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June 2005 39 World Fleet Development Year Tankers Bulk Comb. Others Total Carrier Carriers 1995 270.9 229.9 25.9 134.8 661.5 1996 270.5 241.3 20.7 140.9 673.4 1997 275.2 250 17.3 149.1 691.5 1998 279.5 260.7 16.9 155.3 712.4 1999 285.2 260.4 16.1 160.9 722.6 2000 289.5 264.8 15.2 166.7 736.2 2001 296.4 274 14.6 169.3 754.3 2002 290 287.4 13.8 174.7 765.9 2003 294.2 295 12.6 181.2 783 2004 305.2 303.3 12.2 189.6 810.3 2005 322.1 320.8 11.7 200.5 855 Source: The Platou Report 2005 (www.platou.com) New Orders Mill. DWT Start Tankers Bulk Carriers Total 1995 6.2 17.7 34.2 1996 13.5 12.7 35.3 1997 29.5 17.9 52 1998 18.8 10.4 34.5 1999 16.3 18.5 43.1 2000 35.7 14.5 67.9 2001 26.9 8.7 46.1 2002 19.3 21.9 49.6 2003 49.3 27.9 104.7 2004 36.2 28.8 93.1 Source: The Platou Report 2005 (www.platou.com) Tonnage Sold For Scrapping, Lost & Other Removals Mill. DWT Year Tankers Bulk Carriers Total 1995 10.9 2.6 15.7 1996 6.8 8.5 17.9 1997 3.7 7.9 16.4 1998 7 11.8 23.1 1999 16.4 9.1 30.3 2000 14.1 4.4 22.1 2001 19.7 7.2 31.7 2002 19.3 6 30.4 2003 18.9 3.5 25.9 2004 10.3 0.8 12.6 Source: The Platou Report 2005 (www.platou.com) Second Hand Prices of 5-Year-Old Tankers Mill $ Start MR Product Aframax Suezmax VLCC 1995 21 30 33 53 1996 24 31 36 54 1997 24 32 38 60 1998 25 37 42 65 1999 16 26 36 47 2000 19 24 35.5 53 2001 25.5 41 49 70 2002 20.5 31 38 60.5 2003 21 28 37 52 2004 28 38 48 72 2005 39 56 71.5 106 Source: The Platou Report 2005 (www.platou.com) Second Hand Prices of 5-Year-Old Bulk Carriers Mill $ Start Handymax Panamax Capesize 1995 20 20.8 32 1996 21 22 28 1997 19 19 25 1998 18.5 20.5 30 1999 13 14 23.5 2000 16 17.5 28 2001 15.5 16 27 2002 12.2 13.4 22 2003 14.8 16.5 27.5 2004 20.5 27.5 45 2005 31 38 64 Source: The Platou Report 2005 (www.platou.com) Circle 308 on Reader Service Card Wagner Marine Technologies Phone 604.940.4545 - Fax 604.940.4566 Email: inquiries@summerequipment.com www.wagnersteering.com Engineered Marine Steering Solutions Circle 311 on Reader Service Card 2005 YEARBOOK MR JUNE 2005 #5 (33-40).qxd 6/3/2005 9:09 AM Page 39
