Fearnleys Weekly newbuilding report said that in total 7 ships were ordered last week.
The market seems to be «out for lunch» for the time being with just a few fresh contracts hitting the headlines. Croatian yard Uljanik secured a pair of MR type product carriers from domestic owners. In another MR deal, d’Amico went to HMD Vietnam for two units for delivery in 2016 at a price reflecting close to 5 pct rebate compared with Korea.
ACTIVITY LEVEL |
Tankers |
Dry Bulkers |
Others |
Moderate |
Moderate |
Low |
|
Average Far Eastern Prices |
PRICES |
PRICES (mill usd) |
This
week |
Last
week |
Low
2014 |
High
2014 |
VLCC |
300’dwt |
USD 102.0 m |
USD 102.0 m |
96.0 |
102.0 |
Suezmax |
150’dwt |
USD 68.0 m |
USD 68.0 m |
64.0 |
68.0 |
Aframax |
110’dwt |
USD 54.0 m |
USD 54.0 m |
52.0 |
54.0 |
Product |
50’dwt |
USD 37.5 m |
USD 37.5 m |
36.0 |
37.5 |
Capesize |
180’dwt |
USD 56.0 m |
USD 56.0 m |
55.0 |
56.0 |
Panamax |
82’dwt |
USD 31.5 m |
USD 31.5 m |
30.0 |
31.5 |
Handymax |
64’dwt |
USD 28.0 m |
USD 28.0 m |
28.0 |
28.0 |
Prices are based on payment terms 40/60 |
|
NEWBUILDING CONTRACTS |
Type |
No |
Size |
Yard |
Owner |
Del |
Mill$ |
Comm |
 |
PC |
2 |
49500 dwt |
Uljanik |
Trogir Maritime |
2015/16 |
|
|
PC |
2 |
50000 dwt |
HMD Vietnam |
D’Amico |
2016 |
36,6 |
|
BC |
1 |
208000 dwt |
Yangzijiang |
Oldendorff |
2017 |
|
opt.decl. |
BC |
2 |
206000 dwt |
Yangfan |
Trafigura |
|
|
opt.decl. |
|
Fearnleys, April 10, 2014; Image: Uljanik