SHIPPING AND MARITIME TRANSPORT 2012-2013 - ANAVE June 2012 | Page 10

WORLD SEABORNE TRADE
CRUDE OIL AND OIL PRODUCTS MAIN DRY BULKS (1) OTHER DRY BULKS CARGO IN CONTAINERS GENERAL CARGO LIQUIFIED GASES TOTAL SEABORNE TRADE

t
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (est) 2,107 2,240 2,213 2,221 2,342 2,502 2,584 2,647 2,682 2,703 2,605 2,705 2,702 2,743 2,805

t?miles
9,249 9,652 9,390 9,144 9,714 10,430 10,727 11,033 11,067 11,166 10,501 11,018 11,207 11,471 11,832

t
1,103 1,219 1,264 1,311 1,390 1,509 1,610 1,712 1,838 1,937 1,997 2,234 2,343 2,525 2,639

t?miles
5,656 6,460 6,733 7,025 7,546 8,142 8,551 9,295 9,905 10,342 10,804 12,122 12,715 13,573 14,169

t
853 909 928 1,003 1,064 1,142 1,185 1,271 1,368 1,362 1,197 1,358 1,479 1,533 1,600

t?miles
4,277 5,152 5,229 5,045 5,339 5,870 6,109 6,928 7,286 7,038 6,029 6,805 7,402 7,835 8,183

t
534 598 621 698 812 923 1,017 1,109 1,236 1,294 1,157 1,306 1,421 1,480 1,578

t?miles
2,703 3,010 3,271 3,536 4,157 4,722 5,205 5,711 6,375 6,699 5,997 6,785 7,383 7,603 8,067

t
910 932 917 969 905 881 861 847 768 807 787 859 868 896 940

t?miles
4,603 4,703 4,770 4,908 4,634 4,508 4,406 4,361 3,960 4,175 4,082 4,461 4,508 4,602 4,806

t
130 143 143 149 161 169 180 199 210 215 223 263 289 289 301

t?miles
455 490 498 527 559 596 608 706 790 846 840 1,041 1,069 1,076 1,133

t
5,636 6,040 6,085 6,351 6,673 7,125 7,434 7,785 8,103 8,317 7,965 8,725 9,101 9,468 9,863

t?miles
26,942 29,567 29,892 30,185 31,949 34,269 35,605 38,033 39,283 40,264 38,254 42,232 44,282 46,162 48,191

12/11 (%) 13/12 (%)
(1)

1.5 2.3

2.4 3.1

7.8 4.5

6.7 4.4

3.7 4.4

5.8 4.4

4.2 6.6

3.0 6.1

3.2 4.9

2.1 4.4

0.0 4.2

0.7 5.3

4.0 4.2

4.2 4.4

Coal, Iron Ore, Grain Source: Clarkson

t: Million tons t?miles: Billion tons?miles

Average transport distance in 2012 was 4,182 miles for oil and petroleum products (+0.8%), 5,375 miles for the three main dry bulks (-0.9%) and 5,111 miles for the rest of dry bulks (+2.1%).

increased 40.3% to 20,900 $/day, but are still 40% lower than in 2010. Suezmaxes freights fell on average by 12.0% to 14,700 $/day while those of Aframaxes increased by 19.4%, with an average of 15,400 $/day.

Freight market
Product tankers experienced the opposite situation: after a first half of Tankers freight market remained weak in 2012 but with somewhat better average levels than in 2011. Crude oil freights increased in the first half of the year, especially in the VLCCs segment, due to increased production from Saudi Arabia and the Chinese New Year celebration. In the second half, demand for this size of vessels decreased, driving VLCC and Suezmaxes freights down to levels below operating costs. According to Platou, average rates for VLCCs Platou estimates that in 2013 the tanker fleet will grow by 4% and Clarkson that demand for crude and product transportation (in t·miles) will increase less (+3.1%) which, in this scenario of over-capacity, will bring another year of weak freights. the year with weak freight rates, the market improved in the second half, rising freights on average about 15% over the figure of 2011.

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World Seaborne Trade