Fearnleys Weekly - Newbuilding

General comment

No new orders to report in the conventional shipping segments this week. Still, we see no change in the demand for new vessels, especially in the dry bulk segment.

Activity level

Tankers Dry Bulkers Others
Low Low Low

Prices

Average Far Eastern Prices
PRICES (mill usd) This week Last week Low 2017 High 2017
VLCC 300'dwt 81.00 81.00 81.00 82.00
Suezmax 150'dwt 54.00 54.00 53.00 54.00
Aframax 110'dwt 44.00 44.00 44.00 45.00
Product 50'dwt 33.00 33.00 32.00 33.00
Capesize 180'dwt 44.00 44.00 41.00 44.00
Panamax 82'dwt 25.00 25.00 23.00 25.50
Supramax 64'dwt 23.00 23.00 21.00 23.00
LNGC 170'cbm - MEGI 184.50 184.50 184.00 184.50

Newbuilng contracts

Type No Size Yard Buyer Del Price Comm
Cruise 1 120 PAX Vard Holdings Coral Expeditions 2019
Cruise 1 596 PAX Fincantieri Silversea Cruises 2020 373 mill USD
Pass/Cat 2 550 PAX Austal Brave Line abt. 17.5 mill USD