Weekly Vessel Valuations Report, August 18 2026
Bulkers Bulker S&P values were largely steady across segments this week, with only modest firming in older Panamax tonnage. Kamsarmax Aquavita Aim (82,200 DWT, 2019, Oshima) sold by Olive Shipmanagement for USD 38.2 mil, VV Value USD 37.9 mil. Kamsarmax Medi Positano (81,800 DWT, 2015, Tsuneishi Zosen) sold by D’Amico Dry Ltd for USD 31.6 ...
The Weekly Vessel Valuations Report for August 18, 2026, reveals mixed trends in the shipping market. Bulk carriers, or bulkers, experienced relatively stable prices this week, with minor increases in older Panamax vessels. Notable sales included Kamsarmax Aquavita Aim, a 82,200 DWT 2019 model from Oshima, which went for USD 38.2 million, and its sister ship Kamsarmax Medi Positano, a 2015 Panamax unit, fetching USD 31.6 million.
Larger Panamax ships, like Francesco Corrado, a 2008 vessel, sold for USD 15 million, while tankers saw a significant surge in prices, particularly for older Very Large Crude Carriers (VLCCs). ADNOC Logistics & Services' acquisition of six VLCCs has been a major factor in this increase, lifting the value of 20-year-old units by roughly 10%.
Specific sales included VLCC Celeste Nova, a 318,500 DWT 2013 ship built by Shanghai Waigaoqiao Shipbuilding, which sold for USD 120 million and had a VV Value of USD 112.1 million. A more recent VLCC sale, Grit, a 298,600 DWT 2003 vessel built by Daewoo, fetched USD 50 million with a VV Value of USD 51.65 million.
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.
