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Markets > Market Reports > Newbuilding > There was significant activity in the containership market.. Archive:
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There was significant activity in the containership market..

21 January 2013

Further to last week’s VLCC orders at HHI, China Merchants Energy Shipping (CMES) are reported to have ordered 3+3 x 320,000 dwt VLCCs at SWS with delivery from end-2014. In the products sector, clients of Metrostar Management have contracted six firm MR tankers from SPP in Korea, with an option for a further four. These vessels replace a previous order for four 3,600 TEU containerships originally placed by Metrostar in 2010. There has been significant activity in the containership market, led by an order for 5+5 x 14,000 TEU vessels from Seaspan at HHI. The vessels have a reported price tag in the low $100m range and it is planned for the firm vessels to be delivered within 2015. These vessels are to be chartered to Yang Ming for 10+2 years. In other sectors, Evergas have placed an order at Qidong Dajiang Shipbuilding for 4 x 30,000 cbm LNG/Ethylene/LPG vessels for delivery in 2015.

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