Asia/Pacific News
DryDel Secures K Line Charter Deal for Four Scrubber-Fitted Ships
Dry bulk shipping firm DryDel Shipping has secured a five-year time charter deal with Japan’s K Line for four of its scrubber-fitted Capesize newbuilds.
The four 182,000 DWT ships are under construction at Namura Shipbuilding in Japan, DryDel said in a LinkedIn post on Tuesday
The vessels will be DryDel’s first Capesize newbuilds. According to the company’s website, DryDel owns 13 Japanese-built dry bulk vessels.
Scrubber systems or exhaust gas cleaning systems, enabling ships to run on HSFO while meeting the IMO's global 0.5% sulfur cap.
Several countries, such as Denmark, Sweden and Finland, imposed a ban on discharges from open-loop scrubbers in their territorial waters last year.
“This transaction marks a major step in DryDel Shipping ’s evolution & establishes our presence in the Capesize sector through premium Japanese-built tonnage and a long-term partnership with a first-class Japanese counterparty,” the company said in the post.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 865.50 | 8.50 | 1289.50 | 14.50 |
| Rotterdam | 686.50 | 12.00 | 1390.00 | 40.00 |
| Houston | 740.50 | 7.50 | 1388.00 | 1.50 |
| Fujairah | 963.50 | 12.50 | 1666.50 | 19.50 |
| APAC Average | 999.00 | 0.00 | 1492.50 | 1.50 |
| Global 20 Ports Average | 876.00 | 6.00 | 1520.50 | 13.50 |
| Global 4 Ports Average | 814.00 | 10.00 | 1433.50 | 18.00 |
| Global Average Bunker Price | 935.00 | 3.00 | 1594.00 | 14.00 |
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