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Newbuilding Orders Picking Up Pace in the Wet Sector

Newbuilding Orders Picking Up Pace in the Wet Sector

Hellenic Shipping News

ore tankers and LNGs have been on the newbuilding ordering “menu” over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the gas carrier sector, China’s Zhoushan Dashenzhou Shipbuilding secured an order for 3 x 10,000 cu.m. LNG/ammonia carriers from Brazil’s Transpetro, the Petrobras subsidiary. Price is $53 mln each and deliveries are set for April 2028, August 2028 and May 2029. In the tanker sector, China’s Taizhou Kouan Shipbuilding secured an order for 2 x 114,000 dwt LR2 product tankers from China’s Shishi Dingsheng Shipping. The vessels are dual-fuel LNG ready, fully compliant with Tier III and EEDI standards, deliveries are scheduled for March and June 2029. Price $70 mln each. In the chemical sector, Japan’s Kitanihon Shipbuilding secured an order for 4 x 40,000 dwt fully stainless-steel chemical tankers for Norway’s Odfjell. The vessels are originally earmarked for Japanese ownership and will be purchased by Odfjell upon completion of deliveries. Total contract value is around $290 mln, with deliveries scheduled from March 2027 to December 2027”.

Meanwhile, in the S&P market, shipbroker Xclusiv added that the “dry S&P activity remained firm this week, with a notable concentration of deals in the Supramax sector. On the Post-Panamax sector, the geared “Ocean Fairy” – 87K/2010 Hudong Zhonghua was sold for mid USD 16 mills, while the “Corona Brave” – 88K/2006 Imabari achieved a price in the high USD 12 mills to Chinese buyers. Moving to the Panamax segment, the “Pabur” – 76K/2012 Taizhou Kouan was sold for USD 16.5 mills, while the “Donousa” – 76K/2004 Tsuneishi changed hands for USD 9.65 mills.

On the Ultramax sector, the modern “Amis Power” – 64K/2018 Tsuneishi Cebu fetched a strong USD 32 mills. On the Supramax sector, the “Astra Perseus” – 58K/2012 DSME Shandong was sold for USD 16.8 mills. On the same sector, the “Honcho” – 56K/2011 China Shipping Industry and “Honour” – 57K/2010 Cosco Zhoushan sold en bloc for low/mid USD 13 mills each. Additionally, the “Asteris” – 53K/2007 Yangzhou Dayang was sold for USD 9.8 mills, while the “Chakravati” – 55K/2006 Kawasaki achieved a price in the mid USD 10 mills. The older “Vosco Unity” – 53K/2004 Imabari changed hands at USD 8.5 mills. Finally, on the Handysize sector, the “Calobra” – 35K/2015 Taizhou Maple was sold for USD 18 mills, while the “KS Grace” – 36K/2014 Shikoku achieved USD 17 mills”.

“This week saw strong activity across the Suezmax and MR segments, with several enbloc transactions shaping the market. On the Suezmax sector, Greek buyers acquired the resale “Advantage Summit” – 158K/2026 Samsung and “Bhanu 1” – 157K/2026 Samsung for USD 120 mills each. In addition, the sister vessels “Front Idun” & “Front Ull” – 156K/2014 Jiangsu Rongsheng were sold enbloc for USD 140 mills. On the LR2 sector, the “STI Park”, “STI Sloane” and “STI Madison”- all 110K/2014 Hyundai Samho – were sold enbloc for USD 195 mills. Moving to the Panamax/LR1 segment, the “Danship Tope” – 76K/2008 Dalian was sold to Greek buyers for USD 19 mills. In the MR2 sector, the “Legend Innovator” – 50K/2026 Taizhou Zhonghang was sold for USD 50 mills. Moreover, the sister vessels “STI Aqua”, “STI Opera” and “STI Regina” – all 50K/2014 Korean-built – sold enbloc for USD 105 mills to Besiktas. The “Cordoba” – 47K/2007 Sungdong was sold for USD 17 mills. Finally, on the Handy segment, the Japanese-built resale quartet “Kitanihon 757”, “Kitanihon 756”, “Kitanihon 752” and “Kitanihon 753” – ranging between 40K-44K dwt and built 2028-2029 at Kitanihon – were sold enbloc for USD 290 mills. Finally, the “UOG Kyma” – 45K/2011 Onomichi was sold for USD 25.5 mills, while Greek buyers acquired the “Kirsten Maersk” – 40K/2010 GSI for USD 22 mills”, Xclusiv concluded.

Nikos Roussanoglou, Hellenic Shipping News Worldwide

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