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Shipping news-I: New building activity rises
Mar 09:   The newbuilding shipping market has seen a fair amount of activity recently.
8In the Dry Bulk sector, Pan Ocean announcing an order for a series of five firm 63,000 DWT Open Hatch Bulk / Pulp Carriers at Jiangsu New Yangzijiang. These vessels are set for delivery from the end of 2018 through to 2020 and are reported to be contracted against 15-year consecutive voyage contracts with Fibria. Pricing has been announced at approx. USD 29.2 million per vessel.
8In Tankers, it has come to light that Shin Kurushima has won an order for two firm 35,500 DWT SUS Tankers but from an unknown Japanese owner. Delivering in 4Q 2018 and 1Q 2019 respectively, these two vessels will go on a long time charter to Odfjell.
8In China meanwhile, Jiangsu Dajin have announced an order for one 7,000 DWT IMO-II Chemical Tanker from an unknown owner for delivery in 1Q 2018.
8In the container market, COSCO have announced that have secured an order for three firm plus three optional 1,750 TEU Container Carriers. These are understood to have been contracted by Lomar for delivery throughout 2019 and 2020 from COSCO’s Guangdong facility. Lomar already have an order for three units at COSCO Guangdong for delivery in 2019.
8Finally in Gas, DSME have announced an order for two firm plus two optional 173,400 CBM LNG carriers from an undisclosed European owner. The delivery for the firm two units is scheduled to be within 2019 from Okpo.
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