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Weekly Vessel Valuations Report, December 13 2016

Tanker: Older tankers have seen a firming in value due to an increase in scaping rate

The Gener8 Spyridon (160,000 DWT, 2000, HHI) sold to Avin International for USD 14.2 mil vs VV value of USD 13.14 mil.

Bulker: Bulkers have seen a firming across all ages and ship types.
Hull 131 Jinhai (180,000 DWT, 2016, Jinhai Heavy Industry Co) sold to Marmaras Navigation for USD 28.3 mil vs a VV value of USD 27.46 mil.
Aurora Christine (46,700 DWT, 2000, Kanasashi) sold to Waruna Nusa Sentana from Newlead Holdings for USD 4.9 mil vs VV value USD 3.42 mil.

Container: 2006-2010 Panamax container values have firmed slightly this week.
The Hanjin Rio de Janeiro, Hanjin Piraeus, Hanjin Norfolk, Hanjin Durban (4275 TEU,2008, Samsung) were sold via bank sale to KMTC for USD 5.6 mil vs VV value of USD 5.23 mil.

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