New Orders Container
While container ship orders have been very slow in the wake of COVID-19, a[ds_preview] limited number of contracts for container tonnage have been signed in recent weeks. A fresh order has been placed by Namsung Shipping, who has apppointed Dae Sun to construct two 1,000 TEU feeder vessels with delivery slated for end 2021 and early 2022. It is said that the cost is around $ 17-18 mill. each. Yang Ming has extended its pipeline with Shoei Kisen and Imabari by another three 11,850 TEU ships for 2022 delivery, adding to a series of similar ships that Yang Ming is to receive from the same shipyard from 2020-2022.
Secondhand Sales
It has been quiet on the container sale & purchase market in terms of transactions, but with a number of inspections in the near-term, there should some sales emerge in the coming weeks. Most recently, Seaspan has purchased a pair of 13,000 TEU vessels for an enbloc price of $ 146 mill.
Demolition Sales
Demolition vessels are mostly flocking for green recycling in Turkey, where a majority of older cruise vessels as well as some liner owned container tonnage is being moved to. Poland built »CMA CGM Okapi« (1,728 TEU) was sold for a price of 190 $/ldt.
