drillship Container Tanker L.N.G. Container Drillship Drillship L.N.G. Tanker Container Cable Lay Cable Lay L.N.G. Container Container FSRU/LNG Container Container L.N.G. Container L.N.G. Container L.N.G. Container Container Container Container FPSO Container Hull No. Dwt. *Other Units Owner Delivery 2014 2014 2014 Feb 2014 Feb 2014 Feb 2014 Mar 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jun 2014 Jun 2014 Jun 2014 Jul 2014 Aug 2014 Aug 2014 Aug 2014 Aug 2014 Sep 2014 Oct 2014 Dec 2014 Jan 2015 Feb 2015 Apr 2015 Jun 2015 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Dec 2015 Feb 2016 Apr 2016 Apr 2016 Jun 2016 179,700 82,000 93,907 93,404 45,200 165,000 93,907 120,600 402,303 82,000 120,000 93,907 158,000 55,000 4162 165,000 4238 120,000 4228 93,907 50,000 82,000 120,000 93,907 158,000 157,500 165,000 120,000 86,000 115,000 115,000 115,000 115,000 115,000 115,000 115,000 320,000 118,105 55,000 84,000 8,500 TEU 7,090 TEU 16,000 TEU 8,500 TEU Anangel Shpg. Ent. Liberty Maritime Maersk Line Hamburg-Sud. Ignazio Messina CMA-CGM Maersk Line Sovcomflot JSC Vale Liberty Maritime APL Limited Maersk Line Almi Tankers S.A. Saga Shipholding CMA-CGM APL Limited Maersk Line Heerema Marine Heerema Marine Liberty Maritime APL Limited Maersk Line Almi Tankers S.A. Sonangol CMA-CGM APL Limited Awilco AS Neptune Orient Lines Neptune Orient Lines Neptune Orient Lines Neptune Orient Lines Neptune Orient Lines Neptune Orient Lines Neptune Orient Lines AET Tanker Sovcomflot JSC Saga Shipholding Allseas Marine Cont Odebrecht SA Almi Tankers S.A. Sonangol AET Tanker Almi Tankers S.A. Saga Shipholding Maersk Line Sovcomflot JSC Total E&P Angola Vantage Drilling Almi Tankers S.A. Odfjell ASA Maersk Line AET Tanker Almi Tankers S.A. Maran Gas Maritime Vale Saga Shipholding TMT Co. Ltd. Maersk Line Odebrecht SA Almi Tankers S.A. Almi Tankers S.A. Swire Pacific Atwood Oceanics Pac. AET Tanker Maran Gas Maritime Saga Shipholding Maersk Line Kuwait Oil Tanker Almi Tankers S.A. Nat. Chem. Carriers Maersk Line Stena Bulk AB Stena Bulk AB Awilco AS Cardiff Marine Inc. Cardiff Marine Inc. Hyundai M.M. Hyundai M.M. Hyundai M.M. Hyundai M.M. Hyundai M.M. Neptune Orient Lines Neptune Orient Lines Neptune Orient Lines 4248 115,000 4249 115,000 5390 2296 4255 9,200 TEU Neptune Orient Lines 9,200 TEU Neptune Orient Lines Excelerate Energy 317,000 Kuwait Oil Tanker 86,000 159,800 cbm Maran Gas Maritime 165,000 18,000 TEU Maersk Line 110,000 Kuwait Oil Tanker Transocean 165,000 18,000 TEU Maersk Line 317,000 Kuwait Oil Tanker 85,000 159,800 cbm Maran Gas Maritime 165,000 18,000 TEU Maersk Line Atwood Oceanics Pac. Transocean 89,000 160,000 cbm Almi Gas S.A. 317,000 Kuwait Oil Tanker 165,000 18,000 TEU Maersk Line 11,935 GT Odebrecht SA 8,222 GT Odebrecht SA 89,000 160,000 cbm Almi Gas S.A. 165,000 18,000 TEU Maersk Line 165,000 18,000 TEU Maersk Line 300,000 Petronas Carigali 165,000 18,000 TEU Maersk Line 165,000 18,000 TEU Maersk Line 85,000 159,800 cbm Maran Gas Maritime 165,000 18,000 TEU Maersk Line 86,000 159,800 cbm Maran Gas Maritime 165,000 18,000 TEU Maersk Line 86,000 159,800 cbm Maran Gas Maritime 165,000 18,000 TEU Maersk Line 165,000 18,000 TEU Maersk Line 165,000 18,000 TEU Maersk Line 165,000 18,000 TEU Maersk Line 300,000 Inpex Browse 165,000 18,000 TEU Maersk Line On Order:- 121 Vessel(s); 16,273,755 DWT. 319,000 319,000 62,335 319,000 62,335 319,000 62,335 319,000 319,000 62,335 62,335 319,000 73,000 73,000 61,614 61,614 61,614 61,614 28,837 158,000 112,000 112,000 263,000 263,000 140,500 61,614 319,000 105,000 140,500 141,184 61,614 16,000 158,000 82,000 82,000 140,500 319,000 318,000 318,000 316,373 140,500 158,000 140,500 100,000 157,000 Brightoil Petroleum Brightoil Petroleum Container Carrier Brightoil Petroleum Container Carrier Brightoil Petroleum Container Carrier SK Shipping Co. Ltd. SK Shipping Co. Ltd. Container Carrier Container Carrier SK Shipping Co. Ltd. Livanos Group Livanos Group Maersk Line Maersk Line Maersk Line Maersk Line Wilh Wilhelmsen Diamond S Shpg. Consolidated Marine A.M.P.T.C. TMT Co. Ltd. TMT Co. Ltd. Hapag-Lloyd Cont. Maersk Line SK Shipping Co. Ltd. Diamond S Shpg. Hanjin Shpg Co. E.R. Schiffahrt Maersk Line NOCC Diamond S Shpg. Dynacom Tankers Mngt Dynacom Tankers Mngt Hapag-Lloyd Cont. SK Shipping Co. Ltd. Dynacom Tankers Mngt Dynacom Tankers Mngt Oman Shipping Co. Hanjin Shpg Co. Diamond S Shpg. Hapag-Lloyd Cont. Dockwise N.V. Knutsen NYK

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10,000 TEU 8,500 TEU

4256 5391 2291 4257

16,000 TEU 10,700 TEU 8,500 TEU 44,192 GT 40,000 GT 10,000 TEU 8,500 TEU

2407 5392 4258

1217 4194 4229 5358 5352 4163 4239 2289 4240 4241 4242 4243 4244 4260 4261 5380 5386

2408 4259 4262 4263 4264 2292 4265 2405 4266 2406 4267 4268 4269 4270 4271

16,000 TEU 10,700 TEU 160,000 cbm 9,200 TEU 9,200 TEU 9,200 TEU 9,200 TEU 9,200 TEU 9,200 TEU 9,200 TEU

91,862 GT

Hyundai H.I.
Tanker Tanker Container Tanker Container Tanker Container Tanker Tanker Container Container Tanker Products Products Container Container Container Container PCC Tanker Products Products Ore Ore Container Container Tanker Products Container Container Container PCC Tanker Bulk Bulk Container Tanker Tanker Tanker Tanker Container Tanker Container Hvy Dk Cargo Shuttle 2586 2587 2536 2588 2537 2589 2538 2568 2569 2539 2540 2570

Gunsan
Sep 2012 Nov 2012 Nov 2012 Dec 2012 Jan 2013 Feb 2013 Mar 2013 Apr 2013 May 2013 May 2013 May 2013 Jul 2013 Nov 2013 Feb 2014 2012 2012 2012 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012

5359 5353 5381 5360

158,000 157,500 320,000 158,000 55,000 4250 165,000 5387 118,105

5,023 TEU 5,023 TEU 5,023 TEU

18,000 TEU

80,000 5361 158,000 75,000 4251 165,000 5382 320,000 5365 317,000 2288 85,000 1214 402,303 55,000 58,000 4252 165,000 76,500 5366 317,000 5362 158,000 3,000 5383 320,000 2295 86,000 55,000 4253 165,000 5389 317,000 5363 158,000 75,000 4254 165,000 85,000 85,000 2290 86,000 2297 85,000 2298 85,000 4272 145,000 4273 145,000 4274 145,000 4275 145,000 4276 145,000 4245 115,000 4246 115,000 4247 115,000

5,023 TEU 5,023 TEU

18,000 TEU

159,800 cbm

18,000 TEU

2,323 GT

159,800 cbm 18,000 TEU

18,000 TEU 170,000 cbm 170,000 cbm 160,000 cbm 159,800 cbm 159,800 cbm 13,100 TEU 13,100 TEU 13,100 TEU 13,100 TEU 13,100 TEU 9,200 TEU 9,200 TEU 9,200 TEU

2357 2358 S518 2263 2441 2473 2491 2410 2411 2241 2349 2458 2439 2233 2167 2350 2534 2468 2464 2465 2242 2459 2456 2520 2250 2234 2469 2243 2518

