Orders for Container Ships on the Rise

Orders for container ships were on the rise last week. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector, MSC placed an order of 3 x 22,000 teu vessels to Chinese shipyard CMHI Quindao and they will feature LNG dual fuel propulsion. The price for each vessel is estimated between $209-216 mln and deliveries are set in mid-2027 for all of them. Chinese yard Huangpu Wenchong secured an order from the Taiwan based company TS Lines for 5 x 5,000 teu carriers. The price for each vessel is $62.5 mln and deliveries are set to start in Q3 2027 and finish in mid/late 2029. The Greek company Latsco Shipping placed an order to Chinese yard Huangpu Wenchong for 2 x 1,900 teu vessels that will have conventional propulsion and will be scrubber fitted. The price is $31 mln for each vessel and deliveries are set for mid2027 and late-2027. There are rumours saying that China Merchants (Jinling) has secured an order of 2 x 1,800 teu feeder from Greek based company Chios Navigation. The price is rumoured to be $31 mln for each vessel and deliveries are expected for mid-2026. In the tanker sector, the south Korean company Hanwha Shipping ordered one x 330,000 dwt VLCC vessel to his own yard Hanwha Ocean. The vessel will be scrubber fitted. No price was disclosed and delivery is set for mid-2027. New Times Shipyard has secured an order from the Cyprus based company Seatankers Management for 6 x 156,800 dwt suezmaxes. No price was disclosed and deliveries are set to start in Q1 2027 and finish in Sep 2029. The newly formed Greek Owner Venergy Maritime placed an order of 2 x 50,000 dwt MR2 vessels to south Korean yard K Shipbuilding. No price was disclosed and delivery are set for early 2027 and early 2028”.

Source: Banchero Costa

Meanwhile, in a separate note, shipbroker Xclusiv said that in the S&P market, it was “a busy week in the dry bulk secondhand market, with notable activity across Capesize, Panamax, and Supramax segments. In the Capesize sector, the “Asian Blossom” – 181K/2010 Imabari changed hands for USD 28.5 mills basis 2-Year BBHP, while the “Mount K2” – 176K/2011 Mitsui was sold to Chinese buyers for USD 26.5 mills. On the Post-Panamax front, the “Azalea Wave” – 95K/2013 Koyo was sold for region USD 17.5 mills. Among Kamsarmaxes, the “Avicl Atermis” – 82K/2019 Jiangsu Jinling fetched low USD 24 mills, while the Scrubber fitted “Darya Shanti” – 82K/2016 JNS achieved excess USD 21 mills. The vintage Panamax “Ivestos II” – 76K/2004 Tsuneishi was sold to Vietnamese buyers for USD 8.4 mills. On the Ultramax segment, Japanese-built “Mona Lisa” – 63K/2019 Imabari found new owners for USD 28.5 mills, while “Hakata Queen” – 60K/2016 Mitsui was sold for USD 23 mills.

In the Supramax space, the “Tenro Maru” – 57K/2016 Tsuneishi Cebu changed hands for USD 21.5–22 mills, and the “Medi Manila” – 58K/2014 Tsuneishi Zhoushan was sold for USD 17.7 mills. A pair of Chinese-built Supras, the “SFL Humber” – 57K/2012 and the “SFL Kate” – 57K/2011 were sold enbloc for USD 24 mills. On the Handy sector, the “Deneb Harmony” – 37K/2020 Oshima was sold for USD 24.5—25 mills to Far East buyers. In the tanker segment, three tanker sales were reported this week across the Aframax and MR2 segments. The Aframax “Ise Princess” – 105K/2009 Sumitomo was sold for USD 32.5 mills. In the MR2 segment, the “Valrossa” – 50K/2008 SPP changed hands for USD 17 mills, while the Japanese-built “San Fernado” – 48K/2005 Minaminippon was committed for USD 12 mills”, the shipbroker said.

Source: Xclusiv

Banchero Costa added that “in the Bulk sector, the Capesize ASIAN BLOSSOM 180,000 dwt 2010 Imabari built was reported sold to Greek interests at $28.40 mln. In the Post-Panamax segment, AZALEA WAVE 95,584 dwt 2013 Koyo built was reported sold to undisclosed interests at $17.20 mln. In the Ultramax segment, Greek interests were behind the purchase of IVS SWINLEY FOREST 60,492 dwt 2017 Sanoyas built at $23.20 mln. For comparison MAPLEGATE 63,000 dwt 2019 Iwagi built was sold in April at $31,5 mln. In the Supramax segment, LUMINOUS SKY 54,514 dwt 2012 Zhejiang built was reported sold to undisclosed buyers at $6.25 mln In the Handy segment, TENRO MARU 35,000 dwt 2016 Tsuneishi built was sold at $22.00 mln. In the Container sector, HANSA HORNEBURG 1,732 teu 2007 Guangzhou built was reported sold to Global Feeder Shipping at $19.50 mln. In the Tanker sector, the MR2 GRAND ACE7 46,140 dwt 2007 STX was reported sold to Emirates interests at $14.8 mln. For comparison HORIZON ATHENA 50,000 dwt 2008 SPP built was sold in January at range $20 mln”, the shipbroker concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide