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( a. v* ^6 ^# T Delivery delays at 21st Century Shipbuilding have led to a Greek owner cancelling a contract. / p- Y' l* t/ t8 w9 e" M
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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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Lagarias says the yard was behind schedule on the bulker, Hull No 1002, and 21st has since sold it on to other interests. 7 K( ]( s, Z, ] i
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Laskaridis booked the ship as part of a three-vessel series in 2008 for $36m each.
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; M$ c& q) F* U& b/ G* g% oLagarias says the price was negotiated down to $29m per ship once it was clear there would be delays.
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' U+ i5 z0 c3 U, T% S! ZIn 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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* A, P1 ?; y: k2 T1 L0 jThe second ship in the series, Hull No 1003, is due for delivery by early July.
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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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