S&P Market "Active"

Source:Asiasis
2011.12.31
557

Owners still busy in the secondhand S&P market, in a quest to find attractive deals before the year-end.
With ship financing getting scarcer, shipowners are actively looking to offload vessels and improve their balance sheets, while others with sufficient liquidity are looking to lower the average purchasing cost of their fleet, through attractive deals. 
Golden Destinty, in its own report said that during the course of the past week, “overall, 21 vessels reported to have changed hands this week at a total invested capital in the region of US$ 341.54 mil, one transaction reported at an undisclosed sale price.
Bulk carriers and tankers were the protagonists by grasping 86% of the S&P activity.
According to Intermodal’s report, “we witnessed some slight activity this week, despite the Christmas holiday festivities.
On the Tankers side, most notable was the reported enbloc sale of the Pacific Oasis” (47,999dwt-blt 04 Japan) and “Pacific Polaris” (47,999dwt-blt 04 Japan) which went to undisclosed buyers for a price of $ 23.0m each, both including balance of timecharter to Hanjin till August 2014 at a rate of $ 13,500 per day.
While on the dry bulker of interest was the sale of the vintage Panamax ‘Sd Epos’ (68,634dwt-blt 87 Japan) which went to Chinese buyers for a reported price of around $ 5.7m”, said Intermodal.

TOP