SALES

BULKERS
M/V "CAROUGE" - 177,253 dwt, blt 2003 Namura/Japan, NK, 9 HO/9 HA, B+W 6S70MC - $14.8 mill
M/V "CHAMBESY" - 171,995 dwt, blt 2004 Hyundai Ulsan/South Korea, AB, 9 HO/9 HA, B+W 6S70MC-C - $15.2 mill
Sold to Danish buyers (clients of BW Dry Cargo) for $30 mill en bloc
M/V "MONA FRONTIER" - 172,565 dwt, blt 2001 Nkk/Japan, NK, 9 HO/9 HA, B+W 6S70MC
Sold to undisclosed buyers for $12.8 mill
M/V "AZALEA SKY" - 80,594 dwt, blt 2012 Universal/Japan, LR, 7 HO/7 HA, B+W 7S50MC-C
Sold to Italian buyers for $21.5 mill (Note: off market deal)
M/V "OCEAN ANTWERP" - 76,596 dwt, blt 2007 Imabari/Japan, NK, 7 HO/7 HA, B+W 6S60MC
Sold to Greek buyers (clients of Balthellas) for $14 mill
M/V "MARTO" - 74,470 dwt, blt 2001 Daewoo/South Korea, LR, 7 HO/7 HA, B+W 6S60MC
Sold to Chinese buyers for $8.4 mill
M/V "OCEAN MORNING" - 57,814 dwt, blt 2015 Tsuneishi/Japan, NK, 5 HO/5 HA, B+W 6S50ME-C8, Cr 4X30T
Sold to Greek buyers for $21 mill
M/V "MS JUPITER" - 56,788 dwt, blt 2008 Jiangsu Hantong/China, NV, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X36T
Sold to undisclosed buyers for $9.4 mill
(Note: she was purchased by sellers as "JUPITER" back in November last year for $6.5 mill thus making a profit of $2.9 mill in less than a year)
M/V "SABRINA VENTURE" - 53,456 dwt, blt 2010 Chengxi/China, BV, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X36T
Sold to Chinese buyers for $10.5 mill (Note: Diamond 53 design)
M/V "TAI HARVEST" - 51,008 dwt, blt 2002 Oshima/Japan, AB, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X30T
Sold to undisclosed for $8.25 mill
M/V "OLUJA" - 41,712 dwt, blt 1996 Brodosplit/Croatia, NK, 5 HO/5 HA, B+W 5S50MC, Cr 4X25T
Sold to Chinese buyers for region $4 - $4.2 mill
M/V "OCEAN PLATINUM" - 37,194 dwt, blt 2012 Hyundai Mipo/South Korea, NK, 5 HO/5 HA, B+W 6S46MC-C8, Cr 4X30T
Sold to undisclosed buyers for $12.9 mill
M/V "PARISIANA" - 34,604 dwt, blt 2012 Shanhaiguan/China, AB, 5 HO/5 HA, B+W 6S42MC, Cr 4X30T
Sold at auction on 12th September in Gibraltar (Admiralty Court Sale) to undisclosed buyers for $7.8 mill basis as-is,
where-is lying Gibraltar
M/V "KING BEANS" - 28,642 dwt, blt 2010 Shimanami/Japan, NK, 5 HO/5 HA, B+W 6S42MC, Cr 4X30.5T
Sold to undisclosed buyers for $8.75 mill
M/V "MAGNOLIA ACE" - 28,389 dwt, blt 2010 I-S Shipyard/Japan, NK, 5 HO/5 HA, B+W 6S42MC, Cr 4X30.5T
Sold to Greek buyers for $8.15 mill
M/V "SHUNWA" - 28,351 dwt, blt 2010 Shimanami/Japan, NK, 5 HO/5 HA, B+W 6S42MC, cr 4X30.7T
Sold to Greek buyers for $8.2 mill (Note: off market deal)

