Weekly Vessel Valuations Report, January 17 2023

Bulkers: Values have remained stable across the Bulker sector
Capesize Aquasalwador (180,000 DWT, Jan 2012, Daehan) sold to Laskaridis Maritime for USD 27.00 mil, VV Value USD 25.26 mil – BWTS.
Pacific Basin acquired 6 x Bulkers from Ultrabulk ranging from 61,700 DWT to 37,900 DWT, built between 2012 to 2016 at Japanese yards, in an en bloc deal worth USD 124.65 mil, VV Value USD 127.83 mil.
Supramax Sunrise Rainbow (56,400 DWT, Mar 2012, Jiangsu Hantong Ship Heavy Industry) sold to undisclosed buyers for USD 15.50 mil, VV Value USD 14.04 mil – DD Due.
Tankers: Tanker values have remained stable across the Tanker sector
VLCC Cosgreat Lake (298,800 DWT, Dec 2002, Nantong COSCO KHI) sold to Unknown UAE for USD 39.00 mil, VV Value USD 42.63 mil – SS/DD Passed.
Small Chemical Tanker Mild Bloom (20,800 DWT, Dec 2006, Shin Kurushima) sold to undisclosed buyers for USD 16.00 mil, VV Value USD 17.20 mil – BWTS.
Containers: Container values have softened
Sub Panamax Cont Buxcontact (2,478 TEU, Dec 2002, Wadan Yards MTW) sold to Tehama Shipping for USD 9.75 mil, VV Value USD 17.01 mil – SS/DD Due.
Sub Panamax Cont G Ace (2,401 TEU, Apr 2007, Naikai Setoda) sold to unknown Chinese buyers for USD 13.90 mil, VV Value USD 19.02 mil.