4,496 TEU 4,496 TEU 4,496 TEU 4,496 TEU

13,200 TEU 4,496 TEU

13,100 TEU 13,092 TEU 4,496 TEU

13,200 TEU

13,100 TEU 13,200 TEU 78,705 GT

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 34

1st July 2012

Orderbook by Shipyard
Type Products Bulk Container Tanker L.P.G. Container Container Products L.P.G. L.P.G. Container Container Drillship Container L.P.G. Container Container L.P.G. Container CFPU Drillship Shuttle L.P.G. Container Container Tanker Drillship Shuttle Products L.N.G. Container Container PCC Drillship Shuttle L.N.G. L.P.G. L.P.G. Container L.N.G. L.P.G. PCC Drillship Drillship Container Container Container L.P.G. Container FSRU/LNG Drillship L.N.G. Container FSRU/LNG Container Container Drillship Drillship FSRU/LNG L.N.G. L.N.G. Drillship L.N.G. Drillship Drillship L.N.G. L.N.G. L.N.G. L.N.G. L.N.G. FPSO Hull No. 2493 2380 2235 2478 2489 2244 2236 2492 2490 2496 2245 2238 2505 2237 2501 2246 2521 2515 2522 2503 2531 2516 2497 2523 2479 2546 2532 2598 2556 2498 2524 2506 2557 2576 2581 2499 2580 2517 2504 2559 2500 2525 2526 2527 2549 2507 2558 2528 2548 2529 2530 2512 2560 2550 2584 2565 2508 Dwt. 105,000 180,000 140,500 317,000 52,000 140,500 140,500 112,000 52,000 55,000 140,500 140,500 *Other Units Owner Delivery Dec 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013 Apr 2013 May 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Nov 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 Jan 2014 Jan 2014 Jan 2014 Feb 2014 Feb 2014 Feb 2014 Mar 2014 Apr 2014 Apr 2014 Apr 2014 May 2014 Jun 2014 Jun 2014 Jun 2014 Jun 2014 Aug 2014 Sep 2014 Sep 2014 Oct 2014 Oct 2014 Oct 2014 Nov 2014 Jan 2015 Mar 2015 Mar 2015 May 2015 May 2016 Type Bulk Bulk Bulk Ro-Ro/Cnt Ro-Ro Ro-Ro/Cnt Ro-Ro Products Products Ch&O* Asp.& Bit. Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk PCC Products Products Products Bulk Bulk OH* Bulk PCC Products Bulk Bulk Bulk Bulk Bulk PCC Ch&O* Ch&O* Bulk Bulk Bulk Bulk OH* Bulk Bulk Bulk Ro-Ro/Cnt PCC Products Tanker Products Tanker Tanker Products Tanker Asp.& Bit. Asp.& Bit. L.P.G. Bulk Bulk Bulk Bulk Bulk Bulk Container Container Ro-Ro/Cnt Ro-Ro Ro-Ro Products Ch&O* Products Ch&O* Ch&O* Bulk Ch&O* OH* Container Ch&O* Bulk Bulk Bulk Container Ro-Ro/Cnt Hull No. 6015 6017 6075 8054 8055 2299 2332 2176 2323 6047 6053 6026 6108 6095 6131 2286 6074 8042 2333 2334 2335 6054 6143 6132 8043 2336 6064 6027 6096 6137 2287 8044 2345 Dwt. 36,075 36,075 33,232 23,000 8,500 23,000 8,500 74,606 52,000 51,556 6,255 82,000 59,888 59,888 59,000 37,230 37,000 37,000 36,892 36,839 20,700 52,000 52,000 52,000 59,888 56,000 48,000 37,000 20,700 52,000 81,827 59,000 37,000 37,000 36,892 20,700 52,000 37,690 82,000 81,480 59,888 56,000 48,000 37,000 37,000 37,000 26,000 20,700 52,000 52,000 52,000 52,000 52,000 52,000 52,000 19,000 19,000 26,500 56,000 56,000 35,000 35,000 35,000 35,000 39,000 39,000 26,000 12,600 12,600 52,000 52,000 52,000 37,690 51,551 37,000 37,500 48,000 28,000 46,200 74,120 56,000 37,000 39,000 26,000 *Other Units Owner IRISL IRISL Norden D/S A/S Unknown Grimaldi Group Unknown Grimaldi Group Omega Navigation Scorpio Tankers Dunya Denizcilik Iver Ships B.V. Seoul Marine Finance Cido Shipping Cido Shipping Unknown Western Petroleum D'Amico Soc. di Nav. Daiichi Chuo Interorient Nav. Co. TMT Co. Ltd. Ray Shipping Scorpio Tankers Scorpio Tankers Scorpio Tankers Cido Shipping Aruna Shipping Grieg Shipping A/S Daiichi Chuo Ray Shipping Scorpio Tankers Clemko Shipmngt. Unknown D'Amico Soc. di Nav. Daiichi Chuo Interorient Nav. Co. Ray Shipping Consolidated Marine SOCATRA Seoul Marine Finance Plutofylax Shipping Cido Shipping Aruna Shipping Grieg Shipping A/S Western Petroleum Daiichi Chuo Daiichi Chuo Nat.Shpg.Of S.Arabia Ray Shipping Chios Navigation Unisea Shipping Ltd. Samos Steamship Unisea Shipping Ltd. Unisea Shipping Ltd. Chios Navigation Unisea Shipping Ltd. Gearbulk Ltd. Gearbulk Ltd. KSS Line Ltd. Ray Shipping Ray Shipping Unknown Unknown Unknown Unknown KMTC KMTC Nat.Shpg.Of S.Arabia Maritime Nantaise Maritime Nantaise Ditas-Denizcilik Consolidated Marine Scorpio Tankers SOCATRA Dunya Denizcilik Western Petroleum IRISL Grieg Shipping A/S Nam Sung Shpg. Co. Mitsui O.S.K. Lines Novoship (UK) Ltd. Aruna Shipping Western Petroleum Pacific Int. Lines Nat.Shpg.Of S.Arabia Mitsubishi Corp. Korea Line 13,100 TEU Hanjin Shpg Co. Athenian Tankers 82,000 cbm Petredec S.A.M. 13,200 TEU Hapag-Lloyd Cont. 13,100 TEU Hanjin Shpg Co. A.M.P.T.C. 82,000 cbm Petredec S.A.M. 82,000 cbm SK Shipping Co. Ltd. 13,200 TEU Hapag-Lloyd Cont. 13,100 TEU Hanjin Shpg Co. Noble Corporation 140,500 13,100 TEU Hanjin Shpg Co. 52,000 82,000 cbm Petredec S.A.M. 140,500 13,200 TEU Hapag-Lloyd Cont. 115,000 9,700 TEU Hamburg-Sud. 55,000 82,000 cbm SK Shipping Co. Ltd. 115,000 9,700 TEU Hamburg-Sud. 4,000 Eni Norge 44,500 Diamond Offshore 123,000 Knutsen NYK 52,000 84,000 cbm Skibs. Solvang 140,500 13,200 TEU Hapag-Lloyd Cont. 115,000 9,700 TEU Hamburg-Sud. 317,000 Athenian Tankers Dolphin Drilling Ltd 123,000 Knutsen NYK 106,000 Densa Shipping 79,000 155,000 cbm Dynagas Ltd. 140,500 13,200 TEU Hapag-Lloyd Cont. 115,000 9,700 TEU Hamburg-Sud. 16,000 Eukor Car Carriers Noble Corporation 112,000 Knutsen NYK 79,000 155,000 cbm Dynagas Ltd. 58,000 84,000 cbm Pertamina Direktorat 55,000 82,000 cbm SK Shipping Co. Ltd. 140,500 13,200 TEU Hapag-Lloyd Cont. 79,000 155,000 cbm Dynagas Ltd. 52,000 84,000 cbm Skibs. Solvang 16,000 Eukor Car Carriers 44,500 Diamond Offshore 44,500 Rowan Companies 140,500 13,200 TEU Hapag-Lloyd Cont. 115,000 9,700 TEU Hamburg-Sud. 115,000 9,700 TEU Hamburg-Sud. 58,000 82,000 cbm Pertamina Direktorat 115,000 9,700 TEU Enesel S.A. Hoegh LNG Noble Corporation 85,000 162,000 cbm Dynagas Ltd. 115,000 9,700 TEU Enesel S.A. Hoegh LNG 115,000 9,700 TEU Enesel S.A. 115,000 9,700 TEU Enesel S.A. 44,500 Diamond Offshore 44,500 Rowan Companies Hoegh LNG 85,000 162,000 cbm Oman Shipping Co. 85,000 162,000 cbm Dynagas Ltd. Noble Corporation 84,000 154,800 cbm Brunei Gas Carriers 44,500 Diamond Offshore 44,500 Rowan Companies 85,000 162,000 cbm BW Gas 85,000 162,000 cbm Dynagas Ltd. 85,000 162,000 cbm Tsakos Energy Nav. 85,000 162,000 cbm BW Gas 85,000 162,000 cbm Dynagas Ltd. 155,000 BP On Order:- 116 Vessel(s); 13,524,253 DWT. 56,000 56,000 56,000 56,000 56,000 37,000 37,000 36,781 36,781 36,075 Ray Shipping Ray Shipping IRISL IRISL IRISL Korea Ship Finance Korea Ship Finance Norden D/S A/S Norden D/S A/S IRISL

South Korea
Delivery 2012 2012 Mar 2012 Mar 2012 Apr 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013

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6070 6048 6144 6109 6138 6139 8085 8045

35,000 cbm

2563 2571 2566 2572 2567

4062

2,800 TEU 2,800 TEU

2346 2361 2177 6110 2225

Hyundai Mipo
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk

Ulsan
2012 2012 2012 2012 2012 2012 2012 2012 2012 2012

6012 6014 6016

1,850 TEU

6009 6010 6013

6116 6145 6111 4054 8086

2,800 TEU

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 35

1st July 2012

South Korea
Type Products Container Products Bulk OH* Bulk Bulk Bulk Container Ch&O* Bulk Bulk Container Ro-Ro/Cnt Container PCC Ch&O* Bulk OH* Ch&O* Ch&O* Misc. Bulk Container Ro-Ro/Cnt Ch&O* Products L.P.G. L.P.G. Products Ch&O* OH* PSV Ch&O* Products L.P.G. L.P.G. Ro-Ro/Cnt Ch&O* L.P.G. PSV Products Ch&O* OH* Ch&O* L.P.G. Ro-Ro/Cnt PSV Products Ch&O* OH* Ro-Ro/Cnt PSV Ro-Ro/Cnt L.P.G. Ro-Ro/Cnt Products OH* Ro-Ro/Cnt L.P.G. Ro-Ro/Cnt OH* Hull No. 2362 Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Apr 2013 Apr 2013 May 2013 May 2013 May 2013 May 2013 May 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Nov 2013 Nov 2013 Nov 2013 Nov 2013 Dec 2013 Dec 2013 Dec 2013 Dec 2013 2014 Jan 2014 Jan 2014 Jan 2014 Feb 2014 Feb 2014 Feb 2014 Mar 2014 Apr 2014 Apr 2014 Apr 2014 May 2014 May 2014 May 2014 May 2014 May 2014 Jun 2014 Jul 2014 Jul 2014 Aug 2014 Aug 2014 Aug 2014 Oct 2014 Oct 2014 Nov 2014 Type Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Bulk Container Container Container Container PCC Container Container PCC Container Container Container Container L.N.G. Container Container Container Container Container L.N.G. L.N.G. L.N.G. L.N.G. Container Container Container Container L.N.G. Hull No. Dwt. *Other Units Owner Delivery Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Apr 2013 Apr 2013 May 2013 Jun 2013 Jun 2013 Aug 2013 Aug 2013 Sep 2013 Oct 2013 Dec 2013 2014 2014 2014 2014 2014 Apr 2014 Apr 2014 Aug 2014 Dec 2014 2015 2015 2015 2015 Apr 2015 6117 52,000 Scorpio Tankers 28,000 1,850 TEU Nam Sung Shpg. Co. 52,000 Scorpio Tankers 74,120 Novoship (UK) Ltd. 48,000 Grieg Shipping A/S 37,000 GSD Marin 37,000 GSD Marin 37,000 Western Petroleum 39,000 2,800 TEU Pacific Int. Lines 46,200 Mitsui O.S.K. Lines 74,120 Novoship (UK) Ltd. 36,900 Cosmoship Management 28,000 1,850 TEU Nam Sung Shpg. Co. 26,000 Nat.Shpg.Of S.Arabia 39,000 2,800 TEU Pacific Int. Lines 20,700 Ray Shipping 37,500 IRISL 74,120 Novoship (UK) Ltd. 48,000 Grieg Shipping A/S 46,200 Mitsui O.S.K. Lines 37,500 IRISL 37,700 LS Nikko Copper 39,000 2,800 TEU Pacific Int. Lines 26,000 Nat.Shpg.Of S.Arabia 37,500 IRISL 30,000 Wisby Tankers AB 26,000 35,000 cbm Geogas Maritime SAS 23,000 20,600 cbm Sovcomflot JSC 46,500 Kuwait Oil Tanker 37,500 IRISL 48,000 Grieg Shipping A/S 4,250 4,000 GT BP Shipping 37,500 IRISL 30,000 Wisby Tankers AB 26,000 35,000 cbm Geogas Maritime SAS 23,000 20,600 cbm Sovcomflot JSC 26,000 Nat.Shpg.Of S.Arabia 37,500 IRISL 39,000 38,000 cbm Exmar N.V. 4,250 4,000 GT BP Shipping 46,500 Kuwait Oil Tanker 37,500 IRISL 48,000 Grieg Shipping A/S 37,500 IRISL 39,000 38,000 cbm Exmar N.V. 29,000 Delmas Lines 4,250 4,000 GT BP Shipping 46,500 Kuwait Oil Tanker 37,500 IRISL 48,000 Grieg Shipping A/S 29,000 Delmas Lines 4,250 4,000 GT BP Shipping 29,000 Delmas Lines 39,000 38,000 cbm Exmar N.V. 29,000 Delmas Lines 46,500 Kuwait Oil Tanker 48,000 Grieg Shipping A/S 29,000 Delmas Lines 39,000 38,000 cbm Exmar N.V. 29,000 Delmas Lines 48,000 Grieg Shipping A/S On Order:- 155 Vessel(s); 6,283,959 DWT. 159,000 180,000 84,062 84,062 82,000 112,500 51,440 318,130 263,000 82,000 145,000 70,590 250,000 82,000 82,000 263,000 112,000 62,260 82,000 62,260 Irano-Hind Shpg. Co. Hyundai M.M. TMT Co. Ltd. TMT Co. Ltd. Alpha Tankers & Frt. Schulte Group Dioryx Maritime Corp Samco Shipholding TMT Co. Ltd. Kyla Shipping Co. Danaos Shpg. Peter Dohle Schiff. SK Shipping Co. Ltd. Alpha Tankers & Frt. Kyla Shipping Co. TMT Co. Ltd. Ofer Bros (Ships) Oltmann, D. Alpha Tankers & Frt. Oltmann, D. S596 112,000 8,800 TEU Ofer Bros (Ships) 150,000 14,000 TEU Neptune Orient Lines 150,000 14,000 TEU Neptune Orient Lines 150,000 14,000 TEU Neptune Orient Lines 150,000 14,000 TEU Neptune Orient Lines 150,000 14,000 TEU Neptune Orient Lines 85,000 6,700 TEU Technomar Shpg. Inc. 85,000 6,700 TEU Technomar Shpg. Inc. 85,000 6,700 TEU Technomar Shpg. Inc. 85,000 6,700 TEU Technomar Shpg. Inc. S605 85,000 6,700 TEU Aeolos Management S606 85,000 6,700 TEU Aeolos Management S608 85,000 6,700 TEU Aeolos Management S581 61,740 4,532 TEU HI Investments S582 61,740 4,532 TEU HI Investments S583 61,740 4,532 TEU HI Investments S555 82,000 Alpha Tankers & Frt. S584 62,000 4,500 TEU HI Investments S585 62,000 4,500 TEU HI Investments S586 62,000 4,500 TEU HI Investments S591 62,260 4,700 TEU Oltmann, D. 21,000 Glovis Group S587 62,000 4,500 TEU HI Investments S594 112,500 8,762 TEU Schulte Group 21,000 Glovis Group S595 112,500 8,762 TEU Schulte Group S616 62,000 4,896 TEU Thenamaris (Mgmt.) S597 112,000 8,800 TEU Ofer Bros (Ships) S617 62,000 4,896 TEU Thenamaris (Mgmt.) 86,000 164,000 cbm Maran Gas Maritime 150,000 14,000 TEU Neptune Orient Lines 150,000 14,000 TEU Neptune Orient Lines 150,000 14,000 TEU Neptune Orient Lines 150,000 14,000 TEU Neptune Orient Lines 150,000 14,000 TEU Neptune Orient Lines 86,000 164,000 cbm Maran Gas Maritime 85,000 162,000 cbm Golar LNG 85,000 162,000 cbm Golar LNG 86,000 164,000 cbm Maran Gas Maritime S355 116,440 10,070 TEU Zim Integrated Shpg. S393 116,440 10,070 TEU Zim Integrated Shpg. S394 116,440 10,070 TEU Zim Integrated Shpg. S395 116,440 10,070 TEU Zim Integrated Shpg. 86,000 164,000 cbm Maran Gas Maritime On Order:- 64 Vessel(s); 6,894,544 DWT. 423 446 8,500 Tipco Maritime Co. 8,000 Unknown On Order:- 2 Vessel(s); 16,500 DWT.

