China's Jiangsu New Yangzi Shipbuilding seems poised to win up to two post-panamax transloader newbuilding bulkers from Oldendorf Carriers.
Sources said the German shipowner is under negotiation with New Yangzi for 1+1 94,000-dwt bulkers, due for delivery in early 2015.
Meanwhile, industry sources said the deal is similar to an order previously contracted with JES International Holdings's subsidiary Jiangsu Eastern Heavy Industry in China, in September 2012, in terms of the vessel design and terms of the contract. Oldendorff awarded an order for one plus one 94,000-dwt hybrid bulkers, with delivery slated in mid-2014.
Sources suggest that the shipowner could be replacing the order, since JES is currently facing financial difficulties and its subcontract yard workers went on strike over non-payment of wages.
Meanwhile, Oldendorff is actively involved in newbuilding investment with low newbuilding prices. Earlier this month, the company awarded an order for firm four 207,000-dwt Newcastlemax bulkers with additional options for two, valued in the exceed of $50m apiece, at Hyundai Heavy Industries of Korea.