Newbuildings: “Green” Ships Are in Demand
Ships which can be seen as “future-proof” are the most in demand from ship owners looking to place newbuilding orders. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Chinese company Fujian GuoHang Ocean placed an order of 2 x 89,000 Panamax vessels with dual-fuel methanol propulsion to Chinese yard Wuhu. The price for each vessel is $37 mln and deliveries are set for Q3 2027 and Q1 2028. In the tanker sector, the Singaporean company Eastern Pacific Shipping Pte placed an order of 2 x 158,000 dwt Suezmax vessels to Chinese yard Hengli H.I. The price for each vessel is $89.5 mln and deliveries are scheduled for late 2027 and Q4 2028. In the container sector, Chinese yard New Dayang secured an order from the Greek based company Chartwrold Shipping Corp. for 4 x 3,100 teu carriers. The price for each vessel is $42 mln and deliveries are set to start in Q1 2028 and finish in late 2028”.

Source: Banchero Costa
Meanwhile, in the S&P market, shipbroker Xclusiv noted that “dry S&P activity was fairly firm this week, with a total of 11 vessels changing hands, ranging in age from 9 to 14 years, most of them being China-built. On the Capesize sector, Chinese buyers acquired the Scrubber fitted “Pacific West” – 176K/2012 Jinhai Heavy for USD 23.2 mills, while the one-year older Scrubber fitted “Pacific North” – 180K/2011 Dalian was sold for excess USD 25 mills to Greek buyers. The Scrubber fitted Kamsarmax “Ultra Lion” – 82K/2015 Tsuneishi Zhoushan was sold for USD 24.8 mills. Greek buyers acquired the Ultramax “Beauty Peony” – 64K/2015 CSI Jiangsu for excess USD 20 mills, while the Electronic M/E Supramax “Stonewell Pioneer” – 57K/2014 Taizhou Sanfu was also sold to Greek buyers for region USD 14 mills.
Finally, on the Handysize sector, the “Hamburg Way” – 39K/2016 JNS and the “Hamburg Pearl” – 39K/2016 JNS were sold for low USD 17 mills each to different European buyers, while the 5-year-older OHBS “Wooyang Queen”- 37K/2011 Saiki was sold for high USD 13 mills to Vietnamese buyers. Meanwhile, on the Suezmax sector, the Scrubber fitted “Adebomi” – 151K/2004 Universal and the “Ijemo” – 152K/2003 HHI were sold enbloc for excess USD 40 mills. Greek buyers acquired 2x MR2, the “Oriental Diamond” – 51K/2008 SPP and the “Oriental Gold” – 51K/2008 SPP for USD 31 mills enbloc. Finally, the MR1 “Favola”- 37K/2002 STX was sold for excess USD 7 mills to Nigerian buyers”, the shipbroker said.

Source: Xclusiv
Similarly, Banchero Costa added that “in the Capesize segment, PACIFIC NORTH 180,000 dwt 2011 Dalian built was reported sold to Greek interests at $25 mln. In the Kamsarmax segment, ULTRA PUMA 81,855 dwt 2016 Tsuneishi built was reported sold to Far Eastern interests at $25.25 mln. In the Panamax segment, undisclosed interests were behind the purchase of WHITE WHALE 76,000 dwt 2012 Hudong Zhonghua built at $12.75 mln. In the Supramax segment, JIN GANG 56,928 dwt 2009 Chengxi built was reported sold to Chinese interests at $10.80 mln. For comparison, during March New Venture 53,000 dwt 2009 Chengxi built wassold at $10 mln. In the Handy segment, HAMBURG PEARL 39,300 dwt 2016 Jiangmen Nanyang built was reported sold to European interests at $17.00 mln. For reference, in May Western Miami 39,000 dwt 2015 Jiangmen built was sold at $14.5 mln. In the Container sector, A OBELIX 1,702 teu 2008 Wadan built was reported sold to Greek interests at $25.25 mln. In the Tanker sector, the LR2 vessel HESPERIA TIDE 115,000 dwt 2025 Zhoushan Changhong built was reported sold to NEW SHIPPING at $70.00 mln. In the Chemical segment, undisclosed interests were behind the purchase of ASTIR LADY 50,286 2011 SPP built at $19.50 mln”, the shipbroker concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide