Weekly Vessel Valuations Report, August 22 2023

Bulkers: Older Capesize and Supramax BCs have increased, other vessels remained stable

Capesize BC HL Imabari (206,300 DWT, Oct 2008, Imabari) sold to unknown Chinese buyers for USD 21.5 mil, VV Value USD 20.54 mil

Handy BC Tomini Ghibli (37,900 DWT, May 2016, Jinling Weihai) sold to undisclosed buyers for USD 17.0 mil, VV Value USD 17.10 mil

Tankers: Tanker values have remained stable this week

Small Clean Tanker At Honor (10,700 DWT, Dec 2005, Nokbong) sold to Undisclosed buyers for USD 7.30 mil (BWTS), VV Value USD 6.00 mil

Containers: Secondhand values held stable for ULCV and New Panamax. Post Panamax and smaller segments have slightly softened

Panamax Bomar Calais (2,556 TEU, Feb 2005, Hyundai HI) sold by Borealis to Marsa Ocean for USD 11.5 mil (DD passed), VV Value USD 11.8 mil

Handy X Press Irazu (1,732 TEU, Feb 2007, Guangzhou Wenchong) sold by X-Press Feeders to MSC for USD 11 mil, VV Value USD 9.7 mil