Weekly Vessel Valuations Report, June 23 2020

Tanker: Tanker values have remained stable.

VLCC Kalamos (281,000 DWT, Jul 2000, IHI) sold for USD 25.00 mil, VV value USD 24.01 mil.

MR2 Valle di Castiglia (42,700 DWT, Jun 2001, Hyundai Mipo) sold for USD 7.30 mil, VV value USD 7.04 mil.

Small Clean Tankers Adfines Sky and Adfines Sun (19,100 DWT, Nov 2011, Yangfan Zhoushan) sold in an en bloc deal for USD 20.00 mil, VV value USD 21.93 mil.

Small Clean Tanker Sichem Singapore (13,100 DWT, Mar 2006, 21st Century) sold for USD 5.50 mil, VV value USD 4.89 mil.

Bulker: Bulker values have remained stable.

Post Panamax (Coal Carrier) JP Magenta (88,200 DWT, Jul 2005, Imabari) sold to Minoa Marine for USD 8.20 mil, VV value USD 7.73 mil – SS Passed.

Panamaxes BW Barley (83,400 DWT, Jun 2010, Sanoyas), BW Acorn (82,600 DWT, Jan 2010, Oshima) and BW Einkorn (81,500 DWT, Jun 2010, Universal) sold in an en bloc deal for USD 41.10 mil, VV value USD 40.68 mil – On Subs.

Panamax Panamax Energy (74,100 DWT, Mar 1998, Imabari) sold to Chinese buyers for USD 3.45 mil, VV value USD 3.99 mil – DD Due.

Supramax Bravo V (57,000 DWT, Apr 2010, Zhejiang Zhenghe Shipbuilding) sold to Middle Eastern buyers for USD 6.50 mil, VV value 6.41 mil – SS/DD Due.

Supramax Odiris (53,500 DWT, Nov 2005, Imabari) sold to Stalwart Management for USD 6.60 mil, VV value USD 6.87 mil – SS/DD Due.

Handy Bulker Lugano (20,000 DWT, Jan 2003, Sekwang HI) sold to Lebanese buyers for USD 2.40 mil, VV value 2.21 mil.

Container: Container values have remained stable.

Handy Container Fritz Reuter (1,732 TEU, Sep 2006, Guangzhou Wenchong) sold to Lomar Shipping for USD 4.00 mil, VV value USD 3.73 mil.