Ordering of newbuilds has continued in a formidable pace!

By 

Harry Vafias

2013 is ending and most of the shipping segments are indeed ending with a good note, especially gas and VLCC’s! Ordering of newbuilds has continued in a formidable pace!

Knightsbridge has agreed with daehan to build two capes costing $53 mill apiece while onomichi has won an order from shih wei navigation for one more ultramax costing $29 mill making five in total for this owner! Daewoo mangalia has won an order from scorpio for three capes costing $54 mill each  while cara shipping agreed with Qingdao beihai to build two option two 250,000 dwt ore carriers (this owner is building two capes as well at the same yard).

China navigation ordered four more 39,000 dwt handies at Zhejiang ouhua making 8 in total and it has another 16 handies on order at chengxi costing $23 mill each! Oldendorff has agreed with qingshan to build twelve ultramaxes for about $25 mill each while the same yard took an additional order from atlantska plovidba for a 38,000 dwt handy making three in total for this owner. Nantong cosco received an order from winning for two 210,000 dwt newcastlemaxes costing abt $58 mill while cosco agreed with Guangzhou Huangpu to build four 36,000 dwt MPP’s costing $40 mill each.

Navig8 has declared two more LR2’s at longxue making a total of 8 LR2’s on order there and they also have another 10 LR2’s on order at sungdong!!! Latsis agreed with Hyundai mipo to build 5 mr’s costing $37 mill each and they also agreed with Hyundai to build two option two VLGC’s costing $75 mill each. Hyundai also won VLCC orders, both navig8 and DHT ordered two opt two ships at abt $93 mill apiece  and the former also ordered another 4 VLCC’s in SWS for $92 mill. Scorpio went to Daewoo for 4 VLCC’s costing $93 mill each while Teekay agreed with the same yard to build a single LNG for $200 mill, this is the third LNG ordered by TK at that yard. Bergesen exercised two options for VLGC’s at Hyundai making 6 VLGC’s in total for this owner at Hyundai. Navig8-oaktree JV exercised 6 options for 37,000 dwt chem. tankers at Hyundai mipo costing $35 mill each. Korea marine transport ordered a 5400 teu container at hanjin subic for $48 mill after just buying a resale from Bernard Schulte while Samsung got orders for seven 9200 teu containers, five belong to bank of communications and two to mingsheng leasing for long term charter to CMA CGM, each costs $85 mill1

Lets continue with the secondhand dry sales. The ‘perly’ 77,000 dwt built 02 japan got $14 mill while the ‘supra challenger 1 /supra challenger 2’ both 61,000 wt built 12/13 respectively, japan 4x30 got $60 mill enbloc from star bulkers. The ‘amorita’ 46,000 dwt built 99 japan 4x30 got $12 mill while the ‘nesrin akosy’ same size and yard built 97 got $9,5 mill.  Germans paid $21,5 mill for a 57,000 dwt resale ex jiangdong 4x30, the ‘IVS kaito’ 32,000 dwt built 04 japan 4x30 got $15 mill while the ‘timothy R’ 32,000 dwt built 09 jinse 4x30 fetched $18,5 mill. Chinese bought the ‘hokuriku maru’ 95,000 dwt built 95 japan for $9,3 mill, the ‘carol’ 75,000 dwt built 99 japan got $14 mill from Shelton and the ‘boron navigator’ 50,000 dwt built 01 japan 4x30 got $15,5 mill from polforce.

The ‘venus ocean’ 33,000 dwt built 2012 japan 4x30 got $22,1 mill while the ‘little manatee’ 38,000 dwt built 2012 japan 4x30 got $23,4 mill.

Lets finalize our analysis with the wet transactions. Capital paid $88,8 mill for the ‘shanghai spirit’ 320,000 dwt to be delivered from SWS april 14 while the ‘antea’ 40,000 dwt built 02 korea epoxy got $15,2 mill. The ‘shinyo navigator’ 300,000 dwt built 96 double fetched $22 mill for conversion while the ‘milleura’ 40,000 dwt built 03 korea, epoxy got $15,5 mill. Last but not least Ridgebury paid $35 mill for the ‘rio genoa’ 160,000 dwt built 07 japan.