CONT/TWEEN
C/V "GULF BRIDGE" -102,455 dwt, blt 2011 Hyundai/S. Korea, KR, 8586 teus, Wartsila 12RT-flex96C93323 - $14 mill
C/V "BALTIC BRIDGE" - 93,570 dwt, blt 2005 Hyundai/South Korea, GL, 7471 teus, B+W 12K98MC-C - $11 mill
Sold en bloc to South Korean buyers (clients of Sinokor) for $25 mill
C/V "KAETHE P" - 53,911 dwt, blt 2006 Hyundai Ulsan/South Korea, NV, 5041 teus, B+W 8K98ME-C
Sold to German buyers (clients of MPC) for region $9.5 - $9.75 mill
C/V "OLYMPIA" - 38,012 dwt, blt 2007 Nordseewerke/Germany, GL, 2702 teus, B+W 7L70MC-C
Sold to Indonesian buyers (clients of Meratus) for region $10.5 - $11 mill
C/V "WEHR HAVEL" - 33,748 dwt, blt 2002 Kvaerner/Germany, NV, 2524 teus, B+W 7L70MC, Cr 3X45T
Sold to Greek buyers for region $4.9 - $5.3 mill
C/V "THORSRIVER" - 21,900 dwt, blt 2017 Wenchong/China, NG, 1700 teus, Wartsila 6RT-flex58T-18559
Sold to Japanese buyers (clients of Kotoku Kaiun) for $20 mill
C/V "HANSA KIRKENES" - 20,463 dwt, blt 2002 Wenchong/China, GL, 1550 teus, B+W 6S60MC-C, Cr 2X40T
Sold to Chinese buyers for $3.3 mill
C/V "HANSA LANGELAND" - 20,170 dwt, blt 2003 Wenchong/China, GL, 1581 teus, B+W 6S60MC, Cr 2X40T
Sold to undisclosed buyers for $3.5 mill

TANKERS
M/T "ORIENT SUNSHINE" - 45,994 dwtm, blt 2008 Shin Kurushima/Japan, NK, 14 tanks, Mitsubishi 6UEC60LA
Sold to Greek buyers (clients of Product Shipping & Trading) for $15.2 mill
M/T "ATLANTIC DIANA" - 47,128 dwt, blt 2007 Hyundai Mipo/South Korea, KR, 12 tanks, B+W 6S50MC-C
M/V "ATLANTIC BLUE" - 47,128 dwt, blt 2007 Hyundai Mipo/South Korea, KR, 12 tanks, B+W 6S50MC-C
Sold en bloc to undisclosed buyers for $16 mill each
M/T "SOFIA" - 7,744 dwt, blt 1991 Asakawa/Japan, PE, 15 stainless steel (SUS316+304) tanks, 7 pumps, Mitsubishi 6UEC37LA, epoxy & zinc (wing) coated coiled sbt/ imo ii/iii double bottomed
Sold to Far Eastern buyers for $2.1 mill
M/T "NEW GLORY" - 4,147 dwt, blt 1996 Shin Kurushima/Japan, NK, 8 tanks, Akasaka A37,
Sold to undisclosed buyers for $2.4 mill (Note: asphalt carrier)

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 "SRI PREM POORVA" - LDT 10,034- 69,286 dwt, blt 1994 Hashihama/Japan, IR, 7 HO/7 HA, B+W 6S60MC, Cr 4X25T
Demo to BANGLADESH for $400 per LDT

Containers/Tween
C/V "MAERSK PEMBROKE"- LDT 12,250- 38,250 dwt, blt 1998 Kvaerner Warnow/Germany, AB, 6 HO/11 HA, 2890 teus, B+W 8K80MC-C
Demo to TURKEY for $301 per LDT for guaranteed green recycling
M/V "WESTERBURG" - LDT 10,443- 30,291 dwt, blt 19977 Gdynia Stocznia/Poland, GL, 5 HO/9 HA, 2072 teus, Sulzer 6RTA72U, Cr 3X45T
Demo "AS IS "SINGAPORE for $423 per LDT
C/V "CONCORD"- LDT 5,822- 17,446 dwt, blt 1992 Kanda/Japan, NK, 4 HO/13 HA, 1038 teus, B+W 7L50MC
Demo "AS-IS" KAOHSIUNG (TAIWAN) for $360 per LDT for guaranteed green recycling
C/V "UNI-CONCERT" - LDT 5,823- 17,446 dwt, blt 1993 Kanda/Japan, NK, 4 HO/13 HA, 1038 teus, B+W 7L50MC
Demo "AS-IS" KAOHSIUNG (TAIWAN) for $360 per LDT for guaranteed green recycling

Tankers
M/T "DS CROWN" - LDT 41,816- 311,176 dwt, blt 1999 Hyundai Ulsan/South Korea, NK, 15 tanks, B+W 7S80MC
Demo to undisclosed location for $395 per LDT
M/T "LA PAZ" - LDT 40,970 - 299,700 dwt, blt 1995 Odense/Denmark, LR, 15 tanks, Mitsubishi 8UEC75LSII
Demo "AS - IS" SINGAPORE (destination BANGLADESH) for $415 per LDT basis full gas free condition

Lion Research & Valuations 2017