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Licensed to Mr. Pasapong Areerak of . Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net/wfr 14/09/2012 05:58:57 3961

6112 4055 6118 6021 8087 4056 2226 6119

2227 4057 8088 2228

2229

2230

2231

2232 2233 8056

Nokbong S.B.
Asp.& Bit. Ch&O*

Tongyoung
2012 2012

2234 8057 8058 8059

Orient Shipyard
Bulk Bulk 1003 33,300 Unknown 1015 179,700 Heungkuk On Order:- 2 Vessel(s); 213,000 DWT. 1227 1228 1229 1236 32,474 Samho Tongyoung 32,474 Samho Tongyoung 32,474 Samho Tongyoung 35,200 Unknown On Order:- 4 Vessel(s); 132,622 DWT. 158,489 158,000 158,000 158,000 115,738 115,738 115,500 115,000 114,700 114,700 94,600 Fratelli D'Amico Stena Bulk AB Diamond S Shpg. AET Tanker Dryships Inc. Dryships Inc. Kyklades Maritime Yasa Shpg. Industry Int. Andromeda Shpg. Int. Andromeda Shpg. 8,073 TEU CSAV 7,643 GT Baggermaat. Boskalis Delba Perforadora AET Tanker Kyklades Maritime Int. Andromeda Shpg. AET Tanker Viken Shipping Delba Perforadora Stena Bulk AB AET Tanker Gulf Energy Maritime Viken Shipping

Busan
Jul 2012 2012

Samho Tongyoung
Bulk Bulk Bulk Bulk

Tongyoung
Mar 2012 Mar 2012 Apr 2012 Jul 2012

8060 8061

Samsung H.I.
Tanker Tanker Tanker Tanker Tanker Tanker Tanker Tanker Products Products Container Cable Lay Drillship Tanker Tanker Products Shuttle Shuttle Drillship Tanker Tanker Products Shuttle 1785 1925 1954 1963 1885 1934 1835 1768 1891 1976

Geoje
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012

Hyundai Samho
Tanker Bulk Bulk Bulk Bulk Container Container Tanker Ore Bulk Container Container Ore Bulk Bulk Ore Container Container Bulk Container S432 S569 S543 S545 S552 S593 S439 S557 S550 S566 S460 S514 S553 S567 S551 S592 S589 S554 S590

Samho
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012

8,762 TEU 4,498 TEU

12,565 TEU 5,595 TEU

1964 1935 1892 1961 1966 1926 1965 1848 1967

158,000 115,500 114,700 105,000 105,000 158,000 158,000 114,700 105,000

8,800 TEU 4,700 TEU 4,700 TEU

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 36

1st July 2012

Orderbook by Shipyard
Type Container Tanker Container Container Tanker Tanker Shuttle Container Shuttle Shuttle Shuttle Shuttle Shuttle L.N.G. L.N.G. L.N.G. L.N.G. Container Container Container Container Container Container Container Container Container Container Container Container Tanker Tanker Products Container Container Shuttle L.N.G. Container Drillship Shuttle Drillship Drillship Container Tanker Tanker L.N.G. Container Container Drillship Drillship Drillship Drillship L.N.G. L.N.G. Container Drillship Tanker Tanker Tanker L.N.G. Container Container Drillship Drillship Drillship Drillship L.N.G. Container Container L.N.G. L.N.G. L.N.G. L.N.G. Container Container Container Container Container Container Container Container Container Container Container Container Hull No. 1980 1955 1981 1972 1936 1836 1968 1982 Dwt. 99,500 158,000 99,500 55,000 158,000 115,000 105,000 99,500 155,000 155,000 155,000 155,000 154,000 84,000 84,000 84,000 84,000 140,000 140,000 140,000 140,000 140,000 140,000 99,500 99,500 99,500 99,500 99,500 55,000 158,000 158,000 114,700 99,500 55,000 105,000 85,000 99,500 *Other Units Owner 8,000 TEU Evergreen Mar. Corp. Diamond S Shpg. 8,000 TEU Evergreen Mar. Corp. 4,700 TEU Hanjin Shpg Co. Stena Bulk AB Yasa Shpg. Industry Viken Shipping 8,000 TEU Evergreen Mar. Corp. Teekay Offshore Teekay Offshore Teekay Offshore Teekay Offshore Chevron 160,000 cbm Golar LNG 160,000 cbm Golar LNG 160,000 cbm Golar LNG 160,000 cbm Golar LNG 13,000 TEU OOCL 13,000 TEU OOCL 13,000 TEU OOCL 13,000 TEU OOCL 13,000 TEU OOCL 13,000 TEU OOCL 8,000 TEU Evergreen Mar. Corp. 8,000 TEU Evergreen Mar. Corp. 8,000 TEU Evergreen Mar. Corp. 8,000 TEU Evergreen Mar. Corp. 8,000 TEU Evergreen Mar. Corp. 4,700 TEU Hanjin Shpg Co. Euronav (UK) Agen. Premuda S.P.A.N. Gulf Energy Maritime 8,000 TEU Evergreen Mar. Corp. 4,700 TEU Hanjin Shpg Co. Viken Shipping 160,000 cbm Chevron Global Tech. 8,000 TEU Evergreen Mar. Corp. Seadrill Viken Shipping Pacific Drilling Seadrill 8,000 TEU Evergreen Mar. Corp. Dryships Inc. Dryships Inc. 160,000 cbm Chevron Global Tech. 12,552 TEU Peter Dohle Schiff. 8,000 TEU Evergreen Mar. Corp. Oceania Shipholding ENSCO Offshore Ocean Rig Seadrill 160,000 cbm Chevron Global Tech. 160,000 cbm Thenamaris (Mgmt.) 8,000 TEU Evergreen Mar. Corp. Pacific Drilling Dryships Inc. Dryships Inc. Premuda S.P.A.N. 155,000 cbm GasLog Ltd. 12,552 TEU Peter Dohle Schiff. 8,000 TEU Evergreen Mar. Corp. Maersk Drilling Ocean Rig Maersk Drilling Ocean Rig 160,000 cbm Chevron Global Tech. 12,552 TEU Peter Dohle Schiff. 8,000 TEU Evergreen Mar. Corp. 160,000 cbm Golar LNG 160,000 cbm Golar LNG 160,000 cbm Golar LNG 160,000 cbm Golar LNG 13,000 TEU OOCL 13,000 TEU OOCL 13,000 TEU OOCL 13,000 TEU OOCL 12,552 TEU Reederei C.-P. Offen 12,552 TEU Reederei C.-P. Offen 12,552 TEU Reederei C.-P. Offen 8,000 TEU Evergreen Mar. Corp. 8,000 TEU Evergreen Mar. Corp. 8,000 TEU Evergreen Mar. Corp. 8,000 TEU Evergreen Mar. Corp. 8,000 TEU Evergreen Mar. Corp. Delivery Oct 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 Apr 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Nov 2013 Nov 2013 Dec 2013 Dec 2013 Dec 2013 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 Type FSRU/LNG L.N.G. L.N.G. FPSO L.N.G. Container L.N.G. Drillship Drillship Drillship Drillship Shuttle L.N.G. L.N.G. Drillship Drillship Shuttle Drillship L.N.G. Drillship Container Container Container Container Container Container Container Container Container L.N.G. L.N.G. L.N.G. L.N.G. FPSO/LNG Hull No. Dwt. *Other Units Owner 2046 1947 2049 1832 Unknown 84,000 160,000 cbm Thenamaris (Mgmt.) 82,000 155,000 cbm GasLog Ltd. 200,000 Teekay Petrojarl 84,000 160,000 cbm Thenamaris (Mgmt.) 142,388 12,552 TEU Peter Dohle Schiff. 82,000 155,000 cbm GasLog Ltd. Seadrill Seadrill 90,000 Maersk Drilling 58,830 Pacific Drilling 160,000 Chevron 84,000 160,000 cbm Golar LNG 82,000 155,000 cbm GasLog Ltd. Seadrill ENSCO Offshore 160,000 Chevron 90,000 Maersk Drilling 82,000 155,000 cbm GasLog Ltd. ENSCO Offshore 143,000 12,600 TEU Zim Integrated Shpg. 143,000 12,600 TEU Zim Integrated Shpg. 143,000 12,600 TEU Zim Integrated Shpg. 143,000 12,600 TEU Zim Integrated Shpg. 143,000 12,600 TEU Zim Integrated Shpg. 143,000 12,600 TEU Zim Integrated Shpg. 143,000 12,600 TEU Zim Integrated Shpg. 143,000 12,600 TEU Zim Integrated Shpg. 143,000 12,600 TEU Zim Integrated Shpg. 82,000 155,000 cbm GasLog Ltd. 84,000 160,000 cbm Golar LNG 82,000 155,000 cbm GasLog Ltd. 82,000 155,000 cbm GasLog Ltd. 220,000 Shell On Order:- 141 Vessel(s); 14,594,811 DWT. 34,000 Carsten Rehder On Order:- 1 Vessel(s); 34,000 DWT. 3,600 4,600 GT Swire Pacific 3,600 4,600 GT Swire Pacific 3,600 4,600 GT Swire Pacific On Order:- 3 Vessel(s); 10,800 DWT. 19,000 Schoeller Holdings On Order:- 1 Vessel(s); 19,000 DWT. 3,500 2,710 GT Unknown On Order:- 1 Vessel(s); 3,500 DWT. 45,565 Nat. Chem. Carriers 45,565 Nat. Chem. Carriers 45,565 Nat. Chem. Carriers 45,565 Nat. Chem. Carriers 45,000 UACC 45,000 UACC 45,000 UACC 45,000 UACC 45,000 UACC 45,000 UACC On Order:- 10 Vessel(s); 452,260 DWT. 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 50,100 35,000 35,000 35,000 IRISL IRISL IRISL IRISL IRISL IRISL IRISL Ciner Denizcilik DD Shipping Ltd. IRISL IRISL IRISL DD Shipping Ltd. DD Shipping Ltd. DD Shipping Ltd. DD Shipping Ltd. Oceangold Tankers Ciner Denizcilik Ciner Denizcilik Ciner Denizcilik

