Container Ships Are Dominating Newbuilding Orders

Container ships have been dominating newbuilding ordering activity over the past week. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding front, “CMA CGM dominated the week with a $2,59 bln deal. Hyundai group will deliver 12 dual fuel LNG x 18,000 TEU container ship to the French owner within December 2028. Candler Schiffart placed an order for 2 x 12,000 dwt MPP at Jiangxi New Jiangzhou Shipbuilding, deliveries are expected by the end of 2027. Last relevant order was placed by Peter Dohle for 3 dual fuel LNG x 8,400 TEU container vessels at Guangzhou Shipyard with option for 2 more. Deliveries are expected from September 2027”.

Source: Banchero Costa

Meanwhile, in the market for second hand ships, shipbroker Xclusiv added that the VLCC sector saw very strong activity this week, with two sales reported. The Scrubber fitted VLCC “Leicester”- 301K/2017 SWS yard found new owners for 87 mills. The 20-year-old VLCC “Gold Pearl”- 319K/2005 HHI was sold for USD 29.5 mills. The Aframax sector was also active, as the “Sofia II” – 105K/2008 Sumitomo was sold for excess USD 31 mills to Chinese buyers. In the bulk segment, CAPE FRIENDSHIP 185,879 dwt 2005 Kawasaki built (SS due Mar 2027, DD due Jun 2025, BWTS fitted) was sold at $16 mln to undisclosed buyers.

MV VOLOS 82,700 dwt 2014 Sanoyas built (SS due Jun 2029, DD due Jun 2027) was reported sold to Greek interest at $24.25 mln. The Bangladesh based company Meghna Group was behind the purchase of CMB RUBENS 63,514 dwt 2018 Shin Kasado build (SS due, DD due), sold at $27.60 mln. On the tanker side, the Japan built Aframax SOUSTA 106,045 dwt 2007 Tsuneishi (SS due Jun 2027, DD due July 2025) was reported sold to undisclosed interest at $31 mln. Indian interests were behind the sale of the Handy tanker AB SERENA 13,273 dwt 2008 Jinse built (SS due Mar 2028, DD due Jun 2026) at $11 mln”, the shipbroker noted.

Source: Xclusiv

In a separate note, Banchero Costa added that “Newcastlemax and Capesize sectors saw strong activity this week, accounting for half of all sales. Seanergy acquired the Newcastlemax “Berge Kita” -208K/2013 Imabari for USD 39 mills. In the Capesize sector, the “Cape Friendship”-186K/2005 Kawasaki was sold for USD 16 mills, and the “Gloriuship”-171K/2004 Hyundai Samho found new owners for USD 15 mills. The Post-Panamax and Kamsarmax sectors were also active, having to report two vessels. The Post-Panamax “Kambanos”-87K/2010 Hudong Zhonghua changed hands for USD 12 mills. Chronos shipping sold their  last Kamsarmax, the “Patra”-81K/2012 Universal, to Greek buyers close to USD 16 mills. Finally, Chinese buyers acquired the Supramax “Orion”-56K/2007 Mitsui for USD 10.5 mills”, the shipbroker concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide