Greek shipowners maintained a firm investment ‘appetite’ in the newbuilding projects during June, while secondhand activity remained limited in both the dry bulk and tanker sectors.
According to data compiled by Allied Shipbroking, newbuilding transactions dominated the month, showing clearly that the Greek investment appetite for newbuild ships has not slowed.
Allied Shipbroking reported last week that Greek-linked newbuilding activity stayed ahead of secondhand in June, with tankers leading overall contracting. Container vessels and dry bulk carriers also remained active, while secondhand activity stayed more limited and focused.
The Greek broker in its weekly Allied QuantumSea Research noted that Greek shipowners’ newbuilding investment was led in June by tankers, followed by containers and dry bulk, with orders placed almost entirely at Chinese shipyards.
Secondhand activity was more limited and targeted, with buying focused on dry bulk and LR1 product tankers and selling mainly in dry bulk, leaving the overall picture firmly newbuilding-led.
Tankers were the leading segment, covering VLCC, suezmax, aframax, and MR tanker orders, while container ships followed with a broad spread from feeder ships to larger units.
Dry bulk remained active as well, with orders across capesize, kamsarmax, and ultramax vessels, showing that June demand was broad even though tankers stayed clearly ahead.
On the other hand, secondhand vessel activity remained limited, with most reported transactions in dry bulk and only a small number in tankers.
Greek buyers focused on dry bulk vessels and LR1 product tankers, while sellers were mainly active in older dry bulk units, showing a more selective and asset-specific approach than in newbuildings.
Meanwhile, delivery schedules are concentrated mainly in the later part of the decade, with most of the contracted tonnage set to arrive then, indicating that shipowners are securing forward shipbuilding capacity rather than seeking near-term delivery slots.
