Demand for second hand dry bulk carriers was quite high last week. In its latest weekly report, shipbroker Xclusiv said that “the dry S&P activity was strong this week, with the Ultramax/Supramax sector taking the lion’s share, as almost half of the sales were in that segment. On the Newcastlemax sector, the “Mineral Cloudbreak” – 205K/2012 HHIC was sold to Hong Kong buyers for USD 39 mills, while the Capesize “Wakayama Maru” – 182K/2013 Koyo was sold to clients of Asyad for USD 37 mills. On the Kamsarmax sector, the “Nord Taurus” – 82K/2016 Imabari changed hands for USD 27.5 mills. Moreover, the Panamax “Alpha Loyalty” – 76K/2007 Tsuneishi was sold to Chinese buyers for USD 10.25 mills basis DD due, while the “Eirini P.” – 77K/2004 Tsuneishi found new owners for USD 8.5 mills. On the Ultramax sector, the “CMB Teniers” – 63K/2021 Shin Kasado and the “CMB Van Dijck” – 63K/2020 Shin Kasado were sold to clients of HMM for excess USD 65 mills. Moreover, on the same sector, the Scrubber fitted “Elizabeth M II” – 63K/2020 Nantong Xiangyu changed hands for USD 30 mills, while the Electronic M/E “Bulk Castor” – 67K/2015 Mitsui sold for USD 24 mills. Furthermore, the Scrubber fitted & Electronic M/E “African Cheetah” – 67K/2014 Mitsui which sold to Bangladeshi buyers for USD 24 mills. On the Supramax sector, the OHBS “Queen Flower” – 50K/2007 Oshima was sold to clients of Devbulk for mid USD 16 mills. Finally, on the Handysize sector, the “T Symphony” – 32K/2011 Taizhou Maple was sold for USD 8.5 mills, while the “CH Doris” – 34K/2010 Zhejiang Zhenghe and the “CH Bella” – 34K/2010 Zhejiang Zhenghe both changed hands for USD 8.2 mills each, basis SS/DD due”.

Source: Xclusiv

In the tanker market, Xclusiv commented that “this week witnessed strong activity across all tanker segments. In the Aframax/LR2 sector, the scrubber-fitted “Advantage Summer” – 156K/2010 Jiangsu Rongsheng was sold for USD 38 mills, while the older Non Scrubber “Ottoman Nobility” – 153K/2005 HHI changed hands for USD 27 mills. On the Aframax/LR2 sector the Electronic M/E “SKS Driva” – 119K/2010 Hyundai Samho was sold for USD 34 mills to clients of Torm. Moreover, the “Patmos Warrior” – 106K/2007 Sumitomo was sold to Chinese buyers for USD 27.5—28 mills. In the Panamax/LR1 sector, the “Seaways Luzon” – 75K/2005 STX was sold for excess USD 11 mills. Turning to the MR2 sector, the “Astir Lady” – 50K/2011 SPP changed hands for low USD 21 mills, the “Hafnia Taurus” – 50K/2011 GSI was acquired by Seven Islands for USD 18 mills, while the “Elandra Corallo” – 51K/2008 SPP was sold to Ancora Tankers for region USD 17 mills. Among smaller tankers, the “Jipro Isis” – 38K/2008 Shin Kurushima was sold to Avin International for USD 13.35 mills. In the small chemical/product tanker space, the “Asia Aspara” – 14K/2012 Fujian Shenglong found new owners for USD 10.5 mills, while the stainless-steel “F Mumbai” – 20K/2005 Usuki was sold to Chinese buyers for mid USD 13 mills”, the shipbroker concluded.

In a separate report this week, shipbroker Banchero Costa noted that “this week in the container sector, Korean giant Hanwha Ocean secured an order of 7 x 15,880 teu carriers from Taiwanese company Yangming Marine. Deliveries are set to start Q1 2028 and finish Q1 2031. The entire order for seven vessels is valued at $1.4 bln. Singapore-based Flex Box Shipping placed an order of 4 x 8,000 teu carriers to Hyundai Samho shipyard in Korea. The price for each vessel is $117.3 mln and deliveries are scheduled to start mid-2027 and finish late-2028. Greece’s Minerva Marine Inc. placed an order of 2 x 1,800 teu carriers to China’s Yangzijiang Shipyard. Each vessel is priced at $32 mln and the duo will be delivered Q1 and Q3 2028. In the tanker sector, Romanian company Histria Shpmgmt placed an order of 2 x 40,000 dwt tankers to Romanian yard Constanza. Each vessel is estimated at $45 mln apiece and are due for delivery Q3 2027 and Q1 2028”.

Source: Banchero Costa

Meanwhile, in the newbuilding market, Banchero Costa added that “this week in the bulk sector, the Kamsarmax TR LADY 82,000 dwt 2017 YZJ built was reported sold to Greek interests at $24 mln. In the Panamax segment, EIRINI P 76,000 dwt 2004 Tsuneishi JPN built was reported sold at $8.5 mln. In the Supramax segment, EXPLORER EUROPE 61,000 dwt 2012 Iwagi Zosen built was reported sold to Chinese interests at $18.3 mln. In the Handy segment, sisters CH BELLA and CH DORRIS – both 33,000 dwt 2010 Zhejiang Zhenghe built – were reported sold at $8.20 mln apiece. The tanker sector was relatively quiet this week regarding secondhand sales. In the Aframax segment, OLYMPIC SEA 105,000 dwt 2008 SWS built reported sold with sister OLYMPIC SKY (2008). The duo was reported sold at $29.5 mln each”, the shipbroker conclude.
Nikos Roussanoglou, Hellenic Shipping News Worldwide