Special energy cargoes/LPG - www .iene .gr
Special energy cargoes/LPG - www .iene .gr
Special energy cargoes/LPG - www .iene .gr
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PETCHEM TRADE<br />
RECOVERING<br />
Mio ton Seaborne chemical gas trade<br />
18<br />
16<br />
14<br />
12<br />
10<br />
8<br />
6<br />
4<br />
2<br />
0<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
% Growth<br />
• Cyclical petchem trades rebounding from the crisis<br />
75%<br />
60%<br />
45%<br />
30%<br />
15%<br />
0%<br />
-15%<br />
-30%<br />
Ethylene Propylene VCM Butad<strong>iene</strong> Ton % Cbm %<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
2015<br />
300<br />
250<br />
200<br />
150<br />
100<br />
144<br />
Seaborne trade vs production 2010<br />
(Mio ton)<br />
• The trade % production shares are stable over time<br />
• More More longhaul longhaul volumes volumes will will add add to to handy handy ship ship demand demand over over time time<br />
50<br />
0<br />
77<br />
40<br />
5 3 10 2 3<br />
246<br />
149<br />
Ethylene PropyleneButad<strong>iene</strong>s VCM <strong>LPG</strong> NH3<br />
57<br />
17<br />
Production Trade Trade % Production<br />
Source: Joachim Grieg<br />
16<br />
25 %<br />
20 %<br />
15 %<br />
10 %<br />
5 %<br />
0 %
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