Weekly Vessel Valuations Report, March 14 2023

Bulkers: Bulker values have firmed

Panamax Xin Hong (82,200 DWT, Oct 2013, Dalian Shipbuilding Industry Corp) sold to Capital Ship Management for USD 20.50 mil, VV Value USD 21.68 mil – BWTS.

Panamax Magic Rainbow (73,600 DWT, Jan 2007, Jiangnan Shanghai Changxing HI) sold to undisclosed buyers for USD 12.60 mil, VV Value USD 12.34 mil – BWTS.

Supramax IVS Pinehurst (57,800 DWT, Jul 2015, Tsuneishi Cebu) sold to unknown Greek buyers for USD 23.25 mil, VV Value USD 22.02 mil – BWTS.

Supramax Ecopacific (57,400 DWT, Mar 2010, STX Dalian) sold to undisclosed buyers for USD 14.80 mil, VV Value USD 14.65 mil – BWTS.

Supramax Glovis Magellan (56,600 DWT, May 2013, Tianjin Xingang) sold to unknown Greek buyers for USD 15.20 mil, VV Value USD 13.63 mil – BWTS.

Handy BC (Open Hatch) Cielo Di Angra (39,200 DWT, Oct 2015, Yangfan Zhoushan) sold to MACS Maritime for USD 20.00 mil, VV Value USD 19.28 mil – BWTS.

Handy BC Galleon (28,300 DWT, Jun 2014, Imabari) sold to unknown Greek buyers for USD 14.00 mil, VV Value USD 13.47 mil – BWTS.

Tankers: Suezmax values have firmed

VLCC Kassos 1 (318,700 DWT, Jul 2007, Hyundai Samho Heavy Ind) sold to Middle Eastern buyers for USD 60.00 mil, VV Value USD 57.96 mil – Scrubber.

VLCC Yufusan (311,400 DWT, Nov 2005, Mitsui Ichihara) sold to Far Eastern buyers for USD 52.00 mil, VV Value USD 51.36 mil.

Suezmax Lila Hong Kong (159,100 DWT, Nov 2003, Bohai Shipbuilding Heavy Industry Co) sold to unknown Chinese buyers for USD 31.00 mil, VV Value USD 28.80 mil – BWTS.

MR2 Navigare Pars (51,000 DWT, Feb 2012, STX Offshore) sold to undisclosed buyers for USD 32.00 mil, VV Value USD 29.07 mil.

MR2 Pyxis Malou (50,700 DWT, Feb 2009, SPP) sold to Unknown UK for USD 24.80 mil, VV Value USD 24.07 mil – BWTS.

MR2 Atlantica Bay (46,800 DWT, Nov 2007, Sungdong) sold to undisclosed buyers for USD 22.00 mil, VV Value USD 20.80 mil – SS/DD Passed.

MR1 (Chem / Product) Inviken and Utviken (37,900 DWT, Apr 2009, Hyundai Mipo) sold to undisclosed buyers in an en bloc deal for USD 40.00 mil, VV Value USD 41.35 mil.

Containers: Post Panamax values have softened

Post Panamax TS Dubai and TS Mumbai (6,350 TEU, 5,551 TEU Nov 2007, April 2003, Koyo Dock, Hyundai HI) sold to MSC in an en bloc deal for USD 55 mil, VV Value USD 65.36 mil – SS/DD Due.