Weekly Vessel Valuations Report, September 14 2021

Tanker:  Tanker values have remained stable.

Aframax Sunny Atlantica (114,900 DWT, Nov 2006, Samsung) sold to Turkish buyers for USD 15.50 mil, VV value USD 16.09 mil – SS Due.

MR2 Hellas Explorer (51,300 DWT, Jan 2008, STX Offshore) sold to Astra Shipmanagement for USD 12.80 mil, VV value USD 12.64 mil.

MR2 Amelia Pacific (45,800 DWT, Jun 2006, Shin Kurushima Onishi) sold for USD 8.20 mil, VV value USD 9.41 mil – SS Due.

Small Clean Tanker Lutsen (12,900 DWT, Jan 2006, Samho Tongyoung) sold for USD 6.25 mil, VV value USD 5.16 mil – SS Passed.

Bulker:  Bulker values have firmed.

Capesize DS Charme (176,000 DWT, Jun 2011, Jiangsu Rongsheng) sold to Moundreas Shipping for USD 28.00 mil, VV value USD 28.14 mil – Including Charter.

Panamax Vijayanagar (82,200 DWT, Feb 2010, Tsuneishi Zosen) sold to Greek buyers for USD 24.00 mil, VV value USD 22.11 mil – BWTS fitted.

Panamax Navios Altair I (74,500 DWT, Sep 2006, Hudong Zhonghua) sold to Chinese buyers for USD 14.00 mil, VV value USD 14.25 mil – SS/DD Due.

Supramax New Pride (58,800 DWT, Apr 2009, Tsuneishi Cebu) sold to Turkish buyers for USD 18.90 mil, VV value USD 18.61 mil – BWTS fitted.

Supramax Atalanti SB (56,000 DWT, Feb 2006, Mitsui Ichihara) sold to Bangladeshi buyers for USD 16.00 DWT, VV value USD 15.55 mil – SS/DD Passed.

Supramax Bao Ella (53,500 DWT, May 2006, Imabari) sold for USD 15.00 mil, VV value USD 15.04 mil – SS/DD Passed, BWTS fitted.

Handymax Pacific Pamela (49,100 DWT, Jan 1997, Oshima) sold to Chinese buyers for USD 8.00 mil, VV value USD 7.99 mil.

Handy Bulker Niki C (30,000 DWT, Mar 2011, New Century) sold to Chinese buyers for USD 12.00 mil, VV value USD 11.06 mil.

Container:  Post Panamax values have firmed.

Post Panamax ER Sweden (5,990 TEU, Sep 2002, Samsung) sold to Mount Street Capital for USD 43.00 mil, VV Value USD 49.33 mil – Inc below market charter.

Handy Container Piraeus Trader (1,732 TEU, Sep 2006, Guangzhou Wenchong) sold to Euroseas Shipping for USD 25.50 mil, VV value USD 26.06 mil – SS Due.

Feedermax Boston Trader (1,083 TEU, Aug 2004, Damen Okean) sold for USD 17.00 mil, VV value USD 14.81 mil.