Far East newbuilding round-up

Jinling Shipyard in China seals six MR product carriers from Changjiang Shipping Group Nanjing Oil Shipping.

Pacific International Line in Singapore placed an order for two 600TEU container ships with Penglai Bohai Shipbuilding in China at a cost of $24 million. Shanghai Chengxi Shipyard in China will build five 53,000DWT bulk carriers for Parakou Shipping in Hong Kong for delivery in 2009 and 2010.

China Shipbuilding Corporation clinched four 2,700TEU container ships from a Japanese interest at a contract price of $140 million.

SK Shipping in South Korea placed an order for two 105,000DWT product carriers at Hyundai Heavy Industries for delivery during 2009.