Capesize dry bulk carriers have been in high demand over the past week, with more buyers “testing the waters”. In its latest weekly report, shipbroker Xclusiv said that “large sizes were quite active this week, with a total of five Newcastlemax and Capesize vessels finding new homes. The Scrubber fitted Newcastlemax “Bulk Shenzhen” – 208K/2020 New Times, the “Bulk Santiago” – 208K/2019 New Times and the “Bulk Sandefjord” – 208K/2019 New Times were sold for USD 209 mills enbloc to Middle Eastern buyers. On the Capesize sector, the “Eastern Freesia”- 180K/2010 Qingdao Beihai changed hands for USD 23.25 mills, while the Scrubber fitted “Battersea”- 169K/2009 Daehan was sold for USD 24.6 mills. The Electronic M/E Kamsarmax “Jiuxu 81” – 82K/2013 Wuhu Xinlian was sold for USD 18.5 mills. On the Ultramax sector, the “Great Vista” – 61K/2021 Dacks was sold via auction for USD 27.8 mills, while the “Beauty Lily” – 64K/2015 China Shipping found new owners for USD 22.25 mills. Last but not least, Navision Shipping acquired 2x Handysize vessels, the “Dvadesetprvi Maj”- 35K/2012 Shanghai Shipyard and the “Kotor”- 35K/2012 Shanghai Shipyard for USD 13.25 mills enbloc”.

Source: Xclusiv

In the tanker S&P market, the shipbroker added that “the LR2 “Yinghao Confidence” – 108K/2010 Tsuneishi was sold for USD 36.2 mills to clients of Flynn Ventures. Ultratank acquired the LR1 “GH Madison” – 75K/2010 HMD for USD 21.5 mills. On the MR2 sector, the “T Matterhorn”- 48K/2010 Iwagi was sold for USD 20 mills basis SS/DD due and basis TC attached till Q1 2026. Finally, the small tanker “Silver Ray” – 19K/2013 Kitanihon found new owners for USD 24.5 mills”, Xclusiv concluded.

Meanwhile, Banchero Costa added in its weekly report, that “in the Newcastlemax market, BULK SHENZHEN 208,000 DWT, 2020 New Times built, was reported sold en bloc with sisters BULK SANDEJORD and BULK SANTIAGO (both 2019) to clients of Asyad Shipping. The price tag for the three Nukes is $209 mln. In the Ultramax segment, BULK CASTOR 66,000 DWT, 2015 Mitsui built, was reported sold at $24.5 mln. The Supramax MARMARA S 57,000 DWT, 2012 STX built, was reported sold at $15 mln. Additionally, QUEEN FLOWER 50,400 DWT, 2013 Oshima built, was reported sold to clients of Devbulk at $16 mln. In the Tanker sector, the Suezmax OTTOMAN NOBILITY 153,000 DWT, 2005 Hyundai built, was reported sold at $27 mln to undisclosed interests. Danish giant Torm was behind the purchase of SKS DRIVA 120,000 DWT, 2010 Hyundai built, at $34 mln. The LR1 vessel GH MADISON 74,000 DWT, 2010 HMD built, was reported sold to clients of Ultratank at $21.5 mln. In the MR2 segment, HAFNIA TAURUS 50,000 DWT, 2011 SK Onishi built, was reported sold to clients of Seven Islands Shipping at $18 mln”.

Source: Banchero Costa

In the newbuilding market, the shipbroker added that “in the Bulk sector, Chinese yard Hengli H.I. secured an order from undisclosed German owners for 6 x 82,000 DWT Kamsarmax vessels. The price for each vessel is $35 mln and deliveries are set for Q4 2027 and end mid-2030. This week also saw increased business within the Ultramax segment, with Hong Kong’s King Ship placing an order for 4 x 63,000 DWT vessels to Taizhou Kouan Shipbuilding in China. Deliveries for the quartet are set to start Q4 2026 and finish Q2 2028. In the Tanker sector, Hengli H.I. secured an order for 2 x 306,000 DWT VLCCs from Norwegian owner Frontline Management. The duo is scheduled to be delivered in March and September 2028. Belgian owner Exmar placed an order for 4 x 157,200 DWT Suezmaxes to Korea’s DH Shipbuilding. Each unit is dual-fuel LNG ready and priced at $85.8 mln. Deliveries will start Q3 2027 and finish early 2029. This week, Taizhou Kouan Shipbuilding in China also secured a new order in the container sector, with Hong Kong’s Quan Tong ordering two 3,300 TEU carriers. Delivery is scheduled for late 2027 and early 2028”, Banchero Costa concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide