Weekly Vessel Valuations Report, July 18 2017
Tanker: Tanker Values have remained stable this week.
The Phoenix Advance (114,000 DWT, Jun 2011, HHI) was sold to Pantheon Tankers Management for USD 28 mil vs VV USD 27.91 mil.
The Seaborne (106,600 DWT, Feb 2003, Tadotsu Tsuneishi) was sold by Valles Steamship on subs for USD 10.9 mil vs VV USD 11.06
Bulker: Panamax values have softened this week.
The Sanvi (74,000 DWT, Mar 2000, Tadotsu Tsuneishi) was sold by Global United Shipping to Ilios Shipping for USD 4.8 mil vs VV 6.03. Vessel was in extremely poor condition.
The Ocean Virgo (52,400 DWT, Dec 2005, Tadotsu Tsuneishi) was sold by United Ocean Group for USD 8 mil vs VV value USD 8.9.
Container: Container Values have remained stable this week across all types and ages.
The Contship Cup (704 TEU, Yangfan Zhoushan) sold for USD 3.8 mil SS due Vs VV value USD 3.11.