1. Shipping's Trade and Economics52th International Boat Salon By Graziano PreviatoGenoa, Oct 12, 2012

2. CSAV Profile More than 140 years of historybased in Chile, CSAV is one of the oldest shipping companies in the worldwith strong leadership in the routes to and from both coasts of South Americaas well as important presence in the traffics of main emerging markets.CSAV Group has 36 liner services and 12 special servicesplaced 20th worldwide in terms of capacity.operated a fleet of 64 ships with a capacity close to 277,000 TEUs as of June 2012CSAV Group today is present in the most important world marketswe also offer other kinds of cargo services such as refrigerated, frozen, bulk and vehicles.After the latest successful capital increase of US$ 1,200 million, The Luksic Group became the largest shareholder with 37.44% of the company. 3. The Vessel's Economics From Maritime Economics: ...Thus, a ship is not just a transportation vehicle, it is a speculation and ...ship finance is generally regarded as a specialist business and, for example, the rating agency Moodys classifies it as exotic finance... 4. Freight Market: Shanghai Container Freight Index vs UtilizationSource: Alphaliner 5. Solution: Giant VesselsAdvantage: far lower bunker/capital per Teu Disadvantage: a far lower flexibility; To obtain the estimated advantage, the vessel has to be quite full. 6. The Environmental Pressure - OpportunitiesInternational Convention for the Prevention of Pollution from Ships (MARPOL) reduce SOx From 1/1/2013 the EEDI (Energy Efficiency Design Index) will affect quite every new building. LNG? Avoid SOx, reduce NOx, reduce CO2 by 25% 7. How the Port will have to evolveHarbors have to be ready to receive new 22000 Teus vessels, as long as 460mt, wide upto 60 mt and height upto 30 mt; More than the double of containers will have be loaded and discharged... possibly in the same timeframe... The big challenge will be the intermodal infrastructure with the Port as a rapid, efficient HUB DnV said that in 40 years LNG will be the dominant fuel for Vessels...