Topic
ship sale
Logistics Zodiac Maritime lands record price in first capesize sale of the year
According to Splash247, Zodiac Maritime completed its first capesize sale of the year, selling the scrubber-fitted 180,300 dwt Cape Condor for a record $39m. The price far exceeds VesselsValue's $33.73m valuation and Star Asia's ~$35m quote, underscoring aggressive buyer demand for Japanese-built vintage tonnage.
Logistics Wagenborg exits roro sector with Wallenius SOL sale of ice-class duo
Royal Wagenborg is leaving the pure roro sector, selling ice-class sister vessels Bothniaborg and Balticborg to Wallenius SOL. The deal transfers a long-term contract of affreightment with Smurfit Westrock covering kraftliner cargo from Piteå, Sweden. Wallenius SOL will continue the service before integrating it into its wider northern European network.
Logistics 26-Year-Old Car Carrier Chang Sheng Hong Fetches $42 Million at Shanghai Auction, Triple Reserve
The 4,310-ceu car carrier Chang Sheng Hong was sold at auction in Shanghai for approximately $42 million, three times its reserve price of RMB95 million ($14 million). The 26-year-old vessel, built in 2000 at Croatia's Uljanik shipyard, had previously traded as Dresden and was renamed in 2017 after entering Chinese ownership. The sale underscores an extremely tight car carrier market driven by China's surging vehicle exports, with up to 2 million cars shipped on containerships this year.