SALES

BULKERS
M/V "CSK FORTUNE" - 175,526 dwt, blt 2003 SWS/China, AB, 9 HO/9 HA, B+W 6S70MC
Sold to Greek buyers for $12.85 mill
M/V "MEDITERRANEAN TRADER" - 169,237 dwt, blt 2008 Daehan/South Korea, KR, 9 HO/9 HA, B+W 6S70MC-C
Sold to Greek buyers (clients of Cyprus Sea Lines) for $17.8 mill
(Note: she was purchased by Sellers back in September 2016 as "TIGER LILLY" for $14.5 mill, thus making a profit of $3.3 mill in a year)
M/V "TENMYO MARU" - 58,749 dwt, blt 2008 Tsuneishi Zhoushan/China, NV, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X30T
Sold to undisclosed buyers for $13.8 mill
M/V "ROWAN 1" - 57,970 dwt, blt 2010 Yangzhou Dayang/China, NV, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X35T
Sold to German buyers for $10 mill
M/V "NONNA ULIA" - 55,667 dwt, blt 2010 Mitsui/Japan, NK, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X30T
Sold to undisclosed buyers for region $14.75 - $14.9 mill
M/V "OCEAN PEARL" - 55,557 dwt, blt 2004 Oshima/Japan, NK ss due 09/2019 dd due 10/2017, 5 HO/5 HA, B+W 6S50MC-C, Cr 4X30T + grabs
Sold to Indonesian buyers for $10 mill (Note: open hatch)
M/V "MILESTONE" - 52,370 dwt, blt 2003 Tsuneishi/Japan, NK ss due 04/2018, 5 HO/5 HA, B+W 6S50MC, Cr 4X30T
Sold to Chinese buyers for $9.1 mill
(Note: she was purchased by Sellers back in April 2016 as "OCEAN CHIE" for just $4.3 mill, thus doubled their investment in a 1.5 year)
M/V "GREAT MARY" - 32,170 dwt, blt 2000 Saiki/Japan, KR, 5 HO/5 HA, Mitsubishi 6UEC52LA, Cr 4X30T
Sold to Chinese buyers for $5.3 mill
M/V "HOPE STAR" - 28,294 dwt, blt 1995 NKK/Japan, NK, 5 HO/5 HA, B+W 5L50MC, Cr 4X30.5T
M/V "PAC STAR" - 28,255 dwt, blt 1995 NKK/Japan, NK, 5 HO/5 HA, B+W 5L50MC, Cr 4X30.5T
Sold en bloc to Chinese buyers for $2.7 mill each
M/V "SAINT FANOURIS" - 21,274 dwt, blt 2007 Linhai Huipu/China, LR, 4 HO/4 HA, Pielstick 8PC2-6L, Cr 3X25T
Sold to Greek buyers for $5.5 mill

CONT/TWEEN/MPP
C/V "HS PARIS" - 84,155 dwt, blt 2012 Jiangsu Rongsheng/China, GL, 6552 teus, Wartsila 10RT-flex96C
C/V "HS ROME" - 84,153 dwt, blt 2014 Jiangsu Rongsheng/China, GL, 6588 teus, Wartsila 10RT-flex96C
Sold en bloc to French buyers (clients of CMA CGM) for $13.5 mill each
C/V "MOL DEDICATION" - 50,596 dwt, blt 2008 Dalian/China, GL, 4250 teus, B+W 8K90MC-C
Sold to Chinese buyers for $9.8 mill
C/V "JULES VERNE" - 50,466 dwt, blt 2010 Jiangsu Newyangzi/China, GL, 4249 teus, B+W 8K90MC-C, LDT 17,400
Sold to undisclosed buyers for $10.3 mill
C/V "FRISIA LOGA" - 33,812 dwt, blt 2005 Aker Mtw/Germany, GL, 2478 teus, B+W 7L70MC-C, Cr 3X45T
C/V "FRISIA HANNOVER" - 33,742 dwt, blt 2006 Aker Mtw/Germany, GL, 5 HO/10 HA, 2478 teus, B+W 7L70MC-C, Cr 3X45T
Sold en bloc to Danish buyers (clients of Navigare Capital Partners) for $9.35 mill each including t/c to Maersk
M/V "ASTRO" - 4,599 dwt, 1989 Zhonghua/China, DR, 1 HO/1 HA, 256 teus, B+W 4L35MC, Cr 2X50T
Sold to undisclosed buyers for $1.2 mill

TANKERS
M/T "OCEAN MARE" - 106,004 dwt, blt 2006 Hyundai Samho/South Korea, NV, 12 tanks, B+W 6S60MC-C
Sold at auction to Greek buyers (clients of LL Energy) for $13.3 mill (Note: Laid up)
M/T "SEAWAYS AMBERMAR" - 35,970 dwt, blt 2002 STX/South Korea, AB, 14 phenolic epoxy tanks, 7 grades, st.steel coils, B+W 6S46MC-C, LDT 8,334 MT
Sold to undisclosed buyers for $9 mill
M/T "ORIENTAL WISTERIA" - 12,499 dwt, blt 2001 Fukuoka/Japan, KR, 20 stainless steel SUS 316 L/LN tanks, st.steel coils, double hull, bowthruster, Mitsubishi 7UEC37LA, LDT 9100
Sold to South Korean buyers (clients of Sunwoo Tanker) for $7.8 mill
M/T "ZEYNEP A" - 11,276 dwt, blt 2007 Admarin/Turkey, BV Ice 1A, 14 marine line coated tanks, st.steel coils, 14 segregations, B+W 6S35MC, bowthruster, shaft generator, LDT 4,017
Sold to undisclosed buyers for $8.4 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 "MELITE" - LDT 10,181- 76,436 dwt, blt 2004 Tsuneishi/Japan, NK, 7 HO/7 HA, B+W 7S50MC-C
Demo "AS IS" PULANG PISAU- INDONESIA for $255 per LDT (Note: damaged condition)
M/V "LYRA" - LDT 1,763- 5,076 dwt, blt 2004 Zhejiang Donghong/China, MY, 275 teus - 25 reefers, Guangzhou 8320ZC, gearless
Demo to BANGLADESH for $340 per LDT

Containers
C/V "WOOLAMAI" - LDT 19,910- 66,686 dwt, blt 2002 Hyundai Ulsan/South Korea, AB, 4839 teus, B+W 9K90MC-C
Demo to PAKISTAN for $427 per LDT

Tankers
M/T "EVITA" - LDT 13,084 - 66,895 dwt, blt 1993 Hyundai Ulsan/South Korea, LR, 14 tanks, B+W 6L60MC
Demo to BANGLADESH for $412 per LDT
M/T "KRITI AMETHYST" - LDT 12,450- 45,614 dwt, blt 1996 Chernomorskyi/Ukraine, LR, 7 tanks, B+W 6S60MC
Demo to BANGLADESH for $425 per LDT

Lion Research & Valuations 2017