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Odfjell SE Annual Report 2012

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estimation of world<br />

seaborne ethylene trade<br />

Kilo Tons<br />

7 000<br />

Million cbm miles<br />

30 000<br />

6 000<br />

5 000<br />

4 000<br />

3 000<br />

2 000<br />

1 000<br />

0<br />

06 07 08 09 10 11 12 13 14 15 16<br />

Tonnes<br />

Cubic Meter Miles<br />

25 000<br />

20 000<br />

15 000<br />

10 000<br />

Source: ViaMar AS<br />

estimated demand<br />

composition<br />

(for small size vessel group)<br />

Measured in cbm/miles<br />

33% LPG<br />

11% Ammonia<br />

20% Ethylene<br />

14% Propylene<br />

14% Butadiene<br />

7% VCM<br />

Source: ViaMar AS<br />

Fleet development<br />

Small Size Segment<br />

(0 - 22,999 cmb incl. forecast)<br />

500 000<br />

400 000<br />

300 000<br />

200 000<br />

100 000<br />

0<br />

-100 000<br />

-200 000<br />

91<br />

odfjell annual report <strong>2012</strong><br />

-300 000<br />

06 07 08 09 10 11 12 13 14 15 16<br />

Newbuilding<br />

Scrapping<br />

Net <strong>Annual</strong> Growth<br />

Source: ViaMar AS

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