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Rizhao Steel News

04 Jun 2014

Global Ocean Trade: Latest Shipbuilding Orders

Shipbuilding orders for drybulk carriers, tankships, containerships and a RoRo were placed in the past week according to 'Clarkson Hellas S&P Weekly Bulletin'. Cara Shipping, the shipping arm of Chinese domestic company Rizhao Steel, has placed orders for two further 250,000dwt VLOCs at Beihai shipyard. These are declared options with both vessels understood by Clarkson Hellas to be delivering in 2016. Wisdom Marine has continued to expand its orderbook in Japan, announcing an order for a 62,000 dwt bulker at Oshima, to be delivered in 2017 as well as a 37,600 dwt Handysize bulker at Imabari again for delivery in 2017. Whilst as yet unconfirmed…

10 Sep 2013

Latest Global Shipbuilding Orders

Rizhao Steel (Cara Shipping) are understood by Clarkson Hellas to have contracted two firm 180,000 DWT Capesize at both Dalian and Qingdao Beihai, with an additional two options at the latter. These orders are understood to have been concluded in the middle of this year, with delivery of the first vessel from Beihai lined up for 2015 and the remainder all due in 2016. Following a limited number of new orders so far this year, the VLCC orderbook, which currently stands at around 50 vessels, has seen the addition of two firm plus two option 300,000 DWT crude tankers from Metrostar at HHI. Although pricing remains undisclosed delivery of both firm vessels is planned for the first half of 2016.

23 Jul 2013

Latest Global Shipbuilding Contracts

Amongst newbuilding orders in the past week U-Ming Marine Transport of Taiwan continue their Capesize ordering with a firm order for four more 186,000 dwt dry bulk carriers, according to the latest Clarkson Hellas Weekly S+P Report. Dry Bulk: U‐Ming Marine Transport of Taiwan (Far Eastern Group) have continued their Capesize ordering at SWS by declaring four further options to their original order of four firm 186,000 DWT Capes in February this year. Although pricing was undeclared, Clarkson Hellas understand delivery of the options is split between 2015 and 2016. Having been signed earlier this year, it has come to light this week that Cara Shipping (Rizhao Steel) has placed an order for two firm 82,000 DWT Kamsarmax at Jinling, with the vessels due for delivery in 2014 and 2015.