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; {8 @: E9 o4 {1 f Delivery delays at 21st Century Shipbuilding have led to a Greek owner cancelling a contract.
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1 |2 ]# c3 l; A: w) W8 Z2 A% rLaskaridis Shipping of Greece has cancelled a handysize bulker at the South Korean yard. 5 p- ~( }+ s/ C% {3 X5 q
9 a* y3 ~; K F# u2 NCommercial director Yiannis Lagarias confirms Laskaridis cancelled the 34,000-dwt Nireas in May, when the ship was due for delivery.
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: K4 }- f1 ]8 @8 p( f9 dLagarias says the yard was behind schedule on the bulker, Hull No 1002, and 21st has since sold it on to other interests. 2 L$ x9 b+ b# h9 g8 a- f7 j+ p
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Laskaridis booked the ship as part of a three-vessel series in 2008 for $36m each.
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Lagarias says the price was negotiated down to $29m per ship once it was clear there would be delays. ( y/ h3 ^7 i. a! s
6 O, {; u$ f4 l8 Q4 ?( FIn the end, Cebi Denizcilik ve Ticaret of Turkey bought the ship for a reported $26m, renaming it Minanur Cebi 1, for slightly more than Laskaridis’s offer. Delivery is now set for July. E( w3 a7 C' _; B+ `, Q
& s: K3 ?0 i5 [/ |$ d/ V) cThe second ship in the series, Hull No 1003, is due for delivery by early July. 1 {# R7 J2 L2 E+ N
+ A* D9 s4 k5 t' {7 nLagarias says this ship will also not meet its delivery deadline and will be cancelled. Cebi is understood to snap up this bulker as well. |
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