Weekly Ship Assessment Report, November 18, 2025

Bulker: Bulker VV values ​​remained mostly stable this week, with older tonnage saw an increase due to sales such as Seacon Africa

Capesize (Newcastlemax) Seacon Africa (206,300 DWT, Jun 2006, Imabari) sold to Tianjin Global Offshore Engineering for USD 22.7 million, VV Value USD 21.67 million

Kamsarmax BC New Ascent (82,200 DWT, August 2012, Tadotsu Tsuneishi) sold to unknown Greek buyer for USD 19 million, VV Value USD 18.7 million

Supramax BC Eternity SW (58,500 DWT, Feb 2011, Tsuneishi Cebu) sold SS/DD to unknown Chinese buyer for USD 15 million, VV Value USD 15.04 million

Handy BC Yangtze Flourish (32,500 DWT, May 2012, Jiangmen Nanyang) sold to Unknown Chinese buyer for USD 9.9 million, VV Value USD 10.96 million

Tanker: VV Tanker values ​​remained mostly stable this week as the S&P and new construction markets remained active with two en bloc MR deals reported this week

4x MR2 (Chemical/Products) (50,000 DWT, 2014, Hyundai Mipo) sold in en bloc deal to Torm for USD 128 million, VV Value USD 125.01 million

4x MR2 (49,800 DWT, 2026-2027, Jingjiang Nanyang) sold to Scorpio Tankers for USD 180 million, VV Value USD 174.49 million

Receptacle: The value of legacy Panamax has risen slightly following a number of recent sales to MSC.

Panamax Atlantica Power (4,586 TEU, Apr 2010, Daewoo) sold to MSC for USD 45 million Inc TC, VV Value USD 41.9 million

Panamax Irenes Resolve (3,739 TEU, Sep 2001, Samsung) sold to MSC for USD 23 million Inc TC, VV Value USD 19.6 million

Panamax Rio Kobe (3,534 TEU, Dec 2009, Shanghai Shipyard) sold to MSC for USD 32.5 million Inc TC, VV Value USD 30.5 million