Demand has been quite high in the dry bulk sector, with more owners looking to acquire modern tonnage. In its latest weekly report, shipbroker Xclusiv commented that “dry S&P activity remained firm this week, with a notable volume of transactions across the, Ultramax/Supramax and Handysize sectors. On the Capesize sector, the “Pigassos” – 176K/2011 SWS was sold to Chinese buyers for USD 31.7 mills, while the “Chin Shan” – 176K/2004 CSBC changed hands for USD 20.3 mills. Moving to the Kamsarmax sector, the resale “Moana” – 82K/2026 Yangzi was sold for USD 36.5 mills, while the “Joy” – 81K/2019 Chengxi achieved USD 31 mills. The “HC Pioneer” – 83K/2010 Sanoyas was also sold for USD 17.7 mills”.

Source: Xclusiv

The shipbroker added that “in the Ultramax segment, the sister vessels “Huayang Rose” and “Huayang Lily” – 64K/2016 China Shipping were sold en bloc for USD 50.4 mills to Chinese buyers. On the Supramax sector, Greek buyers acquired the “Sumaq Queen” – 51K/2017 Imabari for USD 25 mills. On the same sector, the “Xing Ning He” – 53K/2009 Zhejiang was sold for USD 11 mills, while the Scrubber fitted “West Bay” – 52K/2004 Tsuneishi Cebu fetched high USD 9 mills. The “Elpida GR” – 52K/2003 Toyohashi was also sold for low USD 8 mills. In the Handysize sector, significant interest was noted for modern tonnage, with four 40K dwt newbuild resales, the “Clacton”, “Eastbourne”, “Margate” and “Portsmouth” – 40K/2024 JNS, sold en bloc to Norden for USD 120 mills. Finally, the smaller logger “Ken Orchid” – 28K/2011 Imabari was sold for USD 10 mills, while the logger “Gant Flair” – 28K/2010 Imabari achieved USD 9.8 mills”.

Meanwhile, Xclusiv added that the “tanker S&P activity was robust this week, with a healthy number of transactions. On the Suezmax sector, two resale newbuildings, the Scrubber fitted “Daehan 5111” and “Daehan 5118” – 158K/2027 Daehan, were sold en bloc for USD 190 mills. In the LR2 sector, the Scrubber fitted “STI Condotti” – 110K/2014 Hyundai Samho achieved excess USD 70 mills. Moving down to the MR2 sector, the “High Tide” – 52K/2012 Hyundai Mipo was sold for USD 28.45 mills to Nusantara Maritime basis TC free delivery between August and November. The “Autan” – 51K/2009 SPP was also sold for USD 23.5. Additionally, Turkish buyers acquired the “Royal Jasmine” – 53K/2008 GSI for USD 20.7 mills, while the 3-year-older “Sunny Victory” – 47K/2005 Hyundai Mipo was sold for USD 16 mills basis delivery in the USG/Caribs area in mid-July. Finally, on the small tanker segment, the stainless steel “Easterly Beech Galaxy” – 20K/2007 Usuki was sold for USD 16.35 mills”.

Source: Banchero Costa

In the newbuilding market, shipbroker Banchero Costa commented that “in the tanker sector, China’s Taizhou Kouan Shipbuilding secured an order for 2 x 114,000 dwt crude oil carriers from China’s Shishi Dingsheng Shipping. Each unit is priced at $70 mln, with deliveries scheduled for June 2029. In the gas carrier sector, TMS Cardiff Gas of Greece has ordered 2×93,000 cu.m LPG carriers from Hyundai Heavy Industries at its Ulsan (Dong-gu) yard in South Korea, with the first vessel scheduled for delivery in September 2028 and the second in June 2029, each priced at $120.8 mln. Knutsen OAS Shipping of Norway has ordered a 174,000 cu.m. liquid natural gas (LNG) carrier from Hanwha Ocean at its yard in South Korea, with delivery scheduled for June 2029 and a price of $250 mln. The vessel, which will operate under the Norwegian flag, is reported to be the 16th LNG carrier for the owner”, the shipbroker concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide