Wednesday, November 7, 2012

[Marine] Hyundai Samho BCs resale

Hyundai Samho BCs resale

Seven 84,000-dwt series bulkers, constructed by Hyundai Samho Heavy Industries, have found new owners.

Unnamed Greek owner resale-purchased four of those series vessels and Japanese owner bought the rest of three.

According to Galbraith's recent S&P market report, newbuilding prices are marked around $24m-24.5m apiece.

Those seven newbuildings seem to have been ordered by TMT.

The Taiwan-based shipowner, struggling with financial difficulties, was unable to make payments and Hyundai group cancelled newbuilding contracts in the end.



Published : November 6, 2012


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