This week’s newbuilding business has been very much focussed on the Ultramax sector in dry with further MR and LR2 ordering in the tanker marker. Starting with dry, further to last week’s report of Clients of Golden Ocean placing an order for three firm plus three option Ultramax at Chengxi, we understand that Wah Kwong have declared four further options for SDARI design 64,000 DWT Ultramax at Chengxi making a total order of eight firm vessels. Delivery of these options is spread between end 2015 and early 2016. It was also reported this week that Clients of Sammok Shipping have placed an order for two firm plus two option 64,000 DWT Ultramax at New Times, with delivery of the firm vessels understood to be in the second half of 2015 and options in 2016.
This week has seen a further four firm plus four option of the SDARI 64,000 DWT design at Jiangsu Hantong. This order placed by Conti Reederei was reportedly priced at USD 24.5 Mill per vessel with delivery of all firm vessels in the first half of 2015 and options in 2015 if declared. Also in China, Marine Capital (MCL) are reported this week to have placed an order for two firm plus a total of two option Crown 63 Ultramax at Sinopacific. Understood to have been signed earlier this year, the
vessels are to be built at Sinopacific’s Dayang facility with delivery from the second half of 2014. Also at Dayang, GSD Marin are reported to have declared an option for Crown 63, making a total of two firm vessels both for delivery in 2014.
In the same sector, it is also understood that Oshima SB has received an order for two firm 60,000 DWT Ultramax placed by DACC Maritime, a joint venture between D’Amico and Coeclerici. Pricing remains undisclosed, however delivery is understood to be planned for September and December 2015 for the firm vessels and 2016 for the options if declared. Finally in dry, it was reported that Nisshin Shipping has placed an order for four firm 39,000 DWT Handysize at Jiangmen Nanyang. Pricing for this deal is in the region USD 22 Mill with delivery of all vessels in 2015.
In tankers, further orders to report this week in the MR sector with Clients of Capital Ship Management concluding an order for four firm plus four option 52,000 DWT product carriers at Samsung Ningbo. Pricing is understood to be in the region of USD 32 Mill, with delivery of firm vessels planned for 2015 and options in 2016. Additionally, it is understood that Tai Chong Cheang have placed an order for two
firm 114,000 DWT Aframax at Namura, with delivery of both vessels is due in 2016.
Limited ordering in other sectors this week, with one order for two 60,000 CBM LPG carriers having been placed at Hyundai Heavy Industries by Solvang ASA. Again pricing was undisclosed, however we understand delivery is planned for February and April 2015.