Weekly Vessel Valuations Report, March 07 2023

Bulkers: Handysize values have firmed, other BC types remained stable

Capesize Elizabeth II (180,200 DWT, Jan 2007, Imabari) sold to undisclosed buyers for USD 17.50 mil, VV Value USD 18.41 mil – DD Due.

Supramax Supra Oniki (57,000 DWT, Jul 2010, Qingshan Shipyard) sold to unknown Indonesian buyers for USD 13.00 mil, VV Value USD 12.71 mil – DD Due.

Supramax Maithili (55,700 DWT, Apr 2005, Oshima) sold to undisclosed buyers for USD 11.50 mil, VV Value USD 12.18 mil – DD Due.

Handy BC Lancaster Strait (37,000 DWT, Jan 2013, Hyundai Mipo) sold to unknown German buyers for USD 16.20 mil, VV Value USD 16.37 mil – Inc TC.

Handy BC Taibo (35,100 DWT, Dec 2011, Zhejiang Yueqing Changhong) sold to unknown German buyers for USD 10.50 mil, VV Value USD 10.42 mil – BWTS.

Handy BC IVS Sentosa (32,700 DWT, Jun 2010, Jiangmen Nanyang) sold to unknown Greek buyers for USD 11.00 mil, VV Value USD 11.16 mil – DD Due.

Tankers: Tanker values have remained stable, no confirmed transactions of larger tonnage

LR1 Tnkr Sand Shiner (73,700 DWT, Dec 2006, New Century) sold to unknown Greek buyers for USD 23.25 mil, VV Value USD 20.99 mil – Scrubber.

MR2 Seamuse (48,700 DWT, Mar 2007, Iwagi Zosen) sold to undisclosed buyers for USD 21.00 mil, VV Value USD 18.24 mil – BWTS.

Small Chemical Tanker Chem Polaris (19,900 DWT, Mar 2008, Fukuoka) sold to Tolani Shipping for USD 19.75 mil, VV Value USD 18.62 mil – SS/DD Due.

Small Clean Tanker (Chem/Prod) Tradewind Passion (7,700 DWT, Apr 2008, Ningbo Xinle) sold to undisclosed buyers for USD 5.60 mil, VV Value USD 7.04 mil – SS/DD Due.