MARKET REPORT–WEEK ENDING SATURDAY 25thNOV 2023

2023-11-25

MARKET REPORT–WEEK ENDING SATURDAY 25thNOV 2023

LEGAL DISCLAIMER:  This report is performed to the best of our knowledge based on the market conditions prevailing at the time mentioned. The report relates solely to the date/place referred to and we emphasize that it is a statement of information collected from various market sources. All particulars above are from information given to us and such information as we have been able to obtain from relevant references in our possession but we can accept no responsibility and we bear no liability for any loss or damage incurred to.

 

BALTIC DRY INDEX

SIZE THIS WEEK LAST WEEK CHANGE (+/-)
BDI 2,102 1,820 282
BCI-CAPESIZE 3,385 2,763 622
BPI-PANAMAX 2,064 1,874 190
BSI-SUPRAMAX 1,279 1,205 74
BHSI-HANDYSIZE 670 599 71

BULK CARRIERS SECOND HAND SALES

The most notable sale this week was the sale of “GENCO COMMODUS” dwt around 169k, Korean built 2009 bought by an undisclosed buyer with the price of $19.5M USD.

NAME DWT (MT) BUILT/YARD PRICE (USD) BUYERS COMMENTS
SAMC EDDIE 175,775 2002/CHINA $12.2M Undisclosed  
GENCO COMMODUS 169,098 2009/KOREA $19.5M Undisclosed BWTS-SCRUBBER FITTED
STAR JENNIFER 82,295 2006/JAPAN $14.5M Greek  
OMICRON LIGHT 76,602 2005/JAPAN $10.9M Vietnamese  
STAR ATHENA 63,371 2015/CHINA $23.5M Greek  
STAR GLORY 58,680 2012/CHINA $19M Undisclosed  
EARTH OCEAN 50,409 2013/JAPAN Undisclosed GREEK BWTS FITTED - OHBS
PING JING 34,398 2015/JAPAN $17.5M European  

 

CONTAINERS/MPP/TWEENDECK/RORO SALES

NAME DWT (MT) TEU BUILT/YARD PRICE (USD) BUYERS COMMENTS
LANA 54,344 4,380 2010/KOREA Undisclosed Italian BWTS FITTED
CONTSHIP DAX 13,064 1,102 2016/CHINA $18M Undisclosed  
CONTSHIP REX 13,054 1,102 2015/CHINA $18M Undisclosed  
ANTON SCHEPERS 12,337 1,025 2004/ROMANIA Undisclosed Undisclosed  

 

OIL/CHEM/GAS TANKERS S A L E S

This week the most striking deal was enbloc sale of “GION TRADER” and “ALBATROSS TRADER” Japan built 2015 bought by Chinese buyer with the price of $30 Million each.

NAME DWT (MT) BUILT/YARD HULL PRICE(USD) BUYERS COMMENTS
P. KIKUMA 115,915 2007/KOREA Dh $39.3M Undisclosed BWTS fitted
AEGEAN MYTH 115,838 2006/KOREA DH Undisclosed China BWTS fitted
IRIDESCENT 112,871 2009/CHINA DH $39.5M Undisclosed BWTS fitted
OCIOS IOANNIS 47,147 2009/KOREA DH $25M Undisclosed BWTS fitted
SHANDONG WEIHE 45,898 2004/JAPAN DH $14M Undisclosed Auction sale
GION TRADER 19,883 2015/JAPAN DH $30M Chinese BWTS fitted, St St
ALBATROSS TRADER 19,862 2015/JAPAN DH $30M Chinese BWTS fitted, St St
ECO ETHEREAL(LPG) 26,645 2010/KOREA DH $43M Undisclosed DD Passed

 

You can always contact our below departments for any related Enquiries:

Dry / Bulk Chartering: chart@btrship.com Tanker Chartering: tanker@btrship.com

Ship Sales: snp@btrship.com Demolition: demo@btrship.com

Please feel free to contact us at george@btrship.com