Weekly Vessel Valuations Report, November 10 2026

The Weekly Vessel Valuations Report for November 10, 2026, reveals a mixed market for various vessel types. Bulker values showed a slight downward trend for larger vessels, while Capesize, Panamax, Supramax, and Tanker values exhibited varying levels of stability and fluctuations.

Notably, the William Oldendorff, a Capesize bulker of 179,100 DWT built in 2017 by Jinhai Intelligent Manufacturing, sold to Bright Navigation for USD 49.0 million. Similarly, the Ladycharm, a Capesize bulker of 169,700 DWT built in 2008 by Daehan, was sold to Transmed Shipping for USD 27.0 million.

In the Panamax category, the Carl Oldendorff, a 93,000 DWT vessel constructed in 2011 by Taizhou Catic, was sold for USD 16.5 million due to dividends. The Amoy Sunny, a Panamax vessel of 76,600 DWT built in 2006 by Imabari, fetched USD 13.0 million in the market.

When examining the Supramax category, the HV Alice, a 52,400 DWT vessel constructed in 2003 by Tsuneishi Cebu, was sold for USD 8.96 million. The Tanker market held a relatively stable position, with Suezmax values experiencing a slight decrease across all age bands due to softer earnings and longer Atlantic tonnage. However, MR2 tanker values showed a firming trend, with product tanker earnings proving more resilient than those of crude tankers.

Fleves, a Suezmax tanker built in 2012 by Hyundai Heavy Ind Ulsan Shipyard, was sold for USD 110.0 million to BGN, while LR2 Haima, a tanker built in 2009 by Mitsui Tamano, was sold for USD 65.0 million. MR2 Mayfair, a tanker of 50,000 DWT built in 2008 by Hyundai Mipo, was sold for USD 27.0 million. Lastly, Handy and Sub Panamax vessels experienced a slight increase in value, reflecting the ongoing firming of mid-age vessels in the container market.