船联汇周报：全球二手船市场洞察

VesselNexus Weekly: Global Second-hand Ship Market Insights

Reporting Period: 2026-08-31 to 2026-09-06

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1. Executive Summary

The dry bulk market surged this week, with the BDI climbing 14.92% to close at 3,628, driven by a robust 23.10% rally in the Capesize segment. Meanwhile, secondhand asset values remain elevated across both bulkers and tankers, and demolition activity continues across the Indian subcontinent with Bangladesh commanding the highest bulker scrap prices.

2. Dry Bulk Market

The Baltic Dry Index (BDI) rose sharply this week, from 3,157 to close at 3,628, a gain of +14.92% (weekly average: 3,401). The rally was led by the Capesize segment, with the BCI surging +23.10% from 5,221 to 6,427. The Panamax index (BPI) advanced a more modest +3.73% to 2,448, while the Supramax index (BSI) edged up +1.52% to 1,675. Handysize data is not available for this reporting window.

The pronounced strength in the Capesize market points to firm iron ore demand and tightening tonnage supply in the Atlantic and Pacific basins. The more moderate gains in the smaller segments suggest a broader but less intense improvement in dry bulk sentiment.

3. Tanker Market

The Baltic Dirty Tanker Index (BDTI) was last published at 1,387 as of 2026-08-28, and the Baltic Clean Tanker Index (BCTI) at 2,777 as of 2026-08-28. These values predate the current reporting window (2026-08-31 to 2026-09-06) — the Hanwei feed lags the report week — and should not be read as this week's closing prints. Weekly changes are not available due to the data lag.

4. Secondhand & Newbuilding Prices

Clarksons Secondhand and Newbuilding price indices were not available for this reporting window. However, Banchero Costa data (as-of dates noted) provides the following reference values:

Secondhand values (USD million):

• Capesize: 71.2 (as of 2026-08-28)


• Kamsarmax: 38.9 (as of 2026-08-28)


• Handysize: 30.0 (as of 2026-08-21)


• VLCC: 148.9 (as of 2026-08-28)


• Suezmax: 104.1 (as of 2026-08-28)


• Aframax: 84.0 (as of 2026-08-28)


• MR Product: 49.5 (as of 2026-08-28)

Newbuilding values (USD million, as of 2026-08-01):

• Capesize: 74.1 | Kamsarmax: 37.1 | Ultramax: 35.0 | Handysize: 30.7


• VLCC: 124.1 | Suezmax: 83.5 | LR2 Coated: 72.6 | MR2 Coated: 45.8

Asset price implications: Secondhand Capesize values (71.2) sit at a narrow discount to newbuildings (74.1), reflecting the strength of the current Capesize earnings environment. Notably, secondhand VLCC values (148.9) command a significant premium over newbuilding VLCCs (124.1) — an unusually wide gap suggesting acute scarcity of prompt tonnage in the VLCC segment and/or firm forward earnings expectations. By contrast, secondhand Kamsarmax values (38.9) trade slightly above newbuilding equivalents (37.1), while handysize values are broadly aligned.

5. Sale & Purchase Activity

A range of S&P fixtures were reported during the period:

Reported sales (2026-09-01):

• Capesize Jian Fa (175,100 DWT, 2004, SWS) — sold


• Panamax Ivestos 9 (75,100 DWT, 2008, Hudong) — sold


• Panamax Container Navios Jasmine (4,730 TEU, May 2008, New Century) — sold


• Panamax PM Regent (49,900 DWT, 2018, Japan Marine United) — sold


• Suezmax Suez Ice Supreme (146,500 DWT, 2007, Universal) — sold


• Aframax Seasenator (105,700 DWT, 2007, Namura) — sold


• Supramax Spar Scorpio (53,600 DWT, 2006, Chengxi Shipyard) — sold


• Supramax Marianna (55,800 DWT, 2010, IHI) — sold


• Handysize Devbulk Sinem (38,000 DWT, 2013, Pha Rung) — sold

Prices were not disclosed for these transactions.

Demolition sales (2026-09-04):

• Undisclosed Portland II (bulker, 7,381 LDT) — delivered Gadani, Pakistan


• FK Sila (bulker, 2,100 LDT) — delivered Aliaga, Turkiye


• India Undisclosed BR Glory (bulker, 4,991 LDT) — delivered Gadani, Pakistan

Earlier sales (as-of, before window):

• Tai Hang 3 (bulker, 10,607 LDT) — delivered China (2026-08-27)


• Athena (tanker, 2,557 LDT) — delivered Chittagong, Bangladesh (2026-08-27)


• Bursa (tanker, 15,945 LDT) — sold as-is Sri Lanka (2026-08-27)

6. Ship Recycling Market

Best Oasis demolition prices as of 2026-09-04 (USD/LDT):

Bangladesh: Bulker 455.0 | Container 510.0 | Tanker 500.0 | HMS 385.0 | Shredded 395.0
India: Bulker 440.0 | Container 485.0 | Tanker 455.0 | HMS 385.0 | Shredded 395.0
Pakistan: Bulker 480.0 | Container 500.0 | Tanker 490.0 | HMS 390.0 | Shredded

