LPG Shipping and LogisticsLPGShippingandLogistics

A Day at the OfficeADayattheOffice

AGW / WSNP / UCEAGW/WSNP/UCE

VLGC 80 000cbmVLGC80,000cbm

Midsize 35 000cbmMid size35,000cbm

Small 4 000cbmSmall4,000cbm

Regional LPG Shipping PatternRegionalLPGShippingPattern

STS OperationsSTSOperations

GasCarrierFleetvsMainVesselType

5088715 9000

10000

500

600

s

h

i

p

s

w

t

t

o

n

s

Existingfleet

7544

6000

7000

8000

400

500

M

i

l

l

i

o

n

d

w

4000

5000

6000

200

300

60 9041000

2000

3000

100

200

150

1000

DRY TANKER LPG

dwttons(LHaxis) ships(RHaxis)

Gas Carriers Fleet by Size and TypeGasCarriersFleetbySizeandType

Gas Carrier CargoesGasCarrierCargoes

LPG(Butane,Propane):DomesticandIndustrialuses

Ammonia:Fertilizer(80%)

PetrochemicalGases:Eth l i l i f i i d Ethylenevariousplasticscomponents,fruitindustry

BTDsyntheticrubber(automobiletyres) VCMconvertedintoPVC(construction,medical,automobileindustry)

P l Propyleneplasticsproduction

NB SnP and DemoNB,SnPandDemo

ShipType/Size

5000CbmPressurized

20000CbmSemiRef

VeryLargeGasCarrier

NewbuildingEstimatedPriceinM$

19/21 42/43 72

SecondHandValueafter 10 years in M$

13 25 55after10yearsinM$

Demolition Price in M$ 1 5 5 7/10DemolitionPriceinM$ 1.5 5 7/10

LPG Production and ForecastsLPGProductionandForecasts

Newbuilding Order BookNewbuildingOrderBook

Freight MarketsFreightMarkets

TC versus Bunker PricesTCversusBunkerPrices

LPG Pricing ZonesLPGPricingZones

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