The main focus of owners active in the S&P market over the past week have been bulkers and suezmaxes. In its latest weekly report, shipbroker Xclusiv said that in the dry bulk market, “activity this week was spread across the Kamsarmax down to Handysize segments, with a notable presence of modern and resale candidates. On the Post-Panamax/ Kamsarmax sector, the “COPERNICUS N” – 93K/2010 Tsuneishi Zhoushan was sold for USD 12.35 mills, while the modern Kamsarmax “GIA INSPIRATION” – 85K/2022 CSSC Tianjin achieved USD 33.3 mills. The “MG MERCURY” – 83K/2016 Imabari was acquired by Far Eastern buyers for USD 28.5 mills, and the “LOCH LONG” – 82K/2013 Tsuneishi Zhoushan was sold to Greek interests for USD 23 mills. On the Panamax sector, Greek buyers acquired the “BARWON” – 78K/2015 Sasebo for low USD 26 mills. Moving to the Ultramax sector, the “JIN RUI” – 64K/2014 Jiangsu Hantong was sold to clients of Huaya Maritime for USD 24 mills, while the Supramax Tier II“HONY FUTURE” – 57K/2012 Xiamen changed hands at low USD 14 mills. Moreover, the “XO COPENHAGEN” – 58K/2010 Tsuneishi Zhoushan was sold to Chinese buyers for USD 16.3 mills, the “FIGEAC” – 53K/2011 Chengxi was sold for USD 13 mills, and the “PAPA JOHN” – 57K/2010 Qingshan achieved mid/high USD 13 mills. Finally, in the Handysize sector, three OHBS sister vessels, “JIANGSU DAJIN DJHC6404”, “JIANGSU DAJIN DJHC6405” and “JIANGSU DAJIN DJHC6406” – 40K/2027 Jiangsu Dajin were sold enbloc for USD 90 mills”.

Source: Xclusiv

In the tanker S&P market, Xclusiv noted that “Sinokor has now shifted its focus to the Suezmax segment, following its extensive VLCC buying spree which significantly supported both markets and asset values throughout 2026. Indicatively, the company committed about USD 83 mills for 10-year-old, South Korean-built Suezmax units, effectively driving benchmark prices for this age group up by roughly 10%.

In this context, the “AEGEAN VISION” – 159K/2017 HHI was sold for USD 82, while the scrubber fitted “SILVERWAY” – 158K/2017 Sungdong was sold for USD 82 mills, both to clients of Sinokor. Furthermore, the “AEGEAN MARATHON” – 159K/2016 HHI was sold also to clients of Sinokor, at the same level of USD 82 mills, confirming the strong pricing appetite for modern Suezmax units. Finally, the vintage “NORDIC SKIER” – 159K/2005 HHI changed hands for USD 40 mills”.

Source: Banchero Costa

Meanwhile, in a separate weekly note, shipbroker Banchero Costa commented that in the newbuilding market “in the tanker sector, China’s Hengli Heavy Industry secured an order for 4 x VLCCs from Greek owner Dynacom with delivery estimated to start at the end of 2029 and be completed by Q2 2030, lifting their total at this yard to 16 vessels (over 60 VLCCs overall). Greek owner Chandris firmed 2 x suezmax tankers at Shanghai Waigaoqiao to modernize its fleet. Deliveries are estimated to be in mid 2028 and be completed in late 2028. In the container sector, Taiwan’s Yang Ming Marine is set to ink an order for 6 x 13,000 teu vessels at an unnamed yard for about $210 mln per vessel. South Korea’s HMM ordered 10 x 2,800 teu containerships at Hyundai for $557 mln total. Deliveries are expected to start in Q1 2028 and to be finished in Q4 2031. Chinese yard Huanghai secured an order from Euroseas for 2 x 2,800 teu. The price for each vessel is reported to be $46.35 mln”, the shipbroker concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide