Author Topic: Seven-year old container ship sold for scrap  (Read 7875 times)

Offline dirk septer

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Seven-year old container ship sold for scrap
« on: January 16, 2017, 02:47:29 PM »
container ship Hammonia Grenada, built in 2010 to be scrapped:

http://maritime-executive.com/article/new-record-for-youngest-container-ship-demolition

Offline peter j. fitzpatrick

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Re: Seven-year old container ship sold for scrap
« Reply #1 on: January 16, 2017, 07:49:57 PM »
Hi dirk
They seem to be blaming a downturn for her demise
She is Chinese built and lately there seems to be more and
More going to the breakers yard
Do you think it is build quality or is it the steel they are using
We have had a few smaller Chinese built ships here arrested due to major deficiencies
Things don't work, poor quality equipment or is it just lack of maintenance
British and European ships last a lot longer than Asian built ships
But why ?

Offline lappino

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Re: Seven-year old container ship sold for scrap
« Reply #2 on: January 17, 2017, 02:50:11 AM »
The vessel that held the unlucky top spot as being the youngest to go to the breakers only some months ago (MSC Firenze) was European built.

This is indeed purely business decision, with place of build not having anything to do with it.

I've seen poor quality vessels from all parts of the world, and the ones that suffered from poor maintenance, too.

But, in this market, it will be the businessmen who will decide to discard the vessel or not.

Offline dirk septer

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Re: Seven-year old container ship sold for scrap
« Reply #3 on: January 17, 2017, 05:22:08 AM »
Totally agree with that: the bottom line will dictate whether a vessel is viable/making money; regardless how old or where built.

Offline Captain Ted

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Re: Seven-year old container ship sold for scrap
« Reply #4 on: January 17, 2017, 06:24:13 AM »
@ Lappino
As we have chinese and EU / Japanese/
Korean build ships in the fleet, Chinese ships usually are qualitywise not as good the others. If a chinese ship does not get proper maintenance she is done in 2-3 years a european lasts longer when neglected. Another problem with chinese ships is the eletrical wiring, a lot of problems with that and it has to be replaced often already right after they are builded. Another thing, to KEEP a chinese ship in good shape takes more work and materials as the steel used is not as good as it seems the european builders using, might be however also have to do with how the steel is treated initially.
 
NOW!!!,,,if we could get rid of the sailors,,how safe shipping would be !!!!!!!!

Offline miraflores

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Re: Seven-year old container ship sold for scrap
« Reply #5 on: January 17, 2017, 08:23:09 AM »
@peter j. fitzpatrick
When a shipowner is willing to pay a good price the chinese yards are able to built higher class ships.

Offline peter j. fitzpatrick

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Re: Seven-year old container ship sold for scrap
« Reply #6 on: January 17, 2017, 08:42:45 AM »
Thanks gentlemen , as allways a great topic of discussion
I agree if you want a cheap ship then you will pay a low price wherever it's built
Quality ships are still being built all over the world in all country's
But I still think that a European built ship has longevity, but at a cost !
Kind regards to you all
Peter

Offline dirk septer

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Re: Seven-year old container ship sold for scrap
« Reply #7 on: January 17, 2017, 01:00:36 PM »
You get what you pay for.....

Offline Brent

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Re: Seven-year old container ship sold for scrap
« Reply #8 on: January 17, 2017, 05:50:30 PM »
I have just researched the case and she is the second of the class to be scrapped, the India Rickmers / Hanjin Newport which was the first of 46 built by Jiangsu and slightly older went last November though maybe as par tof fallout from the Hanjin collapse. Other Chinese shipyards have built similar ships but only the Jiangsu ones being demolished. Th original contract price was around US$69 mn and Hammonia Grenada was fixed to CSAV for 5 years prob. around US$29000/day or US$9 mn per annum. After 5 years, on spot market she was fixed by COSCO for US$9250/day, then a longer term Maersk fix for prob. less. So maybe since entering service she has only achieved around US$48 mn in revenue though this may be questionable as CSAV who chartered her initially got into trouble and negotiated discounts from some shipowners. She finished with Maersk last November, and with her still swinging on the pick in Singapore early in Jan, and with the market now bleak for these old Panamax types, maybe the owners have decided to cut their losses. More to follow probably.
Cheers
Brent
...

Offline husni

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Re: Seven-year old container ship sold for scrap
« Reply #9 on: January 18, 2017, 12:05:31 AM »
You get what you pay for.....

Roger....i have experience one panamax bulker maiden voyage in my port, technisian come and visit the ship for some repair in navigation equipment and one for E/R


 

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