Weekly Vessel Valuations Report, January 16 2024

Bulkers: Bulker Values firmed small amounts across the board

Capesize BC (Newcastlemax) Mineral Qingdao (206,00 DWT, Jul 2020, Qingdao Yangfan) sold for USD 54.50 mil, VV Value USD 55.68 mil

Capesize BC Capt Tasos (182,300 DWT, Oct 2023, Namura) sold to Norden for USD 70.50 mil (SS/DD Passed), VV Value USD 71.00 mil

Post Panamax BC Flag Trias (93,500 DWT, Dec 2007, Namura) sold for USD 14.50 mil (DD Due), VV value USD 14.85 mil

Tankers: Tanker values in general firmed last week, notably mid age VLCC tonnage increased due to the previous weeks frontline deal

MR1 (Chem/Product) Pluto & Dinah (37,300 DWT, Oct 2008, Hyundai Mipo) sold to undisclosed buyers for USD 41.75 mil, VV Value USD 43.72 mil

Containers: Values started to firm for Post Panamax and smaller from improved earnings and a short-term supply crunch in Asia, as a result of multiple diversions away via COGH

No notable sales last week