Weekly Vessel Valuations Report, August 15 2023

Bulkers: Resale Handysize BCs have increased, other bulker values have remained stable

Capesize BC Ariadne (180,000 DWT, Feb 2009, Daewoo) sold to undisclosed buyers for USD 20.40 mil, VV Value USD 19.56 mil

Panamax BC Navios Southern Star (82,100 DWT, Apr 2013, Tadotsu Tsuneishi) sold to unknown Greek buyers for USD 21.80 mil, VV Value USD 21.05 mil

Handy BC Tomini Norte (38,000 DWT, Sep 2016, Jinling Weihai) sold to unknown Greek buyers for USD 17.5 mil (BWTS), VV Value USD 17.47 mil

Tankers: Tanker values have softened slightly this week

Suezmax Monte Toledo (150,600 DWT, May 2004, Universal) sold to Undisclosed buyers for USD 35 mil (BWTS), VV Value USD 34.99 mil

Containers: Secondhand values marginally softened for Feedermax, Handysize, Sub Panamax and Panamax segments following reduced earnings

No notable sales this week