SALES

BULKERS
M/V "SPRING EAGLE" - 58,096 dwt, blt 2010 Tsuneishi Cebu/Philippines, NK SS due Jun 2020, DD due 2 Jun 2018, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X30T
Committed on subs to undisclosed buyers for $15.35 mill
M/V "ERMIS" - 52,808 dwt, blt 2004 Onomichi/Japan, NK, 5 HO/5 HA, B+W 6S50MC, Cr 4X30T
Sold to Chinese buyers for region $10.5 mill (Note: firm price)
M/V "HAI KUO" - 49,400 dwt, 2004 Nantong Cosco/China, BV, 5 HO/5 HA, B+W 6S50MC, Cr 4X25T
Sold on 30th October at auction via online system of Guangzhou Shipping Exchange to Chinese buyers for $8.4 mill
M/V "AEOLOS" - 45,736 dwt, blt 1997 Hashihama/Japan, NK, 5 HO/5 HA, B+W 6S50MC, Cr 4X30T, LDT 7,445
Sold to undisclosed buyers for $5 mill (Note: firm price)
M/V "XO LION" - 42,717 dwt, blt 1997 IHI/Japan, BV, 5 HO/5 HA, Sulzer 6RTA48T, Cr 4X30T, LDT 7,586
Sold to undisclosed buyers for $4.5 mill
M/V "IVS KITTIWAKE" - 32,555 dwt, blt 2007 Kanda/Japan, NK, 5 HO/5 HA, Mitsubishi 6UEC52LA, Cr 4X30.5T
Sold to undisclosed buyers for $9 mill
M/V "KING YUKON" - 32,258 dwt, blt 2009 Kanda/Japan, NK, 5 HO/5 HA, Mitsubishi 6UEC52LA, Cr 4X30.5T
Sold to European buyers for $10.5 mill
M/V "OLYMPIA IV" - 32,029 dwt, blt 2008 Hakodate/Japan, NV, 5 HO/5 HA, Mitsubishi 6UEC45LSE, Cr 4X30T
Sold to undisclosed buyers for $9.1 mill
M/V "CLIPPER ICHIBAN" - 28,319 dwt, blt 2009 I-S/Japan, NK, 5 HO/5 HA, B+W 6S42MC, Cr 4X30.5T
Sold to undisclosed buyers for $8.5 mill
(Note: log fitted, imminent drydock)
M/V "DUBAI CASTLE II" - 28,074 dwt, blt 2000 Bohai/China, GL ss 08/2020 dd 08/2018, 5 HO/5 HA, Sulzer 5RTA52, Cr 4X30T, LDT 7,238
Sold to undisclosed buyers for $4.5 mill
(Note: Sellers have purchased her as "CAJU" back in July 2016 for just $2.45 mill)
M/V "SEIYO 18" - 8,629 dwt, blt 1994 Shin Kurushima/Japan, NK, 2 HO/2 HA, B+W 5L35MC, Cr 1X30T, Cr 2X20T
Sold to undisclosed buyers for $1.35 mill
M/V "SINAR PADANG" - 4,181 dwt, blt 2007 Persero/Indonesia, KI, 241 teus - 15 reefers, 2 x Caterpillar 3512B, Cr 2X40T
Sold to undisclosed buyers for $1.28 mill

CONT/TWEEN/MPP
C/V "ZHONG GU ZHE JIANG" - 68,150 dwt, blt 204 Hanjin Ulsan/South Korea, GL, 5060 teus, B+W 9K90MC-C
Sold to Chinese buyers (clients of Shanghai Zhonggu Shipping) for $9.5 mill
C/V "SAIGON BRIDGE" - 21,980 dwt, blt 2008 Imabari/Japan, NK, 1708 teus, B+W 7S60MC-C
Sold to undisclosed buyers for $9.5 mill
C/V "FSL SANTOS" - 16,421 dwt, blt 2003 Peene-Werft/Germany, GL, 4 HO/7 HA, 1200 teus, B+W 7S50MC-C, Cr 2X40T
Sold to German buyers (clients of MPC) for $9.4 mill

