COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD. * 1138 27%121 0.75 1.85-1 -
1 4 12,099,685 9,504,935 (10,304,074) (7,251,227) 1,795,611 2,253,708 5 221,919 878,734 (22,805) (29,206) (770,338) (633,986) (31,761) (53,781) 276,245 266,902 231,906 151,591 6 (1,287,714) (778,949) 413,063 2,055,013 7 (119,657) (161,644) 293,406 1,893,369 (30,622) (11,630) 5,670 343,201 (455,439) 87,051 33,929 (16,600) 56,139 44,553 (2,553) (8,476) 76,449 (91,988) 464,913 (435,229) 758,319 1,458,140-2 -
1 74,679 1,774,648 218,727 118,721 293,406 1,893,369 505,429 1,272,515 252,890 185,625 758,319 1,458,140 9 1.85 44.01 8-3 -
- 4-21,286 1,136,626 49,330,845 44,891,193 74,842 77,221 73,325 58,168 2,363,511 2,217,731 2,844,733 2,216,503 1,447,227 2,092,689 395,717 268,278 47,568 49,906 56,471,615 53,135,754 13,137 27,077 926,847 656,220 1,057,468 752,110 954,378 722,721 593,551 3,587 10,536 858 100 3,467,924 5,011,256 6,944,652 7,253,118 1,454,436 1,046,561 59,528 731,296 798,647 54,621 7,036,564 6,878,518 67,493 73,615 1,498,439 11,890 12,080 21,930 11,139 10,881,576 8,875,181 3,936,924 1,622,063 52,534,691 51,513,691
4,032,033 4,032,033 24,159,587 23,891,210 28,191,620 27,923,243 1,080,578 342,249 29,272,198 28,265,492 15,320 15,318 352,382 422,575 18,786,375 17,272,227 1,109,592 1,068,853 2,491,252 3,985,777 141,750 130,300 365,822 353,149 23,262,493 23,248,199 52,534,691 51,513,691-5 -
1. 188 A-1015 670 (a) (b) (c) (d) 100% 3,253,400 5 396,551,000 51% - 6 -
H A 2. 2.1 2.2-7 -
3. (a) 2 9 15 15 15 40 22 28 1-8 -
9 15 (i) (ii) (iii) (iv) 9 15 395,717 (395,717) 309,030 309,030 92,884 92,884 53,135,754 6,197 53,141,951 954,378 (465,062) 489,316 465,062 465,062 7,253,118 7,253,118 60,388,872 6,197 60,395,069 798,647 (13,033) 785,614 13,033 13,033 8,875,181 8,875,181 32,123,380 32,123,380 23,891,210 6,197 23,897,407 28,265,492 6,197 28,271,689-9 -
(i) 9 9 39 9 (ii) 9 39 46,055 13,420,644 6,197 (46,055) 46,055 46,055 13,426,841 9 9-10 -
(ii) 9 9-11 -
(iii) 15 2018 1 1 (iv) 15 15 15 (b) 16 16 16. 4. (i)(ii) (i) - 12 -
(ii) 9,999,527 1,016,539 7,257,758 1,416,349 788,766 77,164 1,486,470 491,844 10,788,293 1,093,703 8,744,228 1,908,193 1,311,392 701,908 760,707 345,515 12,099,685 1,795,611 9,504,935 2,253,708 221,919 878,734 (22,805) (29,206) (770,338) (633,986) (31,761) (53,781) 276,245 266,902 231,906 151,591 (1,287,714) (778,949) 413,063 2,055,013-13 -
53,509,797 42,609,650 9,906,470 17,779,222 63,416,267 60,388,872 23,784,623 17,605,966 10,359,446 14,517,414 34,144,069 32,123,380 LNG LPG37,816,410,000 34,189,840,000 9,326,902,000 6,007,601,000 111,933,000 119,179,000-14 -
4,201,183 1,131,956 2,889,790 1,024,133 7,898,502 663,655 6,615,145 1,229,575 12,099,685 1,795,611 9,504,935 2,253,708 221,919 878,734 (22,805) (29,206) (770,338) (633,986) (31,761) (53,781) 276,245 266,902 231,906 151,591 (1,287,714) (778,949) 413,063 2,055,013 3,530,996 29,780 3,560,776 2,132,062 51,051 2,183,113 (73) (73) 42,372 66,532 108,904 4,996,828 1,077,408 6,074,236 1,759,632 150,431 1,910,063 98,809 60,794 159,603 156 (13) 143 28,686 124,012 152,698-15 -
