Georgina Gavin, Sales and Marketing Director, and Alex Adamou, VV consultant, out in London for Georgina’s birthday
Adrian Economakis, Strategy Director, currently braving the snow in New York. Click here to contact him for a meeting
VesselsValue.com’s blog launches today! Find blog posts from the VV team about their travels, weekly valuation round ups from our two Tobys, data reports from the Trumpet, recent articles we’ve appeared in, check out our twitter & instagram feeds and download the VV monthly Red Reports.On each post, you will find a box to sign up to receive blog posts straight to your inbox.
Pictured above: Changes in asset value correlation in the dry bulk sector. Click here to request more information about VVQ
Seasure’s Demolition Report
Seasure Shipping’s weekly demolition report looks at individual ships scrapped, LDT/$ fluctuations and demolition trends within the bulker, tanker and container industries.
Click here to register for the full report, which comes out every Wednesday.
VV Market Round UpYesterday saw the Baltic Dry Index hit a 19 year low and bulker values have continued to fall. The biggest movement this week has been in a fall in panamax values following the Maritime Taboneo 76, 300 dwt ’04 blt Imabari being sold for USD 10.75 Million.
In the container market there has been some movement in the feedermax and panamax values following the sales of the Sea Pioneer 1, 118 TEU ’05 blt STX Braila for USD 4.8 Million and the Helena Schulte 3, 534 TEU ’06 blt Chengxi which sold for USD 14 Million.
In the tanker markets values have on the whole, remained stable. The notable sale this week was the en bloc suezmax deal of the Roxen Star 156, 500 dwt ’09 blt Jiangsu Rongsheng and the Chapter Genta 156, 500 dwt ’10 blt Jiangsu Rongsheng for USD 96 Million, which has caused a slight drop in newer suezmax values.