New Orders Container
Only two orders were placed during the last four weeks. Eastern Pacific ordered 11 LNG[ds_preview]-fuelled ships at Korea`s Hyundai HI. Theygs are scheduled to be delivered between 2022 and 2023 and are said to cost 136mill. $ each. TVL Group purchased one 1,096TEU vessel at Japanese shipbuilder Kyokuyo for delivery in 2021. The shipbuilder already built three such vessels for TVL Group, all chartered to KMTC.
Secondhand Sales Container
Volumes were close to the level of the previous period. In total, nine vessels changed hands, ranging from 700 to 9,500TEU. Tufton purchased the 2,546TEU »Maria-Katharina S« for 8.6mill. $, while BAL acquired 2007-built »O.M. Autumni« (704TEU) for 2.7mill. $. Danaos bought the 8,073TEU vessel »Conti Champion« (2005) for 25mill. $, currently on charter to MSC.
Demolition Sales
The situation remains unchanged – only a few vessels were sold for scrap. The market continues its sluggish development with most recycling candidates receiving prices below $400/ldt. However, Costamare achieved a strong price for one of its oldest ships. »MSC Sierra II« (2,024TEU) was sold for scrap to Indian buyers for $418/ldt including 600 bunker tons.
JG
