Weekly Vessel Valuations Report, August 04 2026
Bulkers Values held broadly stable this week, with clean sales clustering close to VV Value across sizes, and the 15-year-old 60k DWT Supramax benchmark firming 1.9% as buyer appetite for midage Japanese-built Ultramax tonnage picked up notably. Capesize Attikos (178,900 DWT, 2012, HSG Sungdong) sold SS/DD Due by Capital Axis Maritime for USD 37 mil, ...
This week, vessel valuations remained largely stable, with clean sales clustering around the VV Value benchmark. The 15-year-old 60,000 DWT Supramax benchmark saw a modest 1.9% increase in value due to growing interest from buyers for mid-age Japanese-built Ultramax tonnage.
Capesize vessel Attikos, weighing 178,900 DWT and constructed in 2012, was sold to Capital Axis Maritime for USD 37 million, slightly below its VV Value of USD 38.0 million. Similarly, Kamsarmax Mont Fort, a 82,300 DWT vessel from 2012, sold for USD 22 million to Greek buyers, just under its VV Value of USD 22.1 million.
Ultramax vessel CMB Jordaens, measuring 63,400 DWT and built in 2019, fetched USD 35.2 million from Bangladeshi buyers, slightly below its VV Value of USD 35.7 million. Supramax vessel Capt Eugene, at 55,500 DWT and constructed in 2010, was sold for USD 16.6 million by United Shipping Lines, slightly below its VV Value of USD 16.7 million.
Handy African Harrier, a 37,800 DWT vessel built in 2014, sold for USD 20.1 million by MUR Shipping, just under its VV Value of USD 20.2 million. ADNOC L&S's acquisition of secondhand VLCCs is part of its broader fleet-building strategy during wartime, paying a premium for owned crude-carrying capacity amid disruptions in the Strait of Hormuz and Red Sea, which have limited tanker supply.
VLCC Seapassion, Delta Angelica, Delta Glory, and Delta Apollonia and Delta Amazon, all built in 2012-2017 by Hyundai Heavy Industries, were sold en bloc to ADNOC Logistics and Services for USD 597 million, significantly below their combined VV Value of USD 522.3 million.
Meanwhile, Panamax container vessel Montpellier, with a capacity of 2,824 TEU and constructed in 2006, was sold for USD 27.2 million, slightly below its VV Value of USD 25.9 million. Similarly, the Panamax container vessels Spirit of Melbourne, Spirit of Sydney, Spirit of Singapore, and Spirit of Auckland, each with a capacity of 3,750 TEU and built in 2007, were sold en bloc for USD 40 million each, notably below their VV Value of USD 30.2 million each.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.