Hellenic Shipping News Worldwide

Weekly Vessel Valuations Report, January 19 2021

Tanker:  Tanker values have remained stable.

Aframax Stavanger Falcon (105,400 DWT, Feb 2009, Sumitomo) sold to Coral Shipping for USD 18.00 mil, VV value USD 16.81 mil.

Small Clean Tanker Guang Hui 328 (4,300 DWT, Jan 2016, Rizhao Kingda Shipbuilding Heavy Industries) sold to Chinese buyers for USD 5.85 mil, VV value USD 5.03 mil – At Auction.

Bulker:  Capesize values have firmed.

Capesize Ocean Compass (180,200 DWT, Mar 2006, Imabari) sold to Pavimar SA for USD 17.50 mil, VV value USD 12.59 mil – SS Passed and BWTS fitted.

Capesize Tiger Jiangsu (180,100 DWT, Oct 2010, Qingdao Beihai Shipbuilding Heavy Industry Co Ltd) sold for USD 15.35 mil, VV value USD 15.63 mil – At Auction.

Capesize Cape Providence (169,200 DWT, Apr 2010, Daehan) sold for USD 18.10 mil, VV value USD 17.09 mil – At Auction.

Panamax CMB Sakura (75,800 DWT, Sep 2006, Sanoyas) sold to Chinese buyers for USD 7.80 mil, VV value USD 9.03 mil – DD Due.

Ultramax SBI Libra (64,000 DWT, Jan 2017, Chengxi Shipyard) sold for USD 18.65 mil, VV value USD 17.93 mil.

Handymax Seacon Ningbo (45,700 DWT, Feb 1998, Tadotsu Tsuneishi) sold to Chinese buyers for USD 3.40 mil, VV value USD 3.12 mil.

Handy Bulker Furness Portland (37,000 DWT, Jan 2014, Onomichi Dockyard) sold to Greek buyers for USD 13.25 mil, VV value USD 12.36 mil.

Container:  Handy and Feedermax values have firmed.

Panamax Ortolan Gamma (3,398 TEU, May 2007, Hanjin Heavy Industries) sold to Maersk Line for USD 10.00 mil, VV value USD 11.61 mil.

Panamax Noro (3,398 TEU, Apr 2007, Hanjin Heavy Industries) sold to Norwegian buyers for USD 11.30 mil, VV value USD 11.44 mil – Including charter.

Panamax Tim S (3,398 TEU, Oct 2005, Hanjin Heavy Industries) sold for USD 10.10 mil, VV value USD 9.68 mil – SS Passed.

Handy Container Max Kudo (1,702 TEU, Jul 2008, Wadan Yards MTW) sold to Far Eastern buyers for USD 7.50 mil, VV value USD 6.94 mil.

Handy Container Max King (1,702 TEU, Jun 2008, Wadan Yards MTW) sold to Far Eastern buyers for USD 7.50 mil, VV value USD 6.85 mil.