Bohai Shipbuilding Bags Nine Fresh Orders for Newcastlemaxes

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Chinese shipbuilder Bohai Shipbuilding Heavy Industries has received an order for up to nine Newcastlemaxes, according to broker reports.

John Fredriksen Group has been tied to an order for up to four 208,000 dwt bulkers at the yard, comprising two firm and two optional ships, Compass Maritime said in a weekly report.

The ships are scheduled for delivery in the fourth quarter of 2019, Asiasis said referring to the order.

Berge Bulk has also been linked to an order for up to four Newcastlemaxes, also two firm plus two optional vessels. The ships are said to be slated for delivery in the first half of 2020.

Singapore’s RGL Shipping has reportedly placed an order for one Newcastlemax, to be delivered to the company in the first half of 2020.

The bulkers will be built in accordance with the NOx IMO Tier II emission standards and are priced at around USD 45 million respectively, as disclosed by Compass Maritime.

RGL Shipping and Berge Bulk have already had ships built by Bohai.

Based on the data provided by VesselsValue, Bohai delivered one Capesize bulker to Berge Bulk in 2017, the Berge Grossglockner, and is going to deliver another Capesize to the company this year, the Berge Olympus.

RGL Shipping is also set to take delivery of a Capesize newbuilding from the yard this year, the 210,000 dwt PSU Third. Both ships are expected to be delivered to their respective owners in January.

Sea News, January 10