Source: Banchero Costa “Regarding bulk carriers, Cosco Shipping Bulk ordered 8 x 210,000 dwt Newcastlemax vessels. The vessels, priced $80 mln each, will be built at Jiangsu Hantong with deliveries scheduled between 2027 and 2028. Cosco Shipping is not the only owner to move on Newcastlemax vessels: China Merchants reportedly placed an order for 2 x 210,000 dwt BCs (scrubber-fitted) at Qingdao Beihai Shipbuilding HI.
This move expands China Merchants’ order to a total of 12 vessels, worth around $912 mln, currently being built at three different domestic shipyards”, Banchero Costa said. A similar picture was evident in the second hand market. The shipbroker said that “slow activity was reported at the end of the summer period in second hand market: The Japanese built ROSCO POPLAR 82,000 dwt 2008 Oshima was reported sold at $17.
6 mln. The price is in line with the sistership ASL URANUS 2008 built sold in May at $17 mln. Chinese Owner Everest Shipping was reported selling 4 x 2015 built Ultramax at $97 mln enbloc.
The vessels are the BEAUTY LOTUS, BEAUTY LILY, BEAUTY JASMINE and BEAUTY PEONY (63,000 dwt 2015 CS Jiangsu). The price reported is in line with the sale in June of the SWANSEA Crown63 2015 built, reported at $25 mln. In the Handy segment, the EFFICIENCYOL 37,000 2010 Saiki was rumoured sold at $15.
2 mln. In the tanker market the chemical tanker GALL 28,000 dwt 2018 Wuhu was reported sold to Turkish buyers at $26 mln”, Banchero Costa concluded. Source: Xclusi.