WORLD BULK CARRIER FLEET (*) PROFILE AS OF JANUARY 1, 2016

AVERAGE DIMENSIONS, SPEED IN SERVICE ON ORDER

SIZE GROUP BY LENGTH BEAM DRAFT SPEED DWT Average DWT Average
DWT (Feet) (Feet) (Feet) (Knots) SHIPS (000s) DWT SHIPS (000s) DWT

Handy Size (10,000-29,999 dwt)

10,000-19,999 455,1 70,2 26,9 13.1 614 9,031 14,708 17 214 12,588
20,000-24,999 519,1 81,0 31,2 13.6 348 7,954 22,855 8 177 22,075
25,000-29,999 560,7 86,3 32,2 13.9 745 20,834 27,965 13 361 27,776
Handymax (35,000-59,999 dwt)
30,000-39,999 594,5 93,8 33,8 14.2 1,551 54,049 34,848 359 13,348 37,179
40,000-49,999 625,4 102,4 37,4 14.2 838 38,388 45,809 39 1,773 45,465
50,000-59,999 633,6 106 41,3 14.3 2,482 141,021 56,818 562 34,820 61,957
Panamax (60,000-79,999 dwt)
60,000-79,999 738,9 106,3 45,6 14.2 1,329 99,195 74,639 25 1,906 76,245
Cape Size (80,000 dwt and over)
80,000 - 99,999 784,5 113,2 47,2 14,3 1,124 96,222 85,607 308 25,483 82,735
100,000-119,000 827,8 141,1 46,9 14,6 125 14,079 112,635 5 551 110,136
120,000-159,999 888,8 142,7 55,8 14 69 10,193 147,720 9 1,322 146,888
160,000 & over 979,4 156,5 60,4 14,8 1,437 285,094 198,395 226 46,652 206,425
TOTALS 684,4 107,9 42 14,2 10,662 776,060 72,787 1,571 126,606 80,590
(*) Excludes vessels confined to the Great Lakes Source: The Bulk Carrier Register 2016, pp. 13, 17-18.

WORLD BULK CARRIER FLEET (*) PROFILE AS OF JANUARY 1, 2016

AVERAGE DIMENSIONS, SPEED IN SERVICE ON ORDER

SIZE GROUP BY LENGTH BEAM DRAFT SPEED DWT Average DWT Average
DWT (m) (m) (m) (Knots) SHIPS (000s) DWT SHIPS (000s) DWT

Handy Size (10,000-29,999 dwt)

10,000-19,999 138,71 21,40 8,20 13.1 614 9,031 14,708 17 214 12,588
20,000-24,999 158,22 24,69 9,51 13.6 348 7,954 22,855 8 177 22,075
25,000-29,999 170,90 26,30 9,81 13.9 745 20,834 27,965 13 361 27,776
Handymax (35,000-59,999 dwt)
30,000-39,999 181,20 28,59 10,30 14.2 1,551 54,049 34,848 359 13,348 37,179
40,000-49,999 190,62 31,21 11,40 14.2 838 38,388 45,809 39 1,773 45,465
50,000-59,999 193,12 32,31 12,59 14.3 2,482 141,021 56,818 562 34,820 61,957
Panamax (60,000-79,999 dwt)
60,000-79,999 225,22 32,40 13,90 14.2 1,329 99,195 74,639 25 1,906 76,245
Cape Size (80,000 dwt and over)
80,000 - 99,999 239,12 34,50 14,39 14.3 1,124 96,222 85,607 308 25,483 82,735
100,000-119,000 252,31 43,01 14,30 14.6 125 14,079 112,635 5 551 110,136
120,000-159,999 270,91 43,49 17,01 14.0 69 10,193 147,720 9 1,322 146,888
160,000 & over 298,52 47,70 18,41 14.8 1,437 285,094 198,395 226 46,652 206,425
TOTALS 208,61 32,89 12,80 14.2 10,662 776,060 72,787 1,571 126,606 80,590
(*) Excludes vessels confined to the Great Lakes Source: The Bulk Carrier Register 2016, pp. 13, 17-18.