Another
week of stability on local markets saw several interesting and high priced
sales concluded for the week.
The
Cyprus Maritime owned bulker MEXICO CITY (10,979 LDT) went for a huge price of
USD 367/LT LDT with the full spares and several hundred tons of bunkers
included in the sale responsible for the decent level.
The
WELMOUNTAIN (24,308) also with some fuel and built 1992 in Poland fetched a
firm USD 360/LT LDT in a direct transaction between owners and yard.
There
are open yards to buy in both North and South despite a number of vessels being
sold recently - a settled price is contributing to some overall greater
interest to acquire.
Source: Steel Guru (Source - GMS Weekly). 26 June 2012
http://www.steelguru.com/chinese_news/GMS_report_on_China_ship_breaking_industry_for_WEEK_25_2012/270400.html
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