Hafnia to Add Four Dual-fuel LR2 Newbuilds
Hafnia will soon welcome four new dual fuel LR2 product tanker additions to its fleet from China's Guangzhou Shipyard International (GSI).Owned by a joint venture of Hafnia and CSSC Shipping, the vessels will be time chartered out, including two each for TOTAL Energies and Equinor.The newbuilds are currently under construction and the first of the vessels Hafnia Languedoc, will be delivered in January 2023, with Hafnia Loire following in April. Both vessels have recently been launched from dry dock…
Pangaea Orders 2 More High Ice Class Ships
Pangaea Logistics Solutionsexpanded its order for high ice class post-panamax dry bulk 95,000 dwt. vessels at Guangzhou Shipyard International (GSI) from two to four vessels.The four ships, two for delivery in April and May 2021 and two for delivery in November 2021, will be used to service Pangaea's Arctic customer base. The two added ships, also designed with Ice Class 1A specifications, will cost $37.7 million each.Pangaea also announced a series of committed transactions to finance the ships through a $129.2 million bareboat charter structure. On delivery, each of the ships will be sold to subsidiaries of CSSC Shipping Company Limited, a leading ship leasing company listed on the Hong Kong Exchange.
Huangpu Wenchong Bags Contract for Two Vessels
Huangpu Wenchong Shipbuilding has secured newbuild contracts for a 17,000dwt asphalt carrier and a 38,800dwt bulk carrier. The eco-friendly bulk carrier is scheduled to be delivered from the shipyard by end-2017. Financial details of the deal were not disclosed. The asphalt carrier, ordered by Tianjin Southwest Marine, is scheduled for delivery in 2017. The bulk carrier was ordered by CSSC Shipping (Hong Kong), the shipowning division of CSSC. Delivery is scheduled at the end of 2017. According to local media, bulker operators would be selective and choose only to build energy efficient and environmentally friendly ships such as the yard’s eco-friendly 38,800 dwt bulkers.
Latest Global Shipbuilding Orders
The focus this week being on the Ultramax and Handysize sectors. It was reported this week that that d’Amico Ireland Ltd have placed an order for four firm 64,000 DWT Ultramax at Yangfan, with delivery of all vessels in 2016 and pricing in the region USD 25 Mill. Also in China, Clarkson Hellas understands that Cyprus owners FrontMarine have placed an order for four firm 58,500 DWT Supramax at New Times. Pricing for these vessels is understood to be in the high USD 25 Mill, with delivery in 2015. At Tsuneishi’s Cebu facility in the Philippines, it was reported that Uni-Asia Shipping have contracted two firm 58,000 DWT Supramax. Although pricing for this deal was undisclosed, delivery of both vessel is understood to be due in 2015.
HK Shipowner CSSC Orders Mega-Container Ships
Waigaoqiao-controlled Shanghai Jiangnan Changxing Heavy Industry has signed a shipbuilding contract with CSSC Shipping (Hong Kong) to build three 16,000 TEU ships, the largest ever built by Chinese yards, reports China Logistics Portal. Jointly designed by Waigaoqiao Shipbuilding and CSSC-affilated Marine Design & Research Institute of China (MARIC), two of the ships will be built at Jiangnan Changxing Heavy Industry and one will be built at Waigaoqiao Shipbuilding. The order to build the giant ships comes after state-run shipbuilding group, CSSC, established a ship-owning arm in Hong Kong in 2012 in a bid to drive business. Source: China Logistics Portal
