Capes Win Scrap Race
TradeWinds digests the digits making the headlines this week.
2: Kamsarmaxes shed by Torm which have been bought by Phillipos Efstathiou’s Efnav.
(Torm resales snapped up by Efnav)
4: Handysize bulker newbuildings worth $92m chalked up at Hyundai Mipo Dockyard.
(Hyundai Mipo bags four)
72: Capesize bulkers torched in 2011, just ahead of the 68 panamaxes which were consigned to the scrap heap.
(Panamax scrap sales rocket)
860: Dry-cargo newbuildings, including 41 VLOCs, set to enter the market in 2012, DVB says.
(DVB sounds off on Vale giants)
5m: Potential profit for Stena Bulk from the pending sale of a products tanker which is finishing up a long-term charter.
(Stena on a winner with tanker sale)
30m: Cash laid down by Robert Kuok’s Newship for a BW VLGC after securing a period contract with Pertamina.
(Pacific Carriers wing snaps up VLCG)
4.6bn: Dollars shelled out by Greek owners for second hand ships in 2011, down from $9.3bn in 2010.
(Greek buying tumbles in 2011)
Digital digits - numbers hitting the headlines on www.tradewindsnews.com
1: Month on the sidelines for Maersk boss Nils Andersen following heart surgery.
(Maersk boss has heart surgery)
2: Auctioned Dr Peters aframaxes the German group plans to repurchase within a couple of months.
(Dr Peters plots buy-back)
3: Months an Oman Shipping Company VLCC had been in the water prior to a crash with a PIL boxship off Singapore.
(New VL IN Singapore smash / No spill from Omani VLCC)
7: Percentage of South Korea’s newbuilding backlog expected to be axed, according to Kyobo Securities, with pre-Lehman bulkers and tankers most at risk.
(Korean cancellation tally tip)
2.1m: Scorpio Tankers’ shares grabbed by Dan Gold’s QVT Financial as it emerges as a substantial investor in the company.
(Gold-en opening at Scorpio?)
227m: Double offshore newbuilding order wrapped up by Cosco Corp (Singapore).
(Cosco adds pipelay double)
565m: Newbuilding blitz in the offing for Pakistan National Shipping Corp, with LNG vessels a priority.
(PNSC plots LNG splurge)


