China’s newbuilding order intakes in June, 2013, recorded 92 vessels, declined by 26.98% comparing with the previous month in numerical terms.
According to data from China Water Transport, Chinese shipbuilding industry won newbuilding contracts for a total of 31 bulkers during last month and they are; nine very large ore carriers (VLOC), one capesize, two panamaxes, 25 handymaxes, three handysizes and etc., with agreements contracted for four product carriers and two panamax containerships.
Along with this, China gained orders for other type of vessels, which can break down as; one liquefied natural gas carrier, six woodchip carriers, two PCTCs, three fishing boats, four heavylift carriers, three drilling barges, two drilling rigs, two drilling platforms and other 32 vessels.
Meanwhile, newbuilding prices started to show an upward turn in June.
China Water Transport said that the average newbuilding prices of VLCC, suezmax, aframax tanker and MR PC were, respectively, $85.03m, $53.01m, $44.77m and $31.83m in June and those of VLCC and aframax tanker grew by 0.45% and 0.27%, each, with the rest of others staying still. In June, the average newbuilding prices of capesize, panamax, handymax, handysize bulker came to $45.13m $24.51m, $23.56m and $20.24m, each, increasing by 0.42%, 0%, 0.73% and 1.14% from the previous month.