Weekly Vessel Valuations Report, December 07 2021

Tanker:  Tanker values have softened.

VLCC New Coral (297,600 DWT, Jan 2010, Jiangnan Shanghai Changxing HI) sold to Aeolos Management for USD 38.50 mil, VV value USD 35.83 mil.

MR2 Grazia (50,200 DWT, Nov 2010, CSSC OME) sold to Union Maritime for USD 14.90 mil, VV value USD 15.72 mil.

MR2s Marlin Ametrine, Marlin Ammolite, Marlin Aquamarine, Marline Aventurine and Marlin Azurite (50,000 DWT, Oct 2015 – Apr 2016, CSSC OME) sold to China Development Bank in an en bloc deal for USD 140.00 mil, VV value USD 132.22 mil.

MR2 Hafnia Hope (40,000 DWT, Jan 2007, Saiki) sold for USD 9.50 mil, VV value USD 10.45 mil – SS/DD Due.

Bulker:  Supramax and Handy values have firmed.

Supramaxes Belstar and Belnor (58,000 DWT, Aug 2009 – May 2010, Yangzhou Dayand Shipbuilding) sold in an en bloc deal for USD 33.00 mil, VV value 32.51 mil – BWTS Fitted.

Handy Bulker Hull 183 (39,300 DWT, Jun 2022, Jiangmen Nanyang) sold to German buyers for USD 28.50 mil, VV value USD 27.54 mil – Resale.

Handy Bulker New Face (38,200 DWT, Mar 2017, Shin Kochi) sold to Greek buyers for USD 27.50 mil, VV value USD 26.03 mil – SS/DD Due.

Handy Bulker Clipper Bettina (38,200 DWT, Jan 2012, Shimanami) sold for USD 20.25 mil, VV value USD 19.47 mil – BWTS Fitted.

Handy Bulker Sinlau Bulker (34,500 DWT, Jun 2018, Hakodate Dock) sold to for USD 25.00 mil, VV value USD 25.14 mil – BWTS Fitted.

Container:  Container values have softened.

Handy Container A Fuji (1,800 TEU, Jan 2021, Jiangsu New Yangzijang) sold to Wan Hai Lines for USD 42.75 mil, VV value USD 45.12 mil.

Handy Container Bremen Trader (1,800 TEU, Apr 2021, COSCO Guangdong) sold to Wan Hai Lines for USD 42.75 mil, VV value USD 45.52.