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. T9 K9 J% F7 H$ N/ O% s- n Delivery delays at 21st Century Shipbuilding have led to a Greek owner cancelling a contract.
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" i" w/ D( s* C6 v- TLaskaridis Shipping of Greece has cancelled a handysize bulker at the South Korean yard. , t6 ]/ \% c) j* D: E
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Commercial director Yiannis Lagarias confirms Laskaridis cancelled the 34,000-dwt Nireas in May, when the ship was due for delivery. ; \7 H6 T( L4 j
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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. , T* g% ^6 x$ B: `+ @
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Laskaridis booked the ship as part of a three-vessel series in 2008 for $36m each. # }! P. e0 Z7 t
0 m. g$ M: b+ iLagarias says the price was negotiated down to $29m per ship once it was clear there would be delays. 2 ]. a) E; m* q3 N8 N* x
4 b- {9 `( g$ V: F0 g" i- L5 n, ]In 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. 7 v, G/ B! b0 I7 k7 H
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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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