South Korea
Delivery 2014 Jan 2014 Jan 2014 Jan 2014 Feb 2014 Feb 2014 Apr 2014 Apr 2014 Apr 2014 May 2014 May 2014 Jun 2014 Jun 2014 Jul 2014 Jul 2014 Jul 2014 Aug 2014 Aug 2014 Oct 2014 Oct 2014 2015 2015 2015 2015 2015 2015 2015 2015 2015 Jan 2015 Mar 2015 Apr 2015 Jul 2015 2016

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2057

2021 2022 2047 2048

1974 1904 1977 1849 1983 1973 1969 1920 1984

1840 1841 1842 1843 1844 1845 1846 1847 1863

1903

Seko Hvy. Ind.


Bulk 1005

Janghang
2012

1970 105,000 2014 58,830 1985 99,500 1890 158,551 1948 158,551 1921 85,000 1829 142,388 1986 99,500 96,000

Sekwang H.I.
AHTS AHTS AHTS 1191 1192 1190

Ulsan
Jun 2012 Jul 2012 Jan 2013

Sekwang Shipbuilding
MPP/Hvy. Lift 130

Mokpo
Sep 2012

Shinan H.I.
PSV H1011

Mokpo
May 2013

ShinaSB Yard Co.


Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* 538 539 540 541 544 545 546 547 548 549

Tongyoung
Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Jan 2013

1941 2045 1988 2015 1949 1950 1978 1946 1830 1987

85,000 84,000 99,500 58,830 158,551 158,551 158,000 82,000 142,388 99,500 90,000 90,000

SPP Shipbuilding
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Ch&O* Bulk Bulk Bulk H4049 H4051 H4053 H4054 H4055 H4057 H4059 H4069 H8004 H8005 H8006 H8007 H8008 H8009 H8002 H8003 H4091 H4070 H4072 H4073

Goseong
2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 Jul 2012 Jul 2012 Oct 2012 2013 2013 2013

1942 85,000 1831 142,388 1989 99,500 2023 84,000 2024 84,000 2026 84,000 2027 84,000 140,000 140,000 140,000 140,000 1815 142,500 1816 142,500 1817 142,500 99,500 99,500 99,500 99,500 99,500

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 37

1st July 2012

South Korea
Type Products Bulk Bulk Products Bulk Products Bulk Products Products Products Bulk Products Products Products Products Bulk Products Products Products Products Products Products Products Products Container Container Ch&O* Bulk Bulk Bulk Products Ch&O* Ch&O* Bulk Bulk Bulk Bulk Products Ch&O* Ch&O* Products Products Products Products Products Container Container Tanker Ch&O* Products Bulk Ch&O* Ch&O* Products Products Ch&O* Tanker Products Ch&O* Container Container Container Container Bulk Bulk Bulk Bulk Bulk Bulk Ch&O* Bulk Bulk Bulk Bulk Bulk Bulk Bulk Hull No. H4081 H4033 H4041 H4082 H4042 H4083 H4037 H4084 H4095 H4085 H4036 H4086 H4087 H4088 H4089 H4071 H4090 Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Mar 2013 Apr 2013 Apr 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Sep 2013 Oct 2013 Nov 2013 Dec 2013 Dec 2013 Jan 2014 Jan 2014 Mar 2014 Mar 2014 Apr 2014 Jun 2014 Jul 2014 Oct 2014 2012 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Dec 2012 2013 2013 2013 2013 2013 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Apr 2013 Apr 2013 May 2013 Jun 2013 Jul 2013 Jul 2013 Sep 2013 2015 2015 2015 2015 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Sep 2012 Oct 2012 Dec 2012 Dec 2012 2013 Feb 2013 Mar 2013 Apr 2013 2014 Type Bulk Bulk Container Ore Ore Bulk Ore Ore Bulk Bulk OH* Container Products Bulk Bulk Bulk Products Products Products Ch&O* Bulk Bulk Container Ch&O* Bulk Bulk Bulk Bulk OH* Bulk Bulk Products Products Products Products Shuttle Products Bulk Bulk Products Products OH* OH* Tanker Ch&O* Products Products OH* Shuttle Products Products Products Tanker Products Products Products Bulk Bulk Tanker Products Products Bulk Bulk Products Products Products Bulk Bulk Bulk Bulk Products Products Bulk Bulk Bulk Ch&O* Products Bulk Bulk Bulk OH* Bulk Products Bulk Hull No. 1422 1439 3022 1705 1706 1437 1707 1708 4007 1506 1539 3023 1531 1345 1513 4009 1508 1519 1532 1401 2056 4017 3024 1403 3026 2058 1382 1507 1540 Dwt. 81,000 81,000 139,419 400,000 400,000 81,000 400,000 400,000 57,275 57,200 56,480 139,419 50,800 181,000 83,000 57,700 74,500 74,500 50,800 50,400 57,700 57,700 139,419 50,400 181,000 57,700 57,300 57,200 56,480 82,000 82,000 74,500 50,800 49,600 49,600 155,000 74,500 181,000 57,200 50,800 49,600 56,480 56,480 320,000 50,400 50,000 49,600 56,480 155,000 74,500 49,600 49,600 320,000 50,000 49,600 49,600 83,000 57,200 320,000 50,000 49,600 83,000 35,000 74,500 50,000 49,600 181,000 83,000 76,000 35,000 50,000 50,000 83,000 76,000 35,000 51,000 50,000 181,000 83,000 76,000 56,480 35,000 50,000 83,000 *Other Units Owner Emirates Trading Emirates Trading 13,000 TEU Mediterranean Shpg. STX Pan Ocean STX Pan Ocean Dilek Transporting STX Pan Ocean STX Pan Ocean Q-Shipping B.V. SAM S.A. STX Pan Ocean 13,000 TEU Niki Shpg. Co. Inc. Thenamaris (Mgmt.) Anangel Shpg. Ent. Densa Shipping Trojan Maritime Inc Jo Tankers A/S Tanker Pacific Mngt. Thenamaris (Mgmt.) Sekwang Shipping Co. Pitiousa Shipping Trojan Maritime Inc 13,000 TEU Niki Shpg. Co. Inc. Sekwang Shipping Co. Golden Union Pitiousa Shipping Atlantska Plovidba SAM S.A. STX Pan Ocean Efnav Co. Ltd. Efnav Co. Ltd. Jo Tankers A/S Thenamaris (Mgmt.) Norden D/S A/S Norden D/S A/S European Navigation Tanker Pacific Mngt. STX Pan Ocean SAM S.A. Thenamaris (Mgmt.) Norden D/S A/S STX Pan Ocean STX Pan Ocean STX Pan Ocean Gestioni Armatoriali Pleiades Shpg. Agcy. Alterna Capital STX Pan Ocean European Navigation Tanker Pacific Mngt. Alterna Capital Alterna Capital STX Pan Ocean Pleiades Shpg. Agcy. Alterna Capital Norden D/S A/S Efnav Co. Ltd. SAM S.A. Fratelli D'Amato Frontline 2012 Alterna Capital Efnav Co. Ltd. Dongbu Insurance Tanker Pacific Mngt. Frontline 2012 Alterna Capital Zodiac Maritime Agy. Mitsubishi Corp. Zodiac Maritime Agy. Dongbu Insurance Frontline 2012 Frontline 2012 Mitsubishi Corp. Zodiac Maritime Agy. Dongbu Insurance Primorsk Shpg. Corp. Frontline 2012 Zodiac Maritime Agy. Mitsubishi Corp. Zodiac Maritime Agy. STX Pan Ocean Dongbu Insurance Frontline 2012 Mitsubishi Corp. Delivery Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Sep 2012 Oct 2012 Oct 2012 Oct 2012 Oct 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Nov 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 2013 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Feb 2013 Feb 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 Apr 2013 Apr 2013 Apr 2013 May 2013 May 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Jul 2013 Aug 2013 Aug 2013 Aug 2013 Aug 2013 Aug 2013 Aug 2013 Aug 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Sep 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Oct 2013 Nov 2013 Nov 2013 51,800 Unknown 35,000 GrandUnion Inc. 35,000 Ch. F. Ahrenkiel 51,800 Unknown 35,000 Ch. F. Ahrenkiel 51,800 Unknown 35,000 GrandUnion Inc. 51,800 Unknown 51,800 Unknown Greek Owner 51,800 Unknown 35,000 GrandUnion Inc. 51,800 Unknown 51,800 Unknown 51,800 Unknown 51,800 Unknown 35,000 Hanjin Shpg Co. 51,800 Unknown 51,000 Maruta Industries 52,000 Unknown U.S. Owner 51,000 Maruta Industries 52,000 Navios Acquisition 52,000 Unknown U.S. Owner 52,000 Navios Acquisition 52,000 Navios Acquisition 23,000 1,700 TEU Eastern Med. Mar. 23,000 1,700 TEU Eastern Med. Mar. 50,000 Tankerska Plovidba 81,525 Yasa Shpg. Industry 81,516 Active Shipping 58,451 Nereus Shipping 112,793 Dunya Denizcilik 50,100 Daelim H&L Co. Ltd. 50,000 Tankerska Plovidba 81,516 Active Shipping 58,451 Nereus Shipping 81,516 Active Shipping 76,500 Euroceanica (UK) 50,000 Unknown 50,100 World Tankers Mngt. 50,000 Ardmore Shipping 50,000 Unknown 52,000 Eastern Med. Mar. 52,000 Eastern Med. Mar. 50,000 Unknown 50,000 Unknown 23,000 1,700 TEU Eastern Med. Mar. 23,000 1,700 TEU Eastern Med. Mar. 113,000 Overseas Shipholding 50,100 Daelim H&L Co. Ltd. 50,000 Unknown 76,500 Euroceanica (UK) 50,000 Ardmore Shipping 50,122 Benetech S.A. 50,000 Unknown 50,000 Unknown 50,000 Ardmore Shipping 113,000 Overseas Shipholding 50,000 Unknown 50,000 Ardmore Shipping 45,000 3,600 TEU Metrostar Management 45,000 3,600 TEU Metrostar Management 45,000 3,600 TEU Metrostar Management 45,000 3,600 TEU Metrostar Management 81,525 Unknown Turkish 81,547 Beks Shipmngt. 80,400 General Mar. Enterp. 80,390 Seatask Corp. 59,000 Unknown 59,000 Hanjin Shpg Co. 74,060 Roxana Shipping S.A. 82,170 Anglo-Swiss 81,525 Geden Line 76,500 Four Handy Ltd. 81,525 Geden Line 82,000 Adelfia Shpg. Ent. 81,525 Geden Line 76,500 Four Handy Ltd. On Order:- 97 Vessel(s); 5,145,757 DWT. 320,000 400,000 400,000 181,000 A.P. Moller STX Pan Ocean STX Pan Ocean Anangel Shpg. Ent.

