More Newbuilding Orders and S&P Activity in the Shipping Markets
Hellenic Shipping News
ctivity remained strong in the newbuilding and S&P markets over the past few days. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding segment “in the container sector, China Merchants H.I. secured an order for 4 x 1,800 teu dual-fuel methanolready containerships from China Merchants Energy Shipping. The combined eight-vessel program is valued at about $556 mln and deliveries are set for 2028. China’s Hudong-Zhonghua Shipbuilding secured an order for 1 x 13,600 teu LNG dual-fuel containership from Cosco Shipping Holdings for operation under OOCL. The vessel is priced at $185 mln, with delivery scheduled for June 2028, and it can also operate on conventional fuel. In the bulk sector, China’s Dajin H.I. secured an order for 4 x 210,000 dwt Newcastlemax bulk carriers from Cyprus-based Seatankers Management.
The firm order is valued at around $294 mln, with deliveries expected in batches from the second half of 2028 to the first half of 2029. Japan’s Saiki Shipbuilding secured an order for 4 x 40,000 dwt bulk carriers from Taiwan’s Wisdom Marine Lines. The vessels are part of a six-ship series for the owner and the lead unit is priced at $32 mln, with delivery scheduled for April 2027. In the tanker sector, China’s unnamed yard secured an order for 6 x 50,000 dwt methanol-ready product tankers from China’s Yangzijiang Maritime. The vessels are priced at $46 mln each, with deliveries scheduled from October 2029 to July 2031. China’s unnamed shipyard located in Jiangsu secured an order for 4 x 114,000 dwt crude oil carriers from China’s Yangzijiang Maritime. The vessels are priced at $75 mln each, with deliveries scheduled for May 2028, August 2028, February 2029 and June 2029”, the shipbroker said.
Meanwhile, in the S&P market, shipbroker Xclusiv said that in the dry bulk market, “on the Capesize sector, the “BULK JOYANCE” – 175K/2012 Jinhai Heavy was sold for USD 33 mills. Moving down to the Post-Panamax segment, the “LESTARI MANJUNG” – 93K/2011 Jiangsu New Yangzi changed hands for USD 14 mills, while the Kamsarmax “SIROCCO” – 82K/2014 Sainty was sold for region/xs USD 20 mills. In the same size range, Greek buyers acquired the “ELWAY” – 82K/2012 Jiangsu Eastern for USD 16.2 mills. The Panamax “PRABHU YUVIKA” – 76K/2004 Sumitomo found new owners for USD 10 mills. On the Supramax/Ultramax sector, the “V BRAVO” – 57K/2012 Zhejiang Zhenghe was sold for excess USD 14 mills, while the “VALIANT WAVE” – 53K/2005 Imabari was sold for USD 10.3 mills. Finally, on the Handysize sector, the modern “AMATERAS HARMONY” – 37K/2021 Saiki achieved region/xs USD 30 mills, while the “BRAVE STAR” – 38K/2019 Kanda Zosensho was sold for USD 28.5 mills basis 3-year BBHP”.
In the tanker market, Xclusiv noted that “this week saw firm activity across the VLCC and Suezmax sectors. In the VLCC space, the “C. INNOVATOR” – 314K/2012 Dalian and “C. PROGRESS” – 314K/2012 HHI were sold for USD 60.3 mills each. On the Suezmax sector, the “STELLA” – 165K/2011 Hyundai Samho achieved USD 67 mills, while the “AEGEAN HORIZON” – 159K/2007 HHI was sold for USD 52 mills basis prompt delivery East. Moving down to the Aframax/LR2 segment, the modern Scrubber fitted “SOUTHERN REVERENCE” – 109K/2018 Tsuneishi was sold for USD 75 mills. In the Panamax/LR1 segment, the coated and coiled units “SOCRATES” – 74K/2008 Sungdong and “SELECAO” – 74K/2008 Sungdong were sold at low USD 20 mills each. The iced class MR2 “CERS” – 51K/2006 Shina changed hands for mid/high USD 14 mills basis prompt delivery in the Med with SS/DD due.Finally, on the small tanker sector, the “VS REMLIN” – 35K/2003 Dalian was sold for USD 6 mills”, the shipbroker concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide
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