Getting real closer to the end of 2011, final newbuildings for the year are being contracted one after another including options signed earier this year being exercised.
According to Clarksons, even though there have been only few new order inquiries, quite a number of newbuildings in varied types were contracted last week, good news to builders striving for meeting their new order target.
Shanghai Waigaoqiao Shipbuilding of China recently inked two optional newbuilding 206,000-dwt capesize bulkers, valued at $53m per vessel, from Polembros of Greece with delivery by late 2013 and early 2014. it seems recovering shipping market for capesize bulker is somewhat in relation to SWS' new order.
Jinhai Heavy Industry also booked 1+1 newbuilding 64,000-dwt bulkers from Kyma of Greece, $28m a ship to be delivered in early 2014. Guangzhou Shipyard International secured an order for four 37,500-dwt product carriers.
Moreover, Hyundai Samho Heavy Industries of South Korea is said to have contracted additional two 164,000-cbm LNG carriers from Maran Gas of Greece while STX OSV penned one specialized offshore research vessel from Norwegian owner.
Meanwhile, in the offshore sector, Yantai CIMC Raffles Shipyard successfully sealed a newbuilding deal with COSL for one more deep-sea semi-submersible rig. Also, Swire Pacific placed a new order at Universal Shipbuilding of Japan for four platform support vessels.