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H4094 H4096 H4097 H4076 H4077 S5054 S5109 S5094 S5083 S5045 S5060 S5065 S5095 S5084 S5096 S5510 S5112 S5079 S-5100 S5113

1509 1533 1535 1536 1571 1520 3025 1510 1534 1537 1541 1548 1347 1463 1573 1542 1572 1521 1574 1362

H4078 S5102 S5064 S5114 S5111 S-5101 S5042 S5115 S5116 S-5118 S5103 S5117 S-5119

1538 1553 1511 1350 1595 1554 2211 1522 1596 1449 1621 1567 2212 1597 1598 1622 1568 2213 1266 1599 1461 1623 1569 1543 2214 1600 1624

H1072 H1064 H1057 S5098 H1038 H1065 H1060 H1061 H1070 H1062

STX Shipbuild.
Tanker Ore Ore Bulk 1459 1703 1704 1340

Jinhae
Jul 2012 Jul 2012 Jul 2012 Jul 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 38

1st July 2012

Orderbook by Shipyard
Type OH* L.N.G. OH* Tanker Bulk OH* OH* Shuttle Bulk Bulk L.P.G. L.N.G. L.P.G. Bulk Container Tanker Bulk Tanker L.N.G. Bulk Bulk Container Tanker Bulk L.N.G. L.N.G. L.N.G. Container Ch&O* Tanker Container Container Container L.P.G. Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG Ethy/LPG L.P.G. L.P.G. L.P.G. L.P.G. Hull No. Dwt. *Other Units Owner Delivery Nov 2013 Dec 2013 Dec 2013 Jan 2014 Feb 2014 Feb 2014 Feb 2014 Mar 2014 Mar 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Jul 2014 Aug 2014 Aug 2014 Oct 2014 Oct 2014 Oct 2014 Oct 2014 Oct 2014 Nov 2014 Dec 2014 Jan 2015 Feb 2015 Mar 2015 Mar 2015 Apr 2015 Jun 2015 Jun 2015 Sep 2015 Dec 2015 Jun 2012 Jun 2012 Sep 2012 Jan 2013 Jan 2013 Feb 2013 Apr 2013 Jun 2013 Jan 2014 Mar 2014 May 2014 Jul 2014 Type Container Container Livestock Livestock Livestock Livestock Livestock Livestock Livestock Livestock Livestock Livestock Hull No. 4014 4015 Dwt. *Other Units Owner 1544 56,480 STX Pan Ocean 1910 94,700 170,200 cbm Sovcomflot JSC 1545 56,480 STX Pan Ocean 1481 320,000 Fratelli D'Amato 4028 81,000 Siba Ships 1546 56,480 STX Pan Ocean 1547 56,480 STX Pan Ocean 1591 155,000 European Navigation 1428 81,000 Lamda Maritime S.A. 1430 81,000 Lamda Maritime S.A. 23,000 22,000 cbm Soc. Nav. Ultragas 1911 94,700 170,200 cbm Sovcomflot JSC 23,000 22,000 cbm Soc. Nav. Ultragas 1288 57,700 Shipping Land Co. 1527 155,000 16,000 TEU Zodiac Maritime Agy. 1346 320,000 Liquimar Tankers 1307 57,700 TPC Korea 1349 320,000 Liquimar Tankers 1912 94,700 170,200 cbm Sovcomflot JSC 1420 81,000 Dilek Transporting 1429 80,650 Siba Ships 1528 155,000 16,000 TEU Zodiac Maritime Agy. 1415 320,000 Liquimar Tankers 1435 80,650 Siba Ships 1913 94,700 170,200 cbm Sovcomflot JSC 5003 85,000 159,700 cbm Alpha Tankers & Frt. 5004 85,000 159,700 cbm Alpha Tankers & Frt. 1529 155,000 16,000 TEU Zodiac Maritime Agy. 2039 51,000 Primorsk Shpg. Corp. 1406 320,000 Fratelli D'Amato 1530 155,000 16,000 TEU Zodiac Maritime Agy. 1551 155,000 16,000 TEU Zodiac Maritime Agy. 1552 155,000 16,000 TEU Zodiac Maritime Agy. 5046 9,787 9,102 cbm Benelux Overseas 5058 6,000 6,800 cbm Sloman Neptun Schiff 5059 6,000 6,800 cbm Othello Shpg. Co. 5048 9,787 9,102 cbm Benelux Overseas 5061 6,000 6,800 cbm Schulte Group 5062 6,000 6,800 cbm Sloman Neptun Schiff 5063 6,000 6,800 cbm Othello Shpg. Co. 5064 6,000 6,800 cbm Schulte Group 5065 5,500 5,000 cbm StealthGas Inc. 5066 5,500 5,000 cbm StealthGas Inc. 7,000 6,500 cbm StealthGas Inc. 7,000 6,500 cbm StealthGas Inc. On Order:- 133 Vessel(s); 13,749,706 DWT. S1178 S2032 S1111 S1124 S1161 S1183 S1153 S3059 S1184 S1186 S1154 S1112 S3060 S3061 S1187 S4010 S4011 S5005 S2033 S7001 S3062 4012 S4020 S4021 4008 S7002 4028 4013 S4022 4009 4029 S3063 S4023 S4024 4030 4031 82,000 158,000 180,000 82,000 82,000 82,000 81,600 74,960 82,000 82,000 81,600 180,000 74,960 74,960 82,000 83,300 83,300 55,500 158,000 156,500 74,960 83,300 83,300 83,300 58,500 156,500 50,100 83,300 83,300 58,500 50,100 52,000 83,300 83,300 50,100 50,100 Aegean Bulk Co. Inc. Tsakos Shpg. & Trad. Cido Shipping Unknown Greek Owner Global Marine Finan. Unknown Israeli Cape Shipping Navios Acquisition Unknown Korean Nisshin Shpg.Co.Ltd. Cape Shipping Cido Shipping Navios Acquisition Navios Acquisition Nisshin Shpg.Co.Ltd. Costamare Shipping Costamare Shipping PTSC Tsakos Shpg. & Trad. Tsakos Energy Nav. Navios Acquisition Mediterranean Shpg. Costamare Shipping Costamare Shipping Tsakos Shpg. & Trad. Tsakos Energy Nav. Zodiac Maritime Agy. Mediterranean Shpg. Costamare Shipping Tsakos Shpg. & Trad. Zodiac Maritime Agy. Unknown Costamare Shipping Costamare Shipping Zodiac Maritime Agy. Zodiac Maritime Agy. 83,300 8,800 TEU Mediterranean Shpg. 83,300 8,800 TEU Mediterranean Shpg. 9,000 Pembangunan Buka 9,000 Pembangunan Buka 9,000 Pembangunan Buka 9,000 Pembangunan Buka 9,000 Pembangunan Buka 14,500 Pembangunan Buka 14,500 Pembangunan Buka 14,500 Pembangunan Buka 14,500 Pembangunan Buka 14,500 Pembangunan Buka On Order:- 48 Vessel(s); 3,484,740 DWT.

South Korea
Delivery Aug 2013 Nov 2013 Mar 2014 May 2014 Jul 2014 Sep 2014 Nov 2014 Jan 2015 Mar 2015 May 2015 Jul 2015 Sep 2015

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Spain
Armon (Vigo)
AHT AHT 2,500 2,506 GT Heerema Marine 2,500 2,506 GT Heerema Marine On Order:- 2 Vessel(s); 5,000 DWT. 293 294 GIE Dragages - Ports GIE Dragages - Ports Dragages Transports On Order:- 3 Vessel(s); DWT. 4,750 3,910 GT EDT Offshore 4,731 3,941 GT EDT Offshore On Order:- 2 Vessel(s); 9,481 DWT. 4,000 3,097 GT Ostensjo Rederi AS 341 1,502 GT Kenya Navy 4,500 4,840 GT Mokster Shipping On Order:- 3 Vessel(s); 8,841 DWT. 5,000 6,500 GT Esvagt On Order:- 1 Vessel(s); 5,000 DWT. 444 445 446 690 1,330 GT North Star Shipping 450 1,330 GT North Star Shipping 2,550 1,974 GT North Star Shipping 2,550 1,974 GT North Star Shipping On Order:- 4 Vessel(s); 6,240 DWT. 36,000 Jan De Nul N.V. On Order:- 1 Vessel(s); 36,000 DWT. 5,941 GT NOC On Order:- 1 Vessel(s); DWT. 158 160 4,228 GT Sea Cloud Cruises 2,148 4,261 GT Esvagt On Order:- 2 Vessel(s); 2,148 DWT. 10,000 10,000 8,400 GT Oceanteam Power 8,400 GT Oceanteam Power 10,472 GT Technip Offshore UK On Order:- 3 Vessel(s); 20,000 DWT.

Vigo
Sep 2013 Sep 2013

Ast. De Murueta
TSH Dredger TSH Dredger TSH Dredger

Murueta-vizcaya
Oct 2012 Oct 2012 May 2013

Ast. de Sevilla
PSV PSV 008 009

Seville
Jun 2012 Jul 2012

Ast. Gondan
PSV Oceanograph. PSV c444 430

Asturias
Jun 2012 Jul 2012 Jun 2014

Ast. Zamakona
AHT

Bilbao
Jul 2012

Balenciaga S.A.
Standby/Resc. Standby/Resc. PSV PSV

Zumaya
Jun 2012 Sep 2012 Jun 2013 Dec 2013

CNN - La Naval
Dump/Fallpipe 8628

Sestao
Jan 2013

Sungdong S.B.
Bulk Tanker Bulk Bulk Bulk Bulk Bulk Products Bulk Bulk Bulk Bulk Products Products Bulk Container Container FSO Tanker Shuttle Products Container Container Container Container Shuttle Container Container Container Container Container Products Container Container Container Container

Tongyoung
Jun 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Oct 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Jan 2013 Jan 2013 Jan 2013 Feb 2013 Mar 2013 Mar 2013 Mar 2013 Apr 2013 Apr 2013 May 2013 May 2013 May 2013 May 2013 Jun 2013 Jun 2013 Jul 2013 Jul 2013 Jul 2013

Const. Freire
Oceanograph.

