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0 P: I- c* F3 y6 I+ T+ Y( x 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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Commercial director Yiannis Lagarias confirms Laskaridis cancelled the 34,000-dwt Nireas in May, when the ship was due for delivery.
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: J: ^" M+ j* V* I) w7 q7 L" i# N( c7 iLagarias says the yard was behind schedule on the bulker, Hull No 1002, and 21st has since sold it on to other interests.
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8 r( d+ h) K+ E8 ULaskaridis booked the ship as part of a three-vessel series in 2008 for $36m each.
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+ P5 J& T! P: R7 p7 sLagarias 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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' z/ T# T# s* O& U J& p6 iLagarias 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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