China New Orders Surged

Source:Asiasis
2013.06.19
1112

Chinese shipbuilding industry bagged newbuilding orders of overall 126 vessels in May, 2013, showing a sharp rise of 85.29% from the previous month in numerical terms.  
Tallied by China Water Transport, China inked newbuilding contracts for 65 bulkers including nine very large ore carriers, six capesizes, 12 kamsarmaxes, 18 panamaxes, two supramaxes, 18 handysizes and so on along with nine PCs and 12 containerships.  
In addition, Chinese yards won orders for eight LNG carriers, two multipurpose vessels, four heavy lifters, one tug boat, two self-propelled barges, seven offshore vessels, three drilling platforms and 14 other types of vessels.
In the full May, newbuilding prices of tanker and LNG carrier slightly declined while those of bulker and containership showed a favorable state with a minor rise, said the data.

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