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2 S( L o7 Y$ o D7 f# ? Delivery delays at 21st Century Shipbuilding have led to a Greek owner cancelling a contract.
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Laskaridis Shipping of Greece has cancelled a handysize bulker at the South Korean yard.
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2 D& H9 C( U. w _( }0 h1 oCommercial director Yiannis Lagarias confirms Laskaridis cancelled the 34,000-dwt Nireas in May, when the ship was due for delivery. - i4 L7 B" \$ t- q) l$ p
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Lagarias says the yard was behind schedule on the bulker, Hull No 1002, and 21st has since sold it on to other interests. 8 C, h1 \+ l: o- ~9 C w
( @/ S1 E1 C; W% lLaskaridis booked the ship as part of a three-vessel series in 2008 for $36m each. / {1 |# Q& u x4 ?* h
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Lagarias says the price was negotiated down to $29m per ship once it was clear there would be delays. 5 K5 O2 V: k Y3 [
; e& m) X! l; A) O/ dIn the end, Cebi Denizcilik ve Ticaret of Turkey bought the ship for a reported $26m, renaming it Minanur Cebi 1, for slightly more than Laskaridis’s offer. Delivery is now set for July.
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The second ship in the series, Hull No 1003, is due for delivery by early July. 4 U( ~* y5 U+ L# E$ g$ t1 H& Q D
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Lagarias 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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