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/ WORLD SHIPBUILDING ORDERBOOK Dimensions Engines Owner (m) SHIPYARD Delivery Vessel Name/Type GT Dimensions Engines Owner Deliver) (m) Hull No. L-l 51 /Container n/a n/a A.P. Moller '94 Hull No. L-152/Container n/a n/a A. P. Moller '94 Hull No. L-l 53/Container n/a n/a A.P. Moller '94 Hull No. L-148/VLCC n/a n/a VELA '94 Hull No. L-149/VLCC n/a n/a VELA '94 Hull No. L-150/VLCC n/a n/a VELA '95 Hull No. L-145/VLCC n/a n/a A.P. Moller '95 Hull No. L-146/VLCC n/a n/a A.P. Moller '95 Sasebo Heavy Industries, Co., Japan New Vitality/Tanker n/a 319x56x30 B&W Honey Berry 7/93 Tanker n/a 319x56x29 B&W Mitsui O.S.K. 12/93 (2) Bulkers n/a 143 x 24 x 18 B&W Yick Fung 1/94 & 4/94 (2) Bulkers n/a 215 x 32 x 18 B&W Nippon Yusen 6/94 & 8/94 (2) Bulkers n/a 215 x 32 x 18 B&W Mitsui O.S.K. 9/94 & 11/94 Stocznia Gdanska S.A., Poland (Hull #) B500/01 /Containership n/a 190 x 32 x 19 n/a SCAC Delmas 10/93 B369/05/Reefer n/a 138 x 23 x 13 n/a Aldgate Reefer 6/93 B369/06/Reefer n/a 138 x 23 x 13 n/a Moorgate Reefer 8/93 B811/01/Passenger Vessel n/a n/a n/a Polskie Zagle n/a B501 /I/01 /Passenger/RoRo n/a n/a n/a Finnlines Group Oy n/a B500/02/Containership n/a n/a n/a Societe Naval Et n/a Commercial Delmas B501/I/02/Container n/a n/a n/a Finnlines Group Oy n/a B501 /1/03/Passenger/RoRo n/a n/a n/a Poseidon Schiffahrt n/a OHG, Lubeck B501 /1/04/Passenger/RoRo n/a n/a n/a Finnlines Group Oy n/a (4) Reefers B369/II n/a n/a n/a Dole Fresh Fruit Intl. n/a (21, 22 & 23) (6) Reefers/ B508 n/a n/a n/a Latvian Shipping n/a (1 through 6) Transfield Shipbuilding, Australia Shelf Challenger n/a 67 x 15 x 6 Deutz Woodside Offshore 11/93 Tug n/a 31 x9x3 n/a Entic 10/93 Patrol Boat n/a 32x7x2 MTU Ministry of the 8/93 Interior, Kuwait Patrol Boat n/a 32 x 8 x 2 Caterpillar Hong Kong Marine 7/93 Ulstein Industrier AS, Norway Far Grip/Offshore Service n/a 75x 18x8 n/a Farstad Shipping 9/93 Western Spirit/Seismic Research 3,700 78 x 17 x 8 n/a Western 10/93 Geophysical UT 722/Offshore Service n/a 75 x 18x8 n/a Far Remoy 11/93 UT 745/Platform Supply 4,650 83 (L) n/a A.P. Moller 7/94 Box Shape Bulk Carrier 13,000 140x20 n/a n/a 9/94 Box Shape Bulk Carrier 13,000 140x20 n/a n/a 12/94 UT 745/Platform Supply 4,650 83 (L) n/a A.P. Moller 3/95 Box Shape Bulk Carrier 13,000 140x20 n/a n/a 3/95 Union Naval De Levante, Spain Las Palmas De Gran Canaria/ 10,473 117x21 x 13 MANB&W Transmediterranea 4/93 Passenger Ferry Santa Cruz De Tenerife/ 10,473 117x21 x 13 MANB&W Transmediterranea 11 /93 Passenger Ferry The World Orderbook Currently there are 1,189 ships (16,004,867-gt) under construction around the world, according to the latest merchant shipbuilding return issued by Lloyd's Register. There are also 999 ships (21,875,233-gt) on order which have not yet been commenced. During the quarter, 414 ships (4,047,736-gt) were commenced; 422 ships (5,057,348-gt) were launched; and 390 ships (4,678,343-gt) were completed. To the date of the report, more than 67 percent of the world order book is scheduled for delivery by the end of 1994. The following is a breakdown by leading countries of the world orderbook. Country Under Construction (GT) Orders Not Commented (GT) Total Order Book Japan 5,921,541 5,124,640 11,046,181 Korea (South) 2,169,456 7,968,263 10,137,719 •China, People's Republic Of 697,109 1,176,893 1,874,002 China, Republic of (Taiwan) 380,700 424,587 805,287 Germany 751,803 999,446 1,751,249 Denmark 485,293 1,131,562 1,616,855 Italy 699,130 562,100 1,261,230 Romania 1,046,490 133,904 1,180,394 Poland 476,277 570,440 1,046,717 Brazil 577,584 376,550 954,134 Finland 279,001 487,400 766,401 Croatia 531,714 210,700 742,414 France 247,060 448,500 695,560 U.K 244,341 440,500 684,841 •Russia 76,626 515,458 592,084 Spain 280,174 175,950 456,124 •Ukraine 13,221 401,234 414,455 'Information incomplete Source: Uoyds Register Shipbuilding Returns, September, 1993 Orderbook By Vessel Type Country (In thousands GT) Tankers Bulk/Oil 0re& Bulk Carriers Carriers General Spetialized Fishing Cargo Carriers Japan 4,143 - 3,493 Korea (South) 5,505 -- 2,576 •China, People's 393 -- 1,325 Republic of China, Republic 151 -- 464 of (Taiwan) Germany 30 - -- Denmark 1,120 182 122 Italy 443 -- 126 Romania 276 -- 614 Poland 162 -- 147 Brazil 377 -- 373 Finland - -- -- Croatia 402 -- 152 France -- -- - U.K 82 -- 493 •Russia 187 -- -- Spain 223 -- -- •Ukraine 245 - 95 1,794 971 3 1,306 344 -- .. 121 6 5 .. 187 - 2 1,388 -- 44 .. 183 5 1 .... 89 209 2 .. 241 27 1 .. 616 2 31 .. 201 -- 1 -- 461 -- .... 72 68 -- -- 525 2 -- 97 .. 334 34 3 .. 153 - 31 .... 49 -- 13 WORLD TOTAL 13,996 * Information incomplete 182 10,247 7,377 2,955 214 Source: Uoyds Register Shipbuilding Returns, September, 1993 50 Maritime Reporter/Engineering News