Weekly Vessel Valuations Report, December 22 2020

Tanker:  LR1 values have firmed.

VLCC Regulus (310,100 DWT, Feb 2000, Samsung) sold for USD 21.00 mil, VV value USD 19.02 mil – DD Due.

LR1s Nordvenus, Nordmars, Nordneptun and Nordmerkur (75,000 DWT, Mar – May 2004, Hyundai Heavy Ind) sold in an en bloc deal for USD 41.00 mil, VV en bloc value USD 38.63 mil.

Bulker:  Modern Capesize values have softened.

Capesize Netadola (209,000 DWT, May 2019, Jiangsu New Yangzijiang) sold to Greek buyers for USD 38.25 mil, VV value USD 40.49 mil.

Capesize MG Courage (206,300 DWT, Jun 2007, Imabari) sold to Golden Union for USD 14.50 mil, VV value USD 15.79 mil.

Post Panamax Double Harmony (88,300 DWT, Jun 2010, Imabari) sold for USD 12.70 mil, VV value USD 12.86 mil.

Panamax ADS Arendal (76,800 DWT, Sep 2004, Sasebo) sold for 7.65 mil, VV value USD 7.57 mil – BWTS fitted.

Panamax Oceanis (75,200 DWT, May 2001, Hyundai Samho Heavy Industry) sold for USD 5.75 mil, VV value USD 5.86 mil.

Ultramax SBI Aries (63,600 DWT, Feb 2015, Chengxi Shipyard) sold to Eagle Bulk Shipping for USD 16.50 mil, VV value USD 15.29 mil.

Supramax SAM Lion (57,200 DWT, Jul 2012, STX Offshore) sold to Ningbo Ocean Shipping Co for USD 10.40 mil, VV value USD 12.22 mil – At Auction.

Supramax Jin Ping (50,800, DWT, Sep 2002, Oshima) sold to Xinfeng HK Shipping for USD 5.50 mil, VV value USD 5.11 mil.

Container:  Container values have firmed.

Post Panamaxes Astrid Schulte & Adrian Schulte (7,241 TEU, Jun & Jul 2009, Hyundai Heavy Industries) sold to Taiwanese buyers in an en bloc deal for USD 70.00 mil, VV en bloc value 68.78 mil.

Panamax Silvia (4,132 TEU, May 2004, Hyundai Heavy Industries) sold to Technomar Shipping for USD 12.00 mil, VV value USD 9.19 mil.