Weekly Vessel Valuations Report, January 09 2024

Bulkers

Bulker Values remained stable last week

Capesize BC Highland Park (174,100 DWT, Mar 2006, SWS) sold to unknown Chinese buyers for USD 15 mil, VV Value USD 15.4 mil

Panamax BC Tomini Bravery (81,000 DWT, Feb 2015, Jinling Jiangsu) sold to unknown Greek buyers for USD 24.5 mil, VV Value USD 23.03 mil

Supramax BCs Xing He Hai & Xing Hao Hai (61,500 DWT, Mar 2016, Dalian COSCO) sold in enbloc deal to unknown Chinese buyers for USD 52 mil, VV Value USD 49.5 mil

Tankers

Tanker values remained stable last week, modern Suezmaxs expected to firm due to the sale of Bella Ciao

5x VLCC (297,000-321,300 DWT, 2009-2010, Daewoo & SWS) sold to Sinokor in an en bloc deal for USD 300 mil, VV Value USD 260.38 mil

Suezmax Bella Ciao (156,600 DWT, Jul 2020, New Times Shipbuilding) sold to Pertamina for USD 86 mil, VV Value USD 78.97 mil

Containers

Container Values remained stable last week

No notable sales last week