Xclusiv Shipbrokers Inc.

Dimitris Roumeliotis, research analyst at Xclusiv Shipbrokers Inc., told Riviera that the Greek gas carrier orderbook includes 97 vessels, with 52 of them being LPG carriers (including VLACs) and 45 being LNG carriers, collectively valued at US$15.67Bn. Sixteen shipping companies are behind these newbuilding projects, with Greek owners remaining particularly active this year, having signed contracts for 31 new vessels between January and September.

https://lnkd.in/eNGWWrdp Xclusiv’s John Cotzias and Dimitris Roumeliotis, DCL Investments’ Wang Linyu and LLoydslist markets editor Rob Willmington

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According to data from Xclusiv Shipbrokers Inc., Greece-based owners ordered 171 vessels between January and August 2024, compared with 182 ships during the same period last year – a slight decrease of 6.0%. This decline is primarily due to a sharp drop in bulk carrier contracts, despite notable increases in orders for gas carriers and container vessels.

Thank you Rob Willmington Lloyd's List for the great article. Xclusiv Shipbrokers Inc.

Greek buyers have once again emerged as the dominant force in the S&P tanker market, as entities based in the UAE, Turkey and India have significantly scaled back their activity. Dimitris Roumeliotis from Xclusiv Shipbrokers Inc. notes that high prices, limited interest from countries engaged in Russian trade, and a growing preference for newbuildings are the main factors contributing to the decline in global transactions for second-hand tankers.

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It is worth noting that some of the new orders (approximately 3%) are scheduled for delivery by 2028 or even the first months of 2030 (gas orderbook). This is a significant increase compared to two years ago, when only 17 ships (or 0.7%) in the order book had delivery dates over four years since then, Xclusiv Shipbrokers Inc. notes. *Greek to English translation.

Have the tanker values peaked? A couple of deals seem to have been finalized at lower prices compared to the recent levels, but again, it's kind of early to draw conclusions. Eirini Diamantara and Dimitris Roumeliotis from Xclusiv Shipbrokers Inc. provide the relevant data and insights. Plus: Greece's Aerio Shipmanagement is linked to two MRs that have recently been sold by Scorpio Tankers.

#India’s ambitious plan to launch a new state-owned shipping company is huge news for the secondhand and newbuilding markets, Greece’s Xclusiv Shipbrokers believes. The government is reported to be aiming to boost the Indian-controlled fleet by more than 1,000 cargo vessels over 10 years. #shipping Xclusiv Shipbrokers Inc.