2 2 2,417,033 2,167,284 2,021,214 1,437,019 5. 65,043 472,396 28,579 58,688 80,325 94,010 7,599 8,701 14,300 19,971 32,421 117,067 229,369 769,731 632 33,219 (8,670) 75,641 661 (73) 143 (7,450) 109,003 221,919 878,734-16 -
6. 1,042,093 653,053 206,464 206,282 56,139 44,553 22,799 33,082 1,327,495 936,970 (39,781) (158,021) 1,287,714 778,949 3.23% 4.27% 2% 4.78% 7. (i) 102,201 102,365 (221) 27,778 (ii) 782 753 28 (34) (iii) 296 215 103,086 131,077 16,571 30,567 119,657 161,644-17 -
(i) 25% 25% (ii) 8. 16.5% 16.5% (iii) 0.05 0.19 201,602 766,086 0.05 201,602,000 80,641,000 0.02 9. 74,679,000 1,774,648,000 4,032,033 4,032,033 10. - 18 -
(LNG) 2018 12 31 151 2,188137 1,902 14 287 16 306 55%2018 3 COA(POOL) 80% 85-90% - 19 -
TD3 VLCC1.28 2011 10.5 2008 8 LNGLNG 50% (CLNG)LNG 2018 12 31 38 LNG LNG 26 435 LNG 12 208 LNG (Liquefied Natural Gas)(-163 ) 1/625 LNG LNG LNG LNG LNG 80% LNG LNG LNG LNG LNG LNGLNG - 20 -
38 LNG LNG LNGLNG LNG (1) 2018OPEC 380CST 2018 1-9 VLCC (TD3C)10,413 42.8% 40%-50% 2018 2018 10-12 VLCC (TD3C) 44,794 330% - 21 -
2018 2.4%15 103 1780 VLCC (TD3C) WS 56.68 14.6% 18,802 1.1% (2) 2018 (3) LNG 2018LNG 5,400 41% LNG 18% 9% 9 85% 2018 LNG 3.18 9% 2018 LNG528 7,815 2018 11.6% - 22 -
LNG 16 DFDE LNG 84,075 108.62% 2018 648,95917.0% 1.55 29.54% 5,453.72 34.05% 121.00 27.3% 103.04 38.5% 7,468 95.8% EBITDA 38.8 18.1% 2018 VLCC 45.8% LNG LNG 4.172.9% - 23 -
(1) (%) (%) (%) 2,385,793 1,548,356 35.1 (2.3) 2.4 (3.0) 1,698,758 1,438,870 15.3 420.1 459.2 (5.9) 108,268 75,848 29.9 (0.3) (12.6) 9.8 4,192,819 3,063,074 26.9 45.8 65.0 (8.5) 5,197,298 5,225,048 (0.5) 31.2 40.3 (6.5) 717,678 770,714 (7.4) 35.6 28.6 5.8 680,498 635,754 6.6 (50.6) (30.0) (27.5) 6,595,474 6,631,516 (0.5) 12.4 26.8 (11.4) 10,788,293 9,694,590 10.1 23.4 36.8 (8.8) LNG 1,180,760 519,196 56.0 90.5 102.6 (2.6) LPG 8,363 6,153 26.4 (36.2) (34.2) (2.3) LPG 94,741 59,376 37.3 19.3 18.0 0.7 27,528 24,759 10.1 (43.0) (35.5) (10.4) 12,099,685 10,304,074 14.8 27.3 38.5 (6.9) - 24 -
(%) (%) (%) 4,201,183 3,069,227 26.9 45.4 64.5 (8.5) 7,898,502 7,234,847 8.4 19.4 29.7 (7.3) 12,099,685 10,304,074 14.8 27.3 38.5 (6.9) 2018 2017 2018 2017 (%) (%) 5,121.19 5,094.23 0.53 157.76 174.16 (9.42) 1,670.17 325.33 413.38 151.03 39.91 278.44 6,791.36 5,419.56 25.31 308.79 214.07 44.25 7,813.03 5,879.80 32.88 4,860.86 3,635.27 33.71 847.30 635.85 33.25 281.87 217.91 29.35 8,660.33 6,515.65 32.92 5,142.73 3,853.18 33.47 15,451.69 11,935.21 29.46 5,451.52 4,067.25 34.03 LPG 31.90 17.11 86.44 2.20 1.03 113.59 15,483.59 11,952.32 29.54 5,453.72 4,068.28 34.05-25 -
(2) 2018 2018 12 31 151 2,18829 315 2018 8,660 32.9%; 5,143 33.5%66.0 12.4% VLCC (1) (2) 5 VLCC COA VLCC (3) VLCC - 26 -
2018 308.8 44.3%41.9 45.8% (1) 420.1% 274.9% (2) COA 92% (3) 2018 15-27 -
LNG 2018 LNG 10 173LNG 2018 12 31 26 435LNG 12 208 LNG 20202018 LNG 4.1 72.9% (1) LNG 19 LNG1814 Arc7 LNG201814 LNG 7 LNG2018 7 LNG Vladimir Rusanov (2) LNG LNG LNG (3) LNG LNG 2018 LNG LNG LNG - 28 -
2018 34.1% 31.3% 2018 103.0 38.5% (%) (%) 3,238,972 2,027,482 59.8 31.4 761,784 631,625 20.6 7.4 1,421,538 1,179,235 20.5 13.8 248,159 192,188 29.1 2.4 2,129,702 1,871,003 13.8 20.7 168,064 157,348 6.8 1.6 305,787 245,921 24.3 3.0 1,583,991 580,827 172.7 15.4 446,077 556,548 (19.8) 4.3 10,304,074 7,442,177 38.5 100.00 (1) 2018 1,116 8.62 1.39 2.882.04 9.2% - 29 -
