Rare suezmax resale concluded

A rare suezmax resale has been recorded. Clarksons Research is reporting Unisea Shipping has sold a newbuild it had contracted Samsung Heavy Industries to build with Greece’s Thenamaris paying $76m for the ship.

“The sale illustrates the lack of liquidity in this segment, especially for modern ships, as it’s the first transaction of note since January 2021 when secondhand prices were lower,” Clarksons noted in its most recent weekly report, adding that the price still appears competitive when compared to quotes for newbuild suezmax units at Korean yards.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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