Dry Bulk S&P Market Heats Up
Summary
Shipbrokers report a marked uptick in both newbuilding orders and second‑hand (S&P) activity across the dry bulk and tanker sectors. Banchero Costa highlights a flurry of container, gas and chemical newbuild orders placed with Chinese yards, while Xclusiv describes week 36 of 2025 as one of the busiest for bulker S&P transactions this year.
Notable S&P deals include Capesize purchases by Greek buyers (e.g. Frontier Neige and Cape Jacaranda at about USD 25m each), a variety of Post‑Panamax, Kamsarmax, Ultramax, Supramax and Handysize sales with prices reported across the market, plus several wet sector sales and newbuilding resales in Suezmax and Aframax/LR2 segments.
Key Points
- Owners’ appetite for both newbuildings and second‑hand dry bulk tonnage increased significantly in the reported week.
- Banchero Costa: multiple container newbuild orders in China (Asiatic Lloyd, Eastern Pacific, OVP, Yangzijiang) and orders in gas and chemical sectors.
- Xclusiv: busy bulker S&P week with standout sales — Capesizes sold to Greeks (~USD 25m each), Kamsarmax and Ultramax deals in the mid/high USD millions, and several Handysize and Supramax trades.
- Wet sector activity included Suezmax and Aframax resales (examples: Jasmine Knutsen, Samurai; Navios Maritime newbuilding resales at ~USD 66.5m each).
- Deals span a wide range of ages and specs (scrubber‑fitted, Ice Class, varying yards) indicating cross‑segment demand and renewed purchasing confidence.
Context and relevance
The flurry of orders and sales suggests improving sentiment among owners and investors — both for fresh newbuild capacity and second‑hand tonnage. For shipowners, brokers and charterers this can signal firmer asset values and potentially tighter freight markets if demand keeps pace with fleet deployment. The combination of newbuilding activity and active S&P trading also affects shipyard workload and the second‑hand price curve.
Author’s take (punchy): Market streets are busy again — buyers are back and they mean business. If you follow asset values or trade dry bulk, this is the sort of week that shifts short‑term pricing and orderbook dynamics.
Why should I read this?
Short version: buyers have returned and deals are happening across sizes — from Capesizes down to Handysize. If you care about ship values, freight outlooks or where yards are getting workload, this saves you time: here’s the market pulse in one place.
Source
Source: https://www.hellenicshippingnews.com/dry-bulk-sp-market-heats-up/
