Secondhand Market still Attractive
According to the statistics of Golden Destiny, totally 15 vessels were reported to have changed hands this week with a total invested capital of $258.55 m. The S&P activity in last week is down by 42.3% week-on week and down by 50% compared with previous year’s week in transaction volume. In terms of invested capital, the tanker sector appears as the most overweight segment by attracting about 53% of the total and bulk carriers to follow with 25%.It seems that buyers are still keen in secondhand units as the prices are appealing low.
Representative deal of the week is the aframax tanker resale of 104,280 delivery 2012 Japan at $43,5 mil to Greek buyers.
In dry market, following a steady level of sales activity for 90's built Panamax bulkers in recent weeks, this week the majority of s+p activity has been dominated by sales in the Supramax sector.


