Weekly Vessel Valuations Report, August 27 2024

Bulkers: S&P Values remain mostly stable aside from a decrease for older tonnage Supramax owing to sale of Monica D

Supramax BC Monica D (52,500 DWT, Dec 2001, Shin Kurushima Onishi) sold DD Due to unknown Chinese buyers for USD 7.8 mil VV Value USD 8.2 mil

Ultramax BC Beauty Jasmine (63,800 DWT, Apr 2015, COSCO Shipping Heavy Industry Yangzhou) sold to undisclosed buyers for USD 24.25 mil VV Value USD 23.8 mil

Handy BC Ken Ryu (31,900 DWT, Jan 2002, Saiki) sold to unknown buyers for USD 6.8 mil VV Value USD 7.2 mil

Tankers: Tanker values remained stable across the board last week

9 x VLCC (300,000-320,000 DWT, 2014-2022) sold en bloc to Bahri for a total of USD 1 bil, VV Value USD 1.01 bil

Containers: Container values edged up a little this week with gains for midage Handy Containers, Feedermaxes, and ULCVs

No notable sales last week

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