CLARKSONS PLATOU HELLAS – SnP WEEKLY BULLETIN in Weekly Shipbuilding Reports 03/07/2026 S&P activity remained steady despite the relatively more cautious approach emerging amid the ongoing geopolitical developments in the Middle East. Market participants continue to monitor the evolving situation around the Strait of Hormuz and the US-Iran peace talks. Although vessel transits through the strait have gradually increased, uncertainty over the security of safe passage continues to weigh on investment decisions, prompting many buyers to remain on the sidelines until greater clarity emerges Dry freight rates continue to remain healthy with this week’s BDI closing at significantly higher levels than last week’s, which is also justified by high volumes of enquiries that we continue to receive especially on the Handysize and Supramax space. Tanker rates have eased from the recent highs driven by regional tensions but continue to hold at levels that owners consider satisfactory, supporting asset values. Dry Cargo On the Kamsarmax space, the modern SCION MATHILDA (82,144 DWT, 2024, JIANGSU NEW HANTONG) has been concluded to C/O Castor at levels of USD 41.9m. Also, the scrubber fitted AC YOUTH (82,623 DWT, 2007, TSUNEISHI ZOSEN, SCRUBBER) was sold at USD 15m. On the Panamax sector, the vintage unit MARINICKI C (76,629 DWT, 2005, IMABARI SB MARUGAME) was sold to undisclosed interests, achieving a price of USD 11.7m. On geared tonnage, the Supramax LAGONDA (55,773 DWT, 2011, I.H.I YOHOHAMA, C:4X35T) was sold at USD 18.25m basis SS DD due. Moreover, two Japanese built Handysizes invited bids this week, with the eco unit ATLANTIC STAR (37,065 DWT, 2018, OSHIMA SHIPBUILDING, C:4X30T) now sold in the region of USD 26m, while the ASAHI OCEAN (32,085 DWT, 2013, HAKODATE DOCK, C:4X30.5T) achieved levels in the region of USD 15.2m. According to unconfirmed reports, a 2020 Japanese-built Ultramax has also changed hands at a price in the region of USD 36.5m. Tanker While several nego