Utilizing Advanced Shipping & Trading this week. Given the middle of last week thru middle of this week was Golden Week (Oct 1 - 8, 2025), I expected second hand vessel transactions to be fairly subdued. But, it wasn’t
- Around 20 bulker sales, including some by Chinese buyers
- 13 tanker sales spread across the category spectrum
- 6 container vessels sold. Almost all ice-class is interesting
- 22 + option 2 newbuild orders spread across the spectrum. There is a shipyard in Saudi Arabia? News to me
Many years ago, SFL financed a trio of Landbridge VLCCs. I don’t know if any of the three listed were among the three vessels that SFL financed. There is a transaction involving Performance Shipping (PSHG). This is a small shipping entity that originally spun out of Diana Shipping’s (DSX) venture into container shipping. PSHG then flipped over to the tanker sector.