Shipping investment activity was much more evident in the S&P market over the past week, rather than the newbuilding segment. In its latest weekly report, shipbroker Banchero Costa said that “in the Panamax segment, Vietnamese interests were behind the purchase of IVESTOS II 76,284 dwt 2004 Tsuneishi built at $8.40 mln. In the Supramax segment, JUNIPER 57,185 dwt 2011 STX Dalian built was reported sold to undisclosed interests at $12.50 mln. MEDI MANILA 57,000 dwt 2014 Tsuneishi built was reported sold at $17,7 mln. PAN RAPIDO 56,915 dwt 2011 COSCO Zhoushan built was reported sold to undisclosed interests at $11.40 mln. A sister vessel MESK 56,988 2010 built wassold in February at $10.65 mln. In the Handy segment, Chinese interests were behind the purchase of DENEB HARMONY 36,888 dwt 2020 Oshima built at $24.50 mln. In the Container sector, RUN QING PING AN 2,504 teu 2024 Taizhou built was reported sold to undisclosed interests at $51.50 mln. NODERNEY 1,930 teu 2023 CSSC built was reported sold to Greek interests at $35.00 mln. In the Tanker sector, the LR1 vessel KOI 64,635 dwt 2010 STX built was reported sold to Greek interests at $23.30 mln. In the Chemical segment, GWEN 19,702 dwt 2008 Fukuoka built was reported sold to UAE interests at $16.60 mln. Sister vessel SAEHAN INTRASIA 2005 built was sold in March at $15,1 mln”, the shipbroker said.
Source: Banchero Costa
Similarly, shipbroker Xclusiv added that “activity remained firm this week across the dry bulk sectors, with a mix of modern and vintage units changing hands. On the Kamsarmax sector, the buying appetite was firm with 4 vessels changing hands. The Kamsarmax “Shandong Fu Yuan” – 82K/2018 Jiangsu Jinling was sold for high USD 23 mills, while the 2-year older “Ultra Puma” – 82K/2016 Tsuneishi was sold for low/mid USD 25 mills to Far Eastern buyers. Moreover, the “Sea Pegasus” – 82K/2014 Qingdao Wuchuan and the “Sea Gemini” – 82K/2014 Qingdao Wuchuan were sold enbloc for USD 17.5 mills each. Moving down the sizes, Greek buyers acquired the “IVS Prestwick” – 62K/2019 Shin Kurushima and the “IVS Okudogo” – 61K/2019 Shin Kurushima for USD 53 mills enbloc. On the Supramax sector, the “Mindanao” – 56K/2010 Mitsui was sold for excess USD 15 mills to Chinese buyers, whilst the “Jin Gang” – 57K/2009 Chengxi was also sold to Chinese buyers for USD 10.8 mills. Finally, on the Handysize sector, Vietnamese buyers acquired the “Sea Dolphin C”- 34K/2011 21St Century for USD 11.7 mills, while the “African Swan” – 33K/2005 Kanda was sold for USD 6.5 mills to Chinese buyers”.
In the wet “this week saw a handful of transactions across the crude and product tanker segments. In the VLCC space, the “Atlantic Loyalty” – 307K/2007 Dalian was reported sold for excess USD 44 mills to undisclosed interests, reflecting firm values for older large crude carriers. In the Aframax/LR2 segment, Greek buyers acquired the “Hesperia Tide” – 115K/2025 Zhoushan Changhong for a price in the region of USD 70 mills. On the product side, the “Harris” – 41K/2009 SLS was sold to Nigerian buyers for USD 17.2 mills. Meanwhile, the StSt tanker “Gwen” – 19.7K/2008 Fukuoka was reported sold to UAE-based interests for USD 16.2 mills”, Xclusiv concluded.
Source: Xclusiv
Meanwhile, in the newbuilding market this week, Banchero Costa added that “in the container sector, Sinokor placed an order of 4 x 13,000 teu vessels at Hyundai. The vessels will be employed on a long TC to South Korean HMM. The price reported for each vessel is $153 mln and deliveries are set for Q1 2027. Hyundai Samho secured an order from Zodiac Maritime for 2 x 13,000 teu carriers. No price was disclosed, deliveries are set for Q1 and Q3 2028”.
