1. Opportunities in Dry Bulk Shipping
City University Business School
4th Athens Triennial Meeting
November 11, 2017
Opportunities in Dry Bulk Shipping
Nikolaos Triantafyllakis

2. DRY BULK DEMAND – SOUTHERN HEMISPHERE

3. NEW DEVELOPMENTS – IRON ORE TRADES
AUSTRALIA
HERB ELLIOTT PORT (NEW)
CAPE LAMBERT (EXPANSION)
ANKETELL POINT (NEW)
PORT HEDLAND (EXPANSION)
DAMPIER (EXPANSION)
BRAZIL
PONTA DA MADEIRA (EXPANSION)
TUBARAO (EXPANSION)
SEPETIBA BAY (EXPANSION)
ACU SUPERPORT (NEW)
ESPIRITO SANTOS (NEW)
WEST AFRICA
NOUADHIBOU MAURITANIA (ZOUERAT MINE)
SALDANHA, SOUTH AFRICA (SISHEN, KHUMANI, KOLOMELA MINES) LOLABE,CAMEROON (MBALAM MINE)
POINTE NOIRE, REPUBLIC OF CONGO (MAYOKO MINE)
CAP SANTA CLARA, GABON (BELINGA MINE)
FORECARIAH, GUINEA + DIDIA, LIBERIA (SIMANDOU PROJECT)
BUCHANAN, LIBERIA (NIMBA, DIEVE, YEKEPA MINES)
MAKATAN PORT, GUINEA (KALIA, FORECARIAH MINES)
PEPEL PORT, SIERRA LEONE (TONKOLILI + MARAMPA MINES)
ALADJA PORT, NIGERIA (ITAKIE MINE)
NAGA FRIA PORT, NAMIMBIA
OTHER REGIONS
BAFFIN ISLAND, CANADA, NORTH ARCTIC
PORT OF SOHAR, OMAN
SUBIC BAY, PHILIPPINES
RICHARDS BAY, SOUTH AFRICA (EXPANSION)
ORISSA MINING, INDIA
NARVIK, NORWAY (EXPANSION)
LULEA, SWEDEN (EXPANSION)
HUASCO PORT, CHILE (EXPANSION)
CARAJAS MINE, AMAZON RIVER BRAZIL (NEW)

4. NEW DEVELOPMENTS – COAL TRADES
AUSTRALIA
ABBOT POINT, Galilee Basin (NEW)
NEWCASTLE (EXPANSION)
GLADSTONE (WIGGINS ISLAND) (EXPANSION )
PORT KEMBLA (EXPANSION)
USA
MISSISSIPPI RIVER – BURNSIDE TERMINAL (EXPANSION)
HOUSTON (EXPANSION)
MOZAMBIQUE
BEIRA (NEW)
MAPUTO (NEW) NACALA (NEW)

5. NEW EXPORT ROUTES FOR COAL AND IRON ORE* * * * * * * * * * * * * * * * * * * * * * * * * * * *
New and existing ports (under expansion)

6. ONE BELT ONE ROAD Initiative
Aiming to increase connectivity and cooperation along trade routes
Along the maritime road, countries in SE Asia, Middle East and Africa
are set to benefit most
signatory countries so far
3,409 million people affected
Estimated infrastructure investment of USD 23 trillion by 2030,
or 1.7 trillion per annum!
150 million tons of incremental steel demand mostly coming from China

7. ONE BELT ONE ROAD – MARITIME TRADE* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

8. * HAMBANTOTA, SRI LANKA Linking Suez Canal with SE Asia
Transhipment center
Deep water port
Free trade zone
Oil storage, refining and bunkering facilities
Vessel maintenance & repair services
5 days closer to East Africa ports compared with Singapore
(Aden to Richards Bay range)
- Its importance can increase further if Southern Thailand canal is built *

9. HAMBANTOTA, SRI LANKA – THE NEW SINGAPORE ?
Hambantota Port
Singapore Port * *

10. THE NEW PANAMA CANAL
Can accommodate vessels up to 366m LOA | 49m Beam | 15,2m TFW
Exports out of EC Canada, USEC, NCSA heading west to Asia, SE Asia will
be routed via the new Panama Canal
- Trade off versus COGH
Tariff policy implemented in favour of larger vessels – cargo stems will
increase accordingly
Cargoes affected: Grains, Coal, Iron Ore
Arbitrage Opportunities
Increased intra continental trades from WC South America to USC / USEC

11. THE NEW PANAMA CANAL - POTENTIAL TRADE FLOWS
Shanghai *
Fortaleza *
40oW

12. TRADE DISRUPTIONS – THE CASE OF MEXICO
Wheat
Coal
(Aus)
Corn
ANNUAL TRADE BETWEEN USA / MEXICO
13.8 M TONS CORN
2.7 M TONS WHEAT
2.7 M TONS COAL

13. Nikolaos Triantafyllakis
Thanks for listening !
Nikolaos Triantafyllakis