Weekly Vessel Valuations Report, September 15 2026
Bulkers Handysize bulker values firmed at the older end of the curve this week, while Capesize, Panamax, Supramax and the younger Handysize bands remained in a stable range. Capesize Erato (180,100 DWT, Feb 2010) sold to an undisclosed South Korean buyer for USD 36.75 mil, VV Value USD 35.71 mil. Panamax KM MT Jade (81,200 ...
Weekly Vessel Valuations Report for September 15, 2026 reveals fluctuating values across various vessel categories. Handysize bulker values stabilized at the upper end of the market curve. Capesize, Panamax, and Supramax vessels maintained a steady range. Newer Handysize vessels saw declines. Several Capesize vessels were sold, with the Erato (180,100 DWT, Feb 2010) fetching USD 36.75 million to a South Korean buyer.
Panamax vessel KMT Jade (81,200 DWT, Oct 2008) sold for USD 16.0 million to a Chinese buyer. Ultramax IVS Dunes (62,700 DWT, Sep 2020) was purchased for USD 36.8 million, including transport costs. Handysize Wooyang Cles (39,200 DWT, Jul 2014) was sold for USD 18.8 million. Tanker values experienced a sharp increase this week due to the ongoing Strait of Hormuz disruption and increased Middle Eastern buying activity.
Ashoka VLCC (302,600 DWT, Mar 2010) was sold for USD 130.0 million to a Middle Eastern buyer. VLCC Norns, Nissos Heraclea, and Xi Xiu (all 310,000-313,500 DWT) were sold to Onex DMCC for USD 112.0 million. Suezmax vessels Evridiki, Orpheas, Seaways Sabine, and Aframax Green Adventure were also sold at various prices ranging from USD 60.0 million to USD 78.0 million.
Sub Panamax values, including the Erasmus Ninja, slightly increased following the Erasmus Ninja sale.
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.
