New Orders
Only three orders were placed during the last weeks. Evergreen ordered four 2,500TEUs at Jiangnan, the[ds_preview] first ever newbuilding contract placed in mainland China (in total 130mill. $). The new German-Chinese shipping company Gerchicon ordered up to nine 2,300TEU unis (three firm, six options) at Zhoushan Changhong. In addition, US-based Dole ordered two plus two optional 2,500TEU vessels at Chengxi.
Secondhand Sales Container
JR Shipping acquired the 1,436TEU Chinese ice-class feeder (2011-built) »Alsterdijk«, »Aalderdijk«, »Akerdijk« and »Amerdijk« for 37mill. $. »Cafer Dede« and »Ibrahim Dede« were acquired by Capital Maritime for 9mill.$ each. In general, market activity stays on a low level, as sellers are not receiving the bits they would sell for.
Demolition Sales
The world market price for iron ore oscillates around 74.5$/t. After a setback during November, prices were able to recover. Expectations of a boost in demand for the steel-making raw material from Beijing`s moves to stimulate the slowing Chinese economy could be a reason for that. Recycling activity remains at a similar level as in the last reporting period, with demolition prices oscillating around $450$/ldt. The highest price was achieved by the 5,018TEU »CSL Virginia«, which was sold to Bangladesh at 488$/ldt. After a collision last year with RoRo ship »Ulysse«, the Greek owners decided to offload it.
Jan Göldner
