At the beginning of the new year, the new shipbuilding market performed relatively mildly. The most striking one is the China Shipbuilding Industry Corporation’s China ExxonMobil/Mokia’s MOL China LNG (liquefied natural gas) shipbuilding project held on January 15 in Beijing. Signing ceremony. Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a subsidiary of China Shipbuilding Corporation, will build four low-speed diesel engines and reliquefaction units for Mitsui, which will build four LNG carriers. Exxon Mobil and Mitsui, a merchant company, announced that Hudong-Huazhong was the winning bidder for four LNG carriers for the China LNG transport project. This group of vessels will assume the task of transporting LNG imported from Papua New Guinea and Australia to China. The owner is Mitsui, a Japanese merchant ship, and the new vessel is expected to be delivered between 2015 and 2016. This is the first time that a Chinese-built LNG ship has received an order from a foreign shipowner and achieved a zero export breakthrough.

The new ship market this week is rated: Tanker - Low; Dry Bulk - Low; Other - Low

Nearly a week signing a new ship construction contract

Ship Type Quantity (DWT) Shipyard Shipownership Ship Price (Million US Dollars) Remarks Bituminous Ship 2 6000 Hyundai Ogura Vroon 2012 　　 Bulk Carrier 2 57000 STX Dalian Helikon 2013 3200 Option Vessel Container Vessel 2 2800TEU Hyundai Miura Pacific Int 2013 　　 LNG ships 4 170 thousand cubic meters Hudong Zhonghua MOL 2015-16 　　

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

Ship Tonnage (million dwt) this week, the lowest price last year, this year the highest price for VLCC price of $ 30 102 million $ 102 million $ 102 million $ 102 million Suezmax tankers 15650065006500 6500 Aframax tanker 1155005500 5500 5500 Product Oil Tanker 4.7 3600 3600 3600 3600 Capesize Bulk Carrier 18 5500 5500 5500 5500 Panamax Bulk Carrier 7.6 3600 3600 3600 3600 Handysize Bulk Carrier 5.6 3100 3100 3100 3100