C H S&P W B: Larkson Ellas Eekly Ulletin
C H S&P W B: Larkson Ellas Eekly Ulletin
TANKERS
RATES
This week’s ordering has been spread evening across the sizes ranging from Newcastlemax down to
Handysize, and with yards in China, Japan & Korea all receiving orders in the dry sector. Starting with
the largest sizes and Polaris Shipping are understood to have contracted one firm plus one option
208,000 DWT Newcastlemax at Daehan, with delivery of the firm vessel in the first quarter of 2016,
and option in the second quarter if declared. Further ordering at one of China’s most experienced
yards in the Capesize sector, with SWS taking an order for four firm 180,000 DWT Capesize from
Zhejiang Herun Group. Pricing is understood to be in the region USD 54 Mill, with delivery of all four
vessels in 2016. At Tsuneishi Zhoushan, Santoku Senpaku are understood to have placed an order
for three firm 82,000 DWT Kamsarmax, with long term charter to SwissMarine. The first two vessels
are due for delivery in 2015 with the final vessel in 2016. The same owner has reportedly also placed
an order for two firm 77,000 DWT Panamax at Sasebo. With the order understood to have been
placed earlier this summer, the two vessels are due for delivery in 2015, and both lined up for charter
to Rio Tinto. In the smaller sizes China Navigation (CNCo) have continued their ordering in the
Handysize section having announced an order for four firm 39,500 DWT Handysize bulkers at
Zhejiang Ouhua, with delivery split between 2015 and 2016.
Some activity to report in the container sector this month, starting with Rickmers reportedly placing an
order for two firm 5,400 TEU container carriers at Hanjin Subic. These wide beam post panamax
vessels are understood to be the 9th and 10th in the series, with delivery in the second quarter of
2015. Taizhou Sanfu are also understood to have taken an order for ten general cargo/MPP vessels
from Quanzhou Ansheng Shipping, each with a container capacity of 2,400 TEU. Delivery of these
vessels is to be split between 2015 and 2016.
In other sectors Scorpio Tankers have contracted two firm 84,000 CBM LPG carriers at Hyundai
Samho. Pricing is in the region USD 75 Mill with delivery of both vessels in the first quarter of 2016.
Finally, EMS AG are reported to have placed an order for a single 4,000 GT Passenger/Cargo vessel
at Fassmer Werft. The vessel, which is due for delivery in April 2015, will be LNG fuelled with a price
in the region EURO 30 Mill.
(THE INFORMATION CONTAINED IN THIS REPORT HAS BEEN OBTAINED FROM VARIOUS MARKET SOURCES. WE
BELIEVE THIS INFORMATION TO BE CORRECT BUT WE CAN NOT GUARANTEE ITS ACCURACY OR COMPLETENESS.
HENCE WE CAN NOT BE HELD RESPONSIBLE FOR ANY ACTION OR FAILURE TO TAKE ACTION UPON RELIANCE ON
INFORMATION CONTAINED HEREIN. THIS REPORT MUST NOT BE REPRODUCED OR DISTRIBUTED TO ANY THIRD
PARTY.)