Shipowners Think Big in Latest Newbuilding Orders

Ship owners trend towards larger ship sizes in the latest round of newbuilding orders reported in Clarkson Hellas S&P Weekly Bulletin.

Dry bulk carriers
Oldendorff Carriers has contracted for four firm plus up to four option 208,000 dwt Newcastlemax from Taizhou CATIC. The first two vessels are due for delivery in 2015 with the remaining firm vessels and options lined up for delivery in 2016.

Also in China, SWS are understood to have taken an order for four firm 208,000 dwt Kamsarmax from Clients of Cardiff Marine. Similarly delivery of the firm vessels is split between 2015 and 2016.

Clarkson Hellas report that in the cape market Hanjin’s Yeongdo facility has taken further orders for three 180,000 dwt Capesize. Firstly, Turkish owner Ciner has ordered two vessels for with delivery of both in mid-2015 and pricing around US$ 55-Mill. In addition to this, a yet unknown Greek buyer has placed an order for a 180k cape with delivery in early 2016 and pricing in the region US$ 55.5-Mill.

Next, Nisshin Shipping are understood to have contracted five firm 82,000 dwt Kamsarmax at Hantong Shipyard, with delivery of the first vessel from the final quarter of 2015 and the remainder throughout 2016.

In Japan, on a smaller scale, Wisdom Marine Lines were reported to have declared options for one further 55,000 dwt Supramax at Kawasaki Shipbuilding and two further 37,600 dwt Handysize for at Imabari.

Tankships
In the tanker market, Maersk have placed an order for four firm plus two options 50,000 DWT MR product tankers at Sungdong. Pricing remains undisclosed, however delivery of all vessels is understood to be planned for 2016.

Gas carrier
Navigator Gas Transport have declared the third vessel in a series of 22,000 CBM LPG carriers at Jiangnan Shipyard, with pricing in the region US$ 44-Mill and delivery at the very end of 2015.

Container ships
According to Clarkson Hellas S&P Weekly Bulletin a number of options were declared this week in the container market, starting with NSC Holdings declaring the third in a series of 9,200 TEU container vessels at Hanjin Subic. Delivery of this latest vessel is planned for the second quarter of 2015.

Clients of Lomar Shipping were also reported to have declared the fourth in a series of 2,190 TEU container carriers at Guangzhou Wenchong. Pricing remains undisclosed however delivery is planned for 2015.

Source: Clarkson Hellas S&P Weekly Bulletin