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日本海事新聞ニュース Japan Maritime Daily Aug 18, 2025 (Mon)

‌【Current of Japanese shipowners】Demand on Secund Hand Bulker Rebund due to Steady Market

 “The market is in summer vacation mode both domestically and internationally. However, there are oc ・・・ %E3%80%80%E2%80%9CThe+market+is+in+summer+vacation+mode+both+domestically+and+internationally.+However%2C+there+are+occasional+cases+of+older+bulkers+being+bought+and+sold+in+the+secondhand+vessel+market.%E2%80%9C+%3Cbr%3E%E3%80%80It+was+a+late+afternoon+in+Tokyo+during+the+Obon+period.+A+shipping+broker+said+this+about+current+market+trends.+%3Cbr%3E%E3%80%80According+to+broker+reports%2C+in+early+August%2C+seven+deals+for+Capesize%2C+Kamsarmax+and+Supramax+vessels+aged+between+6+and+23+years+were+announced+in+the+secondhand+vessel+market.+The+buyers+are+believed+to+be+shipowners+from+India%2C+T%C3%BCrkiye+and+China.+%3Cbr%3E%E3%80%80%E2%80%9CThe+dry+spot+charter+market+began+to+recover+in+mid-July%2C+and+the+tide+also+turned+in+the+secondhand+vessel+market.+Prices+for+modern+ships+aged+between+5+and+7+years%2C+which+had+been+weak+until+a+few+weeks+ago%2C+have+stopped+falling%2C+and+there+is+growing+interest+in+buying+older+ships+aged+10+years+or+more%2C+which+are+cheaper.%E2%80%9C+%28Broker%29+%3Cbr%3E%E3%80%80%E2%96%A0+Focus+on+the+Type+76+Panamax+%3Cbr%3E%E3%80%80The+secondhand+vessel+market%2C+where+the+time+span+between+sale+and+delivery+is+short%2C+reacts+sensitively+to+fluctuations+in+the+spot+charter+market.+%3Cbr%3E%E3%80%80Current+daily+charter+rates+for+Kamsarmax+vessels+are+in+the+%2414%2C000+range%2C+a+step+up+from+the+market+level+of+around+%2410%2C000+in+the+first+half+of+the+year.+Regarding+the+US+tariff+policy+and+port+entry+fee+system%2C+which+are+a+cause+for+concern%2C+%E2%80%9Cthe+negative+impact+will+not+be+significant+%28enough+to+cause+concern%29%2C+and+the+view+that+they+are+merely+in+name+only+is+becoming+widespread%2C%E2%80%9C+he+said.+%3Cbr%3E%E3%80%80Regarding+the+routes+on+which+the+purchased+ships+will+be+deployed%2C+modern+ships+with+good+fuel+efficiency+are+the+norm+in+European+trade%2C+where+the+EU-ETS+%28European+Union+Emissions+Trading+System%29+has+begun+to+be+applied.+On+the+other+hand%2C+older+ships+have+room+to+play+an+active+role+in+the+Asia-Pacific+trade%2C+such+as+Indonesian+coal+bound+for+India.+%3Cbr%3E%E3%80%80In+particular%2C+Kamsarmax+and+Panamax+ships%2C+which+do+not+have+cranes%2C+have+less+risk+of+malfunction+due+to+aging+onboard+loading+and+unloading+equipment%2C+making+them+more+accessible+even+if+they+are+old.+%3Cbr%3E%E3%80%80Particularly+noteworthy+are+76%2C000+dwt+%2876+type%29+Panamax+ships+that+are+15+years+or+older.+Some+overseas+owners+are+said+to+have+taken+notice+of+this+type+of+ship+due+to+its+outstanding+affordability.+%3Cbr%3E%E3%80%80Compared+to+the+currently+mainstream+Kamsarmaxes+in+the+same+class%2C+which+are+over+80%2C000+dwt%2C+the+Type+76+Panamax+is+an+outdated+ship+type+from+a+generation+earlier.