Singapore-based Chinese-backed shipowner and operator Winning Shipping sold 2001 built capesize bulk carrier 171K DWT MV Sunny Voyager for demolition in Bangladesh at $610 per LDT (Light Displacement Tonnage), or $13.8 million. Winning International Group’s ship-owning arm Winning Shipping sold one of the company’s vintage capesize bulk carrier MV Sunny Voyager to a cash buyer scrapyard in Chattogram. 2001 built capesize bulk carrier 171K DWT MV Sunny Voyager is one of three (3) ships that S&P (Sale and Purchase) shipbrokers have reported as being sold to a Bangladeshi scrapyard over the past week. On the other hand, scrapyards in India and Pakistan sat on the sidelines and held off buying any demolition vessel. Currently, Winning Shipping is one of the great capesize shipowners with a fleet of 39 large dry bulk carriers. 22-March-2023
Singapore-based Chinese-backed shipowner and operator Winning Shipping acquired 2008 built capesize bulk carrier 180K DWT MV Ocean Caesar from Kitaura Kaiun. Singapore-based shipowner and operator Winning Shipping is part of Winning International Group. 2008 built capesize bulk carrier 180K DWT MV Ocean Caesar was trading in the NYK fleet. Singapore-based shipowner and operator Winning Shipping paid around $19.5 million for 2008 built capesize bulk carrier 180K DWT MV Ocean Caesar. Robust activity in the capesize S&P (sale-and-purchase) market resumes ahead of anticipated capesize shippin market revival. Winning Shipping is one of the great capesize shipowners with a fleet of 40 large dry bulk carriers. 26-February-2023
Singapore-based Chinese-backed shipowner and operator Winning Shipping acquired 2002 built capesize bulk carrier 185K DWT MV Shinyo Challenger from Shinyo International for around $12 million. Sun Xiushun-led Winning International Group’s dry bulk shipping arm Winning Shipping has been expanding the company’s fleet through agreements in the new building and secondhand S&P (Sale and Purchase) markets. Winning Shipping ordered two (2) newcastlemax bulk carrier new buildings at Nantong Cosco KHI Ship Engineering (NACKS). Nantong Cosco KHI Ship Engineering (NACKS) is a joint venture between China’s Cosco Shipping and Japan’s Kawasaki Heavy Industries (KHI). Singapore-based shipowner and operator Winning Shipping will take the delivery of the first newcastlemax bulk carrier new building in Q4 2019 and the second newcastlemax bulk carrier new building in Q1 2020. Winning International Group’s dry bulk shipping arm Winning Shipping commenced working with Nantong Cosco KHI Ship Engineering (NACKS) in 2000 when Winning Shipping ordered two (2) 58K DWT supramax bulk carrier new buildings. Later on, Winning Shipping ordered two (2) newcastlemax bulk carrier new buildings at Nantong Cosco KHI Ship Engineering (NACKS). 2002 built capesize bulk carrier 185K DWT MV Shinyo Challenger will replace 1995 built capesize bulk carrier 185K DWT MV Winning Brother after MV Winning Brother was sold for demolition in 2018. Meanwhile, capesize market players expressed that Singapore-based Chinese-backed shipowner and operator Winning Shipping has shown interest in large bulk carrier newbuildings. Winning International Group’s dry bulk shipping arm Winning Shipping has approached shipyards under the control of China State Shipbuilding Corp (CSSC) and China Industry Shipbuilding Co, in addition to privately-owned shipyards for four (4) large bulk carrier newbuildings. Sun Xiushun-led Winning International Group was founded in 2002. Sun Xiushun was previously working at Cosco Qingdao. Winning International Group’s dry bulk shipping arm Winning Shipping started as a trader and ship operator in Qingdao. Winning Shipping established offices in Hong Kong and Singapore. Winning Shipping’s main shipping activity is transporting bauxite from West Africa to China. Sun Xiushun-led Winning International Group entered shipowning in 2007 with the acquisition of second-hand capesize bulk carriers. Winning International Group’s dry bulk shipping arm Winning Shipping acquired 39 capesize bulk carriers and two (2) panamax capesize bulk carriers in 10 years. Currently, Singapore-based Chinese-backed shipowner and operator Winning Shipping has a fleet of 32 capesize bulk carriers, two (2) supramax capesize bulk carriers, and one (1) post-panamax capesize bulk carrier. 1-May-2019
Singapore based shipowner and operator Winning Shipping 1995 built capesize dry bulk carrier 185K DWT MV Winning Brother (ex MV Noni M) for scrap in Bangladesh. Singapore based shipowner and operator Winning Shipping has 32 capesize dry bulk carriers in its fleet and MV Winning Brother (ex MV Noni M) was the oldest in the fleet. In 2012, Singapore based shipowner and operator Winning Shipping bought MV Winning Brother (ex MV Noni M) from Greek shipowner Transmed for $10.5 million. Winning Shipping second oldest capesize dry bulk carrier in its fleet is 1999 built 173K DWT MV Winning Joy. 21-August-2018
Dry bulk shipowner and operator Winning Shipping bought a 2007 Japanese built capesize dry bulk carrier 180K DWT M/V Yuritamou for $23 million from Japanese shipowner Doun Kisen. Dry bulk shipowner and operator Winning Shipping is one of the great capesize shipowners with a fleet of 31 dry bulk carriers. 20-April-2017
Winning Shipping, dry bulk shipowner and operator based in Singapore, bought cape size dry bulk carrier Japanese 2014 built 181K DWT M/V Winning Nature (ex M/V Aquarius Dream) for $28 million from MOL (Mitsui O.S.K. Lines). Dry bulk carrier owner and operator Winning Shipping also bought two weeks ago 2011 built cape size dry bulk carrier 179K DWT M/V Hanjin Matsuyama from Japanese owner Kumiai Senpaku for $22.75 million. Last month, dry bulk carrier owner and operator Winning Shipping also bought 2003 built cape size dry bulk carrier 203K DWT M/V Shin Heiryu from NYK for $10.5 million. Winning Shipping has a fleet of 21 dry bulk carriers. 6-October-2016
Korean Hyundai Merchant Marine (HMM) sold Korean Sungdong Shipyard 2011 built capesize bulk carrier 180K DWT M/V Hyundai Trust to Singapore based shipowner Winning Shipping for $22 million. 29-April-2016
Sales prices for two modern cape-size bulkers shows the recent freefall in bulker values. Cape size bulker M/V Spring Zephyr 180,000 DWT (built 2010) was sold to Carval for $21m. Another modern cape size bulker M/V Golden Hope 176,000 DWT (built 2009) has been sold to expanding Singapore owner Winning Shipping for $19.3m. Sale and Purchase (S&P) Brokers say the capesize sales signal that something of a floor may have been reached on prices for this category. 21-February-2016