Far East Shipyards Bag the Week's Newbuilding Orders

Posted by George Backwell
Tuesday, May 13, 2014
File photo

South Korea, Japan and China shipyards update their order books with a clean haul of ocean-going newbuilding contracts, detailed as follows in the latest Clarkson Hellas S&P Weekly Bulletin.

Drybulk carriers
Clarkson Hellas report a few orders in dry, starting with the American fund Doonbeg Group ordering four firm plus four option 64,000 DWT Ultramax at Zhejiang Yangfan in China for delivery in 2015 and 2016 for the firm vessels. (This order is understood to have been signed last month, although it came to light this week).

Another order which came to light this week was from Clients of Neda Maritime contracting four firm 82,000 DWT Kamsarmax with Tsuneishi Zhoushan at the end of last year. Delivery of the vessels will be within the 2nd half of 2016.

Also, it is understood by Clarkson Hellas that clients of Sincere Navigation have declared an option for its 2nd 82,000 DWT Kamsarmax at Jiangsu New YZJ for delivery in the 2nd quarter in 2015.

Tankships
Limited activity in the tanker market, and just one order to report, Lyras Maritime have declared one option for 115,000 DWT LR2 Tanker at Sungdong in Korea, due for delivery in 2016. This option is understood to have been declared earlier in March this year.

Gas carriers
Clients of GasLog have declared two options for their 5th and 6th 174,000 CBM LNG Carrier at Samsung Heavy Industries. Both units will be delivered in 2017 and GasLog will have further two options plus another two options.

Another LNG Carrier order to report from Japan, with NYK contracting one 155,300 CBM at compatriot shipyard Mitsubishi Heavy Industries for delivery in 2017. It is understood that this vessel will go on long term charter to TEPCO.

Clarkson Hellas add that Sinopacific Offshore in China have signed a couple of contracts including  for two firm 27,500 CBM LPG/LEG Carriers with Evergas and three firm 36,000 CBM LPG/LEG Carriers with Ocean Yield. All of the vessels are planned to be delivered in 2016.

Multi-purpose ships
Finally in general cargo, it came to light that clients of Briese-Schiffahrts have placed an order for two firm 12,500 DWT MPPs at Jiangzhou Shipyard for delivery in 2016. These vessels are understood to be the same type that was ordered by Auberbach- Schiffahrts at the same yard last month.

Source: Clarkson Hellas S&P Weekly Bulletin

 

 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

Contracts

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

Shipbuilding

Damen Outfitting First of Nine Bahamas Patrol Boats

The first of nine Damen Stan Patrol 3007s ordered by the Royal Bahamas Defense Force has arrived at Damen Shipyards Gorinchem in the Netherlands for outfitting.

Liquefaction Terminals to Dominate LNG Capital Expenditure

Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger

New Chinese Shipyard Launches First Ship

The new shipyard facility of Honghua Offshore Oil & Gas Equipment Company in Jiangsu, China, has launched its first ship, an IMT982 Platform Supply Vessel. The vessel,

Tanker Trends

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

Benghazi Port Still Closed, Imports Rerouted

The commercial port in Libya's second city, Benghazi, remains closed due to fighting between pro-government and Islamist forces, forcing wheat imports to make a detour via Tobruk harbour,

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

Bulk Carrier Trends

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

US Plans to Shut Royalty Loophole on Coal Exports

U.S. coal companies will no longer be able to settle royalties at low domestic prices when they make lucrative sales to Asia according to reforms proposed by the Interior Department on Friday.

Great Lakes Coal Trade Slows in November

Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays,

LNG

Liquefaction Terminals to Dominate LNG Capital Expenditure

Capital expenditure (Capex) on global LNG facilities is expected to total $259 billion (bn) over the period 2015-2019, with investments expected to be 88% larger

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2689 sec (4 req/sec)