TANKERS
M/T "RS KAYSTROS" - 158,000 dwt, blt 2016 SWS/China, AB, 12 tanks, B+W 6G70ME-C9
Sold to Greek buyers (clients of Polemis) for $49.7 mill
M/T "BENGAL ORCHID" - 19,980 dwt, blt 20008 Fukuoka/Japan, NK, 20 stainless steel tanks, B+W 6S42MC
Sold to Far Eastern buyers for $13.3 mill
M/T "SINAR JOGYA" - 18,050 dwt, blt 2001 Jiangdu Yuehai/China, KI, 12 tanks, B+W 7S35MC
Sold to undisclosed buyers for $7.9 mill
M/T "OANA" - 6,474 dwt, blt 2008 Zhenjiang Sopo/China, BV, 12 phenolic epoxy coated tanks, pumps 12 x 300 cbm, MaK 9M25,bowthruster
Sold at auction to Greek buyers for $3.2 mill
M/V "SARA THERESA" - 2,954 dwt, blt 2003 Samho/South Korea, BV, 10 tanks, B+W 8L27/38
Sold to undisclosed buyers for $4.5 mill

DEMOLITION
(Please note that if some of the prices reported below do not correspond to the current scrap market levels, they are most probably older deals that recently became known to the market and do not reflect the current market situation)

Bulkers
M/V "BLACK SEA"- LDT 5,180- 21,373 dwt, blt 1983 Shin Yamamoto/Japan, BR,4 HO/4 HA, Sulzer 6RLB56, Cr 3X25T, Der 1X25T
Demo to BANGLADESH for $353 per LDT
M/V "SAI SUNRISE" - LDT 6,635 - 14,101 dwt, blt 1989 Mathias-Thesen/Germany, NK, 3 HO/3 HA, 1034 teus, Sulzer 5RTA58, Cr 1X40T, Cr 2X25T
Demo to INDIA/PAKISTAN for $366 per LDT
M/V "SELATAN DATANG" - LDT 1,667- 3,956 dwt, blt 1997 Moxen/Malaysia, BV, 2 HO/2 HA, Yanmar M220-EN
Demo to BANGLADESH for $335 per LDT

Containers/Mpp/Tweens
C/V "TANTO SAYANG" - LDT 2,543- 7,207 dwt, blt 1990 Dae Sun/South Korea, KI, 3 HO/6 HA, 333 teus, B+W 6L35MC
Demo to BAGLADESH for $365 per LDT
M/V "CHIN SHWE HAW"- LDT 2,108 - 3,309 dwt, blt 1996 Zhonghua/China, LR, 2 HO/2 HA, B+W 4L35MC, Der 2X12T, Der 2X6T
Demo to BANGLADESH for $355 per LDT
M/V "MONG LA" - LDT 2,047- 3,280 dwt, blt 1997 Zhonghua/China, LR, 2 HO/2 HA, B+W 4L35MC
Demo to BANGLADESH for $355 per LDT

Reefers
M/V "NOVOYELNYA" - LDT 3,061- 2,117 dwt, blt 1979 Volkswerft/Germany, RS, 3 HO/3 HA, Reefer cap 64273 cbm, DMR 8ZD72/48AL-13880, Der 2X5T, Der 4X3T
Dem to BANGLADESH for $300 per LDT,
M/V "HAO XIANG" - LDT 2,410- 4,392 dwt, blt 1980 Aesa/Spain, PS, 4 HO/4 HA, reefer cap 198046 cbm, B+W 5K45GF, Cr 3X3T
Demo to BANGLADESH for $368.5 per LDT
M/V "WIN UNI" - LDT 2,054 - 3,597 dwt, blt 1973 Kurushima/Japan, PS, 3 HO/3 HA, reefer cap 133137 cbm, Mitsubishi 6UET45/80D, Der 6X3T
Demo to BANGLADESH for $335 per LDT
M/V "SILVER SEA 3" - LDT 1,026- 1,835 dwt, blt 1970 Nieuwe Noord/Holland, 3 HO/3 HA, reefer cap 90688 cbm, Deutz RBV12M350, Der 3X3T
Demo to BANGLADESH for $320 per LDT

Lion Research & Valuations 2017