Page 5: of Maritime Reporter Magazine (December 2017)

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The Year in Review

Biggest Owners by Value

Company/Group # of Vessels Value $B

China Cosco Shipping Corp 721 $19.2

Maersk Group 467 $14.9

Fredriksen Group 255 $13.8 $11.7 MOL 223

NYK Group 305 $10.3

Teekay Group 155 $9.6

Angelicoussis Group 127 $7.6

Economou Group 146 $6.9

K Line Group 170 $6.5

BW Group 134 $6.4

Rest of World 47,764 $659.0

Top Spender Countries on Second Hand Sales of 2017

Country # of Vessels Spend $

Norway 144 $4,842

Greece 256 $3,811

United States of America 110 $2,364

China 175 $2,239

South Korea 60 $985

Singapore 68 $974

Japan 30 $655

United Kingdom 45 $580

United Arab Emirates 32 $561

Monaco 24 $468

Top Spender Companies/Groups on Second Hand Sales of 2017

Company/Group Number of Vessels Spend $

Borr Drilling 24 $2,789

Fredriksen Group 17 $886

DHT Group 11 $538

China Merchants Group 8 $462

Bank of Communicat ons 10 $403

JP Morgan Global Marit me 17 $387

Ceres Group 17 $380

Economou Group 12 $367

Navios Group 29 $367

Samra Midas Group 24 $331

Top Scrapper Countries by Gross Tonnage in 2017 Top Scrapper Companies/Groups by Gross Tonnage in 2017

Country # of Vessels Tonnage GT Company/Group # of Vessels Tonnage GT

China 117 3,278,582 China Cosco Shipping Corp. 55 1,640,912

Greece 60 2,100,084 NITC 5 643,117

South Korea 28 1,496,257 Maersk Group 16 593,602

Germany 39 1,466,486 Sinokor Merchant Marine 5 332,073

Singapore 33 1,166,850 Angelicoussis Group 2 309,994

Iran 10 791,898 Polaris Shipping 2 304,141

India 27 747,782 Quantum Paci? c Shipping 5 292,114

USA 21 557,011 Neu Seeschi? ahrt 2 261,542

Turkey 25 509,056 MSC 7 257,842

Switzerland 13 467,693 Avin Internat onal 5 253,864 www.marinelink.com 5

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