Vigo
Jun 2013

Marin S.A.
Cruise Standby/Resc.

Marin
2012 Jul 2012

Metalships
Cable Lay Cable Lay Cable Lay 290 291

Vigo
Aug 2012 Sep 2012 Jan 2013

Vulcano S.A.
MSV 511 6,791 14,546 GT Polycrest On Order:- 1 Vessel(s); 6,791 DWT.

Vigo
Jun 2012

8,800 TEU 8,800 TEU

Sri Lanka
Colombo Dockyd.
PSV PSV Pass/Cargo Pass/Cargo PSV PSV PSV PSV PSV 222 223 3,000 3,200 GT Greatship India 3,500 2,710 GT Greatship India 1,200 2,000 GT Indian Govt. 1,200 2,000 GT Indian Govt. 3,600 3,200 GT Adhart Shipping 3,600 3,200 GT Adhart Shipping 3,600 3,200 GT Adhart Shipping 3,600 3,200 GT Adhart Shipping 3,500 2,710 GT Greatship India On Order:- 9 Vessel(s); 26,800 DWT.

Colombo
Jun 2012 Jun 2012 2013 2013 Jan 2013 Jan 2013 Jan 2013 Jan 2013 May 2013

8,800 TEU 8,800 TEU 8,800 TEU 4,700 TEU 3,600 TEU 8,800 TEU 8,800 TEU 4,700 TEU 3,600 TEU 8,800 TEU 8,800 TEU 3,600 TEU 3,600 TEU

H1056 H1057 221

Taiwan
Ching Fu S.B.
TSH Dredger 89 Hwa Chi On Order:- 1 Vessel(s); DWT. 97,000 97,000 97,000 8,240 TEU Yang Ming 8,240 TEU Yang Ming 8,240 TEU Yang Ming

Kaohsiung
Jan 2012

CSBC
Container Container Container 958 959 960

Kaohsiung
Aug 2012 Oct 2012 Dec 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 39

1st July 2012

Taiwan
Type Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Container Bulk Bulk Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery 2013 2013 2013 2013 Jan 2013 Mar 2013 Mar 2013 Jun 2013 Aug 2013 Oct 2013 Dec 2013 2014 2014 2014 2014 Jan 2014 2015 2015 Jun 2012 Jul 2012 Jul 2012 Sep 2012 Sep 2012 Oct 2012 Nov 2012 Jan 2013 Mar 2013 Mar 2013 Jun 2013 Oct 2013 Dec 2013 Type Hull No. Dwt. *Other Units Owner Delivery 95,000 8,000 TEU Evergreen Mar. Corp. 95,000 8,000 TEU Evergreen Mar. Corp. 95,000 8,000 TEU Evergreen Mar. Corp. 95,000 8,000 TEU Evergreen Mar. Corp. 53,000 4,500 TEU Yang Ming 97,000 8,240 TEU Yang Ming 53,000 4,500 TEU Yang Ming 53,000 4,500 TEU Yang Ming 53,000 4,500 TEU Yang Ming 53,000 4,500 TEU Yang Ming 53,000 4,500 TEU Yang Ming 95,000 8,000 TEU Evergreen Mar. Corp. 95,000 8,000 TEU Evergreen Mar. Corp. 95,000 8,000 TEU Evergreen Mar. Corp. 95,000 8,000 TEU Evergreen Mar. Corp. 53,000 4,500 TEU Yang Ming 95,000 8,000 TEU Evergreen Mar. Corp. 95,000 8,000 TEU Evergreen Mar. Corp. 11,500 1,000 TEU Wan Hai Lines 56,600 4,532 TEU Wan Hai Lines 11,500 1,000 TEU Wan Hai Lines 56,600 4,532 TEU Wan Hai Lines 11,500 1,000 TEU Wan Hai Lines 11,500 1,000 TEU Wan Hai Lines 56,600 4,532 TEU Wan Hai Lines 56,600 4,532 TEU Wan Hai Lines 56,600 4,532 TEU Wan Hai Lines 22,500 1,800 TEU Ofer (Ships Holdgs.) 22,500 1,800 TEU Ofer (Ships Holdgs.) 35,000 China Steel Corp 35,000 China Steel Corp On Order:- 34 Vessel(s); 2,153,000 DWT. 6,500 Chinese Petroleum On Order:- 1 Vessel(s); 6,500 DWT.

Cicek Shipyard
Bulk 49 24,968 Deniz Endustrisi On Order:- 1 Vessel(s); 24,968 DWT. 11,259 Yardimci Shpg. Group On Order:- 1 Vessel(s); 11,259 DWT. 6,400 Den-Ta Denizcilik On Order:- 1 Vessel(s); 6,400 DWT. 6,480 Kaptanoglu Shpg. Grp On Order:- 1 Vessel(s); 6,480 DWT. 15,995 Duzgit Shipholding 8,280 Duzgit Shipholding On Order:- 2 Vessel(s); 24,275 DWT. 25,000 Med Marine 8,280 Med Marine 8,280 Med Marine 8,280 Med Marine 5,300 John T. Essberger On Order:- 5 Vessel(s); 55,140 DWT. 7,000 Unknown Turkish On Order:- 1 Vessel(s); 7,000 DWT. 6,400 Icdas Celik Enerji 6,400 Icdas Celik Enerji 6,400 Icdas Celik Enerji 6,400 Icdas Celik Enerji On Order:- 4 Vessel(s); 25,600 DWT. 5,619 GT Govt of Turkey On Order:- 1 Vessel(s); DWT. 28 7,500 Unknown On Order:- 1 Vessel(s); 7,500 DWT. 2,950 Amasus Shipping On Order:- 1 Vessel(s); 2,950 DWT. 9,700 Unknown 9,700 Unknown On Order:- 2 Vessel(s); 19,400 DWT. 12,500 Yildirim Group 12,500 Yildirim Group 11,000 Yilmar Shipping 8,500 Yilmar Shipping 11,000 Yilmar Shipping 12,700 Yilmar Shipping 8,500 Yilmar Shipping On Order:- 7 Vessel(s); 76,700 DWT. 26,811 1,878 TEU Kasif Kalkavan Group 7,000 Elcano On Order:- 2 Vessel(s); 33,811 DWT. 1,900 1,620 GT Marnavi S.P.A. 4,000 3,100 GT Marnavi S.P.A. On Order:- 2 Vessel(s); 5,900 DWT. 6,250 Selay Deniz. Sanayi 6,250 Selay Deniz. Sanayi 3,000 Selay Deniz. Sanayi 3,000 Selay Deniz. Sanayi 3,000 Selay Deniz. Sanayi 3,000 Selay Deniz. Sanayi 11,000 Safi Shipping On Order:- 7 Vessel(s); 35,500 DWT. 2,136 GT TUBITAK On Order:- 1 Vessel(s); DWT. 42 6,824 Unknown On Order:- 1 Vessel(s); 6,824 DWT. 38,000 Unknown

Tuzla
Mar 2012

Dearsan Shipyd.
Ch&O* 2052

Tuzla
2012

961

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Denta Shipyard
Ch&O* 001

Altinova
2012

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Desan Deniz
Ch&O* 26

Tuzla
Jul 2012

Duzgit Yalova
Ch&O* Ch&O* 05 06

Altinova
Jun 2012 Jul 2012

996 951 997 952 998 999 953 962 963

Eregli Shipyard
Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* 10 09 30 20 26

Eregli
2012 Jan 2012 Jan 2012 Mar 2012 May 2012

Gisan Shipyard
GCargo 53

Tuzla
Aug 2012

Icdas Shipyard
Ch&O* Ch&O* Ch&O* Ch&O* 15 16 17 18

Istanbul
2012 2012 2012 2012

Jong Shyn S.B.


Ch&O* 190

Kaohsiung
Jun 2012

Istanbul Shipyard
Seis. Survey

Tuzla
Jan 2014

Thailand
Italthai Marine
PSV 161 3,000 2,323 GT Opielok Reederei On Order:- 1 Vessel(s); 3,000 DWT. Mineral Deposit On Order:- 1 Vessel(s); DWT.

Bangkok
Aug 2012

Karadeniz Shipyd.
GCargo

Karadeniz
Jan 2012

Unithai S.Y. & Eng.


CS/BW Dredg

Sriracha
Sep 2012

Kocatepe S/Y
GCargo 3

Tuzla
Jun 2012

Turkey
Admarin Shipyard
Ch&O* 19 25,000 Galata Denizcilik On Order:- 1 Vessel(s); 25,000 DWT. 9,500 Akdeniz Gemi On Order:- 1 Vessel(s); 9,500 DWT. 6,000 Anadolu Kim. Tanker. On Order:- 1 Vessel(s); 6,000 DWT. 12,000 MRC Shipping 12,000 MRC Shipping On Order:- 2 Vessel(s); 24,000 DWT. 7,114 Palmali Shipping 7,114 Palmali Shipping 7,114 Palmali Shipping 8,000 9,000 cbm Gas and Heat S.p.A. 3,600 3,300 cbm Gas and Heat S.p.A. On Order:- 5 Vessel(s); 32,942 DWT. 9,000 FORS Denizcilik 5,600 KGS Denizcilik 9,000 FORS Denizcilik 5,600 KGS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik 9,000 FORS Denizcilik On Order:- 14 Vessel(s); 119,200 DWT.

Kocaeli
Feb 2012

Madenci Shipyard
MPP MPP 36 37

Karadeniz
2012 2012

Akdeniz Gemi
MPP 01

Ceyhan
2012

Marmara Tersanesi
Ch&O* Ch&O* GCargo Ch&O* GCargo Ch&O* Ch&O* 080 081

Yarimca
May 2012 Oct 2012 Mar 2013 May 2013 May 2013 Jun 2013 Oct 2013

Anadolu Shipyard
Ch&O* 221

Tuzla
2012

Aykin Deniz.
Ch&O* Ch&O* 17 18

Tuzla
Jan 2012 Aug 2012

Sedef Gemi End. Altinova


Aug 2012 Jan 2013 Apr 2013 May 2013 Aug 2013 Container Asp.& Bit. 157 176

Tuzla
2012 Mar 2013

Besiktas Shipyard
Ch&O* Ch&O* Ch&O* Ethy/LPG L.P.G. 17 18 19 11 08

Selah Shipyard
AHTS PSV H65 H66

Tuzla
Sep 2012 Jun 2013

Celik Tekne
Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* 75 87 76 88 77 78 79 80 81 82 83 84 85 86

Tuzla
Jan 2012 Jan 2012 Mar 2012 Mar 2012 May 2012 Jul 2012 Sep 2012 Nov 2012 Jan 2013 Mar 2013 May 2013 Jul 2013 Sep 2013 Nov 2013

Selay Shipyard
Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* Ch&O* GCargo 118 119 128 129 130 131 142

Tuzla
2012 2012 2012 2012 2012 2012 Jun 2012

Soyaslan
Oceanograph.

