Weekly Vessel Valuations Report, May 04 2021

Tanker: VLCC values have softened slightly.

VLCC Nave Neutrino (298,300 DWT, Jun 2003, Universal) sold to Chinese buyers for USD 25.00 mil, VV value USD 25.39 mil – DD Due.

VLCC New Creation (297,300 DWT, Apr 2009, Dalian Shipbuilding Industry Corp) sold to Thenamaris for USD 37.50 mil, VV value USD 36.89 mil.

MR2 Seto Express (48,000 DWT, Jan 2007, Iwagi Zosen) sold for USD 10.20 mil, VV value USD 10.77 mil.

MR2 Marinoula (45,000 DWT, Feb 2000, Brodosplit) sold to Middle Eastern buyers for USD 5.50 mil, VV value USD 5.17 mil.

Bulker: Bulker values have firmed.

Panamax Emerald Star (82,000 DWT, Jul 2014, Tsuneishi Cebu) sold to Greek buyers for USD 25.10 mil, VV value USD 23.64 mil – BWTS and Scrubber fitted.

Panamax Nord Sirius (78,000 DWT, Nov 2012, Shin Kurushima Toyohashi) sold to Greek buyers for USD 19.80 mil, VV value USD 21.27 mil.

Panamax Four Coal (76,800 DWT, Jul 2014, SPP) sold to Greek buyers for USD 21.00 mil, VV value USD 23.85 mil – Including charter, BWTS fitted.

Panamax Brahms (75,000 DWT, Jun 2011, Penglai Zhongbai Jinglu) sold to Castor Maritime for USD 14.50 mil, VV value USD 15.43 mil – SS/DD Due.

Ultramax Neo Beachwood (61,400 DWT, Jul 2011, Iwagi Zosen) sold for USD 16.70 mil, VV value USD 18.49 mil – Waived inspection, SS/DD Due.

Supramax Lowlands Patrasche (58,100 DWT, Apr 2013, Tsuneishi Cebu) sold for USD 18.00 mil, VV value USD 17.67 mil – BWTS fitted.

Supramax Makiki (52,500 DWT, Jun 2006, Tsuneishi Cebu) sold to Jinhui Shipping and Transportation for USD 9.30 mil, VV value USD 9.93 mil – SS/DD Due, BWTS due.

Supramax Shail Al Doha (52,500 DWT, Mar 2002, Tsuneishi Cebu) sold to Chinese buyers for USD 7.80 mil, VV value USD 7.27 mil.

Container: Container values have firmed.

Post Panamaxes Skyros and Symi I (8,666 TEU, Jun & Jul 2014, Hyundai Samho Heavy Industries) sold to MSC in an en bloc deal for USD 202.00 mil, VV en bloc value USD 187.01 mil.