Latest Global Shipbuilding Contracts

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.

Similarly, it has also emerged this week that Nisshin Shipping has contracted two firm 39,000 DWT Handysize at Jiangsu Hantong. Understood to have been signed some months ago, delivery of both vessels is planned for 2015.

Also in the Handy sector, Graig Ship Management were reported to have signed two 35,000 DWT Handys at Jiangdong Shipyard with delivery in the first half of 2015.

Container vessel market: Clarkson Hellas Weekly S+P Report says it is understood that Bernhard Schulte have declared a further four options for 2,300 TEU container carriers at Zhejiang Yangfan. This follows the original orders for four firm vessels placed in the fourth quarter of last year. Pricing of these most recent orders is understood to lie at USD 26.5 Mill per vessel with delivery from March 2015.

Gas carriers: it has come to light that Navigator Gas have placed further orders at Jiangnan Shipyard for LPG/Ethylene carriers. This most recent order is made up of a single 21,000 CBM LPG/Ethylene carrier, which will be the 5th in the series and an order for two firm plus two option 22,000 CBM LPG carriers. Delivery for all three firm vessels planned for 2015 with the options in 2016 if declared.

Cruise ships:  it was reported that Norwegian Cruise Lines have declared an option for the second vessel in a series of 163,000 GT Cruise Ships at Meyer Werft. Pricing was reported in the region USD 917 Mill with delivery planned for mid‐2017.

Finally, Clarkson add in their report that Fincantieri (Ancona) have received an order for a single 11,000 GT Cruise Ship for Compagnie du Ponant with delivery in May 2015.

Source: Clarkson Hellas Weekly S+P Report