Tanker Newbuildings in Demand

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Banchero Costa added that “in the tanker sector, COSCO placed another order to Dalian COSCO Shipyard, this time for 6 x 307,000 DWT VLCCs. The price for each tanker is $119 million and all are dual fuel methanol and LNG power. All 6 will be bareboat chartered to COSCO Shipping Energy Transportation over 20 years, and deliveries span from April 2027 to late-2028. Singapore’s Eastern Pacific Shipping placed an order for 2 x 306,000 DWT VLCCs to Dalian Shipbuilding. This is the first ever VLCC newbuilding project for the Singaporean owner and will cost them $123 million per vessel. The duo is set for delivery Q3 2027. Chinese builder Hengli H.I. secured an order for 1 x 306,000 DWT VLCC from Greece’s Alimia Group. This will be the first VLCC project for the Thanassis Laskaridis-managed owner. No price was disclosed, and delivery is scheduled for Q1 2027. Greek owner Thenamaris placed an order for 2 x 158,000 DWT Suezmax vessels to Shanghai Waigaoqiao shipyard. The price for each vessel is $81 million and the duo will be delivered January 2028. Another Singapore-based owner, AET Inc., placed an order for 2 x 157,000 DWT Suezmax vessels to Korea’s Samsung shipyard. The price for each vessel is $100 million and deliveries span from end-2028 to mid-2029. In the container sector, Greece’s Costamare placed an order for 2 x 3,100 TEU carriers to Chinese builder Zhoushan Changhong. No price was disclosed, and deliveries are set for Q1 2027. Chinese yard Huangpu Wenchong secured an order for 2 x 1,900 TEU carriers from Greek owner Latsco Shipping. Each vessel is $31 million and both will be delivered Q3 2028”, the shipbroker said.

Tanker Newbuildings in Demand

Meanwhile, in the S&P market, shipbroker Xclusiv noted this week that “activity picked up in the Dry segment as this week was one of the busiest ones in 2025 Chinese buyers acquired the Post Panamax “Taihakusan” – /2009 Namura for USD 12.5 mills, while Greek interests purchased the Kamsarmax “New Ascent” – /2012 Tsuneishi for USD 19.9 mills. Newbuilding resales also appeared in the market, with the Ultramax “Ju Shi Yuan Yang” – /2027 Yizheng Yangzi reportedly sold for USD 32 mills to undisclosed buyers. In the Supramax segment, the “Anemos” – /2011 SPP fetched USD 15.5 mills and the “Eternity SW” – /2011 Tsuneishi Cebu achieved high USD 15 mills, both to Chinese buyers. The “TM Hai Ha 988” – /2011 Nam Trieu was sold to Vietnamese interests for USD 9 mills, while the “Ince Fortune” – /2010 STX Dalian went to undisclosed buyers for USD 12.75 mills. Among older Supramaxes, the “Mandarin Eagle” – /2008 Jiangsu Hantong changed hands for USD 10.5 mills. In the Handy sector, the Japanese-built “Sider Onda” – /2015 Naikai was sold for USD 21 mills, while the “Yangtze Nova” – /2013 Jiangsu Eastern (Ice Class II) achieved USD 11.85 mills. On the smaller Handy side, the “Spring Breeze” – /2012 Shikoku was reported sold to Greek buyers for low USD 13 mills, the “Yangtze Flourish” – /2012 JNS obtained USD 9.8 mills, and the “Pacific Ocean” – /2011 Samjin fetched USD 10.5 mills.

Finally, the “Isolda D” – /2011 Zhejiang Jingang was sold for USD 10.4 mills to undisclosed buyers, while the “Chamchuri Naree” – /2005 Shin Kochi was acquired by Turkish buyers for USD 8.25 mills”.

Similarly, “the tanker S&P market remained active as this week was one of the busiest of 2025, dominated by MR2 sales and a series of newbuilding resales. The Scrubber fitted LR2 “Platanos” – /2019 Namura was sold for USD 66.5 mills to clients of Tankerska Plovidba. In the LR1 range, Chinese buyers acquired the “Amalia” – /2006 New Century for USD 11.5 mills. In the MR2 segment, Scorpio Tankers expanded its fleet by acquiring four newbuilding resales from Jingjiang Nanyang — the “Jingjiang Nanyang YZJF2024-001”, “Jingjiang Nanyang YZJF2024-002”, “Jingjiang Nanyang YZJF2024-003” all /2026 and the “Jingjiang Nanyang YZJF2024-004” /2027 — for USD 45 mills each. Additionally, the “Amfitrion” – /2017 Samsung Ningbo fetched excess USD 34 mills. Among modern Korean-built tonnage, Euroholdings purchased the “Hellas Avatar” – /2015 HMD for high USD 31 mills, while Torm acquired four sister vessels — the “STI Battery”, “STI Milwaukee”, “STI Venere”, and “STI Yorkville” – /2014 HMD — for USD 32 mills each. Finally, the Stainless-Steel “Bristol Trader” – /2016 Shin Kurushima was reported sold for USD 39 mills, and the smaller “Golden Ray” – /2012 Kitanihon changed hands to PV Transportation for USD 23 mills”, Xclusiv concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide