New Orders Container
Activity in the newbuilding market increased slightly. Hyundai Merchant Marine announced to order 20 eco[ds_preview]-friendly units and is asking shipyards for prices on twelve 23,000TEU vessels and eight of 14,000TEU. Depending on the propulsion, prices range between 150 and 160mill. $, and 110 and 120mill. $ respectively.
In the feeder segment two orders for 1,800TEU vessels have been placed. TS Line ordered two units at CSBC for 24mill. $ each. The other pair, ordered by Japan`s Itochu, will be built at Hyundai Mipo for a time charter with CK Line for a ten years at 10,000$ per day.
Furthermore, Marlink is said to have ordered six 1,162TEU ships at Fujian Mawei.
Secondhand Sales Container
Second hand market activity remained high. In total we recorded 18 transactions including six en bloc deals. The biggest vessels sold were two 2012 built 13,000TEU ships, acquired by Maersk at about 90mill. $ each. In addition four wide beam carriers (4,700TEU) were sold for approximately 25mill. $ each.
Another transaction in the bigger segment included the 2014 built »Asiatic Summer« (9,034TEU). It was acquired by Danish investment company Navigare for 77mill. $.
Further deals encompassed mainly smaller vessels. Two currently-popular geared feeder have been sold to UAE from Carsten Rehder. »Wellington Strait« and »Winchester Strait« (1,740TEU) changed hands for 13.8mill. $ en bloc.
Demolition Sales
Overall scraping activity remained at par with the previous reporting period. Again, only three vessels were sold. Demolition prices are oscillating in a range between 440$ and 480$ per light displacement ton.
