Ocean-going Ship Newbuildings Round-up

MarineLink.com
Tuesday, October 15, 2013
Stem photo in public domain

Activity in Chinese shipyards increased the past week, notably in the dry-bulk carrier market, as workers returned from the 'Golden Week' holidays reports Clarkson Hellas Weekly S&P Bulletin.

Dry bulk carriers
China Navigation have announced the declaration of another four options of the 39,500dwt design at Chengxi Shipyard, which will bring the total number of orders for this design up to 16 vessels. This latest set of options will all deliver in 2016. No pricing has been disclosed, though the earlier options were declared at a price of circa USD 23 Mill.

Clients of Grecomar are reported to have placed an order at Taizhou Kouan Shipyard for 1+1 x 64,000dwt Ultramax Newbuildings. Delivery for these is understood to be in the second half of 2015 with pricing in the high USD 25s Mill. The deal itself is understood to have been concluded in September this year.

Cardiff Marine are now reported to have signed LOI’s with both SWS and Yangzijiang for 2+2 and 4+2 x 208K newcastle maxes. These orders are understood to have been agreed at prices of 56.3 Mill and USD 55.5 Mill respectively and will deliver between 2015 and 2016.

Scorpio have announced a raft of new orders including: 2 x 60,200dwt bulkers at Mitsui to deliver in 2Q 2016; 4 x 61,000dwt bulkers at Imabari delivering in 2015; 3 x 64,00dwt options declared at Chengxi delivering in 2016 and finally 2 x 61,00dwt bulkers at NACKs for delivery in 1H 2016. No specific pricing details provided.

Tankships
Anglo- Atlantic Steamship meanwhile are understood by Clarkson Hellas to have ordered 2 option 2 x 50,000dwt IMO 2 chemical tankers at Weihai Samijn with both of the firm vessels due to deliver in 2H 2015. These will be the first vessels of this class the yard will deliver.

Sam Bu Shipping are understood to have placed an order at Korea Yanasae Tonyoung 9ex Samho) for a pair of small 3,500 dwt Chemical tankers. These would be the first orders the yard has taken since their published troubles in 2011.

In other sectors
Petredec are reported to have placed an order for a pair of 11,000cbm LPG vessels at Sasaki Zosen which will deliver in 2015 and 2016 respectively. Although no official pricing released, Clarkson Hellas believe these vessels have been contracted somewhere in the region of USD 28-29 Mill.

Finally, Clarkson Hellas understands that Meyer Werft have received an order from Genting Honk Kong for a 150,000gt cruise ship which is due to be delivered by Oct 2016. The price is of this vessel is understood to sit at circa EUR 707.20 Mill.

Source: Clarkson Hellas Weekly S&P Bulletin
 

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

Contracts

Fire Departments Choose Sea-Fire Systems

Metalcraft Marine's Firestorm high-speed, aluminum fireboat represents a new generation in vessel technology, especially when fitted with Sea-Fire H Series engineered fire suppression systems.

Russian Liftings for Western Options at 12-Year Low

By Gleb Gorodyankin MOSCOW, Nov 25 (Reuters) - Exports of Russian crude oil to Western markets are set to fall by almost a third in December and reach a 12-year

Overwhelming Support for ‘Hit the HMT Target!’

Today, the American Association of Port Authorities (AAPA) applauded a “Dear Colleague” letter to the leadership of the Senate Committee on Appropriations that was signed by 22 senators,

Shipbuilding

Bollinger Delivers 11th FRC to the US Coast Guard

Bollinger Shipyards, Inc. has delivered the William Trump, the 11th Fast Response Cutter (FRC) to the United States Coast Guard.   The announcement was made by Bollinger Chief Operating Officer,

Australian Defence Minister Says Would Not Trust Submarine Firm to Build Canoe

Australia's defence minister has said he would not trust state-owned Australian Submarine Corp (ASC) "to build a canoe", fuelling expectations that most work in

Newport News Lays Keel for Virginia-Class Sub

Newport News Shipbuilding, a division of Huntington Ingalls Industries (HII), hosted a keel-laying ceremony Saturday for the future USS Washington (SSN 787), a

Cruise Ship Trends

Norwegian Buys Ship from Princess Cruises

Norwegian Cruise Line Holdings Ltd. announces fleet expansion for Oceania Cruises in 2016; Sirena to join sister ships Insignia, Regatta and Nautica   Norwegian Cruise Line Holdings Ltd.

MSC Cruises Advance Onboard Wi-Fi System

MSC Cruises has started a fleet-wide optimization installed by Marlink to improve shipboard VSAT (Very Small Aperture Terminal) connectivity. MSC Cruises said it

Fincantieri Sign MoUs with Carnival & CSSC

Fincantieri, the world leader in the construction of cruise ships, has signed two memorandums of understanding, respectively with Carnival Corporation, the world’s largest cruise line,

Tanker Trends

US House to Hold Hearing on Oil Export Ban

A House of Representatives panel will hold a hearing on Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance.

Frontline Disappoints with Deeper 3Q Loss

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering options

Navios Revenue Up 25% in 3Q 2014

Highlights of Navios Maritime Holdings Inc. Financial Results for the Third Quarter and Nine Months Ended September 30, 2014: Revenue 25% increase to $152.

Bulk Carrier Trends

DNV GL Examines Container and Bulk Shipping Trends

DNV GL’s latest Container Ship Forum and Bulk Carrier Forum looked at a broad spectrum of topics including environmental regulations, trends in ship design as well as the new DNV GL rule set.

Ferus Smit to Launch Newbuild Bulk Carrier

Ferus Smit will launch newbuild general bulk cargo vessel Arklow Brave on Friday, December 12, in Westerbroek.   Arklow Brave is the fifth vessel in a series

India Seeks Private Cash for Intermodal Bridge

Rail system needs more tracks and wagons; Not enough coal gets from port to power stations. India is targeting up to $1 billion of private investment by 2017

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.3940 sec (3 req/sec)