Weekly Vessel Valuations Report, April 11 2023

Bulkers: Bulker values have remained stable

Panamax Luck Fortune (76,700 DWT, Apr 2002, Imabari) sold to undisclosed buyers for USD 9.80 mil, VV Value USD 10.87 mil – BWTS.

Supramax Amis Leader (58,100 DWT, Dec 2010, Tsuneishi Zhoushan) sold to undisclosed buyers for USD 18.00 mil, VV Value USD 17.17 mil – DD Due.

Supramax Haut Brion (57,100 DWT, Dec 2011, Taizhou Sanfu Shipbuilding) sold to undisclosed buyers for USD 14.00 mil, VV Value USD 14.30 mil – BWTS.

Handy BC Eldoris (36,100 DWT, Oct 2011, Hyundai Mipo) sold to undisclosed buyers for USD 16.50 mil, VV Value USD 16.80 mil – BWTS.

Handy BC Kalixenos (33,700 DWT, Apr 2010, Samjin Shipbuilding Industries) sold to undisclosed buyers for USD 10.90 mil, VV Value USD 11.70 mil – DD Due.

Tankers: Mid age Suezmax tankers values have softened, whilst older MR tankers have firmed

Suezmax Ridgebury Elizabeth B and Ridgebury Lessley B (158,600 DWT, Jun 2011-Sep 2013, Hyundai Heavy Ind, Samsung) sold to Navig8 for USD 101.50 mil, VV Value USD 108.36 mil – On Subs, SS/DD Due

Aframax Nectar Sea (105,400 DWT, Apr 2008, Sumitomo) sold to undisclosed buyers for USD 37.00 mil, VV Value USD 38.06 mil – SS/DD Due.

MR2 Ridgebury John B (46,000 DWT, Jan 2007, Shin Kurushima Onishi) sold to undisclosed buyers for USD 23.50 mil (On Subs), VV Value USD 18.25 mil – On Subs.

MR1 (Chem / Product) Norient Saturn (40,400 DWT, Dec 2007, Santierul Naval Constantza) sold to Sea Transport Group for USD 19.65 mil, VV Value USD 17.51 mil – SS/DD Passed.

Containers: Container values have remained stable

Post Panamax CMA CGM Pelleas (9,661 TEU, Aug 2008, Hyundai Heavy Ind) sold to CMA CGM for USD 52.30 mil, VV Value USD 54.86 mil – Ex P/Option.

Panamax Pohorje (4,043 TEU, Feb 2006, CSBC Kaohsiung) sold to MSC for USD 21.00 mil, VV Value USD 19.80 mil – BWTS.

Panamax Spirit of Lisbon (4,250 TEU, Dec 2009, Jiangsu New Yangzijiang) sold to CMA CGM for USD 24.00 mil, VV Value USD 23.24 mil – DD Passed.

Handy Louisa Schulte (1,740 TEU, Feb 2008, Guangzhou Wenchong) sold to undisclosed buyers for USD 11.50 mil, VV Value USD 12.12 mil – SS/DD Due.