Weekly Vessel Valuations Report, September 8 2026

The Weekly Vessel Valuations Report for September 8, 2026 indicates a busy week in bulker S&P activity. Capesize, Supramax, and Handysize transactions were in steady flow, with generally resilient sentiment. Values remained broadly stable, except for mid-age Handysize Bulk Carriers (BCs), which saw a dip due to the China Spirit's soft pricing.

Key sales included the Capesize Navios Pollux, a 180,700 DWT vessel built in 2009 by STX Offshore, which sold to Chinese buyers for $30.75 million. The Supramax Harvest, a 58,800 DWT vessel built in 2008 by Tsuneishi Zhoushan, fetched $13.8 million and $14.2 million in deferred value from Chinese buyers.

The Supramax Kanchana Naree, a 56,900 DWT vessel built in 2011 by Taizhou Sanfu, sold for $14.6 million, with the same deferred value. The Handysize China Spirit, a 35,300 DWT vessel built in 2013 by Dongzhe, was sold by BoComm Leasing for $13 million, with a deferred value of $13.5 million.

Tanker values also firmed across the board this week, driven by owner appetite for modern tonnage amidst ongoing Strait of Hormuz disruption. The Pinios, a VLCC built in 2026 by Hengli Shipbuilding, sold by Dynacom Tankers for $200 million, with a deferred value of $179.4 million. The Suezmax Hull 5122, built in 2028 by Daehan, sold to Delta Tankers for $107 million, with a deferred value of $106.04 million.

Older vessel values are set to come up in the coming week following recent sales. The Container Ship Bhudthi Bhum, a Post-Panamax vessel built in 2007 by Koyo Dock, sold for $50 million, with a deferred value of $48.7 million. The Feedermax Wes Sina, a smaller vessel built in 2007 by Dae Sun, sold for $12.5 million, with a deferred value of $13.8 million.