Ship Owners Move Towards Second Hand Vessels in Hellenic Shipping News 22/04/2026 Activity over the past week looked to be more dynamic in the S&P front, rather than the newbuilding market. In its latest weekly report, shipbroker Xclusiv said that “on the On the Newcastlemax sector, Chinese buyers acquired the “RTM CARTIER” – 205K/2012 HHIC and the “RTM ZHENG HE” – 205K/2012 HHIC for excess USD 90 mills each. Moving down the sizes, the Post-Panamax “OHSHU MARU” – 92K/2011 Namura was sold for USD 16.2 mills, while the Panamax “ALEXANDROS PETRAKIS” – 76K/2008 Shin Kasado sold for region USD 13.3 mills to Chinese buyers. Source: Xclusiv In the Ultramax sector, two resales the “NEW DAYANG NDY1315” and “NEW DAYANG NDY1316” – 64K/2027 New Dayang changed hands at USD 36.5 mills each. On the Supramax segment, the “SUNNY ROYAL” – 59K/2011 Kawasaki was sold for USD 18.5 mills with SS/DD due 2028/2030, while the “HONOUR” – 57K/2010 Cosco Zhoushan sold for USD 13.3 mills to Chinese buyers. Additionally, the OHBS “PHOENIX K” – 55K/2007 Oshima was sold for USD 14 mills. Finally, in the Handysize sector, Vietnamese buyers acquired the “STRADION” – 37K/2011 HMD and the “DORYSIA” – 37K/2010 HMD enbloc for USD 25.5 mills”. In the tanker market, Xclusiv added that “on the VLCC sector, Chinese buyers acquired the “KASAGISAN” – 302K/2006 Mitsui for USD 58 mills. On the LR1 segment, the “CAPE TAMPA” – 74K/2009 New Times was sold for low/mid USD 20s, and the one-year older “CAPE TAFT” – 74K/2008 New Times was sold for low USD 20s. Additionally, the “PAN CAKE” – 73K/2006 Dalian was sold for USD 19 mills. In the MR2 sector, the “OPTIMAL ACE” – 50K/2006 STX changed hands for USD 16.5 mills, while the “GT FREEDOM” – 46K/2003 Shin Kurushima was sold for USD 8.5 mills. On the MR1 sector, Greek buyers acquired the “EASTERLY CANYON” – 37K/2009 HMD for USD 19 mills. Finally, in the small tanker segment, the sister vessels “BRO NISSUM” and “BRO NUUK” – 17K/2008 Chinese built were sold enbloc for USD 12 mills each. The stainless steel “GINGA SAKER” – 20K/2003 Shin Kurushima was also sold to Chinese buyers for USD 10.8 mills”, the shipbroker concluded. Source: Banchero Costa Meanwhile, in the newbuilding market, shipbroker Banchero Costa added that “in the tanker sector, China’s Yangzhou Ryuwa Shipbuilding secured an order for 1 x 114,000 dwt tanker from China’s Yangpu Zhongxin Shipping. Option retained for two more (potential total of five vessels). Total cost including options if exercised is $293 mln; delivery is January 2029. South Korea’s Hyundai Samho secured an order for 1 x 93,000 cu.m. LPG carrier from Turkey’s Aygaz. Price is $117.3 mln and delivery is September 2028. China’s COSCO Shipping (Qidong) secured an order for 2 x 74,900 dwt crude oil carriers from Cosco Shipping Energy. Price is $70 mln each and delivery is October 2028 for both”, the shipbroker concluded. Nikos Roussanoglou, Hellenic Shipping News Worldwide Tops 2026-04-22 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); }