To domestic shipowners’ delight, coastal dry bulk shipping market has seen great rebounding in the period. However, secondhand bulker transactions haven’t been drawn up by the trend till now.
Many buyers inked small bulkers (5,000dwt-15,000dwt) at the near-bottom price. The low value reduces the operation risks and enables the buyers to resale in poor market. It is reported a 2008-blt 8,500 bulker was traded at $2.37m and a five-year 5,000 bulker sold at $1.55m which is rather a good price in current market.
Enquiries for 20,000+ dwt bulk carriers are still rare. A Guandong-based financing leasing company intends to buy a 45,000dwt bulker for further chartering, which demonstrating the fact that many capital-strong buyers are willing to invest in the depressed shipping market and expect for great proceeds in later rebounding.
According to insider shipbrokers’ assessment, the value decline of five-year 5,000dwt bulker has been mild in the period with growing of transactions. But the assessments of three-year 16,500dwt and 22,500dwt bulkers have seen greater decrease for many buyers are unwilling to undertake high risks purchase.  
The performance of secondhand tanker market in the period is quiet plain. Some buyers has turned their eyes form 3,000dwt DH tankers to 4,500dwt product tanker. However, most buyers still choose to wait for lower price.
The policy of stopping approval of more tanker capacity from Ministry of Transport has been good news for newbuilt tankers.
Single-hull tankers have seen an end of its future with the most countries closing flag of convenience to single-hull tanker by 2015. Operators could transfer currents smaller single-hull tankers to double-hull for future operation. Regulations for environment protection have been more and more strict this years, it’s better for owner to take actions as early as possible.
The value for three-year 3,000dwt tankers keeps relatively stable in the period with few transactions finished. But the assessment of three-year 5,000dwt tankers seen mild decline with more newbuilds hitting water.
Some buyers are looking for secondhand containerships recently, especially small boxships for feeder service. The cooperation of big liners and the warmup of box shipping market has made secondhand boxships more attractive since the beginning of 2012, however, the future is still full of uncertainties.
Some buyer enquires about 3,500dwt newbuilt chemical tanker, but the purchase is still in market researching phase.
With few big projects launching in South East Asia, some local countries are now searching for barges recently.
Newbuilding price has seen further drop with many shipyards eager to win new orders.