EUROPEAN DRY CARGO SHIPPING TRENDS

Personal IntroductionJonathan Challacombe

FICS CMILT MNI DMS PgCertLTHE

Associate Professor in Maritime Studies and International Logistics

Plymouth University

Number of ships (by total and trade)As of 31st October 2010,the world fleet was made up of 50,054 ships.

General Cargo Ships (16,224) Bulk Carriers (8,687)Container ships (4,831)Tankers (13,175)Passenger ships (6,597)TOTAL (50,054

TRADE & DEMAND

EU27 seaborne exports of dry commodities (tonnes per annum)

EU27 seaborne imports of dry commodities (tonnes per annum)

World Trade Growth

FLEET & DEMAND

ECONOMICS

VESSELS

M/V Berge Stahl

Photo: Port of Rotterdam

Greenfield sites Rongsheng example

Shipyard construction beganon 28 Oct 2005 & started building its first ship on 28 Oct 2006

It is already the largest privately owned shipyard in China and the third largest private yard in the world. It does receive strong government support

The Chinamax vessel measures 360 metres in length, 65 metres in breadth and 30.4 metres in depth.

The Panamax vessel measures length 200-230 m , draft 13 ~ 15 m ) and the breadth 32.2m

China Rongsheng Heavy Industries Delivered Ninth and Tenth VLOCs

• (9 April 2013, Hong Kong) – China Rongsheng Heavy Industries Group Holdings Limited is pleased to announce the deliveries of their ninth and tenth 380,000 DWT class Very Large Ore Carriers (“VLOCs”) at the end of March. With further enhancements in their overall shipbuilding process, the Group continues to deliver more shipbuilding products in line with low-carbon and green concepts.

New 400,000+ dwt

VALE RIO DE JANEIRO

Vale Beijing

Vale Beijing Structural Damage

In a few words, the hull plating was found to have cracked in the vicinity of a water ballast tank, and from there water was making its way into a cargo hold. Vale Beijing is classed by DNV whose preliminary inspection reportedly described (in addition to the crack in outer hull plating) fairly substantial internal damage to web frames and longitudinals in the vicinity of the water ballast tank. Informed opinion considers such damage a likely consequence of excess localised stresses in the hull structure sustained while loading the heavy ore. An available dry-dock capable of handling the 362 m (1,188 ft) long VLOC is being sought.

Maritime Propulsion Jan 1st 2012