Ships Reported Sold

Tuesday, October 05, 1999
Bulker, Reliance Ocean - (built 1980) 194,399 dwt sold for $8 million. Bulker, Lucky Bulker - (built 1977) 70,600 dwt sold for $2.1 million. Bulker, Coral Halo - (built 1995) 45,320 dwt and sistership Flaxen Halo (built 1997) 47,240 dwt sold for $34 million en-bloc. Bulker, Pacific Splendour - (built 1984) 41,373 dwt sold to Apex for $7.8 million. Tanker, Presidente Rivera - (built 1981) 87,325 dwt sold for $6.1 million. Tanker, Oriental Canary - (built 1987) 12,742 dwt sold for $6.25-6.5 million. Matsuyama Maru No.25 - (built 1988) 5,588 dwt sold for $2.2 million. Container Vessel, Zagreb Express - (built 1989) 25,904 sold at auction for $2 million. Container Vessel, Nantai Venus - (built 1994) 23,638 dwt sold in Hong Kong for $16.61 million.

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Ship Sales

South Korean Yards Face Shrinking Orderbook

The global orderbook has continued to decline in the year to date, indicating that there are diminishing levels of activity at many of the world’s shipyards, says Clarksons Research.

Slippery Orders in Ship Building

The situation of the shipyards in the world and in particular the struggles of the Korean shipbuilding industry has received a fair amount of attention in the shipping press,

Shipbuilding’s ‘Fatal Attraction’ – A Dramatic Affair?

Down the years, shipbuilders have always entered and exited the business as cycles have progressed, but over the past decade developments have been dramatic, says Clarksons Research.

 
 
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