New Orders Container
Atlantic Geneva ordered four 2,400TEU ships at CSSC Jiangnan and eight 1,100TEUs at Huangpu Wenchong[ds_preview] and CSSC Chengxi. Furthermore, CMA CGM ordered ten 15,000TEU ships. The order was split amongst Shanghai Waigaoqiao and Pudong Zhongdua (both CSSC). Each vessel will cost around 110mill. $ and will have 10,000m3 LNG tanks. Shoei Kisen contracted four 11,000TEU vessels at Imabari.
Secondhand Sales Container
Activity continues to stay on a low level. The 9,408TEU ship »MSC Desiree« was sold by SinOceanic Shipping to Blue Star Holding for 90mill. $ with a 15-year bareboat charter at 25,700$/d. In the smaller segments, four transactions were concluded. One transaction included the 1,645TEU »Alidra« (built 2000). The ship was acquired by Victoria Oceanway for 3,8mill. $.
Demolition Sales
Iron ore has rallied almost 40% since December. A certain proportion of the price increase is due to the dam disaster in Brazil and its threat to global supply. Currently, the price for iron ore oscillates around 88$/ t. High activity continues to prevail in the demolition market. 13 vessels, representing 35,500TEU, were sold for scrap. The majority were feeder vessels. The large idle fleet of around 110 vessels (1,000 to 3,000TEU) definitely helps to increase volumes. In the larger segments, 6078TEU »Conti Basel« and 4,992TEU »Zim Virginia« were sold to Bangladeshi buyers at 470 and $466$/ ldt.
Jan Göldner
