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Ship Owner Keep Making Moves in the Newbuilding and S&P Markets in Hellenic Shipping News 01/04/2026 Investment activity has persisted in the shipping markets, despite the ongoing uncertainty. It its latest weekly report, shipbroker Banchero Costa said that in the newbuilding market, “in the bulk sector, Chinese yard New Dayang Shipbuilding secured an order for 6 x 63,050 dwt bulk carrier (Crown 63 Plus design) from Turkish owner Ciner Shipping. The price for each vessel is $ 34 mln. and delivery for all of them is September 2027. In the tanker sector, UAE-based Gulf Energy Marine booked 6 x 50,000 dwt MR2 product carriers for $ 50 mln. each. Delivery is in January 2029 for all the vessels. China’s Yantai CIMC Raffles secured an order for 4 x 319,000 dwt crude oil carrier from Norway’s Bruton. Price is $124.75 mln. and delivery is estimated in January 2028. In the container sector, China’s Fujian Mawei Shipbuilding firmed an order for 4 x 2,900 teu feeder ships from Taiwan’s TS Line. Cost is $42.15 mln per vessel for Asia Pacific trades, all with deliveries December 2019”. Source: Banchero Costa Meanwhile, in the S&P market, shipbroker Xclusiv said that “on the Capesize sector, Greek buyers acquired the “FRONTIER GARLAND” – 181K/2011 Imabari for low/mid USD 36 mills. Moving down the sizes, on the Kamsarmax sector, the “TALIMEN” – 81K/2016 Jiangsu Jinling was sold for high USD 25 mills. On the Handysize sector, the logs fitted “AFRICAN WEAVER” – 34K/2016 Namura was sold for region/excess USD 20 mills, while the “ATLANTIC SPIRIT” – 35K/2013 Nanjing Dongze changed hands for mid/high USD 12 mills. Finally, the “DL OLIVE” – 35K/2013 SPP was sold for USD 15.3 mills. In the tanker market, this week saw limited activity with a few transactions reported. On the Aframax/LR2 sector, the “PENELOP” – 115K/2006 Daewoo was sold for USD 25 mills (old deal). On the MR2 sector, the “HIGH SEAS” – 50K/2012 HMD changed hands for USD 27.6 mills. Finally, on the MR1 sector, the “ACADIAN” – 37K/2005 HMD was sold for USD 10 mills”, Xclusiv concluded. Source: Xclusiv In a similar note this week, Banchero Costa added that “in the capesize segment, Frontier Garland 181,480 2011 Imabari built was reported sold to Greek interests at $ 36.4 mln. In the kamsarmax segment, Gia Inspiration 85, 035 dwt 2022 CSSC (Tianjin) built was sold at $ 33.3 mln. Talimen 81,056 dwt 2016 Jiangsu Jinling was reported sold at $ 25.6 mln. Chinese interests were behind the purchase of the vessel St. Dimitrios 82,688 dwt 2007 Tsuineishi Zhoushan built. The vessel was reported sold at $ 13.1 mln. In the Ultramax segment, Chines interests were behind the purchase of Jin Rui 63,800 dwt 2014 Jiangsu Hantong built, reported sold at $ 24 mln. In the supramax segment, Titanas 57,360 dwt 2012 Jiangsu Hantong built was reported sold at $ 14 mln. basis DD passed. To Chinese interests. Petrus 57,000 dwt 2011 STX Offshore was reported sold at high $ 13 mln. to undisclosed interests In the handysize segment, Dl Olive 35,194 dwt 2013 SPP built was reported sold at $ 15 mln. In the tanker sector, the VLCC vessel Kondor 296,714 dwt 2012 Shanghai Jiangnan Changxing built was reported sold at $ 78.4 mln. to Sinokor. In the suezmax segment, Sinokor was behind the purchase of Silverway 157,781 dwt 2017 Sungdong built and sistership Poliegos 157,540 dwt 2017 built. The price reported for each vessel is $ 82 mln. In the handy tanker segment, Indians interest were behind the purchase of Chrysopigi 38,554 dwt 20
Ship Owner Keep Making Moves in the Newbuilding and S&P Markets
Hellenic Shipping News
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