New Orders Container
Activity at the newbuilding market for container vessels was quite agile. In the larger segment[ds_preview], Zodiac is said to have ordered 4 x 14,000TEU vessels at Hyundai Heavy Industries for 101,75mill. $ each, to be delivered 2019 against long-term time charters to the yard`s sister company Hyundai Merchant Marine. Costamare and Shoei Kisen ordered 5+2 units each, at China`s Jiangsu New Yangzijiang and Shoei`s sister Imabari. The 12,000TEU ships will be delivered in 2020 and 2021 against TC to Yang Ming.
In the smaller segments China Navigation ordered four 2,750TEUs at Huangpu Wenchong. Taiwans TS Lines is said to have ordered one 1,096TEU vessel at Kyokuyo/Japan.
Secondhand Sales Container
The S&P-market was less active in the second half of April and the first half of May. In total we recorded ten transactions including three en bloc deals. Again the ratio of vended feeder vessels was particularly high. It seems as if the appetite is strong but sales candidates are getting scarcer. In the bigger segments, only two transactions were concluded. Navios purchased »Adamastos« (9,954TEU) for 52mill. $, including TC transfer of 23,663$/d until March 2019. MSC purchased the 6,966TEU sisters »Texas« and »Washington«.
Demolition Sales
The situation at the recycling market for container vessels remains unchanged, only one vessel was sold for scrap. On the Indian sub-continent, »Kulsamut« (1996) was sold for 435$/ldt. So far this year, scrapping only reached 14 ships, totalling 26,770TEU. During the same period a year earlier 78 vessels (240,000TEU) were scrapped.
