Will start with a slightly different topic
- Container vessel sales: 9 vessels sold this week
- Interesting item - appears to be a block sale of 4 Panamax vessels. Is it safe to guess these vessels belong to ZIM? The name and the block sale would suggest so. I do know ZIM purchased 7 - 10 vessels about 12-15 months ago. If so, are they monetizing here to hunker down and return to their asset light model?
- 13 tanker sales, including Sinokor selling 3 modern VLCCs @ $64M - $65M each
- 7 bulker sales, inlcluding older Cape Agamemnon transaction (IIRC, a former CPLP vessel)
- Newbuilds on the bulker side - Old pal Economou on the mid-size vessel orders
- Newbuilds on the tanker side - Magni Partners is Fredriksen’s old pal, Tor Olav Troim (TOT), jumping into the VLCC market
- 16 tankers orders + 6 options, a fairly busy week.
ADVANCED-MARKET-REPORT-WEEK-31.pdf (hellenicshippingnews.com)