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Weekly Vessel Valuations Report, June 13 2017

Tanker: Tanker values have remained stable this week.
The VLCC DS Commander (311,200 DWT, Jul 1999, Hyundai HI) sold for USD 16.5 mil vs VV USD 16.25 mil.
Two Suezmaxes Hulls 852 and 853 (160,000 DWT, Jun/Jul 2017, Hyundai Samho HI) were resold en bloc for USD 115 mil to Delta Tankers.
The LR2 Ruby Express (106,500 DWT, Sept 2004, Tadotsu Tsuneishi) sold for USD 12.3 mil vs VV USD 12.35 mil.

Bulker: Bulker values have generally softened slightly.
The Post Panamax BC Ten Jo Maru (98,700 DWT, Dec 2011, Tsuneishi Zhoushan) sold to U Ming Marine Transport for USD 19 mil.
The Supramax BW Indigo (56,100 DWT, Apr 2011, Mitsui Ichihara) sold for USD 15.1 mil vs VV USD 16.15 mil softening values.

Container: Container values have remained stable this week.
The Sub Panamax Arosia (2,711 TEU, Mar 2006, Stocznia Gdansk) sold to Log In Logistica for USD 10.2 mil.
The Sub Panamax Cape Melville (2,741, Jun 2005, Aker Ostsee) sold to MPC Container Ships for USD 7.85 mil.

Scrap: Scrap rates have softened this week.

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