+That%E2%80%99s+why+ship+prices+are+low%2C+and+%E2%80%9CWhen+the+charter+market+is+sluggish%2C+they+can+be+purchased+for+scrap+prices+plus+a+little+more%2C+and+even+though+the+market+is+currently+on+an+upward+trend%2C+they+can+be+purchased+at+a+price+that+is+40+to+50+percent+cheaper+than+Kamsarmax+ships+that+are+8+to+9+years+old%2C%E2%80%9C+said+a+broker.+%3Cbr%3E%E3%80%80Seeing+this+as+a+bargain%2C+like+an+air+pocket%2C+keen+overseas+shipowners+are+reaching+out+to+them%2C+%E2%80%9Ctrying+to+make+a+quick+buck+with+cheap+ships%2C+with+only+the+next+two+to+three+years+in+mind%2C%E2%80%9C+said+the+broker.+%3Cbr%3E%E3%80%80%E2%96%A0+Chinese+shipbuilding+sales+pitch+%3Cbr%3E%E3%80%80%E2%80%9CWe+have+heard+that+a+major+Chinese+state-owned+shipbuilding+group+is+planning+to+visit+Japan+this+fall+and+is+trying+to+sell+itself+to+Japanese+shipping+operators+and+shipowners.%E2%80%9C+%3Cbr%3E%E3%80%80A+person+involved+in+ship+finance+said+this+about+recent+topics+surrounding+shipbuilding.+%3Cbr%3E%E3%80%80While+the+slipways+at+major+Japanese+shipyards+are+already+booked+through+late+2028+into+2029%2C+some+Chinese+yards+still+have+slipways+for+2027.+%3Cbr%3E%E3%80%80A+Japanese+shipping+operator+has+said%2C+%E2%80%9CThe+so-called+%E2%80%99zombie+shipyards%E2%80%99+that+have+recovered+from+past+financial+difficulties+are+hungry+and+are+offering+ship+prices+that+are+well+below+the+market+price+of+Japanese+shipyards.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CChinese+shipyards+would+be+keen+to+win+orders+from+Japanese+big+carriers+with+a+good+name+recognition.+They+may+also+be+targeting+PCTCs%2C%E2%80%9C+said+a+ship+finance+source.+%3Cbr%3E%E3%80%80One+reason+why+China%E2%80%99s+slipways+are+relatively+empty+is+that+orders+were+difficult+to+obtain+in+the+first+half+of+this+year+due+to+growing+concerns+about+%E2%80%9CChina+risk%2C%E2%80%9C+such+as+the+Trump+administration%E2%80%99s+port+entry+fees+for+Chinese-built+ships.+%3Cbr%3E%E3%80%80Yangzijiang+Shipbuilding+Group%2C+a+major+privately+owned+Chinese+shipbuilder%2C+saw+its+new+shipbuilding+orders+for+the+first+half+of+the+year+%28January-June%29+fall+by+90%25+to+%24537+million+compared+to+the+same+period+last+year%2C+with+orders+for+just+14+ships+%28compared+to+79+in+the+same+period+last+year%29.+However%2C+the+company+is+maintaining+its+full-year+order+target+of+%246+billion+and+may+launch+an+aggressive+order+campaign+in+the+second+half+of+the+year.+%3Cbr%3E%E3%80%80A+Japanese+shipping+operator+said%2C+%E2%80%9CJapanese+shipyards+are+our+first+choice+for+newbuilding+program.+However%2C+in+the+case+of+Capesize+vessels%2C+there+are+cases+where+the+difference+in+ship+prices+between+Japan+and+China+is+nearly+%2410+million%2C+and+we+are+struggling+to+decide+what+to+do+from+here%2C%E2%80%9C+he+said+with+a+serious+expression.+%3Cbr%3E%E3%80%80%28Japanese+ship+owners+coverage+team%29+%3Cbr%3E%E3%80%80%E3%80%80%E3%80%80%E3%80%80%3D+Posted+once+a+month+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E



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