As the focus shifted East to the
most active and arguably best paving recycling market, Chinese buyers booked a
number of vessels at increasingly impressive numbers. With larger capesize
bulkers and tankers the preference, rates are comparable with, if not a touch
ahead of their Indian sub-continent competitors.
Two capesize bulkers of note were
sold this week with the Chinese owned HUIKANGHAI (22,532 LDT), with spare
propeller, sold for USD 375/LT LDT and the Ofer controlled TAUNTON (24,005 LDT)
sold for a very strong USD 381/LT LDT (with 500 Tons of bunkers included in the
sale).
In other news, after it was
reported last week that the Vietnamese owned panamax bulker SEA EAGLE (11,990
LDT) was sold for USD 338/LT LDT 'as is' under tow in Zhoushan shipyard, the
vessel has once again emerged onto the market following the failure of owners
to lift their BOD once again.
Source:
Steel Guru. 11 September 2013
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