Second hand ship buyers focus on kamsarmax and ultramax

Last week, perhaps due to the summer, a reduced activity was recorded in the purchase and sale of bulk cargo ships, but the interest remains strong as the profits of the sector are moving at very high levels. According to the brokerage firm Allied Shipbroking, the reduced interest of last week is expected to be temporary, despite the fact that the values ​​of second hand ships are already moving at high levels. The focus so far has been on the Kamsarmax and Ultramax units, a trend that is expected to continue in the coming weeks, says Alllied Shipbroking.

As far as tankers are concerned, the interest of buyers is more limited as well as the fundamental sizes of the industry are disappointing with the fares remaining at very low levels. At the same time, of course, the values ​​of the ships, according to the experts, remain high.

According to Allied Shipbroking, VLCC CHANG BAI SAN has a sale capacity of 318,445 dwt and a year of construction in 2012 at Shanghai Waigaoqiao Shipbuilding Co. instead of $ 41.5 million in Cyprus Maritime.

Among the bulkers stands out the sale of the CAPE “FRONTIER PHOENIX” with a carrying capacity of 181,356 dwt and year of construction 2011 at Koyo Dockyard Co Ltd in Japan, instead of $ 33.75 million in NG Moundreas.