Page 47: of Maritime Reporter Magazine (April 2006)

April 2006 47

Over the past quarter there has been a very strong increase in the total value of the ships and rigs on order, and on

January 1, 2006 the total value was $14.5 billion. This is an increase of 140 percent since January 1 last year. This is partly due to a very strong increase in the value of rig orders. However, in the same period there has also been a strong increase of 77 percent in the value of ship on order. Norwegian yards account- ed for the largest number of vessels on order, with 59 ships. This is an increase by 7 since October 1, 2005. One year ago Norwegian yards were ranked sec- ond with only 32 ships. On January 1, 2006 South Korea and China shared the second position with 32 ships each.

Japan will deliver 30 ships and Spain 13.

Poland will deliver 10 ships. Nine other countries will deliver 36 ships. The total of the twenty mobile offshore units on order will be delivered from yards in

Asia.

Norwegian-Owned Foreign-going Fleet

Average age of vessels

Weighted by gt

Norwegian flag Foreign Total

January 1 NOR NIS Total flag 2000 10.1 13.6 13.2 14.2 13.5 2001 10.4 13.5 13.1 13.4 13.2 2002 10.3 13.9 13.5 13.4 13.4 2003 11.5 14.1 13.8 13.3 13.7 2004 11.7 14.5 14.2 13.0 13.8 2005 12.0 14.3 14.0 13.9 14.0 2006 11.6 14.7 14.3 13.5 13.9

Norwegian-owned mobile offshore units

By activity and flag

Drilling Accommodation Total

Nor. For. Nor. For.

January 1 flag flag flag flag 2001 13 33 2 7 55 2002 11 42 1 8 62 2003 8 40 1 9 58 2004 7 41 1 11 60 2005 7 40 1 11 59 2006 6 40 - 11 57

By type January 1, 2006

Drilling Accommodation Total

Semi-submersibles 16 10 26

Jack-ups 1 1 2

Drillships 5 - 5

Floating production units 14 - 14

Tenders 10 10

Total 46 11 57

Ships on Order for Norwegian Account

Ships on Order January 1, 2006

By Type

No 1000 dwt

Ships

Passenger vessels 5 -143

Gas tankers 29 962

Chemical tankers 40 946

Oil tankers 18 1870

Bulk carriers 15 619

Other dry cargo vessels 26 482

Offshore service vessels 79 298

Total ships 212 5177

Mobile offshore units

Jackups/semis/drillships 20

Circle 247 on Reader Service Card

Norwegian-owned foreign-going fleet - development (Ships over 100 gt)

Norwegian flag Foreign Total

NOR NIS Total flag

January 1 No Mill.dwt No Mill.dwt No Mill.dwt No Mill.dwt No Mill.dwt 2000 283 4.1 757 30.2 1040 34.3 620 15.8 1660 50.1 2001 261 4.3 767 28.4 1028 32.7 702 17.3 1730 50.0 2002 240 3.7 775 29.4 1015 33.1 703 15.6 1718 48.7 2003 233 3.2 750 28.4 983 31.6 687 14.3 1670 45.9 2004 231 3.1 722 25.9 953 29.0 669 14.2 1622 43.2 2005 225 3.1 692 22.6 917 25,7 697 15,2 1614 40,9 2005 1/4 229 3.0 648 21.4 877 24.4 719 15.2 1596 39.6 2005 1/7 231 2.9 640 21.2 871 24.1 747 14.7 1618 38.8 2005 1/10 236 2.9 629 19.9 865 22.8 755 14.9 1620 37.7 2006 1/1 242 2.8 6291) 19.8 871 22.6 771 14.5 1642 37.1 1)Includes 55 foreign-owned vessels of 2.8 mill. dwt.

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