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4 w8 A: \8 w$ v2 O# i Delivery delays at 21st Century Shipbuilding have led to a Greek owner cancelling a contract.
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& q) N6 v9 k! A+ ]Laskaridis Shipping of Greece has cancelled a handysize bulker at the South Korean yard. 0 c+ B+ h1 P6 x1 c0 g
$ i7 Y6 } V. [; ?; _8 \( sCommercial director Yiannis Lagarias confirms Laskaridis cancelled the 34,000-dwt Nireas in May, when the ship was due for delivery.
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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. 6 w- ^! C; \; m9 `. s# U& e
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Laskaridis booked the ship as part of a three-vessel series in 2008 for $36m each. % }# \+ A; y; ]9 G- L: q3 o/ h
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Lagarias says the price was negotiated down to $29m per ship once it was clear there would be delays.
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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.
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3 Y- p N# x) t }1 ULagarias 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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