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ONMARPOLL THE MONEY

The future of shipping At the turn of the year we invited readers to vote on pertinent issues about the coming years in our industry. With more than 1,200 respondents, the poll hit a nerve or two By 2020, which nation will be the largest owner by gross tonnage?

Which city is going to be the most vibrant international maritime centre in the coming five years?

“ China

65

Greece

17

Another country

9

Japan

6

Germany

3

We will be moving away from family owned shipping China 65 companies to sovereign state Greece 17 Another country 9 shipowning/multinational Japan 6 Germany 3 commodity organisations owning shipping

Has the era of European banks as the dominant force in ship finance passed for good?

Singapore will try to hold on to the title, but Shanghai Singapore 57.73 has the hunger as well as Shanghai 29.9 London 13.4 the landmass2.06 to make it Athens Hong Kong 5.15 happen

Singapore

57.73

Shanghai

29.9

London

13.4

Athens

2.06

Hong Kong

5.15

What will be the biggest headache for shipowners in the coming five years?

The Middle East (with Islamic financing options) and the Far East will take Yes 54 over this role No 46

Yes 54

Overcapacity

42

Environmental regulations 40

No 46

Finance

Will private equity continue to play such a large role in shipping in the coming five years?

18

Yes 79 No 21

Which sector will see its supply/demand balance return to equilibrium first?

A lot of P/E investments in shipping will struggle to achieve the quick and clean Yes 79 exits that P/E desires, so No 21 we may see a second wave of P/E ‘parcel passing of assets’, restructurings and consolidation in the next five years

Shipowners in the past couple of years have jumped back into ordering 42ships with Overcapacity Environmental regulations 40 gusto. Whereas, pre-2008, we Finance 18 shot ourselves in the foot, we have now taken the gun and are pointing it at our head

Tanker operators are more sensitive to market Tankers 35.35 trends Bulkers 39.39

Containers

Tankers

25.25

35.35

Bulkers

39.39

Containers

25.25

48

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