Two types of seven ships! Greek shipowners order new ships from two Chinese shipyards

Greek shipowner Monte Nero Management has placed orders for seven new ships of two types at two domestic shipyards, with a total value of approximately 282 million US dollars (approximately 2.047 billion yuan).
According to Trade Wind News, Huanghai Shipbuilding has received orders from Monte Nero for a total of four 50000 deadweight ton MR type product oil tankers, which are expected to be delivered by the end of 2026 and 2027, with a cost of approximately $45 million per vessel; Nantong Xiangyu Haizhuang has received an order for three 63500 deadweight ton Ultramax bulk carriers, scheduled to be delivered in the second half of 2025 at a cost of approximately 34 million US dollars per vessel.

As a reference, Clarkson's data shows that the current cost of a new 47000-51000 deadweight ton MR product oil tanker is $52 million, an increase of 11% compared to $47 million in the same period last year; The cost of a new 61000-64500 deadweight ton bulk carrier is 34.5 million US dollars, an increase of 5% compared to the same period last year when it was 33 million US dollars.

It is reported that the order for Xiangyu Haizhuang was signed at the beginning of this year, with hull numbers XY155, XY156, and XY157. The contract also includes an alternative order for an additional vessel of the same type. These new ships meet the requirements of the Energy Efficiency Design Index (EEDI) Phase III and Tier III nitrogen oxide emission standards to reduce greenhouse gas emissions; The Yuchai Ship Dynamic 6G50ME-C9.6-HPSCR main engine has been selected, and Xiangyu Haizhuang has previously signed an order for the main engine with Yuchai Ship Dynamic.

The Ultramax bulk carrier is the "signature" ship type of Xiangyu Haizhuang. Currently, the cumulative order volume of Xiangyu Haizhuang's Ultramax series ships has exceeded 100. According to Clarkson's data, in the field of 40000 to 69999 deadweight ton flexible bulk carriers, Xiangyu Haizhuang holds a total of 52 orders, ranking second in the world after New Ocean Shipbuilding (63).

According to Clarkson's data, Nantong Xiangyu Haizhuang currently holds orders for a total of 76 vessels with a carrying capacity of 4.1467 million tons, including 58 bulk carriers, 16 chemical tankers, and 2 open hatch vessels, with delivery scheduled until 2029.

For Huanghai Shipbuilding, the latest order is its second MR type oil tanker construction contract. In May of this year, Huanghai Shipbuilding entered the field of MR type product oil tankers for the first time and signed 2+2 orders for 50000 deadweight ton MR type product oil tankers with the Hong Kong company under the New Mileage Group. Prior to this order, Huanghai Shipbuilding had only delivered two small oil tankers a few decades ago.

It is reported that Huanghai Shipbuilding was founded in 1944. In recent years, the company has actively responded to the national "Maritime Power" strategy, seized the historical opportunity of the transformation of old and new kinetic energy, focused on structural adjustment and product transformation, and embarked on a development path with Huanghai characteristics in the fields of large passenger roll on/roll off ships, passenger and cargo ships, multi-purpose heavy lift ships, and large offshore fishing vessels. At present, Huanghai Shipbuilding has developed into an important base for the construction of passenger roll on/roll off ships, multi-purpose heavy lift ships, and special ships in China.

According to Clarkson's data, as of now, Huanghai Shipbuilding has a total of 47 orders of 1.02 million deadweight tons, including 12 container ships, 12 multi-purpose ships, 4 tugboats, 4 general cargo ships, 4 bulk cargo ships, 4 open hatch ships, and 7 other ships, with delivery scheduled until 2026.