Weekly Vessel Valuations Report, July 04 2017
Tanker: Tanker values have remained stable this week.
The VLCC Taizan (300,000 DWT, NKK, Sept 2002) sold requiring immediate DD and permanent repair to ballast tanks for USD 15.0 mil to Dynacom Tankers.
The MR2 Nord Independence (48,000 DWT, Iwagi Zosen, Mar 2010) sold for USD 18.0 mil.
Bulker: Most values remained stable this week, however Supramax values saw a small softening.
The Ocean Symphony (58,100 DWT, Tsuneishi Cebu, Sept 2012) sold SS due for USD 15.2 mil vs VV USD 16.3 mil.
The Supramax Privmed (57,000 DWT, COSCO Zhoushan, May 2010) sold in a distressed sale for USD 9.8 mil vs VV USD 12.5 mil.
Container: There has been considerable interest in Post Panamax vessels over the past few months, especially for larger tonnage, driving up values. Smaller vessels values have remained stable.
Tufton Oceanic acquired the MSC Roma & Lisbon (9,784 TEU, Samsung, Dec 2006 / Mar 2007) in an en bloc deal worth USD 40 mil.
Scrap: Scrap rates have firmed this week.