Reklam
Reklam
Reklam
Reklam
Reklam

Lion Shipbroker Market Report week 41- 16 October 2015

Last week's deal of NEW AGILITY (76K BLT 2001 IMABARI/JAPAN) for $6.3 mill has fallen through however she was sold again this week for half a million less to Indians ($5.7 mill) as asset values are softening rapidly due to bad chartering market. 

Lion Shipbroker Market Report week 41- 16 October 2015

Last week's deal of NEW AGILITY (76K BLT 2001 IMABARI/JAPAN) for $6.3 mill has fallen through however she was sold again this week for half a million less to Indians ($5.7 mill) as asset values are softening rapidly due to bad chartering market. 

Lion Shipbroker Market Report week 41- 16 October 2015
16 October 2015 - 20:05

Bulkers: 
Panamax frenzy this week as we recorded six units changing hands. Last week's deal of NEW AGILITY (76K BLT 2001 IMABARI/JAPAN) for $6.3 mill has fallen through however she was sold again this week for half a million less to Indians ($5.7 mill) as asset values are softening rapidly due to bad chartering market. We understand that same age PAVIAN (74K BLT 2001 HUDONG/CHINA) commanded the soft price of $4.65 mill to Greeks (almost $1 mill less than Japanese blt New Agility) clearly illustrating the discounted levels paid for Chinese built tonnage. In an off market transaction, five years old unit MOONLIGHT (76K BLT 2010 JIANGNAN/CHINA) achieved $12-$12.5 mill setting a new low benchmark. Three years old BONANZA KOTOBUKI (75K BLT 2012 SASEBO/JAPAN) was snapped byGreeks for $18 mill (she was originally contracted region $28-$29 mill).
Demolition: 
Subcontinent activity is almost non-existent; the rates offered are disappointing (region of below $300 per lt for bulkers) and short term market prospects are negative. We recorded a total of just3 sales this week (2 handysize bulkers plus 1 containership). We have not recorded any demo sales in China or Turkey. 
Lion Shipbrokers Market Report: 09 October 2015. Second hand sales, newbuilding orders and demolition/recycling markets update. 
CLICK ON THE LINK BELOW TO READ THE FULL REPORT IN PDF FORMAT:

http://www.seanews.com.tr/reports/lion_16_october_2015.pdf

This news 4764 hits received.

COMMENTS

  • 0 Comment