Dwt Capes News

Amongst newbuilding orders in the past week U-Ming Marine Transport of Taiwan continue their Capesize ordering with a firm order for four more 186,000 dwt dry bulk carriers, according to the latest Clarkson Hellas Weekly S+P Report. Dry Bulk: U‐Ming Marine Transport of Taiwan (Far Eastern Group) have continued their Capesize ordering at SWS by declaring four further options to their original order of four firm 186,000 DWT Capes in February this year. Although pricing was undeclared, Clarkson Hellas understand delivery of the options is split between 2015 and 2016. Having been signed earlier this year, it has come to light this week that Cara Shipping (Rizhao Steel) has placed an order for two firm 82,000 DWT Kamsarmax at Jinling, with the vessels due for delivery in 2014 and 2015.

Ordering this week has been very much focussed on the dry sector with additional orders seen in the container market, large size LNG sector and small tankers, say Charkson Hellas in their weekly S&P Weekly Bulletin. In dry bulk carriers: starting with the large sizes, it was reported that Oldendorff Carriers have declared their first option for an additional 207k DWT Newcastlemax at HHI with delivery lined up for March 2015. This takes their total order up to five firm Vessels, with one option still outstanding. Notable levels of ordering coming to light this week in the Capesize newbuilding market in Japan, with both JMU and Imabari each taking orders for three firm 180,000 DWT Capes from SwissMarine.