Weekly Vessel Valuations Report, October 25 2022

Bulkers: Bulker values have remained stable.

Capesize Arethousa (170,600 DWT, Jun 2001, Sasebo) sold to unknown Greek buyers for USD 15.10 mil, VV Value USD 14.40 mil – BWTS fitted

Post Panamax BCs Jin Lang and Jin Mei (93,300 DWT, Jul 2010 & Mar 2010, Jiangsu New Yangzijiang) sold to Evalend Shipping for USD 34.5 mil, VV Value USD 33.72 mil – En Bloc.

Panamax Arouzu (82,300 DWT, Mar 2012, Tsuneishi Zosen) sold to Unknown European for USD 25.00 mil, VV Value USD 23.67 mil – BWTS and Scrubber fitted.

Panamax Nord Gemini (81,900 DWT, Feb 2017, Tsuneishi Cebu) sold to Neda Maritime for USD 30.50 mil, VV Value USD 28.63 mil – BWTS fitted

Panamax Cabrillo (75,000 DWT, Nov 2010, Penglai Zhongbai Jinglu) sold to undisclosed buyers for USD 15.75 mil, VV Value USD 16.21 mil – BWTS fitted

Supramax Medi Bangkok (53,500 DWT, Sep 2006, Imabari) sold to unknown Chinese buyers for USD 14.50 mil, VV Value USD 14.63 mil – BWTS fitted

Handy BC Yangtze Eternal (32,600 DWT, Jul 2011, Jiangmen Nanyang) sold to undisclosed buyers for USD 13.50 mil, VV Value USD 13.44 mil.

Handy BC Tai Fu (22,000 DWT, Oct 1994, Saiki) sold to undisclosed buyers for USD 4.50 mil, VV Value USD 4.41 mil – SS Passed.

Tankers:  Tanker values have remained stable.

VLCC Europe (441,600 DWT, Nov 2002, Daewoo) sold to undisclosed buyers for USD 42.00 mil, VV Value USD 43.55 mil – SS Due.

Aframax P Fos (115,600 DWT, Mar 2007, Sasebo) sold to undisclosed buyers for USD 34.00 mil, VV Value USD 32.37 mil.

Aframax Solviken (113,500 DWT, Jan 2007, Samsung) sold to undisclosed buyers for USD 32.50 mil, VV Value USD 32.14 mil – Inc Charter.

Aframax Hao Yu (105,500 DWT, Jun 2005, Sumitomo) sold to Middle Eastern buyers for USD 27.00 mil, VV Value USD 28.54 mil – DD Due.

Container:  Container values have softened for larger tonnage vessels.