Newbuilding ordering activity has kept its upwards momentum, with more contracting being reported.
In its latest weekly report, shipbroker Banchero Costa said that “newbuilding orders continued to flow this week; In the container sector, Chinese owner China United Lines placed an order for 2x 14,000 TEU containerships at Hudong-Zhonghua for around USD 150 million each, with deliveries scheduled for December 2028. The vessels will be conventionally fuelled. Greek owner Navios Maritime Partners reportedly placed an order for 4x containerships at HJ Shipbuilding for around USD 122.7 million each, with deliveries scheduled for December 2027. No teu capacity has been confirmed at this stage. In the tanker sector, Greek owner Latsco Shipping reportedly placed an order for 2x 115,000 dwt tankers at SK Oceanplant for around USD 77 million each, with deliveries scheduled for June and November 2030, with options retained for two more. Greek owner Akrotiri Tankers also placed an order for 1x 157,000 dwt Suezmax tanker at New Times Shipyard for around USD 84.4 million, with delivery scheduled for June 2029. This brings the owner’s total order to two Suezmax tankers. Swiss/Turkish owner Advantage Tankers reportedly ordered 4x 157,000 dwt Suezmax tankers at Samsung for around USD 88.3 million each, with deliveries scheduled for October 2029. Reports indicate that the contract was placed in July 2026. Greek owner Dynagas reportedly ordered 4x 200,000 cbm LNG carriers at Samsung for around USD 263 million each, with deliveries scheduled for March 2029. The vessels will feature dual-fuel propulsion”.
Meanwhile, in a separate report, Xclusiv commented on the S&P market, that “on the Kamsarmax sector, German buyers acquired the “GCL Hazira” – 82K/2021 NACKS for USD 39 mills basis surveys passed, while the sister vessel “New Wavelet” – 82K/2021 NACKS changed hands for USD 38.4 mills basis delivery Q1 2027 and the “Babitonga” – 82K/2019 Tsuneishi changed hands for USD 38.5 mills. On the Panamax sector, Chinese buyers acquired the “Good Hope Max” – 77K/2005 Sasebo for USD 12.5 mills. Moving down the sizes, on the Supramax sector, the “YC Aequor” – 57K/2012 Ningbo was sold for high USD 13 mills. Finally, on the Handysize sector, the “CS Calla” – 37K/2011 Tianjin Xingang found new owners for USD 11 mills basis surveys due”.
“The tanker S&P market saw significant activity this week, particularly in the VLCC sector. Clients of ADNOC acquired the “Seaking” – 319K/2013 Hyundai Heavy for USD 177 mills, while the “Olympic Target” – 320K/2011 Hyundai Heavy and the “Olympic Light” – 317K/2011 Hyundai Samho were sold enbloc for USD 300 mills. On the same sector, the “Atherina” – 319K/2011 Hyundai Heavy changed hands for USD 146 mills. On the Suezmax sector, the “Stella” – 165K/2011 Hyundai Samho was sold for USD 83 mills, while Turkish buyers acquired the Aframax “TP Affinity” – 114K/2016 Hyundai Samho for USD 73 mills.
The “Eurointegrity” – 105K/2009 Hyundai Heavy was sold for USD 60 mills. On the Panamax/LR1 sector, the “London Star” – 74K/2006 New Century changed hands for USD 21.5 mills basis SS/DD due. On the MRs, the scrubber fitted “Puffin Pacific” – 50K/2020 STX was sold for USD 49 mills, while the “Virgen Del Cisne” – 50K/2009 SPP for USD 25.5 mills. The “Atlantic Crown” – 47K/2007 Hyundai Mipo and the “Ocean Sunrise” – 49K/2006 Iwagi Zosen were sold for USD 19.1 mills and USD 17.5 mills, respectively. Finally, the “Vitality” – 37K/2002 Hyundai Mipo and the “Sunflyte” – 37K/2001 Hyundai Mipo were sold enbloc for USD 17 mills”, Xclusiv concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide



