Latest Global Ocean Trade Shipbuilding Orders
Tuesday, March 18, 2014
China – Shipyard: File photo CCL

The past week was relatively quiet with no shipbuilding orders seen in the tankship or gas carrier sector, according to the latest Clarkson Hellas S&P Weekly Bulletin. Details as follows:

Dry bulk ships
A large order of twelve firm plus eighteen option 64,000 DWT Ultramax vessels was placed from Minsheng Financial Leasing at their compatriot yard in China, CIC Jiangsu. The vessels will be delivered from 2015.

Victoria Steamship contracted one firm plus three option 95,000 DWT Bulk Carriers at Jiangsu Eastern due for delivery from 3Q 2015 onwards.

Clarkson Hellas note that clients of Shandong Bohai have placed orders for two firm plus option two 82,000 DWT Kamsarmax at Dayang Shipbuilding.

From Korea, Clarkson Hellas understand that Polaris Shipping have declared their option for the third 300,000 DWT VLOC at Hyundai Heavy Industries Gunsan shipyard for delivery in 2Q 2017. Previously, the Korean owner had also declared an option for their second 207,000 DWT Newcastlemax at Daehan Shipbuilding for delivery in 3Q 2016.

Container ships
Whilst there is nothing to report on the tanker or gas side, in the container market Clarkson Hellas report one option for a 18,000 TEU Container Vessel has been declared by United Arab Shipping Company (UASC). This will be UASC’s 6th vessel of the same size and the delivery is understood to be in 2015. UASC also have eleven 14,000 TEU Container Vessels on order at the Korean shipbuilder’s yard in Ulsan.

Source: Clarkson Hellas
S&P Weekly Bulletin



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