(2) 11 13.5 (3) CAP CLNG 50% 369.1 1,147,321 524,795 40% 156.2 1,305,378 451,619-30 -
1. 2,156,032,000 3,448,724,00037.48% 2. (i) 6,446,633 9,563,431 (ii) 179,130 487,255 6,625,763 10,050,686 (i) (ii) CLNG 0 298,709,000 2,565,694,000 1,430,809,000-31 -
3. 30,989,715 29,278,990 (3,467,924) (5,011,256) 27,521,791 24,267,734 29,272,198 28,265,492 94% 86% 4. 606,607 962,975 10,077 5,383 165,588 750 782,272 969,108 (30,162) (14,730) 752,110 954,378 1,062,112 (4,644) 1,057,468-32 -
1,148,022,000 513,039,000 456,023 758,926 84,309 83,273 52,735 43,543 54,197 27,575 82,261 41,061 22,585 752,110 954,378 5. 954,860 685,852 1,985 468,505 301,427 6,481 3,267 24,590 54,030 1,454,436 1,046,561-33 -
193,532,000 563,810,000 1,042,210 626,597 107,812 75,940 29,829 73,324 41,830 60,941 223,758 15,995 8,997 193,764 1,454,436 1,046,561-34 -
6. 54,621 15,320 15,318 15,320 69,939 (54,621) 15,320 15,318 7. 564,773,0003,876,150,000 554,364,0003,804,711,000 2031 2032 2033 Libor 2.20% Libor 2.20% - 35 -
8. (i) 1,302,590 1,216,509 4,361,564 4,289,599 5,664,154 5,506,108 (ii) 1,372,410 1,372,410 7,036,564 6,878,518 (i) 15,865,245 14,068,254 2,745,280 2,995,123 18,610,525 17,063,377 (ii) 175,850 208,850 18,786,375 17,272,227 44 39 0 4 25,528,346,000 19,998,023,000 0 3,216,511,000 17,167,835,000 15,085,062,000 7,106,844,000 6,704,422,000-36 -
9. 3,985,777 3,982,045 3,914 3,732 (1,498,439) 2,491,252 3,985,777 10. (i) Aquarius LNG Shipping Limited LNG Gemini LNG Shipping Limited LNG Capricorn LNG Shipping Limited LNG Aries LNG Shipping Limited LNG 4 LNG LNG 4 LNG LNG LNG LNG Papua New Guinea Liquefied Natural Gas Global Company LDC Papua New Guinea Liquefied Natural Gas Global Company LDC Mobil Australia Resources Company Pty Ltd. Mobil Australia Resources Company Pty Ltd. (1) (2) 30% - 37 -
8,200,00056,278,240 4LNG (ii) LNG DY Maritime Limited 167,000,0001,146,154,400 6,400,00043,924,480 (iii) 377.5 2,590,858,000 3 50% 3 3 12 11. 1% 3,808,000 6,729,000-38 -
12. 100 122,576,000 111,606,000 1 43 31 8 154.2 10 LNG173.2-39 -
2018 8 154.2 LNG 2 35 LNG 8 138.4 2018 12 31 137 1,902 8.7 16 305.8 LPG 5 1 11.8 LNG 6 105 1.4 148 1,903/105 8.5 16 305.8 14 287 8.4 14 287 8.4 9 72 8.2 3 19.5 LNG 20 330 3.8 12 207.5 29 72/330 5.2 15 19.5/207.5 191 2,262/435 8.0 31 325.3/207.5 1 2019 OPEC 62019 2 100% OPEC 2018 IEA 2019140 2019-40 -
2019 2017-20182019 2019 1 VLCC 9,300 2018 8,150 14% 2019 215 22% 2019 IMO 2019 2019 1,000 2017-2020 1.1 2018-2020 2020 2020 VLCC - 41 -
LNG BP 2019 2019-2040 1.7% LNG 2017 LNG LNG 2018 4.12 3,000 6,3801.91 LNG 2019 2810 2600 LNG 10.6 LNG 35-40 2019 15-20 LNG 36 5 6 7.2% LNG 2019 LNG - 42 -
2 3 2019 1 11.4 LNG 9 155.3 152 2,199 LNG 35 590 2019 2019 5,579 141.8117.9 4 2019 2 + 2019 VLCC POOL VLCC VLCC - 43 -
LNG LNG LNG - 44 -
1 H 2 12% 200927 5% 3 (i) 19% 20% 19% 20% 37,767,000 77,473,000-45 -
(ii) 4 5% 1.25% 5 15,680,000 22,459,000 5% 30,000 229,000 292,000 A 133 35,460,000-46 -
5 XV A 475,000 (L) 0.02% 0.01% A 475,000 (L) 0.02% 0.01% (1) A A (2) L (3) 475,000 475,000 (4) 475,000 475,000-47 -
6 7 A.6.7-48 -
8 9 10 11 6,854 6,257 21.53 18.74-49 -
12 http://www. coscoshippingenergy.com * - 50 -