This page only provides entry information and excerpts. This site does not reproduce the full text of the report——The copyright of this report belongs to the issuing organization,
For the complete content, please access the original link above.
opening excerpt
5
EXECUTIVE SUMMARY
- WORLD DEMAND INDICATORS
• Global trade volumes at 2008 levels
Global trade volumes increased 19% during
first-half 2010. Global trade volumes are
approximately back at pre-crisis levels.
5
World trade volumes up 13.5% in 2010
By increasing 13.5% in 2010, 2010 volumes are back at 2008 levels
120
133
145
158
170
2005 2006 2007 2008 2009 2010 2011
Index (2000 = 100)
120
133
145
158
170
Index (2000 = 100)
Sources: Reuters EcoWin, Danish Ship Finance WTO forecast
World trade volumes
Annual average trade volumes
• Supply up 17% from 2008-2010
The combined capacity of the Container, Tanker
and Dry Bulk fleets has increased approximately
17% since 2008. With demand volumes back at
2008 levels, many segments are struggling to
utilize the full potential of the fleet.
The global orderbook declines as more tonnage is being
delivered than contracted
58%
39%
-80
-40
-
40
80
120
1996
1997
19
98
19
99
2000
2001
200
2
2003
2004
2005
2006
2007
20
08
2009
2010
Million cgt
-47%
-23%
0%
23%
47%
70%
Orderbook / Fleet ratio
World Contracting World DeliveriesSources: Clarksons, Danish Ship Finance
World Contracting
World Deliveries Orderbook / Fleet ratio* >>