nNew construction activity remained strong throughout last week. In its latest weekly report, shipbroker Banchero Costa said: “Newbuilding activity remained steady this week, with interest in orders led by the dry bulk segment, while notable contracts were also placed across the container, motor carrier, tanker and gas tanker sectors. In dry bulk, South Korean owner Polaris Shipping has reportedly returned to Hengli Heavy Industry for 2 x 210,000 tonne newcastlemaxes, priced at $80 million. For delivery in the second half of the year in 2028, while holding options for two additional vessels elsewhere, Shandong Shipping has placed an order for a 266,000-tonne crude carrier in Qingdao Beihai for delivery in mid-2028.
Source: Banchero Costa
Activity was also reported at Jiangmen Nanyang, where an undisclosed owner is understood to have booked 5x 40,500 dwt Handysize bulk carriers at $30 million each for delivery between 2027 and 2029. Container demand has remained relatively limited, with GBN Bulk Carrier Co. Ltd, based in Hong Kong, has ordered 2x 1,900 TEU car carriers at Huangpu Wenchong for delivery during 2028. In the PCTC segment, MSC has reportedly placed a large order for 10 x 9,000 CEU car carriers at China Merchants Jinling, at an announced price of $100 million per vessel, with delivery scheduled between 2028 and 2030.
“Contracting for tankers is also accelerating,” the shipbroker added. Greek owner Alberta Ship Management has reportedly booked two 115,000 DWT Aframax tankers at Imabari for delivery in 2028. Elsewhere, JP Morgan has reportedly ordered two 158,000 DWT Suezmax tankers from Samsung Heavy Industries for $93 million each, while Omani owner Asyad has offered To ship 6x order. 41,000 MR tankers at HD Hyundai, priced at $51.3 million per vessel for delivery between 2029 and 2030. In the gas sector, UK-based Union Maritime has reportedly ordered 2 x 90,000 cubic meter HD Hyundai LPG carriers for $118 million each, with deliveries scheduled during 2029.
Source: Exclusive
Meanwhile, on the S&P market this week, shipbroker Exclusive noted that “S&P dry bulk activity continued across guided sectors this week. In the Ultramax sector, ‘OCEAN RHEA’ – 93K / 2011 JIANGSU JINLING was sold to Chinese buyers for US$15.25 million. ‘WOOYANG BELOS’ – 63K / 2016 Shin was traded Kasado for $30, while “WOOYANG BELOS” – 63K/2016 Shin Kasado traded for $30″ “OCEAN AMBITIOUS” – 63K/2016 China Shipping Industry sold for 26 Medium/High Mills, with volumes falling, Tier II Supramax “EVEREST” – 57K/2012 STX found new owners for 16.5 US$1 million Finally, older Supramax ‘OCEAN HIRYU’ – 53K/2003 Oshima sold to Chinese buyers for US$7.9 million S&P tanker activity focused on the Suezmax and MR sectors this week, with two sales announced in the Suezmax sector Scrubber ‘GH HOLIDAY’ – 158K/2016 New Times sold for 80 low/medium mills in the sector MR, ‘MFM MEMPHIS’ – 48K/2011 Iwagi Zosen sold for 26 raised mill.
Nikos Rousanoglou, Global Hellenic Shipping News
