Transcript AMAD SHIPPING - Maritime Saudi Arabia

AMAD SHIPPING
Oil Expansions
And Business Opportunity
For Entry In Shipping

Saudi Arabia is the biggest exporter of oil and
petrochemical in the world.

Saudi Arabia total tanker fleet dwt as of March 2010,
is 12.5 million dwt.

Saudi Arabia total tanker fleet dwt as of March 2010,
represents 3% of global fleet.
Source: Drewry
Forecasted refinery
production for Saudi Arabia
4
3.5
3
2.5
2
1.5
1
0.5
0
2008 2009 2010 2011 2012 2013 2014
Liquid chemical production
forecast for Saudi Arabia
30,000
25,000
20,000
15,000
10,000
5,000
0
2008
2009
2010
2011
2012
2013
Ethylene expansions 2008 - 2013
Tanker Trade 2005 - 2014
Tanker Utilization (%)
Investing In Shipping
Financial Reasons:
-Shipbuilding prices at their 15 years low
-High capital growth
-High future demand
Strategic Reason:
-Support the National Security
-Maintain the competitiveness of exports
-Support the GDP and the balance of trade
Recommendation
-Create a financial Channel to finance the shipping sector like
SIDF or add shipping finance to the mandate of the fund.
-Increase and improve the shipping subsidies
-Activate the government instruction to give preference to the
national fleet.