Doonbeg Group News

Far East Shipyards Bag the Week's Newbuilding Orders

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. 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.