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G E Shipping Contracts to Sell a VLGC
The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Vidhi”, a Very Large Gas Carrier. The 1990 built vessel of about 49,701 dwt…
Global Ocean Trade: Latest Shipbuilding Orders
Tsuneishi have taken an order at their Cebu facility in the Philippines for a total of three 81,600 DWT Kamsarmax for Japanese buyers. Nissen Kaiun declared two…
Global Ocean Trade: Latest Shipbuilding Orders
The past week was a relatively quiet one in the world's deep-sea shipbuilding market, reports Clarkson Hellas S&P in its latest 'Weekly Bulletin'. Santoku Senpaku…
SFL Acquires Bulk Carriers; Charters Box Ships
Acquisition of two 82,000 dwt dry-bulk carriers and long-term charters for 8,700 teu container vessels nnounced by Ship Finance International (SFL). Ship Finance…
G.E. Shipping delivers “Jag Padma” to buyers
The Great Eastern Shipping Company Ltd. (G E Shipping) today announced having delivered its 1996 built Medium Range Product Tanker “Jag Padma” (47,172 dwt) to the buyers.
Far East Shipyards Bag the Week's Newbuilding Orders
South Korea, Japan and China shipyards update their order books with a clean haul of ocean-going newbuilding contracts, detailed as follows in the latest Clarkson Hellas S&P Weekly Bulletin.
G E Shipping contracts to sell a Medium Range product tanker
The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Padma”, a Medium Range (MR) product tanker. The 1996 built vessel of about 47…
Scorpio Bulkers Remain Confident Despite Q1 2014 Loss
Scorpio Bulkers Inc. has reported its results for the three months ended March 31, 2014. In connection with comparisons of financial performance they say they had…
Dry Bulk Carrier Newbuilding Orders Surge
Dry bulk carrier newbuilding orders predominate among the contracts reported in the latest issue of the Clarkson Hellas S&P Weekly Bulletin. One order is reported by Clarkson Hellas in the larger dry sizes this week, with Foremost Maritime contracting two firm 180,000 DWT Capesize at Beihai Shipyard. Delivery of the first vessel is due in the later part of 2015, with the second due in the final quarter of 2016.
Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard
Clarkson Hellas understand that Golden Union have declared options for three further 81,200 DWT Kamsarmax at AVIC Weihai Shipyard for deliveries throughout 2016 and 2017 to add to their existing two units currently under construction. Clients of Sealink Navigation have contracted two firm 63,000 DWT Ultramax with Imabari Shipbuilding in Japan for deliveries in 2016 for the first unit and in 2017 for the second.
Euroseas Orders Two Drybulk Newbuilds
Euroseas signs new building agreements for the acquisition of two fuel efficient kamsarmax drybulk carriers and announces new acquisition for its joint venture Euromar.
Paragon Shipping Gets US$120-Million Towards Ultramax Newbuildings
Greek drybulk cargo ship owner, Paragon Shipping, informs it has entered into a firm commitment with a European bank syndicate to partly finance up to 60 % of the market value of their two new Ultamax newbuilds due to be delivered in 2015. The new $120.0 million senior secured amortizing credit facility is with a syndicate of banks led by Nordea Bank Finland PLC. Paragon adds that the six-year facility…
Scorpio Bulkers Continue to Think Big with New Orders, Charters
Monaco-based Scorpio Bulkers Inc. Sungdong Shipbuilding Ltd. Daehan Shipbuilding Co., Ltd. Daehan Shipbuilding Co., Ltd. Daehan Shipbuilding Co., Ltd. Daehan Shipbuilding Co., Ltd. A 2011 built Post-Panamax for approximately 7 to 10 months at Company's option at $13,500 per day. The vessel was delivered on March 24, 2014. A 2009 built Kamsarmax for 11 to 13 months at Company's option at $14,500 per day.
Latest Global Ocean Trade Shipbuilding Orders
The past week was relatively quiet with no shipbuilding orders seen in the tankship or gas carrier sector, according to the latest Clarkson Hellas S&P Weekly Bulletin. A large order of twelve firm plus eighteen option 64,000 DWT Ultramax vessels was placed from Minsheng Financial Leasing at their compatriot yard in China, CIC Jiangsu. The vessels will be delivered from 2015. Victoria Steamship contracted one firm plus three option 95…
Latest Global Ocean Trade Shipbuilding Orders
Clarkson Hellas notes that Oldendorff Carriers have declared their options for six 64,000 DWT Ultramax at Qingshan Shipyard and one 94,000 DWT self-unloader at Jiangsu New YZJ. Pricing was not disclosed, but delivery is reported to be from 4Q in 2016 for the Ultramax and due in 2Q 2015 for the self-unloader. From Japan, Namura have signed two 81,700 DWT Kamsarmax with the Taiwanese owner Wisdom Marine for delivery in 2016.
Diana Shipping Adds Another Dry Bulk Vessel
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it took delivery of the newly built m/v Crystalia, an Ice Class Panamax dry bulk vessel of 77,525 dwt that was contracted in March 2012. The m/v Crystalia is time chartered to Glencore Grain B.V., Rotterdam, at a gross charter rate of $15,800 per day…
Latest Global Deep-Sea Shipbuilding Contract Round-Up
Far East shipbuilders scoop the pool of latest big ship newbuilding orders reports Clarkson Hellas in their latest Weekly S+P Bulletin. This week Clarkson Hellas say that Bocimar has announced an order for two firm 206,000 DWT Newcastlemax and one firm 180,000 DWT Capesize at Imabari, with delivery of all three vessels in 2016. Also at Imabari, Wisdom Marine announced an order for two firm 81,000 DWT Kamsarmax.
Scorpio Charters Five Bulk Carrier Vessels
Scorpio Bulkers Inc. announced it has agreed to time charter-in five dry bulk vessels. The chartered vessels will be the first to operate in the Scorpio Bulker fleet…
Latest Global Ocean-Going Shipbuilding Round-Up
A relatively active past week in the dry bulk newbuilding market is noted by Clarkson Hellas in their S&P Weekly Bulletin. Oldendorff Carriers have contracted two firm plus two option 208,000 DWT Newcastlemax at Hantong Shipyard, with delivery of all four vessels in 2016. Oldendorff have also declared one further option at Jiangsu New Yangzijiang and two options at Taizhou CATIC all for 208,000 DWT Newcastlemax and delivering in 2016.
Diana Shipping, Clearlake Extend Charter
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has agreed to extend the present time charter contract with Clearlake Shipping Pte. Ltd., Singapore, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini. The gross charter rate will remain $15,500 (USD) per day, minus a 4.75% commission paid to third parties, for a period of up to minimum February 15, 2015 to maximum May 10, 2015.
