Advanced Shipping & Trading: Market Report – Week 25 (2020)

19 June 2020

Advanced Shipping & Trading

Market Report

12 – 19 June 2020

Source: Advanced Shipping & Trading

Carras Hellas have sold their Capesize “Aquaglory” 171/2003 Sasebo, Japan (SS 07/2023, DD 07/2021) to Chinese buyers at levels USD mid-high 9 mill. For comparison, the two-years-younger “Cape Baltic” 177/2005 Mitsui, Japan (SS/DD 11/2020) was sold last month at USD 10,4 mill.

Following the sale of their Post Panamax “LM Selene” 93/2009 Jiangsu New Yangzijiang, China at USD low 9 mill in May, Monte Carlo Maritime have now sold another ship, the one-year-younger sister vessel “LM Victoria” 93/2010 Jiangsu New Yangzijiang, China (SS/DD 09/2020) at similar levels basis SS/DD due.

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