Special energy cargoes/LPG - www .iene .gr
Special energy cargoes/LPG - www .iene .gr Special energy cargoes/LPG - www .iene .gr
CHINA, CHINA, CHINA? 5 4 3 2 1 0 Chinese petchem imports (mio ton) VCM Propylene Ethylene 2003 2004 2005 2006 2007 2008 2009 2010 2011 Thousands ton 800 700 600 500 400 300 200 100 Chinese LPG trade • Strong expansion in Chinese petchem imports halted? 2009 boost explained by stimulus program, lack of and delays in domestic cracker projects • Distribution trading to close neighbors emerged overnight and provides significant employment for Pressurized ships 0 jan mar mai jul sep nov jan mar mai jul sep nov jan mar mai jul sep nov jan mar mai jul sep nov jan mar mai jul sep nov jan mar mai jul sep nov jan mar mai jul sep nov jan mar mai jul sep nov jan mar mai jul sep nov 2003 2004 2005 2006 2007 2008 2009 2010 2011 Exports Imports Source: Joachim Grieg 17
Fleet Profile 600 500 400 300 200 100 0 -100 -200 -300 1000 Cbm 0-23k 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Scrapping Deliveries Orderbook Expected scrapping Growth Negative fleet growth from 2013 and onwards 24% % Growth 18% 12% 6% 0% -6% -12% Source: Joachim Grieg 18
- Page 1 and 2: Christian Krohn-Hansen StealthGas I
- Page 3 and 4: Executive summary • What is LPG,
- Page 5 and 6: LPG (LIQUID PETROLEUM GAS) 4
- Page 7 and 8: MARKET STRUCTURE 60 45 30 15 0 45 3
- Page 9 and 10: FREIGHT MARKETS RECOVERING 1400 120
- Page 11 and 12: MEG KEY PLAYER 40 30 20 10 0 5,8 Mi
- Page 13 and 14: FLEET PROFILE 3,0 2,3 1,5 0,8 0,0 -
- Page 15 and 16: 1400 1200 1000 800 600 400 200 FREI
- Page 17: PETCHEM TRADE RECOVERING Mio ton Se
- Page 21 and 22: Summary • Significant increase in
- Page 23 and 24: Business Strategy Business Strategy
- Page 25 and 26: LPG Fleet composition • Pressuriz
- Page 27 and 28: Fleet Development • Newbuilding p
- Page 29: Company Contact: StealthGas Inc. Ko
Fleet Profile<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
-100<br />
-200<br />
-300<br />
1000 Cbm 0-23k<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
2015<br />
Scrapping Deliveries<br />
Orderbook Expected scrapping<br />
Growth<br />
Negative fleet <strong>gr</strong>owth from 2013 and onwards<br />
24%<br />
% Growth<br />
18%<br />
12%<br />
6%<br />
0%<br />
-6%<br />
-12%<br />
Source: Joachim Grieg<br />
18