Review of the New International Shipbuilding Market in the Last Week (2010.12.23-12.29)

China Shipping Development (Hong Kong) Shipping Co., Ltd. signed contracts with independent third-party Dalian Shipbuilding Industry Group Co., Ltd. and China Shipbuilding Heavy Industry International Trading Co., Ltd. to build two 300,000-ton crude oil ships and three 110,000-ton refined oil/crude oil vessels. The total price is 351 million U.S. dollars.

The overall rating for the new ship market last week: Tanker - low; dry bulk carrier - low; other type - low.

Nearly a week signing a new ship construction contract

Ship size
(DWT) Single ship price for shipyard shipowner
(Million USD) Remarks Bulk Carrier 4 30000 Nantong Mingde Algoma 2013-14 3360 5 55000 Daewoo Shipbuilding Marine Saga Shipholding 2012-13 5350 Bulk Carrier 1 80000 Qingdao Beihai Shipbuilding Heavy Industry First Steamship 2013 3390 Option Right Tanker 2 320000 Dalian Shipbuilding Industry Company CSDC 2013 9600 Tanker 3 110000 Dalian Shipbuilding Industry Company CSDC 2012 5300 Container Ship 2 1100TEU Japan SITC 2012 1980

Shipbuilding market price in the last week (average price in the Far East: 10,000 US dollars)

Ship tonnage (Million tons) This week's price Last week's price This year's lowest price This year's highest price Giant oil tanker 30.102 billion U.S. dollars 102 million U.S. dollars 9500 U.S. billion Suez tankers 15 6500 6500 6100 6500 Aframax tanker 11 5500 5500 5000 5500 Product Oil Tankers 4.7 3600 3600 3450 3600 Capesize Bulk Carriers 18 5500 5500 5500 5700 Panamax Bulk Carriers 7.6 3600 3600 3500 3700 Handy Bulk Carriers 5.6 3100 3100 3000 3100

Note: All the above transaction price data does not serve as any price evidence and is for reference only!