Newbuilding Orders Shifting From China to S. Korea

Source: Banchero Costa Meanwhile, in the S&P market this week, shipbroker Xclusiv said that “on the Mini-Capesize sector, the Scrubber fitted “Jubilant Devotion” – 118K/2016 Sanoyas was sold for USD 26.5 mills to clients of Alberta. Greek buyers acquired the Post Panamax “Clemens Oldendorff” – 93K/2012 Cosco Zhoushan for USD 13.

3 mills. On the Kamsarmax sector, the conventional M/E “Sea Marathon” – 82K/2015 Qingdao Wuchuan was sold for USD 18 mills to Greek buyers, while the Ice Class 1C Panamax “Santa Maria” – 79K/2008 Jiangsu Rongsheng was sold for USD 10.5 mills and the “Miyama” – 76K/2005 Sanoyas found new owners for USD 9.



45 mills. On the Ultramax sector, the “Nantong Xiangyu Xy134” – 64K/2025 Nantong Xiangyu was sold for high USD 35 mills to Greek buyers. Chinese buyers acquired the Supramax “Arietta”- 56K/2009 build IHI was sold for USD 13 mills to Chinese buyers, while Chinese buyers also acquired the “Emmanuel C” – 58K/2008 Tsuneishi Zhoushan for USD 11.

8 mills. On the Handysize sector, Greek buyers acquired the OHBS “Ansac Green River” – 33K/2018 Shin Kochi for USD 20 mills basis December cancelling. Finally, the OHBS Handysize “African Halcyon” – 32K/2007 Kanda Zosensho changed hands for excess USD 10 mills”, the shipbroker said.

On the wet segment, Xclusiv added that “Chinese buyers were very active this week in the VLCC sector, acquiring 3 VLCCs. The VLCC “Symphony”- 298K/2009 Shanghai Jiangnan was sold for USD 49 mills to Chinese buyers. Moreover Chinese buyers acquired the Scrubber fitted “Hansika” – 298K/2006 Universal for USD 46 mills, and the “Nierus”- 318K/2003 HHI for excess USD 30 mills.

Last but not least, the LR2 “Omera Legacy”- 107K/2005 Daewoo was sold for USD 24.5 mills to Chinese buyers”, the shipbroker concluded. Source: Xclusiv In a similar note, shipbroker Banchero Costa added that “in the dry bulk sector, HL SAIJO 206,290 dwt 2010 Imabari built (SS and DD due Jun 2025) was reported sold at $37.

95 mln to Chinese interests. In the Kamsarmax segment, Chinese interests were behind the purchase of WANGARATTA 82,206 dwt 2011 Tsuneishi built (SS and DD due Jun 2025), sold at $17.20 mln GOLDEN IOANARI 82,000 dwt 2011 Hyundai built (SS and DD due Sep 2026) was sold to Greeks interests at 16.

30 mln. For comparison, last month ENERGY HOPE 82,122 dwt 2012 Tsuneishi built wassold at $17 mln. Chinese interests were behind the purchase of SEA CHARM 76,000 dwt 2003 Tsuneishi built (SS and DD due Apr 2026) sold at $7.

70 mln. SERVETTE 63,668 dwt 2020 Nantong built (SS and DD due Oct 2025) was reported sold at $31.70 mln to Greeks interests.

Chinese interests were behind the purchase of VOLISSOS 57,000 dwt 2010 Qingshan built (SS and Dd due Jul 2025), sold at $10.70 mln. CL SEVEN 50,000 dwt 2011 Oshima built (SS and DD due May 2026) was reported sold to undisclosed interest at $14 mln.

For comparison, during January MY FAIR LADY 50,100 dwt 2011 Oshima built was sold at $15 mln. In the Handy segment, STRADION 36,860 dwt 2011 Hyundai built (SS and DD due Jan 2026) was sold to undisclosed buyers at $13 mln. AFRICAN HALCYON 32,245 dwt 2007 Kanda Kawajiri built (SS due Aug 2027, DD due Sep 2025) was reported sold to Chinese interests at $10 mln.

In the tanker sector, the vlcc SYMPHONY 297,000 dwt 2009 Shanghai Jiangnan built (SS due May 2029, DD due Jul 2027) was reported sold to Chinese interests at $49 mln. OMERA LEGACY 110,000 dwt 2005 Daewoo built (SS and DD due May 2025) was sold at $25 mln to undisclosed interests. For comparison, during February DONEGAL SPIRIT 112,000 dwt 2006 Hyundai built was sold at $26 mln.

In the container segment, MSC was behind the purchase of SSG EDWARD A. CARTER JR 3739 teu 2001 Samsung built (SS and DD due May 2026), sold at $27 mln. POLYNESIA 1740 teu 2008 Guangzhou built (SS due May 2028, DD due Apr 2026) was reported sold to undisclosed interests at $17.

50 mln”. Nikos Roussanoglou, Hellenic Shipping News Worldwide.