SALES

BULKERS
M/V "NAVIOS ALTAIR" - 83,001 dwt, blt 2006 Tsuneishi/Japan, NK, 7 HO/7 HA, B+W 7S50MC-C
Sold to Greek buyers (clients of Atlas) for $14.5 mill
M/V "OCEAN SAKURA" - 76,596 dwt, blt 2007 Imabari/Japan, NK, 7 HO/7 HA, B+W 6S60MC
Sold to Greek buyers for $13.75 mill
M/V "DESERT SERENITY" - 53,820 dwt, blt 2008 Taizhou Kouan/China, AB, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X36T
Sold to undisclosed buyers for $9.2 mill
M/V "LORD" - 52,504 dwt, blt 2004 Tsuneishi Cebu/Philippines, PR, 5 HO/5 HA, B+W 6S50MC, Cr 4X30T
Sold to Chinese buyers for $5.1 mill
(Note: she was arrested & laid up in China since November 2016 at Zhanjiangang Jiusheng Shipyard with her Class suspended)
M/V "DORIC PRIDE" - 52,428 dwt, blt 2001 Tsuneishi/Japan, LR, 5 HO/5 HA, B+W 6S50MC, Cr 4X30T
Sold to Bangladesh buyers for excess $8 mill
M/V "WORLDERA-2"- 48,907 dwt, blt 2001 IHI/Japan, NK, 5 HO/5 HA, Sulzer 6RTA48T, Cr 4X30T, LDT 8,400
Sold to Chinese buyers for $7.7 mill
M/V "DOKOS" - 45,600 dwt, blt 1997 Tsuneishi/Japan, NK ss/dd due 09/2017, 5 HO/5 HA, B+W 6S50MC, Cr 4X30T
Sold to Far Eastern buyers for $4.2 mill (Note: basis ss/dd due)
M/V "AVIC WEIHAI 396" - 37,877 dwt, blt 2016 Avic Weihai/China, NK, 5 HO/5 HA, B+W 5S50ME-B9, Cr 4X30T
Sold to German buyers for $16.9 mill
M/V "SEA MELODY" - 34,468 dwt, blt 2010 SPP/South Korea, NV, 5 HO/5 HA, B+W 5S50MC-C, Cr 4X35T, 3 x generators
Sold to undisclosed buyers for region $10.5 - $10.8 mill

TANKERS
M/T "RS TARA" - 158,000 dwt, blt 1016 SWS/China, AB, 12 tanks, B+W 6G70ME-C9
Sold to Greek buyers for $51 mill
M/T "NEPTUNE VOYAGER" - 104,875 dwt, blt 2003 Samsung/South Korea, AB, 12 tanks, B+W 6S60MC-C, LDT 17,300
M/T "STELLAR VOYAGER" - 104,801 dwt, blt 2003 Samsung/South Korea, AB, 12 tanks, B+W 6S60MC-C
Sold en bloc to Greek buyers (clients of Spring Marine) for $10 mill each
M/V "MARE PACIFIC" - 68,467 dwt, blt 2001 Koyo/Japan, LR, 14 tanks, B+W 6S60MC
Sold to Greek buyers for $5 mill

M/T "VEGA" - 46,217 dwt, blt 1999 Hyundai/South Korea, NV, 12 tanks, B+W 6S50MC, igs/sbt/coiled/epoxy coated, LDT 9,500
Sold to undisclosed buyers for $6.5 mill
M/V "KING EMERALD" - 38,850 dwt, blt 2004 Guangzhou/China, AB, 10 coated tanks/10 pumps, B+W 6S46MC-C, sbt igs cow, LDT 9,785
Sold to undisclosed buyers for $7.1 mill (Note: insolvency sale)

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 "STELLAR COSMO" - LDT 40,000- 261,310 dwt, blt 1992 Kawasaki/Japan, KR, 10 HO/10 HA, B+W 7S80MC
Demo to INDIA/PAKISTAN options for $423 per LDT (Note: Ore Carrier)
M/V "FOUR SPRINGS" - LDT 19,398- 109,009 dwt, blt 1992 Fincantieri/Italy, RI, 8 HO/8 HA, Sulzer 7RTA62
Demo to BANGLADESH for $380 per LDT
M/V "VINALINES TRADER" - LDT 9,706 - 69,614 dwt, blt 1997 Tsuneishi/Japan, VR, 7 HO/7 HA, B+W 6S60MC
Demo 'AS IS' VIETNAM for $394 per LDT (Destination: BANGLADESH)
M/V "PAUS ONE" - LDT 3,754- 10,153 dwt, blt 1972 Kanda/Japan, KI, Niigata 8MG31EZ
Demo to BANGLADESH for $340 per LDT

Containers/Tween
C/V "MSC MYKONOS" - LDT 23,451- 60,639 dwt, blt 1988 Odense/Denmark, LR, 9 HO/48 HA, 4437 teus, B+W 10K90MC
Demo to INDIA for $425 per LDT
C/V "MSC FLORIDA" - LDT 21,437- 58,286 dwt, blt 2005 Stocznia/Poland, GL, 8 HO/16 HA, 4444 teus, Sulzer 8RTA96C
Demo 'AS - IS' PORT SAID (EGYPT) for $418 per LDT

Reefer
M/V "WILSON EXPRESS" - LDT 3,657- 5,864 dwt, blt 1983 Fosen/Norway, BV, reefer cap 319989 cbm, MaK 12M552AK, 2 side doors (stbd), 4 cargo elevators, pitch propeller, rudder - becker flaps, bowthruster
Demo to TURKEY for $280 per LDT

RoRo
PCC "HYUNDAI No. 106" - LDT 12,287 - 12,848 dwt, blt 1987 Hyundai/South Korea, KR, B+W 8L60MCE
Demo to BANGLADESH for $418 per LDT
RO/PAX "OHAMANA"- LDT 5,992- 3,435 dwt, blt 1989 Mitsubishi/Japan, KR, Pielstick 12PC2-6V-40018002, Der 1X25T, twinscrew, bowthruster
Demo 'AS IS’ KANDA (JAPAN) for $315 per LDT

Tankers
M/T "M SPIRIT" - LDT 16,529- 95,371 dwt, blt 1995 Hyundai/South Korea, BV, 7 tanks, B+W 5S70MC
Demo to BANGLADESH for $385 per LDT

Lion Research & Valuations 2017