Weekly Vessel Valuations Report, June 01 2021

Tanker:  Tanker values have remained stable.

MR2 Salaminia (47,400 DWT, Apr 2007, Onomichi Dockyard) sold for USD 9.60 mil, VV value USD 10.90 mil.

Bulker:  Older Supramax values have firmed.

Panamax Soroco (78,900 DWT, Mar 2008, Sanoyas) sold for USD 15.50 mil, VV value USD 15.89 mil.

Supramax Orange Island (50,800 DWT, Feb 2010, Oshima) sold to Chinese buyers for USD 13.50 mil, VV value USD 14.17 mil.

Handy Bulker Sider Syros (36,800 DWT, Nov 2016, Minami Nippon) sold to Xiamen Shipbuilding Ind for USD 20.50 mil, VV value USD 20.79 mil.

Handy Bulker New General (35,000 DWT, Sep 2011, Shikoku Dockyard) sold for USD 13.60 mil, VV value USD 13.57 mil.

Handy Bulker Cherry Island (28,200 DWT, Feb 2014, I-S) sold for USD 11.00 mil, VV value USD 12.39 mil – SS/DD Due.

Container:  Container values continue to firm.

Panamax Songa Haydn (3,534 TEU, Mar 2010, Shanghai Shipyard) and Sub Panamax City of Hong Kong (2,564 TEU, Jun 2009, Xiamen Shipbuilding Ind) sold in an en bloc deal for USD 58.00 mil, VV en bloc value USD 54.74 mil.