Weekly Vessel Valuations Report, August 01 2023

Bulkers: Values for BCs have remained stable this week

Capesize BC Shiosai (176,800 DWT, Nov 2009, Namura) sold to unknown Chinese buyers for USD 20.85 mil, VV Value USD 20.86 mil

Supramax BC Rhine Confidante (57,000 DWT, Apr 2010, Beilun Lantian) sold to undisclosed for USD 11.0 mil (DD Passed), VV Value USD 10.88 mil

Supramax BC RHL Marta (53,800 DWT, Oct 2007, Chengxi) sold to undisclosed buyers for USD 10.0 mil (SS/DD Passed), VV Value USD 11.14 mil

Tankers: Tanker values have remained stable this week

VLCC Fida, Sifa and Saham (316,400 – 300,000 DWT, Oct 2010 – May 2011, Hyundai HI – Universal) sold to Sinokor in an en bloc deal for USD 192 mil, VV Value USD 196.80 mil

Containers: Secondhand values have softened for Feedermax, Handysize, Sub Panamax and Panamax segments based on reduced earnings.

Post Panamax MH Hamburg (6,494 TEU, Mar 2009, Koyo Dock) sold by MPC Capital to Foroohari for USD 32 mil (Inc BBC), VV Value USD 38.30 mil