Pakistan
established themselves this week as firmly ahead of their Indian competitors
with a greater aggression to buy at better numbers.
Indeed,
the Danish built, ABS class, full spares panamax bulker 05TSEE MERCHANT
considered to be a prime Indian candidate was surprisingly concluded to Gadani
buyers for a highly impressive USD 410 per LT LDT.
With
a paucity of tankers currently on the market and a lack of overall demand for
container vessels, reefers and other general cargo/MPP types, Pakistan buyers
have to switch their focus back to bulkers. With a less volatile currency and
steel market than India, firm Gadani buyers seem able to outbid their Indian
counterparts on desired tonnage at present.
Market
sales reported –
|
VESSEL NAME
|
TYPE
|
LDT
|
REPORTED PRICE
|
|
OSTSEE MERCHANT
|
Bulker
|
12,926
|
USD 410/LT LDT
|
Source:
Steel Guru. 18 December 2012
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