Ship Owners Move Towards Second Hand Vessels<\/p>\n
Hellenic Shipping News<\/p>\n
ctivity over the past week looked to be more dynamic in the S&P front, rather than the newbuilding market. In its latest weekly report, shipbroker Xclusiv said that \u201con the On the Newcastlemax sector, Chinese buyers acquired the \u201cRTM CARTIER\u201d \u2013 205K\/2012 HHIC and the \u201cRTM ZHENG HE\u201d \u2013 205K\/2012 HHIC for excess USD 90 mills each. Moving down the sizes, the Post-Panamax \u201cOHSHU MARU\u201d \u2013 92K\/2011 Namura was sold for USD 16.2 mills, while the Panamax \u201cALEXANDROS PETRAKIS\u201d \u2013 76K\/2008 Shin Kasado sold for region USD 13.3 mills to Chinese buyers.<\/p>\n
In the Ultramax sector, two resales the \u201cNEW DAYANG NDY1315\u201d and \u201cNEW DAYANG NDY1316\u201d \u2013 64K\/2027 New Dayang changed hands at USD 36.5 mills each. On the Supramax segment, the \u201cSUNNY ROYAL\u201d \u2013 59K\/2011 Kawasaki was sold for USD 18.5 mills with SS\/DD due 2028\/2030, while the \u201cHONOUR\u201d \u2013 57K\/2010 Cosco Zhoushan sold for USD 13.3 mills to Chinese buyers. Additionally, the OHBS \u201cPHOENIX K\u201d \u2013 55K\/2007 Oshima was sold for USD 14 mills. Finally, in the Handysize sector, Vietnamese buyers acquired the \u201cSTRADION\u201d \u2013 37K\/2011 HMD and the \u201cDORYSIA\u201d \u2013 37K\/2010 HMD enbloc for USD 25.5 mills\u201d.<\/p>\n
In the tanker market, Xclusiv added that \u201con the VLCC sector, Chinese buyers acquired the \u201cKASAGISAN\u201d \u2013 302K\/2006 Mitsui for USD 58 mills. On the LR1 segment, the \u201cCAPE TAMPA\u201d \u2013 74K\/2009 New Times was sold for low\/mid USD 20s, and the one-year older \u201cCAPE TAFT\u201d \u2013 74K\/2008 New Times was sold for low USD 20s. Additionally, the \u201cPAN CAKE\u201d \u2013 73K\/2006 Dalian was sold for USD 19 mills. In the MR2 sector, the \u201cOPTIMAL ACE\u201d \u2013 50K\/2006 STX changed hands for USD 16.5 mills, while the \u201cGT FREEDOM\u201d \u2013 46K\/2003 Shin Kurushima was sold for USD 8.5 mills. On the MR1 sector, Greek buyers acquired the \u201cEASTERLY CANYON\u201d \u2013 37K\/2009 HMD for USD 19 mills. Finally, in the small tanker segment, the sister vessels \u201cBRO NISSUM\u201d and \u201cBRO NUUK\u201d \u2013 17K\/2008 Chinese built were sold enbloc for USD 12 mills each. The stainless steel \u201cGINGA SAKER\u201d \u2013 20K\/2003 Shin Kurushima was also sold to Chinese buyers for USD 10.8 mills\u201d, the shipbroker concluded.<\/p>\n
Meanwhile, in the newbuilding market, shipbroker Banchero Costa added that \u201cin the tanker sector, China\u2019s Yangzhou Ryuwa Shipbuilding secured an order for 1 x 114,000 dwt tanker from China\u2019s Yangpu Zhongxin Shipping. Option retained for two more (potential total of five vessels). Total cost including options if exercised is $293 mln; delivery is January 2029. South Korea\u2019s Hyundai Samho secured an order for 1 x 93,000 cu.m. LPG carrier from Turkey\u2019s Aygaz. Price is $117.3 mln and delivery is September 2028. China\u2019s COSCO Shipping (Qidong) secured an order for 2 x 74,900 dwt crude oil carriers from Cosco Shipping Energy. Price is $70 mln each and delivery is October 2028 for both\u201d, the shipbroker concluded.<\/p>\n
Nikos Roussanoglou, Hellenic Shipping News Worldwide<\/p>\n
hellenicshippingnews…<\/p>\n