Weekly Vessel Valuations Report, January 22 2019

Weekly Vessel Valuations Report, January 22 2019

in Weekly Vessel Valuations Report 22/01/2019

Tanker: Tanker Values remain stable.

Suezmax Milos (157,500 DWT, Nov 2016, Sungdong) sold to Ocean Yield ASA for USD 56.0 mil, VV value USD 57.69 mil – BBB 13 years.

Handy Tanker FSL Hamburg (47,500 DWT, Dec 2005, Hyundai Mipo) sold for USD 11.6 mil, VV value USD 11.96 mil.

Handy Tanker Global Glory (38,800 DWT, Jan 2019, Nantong Xiangyu) sold to China Huarong Financial for USD 57.0 mil, VV value USD 56.78 mil – BBB.

Bulker: Slight softening of mid age Panamax values.

Ultramax Bulker Loch Nevis (61,000 DWT, Jul 2016, Shin Kurushima Toyohasi) sold to Neptune Dry Management for USD 24.50 mil, VV value USD 25.01 mil.

Handy Bulkers (Open Hatch) Nanning and Ninghai (38,900-38,800 DWT, Mar & Apr 2017, Huanghai Shipbuilding) sold in an en bloc deal to China Development Bank for USD 38.0 mil, VV en bloc value USD 34.17 mil – TCB.

Container: Modern handy container values have softened.

Handy Containers Tammo and Arian (1,338 TEU, Mar & May 2011, Jiangsu Yangzijiang) sold in an en bloc deal to Contships for USD 17.0 mil, VV en bloc value USD 19.99 mil.