Ship Sale & Purchase Market – Recent Summing-up

News Release
Wednesday, May 02, 2012

Interesting week for dry S+P market according to shipbrokers, research analysts, Clarksons

The report is as follows:

Chinese buyers (Winning Group) have acquired two Capes; the modern M/V REGENA N (180,277 dwt 2006 blt Imabari) at region US$ 33.9m and the vintage M/V CAPE AMERICA (149,515 dwt 1991 blt CSBC) at US$ 8.5m.

On another sale, undisclosed Greek buyers acquired the M/V IRON YANDI (169,963 dwt 1996 blt Daewoo) at US$ 13.5m.

The vintage / crane-fitted Panamax M/V CHIOS JOY (68,762 dwt 1989 blt Hyundai) reported sold to Chinese buyers at US$ 6.5m with drydocking due in July.

The modern Supramax M/V DALIAN STAR (56,010 dwt 2007 blt Mitsui) reported sold to Greek buyers at region of US$ 23.5m. The vessel was inspected by a number of Buyers earlier this month in China whilst she was passing her drydocking survey.

In addition, further to negotiations last week, the grab fitted M/V FURNESS AUSTRALIA (52,489 dwt 2001 blt Tsuneishi Zosen) has been sold for a price in the region of US$15.4m to Indonesian buyers.

Not much to report in the tanker S+P market; the Aframax M/T TAIYOH III (95,666 dwt 1997 blt Imabari) has been sold for US$ 9m to Nathalin with due ss/dd in June. Price reflects a small percentage over her scrap value.

On smaller sizes, the coated M/T GLOBAL THEMIS (11,394 dwt 1999 blt Higaki) reported sold to undisclosed buyers for US$ 6.75m.

Moreover, three stainless steel chemical tankers were sold last week; M/T PIONEER SPIRIT (8,735 dwt 1997 blt Usuki) at US$ 6m, M/T SPRING MISTRAL (3,818 dwt 2009 blt Onishigumi) at US$ 9.5m to Korean buyers and M/T GEMINI L. (7.506 dwt 1996 blt Shin Kurushima) at US$ 4.5m.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Sales

China Shipbuilding Plans Major Restructuring

State-owned China Shipbuilding Industry Corp (CSIC) is undertaking a major restructuring as it grapples with an industry downturn, and it will be the largest restructuring

DSME, Sovcomflot Delay Delivery of First Arctic LNG carrier

South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia.

DSME Reveals Additional Self-Restructuring Plan

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has  revealed an additional self-restructuring plan amid the falling shipbuilding orders.

Finance

DP World Launches $1.2 bln Sukuk Issue to Cover Tender

Dubai-based ports operator DP World launched a seven-year $1.2 billion sukuk issue on Tuesday, a document from lead managers showed.   The issue, structured to

Baltic Index Falls on Weaker Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday as demand for larger vessel segments declined.

China Shipbuilding Plans Major Restructuring

State-owned China Shipbuilding Industry Corp (CSIC) is undertaking a major restructuring as it grapples with an industry downturn, and it will be the largest restructuring

Vessels

FIO’s New Research Vessel Enters Build Phase

The 78’ research vessel designed and engineered by Boksa Marine Design (BMD) in 2015 is headed to the building phase beginning in June.   BMD contracted with

HII Secures Aircraft Carrier Planning Contract

Huntington Ingalls Industries (HII) was awarded a $152 million contract for advance planning for the construction of the third aircraft carrier in the Gerald R.

'K' Line Takes Delivery of Corona Series Coal Carrier

Kawasaki Kisen Kaisha, Ltd., Tokyo, (“K” Line) has announced the delivery of Corona Victory, an 88,000 DWT-type special coal carrier at Marugame Shipyard of Imabari Shipbuilding Co.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2097 sec (5 req/sec)