Weekly Vessel Valuations Report, October 11 2022

Bulkers: Bulker values have remained stable.

Capesize Agia Trias (185,800 DWT, Jul 2002, Kawasaki) sold to Beks Shipmanagement and Trading SA for USD 15.50 mil, VV Value USD 13.35 mil – SS Due.

Capesize Shinyo Guardian (177,200 DWT, Jan 2005, Namura) sold to Beks Shipmanagement and Trading SA for USD 17.25 mil, VV Value USD 15.96 mil – BWTS fitted.

Panamax Golden Harvest (76,600 DWT, Jul 2001, Imabari) sold to unknown Chinese buyers for USD 10.50 mil, VV Value USD 10.56 mil – BWTS fitted.

Supramax Navios Ulysses (55,700 DWT, Jan 2007, Oshima) sold to unknown Chinese buyers for USD 14.50 mil, VV Value USD 15.70 mil.

Supramax Cas Avanca (55,600 DWT, Oct 2009, Hyundai Vietnam Shipbuilding) sold to undisclosed buyers for USD 14.30 mil, VV Value USD 16.21 mil – BWTS fitted.

Handy BC Lodestar Pacific (33,400 DWT, Mar 2015, Shin Kochi) sold to Evalend Shipping for USD 19.00 mil, VV Value USD 18.65 mil – BWTS fitted.

Handy BC Promise 2 (32,400 DWT, Sep 2010, Samho Tongyoung) sold to Middle Eastern buyers for USD 13.80 mil, VV Value USD 13.45 mil – BWTS fitted

Handy BC Grikos (30,400 DWT, Jun 2006, Shikoku Dockyard) sold to undisclosed buyers for USD 12.50 mil, VV Value USD 11.51 mil.

Tankers: Tanker values have firmed.

VLCC Princess Mary (306,200 DWT, Jun 2004, Mitsubishi HI) sold to undisclosed buyers for USD 49.00 mil, VV Value USD 38.95 mil – DD Passed.

Suezmax Nordic Cosmos (160,000 DWT, Jan 2003, Samsung) sold to undisclosed buyers for USD 21.00 mil, VV Value USD 22.56 mil – SS Due

LR2s Alburaq and Sea Legend (112,500 DWT, Oct & Dec 2008 Hyundai Heavy Ind) sold to undisclosed buyers in an en bloc deal for USD 70.00 mil, VV en bloc value USD 72.51 mil – En Bloc.

MR2 (Chem / Product) Baltic Advance (37,300 DWT, Feb 2006, Hyundai Mipo) sold to undisclosed buyers for USD 16.50 mil, VV Value USD 15.46 mil.

MR1 (Chem / Product) Synergy (34,700 DWT, Jan 2020, Fujian Mawei Shipbuilding) sold to unknown Chinese buyers for USD 31.00 mil, VV Value USD 28.11 mil – DD Due.

Containers: Container values have softened due to earnings.

Panamax Cont Genova (4,253 TEU, Apr 2007, Dalian Shipbuilding Industry Corp) sold to MSC for USD 45.00 mil, VV Value USD 48.78 mil – SS Passed.