Istanbul, Turkey
Dec 2012

Tuzla Gemi
Ch&O*

Tuzla
Jan 2012

UM Deniz Shipyard
Ch&O* 036

Golcuk
2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 40

1st July 2012

Orderbook by Shipyard
Type Container Container Hull No. 034 035 Dwt. *Other Units Owner Delivery 2012 2012 Type Hull No. Dwt. *Other Units Owner 10,600 917 TEU Volum Denizcilik 10,600 917 TEU Volum Denizcilik On Order:- 3 Vessel(s); 59,200 DWT. 4,900 Tanmarin Denizcilik On Order:- 1 Vessel(s); 4,900 DWT. 13,500 Yardimci Shpg. Group 4,999 Yardimci Shpg. Group 12,500 1,000 TEU Yardimci Shpg. Group On Order:- 3 Vessel(s); 30,999 DWT. On Order:- 3 Vessel(s); 8,400 DWT.

Turkey
Delivery

Breaux Bros.
Crew Boat Crew Boat Crew Boat 1317 1318 1319 200 566 GT ECO 200 566 GT ECO 200 566 GT ECO On Order:- 3 Vessel(s); 600 DWT. 5,400 3,380 GT Otto Candies On Order:- 1 Vessel(s); 5,400 DWT. 1,500 GT ONR 1,500 GT ONR On Order:- 2 Vessel(s); DWT. 4,500 3,485 GT Boldini 5,644 4,371 GT Hornbeck Offshore 5,487 3,912 GT Harvey Gulf Intl 4,500 3,485 GT Boldini 5,644 4,371 GT Hornbeck Offshore 4,500 3,485 GT Boldini 5,650 3,896 GT Harvey Gulf Intl 5,644 4,371 GT Hornbeck Offshore 4,500 3,485 GT Boldini 5,644 4,371 GT Hornbeck Offshore 4,500 3,485 GT Boldini 5,650 3,896 GT Harvey Gulf Intl 5,644 4,371 GT Hornbeck Offshore 5,644 4,371 GT Hornbeck Offshore 5,650 3,896 GT Harvey Gulf Intl 5,644 4,371 GT Hornbeck Offshore 5,644 4,371 GT Hornbeck Offshore On Order:- 17 Vessel(s); 90,089 DWT. 6,558 GT Harvey Gulf Intl On Order:- 1 Vessel(s); DWT. 1,500 1,500 1,500 1,004 GT Gulf Offsh. Logistic 1,004 GT Gulf Offsh. Logistic 1,004 GT Gulf Offsh. Logistic 500 GT Seacor Marine 500 GT Seacor Marine On Order:- 5 Vessel(s); 4,500 DWT. 2,958 GT CS Liftboats On Order:- 1 Vessel(s); DWT. 246 5,193 5,922 GT ECO 5,300 4,104 GT ECO 5,300 4,104 GT ECO 4,830 3,045 GT ECO 4,830 3,045 GT ECO 5,254 3,606 GT Bram OTM 4,830 3,045 GT ECO 1,500 1,017 GT ECO 4,500 2,998 GT ECO On Order:- 9 Vessel(s); 41,537 DWT. 3,500 2,710 GT Gulf Offsh. Logistic 3,500 2,710 GT Gulf Offsh. Logistic 3,500 2,710 GT Gulf Offsh. Logistic 3,500 2,710 GT Gulf Offsh. Logistic On Order:- 4 Vessel(s); 14,000 DWT. 1,400 4,623 GT Washington State 5,000 GT Washington State 1,400 4,623 GT Washington State 5,000 GT Washington State 1,400 4,623 GT Washington State On Order:- 5 Vessel(s); 4,200 DWT. 5,520 4,275 GT Harvey Gulf Intl 5,520 4,275 GT Harvey Gulf Intl 5,520 4,275 GT Harvey Gulf Intl 5,520 4,275 GT Harvey Gulf Intl On Order:- 4 Vessel(s); 22,080 DWT. 12,500 6,200 6,200 6,200 Pasha Hawaii Hornbeck Offshore Military Sealift Hornbeck Offshore Hornbeck Offshore

Loreauville
Jul 2012 Oct 2012 Feb 2013

Ustaoglu Shipyard
Ch&O* 090

Eregli
Jan 2012

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Yardimci Deniz
Ch&O* Ch&O* Container 68 77 55

Tuzla
2012 Jan 2012 Apr 2012

Candies Shipbuilders
PSV 151

Houma
Jun 2012

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Dakota Creek Ind.


Oceanograph. AGOR 27 Oceanograph. AGOR 28

Anacortes
Dec 2014 Jan 2015

U.A.E.
Adyard
AHTS AHTS AHTS AHTS H121 H122 011 10 2,100 2,100 1,680 GT Topaz Marine 1,680 GT Topaz Marine 500 GT Serco Denholm 500 GT Serco Denholm On Order:- 4 Vessel(s); 4,200 DWT.

Abu Dhabi
Jun 2012 Jun 2012 Jun 2012 Jun 2012

Eastern S.B.
PSV PSV PSV PSV PSV PSV Supply PSV PSV PSV PSV Supply PSV PSV Supply PSV PSV

Panama City
Mar 2013 Jun 2013 Jun 2013 Jun 2013 Sep 2013 Sep 2013 Nov 2013 Dec 2013 Dec 2013 Mar 2014 Mar 2014 Apr 2014 Jun 2014 Sep 2014 Sep 2014 Oct 2014 Dec 2014

163

Dubai Shipbuilding
Supply AHTS Supply AHTS 431 451 430 457 1,800 1,700 GT Govt. of UAE 1,600 1,272 GT Mubarak Marine LLC 1,800 1,700 GT Govt. of UAE 1,800 3,000 GT Marco Polo Shipping On Order:- 4 Vessel(s); 7,000 DWT. 355 GT Grandweld 355 GT Grandweld Sogeport-GICEP Sogeport-GICEP Sogeport-GICEP 370 335 GT Bourbon Offshore 1,650 1,407 GT Halul Offshore 1,650 1,407 GT Halul Offshore 600 495 GT Bourbon Offshore 600 495 GT Bourbon Offshore 600 495 GT Bourbon Offshore 600 495 GT Bourbon Offshore 600 495 GT Bourbon Offshore 600 495 GT Bourbon Offshore 1,500 1,279 GT Qatar Shipping 1,500 1,279 GT Qatar Shipping On Order:- 16 Vessel(s); 11,010 DWT. 750 GT Govt. of Sharjah On Order:- 1 Vessel(s); DWT. 370 370

Dubai
Jun 2012 Jun 2012 Jul 2012 Aug 2012

Grandweld
Crew/Fast Sup H071 H072 Crew/Fast Sup O. Salv. Tug O. Salv. Tug O. Salv. Tug Crew/Fast Sup 048/07 AHTS 389 AHTS 390 Seis. Support Seis. Support Seis. Support Seis. Support Seis. Support Seis. Support AHTS H096/11 AHTS H097/11

Dubai
Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jul 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Dec 2012 Feb 2013 Mar 2013

Eastern S.Y.
MSV

Panama City
Mar 2013

Gulf Craft
Supply Supply Supply Crew/Fast Sup Crew/Fast Sup

Louisiana
Aug 2012 Oct 2012 Dec 2012 Jan 2014 Feb 2014

Nico
Fast PassCat Jan 2013

Gulf Island
Lift Boat Dec 2012

Ukraine
Kherson Shipyard
Products 8005 6,980 Unknown Russian On Order:- 1 Vessel(s); 6,980 DWT. 3,500 3,000 GT Argali Holdings On Order:- 1 Vessel(s); 3,500 DWT.

North American Kherson


2012 AHTS PSV PSV PSV PSV AHTS PSV Well Stimul. PSV

Larose
Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jun 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012

Zaliv Shipyard
PSV

Kerch
Dec 2012

United Kingdom
Cammell Laird
Pass/Car F. Pass/Car F. 1387 1388 250 500 GT Western Ferries 250 500 GT Western Ferries On Order:- 2 Vessel(s); 500 DWT. 1,305 Rix Shipping Ltd. On Order:- 1 Vessel(s); 1,305 DWT.

Birkenhead
Aug 2013 Aug 2013

266 268 126 265 272 267

Thoma-Sea S.B.
PSV PSV PSV PSV

Lockport
Jun 2012 Aug 2012 Oct 2012 Dec 2012

J. R. Hepworth
Bunkering 166

Hull
Jun 2012

United States
Aker Philadelphia
Products Products Tanker Tanker 017 018 46,000 Builders Account 46,000 Builders Account 115,000 SeaRiver Maritime 115,000 SeaRiver Maritime On Order:- 4 Vessel(s); 322,000 DWT. 49,000 MidOcean Tanker Co. Weeks Marine On Order:- 2 Vessel(s); 49,000 DWT.

Philadelphia
Dec 2012 Mar 2013 2014 2014

Todd SY Corp
Pass/Car F. Pass/Car F. Pass/Car F. Pass/Car F. Pass/Car F.

Seattle
2013 2014 2014 2015 2015

BAE Alabama
Ch&O* TSH Dredger 103

Alabama
Jul 2012 Jan 2014

Trinity Marine
PSV PSV PSV PSV

Gulfport
Apr 2013 Apr 2013 Apr 2014 Apr 2014

Bay S.B. Corp


PSV PSV 774 6,100 2,000 GT Tidewater Marine 6,100 2,000 GT Tidewater Marine On Order:- 2 Vessel(s); 12,200 DWT. 2,800 2,800 2,800 1,930 GT GulfMark Offshore 1,930 GT GulfMark Offshore 1,930 GT GulfMark Offshore

Sturgeon Bay
Dec 2012 Jul 2013

VT Halter
Ro-Ro/Cnt PSV Oceanograph. PSV PSV 4,801 GT 5,000 GT 4,801 GT 4,801 GT

Pascagoula
2013 Jun 2013 Jul 2013 Aug 2013 Oct 2013

Bender S.B.
PSV PSV PSV 8188 8184 8192

Mobile
Jun 2012 Jul 2012 Jul 2012

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 41

1st July 2012

United States
Type PSV PSV PSV PSV PSV Hull No. Dwt. *Other Units Owner

Orderbook by Shipyard
Delivery Dec 2013 Feb 2014 Apr 2014 Jun 2014 Oct 2014 Type Bulk Bulk Bulk Bulk Bulk Bulk Hull No. S-026 S071 S050 S072 S075 S076 Dwt. *Other Units Owner Delivery Jan 2013 Mar 2013 Apr 2013 Jun 2013 2014 2014 6,200 4,801 GT Hornbeck Offshore 6,200 4,801 GT Hornbeck Offshore 6,200 4,801 GT Hornbeck Offshore 6,200 4,801 GT Hornbeck Offshore 6,200 4,801 GT Hornbeck Offshore On Order:- 10 Vessel(s); 62,100 DWT. 55,783 E.R. Schiffahrt 37,000 Densa Shipping 56,000 Geden Line 37,000 Densa Shipping 37,000 Densa Shipping 37,000 Densa Shipping On Order:- 21 Vessel(s); 1,105,312 DWT. 3,500 Briese Schiffahrts On Order:- 1 Vessel(s); 3,500 DWT. 13,500 Vinashin Ocean 53,000 Ofer (Ships Holdgs.) 9,500 707 TEU Vinalines 9,500 707 TEU Vinalines 9,500 707 TEU Vinalines On Order:- 5 Vessel(s); 95,000 DWT. 6,561 Fortune Marine Co. 34,000 Four Handy Ltd. On Order:- 2 Vessel(s); 40,561 DWT. 5,190 Yugreftransflot On Order:- 1 Vessel(s); 5,190 DWT. 5,097 GT Teras Offshore 5,097 GT Teras Offshore 3,960 2,968 GT Ezion Holdings 5,600 5,986 GT Ezion Holdings 3,165 5,097 GT Teras Offshore 5,097 GT Teras Offshore 3,960 2,968 GT Ezion Holdings On Order:- 7 Vessel(s); 16,685 DWT. 575 Vietnam Police 1,035 DSM Maritime 1,035 DSM Maritime 1,035 DSM Maritime 1,035 DSM Maritime On Order:- 5 Vessel(s); 4,715 DWT. 750 751 770 5,300 4,500 GT Farstad Shipping 5,300 4,500 GT Farstad Shipping 5,300 4,500 GT Farstad Shipping 5,600 4,337 GT Farstad Shipping On Order:- 4 Vessel(s); 21,500 DWT. 2,550 Damen Shipyards 2,550 Briese Schiffahrts 2,550 Damen Shipyards 2,550 Briese Schiffahrts 2,550 Damen Shipyards 2,550 Briese Schiffahrts 2,550 Briese Schiffahrts 2,550 Damen Shipyards 2,550 Damen Shipyards On Order:- 9 Vessel(s); 22,950 DWT. 13,742 GT Ezra Holdings On Order:- 1 Vessel(s); DWT.