VesselNexus周报：全球二手船市场洞察

报告期：2026年8月31日至2026年9月6日

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一、市场综述

本周干散货市场强势上扬，BDI指数攀升14.92%至3,628点，主要由好望角型船细分市场23.10%的强劲涨幅拉动。与此同时，二手散货船及油轮资产价格维持高位，次大陆拆船活动持续活跃，其中孟加拉国报价引领散货船拆解价格。

二、干散货市场

波罗的海干散货运价指数（BDI）本周大幅上涨，由3,157点升至3,628点收盘，涨幅达+14.92%（周均值：3,401）。本轮涨势由好望角型船领跑，BCI指数从5,221点飙升+23.10%至6,427点。巴拿马型船指数（BPI）温和上涨+3.73%至2,448点，超灵便型船指数（BSI）小幅走高+1.52%至1,675点。灵便型船数据本期暂缺。

好望角型市场的显著强势反映铁矿石需求坚挺及大西洋和太平洋地区运力供给收紧。较小船型更为温和的涨幅则表明干散货市场情绪呈广泛但强度有限的改善态势。

三、油轮市场

波罗的海原油运价指数（BDTI）最近一期报1,387（截至2026年8月28日），成品油运价指数（BCTI）报2,777（截至2026年8月28日）。上述数据早于本期报告窗口，韩伟数据源存在滞后，不应视为本周收盘值。受数据延迟影响，周度变动暂无法提供。

四、二手船及新造船价格

克拉克森二手船及新造船价格指数本期暂缺。以下为Banchero Costa参考数据（附截止日期）：

二手船价格（百万美元）：

• 好望角型：71.2（截至2026-08-28）


• 卡姆萨尔型：38.9（截至2026-08-28）


• 灵便型：30.0（截至2026-08-21）


• VLCC：148.9（截至2026-08-28）


• 苏伊士型：104.1（截至2026-08-28）


• 阿芙拉型：84.0（截至2026-08-28）


• MR成品油轮：49.5（截至2026-08-28）

新造船价格（百万美元，截至2026-08-01）：

• 好望角型：74.1 | 卡姆萨尔型：37.1 | 极限灵便型：35.0 | 灵便型：30.7


• VLCC：124.1 | 苏伊士型：83.5 | LR2成品油轮：72.6 | MR2成品油轮：45.8

资产价格解读： 二手好望角型船价格（71.2）较新造船（74.1）呈小幅折价，反映当前好望角型船盈利环境强劲。值得关注的是，二手VLCC价格（148.9）较新造船VLCC（124.1）存在显著溢价——这一罕见的宽幅价差表明VLCC板块即期运力严重紧缺及/或远期盈利预期坚挺。相比之下，二手卡姆萨尔型船价格（38.9）略高于新造船（37.1），灵便型船价格则基本持平。

五、买卖船成交动态

本期报告多笔买卖船交易：

报告成交（2026-09-01）：

• 好望角型“建发”轮（175,100载重吨，2004年建造，外高桥造船）——已售出


• 巴拿马型“Ivestos 9”轮（75,100载重吨，2008年建造，沪东中华）——已售出


• 巴拿马型集装箱船“Navios Jasmine”轮（4,730 TEU，2008年5月，新世纪造船）——已售出


• 巴拿马型“PM Regent”轮（49,900载重吨，2018年建造，日本海事联合）——已售出


• 苏伊士型“Suez Ice Supreme”轮（146,500载重吨，2007年建造，Universal）——已售出


• 阿芙拉型“Seasenator”轮（105,700载重吨，2007年建造，名村造船）——已售出


• 超灵便型“Spar Scorpio”轮（53,600载重吨，2006年建造，澄西船厂）——已售出


• 超灵便型“Marianna”轮（55,800载重吨，2010年建造，石川岛播磨）——已售出


• 灵便型“Devbulk Sinem”轮（38,000载重吨，2013年建造，Pha Rung）——已售出

上述交易均未披露成交价格。

拆解交易（2026-09-04）：

• 未披露船名“Portland II”号（散货船，7,381轻吨）——交付巴基斯坦加达尼


• “FK Sila”轮（散货船，2,100轻吨）——交付土耳其阿里亚加


• 印度未披露船名“BR Glory”号（散货船，4,991轻吨）——交付巴基斯坦加达尼

前期成交（窗口期前）：

• “Tai Hang 3”轮（散货船，10,607轻吨）——交付中国（2026-08-27）


• “Athena”轮（油轮，2,557轻吨）——交付孟加拉国吉大港（2026-08-27）


• “Bursa”轮（油轮，15,945轻吨）——按现状出售，斯里兰卡（2026-08-27）

六、船舶拆解市场

截至2026-09-04最佳拆船报价（美元/轻吨）：

孟加拉国： 散货船455.0 | 集装箱船510.0 | 油轮500.0 | 重废钢385.0 | 破碎料395.0
印度： 散货船440.0 | 集装箱船485.0 | 油轮455.0 | 重废钢385.0 | 破碎料395.0
巴基斯坦： 散货船480.0 | 集装箱船500.0 | 油轮