Weekly Vessel Valuations Report, January 24 2023

Bulkers: Bulker values have softened for larger tonnage vessels

Post Panamax BC Dyna Globe (99,300 DWT, Sep 2006, Imabari) sold to unknown Indonesian buyers for USD 15.50 mil, VV Value USD 15.69 mil – BWTS.

Handy BC Mireille Selmer (33,700 DWT, May 2010, Samjin Shipbuilding Industries) sold to undisclosed buyers for USD 10.70 mil, VV Value USD 11.46 mil – Fwd Dely.

Tankers: Tanker values have remained stable, Ice class fitted vessels are achieving high premiums on the S&P market

LR2 Seamagic (116,900 DWT, Mar 2007, Hyundai Heavy Ind) sold to undisclosed buyers for USD 47.00 mil, VV Value USD 41.56 mil – BWTS fitted, Ice Class 1A

LR2 Leo (112,800 DWT, Aug 2010, New Times Shipbuilding) sold to Middle Eastern buyers for USD 42.00 mil, VV Value USD 43.65 mil.

Torm acquired 4x LR1s ranging from 73,800 DWT to 75,000 DWT, built between Oct 2012 and Sep 2013 at STX Offshore and New Times Shipbuilding, in an en bloc deal worth USD 140 mil, VV Value USD 139.75 mil – SS/DD Passed, BWTS fitted.

LR1 Petali Lady (71,800 DWT, Mar 2004, STX Offshore) sold to Middle Eastern buyers for USD 18.75 mil, VV Value USD 17.33 mil.

MR2 Challenge Passage (48,700 DWT, Apr 2005, Iwagi Zosen) sold to undisclosed buyers for USD 17.50 mil, VV Value USD 16.63 mil – BWTS fitted.

MR1 (Chem / Product) Olympic Vision (34,700 DWT, Sep 2006, Dalian Shipbuilding Industry Corp) sold to unknown Turkish buyers for USD 15.60 mil, VV Value USD 15.62 mil – BWTS fitted.

Containers: Container values have softened

No reported sales this week.