Weekly Vessel Valuations Report, May 31 2022

Bulkers: Older Supramax values have firmed.

Capesize Mount Nevis (177,000 DWT, Sep 2005, Namura) sold to unknown Greek buyers for USD 20.50 mil, VV Value USD 20.01 mil – DD Due.

Capesize Stella Flora (176,300 DWT, Oct 2012, Shanghai Waigaoqiao Shipbuilding) sold to Safe Bulkers for USD 31.75 mil, VV Value USD 33.91 mil – SS Due.

Panamax Majulah Harbourfront (81,900 DWT, Nov 2014, Tsuneishi Zhoushan) sold to unknown Greek buyers for USD 31.65 mil, VV Value USD 29.63 mil – DD Due.

Panamax Rosco Banyan (75,000 DWT, Oct 2010, Sasebo) sold to unknown Greek buyers for USD 24.00 mil, VV Value USD 23.11 mil.

Ultramax Pavo Bright (61,300 DWT, Jan 2017, Shin Kurushima Toyohashi) sold to undisclosed buyers for USD 33.50 mil, VV Value USD 33.98 mil – SS Passed.

Supramax Xin Xiang Hai (56,100 DWT, Jul 2012, Mitsui Ichihara) sold to undisclosed buyers for USD 23.25 mil, VV Value USD 23.87 mil – SS Due.

Handy BC Moleson (34,300 DWT, Oct 2010, Shinhan) sold to Middle Eastern buyers for USD 17.50 mil, VV Value USD 17.40 mil.

Handy BC Cape Moreton (32,700 DWT, Feb 2010, Jiangmen Nanyang) sold to unknown Chinese buyers for USD 15.20 mil, VV Value USD 15.36 mil.

Tankers: Older Aframax values have softened.

Suezmax 17 February (160,400 DWT, May 2008, Samsung) sold to Imperial Petroleum for USD 24.80 mil, VV Value USD 27.07 mil – En Bloc.

Suezmax Libya (159,200 DWT, Mar 2007, Hyundai Samho Heavy Ind) sold to Imperial Petroleum for USD 22.00 mil, VV Value USD 24.04 mil – SS Due.

Containers: Container Values have softened.

Sub Panamax Cont Maersk Niagara, Nijmegen and Niamey (2,592 TEU, Nov 2008, May 2009 & March 2009, Hyundai Heavy Ind) sold en bloc to MSC for USD 150 mil, VV Value USD 161.68 mil.