WWith the Posidonia project fully underway, the next few days are expected to be “packed” with reports of new construction deals from Greek owners. Meanwhile, in its latest weekly report, shipbroker Banchero Costa said that “new construction transactions continue to flow in, both on bulk carriers and oil tankers.” Hengli Heavy Industries remains in the spotlight, as it was rumored this week to have acquired and ordered from Korean owner HMM for four 306,000 DWT VLCCs at $125 each, to be delivered from March to December 2029. Chinese owner Teying Marine Holdings has reportedly committed a 2x plus option for 2x more than 114,000 dwt LR2s at Chinese Lianyungang Wuzhou shipyard at a price of $68 million, with first deliveries expected in 2028, while deliveries for options will commence from 2028 to 2029. In the bulk sector, Chinese owner Shanghai Time Shipping has reportedly booked 3x 82,000 Kamsarmax bulk carriers in Nantong Xiangyu: announced price is $35 million for delivery in 2029.
Source: Banchero Costa
Meanwhile, in a separate report, the shipbroker Scrubber with “Maran Argonaut” – 177K/2009 SWS and “Maran Happiness” – 177K/2007 SWS sold en masse for US$60 million, moving to Kamsarmax sector “Themis” – 82K/2012 Cosco Dalian sold for over US$18 million on SS/DD basis due July 2027, while Greek buyers acquired “Key Hunter” – 82K/2011 Tsuneishi for 20 very high USD mills Additionally, “Star Moira” – 82K/2006 Tsuneishi traded for $14.25.
The Panamax “Exlixsea” – 76K/2011 Oshima sold for US$17.2 mill, while the “Kamares” – 74K/2004 Hudong-Zhonghua fetched US$8.6 mill from Chinese buyers. In the same sector, a notable group deal included sister ships ‘Tian Mu Shan’ – 63K/2017 Sainty and ‘Yan Dang Shan’ – 63K/2014 Sainty, which were sold in one batch for US$52.3 million. ‘Africa’s Hope’ – 53K/2009 Yangzhou Dayang also sold for 10 raised mills. Finally, in smaller sizes, ‘Seacon Colombo – 40K/2026 Jiangsu Dajin sold for US$35.6 million on a June-July 2026 delivery basis.’
Source: Exclusive
In the tanker sector, Exclusive added, “This week has seen notable activity concentrated in the Suezmax sector, with a series of bulk transactions dominating the scene. More specifically, in the Aframax/LR2 sector, four sister ships equipped with the Scrubber have been fitted out, ‘STI Lauren’ – 110K/2015 Daehan, ‘STI Winnie’ – 110K/2015 Daehan, and ‘STI Winnie’ – 110K/2015 Daehan. “Broadway” – 110K/2014 Daehan and “STI Condotti” – 110K/2014 Hyundai Samho, were sold at once for 258.8 million USD in the MR1 segment, “Hans Maersk” – 38K/2009 STX was sold for 21 million USD on spot delivery basis. In addition, the “Merengue” – 38K/2007 GSI achieved a price in the region with The mid/high price is 15 mills, while “Grace” – 18K/2009 Samho sold for US$11.5 mills to Indonesian buyers, and finally, StSt “Nobler” – 19K/2002 Usuki sold for US$10 mills,” the shipbroker concluded.
Nikos Rousanoglou, Global Hellenic Shipping News
