More Newbuilding Orders for Container Ships, as Dry Bulkers Dominate Second Hand Market
Newbuilding ordering activity has been rather active in the container shipping market, with bulkers being the main focus of the second hand market. In its latest weekly report, shipbroker Banchero Costa said that “in the Container sector Chinese builder Huangpu Wenchong contracted an order for 4 x 2,700 teu containerships from Ningbo Ocean Shipping. The deal was valued in total around $192 mln. Deliveries are set to start in March 2028 and finish in Dec 2028. Hyundai builder contracted an order for 8 x 16,000 teu from Ocean Network Express approximately at $220 million each. Deliveries are set to start in March 2027 and finish in Dec 2029. Options for four additional vessels could bring the total order to 12 ships. In the Gas sector, Hudong-Zhonghua secured an order for one 18,600 cbm from Spanish Shipowner Grupo Ibaizabal , this vessel will be fitted with GTT tank containment system. The price was not disclosed and delivery is set for Q1 2029. In the Bulk sector, Nantong COSCO KHI (NACKS) agreed to build a 64,000 dwt Ultramax for Kumiai Navigation at $35 mln, delivery is scheduled in mid-2029. In the Chemical sector CSET (Cosco Shipping Energy Transportation) an order emerged for a 9,200 dwt fully stainless steel tanker at Wuhan Shuangliu Wuchang. Deal was reported at $25,1 mln and will be delivered in Sep 2028”.
Source: Banchero Costa
Meanwhile, in the S&P market, shipbroker Xclusiv said that “in the dry bulk market this week, the Kamsarmax/Panamax sector showed significant activity, accounting for half of all sales. German buyers acquired the Kamsarmax “Kazahaya” – 82K/2017 Tsuneishi Cebu for USD 27.5 mills. On the same sector, the “CL Tiffany” – 82K/2013 Yangfan, the “CL Mona” – 82K/2013 Yangfan and the “CL Grace”- 82K/2012 Yangfan were sold for USD 45 mills enbloc to Chinese buyers. Moreover, Chinese buyers acquired also the Kamsarmax “Key Action” – 82K/2010 Tsuneishi Zhoushan for region/excess USD 15 mills. The Panamax “Jawor”- 80K/2010 New Century was sold for region USD 11 mills to European buyers basis surveys due. On the Ultramax sector the “Nord Mississippi”- 60K/2015 Mitsui was sold for USD 22 mills to Greek buyers.
Chinese buyers acquired the Supramax “NZ Hangzhou” – 57K/2012 Qingshan for USD 12 mills, while on the same sector, the “Ivy Alliance”- 56K/2011 IHI Marine United changed hands to Vietnamese for USD 15.6 mills. Finally, on the Handysize sector, the “Vega Dablam” – 35K/2011 Zhejiang Yueqing found new owners for USD 8.5 mills. On the VLCC sector, Chinese buyers acquired the VLCC “M. Star” – 314K/2008 Kawasaki for USD 47 mills. On the MR2 sector, the Zinc Coated “World Navigator” – 47K/2010 HMD was sold to Greek buyers for USD 17 mills basis surveys due. Chinese buyers acquired the Ice Class 1A MR1 “Pelagic Tarpon” – 45K/2006 STX for USD 14 mills”, the shipbroker concluded.
Source: Xclusiv
Meanwhile, Banchero Costa added that “in the bulk sector, the Kamsarmax KEY ACTION 82,168 dwt 2010 Tsuneishi CEBU built was reported sold in excess of $15 mln to Chinese interests. Vietnamese interests were behind the purchase of MEDI NAGOYA 81,671 dwt 2018 Tsuneishi CEBU, reported sold at $27.50 mln. In the Panamax segment, Chinese interests were behind the purchase of OURANIA LUCK 75,961 dwt 2000 Kanasashi H.I. built reported sold at $5.50 mln. In the Ultramax segment, Greek interests were behind the purchase of NORD MISSISSIPI 60,456 dwt 2015 Mitsui Tamano built, sold at $22 mln. In the Supramax segment, NZ HANGZHOU 56,709 dwt 2012 Qingshan built was reported sold to Chinese interests at $12 mln. IVY ALLIANCE 55,800 dwt 2011 IHI Marine united was reported sold to undisclosed interests at $15.60 mln. In the tanker sector, the VLCC MARAN CANOPUS 320,475 dwt 2007 Daewoo built was reported sold at $48 mln to undisclosed interests. M. STAR 313,798 dwt 2008 Kawasaki built was sold to undisclosed interests at $40.80 mln. In the MR segment, the Dubai based company GESCO was behind the purchase of STI REGINA 50,000 dwt 2014 SPP built reported sold at $31 mln. WORLD NAVIGATOR 46,600 dwt 2010 Hyundai Mipo built was reported sold to undisclosed interests at $16 mln. For comparison, during February NH ERLE 50,000 dwt 2010 Hyundai Mipo built was sold at $mid $22 mln. In the container sector, MSC was behind the purchase of 2 sistership ATHENS GLORY and MSC AQUARIUS 6,492 teu 2003 IHI Marine United, reported sold enbloc at $44 mln. ELA 1,740 teu 2012 Guangzhou Huangpu built was reported sold to Greeks interests at $21.20 mln”, the shipbroker concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide
