Latest Global Shipbuilding Orders

MarineLink.com
Thursday, August 22, 2013

Despite the charter market continuing to support only modest returns, the newbuilding market has maintained strength on the back of historically low pricing levels, reports Clarkson Hellas S+P as follows:

Dry bulk carriers
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.

In the Handysize market, this week Transglory Shipping are reported to have placed an order for two firm plus two option 39,000 DWT bulk carriers at Kouan S.B, with delivery similarly in 2015. In addition to their order at Yangfan for Ultramax, d’Amico are understood to have declared options for the 8th and 9th in a series of 39,500 DWT Handysize, both for delivery in 2015.

Tankships
Clarkson mention that having seen ordering over the past 6 months very much focussed towards the MR and LR2 sectors, that this week has seen further ordering in the VLCC market with Global Energy Maritime reported to have placed an order for two firm plus one option 318,000 DWT tankers at JMU. Pricing is understood to be in the region USD 93 Mill per vessel with delivery of the firm vessels in 2016 and options in 2017 if declared.

At the opposite end of the sizes, Clarkson S+P understand that Weihai Samjin have taken an order for three firm plus one option 5,800 DWT Chemical / Product tankers from Korean buyer Techmarine.

With China increasingly featuring in the container newbuilding market, this week we have seen SWS group taking orders for three firm 16,000 TEU container carriers from CSSC Shipping, understood for charter to CMA-CGM. With pricing undisclosed, delivery of all three vessels is understood to be in the second half of 2015.

Gas carriers
Clarkson add that in the gas market, GasLog have announced that they have declared options for the third and fourth in a series of 174,000 CBM LNG carriers at Samsung Heavy Industries. With this order understood to now include a total of up to eight further options, delivery of the most recent orders is due for the second half of 2015.

Similarly to both the tanker and container market, we have seen an additional order in the smaller sizes with Brave Maritime having placed an order for four firm 3,500 CBM LPG carriers at Kitanihon, with delivery of all four firm vessels due in 2015.

Source: Clarkson Hellas S+P Weekly Bulletin

 

Maritime Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Brent Holds Above $97, Eyes Worst Quarter Since 2012

Brent crude futures hovered above $97 a barrel on Tuesday, aided by firm U.S. and Chinese data, but the oil benchmark was on track for its deepest quarterly drop

MAN Propulsion Packages for New Icelandic Trawlers

MAN Diesel and Turbo inform that Icelandic owners, HB Grandi, Vinnslustodin hf. and Hradfrystihusid Gunnvör, have ordered newbuildings based on two different ship

IRPT, Community College MoA on Maritime Training

The Inland Rivers, Ports and Terminals (IRPT) Trade Association announced today that it has entered into a memorandum of understanding with Lewis & Clark Community

Shipbuilding

Samsung Heavy Venturing Overseas

SHI is ready to invest around $950 million in the overseas shipbuilding facility by 2017, according to SHI’s Chief Financial Officer Chun Tae Heung. Tankers, bulk

Ingalls Shipbuilding Begins Fabrication for Aegis Destroyer

Huntington Ingalls Industries' (NYSE:HII) Ingalls Shipbuilding division today marked the start of fabrication for the future Aegis-guided missile destroyer Paul Ignatius (DDG 117).

Industry Professionals to Speak at ShipConstructor Conference

The speakers representing various companies at next week's SSI Americas ShipConstructor User Conference, October 7-9, 2014 in Mobile, Alabama, demonstrate SSI's

Tanker Trends

GTT Earns Five AIPs for Multi-gas Membranes

Gaztransport & Technigaz (GTT), designer of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas) announced five

Steel Cut for Yamal LNG Project’s Lead Tanker

A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project.

GasLog Closes First Option Vessels Dropdown

GasLog Ltd.  announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea,

Bulk Carrier Trends

'Flag Zannis' Delivered

The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co., Ltd ("COSCO Dalian"), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co.

New Portal Crane for Schwedenkai Intermodal Handling

Port of Kiel invests in hinterland rail links. A new portal crane has arrived at Kiel’s Schwedenkai Intermodal Terminal, meaning that trains involved in rail-ship

US River Infrastructure Near breaking Point

With a record U.S. harvest just coming in, the river transportation system that is at the heart of the nation's farm economy is overstrained by rising demand for shipping capacity,

LNG

Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc.

GTT Earns Five AIPs for Multi-gas Membranes

Gaztransport & Technigaz (GTT), designer of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas) announced five

Steel Cut for Yamal LNG Project’s Lead Tanker

A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1754 sec (6 req/sec)