SHip owners are increasing their activity in the market of new buildings and used vessels. In its latest weekly report, shipbroker Panchero Costa said that in the newbuild market, “in the bulk sector, Chinese company Jiangmen Nanyang Shipbuilding has secured an order for 8 x 40,500 dwt bulk carriers from undisclosed interests. The price is $30 million each, with delivery scheduled for January 2029 through December 2031. Chinese firm Dajin Heavy Industry has secured order 3 x 64,500 dwt bulk carriers from Anhui Guomao Haichang Trading Bestway Marine & Energy Technology offers guarantees totaling $50.25 million, with delivery scheduled for May, August and November 2028. In the tanker segment, China’s Hengli Heavy Industries has secured an order for two 158,000 dwt Suezmax tankers from Greece’s Beacon Tankers Management, a new subsidiary of the Prokopiou family. Two more vessels, giving a potential total of four vessels in the series at $81.5 million each and scheduled for delivery in November 2028. In the gas tanker segment, South Korea’s Hyundai has secured an order for two 174,000 cubic meter LNG tankers from KSS Line Ltd. at $111.5 million each, with both vessels scheduled for delivery in August 2027.
Source: Banchero Costa
Meanwhile, on the Standard & Poor’s market, shipbroker Exclusive said, “In the dry bulk market, this week saw a fair level of activity across the bulk carrier segments. In the Capesize segment, ‘BULK JOY-ANCE’ – 175K/2012 Jinhai Heavy was sold for US$33 million. Moving to the Kamsarmax segment, ‘AVALON’ – 82K/2011 was traded.” Sungdong for 17 mills in USD In the same size range, “MANDY MORN” – 83K/2008 Tsuneishi Zhoushan was purchased by Chinese buyers for 14 mills in the region and in the Ultra-max segment, the recent “DOMINATOR” – 64K/2021 Shin Kasado achieved a price of 38 million USD.
Additionally, “PLANET TEAM” – 53K/2009 Zhejiang was sold for a low/mid US$10 million. Furthermore, a manual size “MESSINIAN SPIRE” – 56K/2008 Mitsui was sold to Middle Eastern buyers for US$14 million on a daily basis due. Ice Class 1C “INTERLINK FORTUITY” – 40K/2017 Taizhou Kouan traded for US$21.7 million. In the tanker market, “In the Suezmax segment, the scrubber-equipped vessel ‘GLADIATOR’ – 150K/2008 Universal was sold to undisclosed buyers for US$65. In the MR2 segment, a notable package deal was concluded for sister ships ‘HORIZON ANDROS’ – 50K/2027 Zhoushan Changkong and ‘HORIZON SYROS’ – 50K/2026 Zhoushan Chang-kong, each priced at 50 mills, and in the small tanker space, StSt “MTM HAMBURG” – 21K/2008 Kitanihon traded for 17 mills,” Xclusiv noted.
Source: Exclusive
Panchero Costa added, “In the post-Panamax sector, Lestari Manjong 93,000 dwt 2011 Jiangsu Niuangzi SS/DD was reported sold in October 2025 for $14 million. In the Kamsarmax sector, SEACON NOLA and SEACON HAMBURG 85,611 dwt 2023 built Huangpu Wenchong, SS Jan sold 2028.” and SS April 2028 respectively to Asyad for US$72 million, Sainty Shipbuilding Yangzhou SS January 2029 DD reported sold March 2027, non-environmental, with inspection waived for US$20 million Sungdong Shipbuilding & Engineering SS/DD reported sold July 2026 for a high price of US$17 million in Supramax sector DOMINATOR 63,652 dwt 2021 built SS/DD sold for $38 million 2026 reported sold for $14.5 million to Middle Eastern buyers in the Handy Max sector INTERLINK FORTUITY 40,083 dwt 2017 Taizhou Kuan SS/DD sold in May 2027 for $21.7 million to German buyer Conte in the tanker sector MR1 EASTERLY JUPITER 36,677 dwt 2009 Hyundai Mipo Dockyard Built February 2029 Sold in May 2027 for US$20 million 37,620 dwt Hyundai Mipo Dockyard sold to Greek buyers for US$12 million Progress 313,990 dwt 2012 Done Hyundai Heavy Industries Ulsan SS November 2027 DD November 2027 1 block sold for $60.3 million in chemical sector CHEMSTAR RIVER 22,407 dwt 2017 Shin Kurushima Akitsu SS July 2027 DD July 2027 sold for $33 million concluded.
Nikos Rousanoglou, Global Hellenic Shipping News
