Weekly Vessel Valuations Report, May 21 2024

Bulkers: S&P Values see small gains for newer Panamax and Supramax vessels

Newcastlemax Fomento One (206,800 DWT, Oct 2016, Daehan) sold to unknown Greek for USD 55.9 mil VV Value USD 55.0 mil

Supramax BC Super Bergkamp (55,700 DWT, Jun 2009, Mitsui Ichihara) sold to unknown Greek buyers for USD 15.5 mil VV Value USD 15.95 mil

Handy BC Belmeken & Persenk (30,400 DWT, 2010, Chengxi Shipyard) sold en bloc to undisclosed buyers for 21.2 VV Value USD 21.8

Tankers: Tanker values remaining mostly stable last week with some movement for MRs and older tonnage Small Tankers due to recent sales

MR2 Pacific Diamond (47,900 DWT, Oct 2010, Iwagi Zosen) sold to undisclosed buyers for USD 26.7 mil, VV Value USD 25.77 mil

MR2 (Chem/Prod) Gulf Esprit (46,900 DWT, Nov 2006, Hyundai Mipo) sold to undisclosed buyers for USD 22 mil, VV Value USD 21.95 mil

J19 Stainless Steel G Bright (19,900 DWT, Jun 2004, Kitanihon Zosen) sold to unknown Indonesian buyers for USD 15 mil, VV Value USD 14.39 mil

Containers: Container values firmed across the board from improved earnings

Feedermax Acacia Libra (1,022 TEU, Sep 2007, Jiangsu Eastern) sold to Meratus Line (BWTS) USD 5.5 mil, VV Value 6.6 mil