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Greek Ship Owners Increase Newbuilding Orders

Greek Ship Owners Increase Newbuilding Orders

Hellenic Shipping News

ore Greek owners have placed newbuilding orders over the past few days. In its latest weekly report, shipbroker Banchero Costa noted that “Chinese groups led newbuilding contracting with sizable orders, while Greek owners maintained a dynamic presence. In the dry bulk segment, Shandong Shipping proceeded with an order for 10 VLOCs at Qingdao Beihai, priced at $130m per vessel. Energy One agreed with Swan Defence of India for a quarter of 92.5k dwt ammonia dual fuel bulkers, to be delivered in 2029 -2030. On the wet side, Carlova Maritime commissioned Hanwha Ocean for a single 300k dwt tanker, due in 2029, priced at $130m, while also placing an order for a 114k dwt LR2 at Hengli Shipbuilding, for 2028 delivery, at $73m. Venergy Maritime secured a pair of 157k dwt tankers at GSI, China. Similarly, Eastern Pacific booked a further pair of 157k dwt units also at the same yard, for 2028 delivery, while Swiss Maritime Capital contracted DH Shipbuilding, for a duo of 157k dwt crude carriers, at $90m apiece. In containerships, Cosco Shipping ordered 12 LNG dual fuel 14k teu boxships at Hudong Zhonghua estimated at $170m–$190m each. Peter Dohle added a pair of 3.1k teu units at Chengxi Shipyard, valued at $48m apiece. Furthermore, Zhonggu Logistics placed an order for 10 vessels of 1.8k teu each at Wuhan Qingshan Shipyard, at $39.2m each. Elsewhere, JP Morgan booked a pair of VLGCs at Samsung HI, at $113m per unit. Byzantine Maritime also secured a duo of 40k cbm LPG carriers at HD Hyundai HI, due in 2029, valued at $79m per unit. Finally, CNOOC commissioned a pair of AHTS vessels at Jiangmen Hantong, at $25.4m apiece”, the shipbroker said.

Meanwhile, in the S&P market, shipbroker Xclusiv said that in the dry bulk market, “this week saw a firm flow of activity across the Kamsarmax, Panamax and handysize segments, with a notable volume of modern and vintage units changing hands. On the Kamsarmax sector, the modern vessels “SEACON VANCOUVER” – 85K/2023 CSSC Huangpu and “SEACON OSLO” – 85K/2023 CSSC Huangpu were both sold for USD 36 mills each. Greek buyers acquired the “JOHN M CARRAS” – 82K/2012 Daewoo for USD 18.2 mills, while the “DIAMANTINA” – 82K/2010 Tsuneishi Zhoushan achieved USD 19 mills. In the Panamax sector, the “N AMALTHIA” – 75K/2006 Universal was sold for USD 10.3 mills, while Chinese buyers acquired the “TAILWINDS” – 73K/2004 Jiangnan Shipyard for USD 8.5 mills.

The Supramax “AQUAVITA BAY” – 55K/2014 JMU was sold for excess USD 20 mills, while the 3-year older “PLATON” – 58K/2011 SPP was sold for USD 15.4 mills. The Handysize segment continued to attract strong interest. Nova Marine acquired the logs fitted and Open Hatch “BERGE HALLASAN” – 38K/2016 Naikai for USD 21.3 mills basis purchase option declaration. The “NANAIMO BAY” – 34K/2016 Namura was sold for excess USD 19 mills. Further deals include the logger “STAMFORD PIONEER” – 32K/2012 Taizhou Maple at USD 8.5 mills, while the ice-classed loggers “COSCO KUNLUNSHAN” – 32K/2010 Fujian Mawei and “JIN WANG LING” – 32K/2010 Guangzhou Huangpu were sold for USD 8.2 mills each. Finally, smaller Handies saw steady demand with the “ITHACA PATIENCE” – 28K/2010 Shimanami achieving high USD 9 mills”.

In the tanker segment, “this week saw a healthy flow of activity across the suezmax and MR segments. Notably, two Suezmax units, “CAP FELIX” – 159K/2008 Samsung and “SIENNA” – 150K/2007 Universal were sold enbloc for a combined price of USD 95 mills. In the LR1 “PM MONARCH” – 77K/2007 Dalian achieved USD 20 mills. On the MR2 sector, activity was led by modern scrubber fitted tonnage, with the sister vessels “STI BLACK HAWK” – 50K/2015 HMD and “STI BROOKLYN” – 50K/2015 SPP both sold for USD 35 mills each, with delivery expected in Q2 2026. Finally, in the smaller sizes, the ice class II “RINELLA M” – 40K/2006 Santierul Naval was sold for USD 13.5 mills, while the “YC AZALEA” – 20K/2004 Shin Kurushima changed hands for USD 10.75 mills”, Xclusiv concluded.

Nikos Roussanoglou, Hellenic Shipping News Worldwide

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