In dry market, Greek buyer was reported linked to cape purchase on enbloc basis. CDBL Ore (180k dwt/2011), CDBL Ace (175k dwt/2011), CDBL Era (175k dwt/2011) & CDBL Ivy (175k dwt/2011) were sold for USD 120m. Technomar purchased Selandia (79k dwt/2011) & Burgia (79k dwt/2010) for USD 26.7m enbloc. Bulk Monaco (76k dwt/2008) was sold to Greek buyer for USD 13.8m. Densa Shipping bought CS Soraya (57k dwt/2010) for USD 10.5m. In tanker market, K-Line VLCC Isuzugawa (299k dwt/2004) was reportedly sold to S. Korea based Sinokor for USD 25.8m. FD Sea Wish (40k dwt/2002) was sold to Nigerian buyer for USD 7.5m. In containership market, Euroseas purchased EM Athens (2,506 TEU/2000) & EM Oinousses (2,506 TEU/2000) at an undisclosed price.
New Building
In the new building market, 400,000 dwt bulkers were ordered by various owners including Pan Ocean (4 units), Korea Line Corp (2 units), H Line Shipping (2 units), SK Shipping (2 units) and Joint Venture – ICBC/CMB (10 units), on the backing of TC to Vale at Chinese & S. Korean shipyards. Itochu ordered 34k dwt bulker at Hakodate Dock, Japan with delivery expected in 2019. Toda Kisen ordered 2 units of 5k cbm gas carriers at Sasaki, Japan, with delivery expected in 2019. Silverseas Cruises ordered 596 pax. vessel at Fincantieri, Italy for USD 373m, with delivery expected in 2020. Coral Princess Cruises ordered 6,000 GT vessel at Vard Holdings, Norway, with delivery expected in 2019. Grandi Navi Veloci ordered 4+4 units of 5k dwt RoRo vessels at Guangzhou, China at an undisclosed price.
Time Charter
In tanker market, VLCC Gem No. 5 (300k dwt/2017) was fixed to Koch Logistics for 24 months at USD 29,000 pdpr. They also took VLCC Eagle Victoria (299k dwt/2016) for 36 months at USD 29,000 pdpr. Shell chartered-in SKS Satilla (158k dwt/2006), SKS Segura (158k dwt/2007) and SKS Spey (158k dwt/2007) for 6 months at USD 13,500 pdpr per ship. Jag Amisha (74k dwt/2009) was fixed to BPCL for 6 months at USD 14,500 pdpr. Adventurous (48k dwt/2004) was fixed to ST Shipping for 6 months at USD 12,000 pdpr. Phillips 66 took Challenge Procyon (46k dwt/2011) for 12 months at USD 12,500 pdpr. In dry market, Glovis Ambition (172k dwt/2002) was fixed to Korea Line for 12 months at USD 15,000 pdpr. BG Group took John Wulff (92k dwt/2010) for 6 months at USD 11,350 pdpr. Cobelfret took Atrotos Heracles (81k dwt/2014) for 6 months at USD 13,250 pdpr. Ausca Shipping took Lyric Sun (81k dwt/2011) for 6 months at USD 12,250 pdpr. In containership segment, CMA CGM took 4 vessels (10k TEU/2018 each) for 36 months each at USD 29,000 pdpr. Crete I (7k TEU/2009) was fixed to ZIM for 6 months at USD 17,000 pdpr.
Demolition
In demolition market, bulker Stellar Unicorn (33,581 LDT/1993) was sold at USD 414/LDT LT with delivery to Bangladesh. Tanker Nataly (24,512 LDT/1993) was sold to Pakistani Breakers for USD 423/LDT LT. Bulker Fair (20,763 LDT/1997) was sold to Indian Breakers for USD 370/LDT LT. Bulker Silver Ocean (17,987 LDT/1994) was sold to Pakistani Breakers for USD 440/LDT LT. Bulker Thor Horizon (13,025 LDT/2002) was sold to Pakistani Breakers for USD 428/LDT LT.