Flurry of Second Hand Ships’ Deals Reported by Shipbrokers
It’s been a busy few days in the S&P market, as more ship owners made moves in the market. Things have been perking up on the newbuilding ordering front as well, but to a lesser degree. In its latest weekly report, shipbroker Banchero Costa said that “in the tanker sector, 4 MRs around 50,000 dwt each were ordered at Yangzijiang from delivery late 2020. On the Dry Bulk side, COSCO Shipping Specialized Carriers ordered further 4 pulp carriers around 62,000 dwt each at Cosco Dalian with expected delivery 2021, while also 6 units of 8,000 dwt were ordered from JSD Group at Wuhu, China with delivery from April 2021, at $ 8 mln each. In the container market, Chinese owners Hunan Ocean Container Lines ordered 2 vessels 653 TEU LNG-Fuelled containerships at Hunan Jinhang SB for delivery 2021, while in the RoRo segment 2 units of 3,800 vehicle pure car carriers have been ordered by The China Merchants Group at CMHI Jiangsu with delivery March and June 2021”, said the shipbroker.
In a separate newbuilding note this week, Clarkson Platou Hellas noted that there was “a number of orders to report this week – starting in Dry, NYK have announced they have contracted one firm 59,900dwt Woodchip carriers at Oshima for delivery in 2021 against employment with Mitsubishi Paper Mills. COSCO Shipping meanwhile have extended their series of pulp carriers at COSCO Dalian adding a further 4 x 62,000dwt carriers also due to deliver in 2021. In Tankers, YZJ have contracted 4 x MR tankers with their sister shipping company Yangzijiang Shipping, these are 50,000dwt IMO III product tankers and the vessels will begin to deliver in 1H 2021. In containers meanwhile, Chinese domestic owner Hunan Ocean Container Lines have ordered a pair of LNGs fueled 653 TEU Container ships at Hunan Jinhang Shipbuilding again scheduled for delivery in 2021”, the shipbroker concluded.
Meanwhile, in the second hand ships’ market, Banchero Costa said that “activity increased in the dry bulk market last week, especially for modern tonnage. On the Ultramax front, the resale “Ocean Neeraj” around 64,000 dw built Cosco Zhoushan was reported sold to clients of Mingsheng at a reported price of $22 mln, the “Adventure I” around 62,500 dwt 2017 built Oshima was reported sold for a price of region $25 mln, while other two Ultramaxes controlled by Tufton “Melbourne” around 61,500 dwt 2011 built Oshima and sister “Malmo” 2010 built were reported sold to clients of Pacific Basin for an en bloc price of region $34-34.5 mln. Busy week for Supramaxes, with Japanese Owners Doun Kisen disposing the Kawasaki (197m LOA) “Korean Lily” around 58,000 dwt 2010 built for a price of $14.5 mln; another 2010 Supramax Tess58 2010 built Cebu, the “Stove Caledonia”, was reported sold to Greeks for a price of $14.3 mln, whilst the “Oxygen” around 56,000 dwt 2009 built Mitsui was reported sold to Greek Buyers Baru Delta for a price of $13.5 mln (reported in very good conditions). As evidence of the discount paid by the market, 2 x 2013 sister ships “Solar King” And “Solar Jade” around 57,000 dwt 2013 built Sanfu both BWTS fitted, were reported sold to Singapore based Buyers for price of $11.8 mln each. On the tanker side, besides the rumor of the VLCC “Tamagawa” around 315,000 dwt 2007 built Kawasaki, which was wrongly reported sold for region $38.5 mln, the two LR1s 2009 built STX “FPMC P Eagle” and “FPMC P Fortune” around 75,000 dwt, sold to clients of Centrofin for a price of region $16 mln each and the two product tankers “Cape Beale” around 40,000 dwt 2005 built HMD and “Cape Brasilia” around 40,000 dwt 2006 built HMD to Korean Buyers for a price of $9 mln each”, the shipbroker concluded.