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Unknown
Unknown Yard
Pipe Layer Standby/Resc. Utility Utility CS/BW Dredg Bulk MSV Pipe Layer Hydrographic Pass/Car F. Research Accom. Unit Accom. Unit PDVSA 1,100 Mermaid Marine Group AMS Tugs & Barges AMS Tugs & Barges 1,200 Chernomortekhflot 180,000 Hsin Chien Marine 5,441 GT Sea Trucks Group 4,000 GT Sea Trucks Group 1,300 GT Fugro 2,000 GT Unknown 10,363 GT ESF 25,000 GT Edda Accommodation 25,000 GT Edda Accommodation On Order:- 13 Vessel(s); 182,300 DWT. 20,547 GT 1,300 GT 231 GT 231 GT

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Unknown
Jun 2012 Jun 2012 Jul 2012 Aug 2012 Aug 2012 2013 Jan 2013 Jan 2013 Jan 2013 Oct 2013 2014 Jan 2015 Mar 2015

LISEMCO
MPP 008

Haiphong
Mar 2012

Nam Trieu S.B.


Ch&O* Bulk Container Container Container T210 53-NTA04 NT28 NT29 NT30

Haiphong
2012 2012 2012 2012 2012

Pha Rung S/yard


Ch&O* Bulk 34-PR04

Haiphong
2012 Jul 2012

Saigon S.B.
GCargo 006

Tan Thuan Dong


2012

Vietnam
76 Shipyard
GCargo GCargo H181-01 H181-02 6,800 Vinashin Maritime 6,800 Vinashin Maritime On Order:- 2 Vessel(s); 13,600 DWT. 7,000 Mediterranea di Nav. 23,063 1,730 TEU Vinashin Ocean 7,000 Mediterranea di Nav. 15,000 Nghison Cement 49,000 Unknown 49,000 Unknown On Order:- 6 Vessel(s); 150,063 DWT. 16,800 K. G. Jebsen 16,800 K. G. Jebsen 16,800 K. G. Jebsen 9,200 Unknown 9,200 Unknown 16,800 K. G. Jebsen 16,800 K. G. Jebsen On Order:- 7 Vessel(s); 102,400 DWT. 12,500 Can Tho Shpg. On Order:- 1 Vessel(s); 12,500 DWT.

Ho Chi Minh
2012 2012

Saigon Shipyard
Lift Boat Lift Boat AHTS AHTS Lift Boat Lift Boat AHTS 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Dec 2012

Bach Dang S/Y


Asp.& Bit. 7000BTC-BD01 Container B170-V22 7000BTC-BD02 Asp.& Bit. Cement NSCC-BD02 Products BD-VNSL-01 Products BD-VNSL-02

Haiphong
2012 2012 Jan 2012 May 2012 Jul 2012 Sep 2012

H1009 H1001

H1010

Song Thu
O. Salv. Tug Products Products Products Products

Da Nang
Aug 2012 2013 2013 2013 2013

Ben Kien S/Y


Cement Cement Cement MPP 9200-RSBK-04 MPP 9200-RSBK-03 Cement Cement

Haiphong
2012 2012 2012 2012 Apr 2012 2013 2013

STX Vung Tau


PSV PSV PSV PSV

Vung Tau
Sep 2012 Feb 2013 May 2013 Sep 2014

Ca Mau S.B.
GCargo H176

Nam Can
Jan 2012

Thanh Long S.B. Quan Ngai


2012 2012 2012 Sep 2012 Jan 2013 Jun 2013 GCargo GCargo GCargo GCargo GCargo GCargo GCargo GCargo GCargo 9418 9419 9420 9421 9426 9427 9429 9430

Haiphong
2012 2012 May 2012 Jul 2012 Sep 2012 Nov 2012 Jan 2013 Mar 2013 May 2013

Dung Quat Shipyard


Bulk Bulk Bulk Tanker Tanker Tanker H172-02 54,000 Vinaship H172-03 54,000 Vinaship H172-04 54,000 Vinaship PVT831 105,000 PV TRANS PVT832 105,000 PV TRANS PVT833 105,000 PV TRANS On Order:- 6 Vessel(s); 477,000 DWT. 53,538 Vinashin Ocean 53,538 Aug. Bolten 53,538 Unknown 23,063 1,730 TEU Vinashin Ocean 13,000 Ray Shipping 53,471 Thoresen Thai Agen. 13,000 Ray Shipping 53,538 Thoresen Thai Agen. On Order:- 8 Vessel(s); 316,686 DWT. 82,000 56,000 56,000 56,000 55,783 37,000 82,000 59,963 56,000 37,000 55,783 82,000 56,000 37,000 37,000 HI Investments Geden Line Geden Line Geden Line Unknown Norden D/S A/S HI Investments Hyundai M.M. Geden Line Norden D/S A/S E.R. Schiffahrt Saint Michael Shpg. Geden Line Densa Shipping Densa Shipping

Ha Long Shipyd.
Bulk H172 HR53-HL12 Bulk HR53-HL14 Bulk Container B170-V21 PCC CR4900-HL03 HR53-HL15 Bulk PCC CR4900-HL04 HR53-HL16 Bulk

Haiphong
2012 2012 2012 2012 May 2012 Aug 2012 Aug 2012 May 2013

Triyards Sofel
Cable Lay 1002 Dec 2012

Hyundai Vinashin
Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk Bulk S055 S048 S051 S052 S-010 S062 S056 S060 S053 S063 S-025 S061 S049 S073 S074

Nha Trang
Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Jul 2012 Aug 2012 Aug 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Nov 2012 2013 2013

The orderbook detailed above is based on reported orders and scheduled delivery dates and does not necessarily represent the expected pattern of future deliveries.

World Shipyard Monitor Database * -Ch&O = Chem & Oil, OH = Open Hatch

Page 42

1st July 2012

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Notes on the World Shipyard Monitor

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Vessel Types Not Included in the World Shipyard Monitor: Military Vessels, Yachts and leisure craft, Fishing Vessels, Non-Seagoing Vessels, Rigs and Platforms, Non-propelled vessels, Vessels under 1,000 GT. DWT: Deadweight tonnage is the difference between the light displacement tonnage of a ship and the loaded displacement tonnage and is used as a measure of cargo carrying capacity, particularly for bulk vessels. GT: Gross Tonnage is a measure of the entire usable internal volume of a vessel, with 100 cubic feet of enclosed space equalling one gross ton. The IMO convention International Convention on Tonnage Measurement of Ships, 1969 governs measurements of GT on all ships built after July 1982, and is a function of the moulded volume of all enclosed spaces of the ship. Where the GT of a vessel is unknown its value is estimated based on other measurements. CGT: Compensated Gross Tonnage is a unit of measurement intended to provide a common yardstick to reflect the relative output of merchant shipbuilding activity. By multiplying figures in gross tonnes with CGT coefficients, which reflect the work content of each type and size of ship, it is possible to convert the ever changing product mix into CGT figures, which reflect with some accuracy worldwide shipbuilding activity. The CGT Factors were initially developed by Association of West European Shipbuilders (AWES now CESA, the Community of European Shipbuilding Associations) and the Shipbuilders Association of Japan (SAJ) in the late 1960s and adopted by the OECD in the 1970s. As of 1st January 2007 a new set of CGT Factors was agreed upon, which are used in the World Shipyard Monitor for all CGT calculations. Investment Figures: For all vessels contracted since 1st January 1996 we have a contract price which is used for constructing time series statistics. The contract values are a mixture of reported prices, estimations by CRSL fleet analysts and calculated contract prices based on past reported prices, adjusted for the size of the vessel and the date of the contract. Newbuilding Prices: Prices for new ships are collated in conjunction with H. Clarkson & Co. sale and purchase brokers who fill in pro-formas prepared by Clarkson Research showing the previous week's levels. Prices are collected for various sizes and ages of vessels for the main vessel types and relate to market contracts where these have taken place and to brokers best estimates when no contract has occurred. Latest prices assume a European spec. and 20/20/20/20/20% payments, based on first class competitive yards quotations. Price data is latest available at time of press. All historical data refers to standard vessels published at the time. The deadweight sizes quoted refer to the latest spec. in that sector, and new vessel sizes are introduced from time to time. Tanker and Capesize prices are for double-hull vessels. Demolition Forecasts: The demolition forecasts presented on pages 8 and 9 are made at the start of each year. The methodology for forecasting demolition is based on examining the fleet age profile. By comparing the age profile of the fleet in one year against another we can see the change (loss) in each year. This is converted into a %, and is then applied into the next year. Regulations such as those banning single hull tankers are also taken into consideration when calculating the forecasts. The demolition forecast may be adjusted throughout the course of the year in response to what is happening in the market. Lower Size Limits: The World Shipyard Monitor compiles data on the global merchant orderbook, and does not include information on the vessel types shown above. As a guide the lower size limit for ships included in the data is 1,000 GT, though ships smaller than this are included where practicable. The newbuilding orderbook in this report is drawn from the Clarkson Fleet and Newbuilding Database, which is closed on the first working day of each month. The sources used to update the database are the ship owners, the newbuilding and demolition brokers of H. Clarkson & Co., shipyards, classification societies and the shipping press. Our policy is not to include new contracts until they have been confirmed by the newbuilding broker or the shipyard. Contracts that are confirmed after the press date of World Shipyard Monitor are included in the next month's new contracts. The database includes options, but they are only included in the orderbook once they have been firmly taken up. Losses are checked against published insurance lists. To validate the orderbook, shipyards are contacted quarterly to confirm their orderbook and the type, deadweight, delivery date and owner of new orders. The following definitions are used: Order: public announcement of a firm contract. Delivery: handover of vessel to owner. Orderbook: vessels between the above stages. Loss: total loss or constructive total loss. Miscellaneous: includes deliveries, demolitions and losses from previous years reported in the current year, removals and conversions from one ship type to another. Owner: the Primary Reference Company, i.e. the company with the main commercial responsibility for the ship. It may be part of a larger group or an individual entity.
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