Although somewhat quieter this week with a number of the yards in the Far East approaching their summer vacations, we have still seen continued activity in the newbuilding market with orders coming to light in the dry, container and gas sectors. Starting with the larger sizes, this week we have seen further orders being placed for VLOCs at Guangzhou Longxue. Following a similar order from Berge Bulk in May this year, Henghou Industries are reported this week to have placed an order for two firm 250,000 DWT VLOCs at the GSI controlled Longxue. Pricing is understood to be in the region USD 59 Mill with delivery of the first vessel in 2015 and second in 2016. In the smaller sizes, this week it was reported that Wuhan Haihong Shipping have placed an order for two firm 64,000 DWT Ultramax at Guangzhou Huangpu, with both due to delivery in 2015.
In the container market there are a number of orders to reports in the larger sizes, starting with Seaspan declaring options for a further five 14,000 TEU container carriers at HHI. These vessels, which take the series to a total of ten vessels, and understood to be due for delivery in 2015 with pricing in the region USD 110 Mill each. Although thought to have been signed in June this year, it has come to light this week that a joint venture between Costamare and York Capital have contracted two firm 9,000 TEU container carriers at Hanjin Subic, with delivery of both vessels in the second half of 2015. Understood to be based on a wide beam post panamax design, pricing is in the region USD 80 Mill per vessel.
A number of orders to report in the gas market, with Teekay LNG declaring the third and fourth options in a series of 173,400 CBM LNG carriers at DSME, both for delivery in 2016. Although pricing remains undisclosed, it is understood that this includes an additional four options, which if declared would be due for delivery in 2017. Also declaring their options at Hanjin Subic for two further 38,500 CBM LPG carriers are Exmar LPG. This makes up the fifth and sixth in the series, with delivery of both vessels
due in 2017.