New Orders Container
Contracting activity remained at a low level. In the ULCS segment, Evergreen has officially placed[ds_preview] an order for four 23,888TEU ships, fitted with scrubbers. Two of them will be built at Jiangnan Shipyard and two at Hudong Zhonghua Shipyard. The price is $145m each.
Secondhand Sales Container
Activity picked up with clear interest in mid-size and post-panamax units, the ratio of enbloc deals was particularly high. Seaspan purchased »APL Paris/Dublin/Southampton« (10,700TEU, Daewoo 2012). The deal also encompassed »APL Vancouver/New York/Mexico City« (9,200TEU, Daewoo 2013), acquired from China Merchants Bank for $380m. Euroseas purchased four 4,253TEUs in a cash and share deal worth $40m. In the feeder segment only three sales were concluded. One included »CFS Pacatu«, sold for $2m to Contships.
Demolition Sales
The world market price for iron ore oscillates around 92$/t. Local steel prices in India, Pakistan and Bangladesh increased. This contributed to a slight improvement in demolition activity. Quite active were Indian yards. The highest price achieved »Spirit of Manila« (2,260TEU, 2000) at $415/ldt, which is significantly above the current market levels.
