New Orders Container
Interest for fresh orders increased slightly. Singapore’s Greathorse Tiger placed an order for up[ds_preview] to 8 dual-fuel newbuildings (2+6 x 14,000TEU) at Yangzijiang. The vessels will cost around 110mill. $ each, deliveries are expected to start from mid-2022. Salam Pacific ordered one 680TEU ship (incl. 100 reefer plugs) at Nanjing Pacific. Furthermore, Chinese operator SITC entered into shipbuilding contracts with Yangzijiang for a 2,400TEU sub-panamax ship.
Secondhand Sales
Activity continues to stay on a high level during. The coronavirus outbreak did not dampen buying demand. In the bigger segments, the two 6,655TEU ships »SM Hong Kong« and »SM Seattle« were purchased from KMTC for 20mill. $ each. In the feeder segment, Sinokor purchased the »Sinar Sangir« and »Sinar Subang«. The 1,708TEU vessels, built 2008 at Imabari, were acquired for 7.25mill. $ each.
Demolition Sales
The situation at the recycling market for container vessels remains unchanged – only a few vessels were sold for scrap. Most recycling candidates received prices below $400/ldt. The 1,016TEU vessel »Armada Papua« for example was sold to Bangladeshi breakers for $383/ldt.
